Growing
population, increasing traffic congestions, rising urbanization and reduction
in auto control, to drive the Australia Mobility on Demands Market through 2023
According to
TechSci Research report, “Australia
Mobility on Demand Market,
By Vehicle Type (Passenger Car Vs. Two-Wheeler), By Internet Connectivity Type
(3G, 4G, Wi-Fi, and 5G), By Service Type (E-hailing, Ride Sharing, and Car
Rental), By Vehicle Connectivity Type (V2P, V2I, V2V, and Others), By Company
Forecast & Opportunities, 2023”,
Australia Mobility on Demand market is expected to grow at a CAGR of over 12%
by 2023 owing to rising demand for convenience & cost savings automobile,
growing population and rising urbanization. Moreover, growing traffic
congestions, continuous initiatives being taken by several vehicles
manufacturing players and increasing inclination of consumers drives the
Australia Mobility on Demand market. Furthermore, rising demand for real-time
data drives the Australia Mobility on Demand over the next five years as well.
Browse market data Tables and Figures spread through 110 Pages and an in-depth TOC on “Australia Mobility on Demand Market”
https://www.techsciresearch.com/report/australia-mobility-on-demand-market/1726.html
Moreover, the
volatility of fuel prices coupled with the rising need for reducing Carbon
dioxide emission from vehicles that cause air pollution will ensure robust
growth of the Australia Mobility on Demands market during forecast period.
Additionally, increasing government initiatives like the Product Emissions
Standards Act 2017 involves framework for managing non-road diesel engine
emissions by the end of 2019, encourages citizens to share rides and switch to
taxies and cabs, and is likely to drive the growth of Australia Mobility on
Demand Market by 2023.
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Based on vehicle type, the Australia Mobility
on Demand Market is segmented into Passenger Cars as well as Two-wheelers. The Passenger Car segment
is expected to lead the market in the next five years owing to the increasing
adoption due to ease of booking, safety factors associated with four-wheelers
and reduction in travel fare due to the use of shared rides.
BMW AG, Lyft,
Toyota Motor Corporation, IBM Corporation, General Motors Co., Robert Bosch
GmbH, Uber Technologies Inc etc, are major companies operating in Mobility on Demands, in Australia.
New-South Wales leads the Mobility on Demands market in 2017, in
Australia on the back of increasing population, growing technological
advancements in hailing technologies as well as the ease of booking rides
through either 3G, 4G or Wi-Fi. Alternatively, the rising fuel prices has
propelled the users to switch to shared transport, driving the mobility on
demand market.
“The rising
popularity of carpooling or sharing, reduction of travelling expense and positive
impact on the atmosphere by lowering the emissions of greenhouse gases are
likely to drive the growth of the market in the coming years. Moreover, the
ease of booking with the introduction of 4G coupled with the growing popularity
of IoT will drive the Mobility on Demands market through 2023. Owing
to the huge potential in the country, key players are investing heavily to
develop their mobility on demand services network”, said Mr. Karan Chechi,
Research Director with TechSci Research, a research based Global management
consulting firm.
“Australia Mobility
on Demand Market,
By Vehicle Type (Passenger Car Vs. Two-Wheeler), By Internet Connectivity Type
(3G, 4G, Wi-Fi, and 5G), By Service Type (E-hailing, Ride Sharing, and Car
Rental), By Vehicle Connectivity Type (V2P, V2I, V2V, and Others), By Company
Forecast & Opportunities, 2023” has
evaluated the future growth potential of Australia Mobility on Demands market
and provides statistics and information on market size, structure and future
market growth. The report offers decision makers superior market intelligence,
thereby enabling them conduct thorough investment appraisal. Besides, the
report also analyzes the
evolving market inclinations along with indispensable drivers, challenges and
opportunities in Australia Mobility on Demands Market.
Contact
Mr. Ken Mathews
708
Third Avenue,
Manhattan,
NY,
New
York – 10017
Tel:
+1-646-360-1656
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