Car Sharing Market Size By Vehicle Class, By Vehicle, By Business Model, By Model, By End Use, By Area, By Propulsion, Growth Forecast, 2026 - 2035
Report ID: GMI719
|
Published Date: January 2026
|
Report Format: PDF
Download Free PDF
Authors: Preeti Wadhwani, Satyam Thakare
For inquiries regarding discounts, bulk purchases, or customization requests, please contact us at [email protected]



Premium Report Details
Base Year: 2025
Companies covered: 20
Tables & Figures: 160
Countries covered: 21
Pages: 250
Download Free PDF
Add Citations
. 2026, January. Car Sharing Market Size By Vehicle Class, By Vehicle, By Business Model, By Model, By End Use, By Area, By Propulsion, Growth Forecast, 2026 - 2035 (Report ID: GMI719). Global Market Insights Inc. Retrieved January 25, 2026, from https://www.gminsights.com/toc/details/carsharing-market

Car Sharing Market
Get a free sample of this reportGet a free sample of this report Car Sharing Market
Is your requirement urgent? Please give us your business email for a speedy delivery!





Car Sharing Market Size
The global car sharing market was estimated at USD 17.6 billion in 2025. The market is expected to grow from USD 18.6 billion in 2026 to USD 35.3 billion in 2035, at a CAGR of 7.4% according to latest report published by Global Market Insights Inc.
The fast urbanization is exacerbating traffic jams, parking and commuting ineffectiveness in most urban centers across the world. Car sharing provides an alternative approach to owning your cars in such a way that it will be maximized and the time wasted will be minimized. City assistance in alleviating congestion also expedites implementation particularly in the congested metropolitan areas that have poor road and parking networks.
Companies operating in the market are engaged in various inorganic growth strategies such as new product launches, mergers & acquisitions, and partnerships, to stay competitive in the market. For example, in May 2025, Zoomcar collaborated with Weg, in a move to provide seamless access to self-drive cars to visitors in India. This will enable customers of Wego to, book from 25,000+ self-drive cars across 99+ cities in India directly from the Wego platform (website & app), with hyper-local availability.
Deterioration of personal car ownership is being discouraged by increasing expenses in buying, maintaining, processing, fueling the vehicle, and parking. Car sharing offers economic mobility with fixed ownership costs being converted to used based costs. This financial benefit is very attractive to younger customers, urban professionals, and household-based cost-effective consumers who want to have a chance to use vehicles occasionally without any financial obligations of long-term use.
Mobile applications, GPS tracking systems, telematics, and digital payment systems have also greatly enhanced the convenience and reliability of the car sharing services. Seamless booking, live tracking of vehicles, and touchless access improves end user experience and operation. Technology-based systems allow scalable management of fleets, sale and request pricing, and demand forecasts based on data and help expand the market.
The increasing environmental concern and tightening of emission standards are pushing the need to new mobility solutions. Car sharing helps to cut in per-capita vehicle use and incorporate electric and low-emission vehicles. The rise of car sharing is a trend among governments and cities as a sustainable urban mobility approach, car sharing becoming a shared approach compared to climate objectives and emission reduction targets.
The fast development of Europe is caused by the high regulatory provisions of mutual mobility, forced minimization of emissions, and restricted parking spaces in the urban areas. High-level congestion charges and low-emission areas in many cities in Europe restrict the use of personal vehicles, effectively promoting the use of car sharing. The great popularity of shared transport models among the population also enhances the growth of the market within the largest cities.
Car sharing in the Asia Pacific region is dominated, owing to higher population density, faster urbanization, and the low ownership of personal cars in the urban areas. Urban populations tend to depend on the flexibility that mobility services provide in order to move around in cities. Further, the pervasiveness of smart phone usage in the market drives the usage of app-based car sharing.
Car Sharing Market Trends
The high pace of urbanization has compelled increased traffic congestion, a lack of parking spaces, and transport inefficiency in large cities across the world. Car sharing can solve these issues through decreased ownership of personal vehicles and better usage of vehicles. Car sharing is quite a solution to dense urban areas with limited roads and parking lots where the authorities are more and more encouraging people to share mobility as a way of reducing congestion.
A shift in consumer behavior, especially among the younger and urban generations, towards the substitution of owning personal cars to flexible and usage-based solutions of transportation is being fueled by changing preferences and consumer needs. Car sharing enables the users to access vehicles as and when necessary, without the need to incur long term ownership costs. Such a change in behavior contributes to the long-term expansion of demand in the urban areas and the market of price-sensitive consumers.
Rising expenses on buying a car, insurance, fuel, upkeep and parking are putting off ownership of personal cars. Car sharing transforms the high fixed costs into variable charges, which are pay-per-use fees, which present considerable financial benefits. This is cost-effective to individuals and companies who want the flexibility of accessing mobility without buying personal vehicles or leasing fleet vehicles.
The innovations in mobile apps, telematics, GPS tracking, and digital payment systems have enhanced the accessibility and reliability of the services. Keyless entry, real-time vehicle availability and fleet optimization through data improve the user experience and efficiency in the operation. Platforms that are facilitated by technology have helped to facilitate scalable operations, enhance the use of fleets, and support dynamic pricing, which accelerates the overall development of the market.
The increasing use of electric cars in car-sharing will contribute to the emission reduction agenda and will reduce operating expenses in the long run. Governments and cities promote EV-based shared mobility by incentivizing it and developing related infrastructure. Electric car sharing attracts environmentally aware consumers and helps operators to meet the tougher requirements of the emission regulations and sustainability standards.
Car sharing is increasingly being implemented for employees to commute, thus optimizing operations and reducing fleet ownership costs among businesses, government agencies, and institutions. Corporate car sharing helps improve asset utilization and reduces operational costs while helping to achieve sustainability goals. Long-term contracts and predictable demand from institutional users provide stable revenue streams, strengthening market expansion prospects.
Car Sharing Market Analysis
Based on vehicle class, the market is divided into executive cars, economy cars, and mid-range cars. The economy cars segment dominated the car sharing market, accounting for around 58% in 2025 and is expected to grow at a CAGR of over 8% from 2026 to 2035.
Based on vehicle, the car sharing market is segmented into hatchback, sedan, SUV and others. The SUV segment dominate the market with 45% share in 2025, and the segment is expected to grow at a CAGR of over 7% from 2026 to 2035.
Based on model, the car sharing market is segmented into free float, stationary, and peer to peer. The free float segment dominated the market, accounting for share of 48% in 2025.
Based on business model, the car sharing market is divided into round trip and one way. Round trip dominates with 82% market share in 2025.
China dominated the car sharing market in Asia Pacific with around 38% share and generated USD 2.53 billion in revenue in 2025.
The Germany car sharing market is projected to exceed USD 1.7 billion in 2025.
The car sharing market in US is projected to grow at a 4.3% CAGR from 2026 to 2035.
The car sharing market in Brazil is expected to expand steadily through 2035. Brazil’s major cities, including São Paulo and Rio de Janeiro, face severe traffic congestion and limited parking availability due to rapid urbanization.
The car sharing market in South Africa is projected to grow at a CAGR of 5.7% from 2026 to 2035.
Car Sharing Market Share
Car Sharing Market Companies
Major players operating in the car sharing industry are:
Car Sharing Industry News
The car sharing market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and shipment (Fleet Size) from 2022 to 2035, for the following segments:
Market, By Vehicle Class
Market, By Vehicle
Market, By Business Model
Market, By Model
Market, By End Use
Market, By Area
Market, By Propulsion
The above information is provided for the following regions and countries: