On-Demand Transportation

On-Demand Transportation Market Size To Touch US$ 340 Billion By 2030 On-Demand Transportation Market Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 – 2030

Share This Article

As per the experts, the on-demand transportation market is predicted to record a growth rate of 19.25% from 2021-2030 and is projected to reach US$ 340 billion by 2030 owing to the growing use of smartphones and increase in traffic congestion caused by the increased number of cars.

The study provides the overall revenue of the global on-demand transportation market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

On-Demand transportation allows passengers to plan their trip at a convenient time (during service operating hours) and be picked up at an agreed-upon location. On-demand transportation is becoming more popular around the world. E-hailing, automobile sharing, car renting, and station-based mobility are providing a productive environment for the transportation business to develop.

The global on-demand transportation market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the on-demand transportation industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

We customize your report according to your research need. REQUEST SAMPLE OR CUSTOMIZED COPY OF THIS REPORT (Including TOC, List of Tables & Figures, and Chart) @ https://www.precedenceresearch.com/customization/1342

Crucial factors accountable for market growth are:

  • Increased traffic congestion as a result of an increase in the number of automobiles
  • Increased tourist and working-class population, as well as a growing trend of road trips
  • The increasing popularity of smartphones
  • Rising gasoline prices, fewer parking spots, and exorbitant automotive prices

Report Highlights

  • Car rental was expected to be the largest segment in terms of market share among various on-demand transportation services in 2017. However, demand for other services such as e-hailing and car sharing is expected to rise significantly over the forecast period.
  • The four-wheeler segment provides advantages such as reduced noise pollution and a more comfortable driving experience, which is critical in developed countries. Rising consumer disposable income in countries such as India and China are also helping to drive growth. Thus, the four-wheeler segment has the major share in the on-demand transportation market.

Report Scope of the On-Demand Transportation Market

Report Coverage Details
Market Size in 2020 USD 120.85 Billion
Growth Rate from 2021 to 2030 CAGR of 19.25%
Fastest Growing Market North America
Largest Market Asia Pacific
Segmentation Service Type, Vehicle Type, Region
Companies Covered General Motor Company, BMW Group, Daimler Group, Robert Bosch GmbH., Ford Motor Company, Gett, Inc., NI Technologies Pvt. Ltd. (OLA), Lyft Inc.

Regional Snapshots

Asia Pacific is estimated to have the greatest share of the On-Demand Transportation market during the forecast period. The Asia-Pacific area serves as a reporting platform for transportation infrastructure and service provision; regional, urban, and rural connectivity challenges; and public health problems such as road safety and pollutant emissions.In 2021, revenue in the Car Rentals industry in the United States is expected to reach USD 22,424 million. By 2025, the number of users in the Car Rentals market is estimated to reach 49.7 million. In 2021, user penetration is 10.8 percent, with a projected increase to 14.6 percent by 2025. In terms of worldwide revenue, the United States will generate the most. Such high car rental revenue in U.S. will create a positive impact on the overall on-demand transportation market.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global on-demand transportation market are as follows:

  • International Business Machines Corporation (IBM)
  • BMW Group
  • Daimler Group
  • Ford Motor Company
  • General Motor Company
  • Gett, Inc.
  • Robert Bosch GmbH.
  • NI Technologies Pvt. Ltd. (OLA)
  • Lyft Inc.
  • Grab
  • Careem
  • Uber Technologies Inc.
  • Taxify OÜ
  • BlaBlaCar
  • Wingz Inc.
  • Curb Mobility

Segments Covered in the Report

By Service Type

  • E-Hailing
  • Car Sharing
  • Car Rental
  • Station-Based Mobility

By Vehicle Type

  • Four-Wheeler
  • Micro Mobility

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the on-demand transportation market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Why should you invest in this report?

If you are aiming to enter the global on-demand transportation market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for on-demand transportation are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on On-Demand Transportation Market 

5.1. COVID-19 Landscape: On-Demand Transportation Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global On-Demand Transportation Market, By Service

8.1. On-Demand Transportation Market, by Service Type, 2021-2030

8.1.1. E-Hailing

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Car Sharing

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Car Rental

8.1.3.1. Market Revenue and Forecast (2019-2030)

8.1.4. Station-Based Mobility

8.1.4.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global On-Demand Transportation Market, By Vehicle

9.1. On-Demand Transportation Market, by Vehicle, 2021-2030

9.1.1. Four-Wheeler

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Micro Mobility

9.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global On-Demand Transportation Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Service (2019-2030)

10.1.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Service (2019-2030)

10.1.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Service (2019-2030)

10.1.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Service (2019-2030)

10.2.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Service (2019-2030)

10.2.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Service (2019-2030)

10.2.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Service (2019-2030)

10.2.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Service (2019-2030)

10.2.6.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Service (2019-2030)

10.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Service (2019-2030)

10.3.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Service (2019-2030)

10.3.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Service (2019-2030)

10.3.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Service (2019-2030)

10.3.6.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Service (2019-2030)

10.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Service (2019-2030)

10.4.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Service (2019-2030)

10.4.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Service (2019-2030)

10.4.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Service (2019-2030)

10.4.6.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Service (2019-2030)

10.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Service (2019-2030)

10.5.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Service (2019-2030)

10.5.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)

Chapter 11. Company Profiles

11.1. International Business Machines Corporation (IBM)

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. BMW Group

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Daimler Group

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Ford Motor Company

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. General Motor Company

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Gett, Inc.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Robert Bosch GmbH.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. NI Technologies Pvt. Ltd. (OLA)

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Lyft Inc.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Grab

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

Purchase This Premium Research Report @ https://www.precedenceresearch.com/checkout/1342

About Us

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defence, among different ventures, present globally.

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Blog: https://precedenceresearchnews.wordpress.com

Follow us on LinkedIn | Twitter | Facebook

Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

View all posts by Precedence Research →