+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Ride-Hailing Market Research Report: By Vehicle Type, Commuting Pattern, End User, Geographical Outlook - Global Opportunity Analysis and Growth Forecast to 2024

  • ID: 4912443
  • Report
  • October 2019
  • Region: Global
  • 135 Pages
  • Prescient & Strategic Intelligence Private Limited
1 of 4

FEATURED COMPANIES

  • Addison Lee Ltd.
  • Bolt Technology OÜ
  • FREE NOW
  • Gett Inc.
  • Grab Holdings Inc.
  • inDriver
  • MORE
Having a proper means of transportation is an important aspect of life in today’s time. Traveling has become increasingly easy with the advancements in the automobile technology. While in the past, people preferred owning their own vehicles because of the inconveniences related to public transportation, now private vehicles seem more cumbersome. Heavy investments are required for owning private vehicles, which consist of fuel cost, parking expense, insurance cost, vehicle cost, and maintenance charge. Due to these factors, the people have started adopting for ride-hailing services instead of buying their own vehicles, as they get to travel conveniently without paying for any additional maintenance services.

Ride-hailing services are provided by transportation network companies (TNC) by using online mobile applications to cater to the commuters’ needs of reaching a specific destination from a specific origin. As per a study conducted by the publisher, in 2018, the global ride-hailing market generated a revenue of $50.4 billion and is expected to attain $120.2 billion in 2024, advancing at a 13.0% CAGR in the coming years. Ride-hailing services are offered via luxury, executive, and economy vehicle types. Among these, ride-hailing services were offered the most via economy vehicles during 2014-2018. This was because the majority of commuters opt for ride-hailing services for traveling for short or medium distances, which is why they do not prefer more expensive services, such as that of luxury or executive vehicles. Moreover, the number of cars provided under this option is the highest as compared to other vehicle types. Attributed to these factors, the category is further going to be the most in demand in the near future as well.

The increasing concern toward the environment is a major factor contributing to the growth of the ride-hailing market. The exhaust fumes from vehicles play a major role in the degradation of the air quality, which has become a cause of concern for the environmental agencies. The greenhouse gas emissions from vehicles have resulted in the formulation of strict environmental policies by the governments across the world and the countries have also started taking initiatives to curb the emissions by decreasing the ownership of private vehicles. Ride-hailing is an effective solution in this regard, as the utilization of these services can help decrease the number of private vehicles considerably on the roads, in turn, reducing the amount of carbon dioxide emitted in the environment.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Addison Lee Ltd.
  • Bolt Technology OÜ
  • FREE NOW
  • Gett Inc.
  • Grab Holdings Inc.
  • inDriver
  • MORE
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Vehicle Type
1.3.2 Market Segmentation by Commuting Pattern
1.3.3 Market Segmentation by End User
1.3.4 Market Segmentation by Region
1.3.5 Analysis Period
1.3.6 Market Data Reporting Unit
1.3.6.1 Value
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By region
2.2.1.2 By industry participant
2.2.1.3 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study

Chapter 3. Executive Summary
3.1 Global Ride-Hailing Market Executive Summary
3.2 Fleet Size Operating in Global Ride-Hailing Market

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Vehicle Type
4.1.1.1 Economy
4.1.1.2 Executive
4.1.1.3 Luxury
4.1.2 By Commuting Pattern
4.1.2.1 Daily/weekly
4.1.2.2 Monthly
4.1.2.3 Occasionally
4.1.3 By End User
4.1.3.1 Personal
4.1.3.2 Business
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Technological enhancement
4.3.1.2 Introduction of robotaxis
4.3.1.3 Deployment of electric vehicles in ride-hailing services
4.3.2 Drivers
4.3.2.1 Convenient and economically efficient mobility option
4.3.2.2 Growing concerns toward environmental protection
4.3.2.3 Road congestion in urban areas
4.3.2.4 Rising government initiatives
4.3.2.5 Impact analysis of drivers on market forecast
4.3.3 Restraints
4.3.3.1 Consumer aspirations to own a car
4.3.3.2 Inadequate infrastructure for the deployment of ride-hailing services
4.3.3.3 Lacking internet penetration
4.3.3.4 Impact analysis of restraints on market forecast
4.3.4 Opportunities
4.3.4.1 Increasing forthcoming investments
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Buyers
4.4.2 Bargaining Power of Suppliers
4.4.3 Intensity of Rivalry
4.4.4 Threat of New Entrants
4.4.5 Threat of Substitutes

Chapter 5. Global Market Size and Forecast
5.1 By Vehicle Type
5.2 By Commuting Pattern
5.3 By End User
5.4 By Region

Chapter 6. North America Market Size and Forecast
6.1 By Vehicle Type
6.2 By Commuting Pattern
6.3 By End User
6.4 By Country

Chapter 7. Europe Market Size and Forecast
7.1 By Vehicle Type
7.2 By Commuting Pattern
7.3 By End User
7.4 By Country

Chapter 8. APAC Market Size and Forecast
8.1 By Vehicle Type
8.2 By Commuting Pattern
8.3 By End User
8.4 By Country

Chapter 9. RoW Market Size and Forecast
9.1 By Vehicle Type
9.2 By Commuting Pattern
9.3 By End User
9.4 By Country

Chapter 10. User Profile
10.1 North America
10.1.1 Ride-Hailing User Breakdown
10.1.1.1 By age
10.1.1.2 By gender
10.1.1.3 By profession
10.1.1.4 By usage
10.1.1.5 By distance
10.1.2 Customers’ Motivation
10.1.3 Customer Behavior and Trends
10.2 Europe
10.2.1 Ride-Hailing User Breakdown
10.2.1.1 By age
10.2.1.2 By gender
10.2.1.3 By profession
10.2.1.4 By usage
10.2.1.5 By distance
10.2.2 Customers’ Motivation
10.2.3 Customer Behavior and Trends
10.3 APAC
10.3.1 Ride-Hailing User Breakdown
10.3.1.1 By age
10.3.1.2 By gender
10.3.1.3 By profession
10.3.1.4 By usage
10.3.1.5 By distance
10.3.2 Customers’ Motivation
10.3.3 Customer Behavior and Trends

Chapter 11. Competitive Landscape
11.1 Benchmarking of Key Players
11.2 Market Share Analysis of Key Players
11.3 Strategic Developments of Key Players
11.3.1 Service Launch and Expansion
11.3.2 Partnership
11.3.3 Geographic Expansion
11.3.4 Other Developments

Chapter 12. Company Profiles
12.1 ANI Technologies Pvt. Ltd.
12.1.1 Business Overview
12.1.2 Product and Service Offerings
12.2 Lyft Inc.
12.2.1 Business Overview
12.2.2 Product and Service Offerings
12.3 Uber Technologies Inc.
12.3.1 Business Overview
12.3.2 Product and Service Offerings
12.4 Beijing Xiaoju Technology Co. Ltd. (Didi Chuxing)
12.4.1 Business Overview
12.4.2 Product and Service Offerings
12.5 Grab Holdings Inc.
12.5.1 Business Overview
12.5.2 Product and Service Offerings
12.6 inDriver
12.6.1 Business Overview
12.6.2 Product and Service Offerings
12.7 RideCell Inc.
12.7.1 Business Overview
12.7.2 Product and Service Offerings
12.8 VOXTUR SAS
12.8.1 Business Overview
12.8.2 Product and Service Offerings
12.9 Gett Inc.
12.9.1 Business Overview
12.9.2 Product and Service Offerings
12.10 Addison Lee Ltd.
12.10.1 Business Overview
12.10.2 Product and Service Offerings
12.11 FREE NOW
12.11.1 Business Overview
12.11.2 Product and Service Offerings
12.12 Bolt Technology OÜ
12.12.1 Business Overview
12.12.2 Product and Service Offerings
12.13 MLU B.V.
12.13.1 Business Overview
12.13.2 Product and Service Offerings

Chapter 13. Appendix
13.1 Abbreviations
13.2 Sources and References
13.3 Related Reports

List of Tables
TABLE 1 ANALYSIS PERIOD OF THE STUDY
TABLE 2 RIDE-HAILING FLEET SIZE, BY REGION, ‘000 UNITS (2014-2018)
TABLE 3 RIDE-HAILING FLEET SIZE, BY REGION, ‘000 UNITS (2019-2024)
TABLE 4 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
TABLE 5 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
TABLE 6 BARGAINING POWER OF BUYERS
TABLE 7 BARGAINING POWER OF SUPPLIERS
TABLE 8 INTENSITY OF RIVALRY
TABLE 9 THREAT OF NEW ENTRANTS
TABLE 10 THREAT OF SUBSTITUTES
TABLE 11 GLOBAL RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2014-2018)
TABLE 12 GLOBAL RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2019-2024)
TABLE 13 GLOBAL RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2014-2018)
TABLE 14 GLOBAL RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2019-2024)
TABLE 15 GLOBAL RIDE-HAILING MARKET, BY END USER, $M (2014-2018)
TABLE 16 GLOBAL RIDE-HAILING MARKET, BY END USER, $M (2019-2024)
TABLE 17 GLOBAL RIDE-HAILING MARKET, BY REGION, $M (2014-2018)
TABLE 18 GLOBAL RIDE-HAILING MARKET, BY REGION, $M (2019-2024)
TABLE 19 NORTH AMERICA RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2014-2018)
TABLE 20 NORTH AMERICA RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2019-2024)
TABLE 21 NORTH AMERICA RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2014-2018)
TABLE 22 NORTH AMERICA RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2019-2024)
TABLE 23 NORTH AMERICA RIDE-HAILING MARKET, BY END USER, $M (2014-2018)
TABLE 24 NORTH AMERICA RIDE-HAILING MARKET, BY END USER, $M (2019-2024)
TABLE 25 NORTH AMERICA RIDE-HAILING MARKET, BY COUNTRY, $M (2014-2018)
TABLE 26 NORTH AMERICA RIDE-HAILING MARKET, BY COUNTRY, $M (2019-2024)
TABLE 27 EUROPE RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2014-2018)
TABLE 28 EUROPE RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2019-2024)
TABLE 29 EUROPE RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2014-2018)
TABLE 30 EUROPE RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2019-2024)
TABLE 31 EUROPE RIDE-HAILING MARKET, BY END USER, $M (2014-2018)
TABLE 32 EUROPE RIDE-HAILING MARKET, BY END USER, $M (2019-2024)
TABLE 33 EUROPE RIDE-HAILING MARKET, BY COUNTRY, $M (2014-2018)
TABLE 34 EUROPE RIDE-HAILING MARKET, BY COUNTRY, $M (2019-2024)
TABLE 35 APAC RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2014-2018)
TABLE 36 APAC RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2019-2024)
TABLE 37 APAC RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2014-2018)
TABLE 38 APAC RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2019-2024)
TABLE 39 APAC RIDE-HAILING MARKET, BY END USER, $M (2014-2018)
TABLE 40 APAC RIDE-HAILING MARKET, BY END USER, $M (2019-2024)
TABLE 41 APAC RIDE-HAILING MARKET, BY COUNTRY, $M (2014-2018)
TABLE 42 APAC RIDE-HAILING MARKET, BY COUNTRY, $M (2019-2024)
TABLE 43 ROW RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2014-2018)
TABLE 44 ROW RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2019-2024)
TABLE 45 ROW RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2014-2018)
TABLE 46 ROW RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2019-2024)
TABLE 47 ROW RIDE-HAILING MARKET, BY END USER, $M (2014-2018)
TABLE 48 ROW RIDE-HAILING MARKET, BY END USER, $M (2019-2024)
TABLE 49 ROW RIDE-HAILING MARKET, BY COUNTRY, $M (2014-2018)
TABLE 50 ROW RIDE-HAILING MARKET, BY COUNTRY, $M (2019-2024)
TABLE 51 MOTIVATING FACTOR ANALYSIS OF USERS (RESPONDENTS) IN NORTH AMERICA
TABLE 52 MOTIVATING FACTOR ANALYSIS OF USERS (RESPONDENTS) IN EUROPE
TABLE 53 MOTIVATING FACTOR ANALYSIS OF USERS (RESPONDENTS) IN APAC
TABLE 54 BHENCHMARKING OF KEY PLAYERS (2018)
TABLE 55 ANI TECHNOLOGIES PVT. LTD. - AT A GLANCE
TABLE 56 LYFT INC. - AT A GLANCE
TABLE 57 UBER TECHNOLOGIES INC. - AT A GLANCE
TABLE 58 BEIJING XIAOJU TECHNOLOGY CO. LTD. - AT A GLANCE
TABLE 59 GRAB HOLDINGS INC. - AT A GLANCE
TABLE 60 INDRIVER - AT A GLANCE
TABLE 61 RIDECELL INC. - AT A GLANCE
TABLE 62 VOXTUR SAS - AT A GLANCE
TABLE 63 GETT INC. - AT A GLANCE
TABLE 64 ADDISON LEE LTD. - AT A GLANCE
TABLE 65 FREE NOW - AT A GLANCE
TABLE 66 BOLT TECHNOLOGY OÜ - AT A GLANCE
TABLE 67 MLU B.V. - AT A GLANCE

List of Figures
FIG 1 RESEARCH SCOPE
FIG 2 RESEARCH METHODOLOGY
FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY REGION
FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
FIG 5 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
FIG 6 DATA TRIANGULATION APPROACH
FIG 7 GLOBAL RIDE-HAILING MARKET SUMMARY
FIG 8 FLEET SIZE OPERATING IN GLOBAL RIDE-HAILING MARKET
FIG 9 VALUE CHAIN ANALYSIS
FIG 10 GLOBAL RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2014-2024)
FIG 11 GLOBAL RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2014-2024)
FIG 12 GLOBAL RIDE-HAILING MARKET, BY END USER, $M (2014-2024)
FIG 13 GLOBAL RIDE-HAILING MARKET, BY REGION, $M (2014-2024)
FIG 14 NORTH AMERICA RIDE-HAILING MARKET SNAPSHOT
FIG 15 NORTH AMERICA RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2014-2024)
FIG 16 NORTH AMERICA RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2014-2024)
FIG 17 NORTH AMERICA RIDE-HAILING MARKET, BY END USER, $M (2014-2024)
FIG 18 NORTH AMERICA RIDE-HAILING MARKET, BY COUNTRY, $M (2014-2024)
FIG 19 EUROPE RIDE-HAILING MARKET SNAPSHOT
FIG 20 EUROPE RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2014-2024)
FIG 21 EUROPE RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2014-2024)
FIG 22 EUROPE RIDE-HAILING MARKET, BY END USER, $M (2014-2024)
FIG 23 EUROPE RIDE-HAILING MARKET, BY COUNTRY, $M (2014-2024)
FIG 24 APAC RIDE-HAILING MARKET SNAPSHOT
FIG 25 APAC RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2014-2024)
FIG 26 APAC RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2014-2024)
FIG 27 APAC RIDE-HAILING MARKET, BY END USER, $M (2014-2024)
FIG 28 APAC RIDE-HAILING MARKET, BY COUNTRY, $M (2014-2024)
FIG 29 ROW RIDE-HAILING MARKET SNAPSHOT
FIG 30 ROW RIDE-HAILING MARKET, BY VEHICLE TYPE, $M (2014-2024)
FIG 31 ROW RIDE-HAILING MARKET, BY COMMUTING PATTERN, $M (2014-2024)
FIG 32 ROW RIDE-HAILING MARKET, BY END USER, $M (2014-2024)
FIG 33 ROW RIDE-HAILING MARKET, BY COUNTRY, $M (2014-2024)
FIG 34 COUNTRY-WISE DISTRIBUTION OF THE SAMPLE SIZE IN NORTH AMERICA
FIG 35 RIDE-HAILING USERS IN NORTH AMERICA, BY AGE
FIG 36 RIDE-HAILING USERS IN NORTH AMERICA, BY GENDER
FIG 37 RIDE-HAILING USERS IN NORTH AMERICA, BY PROFESSION
FIG 38 RIDE-HAILING USERS IN NORTH AMERICA, BY USAGE
FIG 39 RIDE-HAILING USAGE IN NORTH AMERICA, BY DISTANCE
FIG 40 COUNTRY-WISE DISTRIBUTION OF THE SAMPLE SIZE IN EUROPE
FIG 41 RIDE-HAILING USERS IN EUROPE, BY AGE
FIG 42 RIDE-HAILING USERS IN EUROPE, BY GENDER
FIG 43 RIDE-HAILING USERS IN EUROPE, BY PROFESSION
FIG 44 RIDE-HAILING USERS IN EUROPE, BY USAGE
FIG 45 RIDE-HAILING USAGE IN EUROPE, BY DISTANCE
FIG 46 COUNTRY-WISE DISTRIBUTION OF THE SAMPLE SIZE IN APAC
FIG 47 RIDE-HAILING USERS IN APAC, BY AGE
FIG 48 RIDE-HAILING USERS IN APAC, BY GENDER
FIG 49 RIDE-HAILING USERS IN APAC, BY PROFESSION
FIG 50 RIDE-HAILING USERS IN APAC, BY USAGE
FIG 51 RIDE-HAILING USAGE IN APAC, BY DISTANCE
FIG 52 GLOBAL RIDE-HAILING MARKET SHARE OF MAJOR OEMS (2018)
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • ANI Technologies Pvt. Ltd.
  • Lyft Inc.
  • Uber Technologies Inc.
  • Beijing Xiaoju Technology Co. Ltd. (Didi Chuxing)
  • Grab Holdings Inc.
  • inDriver
  • RideCell Inc.
  • VOXTUR SAS
  • Gett Inc.
  • Addison Lee Ltd.
  • FREE NOW
  • Bolt Technology OÜ
  • MLU B.V.
Note: Product cover images may vary from those shown
Adroll
adroll