Europe Car Sharing Market 2023-2030
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Europe Car Sharing Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

EUROPE CAR SHARING MARKET

 

KEY FINDINGS

1.The european car sharing industry has created enormous revenue and sharing services prices have reduced to four times as compared to taxi services.The car shared services are also concerned about the maintenance,repair and insurance charges.

 

2.The various corporate organizations in europe region are offering various mobility solutions to their employees to prevent the extra expenditure on vehicle insurance,maintenance,fuel.

 

3.The europe car sharing market is expanding at a substantial growth due to increasing concerns pertaining to pollution and protection of environment.And it leads the government to execute stringent policies and regulations on the use of vehicles.

 

4.Recent pandemic outbreak has disrupted the carsharing market growth due to lockdowns and travel restrictions.But car sharing market has been recovering in post severe outbreak in countries such as Italy,France,United Kingdom and Spain.

 

INTRODUCTION

The european vehicle sharing market was rapidly growing due to the business and educational tourism.The eastern & southern european countries were significantly investing money on transport and business infrastructure developments.

 

Many competitive market players were making strategic tie up relationships with airports for the rapid development of carsharing services.In Jan 2020,Ryanir partnered with rentalcars.comand integrated the car rental services across the airport premises to improve the car rental bookings.

 

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Nearly 30% of Europeans are avoiding public transportation due to the pandemic outbreak.And the lockdown has created a new enthusiasm for road trips and travels etc.The carsharing market is growing healthy at both organized and unorganized car rental networks.

 

France is the largest market for car sharing businesses. And with an increased demand for leisure and tourism purposes .The tourism rate is growing more than 5% per annum in the country and expected to drive the rental market growth in France during the forecast period.As a result, In 2020, Ubeeqo decided its paris fleet to 1000 cars.

 

The companies such as Hertzand Europcar have launched several programmes to boost up the car rental market in the country and In September 2019, Hertz launched the “Voyage la Francaise” for providing the self driving regional sensorial tours for tourists.

 

POPULAR CAR RENTAL SERVICES IN EUROPE

 

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CompanyServicesCountry
SIXTOffering various ranges of premium vehicles at affordable prices.

 

The fleet models of services include BMW,Mercedes Benz,Audi,Volkswagen,Opel,Mini,Ford,Toyota.

All locations across the europe
EnterpriseOne way rental,Long term rental,Limited term rental service for all vehicles.

 

The fleet models of services include Mini,Economy,Compact,SUV,Premium,Convertible and cargo vans for businesses.

All locations across the europe
AlamoThe fleet models of services include Ford,Toyota,Audi,Volkswagen,Mercedes Benz.All locations across the Europe
EuropCarThe fleet models of the services include all the types of luxurious vehicles.

 

Offering the travel services starts from less than 10€.

All locations across the Europe
HertzOffering the all luxurious fleet models plus a reward programme for those who don’t rent a car too often to still get benefits.All locations across the Europe
AvisOffering all types of fleets models & a rewarding points programme to claim free rentals.All locations across the europe
ThriftyOffering week long rentals services with all types of fleets models and rewards programmes for discounts on long term travellings.All locations across the europe
Global/BuchbinderIt cooperates with the local best operators to provide customised regional offers.All locations across the europe
DollarOne of the best aspects of this company is its rewards programme, which is free to join plus claim a free rent on points.All locations across the europe

 

 

MAJOR GROWTH DRIVERS OF EUROPE CAR SHARING MARKET

 

1.Rapid development of Tourism (Results in increasing in the number of tourists visiting region per month)

2.Transport and Business Infrastructure Developments

3.The rising commercial activities in Europe region,Which leads to growing in the business opportunities

4.Developments of logistic sectors

 

COMPETITIVE LANDSCAPE

Zip car, a car sharing company, had announced the additional support of 325 e golf carts in partnership with volkswagen to address the demand for rental sharing electric cars.The electrical sharing cars has received attention from customers due to pollution eradication.

 

CarUnity, Tamyca, Drivenow, Autolib and Ubeeqo are key players of the car sharing market in europe.Volkswagen planning to make a business deal with Paris based company europcar mobility group for the acquisition of rental car business in europe region.

 

In Jan2020, Weshare had announced the expansion plans for offering a fleet model operations of 8,400 electric vehicles across the Prague,Hamburg,Madrid,Paris,Munich and Budapest.Weshare was partnering with volkswagen to provide fleet services in Prague and Budapest.Volkswagen is preparing to provide eGolf 1 and other vehicle services in Germany,Spain,Italy and France.

 

The europcar mobility group subsidiary Ubeeqo has recorded a 70% growth in users compared to the monthly average and 60% increase in reservations.The roundtrip business model has helped the Ubeeqo businesses growth by 53%.

 

In Jan 2021, Europcar made a partnership to charge its electrical vehicles with europe smart charging provider.And Yandex, a russian car rental company has launched its fleet operation services in Europe region.

 

TOP RENTAL CAR PARTNERS IN EUROPE

  • Budget
  • National
  • Fox
  • Keddy
  • Citer
  • Peugeot
  • Payless
  • Ace
  • Localiza
  • Firefly
  • Ounidas
  • Jumbo car
  • Flexi
  • Procar

 

EUROPE CAR SHARING MARKET SEGMENTATION

 

Market By Model

1.P2P

2.Station Based

3.Free Floating

 

Market by Business Model

1.Round Trip

2.One way

 

Market by Applications

1.Business

2.Private

 

Market by Region and Countries

  • Uk
  • Spain
  • Italy
  • France
  • Germany
  • Turkey
  • Russia

 

 

KEY PLAYERS IN CAR SHARING MARKET IN EUROPE

 

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix