[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global vehicle subscription market was valued at around USD 5.01 billion in 2021 and is expected to register revenues worth USD 31.73 billion by the end of 2030, growing at an exceptional CAGR of approximately 22.8% between 2022 and 2030.
Download Free Sample Copy with TOC@ https://www.precedenceresearch.com/sample/1328
Crucial factors accountable for vehicle subscription market growth are:
- Easy user access and cost-effectiveness foster the market demand of vehicle subscription market.
- Increase in customer disposable income.
- Rapid urbanization and industrialization in developing countries.
- The benefits of subscribing vehicles compared with leasing the vehicles.
Vehicle Subscription Market Report Scope
| Report Highlights | Details |
| Market Size | USD 31.73 Billion by 2030 |
| Growth Rate | CAGR of 22.8% From 2021 to 2030 |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Vehicle, Subscription Period, Service Providers, End Use, Region |
Vehicle Subscription Market Report Highlights
- The IC powered vehicle segment is expected to lead the market contributing more than 71% of the revenue share in the upcoming years.
- The corporate end use segment of the Vehicle Subscription Market is estimated to lead the market with a market share of more than 60% in 2020.
- By Geography, Asia Pacificis expected to grow significantly with a CAGR of 28% during the forecast period because of the surge in urbanization, industrialization and massive population present in this region.
Competition Landscape
The report has engulfed a chapter on the global electric vehicle market’s competitive landscape, which provides detailed analysis and insights on companies offering electric vehicle. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.
This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.
Read Also@ Ride Sharing Market size is expected to surpass around US$ 343.35 billion by 2030
some of the prominent players in the vehicle subscription market include:
Fair Financial Corp., Clutch Technologies, LLC, CarNext, FlexDrive, Cluno GmbH, DriveMyCar Rentals Pty Ltd, BMW AG, Daimler AG, General Motors, Hyundai Motor India, Tata Motors, Tesla, Volkswagen, Volvo Car Corporation, ZoomCar, Cox Automotive, Wagonex Limited, LeasePlan, Drover Limited, and Lyft Inc.
Vehicle Subscription Market Segments
By Vehicle Type
- IC Powered Vehicle
- Electric Vehicle
By Subscription Period
- 1 to 6 Months
- 6 to 12 Months
- More than 12 Months
By Service providers
- OEMs & Captives
- Independent/Third Party Service Provider
By End Use
- Private
- Corporate
Regional Segmentation
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
Regional Analysis
The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region.
This section analyses region-wise revenue and volume for the forecast period of 2019 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
The report provides in-depth segment analysis of the global vehicle subscription market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the vehicle subscription market.
The report includes country-wise and region-wise market size for the period 2019-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2019-2030.
Why should you invest in this report?
If you are aiming to enter the global vehicle subscription market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for vehicle subscription 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 Contents
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. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Vehicle Subscription Market, By Vehicle
7.1. Vehicle Subscription Market, by Vehicle Type, 2021-2030
7.1.1. IC Powered Vehicle
7.1.1.1. Market Revenue and Forecast (2019-2030)
7.1.2. Electric Vehicle
7.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 8. Global Vehicle Subscription Market, By Subscription Period
8.1. Vehicle Subscription Market, by Subscription Period, 2021-2030
8.1.1. 1 to 6 Months
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. 6 to 12 Months
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. More than 12 Months
8.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Vehicle Subscription Market, By Service Providers
9.1. Vehicle Subscription Market, by Service Providers, 2021-2030
9.1.1. OEMs & Captives
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Independent/Third Party Service Provider
9.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Vehicle Subscription Market, By End Use
10.1. Vehicle Subscription Market, by End Use, 2021-2030
10.1.1. Private
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Corporate
10.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Vehicle Subscription Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.1.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.1.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.1.4. Market Revenue and Forecast, by End Use (2019-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.1.5.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.1.5.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.1.5.4. Market Revenue and Forecast, by End Use (2019-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.1.6.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.1.6.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.1.6.4. Market Revenue and Forecast, by End Use (2019-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.2.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.2.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.2.4. Market Revenue and Forecast, by End Use (2019-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.2.5.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.2.5.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.2.5.4. Market Revenue and Forecast, by End Use (2019-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.2.6.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.2.6.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.2.6.4. Market Revenue and Forecast, by End Use (2019-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.2.7.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.2.7.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.2.7.4. Market Revenue and Forecast, by End Use (2019-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.2.8.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.2.8.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.2.8.4. Market Revenue and Forecast, by End Use (2019-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.3.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.3.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.3.4. Market Revenue and Forecast, by End Use (2019-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.3.5.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.3.5.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.3.5.4. Market Revenue and Forecast, by End Use (2019-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.3.6.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.3.6.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.3.6.4. Market Revenue and Forecast, by End Use (2019-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.3.7.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.3.7.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.3.7.4. Market Revenue and Forecast, by End Use (2019-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.3.8.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.3.8.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.3.8.4. Market Revenue and Forecast, by End Use (2019-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.4.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.4.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.4.4. Market Revenue and Forecast, by End Use (2019-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.4.5.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.4.5.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.4.5.4. Market Revenue and Forecast, by End Use (2019-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.4.6.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.4.6.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.4.6.4. Market Revenue and Forecast, by End Use (2019-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.4.7.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.4.7.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.4.7.4. Market Revenue and Forecast, by End Use (2019-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.4.8.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.4.8.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.4.8.4. Market Revenue and Forecast, by End Use (2019-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.5.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.5.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.5.4. Market Revenue and Forecast, by End Use (2019-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.5.5.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.5.5.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.5.5.4. Market Revenue and Forecast, by End Use (2019-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)
11.5.6.2. Market Revenue and Forecast, by Subscription Period (2019-2030)
11.5.6.3. Market Revenue and Forecast, by Service Providers (2019-2030)
11.5.6.4. Market Revenue and Forecast, by End Use (2019-2030)
Chapter 12. Company Profiles
12.1. Fair Financial Corp.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Clutch Technologies, LLC
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. CarNext
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. FlexDrive
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Cluno GmbH
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. DriveMyCar Rentals Pty Ltd
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. BMW AG
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Daimler AG
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. General Motors
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Hyundai Motor India
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. Tata Motors
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Buy This Premium Research Report Click Here@ https://www.precedenceresearch.com/checkout/1328
About Us
Precedence Research is a Canada/India based company and one of the leading providers of strategic market insights. We offer executive-level blueprints of markets and solutions beyond flagship surveys. Our repository covers consultation, syndicated market studies, and customized research reports. Through our services we aim at connecting an organization’s goal with lucrative prospects globally.
From gauging investment feasibility to uncovering hidden growth opportunities, our market studies cover in-depth analysis, which also is interspersed with relevant statistics. Recommendation are often enclosed within our reports with the sole intent of enabling organizations achieve mission-critical success.
Contact Us:
Precedence Research
Apt 1408 1785 Riverside Drive Ottawa, ON, K1G 3T7, Canada
Call: +1 9197 992 333
Email: sales@precedenceresearch.com
Website: https://www.precedenceresearch.com