Fast lane: Wider acceptance of sharing services will increase industry demand

IBISWorld’s Car Sharing Providers market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Threats & Opportunities

  • Growing concern for CO2 emissions and an overall shift toward environmentally friendly practices drove demand for car sharing
  • A key trend for operators is the growth in demand for environmentally friendly practices
  • One of the defining characteristics of industry consumers is a high level of education

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    Industry Analysis & Industry Trends

    With growing concern for CO2 emissions and an overall shift toward environmentally friendly practices, demand for car sharing has ballooned over the past five years, causing industry revenue to grow by double digits. Over the next five years, revenue will continue to expand, albeit at a slower pace, services become more widely accepted by the market and expansion slows...

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    Industry Report - Industry Investment Chapter

    The Car Sharing Providers industry is highly capital intensive, with the average industry operator expected to spend $2.04 on capital for every $1.00 spent on labor. To operate in the industry, operators must purchase a large fleet of vehicles. This requires a large investment of capital on the maintenance and repair of their fleets, as well as regular replacement of older and malfunctioning vehicles with newer ones. Consequently, depreciation represents the largest or second-largest cost to many operators in the industry. The major players participate in a variety of vehicle purchase programs with major domestic and foreign vehicle manufacturers and wholesalers.


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    Additional Insights for the Car Sharing Providers Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Car Sharing Providers Industry are

  • Placement of fleet
  • Maximum utilization of fleet
  • Access to the best technology
  • IBISWorld analysts also discuss how external factors such as New car sales and Number of mobile internet connections in the Car Sharing Providers industry impact industry performance..

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    Look under the hood?

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    Industry Products

    What is the Car Sharing Providers Industry?

    This industry is composed of establishments that offer membership-based car rental services, typically for both shorter periods and distances compared with traditional car renters. Although the pricing structure may vary, operators often charge by the mile and by the minute or hour in addition to a flat fee.

    Industry Products
    Compact cars
    Sport utility vehicles
    Industry Activities
    Per minute car rental
    Per hour passenger car rental
    Daily passenger car rental
    Provide insurance services for rentals

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • New car sales
  • Number of mobile internet connections
  • Per capita disposable income
  • Number of adults aged 20 to 64
  • World price of crude oil

  • Current Performance
  • Key market trends
  • Operational trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Universities as a growing market
  • Emerging trends
  • Table: Car Sharing Providers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Car Sharing Providers Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Colleges & Universities
  • Consumers

  • Key Selling Industries
  • Car & Automobile Manufacturing
  • Gas Stations
  • Parking Lots & Garages
  • Toll Roads & Weigh Stations

  • Products & Services
  • Sedans
  • Compact cars
  • Sport utility vehicles
  • Vans
  • Chart: Car Sharing Providers Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • 25 to 34 years old
  • 35 to 44 years old
  • 18 to 24 years old
  • more than 45 years old
  • Chart: Major Market Segmentation for the Car Sharing Providers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Car Sharing Providers

  • Basis of Competition
  • Internal Competition
  • External Competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Car Sharing Providers Industry

  • Industry Globalization
    Major Companies
    Avis Budget Group Inc.Daimler AGEnterprise
  • Table: Avis Budget Group Inc. - financial performance
  • Table: Daimler AG - financial performance
  • Table: Enterprise - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Car Sharing Providers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Car Sharing Providers Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Number of mobile internet connection (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • The generation with birth years from the early 1980s to the early 2000s.
  • Ride Sharing Services
  • Services that match a consumer with a car and driver, such as Uber or Lyft, for a one time trip.
  • Sharing Economy
  • An economic model based on sharing, swapping, trading or renting products and services, as opposed to outright ownership.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Car Sharing Providers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Car Sharing Providers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Car Sharing Providers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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