Latest news with #carpooling
Yahoo
03-07-2025
- Automotive
- Yahoo
Corporate Car Pooling Programs Gain Traction Amid Rising Sustainability Goals, Asia-Pacific and Latin America Emerge as Strong Growth Markets
By 2025, the car pooling market is valued at $11.2 billion and is projected to reach $36.4 billion by 2034, growing at a CAGR of 14.0%. With digital tech integration and rising environmental awareness, regions like Europe and North America lead adoption, while Asia-Pacific and Latin America show strong growth potential. Car Pooling Market Dublin, July 03, 2025 (GLOBE NEWSWIRE) -- The "Car Pooling Market Outlook 2025-2034" report has been added to Pooling Market is valued at USD 11.2 billion in 2025. Further the market is expected to grow by a CAGR of 14.0% to reach global sales of USD 36.4 billion in 2034 The car pooling market has emerged as a sustainable and cost-effective transportation solution for individuals and communities. By allowing multiple passengers to share a single vehicle for similar routes or destinations, car pooling reduces the number of cars on the road, lowers transportation costs, and minimizes environmental impact. As urban areas face growing congestion and pollution challenges, car pooling offers an attractive alternative to solo driving. Recent advancements in digital technology have significantly boosted the car pooling market. Mobile apps and online platforms now facilitate seamless coordination, making it easier for drivers and passengers to connect, schedule rides, and share expenses. These platforms also incorporate real-time navigation, secure payment systems, and user reviews, enhancing trust and convenience. Additionally, corporate car pooling initiatives have gained traction as businesses seek to reduce commuting costs and promote environmentally friendly practices among Europe and North America have been early adopters of car pooling services, supported by robust public transit infrastructure, high smartphone penetration, and environmental awareness. However, Asia-Pacific and Latin America are emerging as strong growth markets, driven by increasing urbanization, rising fuel prices, and greater acceptance of shared mobility solutions. As governments and businesses continue to promote sustainable transportation and consumers become more comfortable with ride-sharing, the car pooling market is expected to expand further in the years to come. Car Pooling Market AnalyticsThe research analyses various direct and indirect forces that can impact the Car Pooling market supply and demand conditions. The parent market, derived market, intermediaries' market are analyzed to evaluate the full supply chain and possible alternatives and substitutes. Geopolitical analysis, demographic analysis, and Porter's five forces analysis are prudently assessed to estimate the best Car Pooling market deals and developments are considered for their potential impact on Car Pooling's future business. Other metrics analyzed include Threat of New Entrants, Threat of Substitutes, Degree of Competition, Number of Suppliers, Distribution Channel, Capital Needed, Entry Barriers, Govt. Regulations, Beneficial Alternative, and Cost of Substitute in Car Pooling Pooling trade and price analysis helps comprehend Car Pooling's international market scenario with top exporters/suppliers and top importers/customer information. The data and analysis assist our clients in planning procurement, identifying potential vendors/clients to associate with, understanding Car Pooling price trends and patterns, and exploring new Car Pooling sales Pooling Market Competitive IntelligenceThe proprietary company's revenue and product analysis model unveils the Car Pooling market structure and competitive landscape. Company profiles of key players with a business description, product portfolio, SWOT analysis, Financial Analysis, and key strategies are covered in the report. It identifies top-performing Car Pooling products in global and regional markets. New Product Launches, Investment & Funding updates, Mergers & Acquisitions, Collaboration & Partnership, Awards and Agreements, Expansion, and other developments give our clients the Car Pooling market update to stay ahead of the offerings in different segments across Asia-Pacific, Europe, Middle East, Africa, and South and Central America are presented to better understand the company strategy for the Car Pooling market. The competition analysis enables the user to assess competitor strategies and helps align their capabilities and resources for future growth prospects to improve their market Insights Car Pooling Market Integration of AI and machine learning algorithms to optimize ride matching. Increasing use of mobile apps and digital payment systems for seamless transactions. Expansion of corporate car pooling programs for employee commuting. Rising interest in electric and hybrid vehicle-based car pooling services. Growing adoption of subscription-based car pooling services for frequent travelers. Increasing urban congestion and rising fuel prices. Growing consumer preference for cost-effective and environmentally friendly transportation options. Technological advancements enabling better ride matching and route optimization. Supportive government initiatives and incentives for shared mobility solutions. Difficulty in achieving critical mass of users in less densely populated areas. Concerns over rider and driver safety, privacy, and data security. Competition from ride-hailing services and public transportation networks. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $11.2 Billion Forecasted Market Value (USD) by 2034 $36.4 Billion Compound Annual Growth Rate 13.9% Regions Covered Global Companies Featured Uber Technologies Inc. Didi Chuxing Technology Co. Ltd. Karos Inc. Lyft Inc. Grab Holdings Inc. Carma Inc. car2go Europe GmbH Via Transportation Inc. Waze Carpool BlaBlaCar Inc. Getaround Inc. Scoop Technologies Inc. Wunder Carpool Inc. Cambio CarSharing Inc. GoMore Aps Ryde Inc. Liftshare Inc. Nuride Inc. SRide Carpool Services Private Limited SnappCar BV Hitch Technologies Inc. Ridejoy Inc. Carpoolworld Inc. Cowlines JustShareIt Inc. Velocia Inc. Meru Carpool Inc. Zimride Inc. Splitting Fares Inc. ShareRing Inc. ANI Technologies Private Limited Zify Tech Solutions Pvt. Ltd Car Pooling Market Segmentation By Type App-based Carpooling By Car Type Executive Luxury By Application Individuals Schools Other Applications By Geography North America (USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC) The Middle East and Africa (Middle East, Africa) South and Central America (Brazil, Argentina, Rest of SCA) For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Car Pooling Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Wall Street Journal
16-06-2025
- Wall Street Journal
Israel Warns Tehran District to Evacuate as Residents Flee Iran's Capital
The Israeli military said an entire Tehran neighborhood should evacuate ahead of planned strikes there, as residents of Iran's capital piled onto roads heading north to seek shelter from the fourth day of bombardment. Iranians are now carpooling away from one of the most active war zones in the country, sharing rides with strangers they meet via social media. Rustic guesthouses and wedding venues have thrown their doors open to displaced people, offering rooms free or at steep discounts, according to social-media posts. Some lodging sites hundreds of miles from the capital have already filled up.
CBS News
30-05-2025
- General
- CBS News
MDOT invites I-75 travelers to respond to survey on HOV lanes
The Michigan Department of Transportation is asking motorists who use the high-occupancy vehicle lanes of Interstate 75 to participate in a survey on how the feature is working for them. The HOV lanes on I-75 are in Oakland County, between 12 Mile Road and South Boulevard. During the designated hours, which are weekdays from 6 to 9 a.m. and 3 to 6 p.m., vehicles must have at least two people occupying the vehicle in order to use the lane. Emergency vehicles, transit buses and motorcycles also can use the HOV lane, regardless of how many people are rising. The survey is open until June 30 to anyone who live or works nearby, and travels along the HOV feature. This 14-mile section has the first HOV designated lanes in Michigan. The intentions were to reduce congestion, promote carpooling and improve travel time.
