Growing traditional and P2P car sharing services key to future of urban mobility in Europe – web conference

New research by Frost & Sullivan reveals that there were more than 0.7 million members in Europe alone who adopted car sharing as a sustainable transport solution for daily travelling at the end of 2011. Car OEMs as well as transport operators have started to get active in this market, increasing competition for already existing market players.
July 5, 2012 Read time: 2 mins
RSSNew research by Frost & Sullivan reveals that there were more than 0.7 million members in Europe alone who adopted car sharing as a sustainable transport solution for daily travelling at the end of 2011. Car OEMs as well as transport operators have started to get active in this market, increasing competition for already existing market players.

To understand, why not only Western Europe but also Central and Eastern Europe is keen to adopt car sharing, Frost & Sullivan will hold a complimentary web conference, entitled Growing Traditional and P2P Car sharing Services Key to Future of Urban Mobility in Europe, taking place on Wednesday, 25 July 2012, at 3:00 pm BST - email [email protected] for a registration link. Industry analyst Vishwas Shankar, will provide a strategic overview and analysis of the current and future of traditional as well as P2P car sharing services in Europe. He will present details on key markets, participants, market size, growth potential, drivers and restraints and inform about operator announcements regarding their upcoming car sharing programmes in the region.

“Traditional car sharing in Europe is expected to grow at a healthy 40 per cent CAGR from now to nearly 15 million members by 2020,” says Shankar. “While more than 200 traditional car sharing operators are key to the expansion of the market, focused entry and expansion by various transport operators and vehicle OEMs in specified European markets is important for an accelerated growth. Emerging new business models like one-way, flexible (station-less) as well as pay-per-use car sharing is expected to attract a value for many,” he concludes.

Related Content

  • ITS International launches MaaS Market Conference
    August 10, 2016
    ITS International is to host its first conference for national and city authorities interested in the benefits and implementation of Mobility as a Service (MaaS). There is no doubt that Mobility as a Service (MaaS) will be a major disrupter and the next mega-trend in urban and inter-urban transport. Why? Because it is more convenient and cheaper for the individual traveller.
    Read More
  • Fleet managers ‘likely to opt for brands that offer predictive technologies’
    December 18, 2013
    Fleet management systems (FMS) have an established presence in France, Germany, UK, Italy and Benelux, with 70 per cent of fleet managers claiming familiarity with FMS – 37 per cent are already using it and 33 per cent are testing it. In general, fleet owners display a positive attitude toward FMS, and 35 percent of respondents in a recent Frost & Sullivan survey consider it an absolute necessity. Large fleets are keener to adopt these solutions than small and medium fleets, clearly indicating a lack of awa
    Read More
  • Report on the impact of recession on infrastructure funding worldwide
    May 10, 2012
    A new report examines how aggressive government belt-tightening and financial market deleveraging restrained worldwide infrastructure investments for 2012 and probably for the next five years. In the US, for instance, Infrastructure2012: Spotlight on Leadership, released by the Urban Land Institute (ULI) and Ernst & Young, says that constrained public budgets and a growing recognition at the local level of the importance of infrastructure, combined with lack of action at the federal level, are causing state
    Read More
  • ITS industry in the US has grown to $48 billion and will expand
    April 17, 2012
    ITS America has released what it says is the most comprehensive study to date on the scope of the ITS industry in the United States and North America. Researchers found intelligent transportation to be a fast growing sector valued at approximately US$48 billion. Results indicate that cities and states with drastically reduced budgets are turning to technology solutions to maximize existing highway capacity.
    Read More

Highlighted Content