PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1359076
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1359076
North America E-Mobility Rental Market, By Vehicle Type ; By Category ; By Booking Type ; By Commuting Pattern ; By End Use ; By Country, Competitive Landscape & Forecast, 2019-2029
North America E-Mobility Rental Market Size Set to Expand at Robust CAGR of 14.44% to Reach USD 4.8 Billion by 2029.
North America e-mobility rental market is flourishing due to increasing environmental awareness, government incentives promoting electric vehicles (EVs), expanding charging infrastructure, advancements in battery technology, and growing consumer demand for sustainable and convenient transportation options.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated North America e-mobility rental market size at USD 1.64 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the North America e-mobility rental market size to grow at a robust CAGR of 14.44% reaching a value of USD 4.83 billion by 2029. Rising environmental awareness and concern have increased demand for electric vehicles (EVs) as a cleaner transportation option. Government programs that encourage EV use, like tax breaks and subsidies, have pushed the market even further. Charging infrastructure advancements have also played an important role in increasing the use of e-mobility services. The ease and cost-effectiveness of renting e-vehicles for short-distance travel have piqued customer interest, adding to the region's market boom.
North America E-Mobility Rental Market - Overview:
E-mobility rental refers to the emerging trend of offering electric vehicles (EVs) and electric micro-mobility solutions for short-term rental purposes. This innovative concept aims to promote sustainable transportation options and reduce carbon emissions. Users can access a fleet of electric scooters, bicycles, or cars through smartphone apps or rental stations. E-mobility rental services are gaining popularity in urban areas, offering convenient, eco-friendly, and cost-effective transportation choices for commuters and tourists alike. These services play a crucial role in promoting greener transportation solutions and contributing to the ongoing transition toward a cleaner and more sustainable future.
Impact of COVID-19 on North America E-Mobility Rental Market:
The COVID-19 pandemic significantly impacted North America e-mobility rental market. The initial surge in demand for eco-friendly transportation solutions took a hit as lockdowns and travel restrictions dampened consumer mobility. However, as restrictions eased, the market witnessed a shift toward contactless services, promoting the adoption of e-scooters and e-bikes for short-distance commuting. Growing environmental concerns and government incentives for green initiatives have also accelerated the recovery of the e-mobility rental sector. With safety and sustainability taking center stage, stakeholders are adapting strategies to cater to the evolving needs of health-conscious and environmentally aware consumers.
North America E-Mobility Rental Market - By Commuting Pattern:
By commuting pattern, North America e-mobility rental market is divided into Daily Commuting, Last-mile Connectivity, and Occasional Commuting segments. The daily commuting segment is the largest contributor to the growth of North America e-mobility rental market. The segment caters to individuals who regularly commute to work or other daily activities using e-mobility rental services. With a focus on providing convenient and eco-friendly transportation options for everyday travel needs, the daily commuting segment has gained significant popularity and represents a substantial portion of the overall e-mobility rental market in North America.
Competitive Landscape:
North America e-mobility rental market is fiercely competitive. Major companies in the market include Neutron Holdings, Bird Rides, Uber Technologies, Grab Holdings, Donkey Republic Aps, TIER Mobility, and Lyft. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in North America e-mobility rental market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of North America E-Mobility Rental Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in North America E-Mobility Rental Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. North America E-Mobility Rental Market Insights
- 3.1. Industry Value Chain Analysis
- 3.1.1. DROC Analysis
- 3.1.2. Growth Drivers
- 3.1.2.1. Increasing awareness of sustainable transportation
- 3.1.2.2. Availability of charging infrastructure
- 3.1.3. Restraints
- 3.1.3.1. High initial investment and operating costs
- 3.1.4. Opportunities
- 3.1.4.1. Advancement in Technology
- 3.1.5. Challenges
- 3.1.5.1. Uncertain regulatory environment
- 3.2. Technological Advancements/Recent Developments
- 3.3. Regulatory Framework
- 3.4. Porter's Five Forces Analysis
- 3.4.1. Bargaining Power of Suppliers
- 3.4.2. Bargaining Power of Buyers
- 3.4.3. Threat of New Entrants
- 3.4.4. Threat of Substitutes
- 3.4.5. Intensity of Rivalry
4. North America E-Mobility Rental Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Vehicle Type
- 4.2.1.1. Battery
- 4.2.1.2. Hybrid
- 4.2.1.3. Plug-in Electric Vehicle
- 4.2.2. By Category
- 4.2.2.1. Luxury
- 4.2.2.2. Economic Cars
- 4.2.3. By Booking Type
- 4.2.3.1. Offline Access
- 4.2.3.2. Online Access
- 4.2.4. By Commuting Pattern
- 4.2.4.1. Daily Commuting
- 4.2.4.2. Last-mile Connectivity
- 4.2.4.3. Occasional Commuting
- 4.2.5. By End Use
- 4.2.5.1. Personal
- 4.2.5.2. Business
- 4.2.6. By Country
- 4.2.6.1. United States
- 4.2.6.2. Canada
- 4.2.1. By Vehicle Type
5. United States Electric Commercial Vehicle Market
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Vehicle Type
- 5.2.2. By Category
- 5.2.3. By Booking Type
- 5.2.4. By Commuting Pattern
- 5.2.5. By End Use
6. Canada Electric Commercial Vehicle Market
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Vehicle Type
- 6.2.2. By Category
- 6.2.3. By Booking Type
- 6.2.4. By Commuting Pattern
- 6.2.5. By End Use
7. Competitive Landscape
- 7.1. List of Key Players and Their Offerings
- 7.2. North America E-Mobility Rental Company Market Share Analysis, 2022
- 7.3. Competitive Benchmarking, By Operating Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
8. Impact of Covid-19 on North America E-Mobility Rental Market
9. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 9.1. Neutron Holdings
- 9.2. Bird Rides
- 9.3. Uber Technologies
- 9.4. Grab Holdings
- 9.5. Donkey Republic Aps
- 9.6. TIER Mobility
- 9.7. Lyft
- 9.8. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents, By Country
- 11.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 North America E-Mobility Rental Segmentation
- Figure 2 North America E-Mobility Rental Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 North America E-Mobility Rental Market Size, By Value (USD Million), 2019-2029
- Figure 5 North America E-Mobility Rental Market Share, By Vehicle Type, By Value, 2019-2029
- Figure 6 North America E-Mobility Rental Market Share, By Category, By Value, 2019-2029
- Figure 7 North America E-Mobility Rental Market Share, By Booking Type, By Value, 2019-2029
- Figure 8 North America E-Mobility Rental Market Share, By Commuting Pattern, By Value, 2019-2029
- Figure 9 North America E-Mobility Rental Market Share, By End Use, By Value, 2019-2029
- Figure 10 North America E-Mobility Rental Market Share, By Country, By Value, 2019-2029
- Figure 11 United States E-Mobility Rental Market Size, By Value (USD Million), 2019-2029
- Figure 12 United States E-Mobility Rental Market Share, By Vehicle Type, By Value, 2019-2029
- Figure 13 United States E-Mobility Rental Market Share, By Category, By Value, 2019-2029
- Figure 14 United States E-Mobility Rental Market Share, By Booking Type, By Value, 2019-2029
- Figure 15 United States E-Mobility Rental Market Share, By Commuting Pattern, By Value, 2019-2029
- Figure 16 United States E-Mobility Rental Market Share, By End Use, By Value, 2019-2029
- Figure 17 Canada E-Mobility Rental Market Size, By Value (USD Million), 2019-2029
- Figure 18 Canada E-Mobility Rental Market Share, By Vehicle Type, By Value, 2019-2029
- Figure 19 Canada E-Mobility Rental Market Share, By Category, By Value, 2019-2029
- Figure 20 Canada E-Mobility Rental Market Share, By Booking Type, By Value, 2019-2029
- Figure 21 Canada E-Mobility Rental Market Share, By Commuting Pattern, By Value, 2019-2029
- Figure 22 Canada E-Mobility Rental Market Share, By End Use, By Value, 2019-2029
List of Tables
- Table 1 North America E-Mobility Rental Market Size, By Value (USD Million), 2019-2029
- Table 2 North America E-Mobility Rental Market Size, By Vehicle Type, By Value, 2019-2029
- Table 3 North America E-Mobility Rental Market Size, By Category, By Value, 2019-2029
- Table 4 North America E-Mobility Rental Market Size, By Booking Type, By Value, 2019-2029
- Table 5 North America E-Mobility Rental Market Size, By Commuting Pattern, By Value, 2019-2029
- Table 6 North America E-Mobility Rental Market Size, By End Use, By Value, 2019-2029
- Table 7 North America E-Mobility Rental Market Size, By Country, By Value, 2019-2029
- Table 8 United States E-Mobility Rental Market Size, By Value (USD Million), 2019-2029
- Table 9 United States E-Mobility Rental Market Size, By Vehicle Type, By Value, 2019-2029
- Table 10 United States E-Mobility Rental Market Size, By Category, By Value, 2019-2029
- Table 11 United States E-Mobility Rental Market Size, By Booking Type, By Value, 2019-2029
- Table 12 United States E-Mobility Rental Market Size, By Commuting Pattern, By Value, 2019-2029
- Table 13 United States E-Mobility Rental Market Size, By End Use, By Value, 2019-2029
- Table 14 Canada E-Mobility Rental Market Size, By Value (USD Million), 2019-2029
- Table 15 Canada E-Mobility Rental Market Size, By Vehicle Type, By Value, 2019-2029
- Table 16 Canada E-Mobility Rental Market Size, By Category, By Value, 2019-2029
- Table 17 Canada E-Mobility Rental Market Size, By Booking Type, By Value, 2019-2029
- Table 18 Canada E-Mobility Rental Market Size, By Commuting Pattern, By Value, 2019-2029
- Table 19 Canada E-Mobility Rental Market Size, By End Use, By Value, 2019-2029
- Table 20 Neutron Holdings Company Overview
- Table 21 Neutron Holdings Financial Overview
- Table 22 Bird Rides Company Overview
- Table 23 Bird Rides Financial Overview
- Table 24 Uber Technologies Company Overview
- Table 25 Uber Technologies Financial Overview
- Table 26 Grab Holdings Company Overview
- Table 27 Grab Holdings Financial Overview
- Table 28 Donkey Republic Aps Company Overview
- Table 29 Donkey Republic Aps Financial Overview
- Table 30 TIER Mobility Company Overview
- Table 31 TIER Mobility Financial Overview
- Table 32 Lyft Company Overview
- Table 33 Lyft Financial Overview
