The Asia Pacific Shared Mobility Market would witness market growth of 15.7% CAGR during the forecast period (2022-2028).
Shared mobility is a growing industry in which customers share transportation resources & services at the same time or one after the other. In addition, shared mobility is not only cost-effective and ecologically good, but it is also handy. As a result, shared mobility would only be able to essentially replace car ownership. In areas with lower population density, there would have been an increase in customer demand for self-driving taxis as well as shuttles.
Leading market players are constantly operating with car manufacturers to expand their electric car-sharing service offerings in Asian countries. These strategies are likely to benefit the market over the forecast period. Most industry companies intend to extend their client base over the next few years by introducing sophisticated technology and increasing the number of investors in the market.
The focus of the Chinese government is on providing incentives to promote the sale of electric vehicles in this area. Countries like India are striving to boost the sales of electric vehicles, providing opportunities for the market to grow. Increased government initiatives to encourage the purchase of electric vehicles are projected to create opportunities for market expansion throughout the following evaluation period. The Chinese government provides incentives to entice citizens to purchase electric automobiles.
Japan is attempting to outfit infrastructure for charging as part of a national strategy. The Next-generation automotive plan 2010, developed in 2010 by cooperative efforts by the government and industry, states the target capacity of 5000 rapid & 2 million normal-charge gadgets by 2020. From Hokkaido to Okinawa, over 1300 quick-charge units were installed throughout Japan. Although the overall number of active charging machines is thought to be in the hundreds of thousands, it is impossible to quantify because electric outlets in residences also count as such.
The China market dominated the Asia Pacific Shared Mobility Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $59,083.2 million by 2028. The Japan market is estimated to grow at a CAGR of 15% during (2022 - 2028). Additionally, The India market would witness a CAGR of 16.4% during (2022 - 2028).
Based on Service Model, the market is segmented into Ride Hailing, Ride Sharing, Car Sharing, Bike Sharing and Others. Based on Vehicle, the market is segmented into Cars, Two-wheelers, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Shared Mobility Market is Projected to reach USD 454.4 Billion by 2028, at a CAGR of 15.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Lyft, Inc., Grab Holdings Inc. Avis Budget Group, Inc., DiDi Global Inc., Deutsche Bahn Connect GmbH (Deutsche Bahn AG), Uber Technologies, Inc., GT Gettaxi (UK) Limited, Ola Cabs (ANI Technologies Pvt. Ltd.), Share Now GmbH, and Global Car Sharing and Rental Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Service Model
- Ride Hailing
- Ride Sharing
- Car Sharing
- Bike Sharing
- Others
By Vehicle
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Lyft, Inc.
- Grab Holdings Inc
- Avis Budget Group, Inc.
- DiDi Global Inc.
- Deutsche Bahn Connect GmbH (Deutsche Bahn AG)
- Uber Technologies, Inc.
- GT Gettaxi (UK) Limited
- Ola Cabs (ANI Technologies Pvt. Ltd.)
- Share Now GmbH
- Global Car Sharing and Rental Co., Ltd
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Shared Mobility Market, by Service Model
1.4.2 Asia Pacific Shared Mobility Market, by Vehicle
1.4.3 Asia Pacific Shared Mobility Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Passive And Interconnecting Electronic Components Market
Chapter 4. Asia Pacific Shared Mobility Market by Service Model
4.1 Asia Pacific Ride Hailing Market by Country
4.2 Asia Pacific Ride Sharing Market by Country
4.3 Asia Pacific Car Sharing Market by Country
4.4 Asia Pacific Bike Sharing Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Shared Mobility Market by Vehicle
5.1 Asia Pacific Cars Market by Country
5.2 Asia Pacific Two-wheelers Market by Country
5.3 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Shared Mobility Market by Country
6.1 China Shared Mobility Market
6.1.1 China Shared Mobility Market by Service Model
6.1.2 China Shared Mobility Market by Vehicle
6.2 Japan Shared Mobility Market
6.2.1 Japan Shared Mobility Market by Service Model
6.2.2 Japan Shared Mobility Market by Vehicle
6.3 India Shared Mobility Market
6.3.1 India Shared Mobility Market by Service Model
6.3.2 India Shared Mobility Market by Vehicle
6.4 South Korea Shared Mobility Market
6.4.1 South Korea Shared Mobility Market by Service Model
6.4.2 South Korea Shared Mobility Market by Vehicle
6.5 Singapore Shared Mobility Market
6.5.1 Singapore Shared Mobility Market by Service Model
6.5.2 Singapore Shared Mobility Market by Vehicle
6.6 Malaysia Shared Mobility Market
6.6.1 Malaysia Shared Mobility Market by Service Model
6.6.2 Malaysia Shared Mobility Market by Vehicle
6.7 Rest of Asia Pacific Shared Mobility Market
6.7.1 Rest of Asia Pacific Shared Mobility Market by Service Model
6.7.2 Rest of Asia Pacific Shared Mobility Market by Vehicle
Chapter 7. Company Profiles
7.1 Lyft, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Research & Development Expenses
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.4.2 Acquisition and Mergers:
7.2 Grab Holdings Inc
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.3 Avis Budget Group, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Partnerships, Collaborations, and Agreements:
7.3.4.2 Acquisition and Mergers:
7.4 DiDi Global Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.5 Deutsche Bahn Connect GmbH (Deutsche Bahn AG)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.6 Uber Technologies, Inc.
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Acquisition and Mergers:
7.7 GT Gettaxi (UK) Limited
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.8 Ola Cabs (ANI Technologies Pvt. Ltd.)
7.8.1 Company Overview
7.9 SHARE NOW GmbH
7.9.1 Company Overview
7.10. Global Car Sharing and Rental Co., Ltd
7.10.1 Company Overview
TABLE 1 Asia Pacific Shared Mobility Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Shared Mobility Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Shared Mobility Market by Service Model, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Shared Mobility Market by Service Model, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Ride Hailing Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Ride Hailing Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Ride Sharing Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Ride Sharing Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Car Sharing Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Car Sharing Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Bike Sharing Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Bike Sharing Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Shared Mobility Market by Vehicle, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Shared Mobility Market by Vehicle, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Cars Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Cars Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Two-wheelers Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Two-wheelers Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Shared Mobility Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Shared Mobility Market by Country, 2022 - 2028, USD Million
TABLE 25 China Shared Mobility Market, 2018 - 2021, USD Million
TABLE 26 China Shared Mobility Market, 2022 - 2028, USD Million
TABLE 27 China Shared Mobility Market by Service Model, 2018 - 2021, USD Million
TABLE 28 China Shared Mobility Market by Service Model, 2022 - 2028, USD Million
TABLE 29 China Shared Mobility Market by Vehicle, 2018 - 2021, USD Million
TABLE 30 China Shared Mobility Market by Vehicle, 2022 - 2028, USD Million
TABLE 31 Japan Shared Mobility Market, 2018 - 2021, USD Million
TABLE 32 Japan Shared Mobility Market, 2022 - 2028, USD Million
TABLE 33 Japan Shared Mobility Market by Service Model, 2018 - 2021, USD Million
TABLE 34 Japan Shared Mobility Market by Service Model, 2022 - 2028, USD Million
TABLE 35 Japan Shared Mobility Market by Vehicle, 2018 - 2021, USD Million
TABLE 36 Japan Shared Mobility Market by Vehicle, 2022 - 2028, USD Million
TABLE 37 India Shared Mobility Market, 2018 - 2021, USD Million
TABLE 38 India Shared Mobility Market, 2022 - 2028, USD Million
TABLE 39 India Shared Mobility Market by Service Model, 2018 - 2021, USD Million
TABLE 40 India Shared Mobility Market by Service Model, 2022 - 2028, USD Million
TABLE 41 India Shared Mobility Market by Vehicle, 2018 - 2021, USD Million
TABLE 42 India Shared Mobility Market by Vehicle, 2022 - 2028, USD Million
TABLE 43 South Korea Shared Mobility Market, 2018 - 2021, USD Million
TABLE 44 South Korea Shared Mobility Market, 2022 - 2028, USD Million
TABLE 45 South Korea Shared Mobility Market by Service Model, 2018 - 2021, USD Million
TABLE 46 South Korea Shared Mobility Market by Service Model, 2022 - 2028, USD Million
TABLE 47 South Korea Shared Mobility Market by Vehicle, 2018 - 2021, USD Million
TABLE 48 South Korea Shared Mobility Market by Vehicle, 2022 - 2028, USD Million
TABLE 49 Singapore Shared Mobility Market, 2018 - 2021, USD Million
TABLE 50 Singapore Shared Mobility Market, 2022 - 2028, USD Million
TABLE 51 Singapore Shared Mobility Market by Service Model, 2018 - 2021, USD Million
TABLE 52 Singapore Shared Mobility Market by Service Model, 2022 - 2028, USD Million
TABLE 53 Singapore Shared Mobility Market by Vehicle, 2018 - 2021, USD Million
TABLE 54 Singapore Shared Mobility Market by Vehicle, 2022 - 2028, USD Million
TABLE 55 Malaysia Shared Mobility Market, 2018 - 2021, USD Million
TABLE 56 Malaysia Shared Mobility Market, 2022 - 2028, USD Million
TABLE 57 Malaysia Shared Mobility Market by Service Model, 2018 - 2021, USD Million
TABLE 58 Malaysia Shared Mobility Market by Service Model, 2022 - 2028, USD Million
TABLE 59 Malaysia Shared Mobility Market by Vehicle, 2018 - 2021, USD Million
TABLE 60 Malaysia Shared Mobility Market by Vehicle, 2022 - 2028, USD Million
TABLE 61 Rest of Asia Pacific Shared Mobility Market, 2018 - 2021, USD Million
TABLE 62 Rest of Asia Pacific Shared Mobility Market, 2022 - 2028, USD Million
TABLE 63 Rest of Asia Pacific Shared Mobility Market by Service Model, 2018 - 2021, USD Million
TABLE 64 Rest of Asia Pacific Shared Mobility Market by Service Model, 2022 - 2028, USD Million
TABLE 65 Rest of Asia Pacific Shared Mobility Market by Vehicle, 2018 - 2021, USD Million
TABLE 66 Rest of Asia Pacific Shared Mobility Market by Vehicle, 2022 - 2028, USD Million
TABLE 67 Key Information – Lyft, Inc.
TABLE 68 Key Information – Grab Holdings Inc
TABLE 69 Key information – Avis Budget Group, Inc.
TABLE 70 Key Information – DiDi Global Inc.
TABLE 71 Key Information – Deutsche Bahn Connect GmbH
TABLE 72 Key Information – Uber Technologies, Inc. (UberEats)
TABLE 73 Key Information – GT Gettaxi (UK) Limited
TABLE 74 Key information – Ola Cabs
TABLE 75 Key Information – SHARE NOW GmbH
TABLE 76 Key Information – Global Car Sharing and Rental Co., Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Lyft, Inc.
FIG 3 Recent strategies and developments: Avis Budget Group, Inc.
FIG 4 Recent strategies and developments: Uber Technologies, Inc.