- More than 200 Traditional and 24 P2P CSOs to Boost Carsharing Growth in Europe by 2015

LONDON, July 5, 2012 /PRNewswire/ -- Carsharing is a new mobility concept (and in the UK also referred to as 'car clubs') promising tremendous success and offering new and innovative business opportunities for car manufacturers as well as transport operators. There were more than 0.7 million members in Europe alone who adopted carsharing as a sustainable transport solution for daily travelling at the end of 2011. Car OEMs as well as transport operators have started to get active in this market, increasing competition for already existing market players.

To understand, why not only Western Europe but also Central and Eastern Europe is keen to adopt carsharing, Frost & Sullivan will hold a complimentary web conference, entitled Growing Traditional and P2P Carsharing Services Key to Future of Urban Mobility in Europe, taking place on Wednesday, 25 July 2012, at 3 p.m. BST. Industry Analyst Vishwas Shankar, will provide a strategic overview and analysis of the current and future of traditional as well as P2P carsharing services in Europe. He will present details on key markets, participants, market size, growth potential, drivers and restraints and inform about operator announcements regarding their upcoming carsharing programmes in the region.

To participate in this complimentary web conference, please email Katja Feick at katja.feick@frost.com with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

This web conference provides an opportunity to interact via a dedicated question and answer session to get insights into specific issues regarding the European carsharing market. Participating in this web conference will benefit carsharing operators, automotive OEMs and transport operators by comprehending the competitive landscape while eyeing market expansion. New market participants will understand growth potentials while preparing their market entry. City planners will receive a better overview of the market for their activities to integrate carsharing schemes into their respective city transport solutions.

Conglomerate group companies like parking space management operators, electric vehicle recharge infrastructure providers and alike are invited to attend this web conference to understand how they can benefit from integrating carsharing services into their offerings.

"Traditional carsharing in Europe is expected to grow at a healthy 40 per cent CAGR from now to nearly 15 million members by 2020," says Mr. Shankar. "While more than 200 traditional carsharing operators are key to the expansion of the market, focused entry and expansion by various transport operators and vehicle OEMs in specified European markets is important for an accelerated growth. Emerging new business models like one-way, flexible (station-less) as well as pay-per-use carsharing is expected to attract a value for many", he concludes.

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Contact:
Katja Feick
Corporate Communications – Europe
P: +49-(0)-69-7703343
E: katja.feick@frost.com 
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SOURCE Frost & Sullivan