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Automotive and Transportation Europe Ride-Hailing Service Market...

Europe Ride-Hailing Service Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Service Type (E-hailing, Car Sharing, Car Rental, and Station-based Mobility), Vehicle Type (Two-Wheeler, Three-Wheeler, Four-Wheeler, and Others), Location (Urban and Rural), and End-User (Institutional and Personal) "

TIPRE00026658 | Pages: 120 | Automotive and Transportation | Jan 2022 | Type: Regional | Status: Published

The ride-hailing service market in Europe is expected to grow from US$ 10,048.33 million in 2021 to US$ 20,627.85 million by 2028; it is estimated to grow at a CAGR of 10.8% from 2021 to 2028.

 Finance, fuel, upkeep, registration/taxes, and maintenance & repair, as well as depreciation, all contribute to the cost of owning a car. The expense of owning a vehicle rises year after year. Fuel prices and maintenance expenses have risen dramatically in recent years, and the trend is expected to continue without any decline. Owning a car has become more of a liability than an asset as cities become increasingly congested with people and cars. As the millennial generation has little to no interest in owning a car, the percentage of people aged 18 to 35 who own a car has decreased over time. Other factors contributing to the fall in car ownership include poor public transportation connectivity in major cities and the growing popularity of internet shopping, among others. Though car ownership increased during the pandemic, it is anticipated to decline after 2021, returning to pre-pandemic levels. As a result, ride-hailing service providers can profit from these demographics, as the new tech-savvy generation is one of the most active users of these services.

Russia, France, Italy, Germany, and the UK are some of the worst hit countries in Europe, considering the count of COVID-19 cases. The region witnessed a significant decline in revenue from several industries as the government authorities imposed stringent containment measures. Owing to travel restrictions, movement of people from one place to another was reduced drastically. In 2020, the ride-hailing services across the Europe region were majorly affected by the COVID-19 pandemic due to travel ban, flight cancelations, and quarantine measures. Furthermore, several regulatory mandates, such as vehicle sanitization techniques after each ride, compartmentalization, and other preventative steps, have increased ride-hailing companies' per-ride rates, thereby impacting the growth of the ride-hailing service market to some extent. With commuters' preference for ride-hailing over public transportation to maintain social distance and high vaccination rates in Europe, the market is expected to begin full recovery in the third quarter of 2021.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe ride-hailing service market. The Europe ride-hailing service market is expected to grow at a good CAGR during the forecast period.

 

 Europe Ride-Hailing Service Market Revenue and Forecast to 2028 (US$ Million)

Europe Ride-Hailing Service Market Revenue and Forecast to 2028 (US$ Million)

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Europe Ride-Hailing Service Market Segmentation

 

Europe Ride-Hailing Service Market – By Service Type

  • E-hailing
  • Car Sharing
  • Car Rental
  • Station-based Mobility

Europe Ride-Hailing Service Market – By Vehicle Type

  • Two-Wheeler
  • Three-Wheeler
  • Four-Wheeler
  • Others  

Europe Ride-Hailing Service Market – By Location

  • Urban
  • Rural

Europe Ride-Hailing Service Market – By End-User

  • Institutional
  • Personal

Europe Ride-Hailing Service Market – By Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe      

Europe Ride-Hailing Service Market – Companies Mentioned

  • Daimler AG          
  • Delphi Technologies Plc.                                                                                      
  • Uber Technologies Inc.                                                                                         
  • Didi Global Inc.                 
  • Gett                                                                                                                                       
  • ANI Technologies Pvt. Ltd.                                                                                    
  • TukTuk Ride                                                                                                           

1.         Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe Ride-Hailing Service Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinions

5.           Europe Ride-Hailing Service Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Upsurge in Trend of On-Demand Transportation Services

5.1.2        Rise in Cost of Vehicle Ownership

5.2         Market Restraints

5.2.1        Altering Transport Policies of Different Countries and Resistance from Traditional Transport Services

5.3         Market Opportunities

5.3.1        Arrival of Autonomous Ride Sharing

5.4         Future Trends

5.4.1        Growing Trend of Mobility-as-a-Service

5.5         Impact Analysis of Drivers and Restraints

6.           Europe Ride-Hailing Service Market Analysis

6.1         Market Overview

6.2         Europe Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

7.           Europe Ride-Hailing Service Market Analysis – By Service Type

7.1         Overview

7.2         Europe: Ride-Hailing Service Market- By Service Type

7.3         E-hailing

7.3.1        Overview

7.3.2        E-hailing: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Car Sharing

7.4.1        Overview

7.4.2        Car Sharing: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Car Rental

7.5.1        Overview

7.5.2        Car Rental: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

7.6         Station-based Mobility

7.6.1        Overview

7.6.2        Station-based Mobility: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

8.           Europe Ride-Hailing Service Market – By Vehicle Type

8.1         Overview

8.2         Europe: Ride-Hailing Service Market- By Vehicle Type

8.3         Two-Wheeler

8.3.1        Overview

8.3.2        Two-Wheeler: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Three-Wheeler

8.4.1        Overview

8.4.2        Three-Wheeler: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Four-Wheeler

8.5.1        Overview

8.5.2        Four-Wheeler: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

9.           Europe Ride-Hailing Service Market – By Location

9.1         Overview

9.2         Europe: Ride-Hailing Service Market- By Location

9.3         Urban

9.3.1        Overview

9.3.2        Urban: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Rural

9.4.1        Overview

9.4.2        Rural: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

10.        Europe Ride-Hailing Service Market – By End-User

10.1      Overview

10.2      Europe: Ride-Hailing Service Market- By End-User

10.3      Institutional

10.3.1     Overview

10.3.2     Institutional: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

10.4      Personal

10.4.1     Overview

10.4.2     Personal: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

11.        Europe Ride-Hailing Service Market – Country Analysis

11.1      Overview

11.1.1     Europe: Ride-Hailing Service Market- By Key Country

11.1.1.1       Germany: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1       Germany: Ride-Hailing Service Market- By Service Type

11.1.1.1.2       Germany: Ride-Hailing Service Market- By Vehicle Type

11.1.1.1.3       Germany: Ride-Hailing Service Market- By Location

11.1.1.1.4       Germany: Ride-Hailing Service Market- By End-User

11.1.1.2       France: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1       France: Ride-Hailing Service Market- By Service Type

11.1.1.2.2       France: Ride-Hailing Service Market- By Vehicle Type

11.1.1.2.3       France: Ride-Hailing Service Market- By Location

11.1.1.2.4       France: Ride-Hailing Service Market- By End-User

11.1.1.3       Italy: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1       Italy: Ride-Hailing Service Market- By Service Type

11.1.1.3.2       Italy: Ride-Hailing Service Market- By Vehicle Type

11.1.1.3.3       Italy: Ride-Hailing Service Market- By Location

11.1.1.3.4       Italy: Ride-Hailing Service Market- By End-User

11.1.1.4       UK: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1       UK: Ride-Hailing Service Market- By Service Type

11.1.1.4.2       UK: Ride-Hailing Service Market- By Vehicle Type

11.1.1.4.3       UK: Ride-Hailing Service Market- By Location

11.1.1.4.4       UK: Ride-Hailing Service Market- By End-User

11.1.1.5       Russia: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.5.1       Russia: Ride-Hailing Service Market- By Service Type

11.1.1.5.2       Russia: Ride-Hailing Service Market- By Vehicle Type

11.1.1.5.3       Russia: Ride-Hailing Service Market- By Location

11.1.1.5.4       Russia: Ride-Hailing Service Market- By End-User

11.1.1.6       Rest of Europe: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.6.1       Rest of Europe: Ride-Hailing Service Market- By Service Type

11.1.1.6.2       Rest of Europe: Ride-Hailing Service Market- By Vehicle Type

11.1.1.6.3       Rest of Europe: Ride-Hailing Service Market- By Location

11.1.1.6.4       Rest of Europe: Ride-Hailing Service Market- By End-User

12.        Impact of COVID-19 Pandemic on Europe Ride-Hailing Service Market

12.1      Overview

13.        Europe Ride-Hailing Service Market – Industry Landscape

13.1      Overview

13.2      Market Initiative

14.        Company Profiles

14.1      ANI Technologies Pvt. Ltd.

14.1.1     Key Facts

14.1.2     Business Description

14.1.3     Products and Services

14.1.4     Financial Overview

14.1.5     SWOT Analysis

14.1.6     Key Developments

14.2      Daimler AG

14.2.1     Key Facts

14.2.2     Business Description

14.2.3     Products and Services

14.2.4     Financial Overview

14.2.5     SWOT Analysis

14.2.6     Key Developments

14.3      Delphi Technologies Plc

14.3.1     Key Facts

14.3.2     Business Description

14.3.3     Products and Services

14.3.4     Financial Overview

14.3.5     SWOT Analysis

14.3.6     Key Developments

14.4      DiDi Global Inc.

14.4.1     Key Facts

14.4.2     Business Description

14.4.3     Products and Services

14.4.4     Financial Overview

14.4.5     SWOT Analysis

14.4.6     Key Developments

14.5      Gett

14.5.1     Key Facts

14.5.2     Business Description

14.5.3     Products and Services

14.5.4     Financial Overview

14.5.5     SWOT Analysis

14.5.6     Key Developments

14.6      TUKTUK RIDE

14.6.1     Key Facts

14.6.2     Business Description

14.6.3     Products and Services

14.6.4     Financial Overview

14.6.5     SWOT Analysis

14.6.6     Key Developments

14.7      Uber Technologies Inc.

14.7.1     Key Facts

14.7.2     Business Description

14.7.3     Products and Services

14.7.4     Financial Overview

14.7.5     SWOT Analysis

14.7.6     Key Developments

15.        Appendix

15.1      About The Insight Partners

15.2      Word Index

 


 

LIST OF TABLES

Table 1.             Europe Ride-Hailing Service Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2.             Europe: Ride-Hailing Service Market- By Key Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Germany: Ride-Hailing Service Market- By Service Type –Revenue and Forecast to 2028 (US$ Million)

Table 4.             Germany: Ride-Hailing Service Market- By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 5.             Germany: Ride-Hailing Service Market- By Location –Revenue and Forecast to 2028 (US$ Million)

Table 6.             Germany: Ride-Hailing Service Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 7.             France: Ride-Hailing Service Market- By Service Type –Revenue and Forecast to 2028 (US$ Million)

Table 8.             France: Ride-Hailing Service Market- By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 9.             France: Ride-Hailing Service Market- By Location –Revenue and Forecast to 2028 (US$ Million)

Table 10.          France: Ride-Hailing Service Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 11.          Italy: Ride-Hailing Service Market- By Service Type –Revenue and Forecast to 2028 (US$ Million)

Table 12.          Italy: Ride-Hailing Service Market- By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 13.          Italy: Ride-Hailing Service Market- By Location –Revenue and Forecast to 2028 (US$ Million)

Table 14.          Italy: Ride-Hailing Service Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 15.          UK: Ride-Hailing Service Market- By Service Type –Revenue and Forecast to 2028 (US$ Million)

Table 16.          UK: Ride-Hailing Service Market- By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 17.          UK: Ride-Hailing Service Market- By Location –Revenue and Forecast to 2028 (US$ Million)

Table 18.          UK: Ride-Hailing Service Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 19.          Russia: Ride-Hailing Service Market- By Service Type –Revenue and Forecast to 2028 (US$ Million)

Table 20.          Russia: Ride-Hailing Service Market- By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 21.          Russia: Ride-Hailing Service Market- By Location –Revenue and Forecast to 2028 (US$ Million)

Table 22.          Russia: Ride-Hailing Service Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 23.          Rest of Europe: Ride-Hailing Service Market- By Service Type –Revenue and Forecast to 2028 (US$ Million)

Table 24.          Rest of Europe: Ride-Hailing Service Market- By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 25.          Rest of Europe: Ride-Hailing Service Market- By Location –Revenue and Forecast to 2028 (US$ Million)

Table 26.          Rest of Europe: Ride-Hailing Service Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 27.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           Europe Ride-Hailing Service Market Segmentation

Figure 2.           Europe Ride-Hailing Service Market Segmentation – By Country

Figure 3.           Europe Ride-Hailing Service Market Overview

Figure 4.           E-Hailing Segment is Growing with Highest CAGR in 2020

Figure 5.           Four-Wheeler Held the Largest Market Share in 2020

Figure 6.           Europe Ride-Hailing Service Market, By Country

Figure 7.           Europe – PEST Analysis

Figure 8.           Europe Ride-Hailing Service Market– Ecosystem Analysis

Figure 9.           Expert Opinions

Figure 10.        Europe Ride-Hailing Service Market: Impact Analysis of Drivers and Restraints

Figure 11.        Europe Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Europe: Ride-Hailing Service Market Revenue Share, By Service Type (2020 and 2028)

Figure 13.        E-hailing: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Car Sharing: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Car Rental: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Station-based Mobility: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Europe: Ride-Hailing Service Market Revenue Share, By Vehicle Type (2020 and 2028)

Figure 18.        Two-Wheeler: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Three-Wheeler: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Four-Wheeler: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Others: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Europe: Ride-Hailing Service Market Revenue Share, By Location (2020 and 2028)

Figure 23.        Urban: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Rural: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Europe: Ride-Hailing Service Market Revenue Share, By End-User (2020 and 2028)

Figure 26.        Institutional: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Personal: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Geographic Overview of Europe Ride-Hailing Service Market

Figure 29.        Europe: Ride-Hailing Service Market Revenue Share, By Key Country (2020 and 2028)

Figure 30.        Germany: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        France: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Italy: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        UK: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34.        Russia: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35.        Rest of Europe: Ride-Hailing Service Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36.        Impact of COVID-19 Pandemic in Europe Country Markets

  1. Daimler AG        
  2. Delphi Technologies Plc.                                                                                      
  3. Uber Technologies Inc.                                                                                         
  4. Didi Global Inc.               
  5. Gett                                                                                                                                      
  6. ANI Technologies Pvt. Ltd.                                                                                   
  7. TukTuk Ride                                                                                                                 
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe ride-hailing service market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe ride-hailing service market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the ride-hailing service market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
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