The Global Automotive Sharing Travel market is projected to witness a CAGR of 7.00% during the forecast period.
Key players in the market include Daimler AG, BMW Group, Ford Motor Company, General Motors Company, Toyota Motor Corporation, Honda Motor Co., Ltd., Volkswagen AG, Hyundai Motor Company, Nissan Motor Corporation, Volvo Group, Renault S.A., Fiat Chrysler Automobiles, PSA Group, Geely Automobile Holdings Limited, BYD Auto Co., Ltd., etc.
Automotive sharing travel involves services such as car-sharing, ride-sharing, and bike sharing, allowing people to access and use cars on a demand basis.
The market offers opportunities to enhance urban mobility, reduce traffic congestion, and promote sustainability and emission reduction goals.