Corporate Car-Sharing will boost the Car-Sharing Market in Europe from 2014 to 2018: TechNavio

Renewable energy

 

London, 09 October 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Car-Sharing Market in Europe 2014-2018.

Car-sharing is a membership-based self-service system that contains a network of stations and vehicles and is an alternative to traditional car ownership for individuals and companies. In this system, vehicles are owned by a separate firm, an organization or individuals and are shared by users for a short period of time.

The car-sharing market in Europe is expected to grow at a CAGR of 36.07 percent from 2013-2018.

The latest report by TechNavio focuses on the cost-saving benefits of car-sharing. It also highlights the growing trend of corporate car-sharing, as these schemes either complement or replace fleets of vehicles at company premises, thus allowing employees to access pooled cars when required.

“Car-sharing provides employees with access to vehicles that are largely brand new and of high quality, which boosts staff morale and retention. Such schemes are also gaining preference with the emergence of sophisticated fleet-management software, which helps employees use several travel modes that are billed to a single cost center,” says Faisal Ghaus, Vice President of TechNavio.

 

Key Information Covered in the Report:

Market segmentation, size and forecast through 2018

Market Growth Drivers:

Market Challenges:

Market Trends:

Key Vendors:

  • Car2Go
  • Enterprise CarShare
  • Hertz 24/7 Corp.
  • Liftshare.com Ltd.
  • Mobility CarSharing

Other Prominent Vendors:

  • Autolib
  • BlaBla Car
  • DriveNow
  • EkoRoad
  • Freewheelers

https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….