PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1606570
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1606570
Demand-Responsive Shuttles Will Experience High Growth, at a Projected CAGR of 46.9%, to Reach Approximately 8,800 Vehicles by 2030
This study delves into the emerging landscape of shared mobility services in rural Europe, a region often overlooked in mobility discussions. Rural areas are those with a population density below 150 inhabitants per square kilometer.
The study delves into the key players, case studies, and diverse business models associated with traditional carsharing, demand-responsive transport, bike sharing, and ride hailing in rural contexts. An understanding of the rural economic landscape, primarily anchored in agriculture, forestry, and fisheries, is crucial for assessing mobility needs and identifying potential solutions.
Rural areas face several distinct mobility challenges, including limited public transport options, geographic isolation, and a higher proportion of older residents with reduced mobility. These factors necessitate innovative approaches to ensure accessibility and affordability of transportation services.
Shared mobility can offer a viable solution by providing flexible and on-demand transportation options. Successful implementation requires careful consideration of factors such as infrastructure, technology, and community engagement.
Several emerging trends are shaping the future of rural shared mobility. The increasing adoption of electric vehicles presents new opportunities for sustainable and affordable transportation. Community-based shared mobility initiatives are also gaining traction, empowering local residents to develop and manage their own transportation solutions.
The integration of shared mobility with other modes of transportation, such as public transit and active travel, is essential for creating comprehensive and sustainable mobility systems.
The study includes a comprehensive market analysis and forecasting for the rural shared mobility sector in Europe. This analysis covers the period from 2023 to 2030, providing valuable insights into market size, growth trends, and potential opportunities. The rural shared mobility market is expected to have a gross market value of $3.07 billion by 2030.
Frost & Sullivan's findings offer valuable guidance for policymakers, investors, and service providers seeking to capitalize on the growing demand for shared mobility in rural areas.
The research scope includes fleet and GMV sizing and forecasts; in-depth analysis of the four shared mobility segments; the competitive landscape; an urban versus rural comparison; key trends; and growth opportunities.