Global Car Pooling Market Report 2024

Car Pooling Global Market Report 2023 – By Type (Online Carpooling Platforms, Appbased Carpooling), By Application (Businesses, Individuals, Schools, Other Applications), By Car Type (Economy, Executive, Luxury) – Market Size, Trends, And Global Forecast 2023-2032

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Carpooling, also known as "shared mobility," is the most technologically advanced transportation system that enables users to book a short-distance ride as and when needed. The booking of the cars through online carpooling platforms and app-based carpooling helps reduce the number of vehicles on the road, reduce carbon emissions, and protect the environment.

The car-pooling market covered in this report is segmented by type into online carpooling platforms and app-based carpooling. Online carpooling platforms refer to people travelling together to make it a cheaper affair. The application will allow the user to select his or her role, which may be either driver or passenger. This will lead the user to log in to the app. The different types of cars include economy, executive, and luxury and are used in various applications, such as by businesses, individuals, schools, and others.

The global carpooling market is segmented -

1) By Type: Online Carpooling Platforms, App-based Carpooling

2) By Application: Businesses, Individuals, Schools, Other Applications

3) By Car Type: Economy, Executive, Luxury

The global carpooling market size will grow from $8.33 billion in 2022 to $9.64 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global carpooling is expected to grow to $15.10 billion in 2027 at a CAGR of 11.9%.

Government initiatives to minimise carbon emissions are likely to drive the carpooling market. Major metropolitan cities have traffic congestion with an increase in vehicle density on the roads, increasing carbon emissions. For instance, cities such as New York, Seoul, and Shanghai are among the top 10 cities with the highest carbon footprint. In an attempt to curb emissions, governments and companies are encouraging car-pooling to commute in the cities. In the Paris agreement on climate change, countries have set determined targets for carbon footprint reduction by 2030. For instance, the Delhi government in India has introduced an odd-even scheme to control the traffic density and keep a check on carbon emissions in the city. Corporates such as Amazon and Infosys are also encouraging car-pooling to commute to workplaces to reduce congestion and air pollution. The initiatives to keep a check on carbon emissions thereby contribute to the growth of the car pooling market.

Major players in the carpooling market are, Didi Chuxing, Dida Chuxing, Uber, Via Transportation, Lyft Line, Waze Carpool, Zimride, Carma, and Scoop Technologies.

Complex policies of different countries are anticipated to limit the expansion of the carpooling industry during the next few years. Stringent policies encumber the businesses and limit the carpooling players' ability to function smoothly. For instance, in November 2020, Government of India issued guidelines that for each car with the driver and integrated with the aggregator, a maximum of four ride-sharing intra-city journeys per day and two ride-sharing inter-city excursions per week will be allowed. Therefore, the government guidelines drafted by various countries are projected to act as a major restraint on the growth of the carpooling market during the forecast period.

Automobile manufacturers are increasingly venturing into mobility services to cater to the growing demand for car-pooling services. For instance, major automobile manufacturers, namely BMW and Daimler, have merged their car-sharing ventures to expand geographically. Similarly, in February 2020, Tesla announced plans to launch a ride-sharing application. Automakers' investing in carpooling applications will contribute to the growth of the market.

In August 2022, Ola Cabs, an India-based online taxi and car booking company, announced a merger agreement with Uber Technologies, Inc. for an undisclosed amount. Through this merger, both companies joined forces to improve taxi rentals, ride services, and customer experiences to enhance business outcomes. Uber Technologies, Inc. is a mobility-as-a service company based in the United States that pioneered food delivery, online taxi bookings, and hotel reservations.

Asia-Pacific was the largest region in the carpooling market in 2022. Western Europe was the second largest region in the global carpooling market share. The regions covered in the global carpooling market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the carpooling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The carpooling market includes revenues earned by entities by providing rented cars for groups of people that can travel together to reduce environmental pollution by reducing carbon footprints. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The carpooling market research report is one of a series of new reports from The Business Research Company that provides carpooling market statistics, including global market size, regional shares, competitors with a carpooling market share, detailed carpooling market segments, market trends and opportunities, and any further data you may need to thrive in the carpooling industry. This carpooling market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

    Table Of Contents

    1. Executive Summary

    2. Car Pooling Market Characteristics

    3. Car Pooling Market Trends And Strategies

    4. Car Pooling Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Car Pooling Market

    4.2 Ukraine-Russia War Impact On Car Pooling Market

    4.3 Impact Of High Inflation On Car Pooling Market

    5. Car Pooling Market Size And Growth

    5.1. Global Car Pooling Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Car Pooling Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Car Pooling Market Segmentation

    6.1. Global Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Online Carpooling Platforms

    App-based Carpooling

    6.2. Global Car Pooling Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Businesses

    Individuals

    Schools

    Other Applications

    6.3. Global Car Pooling Market, Segmentation By Car Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Economy

    Executive

    Luxury

    7. Car Pooling Market Regional And Country Analysis

    7.1. Global Car Pooling Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Car Pooling Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Car Pooling Market

    8.1. Asia-Pacific Car Pooling Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Car Pooling Market

    9.1. China Car Pooling Market Overview

    9.2. China Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Car Pooling Market

    10.1. India Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Car Pooling Market

    11.1. Japan Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Car Pooling Market

    12.1. Australia Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Car Pooling Market

    13.1. Indonesia Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Car Pooling Market

    14.1. South Korea Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Car Pooling Market

    15.1. Western Europe Car Pooling Market Overview

    15.2. Western Europe Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Car Pooling Market

    16.1. UK Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Car Pooling Market

    17.1. Germany Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Car Pooling Market

    18.3. France Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Car Pooling Market

    19.1. Eastern Europe Car Pooling Market Overview

    19.2. Eastern Europe Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Car Pooling Market

    20.1. Russia Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Car Pooling Market

    21.1. North America Car Pooling Market Overview

    21.2. North America Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Car Pooling Market

    22.1. USA Car Pooling Market Overview

    22.2. USA Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Car Pooling Market

    23.1. South America Car Pooling Market Overview

    23.2. South America Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Car Pooling Market

    24.1. Brazil Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Car Pooling Market

    25.1. Middle East Car Pooling Market Overview

    25.2. Middle East Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Car Pooling Market

    26.1. Africa Car Pooling Market Overview

    26.2. Africa Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Car Pooling Market Competitive Landscape And Company Profiles

    27.1. Car Pooling Market Competitive Landscape

    27.2. Car Pooling Market Company Profiles

    27.2.1. Didi Chuxing

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Uber

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Via Transportation

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Lyft Line

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Waze Carpool

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Car Pooling Market

    29. Car Pooling Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Car Pooling Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Car Pooling Market, Segmentation By Car Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Car Pooling Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Car Pooling Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: China, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: India, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: Japan, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Australia, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Indonesia, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: South Korea, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Western Europe, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: UK, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Germany, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: France, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Russia, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: North America, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: USA, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: South America, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Brazil, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Middle East, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Africa, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: Didi Chuxing Financial Performance
  • Table 28: Uber Financial Performance
  • Table 29: Via Transportation Financial Performance
  • Table 30: Lyft Line Financial Performance
  • Table 31: Waze Carpool Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Car Pooling Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Car Pooling Market, Segmentation By Car Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Car Pooling Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Car Pooling Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: China, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: India, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: Japan, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Australia, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: South Korea, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: UK, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Germany, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: France, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Russia, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: North America, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: USA, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: South America, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Brazil, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Middle East, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Africa, Car Pooling Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: Didi Chuxing Financial Performance
  • Figure 28: Uber Financial Performance
  • Figure 29: Via Transportation Financial Performance
  • Figure 30: Lyft Line Financial Performance
  • Figure 31: Waze Carpool Financial Performance
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