Product Code: 4847
Title:
Automotive Subscription Services Market Size By Subscription Provider (OEM, Third-party Service Provider), By Vehicle Type (Luxury Car, Executive Car, Economy Car), By Subscription Period (0 - 6 Months, 6 - 12 Months, More Than 12 Months), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026.
A rapidly expanding vertical within the sustainable and smart technologies space, global automotive subscription services market size is projected to witness notable growth by 2026, with convenience and cost-effectiveness associated with these services. Car subscription services have gained popularity in recent years and today a large number of automakers and third-party companies are offering these services.
Users typically pay a monthly fee for a vehicle which covers insurance, routine repair and maintenance, as well as roadside assistance. Customers have the flexibility to swap for a newer version of the same model or a different model and to cancel the subscription as per their preference. Cars are generally delivered to customers and can be kept for a limited period of time depending on the service.
Automotive subscription services have particularly garnered the attention of millennials and other users who need a vehicle but aren't interested in buying one, who wish to drive different car models, or are on temporary work relocations. In some cases, these can even be less expensive than conventional leasing services.
Based on the type of vehicle, automotive subscription services industry is segmented into luxury cars, economy cars, executive cars, and others. The others segment is projected to witness a robust CAGR of more than 40% through 2026, on account of the increasing proliferation of electric vehicles.
The electric mobility trend is continuing to gain momentum and a majority of consumers are looking to switch to electric cars. However, there are still plenty of customers who are reluctant to purchase an electric vehicle due to high costs or concerns regarding the technological change and access to charging facilities, among others. EV subscription services may help eliminate these concerns by providing customers with the access to latest EV technologies as they hit the market, serving as a much more convenient option.
Numerous companies have launched EV subscription services that deliver cars to customers' homes and help with the installation of at-home charging facilities. These services also provide subscribers with the flexibility to swap, upgrade, or cancel the service any time. Citing an instance, in September 2020, AGL in partnership with JET Charge and Carbar, had launched Australia's very first EV subscription service to provide customers with a whole new driving experience.
Considering the regional landscape, Latin America accounted for more than 10% revenue share of automotive subscription services market in 2019 and is likely to witness robust expansion throughout the next few years.
The automotive subscription services industry in Middle East and Africa is projected to record a healthy 50% CAGR through 2026. The regional trends can be largely associated with a growing tourism sector. Although the COVID-19 pandemic had severely affected travel and tourism sector worldwide, ease of restriction in the near future may provide lucrative opportunities to regional players.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Methodology
- 1.1.1 Initial data exploration
- 1.1.2 Statistical model and forecast
- 1.1.3 Industry insights and validation
- 1.1.4 Scope
- 1.1.5 Definitions
- 1.1.6 Methodology & forecast parameters
- 1.2 Data Sources
- 1.2.1 Secondary
- 1.2.1.1 Paid sources
- 1.2.1.2 Public sources
- 1.2.2 Primary
Chapter 2 Executive Summary
- 2.1 Automotive subscription services industry 360 degree synopsis, 2015 - 2026
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Service provider trends
- 2.1.4 Vehicle type trends
- 2.1.5 Subscription period trends
Chapter 3 Automotive Subscription Services Industry Insights
- 3.1 Introduction
- 3.2 Industry segmentation
- 3.3 Impact of COVID-19 outbreak
- 3.3.1 Impact by region
- 3.3.1.1 North America
- 3.3.1.2 Europe
- 3.3.1.3 Asia Pacific
- 3.3.1.4 Latin America
- 3.3.1.5 Middle East & Africa
- 3.3.2 Impact by value chain
- 3.3.3 Impact by competitive landscape
- 3.4 Technological evolution
- 3.5 Industry ecosystem analysis
- 3.6 Technology & innovation landscape
- 3.6.1 Mobility as a Service
- 3.6.2 Usage-based Insurance
- 3.7 Regulatory landscape
- 3.7.1 Vehicle Excise and Registration Act 1994 (Section 29)
- 3.7.2 Environmental Protection Agency
- 3.7.3 Regulation for Greenhouse Gas Emission from Passenger cars and Trucks
- 3.7.4 Road Traffic Act 1988
- 3.7.5 Canada Motor Vehicle Safety Act
- 3.7.6 Vehicular Safety Standards & Regulations in India
- 3.7.7 Anti-air-pollution law
- 3.8 Industry impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Growing demand for car leasing services
- 3.8.1.2 Cost-effectiveness associated automotive subscription services
- 3.8.1.3 Rising penetration of third party automotive subscription service providers
- 3.8.1.4 Stringent government regulations regarding emission control
- 3.8.1.5 Lack of proper public transportation infrastructure in developing countries
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 Inadequate transportation infrastructure
- 3.8.2.2 High monthly charges for short-term subscription
- 3.9 Porter's analysis
- 3.10 PESTEL analysis
- 3.11 Growth potential analysis
Chapter 4 Competitive Landscape,
- 4.1 Introduction
- 4.2 Company market share, 2019
- 4.3 Competive analysis of OEMs, 2019
- 4.3.1 Toyota
- 4.3.2 AB Volvo
- 4.3.3 Daimler AG
- 4.3.4 BMW AG
- 4.3.5 Volkswagen AG
- 4.4 Competive analysis of third party service providers, 2019
- 4.4.1 LeasePlan Corporation
- 4.4.2 Lyft
- 4.4.3 ZoomCar
- 4.4.4 Drover Limited
- 4.4.5 Fair Financial Corp
Chapter 5 Automotive Subscription Services Market, By Service Provider
- 5.1 Key trends, by service providers
- 5.2 OEM
- 5.2.1 Market estimates and forecast, 2015 - 2026
- 5.3 Third-part service provider
- 5.3.1 Market estimates and forecast, 2015 - 2026
Chapter 6 Automotive Subscription Services Market, By Vehicle type
- 6.1 Key trends, by vehicle type
- 6.2 Luxury car
- 6.2.1 Market estimates and forecast, 2015 - 2026
- 6.3 Executive car
- 6.3.1 Market estimates and forecast, 2015 - 2026
- 6.4 Economy car
- 6.4.1 Market estimates and forecast, 2015 - 2026
- 6.5 Others
- 6.5.1 Market estimates and forecast, 2015 - 2026
Chapter 7 Automotive Subscription Services Market, By Subscription Period
- 7.1 Key trends, by subscription period
- 7.2 0-6 months
- 7.2.1 Market estimates and forecast, 2015 - 2026
- 7.3 6-12 months
- 7.3.1 Market estimates and forecast, 2015 - 2026
- 7.4 More than 12 months
- 7.4.1 Market estimates and forecast, 2015 - 2026
Chapter 8 Automotive subscription services Market, By Region
- 8.1 Key trends, by region
- 8.2 North America
- 8.2.1 Market estimates and forecast, 2015 - 2026
- 8.2.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.2.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.2.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.2.5 U.S.
- 8.2.5.1 Market estimates and forecast, 2015 - 2026
- 8.2.5.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.2.5.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.2.5.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.2.6 Canada
- 8.2.6.1 Market estimates and forecast, 2015 - 2026
- 8.2.6.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.2.6.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.2.6.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.3 Europe
- 8.3.1 Market estimates and forecast, 2015 - 2026
- 8.3.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.3.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.3.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.3.5 UK
- 8.3.5.1 Market estimates and forecast, 2015 - 2026
- 8.3.5.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.3.5.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.3.5.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.3.6 Germany
- 8.3.6.1 Market estimates and forecast, 2015 - 2026
- 8.3.6.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.3.6.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.3.6.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.3.7 France
- 8.3.7.1 Market estimates and forecast, 2015 - 2026
- 8.3.7.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.3.7.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.3.7.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.3.8 Italy
- 8.3.8.1 Market estimates and forecast, 2015 - 2026
- 8.3.8.2 Market estimates and forecast, 2015 - 2026
- 8.3.8.3 Market estimates and forecast, by service provider, 2015 - 2026
- 8.3.8.4 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.3.8.5 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.3.9 Spain
- 8.3.9.1 Market estimates and forecast, 2015 - 2026
- 8.3.9.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.3.9.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.3.9.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.3.10 Russia
- 8.3.10.1 Market estimates and forecast, 2015 - 2026
- 8.3.10.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.3.10.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.3.10.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.4 Asia Pacific
- 8.4.1 Market estimates and forecast, 2015 - 2026
- 8.4.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.4.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.4.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.4.5 China
- 8.4.5.1 Market estimates and forecast, 2015 - 2026
- 8.4.5.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.4.5.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.4.5.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.4.6 Japan
- 8.4.6.1 Market estimates and forecast, 2015 - 2026
- 8.4.6.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.4.6.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.4.6.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.4.7 India
- 8.4.7.1 Market estimates and forecast, 2015 - 2026
- 8.4.7.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.4.7.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.4.7.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.4.8 South Korea
- 8.4.8.1 Market estimates and forecast, 2015 - 2026
- 8.4.8.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.4.8.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.4.8.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.4.9 Australia & New Zealand
- 8.4.9.1 Market estimates and forecast, 2015 - 2026
- 8.4.9.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.4.9.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.4.9.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.4.10 Southeast Asia
- 8.4.10.1 Market estimates and forecast, 2015 - 2026
- 8.4.10.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.4.10.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.4.10.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.5 Latin America
- 8.5.1 Market estimates and forecast, 2015 - 2026
- 8.5.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.5.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.5.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.5.5 Brazil
- 8.5.5.1 Market estimates and forecast, 2015 - 2026
- 8.5.5.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.5.5.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.5.5.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.5.6 Mexico
- 8.5.6.1 Market estimates and forecast, 2015 - 2026
- 8.5.6.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.5.6.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.5.6.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.5.7 Argentina
- 8.5.7.1 Market estimates and forecast, 2015 - 2026
- 8.5.7.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.5.7.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.5.7.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.6 MEA
- 8.6.1 Market estimates and forecast, 2015 - 2026
- 8.6.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.6.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.6.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.6.5 South Africa
- 8.6.5.1 Market estimates and forecast, 2015 - 2026
- 8.6.5.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.6.5.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.6.5.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.6.6 Saudi Arabia
- 8.6.6.1 Market estimates and forecast, 2015 - 2026
- 8.6.6.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.6.6.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.6.6.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.6.7 UAE
- 8.6.7.1 Market estimates and forecast, 2015 - 2026
- 8.6.7.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.6.7.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.6.7.4 Market estimates and forecast, by subscription period, 2015 - 2026
- 8.6.8 Israel
- 8.6.8.1 Market estimates and forecast, 2015 - 2026
- 8.6.8.2 Market estimates and forecast, by service provider, 2015 - 2026
- 8.6.8.3 Market estimates and forecast, by vehicle type, 2015 - 2026
- 8.6.8.4 Market estimates and forecast, by subscription period, 2015 - 2026
Chapter 9 Company Profiles
- 9.1 AB Volvo
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 Strategic Outlook
- 9.1.5 SWOT Analysis
- 9.2 BMW AG
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.3 Product Landscape
- 9.2.4 Strategic Outlook
- 9.2.5 SWOT Analysis
- 9.3 Daimler AG
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 Strategic Outlook
- 9.3.5 SWOT Analysis
- 9.4 Drover Limited
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.4 Strategic Outlook
- 9.4.5 SWOT Analysis
- 9.5 Exelorate Enterprises, LLC
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 Strategic Outlook
- 9.5.5 SWOT Analysis
- 9.6 Fair Financial Corp.
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 Strategic Outlook
- 9.6.5 SWOT Analysis
- 9.7 General Motors Co.
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 Strategic Outlook
- 9.7.5 SWOT Analysis
- 9.8 Hyundai Motor Co.,
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 Strategic Outlook
- 9.8.5 SWOT Analysis
- 9.9 INNOVATE AUTOMOTIVE PTY LTD
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 Strategic Outlook
- 9.9.5 SWOT Analysis
- 9.10 LeasePlan Corporation
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 Strategic Outlook
- 9.10.5 SWOT Analysis
- 9.11 Lyft, Inc.
- 9.11.1 Business Overview
- 9.11.2 Financial Data
- 9.11.3 Product Landscape
- 9.11.4 Strategic Outlook
- 9.11.5 SWOT Analysis
- 9.12 Onto Ltd
- 9.12.1 Business Overview
- 9.12.2 Financial Data
- 9.12.3 Product Landscape
- 9.12.4 Strategic Outlook
- 9.12.5 SWOT Analysis
- 9.13 PRIMEMOVER MOBILITY TECHNOLOGIES PRIVATE LIMITED (Revv),
- 9.13.1 Business Overview
- 9.13.2 Financial Data
- 9.13.3 Product Landscape
- 9.13.4 Strategic Outlook
- 9.13.5 SWOT Analysis
- 9.14 Tata Motors Limited
- 9.14.1 Business Overview
- 9.14.2 Financial Data
- 9.14.3 Product Landscape
- 9.14.4 Strategic Outlook
- 9.14.5 SWOT Analysis
- 9.15 Toyota Motor Corporation
- 9.15.1 Business Overview
- 9.15.2 Financial Data
- 9.15.3 Product Landscape
- 9.15.4 Strategic Outlook
- 9.15.5 SWOT Analysis
- 9.16 Volkswagen AG
- 9.16.1 Business Overview
- 9.16.2 Financial Data
- 9.16.3 Product Landscape
- 9.16.4 Strategic Outlook
- 9.16.5 SWOT Analysis
- 9.17 WAGONEX LIMITED,
- 9.17.1 Business Overview
- 9.17.2 Financial Data
- 9.17.3 Product Landscape
- 9.17.4 Strategic Outlook
- 9.17.5 SWOT Analysis
- 9.18 ZoomCar
- 9.18.1 Business Overview
- 9.18.2 Financial Data
- 9.18.3 Product Landscape
- 9.18.4 Strategic Outlook
- 9.18.5 SWOT Analysis
比較リスト
