Corporate Car Sharing Market Statistics - Global Growth Trends 2026
1. COVID-19 IMPACT
In the past few years, corporate car sharing has gained popularity due to several positive factors such as reduced travel costs, traffic congestion and emissions, and expansion of the industrial sector. However, the outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
As well, after the COVID-19 pandemic, social distancing, staying at home, and lockdown of workplaces and offices is further expected to affect the corporate car sharing industry. As most of the peoples are advised to stay at home to prevent the spread of the COVID-19, therefore, impact the use of cabs and taxis across the globe further affected the ride sharing industry. Various ride sharing providers and drivers are facing a loss of income as a result of reducing demand for ride shares during the COVID-19 quarantine period.
Furthermore, by 2021, it will gain its market because of new strategies like providing partitions to keep the distance between driver and passenger, equipping the vehicle with sanitizers, and installing devices to measure the body temperature of passengers to eliminate the threat of such infections in future. Though, at the same time, it is expected that fares would increase due to the added precautionary measures.
2. EUROPE MARKET STATUS AND FUTURE FORECAST
The corporate car sharing landscape in Europe is evolving rapidly. As new players are entering the field and the existing organizations are challenged by new technological developments, hence the car sharing market in Europe is changing face. Based on country/region European corporate car sharing market segmented into Germany, France, UK, Russia, Benelux, Italy, and others
3. U.K. MARKET STATUS AND FUTURE FORECAST
The U.K. car sharing market is going through a phase of evolution with increasing popularity and innovations diversifying the marketplace. The U.K. car sharing market is showing an outpacing growth as compared to its European counterparts. Europe corporate car sharing market is expected to grow significantly over the forecast timespan due to rising taxi fares and the high costs involved in vehicle ownership.
Top players Covered in Corporate Car-sharing Market Report are:
· ALD Automotive
· Cambio CarSharing
· Mobility Carsharing
Based on type, report split into:
for each application, including: