Indian Shared Mobility Growth Opportunities

Indian Shared Mobility Growth Opportunities

New Use Cases Will Emerge and Fleets Will Become Electrified

RELEASE DATE
20-Jan-2022
REGION
South Asia, Middle East & North Africa
Research Code: PC4A-01-00-00-00
SKU: AU02281-SA-MT_26186
$4,950.00
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$4,950.00
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Description

This Frost & Sullivan research service assesses growth opportunities in the Indian shared mobility market: ride hailing, car sharing, ride sharing, bike taxi, scooter sharing, bike sharing, rickshaw sharing, and demand-responsive transit (DRT). It dives deep into the approaches that market participants take toward achieving end-to-end mobility solutions and services.

Frost & Sullivan projects the shared mobility fleet size to grow from 7.02 million in 2021 to 9.70 million by 2027 at a compound annual growth rate of 5.5%. The lack of adequate public transit infrastructure in many cities has meant more private 2- and 4-wheelers on roads, resulting in more congestion and pollution. While the COVID-19 pandemic caused a dramatic decline in vehicle use for work and recreation, the easing of travel restrictions is already reversing the trend. The pandemic forced mobility companies to explore alternative business opportunities such as tie-ups with eCommerce and food delivery services, which reduced dependency on passenger revenue during lockdowns as customers expressed concerns about health and safety. Shared mobility, however, is seen as more attractive to public transit as a way to practice social distancing. Another trend is fleet electrification, which is driven by the Indian government’s target to achieve 50% vehicle electrification by 2030 and the growing demand for emission-free vehicles. Rapidly increasing urbanization in the country presents an opportunity in the long run for an integrated, multimodal transport system.

Research Scope

  • Definitions and market segmentation
  • Analysis of shared mobility segments
  • Market trends
  • Impact of the COVID-19 pandemic
  • Overview of select market participants
  • Growth opportunities with calls to action

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on India’s Shared Mobility Market

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Market Segmentation

Key Competitors

Macroeconomic Overview

Gross Domestic Product (GDP) Analysis

Impact of Mega Trends

Public Transit Infrastructure

Impact of COVID-19 and Shift in Mobility Patterns

Growth Metrics

Growth Drivers

Growth Restraints

Forecast Assumptions

Shared Mobility Vehicles in Operation (VIO) and GMV Forecast

Shared Mobility VIO Forecast

Forecast Analysis

Shared Mobility GMV Forecast

Forecast Analysis

Taxi Market Structure in India

Growth Metrics

Taxi Market VIO and GMV Forecast

VIO Forecast

Forecast Analysis

GMV Forecast

Forecast Analysis

Market Trends

Market Trends (continued)

Impact of COVID-19

Competitive Landscape

Case Study of Electric Taxi Company—BluSmart Mobility Profile

BluSmart Mobility Profile—EV Adoption

BluSmart Mobility Initiatives

Car-sharing Structure in India

Growth Metrics

Car Sharing VIO and GMV Forecast

Forecast Analysis

Market Trends

Impact of COVID-19

Competitive Landscape

Case Study—Zoomcar Profile

Zoomcar Initiatives

Ride-sharing Market Structure in India

Growth Metrics

GMV Forecast

Forecast Analysis

Market Trends

Impact of COVID-19

Competitive Landscape

Case Study: Quick Ride Profile

Quick Ride Initiatives

Bike Taxi Market Structure in India

Growth Metrics

Bike Taxi VIO and GMV Forecast

Forecast Analysis

Market Trends

Impact of COVID-19

Competitive Landscape

Case Study—Rapido Profile

Rapido Initiatives

Scooter-sharing Market Structure in India

Growth Metrics

Scooter-sharing VIO and GMV Forecast

Forecast Analysis

Market Trends

Impact of COVID-19

Impact of COVID-19 (continued)

Competitive Landscape

Case Study—Bounce Profile

Bounce Initiatives

Bounce Initiatives (continued)

Bike-sharing Market Structure in India

Growth Metrics

Bike-sharing VIO and GMV Forecast

Forecast Analysis

Market Trends

Impact of COVID-19

Competitive Landscape

Case Study—Yulu Profile

Yulu Initiatives

Rickshaw-sharing Market Structure in India

Growth Metrics

Rickshaw-sharing VIO and GMV Forecast

VIO Forecast

Forecast Analysis

GMV Forecast

Forecast Analysis

Market Trends

Market Trends (continued)

Impact of COVID-19

Competitive Landscape

Case Study—Jugnoo Profile

Jugnoo Initiatives

DRT Market Structure in India

Growth Metrics

VIO Forecast

Forecast Analysis

Market Trends

Market Trends (continued)

Impact of COVID-19

Competitive Landscape

Case Study—Cityflo Profile

Growth Opportunity 1—Emergence of New Use Cases Will Drive the Growth of India’s Shared Mobility Market

Growth Opportunity 1—Emergence of New Use Cases Will Drive the Growth of India’s Shared Mobility Market (continued)

Growth Opportunity 2—Electrification of Fleets Will See an Uptake

Growth Opportunity 2—Electrification of Fleets Will See an Uptake (continued)

Growth Opportunity 3—Multimodal Integration Will Transform India’s Shared Mobility Market

Growth Opportunity 3—Multimodal Integration Will Transform India’s Shared Mobility Market (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

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Related Research
This Frost & Sullivan research service assesses growth opportunities in the Indian shared mobility market: ride hailing, car sharing, ride sharing, bike taxi, scooter sharing, bike sharing, rickshaw sharing, and demand-responsive transit (DRT). It dives deep into the approaches that market participants take toward achieving end-to-end mobility solutions and services. Frost & Sullivan projects the shared mobility fleet size to grow from 7.02 million in 2021 to 9.70 million by 2027 at a compound annual growth rate of 5.5%. The lack of adequate public transit infrastructure in many cities has meant more private 2- and 4-wheelers on roads, resulting in more congestion and pollution. While the COVID-19 pandemic caused a dramatic decline in vehicle use for work and recreation, the easing of travel restrictions is already reversing the trend. The pandemic forced mobility companies to explore alternative business opportunities such as tie-ups with eCommerce and food delivery services, which reduced dependency on passenger revenue during lockdowns as customers expressed concerns about health and safety. Shared mobility, however, is seen as more attractive to public transit as a way to practice social distancing. Another trend is fleet electrification, which is driven by the Indian government’s target to achieve 50% vehicle electrification by 2030 and the growing demand for emission-free vehicles. Rapidly increasing urbanization in the country presents an opportunity in the long run for an integrated, multimodal transport system.--BEGIN PROMO--

Research Scope

  • Definitions and market segmentation
  • Analysis of shared mobility segments
  • Market trends
  • Impact of the COVID-19 pandemic
  • Overview of select market participants
  • Growth opportunities with calls to action
More Information
No Index No
Podcast No
Author Mradula Sharma
Industries Automotive
WIP Number PC4A-01-00-00-00
Is Prebook No
GPS Codes 9800-A6,9AF6-A6