#Philippines Car leasing sector

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Philippines car rental market is in the growing stage, driven by the increase in disposable income and the rising demand from tourist activities: Ken Research

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With the Covid’19 pandemic getting over and removal of travel restrictions, the market is again picking up and is expected to continue growing in the coming years as renting a car for travel is faster and more convenient than public transport or other means to get around the city.

Covid Impact on Market: Before the pandemic, between 2017 and 2019, the market was surging at a steady rate as the service was becoming more popular among users due to its affordability and convenience and higher internet penetration. Post pandemic, the market demand was highly impacted and negatively affected. The long duration of lockdowns forced companies to lay off the vehicles to reduce their loss and hence, the fleet size decreased.

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Demand from Tourist Activities: With the travel restrictions and safety concerns, the tourist movement completely stopped. Along with that, offices were operating remotely, hence there was not much demand in the market. With the removal of travel restrictions, the market is again picking up and is expected to continue growing in the coming years.

Increase in Disposable Income: With an increase in disposable income of people from the previous year, the paying capacity of people have increased. With this people has been spending more than earlier on renting cars.

Analysts at Ken Research in their latest publication “Philippines Car Rental Market Outlook to 2027F - Driven by the increase in tourism and business activities along with deeper internet penetration and adoption of digital services.” observed that the Philippines car sharing market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to increased internet penetration and the adoption of smartphones. The Philippines Car Rental Market is expected to grow at robust CAGR over the forecasted period 2022P -2027F.

Key Segments Covered in the report

Philippines car Rental Market

By Type of Booking

Online market

Offline market

By Type of Car

Small Cars(PHP 3500-7500 / Per trip)

Medium(PHP 3500-7500 / Per trip)

Luxury(PHP 7500+)

By Purpose

Leisure

Business

Philippines Car Leasing Market

By Type of Region

Manila

Luzon

Visayas

Mindanao

By Time Duration

1 year

2 year

3 year

4 or more year

By Vehicle Price Range

Sedan(PHP 20000-35000

SUV(PHP 35000-50000)

Premium(PHP 50000+)

By Type of End User

Corporate

Retail Individuals

Philippines Ride Hailing Market

         By Type of Region

Metropolitan

Non Metropolitan

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Philippines Ride Sharing Market

By Point of Service

Rest Area

At Airport

By Type of Car

Sedan

SUV

By Type of Distance

Short distance

Long distance

Philippines Self-Drive Car Rental Market

By Type of Region

Metro cities

Non metro cities

By Type of Booking Channel

Online

Offline

By Usage

Intercity

Intracity

By Time Period

1-2 days

A week

A month

By Type of Car

Standard (PHP 1500 + / per hour)

Luxury (PHP 1000-4000/24hours)

By Type of Booking Period

Weekend

Weekdays

By Segment of Car

Standard

luxury

By Status of Ownership

Owned

Leased

By Point of Service

At Airport

Rest area

Key Target Audience

Car Rental Service Providers

Car Rental Companies aiming to establish in the Philippines

Philippines Automotive Industries

Government Bodies & Regulating Authorities

Venture Capitalist targeting the car rental market

Automotive industry association

Car Manufacturers

Existing Car Rental Companies

OEM Dealerships

New Market Entrants

Investors

Car Rental Associations

Time Period Captured in the Report:

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022-2027

Companies Covered:

Car Rental

Diamond Rent-a-Car

Luxicar

Voyg

Rent a Car ECLPI

Avis

Hertz

SafeRide

Self-Drive

Europcar

Thrifty

Juzzr Car Rental

Hertz

Voyg

SafeRide

VPI

      Ride Hailing

Grab

JoyRide

Hirna

Maxim

     Ride Sharing

Grab

Hirna

      Car Leasing

Orix

Avis

Diamond Rent-a-Car

Europcar

Herts

ECLPI Rent a Car

Key Topics Covered in the Report

Overview and Genesis of Car Rental Market in Philippines

Ecosystem of Philippines Car Rental Market

Business Cycle of Philippines Car Rental Market

Timeline of Major Players of Philippines Car Rental Market

Value Chain Analysis of Philippines Car Rental Market

Philippines Car Rental Market Sizing, 2017- 2022

Market Segmentations of Car Rental Market in Philippines

Snapshots on different Car Rental Markets in Philippines

Industrial Analysis of Car Rental Market in Philippines

Competitive Analysis of Car Rental Market in Philippines

Future Outlook and Projections of Car Rental Market in Philippines

For More Insights On Market Intelligence, Refer to the Link Below: –

Philippines Car Rental Market Outlook to 2027

Related Reports by Ken Research: –

Vietnam Car Rental Market Outlook to 2027F

Belgium Car Rental Market Outlook 2027F

[rdagade]

Japan Electric Vehicle Market

Japan Electric Vehicle Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2027, reaching US$ XX Mn.

Japan Electric Vehicle Market

Japan Electric Vehicle Market:

Owing to looming environmental distresses including pollution & traffic congestion in Asia Pacific, a large focus is now on the Asian market with 56 percent of electric vehicle sales coming from East Asia & 37 percent of Southeast Asia open to electric vehicle purchase. As a result, governments in the region including Singapore, Malaysia, Thailand, Philippines & Indonesia, are pushing for electric vehicle initiatives as a more energy-efficient, cost-effective & sustainable solution in public & private transportation. However, challenges like starting electric vehicle-ready infrastructure, low uptake of electric vehicles owing to buyers concerns & the slow electrification of mass transport still stand in the way of representing full-scale electric vehicle adoption.

As international automakers race to put long range EVs on roads among stricter emission laws, Japanese competitors are taking a niche approach & steering towards cheaper, small sized runabouts to make costly battery technology more accessible. Toyota Motor, Nissan & others have started manufacturing one and two-seater electric vehicles for short distances with limited top speeds. They are claiming that such electric vehicles are best for Japan’s narrow streets, overcrowded parking spaces & rapidly ageing society & the vehicles will ultimately catch on globally too as the elderly population grows.

The Japanese strategy is in divergence to that of General Motors, Volkswagen & other global key players who are converging on normal sized passenger vehicles, with SUVs, to race with the top selling Tesla Model 3 EV sedan. Japan’s key automaker, which established green car technologies with the Prius gasoline hybrid more than 20 years ago, has long claimed that all-battery electric vehicles are best suited for short trips owing to high battery costs.

Nissan LEAF sales decreased in Japan, compared to previous years:

December 2019 finally carries some growth for Nissan LEAF sales in its home market, but that's mostly because of the low base of December 2018. With 1,157 sales November 2019 (up 154% YoY), the LEAF closed the year 2019 in Japan with 19,789 sales .The total result is 23 percent lower than in the record year 2018, but on the positive side, it's still the second-best year for the LEAF in Japan ever. There is also no other BEV even close to the LEAF. After more than nine years on the market, Nissan sold 134,930 LEAFs in Japan, but the long-term progress (aside 2015 & 2018) is kind of slow & steady.

Japan Electric Vehicle Market1

Trends in Japan:

BEVs began arriving in the market with the introduction of Mitsubishi i-MiEV in 2009. The Nissan Leaf soon followed, which is one of the most key players BEVs in the world, in 2010. In 2010 when sales of Nissan Leaf first started, the driving range per charge was at 200km. After 7 years, the range doubled to 400km, after the battery capacity upgraded.

A new vehicle that solves the problem with driving range per charge of BEVs & combines the best features of both BEVs & HEVs entered the market in the 2012 the PHEV. During short distance driving, PHEVs use the electric charge taken from an external charger in the same way BEVs do, & during long distance driving, it switches to HEV using gas. In 2014, Toyota MIRAI was introduced to the market as the first commercial model FCEV. Honda soon followed suit with its very own CLARITY FUEL CELL, made available for leasing in 2016. Hydrogen, the fuel, is packed into 70MPa pressurized hydrogen tanks. The driving range is over 600km, only requiring 3 min. to fill the tank, making the usability comparable to that of gasoline-powered vehicles

The objective of the report is to present a comprehensive analysis of the Japan Electric Vehicle Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Japan Electric Vehicle Market dynamics, structure by analyzing the market segments and project the Japan Electric Vehicle Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Japan Electric Vehicle Market make the report investor’s guide.

For more information visit@ https://www.maximizemarketresearch.com/market-report/japan-electric-vehicle-market/64280/

Japan Electric Vehicle Market, By Type

• BEV • PHEV • HEV Japan Electric Vehicle Market, By Vehicle Type

• Two Wheeler • Passenger Car • Commercial Vehicle Japan Electric Vehicle Market Key Players

• BMW • Mercedes Benz • Bollinger • Bollore • Microlino • Mistubishi • Nissan • Peugeot • Smart • Tesla • ABB • Eaton • AVL • Alfen • Delphi Automotive • Volkswagen.

This report submitted by Maximize market Research Company

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact info:

Name: Lumawant Godage

Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.

Email: sales@maximizemarketresearch.com

Address: Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India.

Contact: +919607195908

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Philippines Car Rental Market is driven by Rise in Urban Population, Changing Social Habits of Local People and Emergence of New Players: Ken Research

Philippines Car Rental Market is driven by Rise in Urban Population, Changing Social Habits of Local People and Emergence of New Players: Ken Research

“A steady increase in the demand for premium category cars and an increase in migrants from China due to a Pro China Policy have been driving the Car Rental Market in Philippines”.

Increase in the Number of Tourist Arrival: There has been an increase in the number of tourists arriving in the country. From 4.7 million in 2013, the number of tourists arriving in the country has increased to 7.1…

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Japan Electric Vehicle Market- Industry Analysis and forecast 2027:

Japan Electric Vehicle Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2027, reaching US$ XX Mn.

Japan Electric Vehicle Market: Owing to looming environmental distresses including pollution & traffic congestion in Asia Pacific, a large focus is now on the Asian market with 56 percent of electric vehicle sales coming from East Asia & 37 percent of Southeast Asia open to electric vehicle purchase. As a result, governments in the region including Singapore, Malaysia, Thailand, Philippines & Indonesia, are pushing for electric vehicle initiatives as a more energy-efficient, cost-effective & sustainable solution in public & private transportation. However, challenges like starting electric vehicle-ready infrastructure, low uptake of electric vehicles owing to buyers concerns & the slow electrification of mass transport still stand in the way of representing full-scale electric vehicle adoption. As international automakers race to put long range EVs on roads among stricter emission laws, Japanese competitors are taking a niche approach & steering towards cheaper, small sized runabouts to make costly battery technology more accessible. Toyota Motor, Nissan & others have started manufacturing one and two-seater electric vehicles for short distances with limited top speeds. They are claiming that such electric vehicles are best for Japan’s narrow streets, overcrowded parking spaces & rapidly ageing society & the vehicles will ultimately catch on globally too as the elderly population grows. The Japanese strategy is in divergence to that of General Motors, Volkswagen & other global key players who are converging on normal sized passenger vehicles, with SUVs, to race with the top selling Tesla Model 3 EV sedan. Japan’s key automaker, which established green car technologies with the Prius gasoline hybrid more than 20 years ago, has long claimed that all-battery electric vehicles are best suited for short trips owing to high battery costs. Nissan LEAF sales decreased in Japan, compared to previous years: December 2019 finally carries some growth for Nissan LEAF sales in its home market, but that's mostly because of the low base of December 2018. With 1,157 sales November 2019 (up 154% YoY), the LEAF closed the year 2019 in Japan with 19,789 sales .The total result is 23 percent lower than in the record year 2018, but on the positive side, it's still the second-best year for the LEAF in Japan ever. There is also no other BEV even close to the LEAF. After more than nine years on the market, Nissan sold 134,930 LEAFs in Japan, but the long-term progress (aside 2015 & 2018) is kind of slow & steady.

Trends in Japan: BEVs began arriving in the market with the introduction of Mitsubishi i-MiEV in 2009. The Nissan Leaf soon followed, which is one of the most key players BEVs in the world, in 2010. In 2010 when sales of Nissan Leaf first started, the driving range per charge was at 200km. After 7 years, the range doubled to 400km, after the battery capacity upgraded. A new vehicle that solves the problem with driving range per charge of BEVs & combines the best features of both BEVs & HEVs entered the market in the 2012 the PHEV. During short distance driving, PHEVs use the electric charge taken from an external charger in the same way BEVs do, & during long distance driving, it switches to HEV using gas. In 2014, Toyota MIRAI was introduced to the market as the first commercial model FCEV. Honda soon followed suit with its very own CLARITY FUEL CELL, made available for leasing in 2016. Hydrogen, the fuel, is packed into 70MPa pressurized hydrogen tanks. The driving range is over 600km, only requiring 3 min. to fill the tank, making the usability comparable to that of gasoline-powered vehicles The objective of the report is to present a comprehensive analysis of the Japan Electric Vehicle Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Japan Electric Vehicle Market dynamics, structure by analyzing the market segments and project the Japan Electric Vehicle Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Japan Electric Vehicle Market make the report investor’s guide. Japan Electric Vehicle Market, By Type • BEV • PHEV • HEV Japan Electric Vehicle Market, By Vehicle Type • Two Wheeler • Passenger Car • Commercial Vehicle Japan Electric Vehicle Market Key Players • BMW • Mercedes Benz • Bollinger • Bollore • Microlino • Mistubishi • Nissan • Peugeot • Smart • Tesla • ABB • Eaton • AVL • Alfen • Delphi Automotive • Volkswagen.

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Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.</p>

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[rentacarjlt]

Jumeirah Lake Tower Dubai

For what's high fine (lake jumeirah tower)? This is just like Dubai, which has changed its appearance profitably; the lake jumeirah tower can not be recognized by means of using a small institution of stars, the outstanding, social sports, and 10 years faster. Finally, this is the center of growth, with plenty of intake, nightlife, enjoyable and growing. In addition, there can be each signal that the existence of the tower will pass an boom for the amazing. If you're new to the location, a resident who goals an more and more essential excursion of area or thinks of moving to the street. 

Are you interested in hiring a professional car rental Dubai Company to fulfill your traveling needs? Or tired of hiring non-professional Car Hire services, if yes, you surely can select a professional car rental company in this regard. Most professional car rental companies have a team of experienced chauffeurs, who you can hire if you don’t have the idea of the city routes. If you need to hire cheap car rental Dubai services, you certainly need to select a professional rental company that is offering different car rental packages from which you can select according to your budget. 

Bistro and eating place

This is percent of honest bistro stores and espresso. Experienced and gifted culinary executives pop out of different sectors to get exceptional establishments because of the truth the necessities are substances which might be coordinated in coffee stores within the same way, Thailand, Ireland, Philippines, Turkey, Turkey, China, India, Italy, continent, Pakistan, Canada, spices, salty, sweet and a few bigger. Non-stop meals for dinner inside the morning, casual dinner, snacks and irrespective of spending time collectively together with your family might not be closed. Bistros is amassed greater for them approximately Arabic espresso, the date of ingesting tea. 

Beach at the seashore

Beaches and parks are most effective huge enough for sailors, human beings close to, and untouched. Men's and beach stops are a check for yourself of Dubai's greatness. They solidify jumeirah beach homes, hidden seashores, black seashore castles, kite beaches, sunset seashores, and al mamar seashores. Visitors and locals take a seat there to do the sports which can be ordered to weaken and tire each day. At the cessation of the week, they go to this seaside extra frequently with younger human beings and their non-public families. The countless exhilaration urges youngsters to take their mothers and amigos reliably because they all have fun there except if or till the night time they contain them to unfastened the region. Different couples come there to click on on their eye sunset settings due to the fact remembering that long-time period returns experience vibrations they get creative and realize.

JLt is favored

Indeed, staying at home is a new take a look at; Extraordinary luxurious and luxury that might be preferred by way of the character who wants to be destined to preserve the big collaborator that exists. Every couple designs their circle of relatives that has all slight dreams; from solaces to the accountable satisfaction they control for their very own families will meet you with a issue called a place to stay. You can locate there a dependable workplace; for metro transportation open within the place however in case you need to get a excursion bendy constantly you may have institutions from UAE bike apartments. We came with many of us to lease affiliate vehicles in Dubai. 

Teaching Institute Jlt

from an illuminating component of view, it's miles really worth a definitely puzzling vicinity to live or increase incentives thru untouched college college students who want to remain suitable for his or her instructive artwork. First elegance colleges and area assistant schools might be located there from America, Europe, Canada, Russia, France, Germany and Japan. The usual population has a tendency to be in the direction of the extraordinary file. They begin from this factor to come to be a mild of instructive assist. They can get first elegance open portals to allow colleges to undergo their initial and very last costs within the occasion that they win prizes.

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The increase in internet penetration and adoption of smart phones in the country will boost Philippines Car Rental Market: Ken Research

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1.With increase in internet penetration and digital adoption in the country, car rental services are shifting to online platforms for direct bookings and confirmations.

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With the increase in internet penetration and adoption of smart phones, the market for car rental services has expanded, hence becoming easier for people to access.  Ongoing developments in the Philippines car rental market such as integrating Services with Internet of Things, Online Bookings, Unique Business Models, Reliable Personal Identification Process, and Scanned Fingerprints are helping the car rental market to grow. Car rental companies are moving to online platforms for direct bookings and confirmations as internet usage and digital adoption rise throughout the nation. As a result, the procedure is hassle-free and contactless.

2.In the last few years, the mode of booking for car rental services has shifted from offline to online platforms

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In the last few years, the mode of booking for car rental services has shifted to online platforms with 60% bookings being made online. This can be attributed to the increasing internet penetration and familiarity of online bookings across the country along with the easy booking process and time saving benefits of online bookings.

3.The household distribution of vehicle ownership (car/ jeep/ van) is less than 10%.

The household distribution of vehicle ownership (car/ jeep/ van) is less than 10% due to high vehicle ownership costs, maintenance costs and increasing traffic and congestion in urban areas. This provides the car rental industry with a bright future and big potential market to capture.

[rdagade]

Japan Electric Vehicle Market

Japan Electric Vehicle Market

size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2027, reaching US$ XX Mn.  

Japan Electric Vehicle Market: Owing to looming environmental distresses including pollution & traffic congestion in Asia Pacific, a large focus is now on the Asian market with 56 percent of electric vehicle sales coming from East Asia & 37 percent of Southeast Asia open to electric vehicle purchase. As a result, governments in the region including Singapore, Malaysia, Thailand, Philippines & Indonesia, are pushing for electric vehicle initiatives as a more energy-efficient, cost-effective & sustainable solution in public & private transportation.

However, challenges like starting electric vehicle-ready infrastructure, low uptake of electric vehicles owing to buyers concerns & the slow electrification of mass transport still stand in the way of representing full-scale electric vehicle adoption. As international automakers race to put long range EVs on roads among stricter emission laws, Japanese competitors are taking a niche approach & steering towards cheaper, small sized runabouts to make costly battery technology more accessible. Toyota Motor, Nissan & others have started manufacturing one and two-seater electric vehicles for short distances with limited top speeds.

They are claiming that such electric vehicles are best for Japan’s narrow streets, overcrowded parking spaces & rapidly ageing society & the vehicles will ultimately catch on globally too as the elderly population grows. The Japanese strategy is in divergence to that of General Motors, Volkswagen & other global key players who are converging on normal sized passenger vehicles, with SUVs, to race with the top selling Tesla Model 3 EV sedan. Japan’s key automaker, which established green car technologies with the Prius gasoline hybrid more than 20 years ago, has long claimed that all-battery electric vehicles are best suited for short trips owing to high battery costs.

Nissan LEAF sales decreased in Japan, compared to previous years: December 2019 finally carries some growth for Nissan LEAF sales in its home market, but that's mostly because of the low base of December 2018. With 1,157 sales November 2019 (up 154% YoY), the LEAF closed the year 2019 in Japan with 19,789 sales .The total result is 23 percent lower than in the record year 2018, but on the positive side, it's still the second-best year for the LEAF in Japan ever. There is also no other BEV even close to the LEAF. After more than nine years on the market, Nissan sold 134,930 LEAFs in Japan, but the long-term progress (aside 2015 & 2018) is kind of slow & steady.  

Trends in Japan: BEVs began arriving in the market with the introduction of Mitsubishi i-MiEV in 2009. The Nissan Leaf soon followed, which is one of the most key players BEVs in the world, in 2010. In 2010 when sales of Nissan Leaf first started, the driving range per charge was at 200km. After 7 years, the range doubled to 400km, after the battery capacity upgraded.

A new vehicle that solves the problem with driving range per charge of BEVs & combines the best features of both BEVs & HEVs entered the market in the 2012 the PHEV. During short distance driving, PHEVs use the electric charge taken from an external charger in the same way BEVs do, & during long distance driving, it switches to HEV using gas. In 2014, Toyota MIRAI was introduced to the market as the first commercial model FCEV. Honda soon followed suit with its very own CLARITY FUEL CELL, made available for leasing in 2016. Hydrogen, the fuel, is packed into 70MPa pressurized hydrogen tanks.

The driving range is over 600km, only requiring 3 min. to fill the tank, making the usability comparable to that of gasoline-powered vehicles The objective of the report is to present a comprehensive analysis of the Japan Electric Vehicle Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Japan Electric Vehicle Market dynamics, structure by analyzing the market segments and project the Japan Electric Vehicle Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Japan Electric Vehicle Market make the report investor’s guide.

For more information visit@

https://www.maximizemarketresearch.com/market-report/japan-electric-vehicle-market/64280/

Japan Electric Vehicle Market, By Type• BEV • PHEV • HEVJapan Electric Vehicle Market, By Vehicle Type• Two Wheeler • Passenger Car • Commercial VehicleJapan Electric Vehicle Market Key Players• BMW • Mercedes Benz • Bollinger • Bollore • Microlino • Mistubishi • Nissan • Peugeot • Smart • Tesla • ABB • Eaton • AVL • Alfen • Delphi Automotive • Volkswagen.

This report submitted by Maximize market Research Company

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact info:

Name: Lumawant Godage

Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.

Email: sales@maximizemarketresearch.com

Address: Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India.

Contact: +919607195908

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Mobility as a Service Market Global Trends, Growth, Opportunities, Market Size Forecast to 2028|Major Competitors Velocia, Communauto, Beijing Xiaoju Technology Co, Ltd., Citymapper Limited, Cubic Corporation, innovation in traffic systems SE, Mobilleo, BRIDJ Pty Ltd, MOTIONTAG GmbH

Mobility as a service market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to global mobility as a service market This mobility as a service market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the mobility as a service market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Mobility as a service is a consumer-centric model for providing transportation for people. Mobility as a service is also known as MaaS and sometimes referred to as transportation as a service (TaaS). Mobility as a service is the integration of transport methods such as car and bike sharing, taxis and car rentals/leases through digital channels which enables consumers to plan, book and pay for multiple types of mobility services. The main concept of developing MaaS is to offer travellers mobility solutions based on their travel needs. The rising urbanization and smart city initiatives are driving the mobility as a service market growth with increased demand for advanced products having enhanced connectivity and performance. The market players have to meet the regulatory standards of each country in which they are selling their products which is limiting the mobility as a service market growth. The growth of electric vehicles for comfortable and clean transport at a lower cost is creating opportunity for the mobility as a service market. The low awareness of the lifetime cost of private vehicles and service ownership is going to be a major challenge for the mobility as a service market.

Global Mobility as a Service Market, By Service Type (Car Sharing, Bus Sharing, Train, Ride Hailing, Bi-Cycle Sharing, Self-Driving Cars and Others), Solution (Navigation Solutions, Ticketing Solutions, Technology Platforms, Insurance Services, Telecom Connectivity Providers and Payment Engines), Transportation Type (Public and Private), Vehicle Type (Four Wheelers, Bus, Train and Micro Mobility), Application Platform (IOS, Android and Others), Requirement Type (First and Last Mile Connectivity, Off-Peak and Shift Work Commute, Daily Commuter, Airport or Mass Transit Stations Trips, Inter-City Trips and Others), Organization Size (Large Enterprises and Small and Medium Size Enterprises (SMES)), Usage (Commercial and Personal), Country (U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Rest of Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Israel, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America) Industry Trends and Forecast to 2028The mobility as a service market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 33.1% in the forecast period of 2021 to 2028 and is expected to reach USD 711,813.29 million by 2028. Growing adoption of service models with payment system is acting as a major factor for the growth of the mobility as a service market.

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Global Mobility as a Service Market Country Level Analysis:

Global mobility as a service market is analyzed and market size information is provided by the country, service type, solution, transportation type, vehicle type, application platform, requirement type, organization size and usage as referenced above. The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

The countries covered in the global mobility as a service market report are the U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, rest of Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Israel, Egypt, rest of Middle East and Africa, Brazil, Argentina and rest of South America. China dominates the Asia-Pacific mobility as a service market owing to the presence of top mobility as a service (MaaS) providers and the high adoption rate of IoT device for the public across the region. The U.S. is witnessing the expansion of enterprise sector, internet penetration and mobile devices for public segment which is contributing to the growth of the country in the North America mobility as a service market. However, Germany has the growing need of mobility as a service (MaaS) among the business organizations to adhere stringent European government regulations regarding emission control for public which is contributing to the growth of the country in the Europe mobility as a service market.

Mobility as a Service Market Scope and Market Size:

The mobility as a service market is segmented on the basis of service type, solution, transportation type, vehicle type, application platform, requirement type, organization size and usage. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. On the basis of service type, the mobility as a service market is segmented into car sharing, bus sharing, train, ride hailing, bi-cycle sharing, self-driving cars and others. In 2021, ride hailing segment held larger share in the mobility as a service market due to the growing option for booking and comfort which has raise the demand for rail hailing services. On the basis of solution, the mobility as a service market is segmented into navigation solutions, ticketing solutions, technology platforms, insurance services, telecom connectivity providers and payment engines. In 2021, navigation solutions category has accounted for maximum market size due to growing importance of passenger safety and growing concern for minimizing travelling time has increase the demand for navigation solutions. On the basis of transportation type, the mobility as a service market is segmented into public and private. In 2021, public category has accounted for maximum market size due to rising vehicle traffic which has increase the demand for mobility services.

The major players covered in the global mobility as a service market report are Moovit Inc. (a subsidiary of Intel Corporation), UbiGo Innovation AB, MaaS Global Oy, SkedGo Pty Ltd, moovel Group GmbH (a subsidiary of Daimler AG), Velocia, Communauto, Beijing Xiaoju Technology Co, Ltd., Citymapper Limited, Cubic Corporation, innovation in traffic systems SE, Mobilleo, BRIDJ Pty Ltd, MOTIONTAG GmbH, ANI Technologies Pvt. Ltd., Splyt Technologies Ltd., BlaBlaCar, Lyft, Inc., Uber Technologies, Inc., Curb Mobility, GREENLINES TECHNOLOGY INC., EasyMile, Ridecell, Inc, Zoox, Inc. (a subsidiary of Amazon.com, Inc.), Maxi Mobility S.L., Gett, Bolt Technology OÜ among other global and domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 Get Table of Content on Request https://www.databridgemarketresearch.com/toc/?dbmr=global-mobility-as-a-service-market

Reasons for buying this Mobility as a Service Market Report

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This report provides a more rapid standpoint on various driving facets or controlling Medical Robotic System promote advantage.

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The key questions answered in this report:

What will be the Market Size and Growth Rate in the forecast year?

What is the Key Factors driving Laser Mobility as a Service Market?    

What are the Risks and Challenges in front of the market?

Who are the Key Vendors Mobility as a Service Market?  

What are the Trending Factors influencing the market shares?

What is the Key Outcomes of Porter’s five forces model

 Access Full Report https://www.databridgemarketresearch.com/reports/global-mobility-as-a-service-market     

Browse Related Report:

Asia-Pacific Mobility as a Service Market

Middle East and Africa Mobility as a Service Market

Europe Mobility as a Service Market

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[emulatingrizal-blog]

Train to Ubusan: When Your Local Train May Lead You to Harm

Lara Cecilia L. Pono

// Argumentative essay

            The recent reports of the Metro Rail Transit System (MRT3) is of course, one of the reasons to abhor the poor management both by the public and private sectors. With the push-and-pull of ownership and how previously-bought trains ought to be incompatible with train tracks up to passengers being forced to walk on the sides of the railings to get away from the faulty train, the working class, the force encompassing the economy’s framework, is at a loss not just from wasted time, but effort and money. The issue needs to be addressed in a large scale to improve the way of living, as I believe this will indirectly impact the nation’s economic growth.

            You may have been desensitized to this kind of news already, but any update about the MRT3 having technical issues is alarming at best as to how Philippine economy can actually rise above the ongoing march on a mud puddle, where punctuality may determine a person’s academic excellence, economic growth and income.

            Despite the immediate yet rough patchworks done by the previous administrations, the MRT3 has never been better in its rapid decline of quality of service. However, as a main form of transportation for most of the Filipinos within Greater Metro Manila and the surrounding provinces, the wide range of issues affecting travel are being ignored in exchange of hopes of making it to their school, workplace, or home by a significantly lesser amount of time.

Acknowledgment is a response, but not the best for this kind of issue. The government, being a part of this enterprise, must be able to take action without deferral to the private sectors. The infrastructure is being used by the general public, after all.

The MRT3 (or MRT-3), which commonly referred as MRT is the Metro Rail Train System that runs from the Taft Avenue Station in Pasay until the North Avenue Station in Quezon City along the Epifanio de los Santos Avenue (EDSA). Due to recent merges with its kindred LRT, the MRT may also be collectively referred as “Mass Rapid System”, with the particular train line in designated as Yellow Line. This is managed in a partnership by the Department of Transportation (DOTr), a specified part of the then Department of Transportation and Communication, managing the country’s network for transportation systems and services; and by the Metro Rail Transit Company (MRTC) under a Build-Lease-Transfer agreement.

Heavy traffic has been an issue generation after generation, and gets worse over time. The creation of these light rails has helped transit the masses efficiently. More recently, carmaggeddons which generate total gridlocks are being avoided by taking a ride on these trains. Several comparisons made and the MRT3 is an obvious winner in terms of efficiency and costs (CNN Philippines, 2015).

            This system however, was not adaptable to the ever-increasing flow of commuters. Given from the MRT3’s website, the average daily commuters reach almost 465,000, while the maximum capacity is lower at 365,000 (DOTC-MRT3). Most of the frequenters come from the station endpoints, namely the North Avenue Station (northbound), and the Taft Avenue Station (southbound) (Palanca, Rappler, 2015). This means that the usual travelers come from either nearby cities (Manila and Pasay for Taft Ave., Quezon City for North Ave.), or beyond.

            Despite this much reception from Juan de la Cruz, and maybe because of this excessive usage, that the MRT3 fails to be the reliable and efficient enough way, let alone safe option to travel the metro. The DOTC-MRT3 website displays every recorded technical issue since November 2015, rating each issue into four categories; Category 4 being a status halting services on the train.

            Collating data from the management’s web site, the majority of the issues were Category 3, an alarming situation since on this status the passengers are already unloaded from the train to avoid further complications. Further into 2016, Cat 3’s and 4’s persisted, most of these making into early morning or primetime news.

            While mainly this is an issue for the government and its partners, the common Filipino commuter will experience repercussions to its workplace, thereby affecting economy.

            Last 2015, DOTC then opened ideas such as providing “excuse slips” for employees to show their bosses in the event of a delay caused by the MRT3 (Chavez, 2015). This is reminiscent of how Japanese and German train operators let their passengers know how costly a delay in their schedule is and are sorry for it. Though denied and dismissed by the same department, this clearly does not provide a way to work around the consistent issues.

            During that same year the fare hike was also introduced, a whopping 87% increase; the affordable Php15.00 for an end-to-end trip almost doubled to Php28.00 (Nestor, 2015). In order to provide upkeep to a declining system, the DOTC still asked for higher budget to acquire a different maintenance provider. Promise of improved service with new train wagons rose hope in 2016, but actual application never happened due to incompatible structures.

            While the series of “epic fails” from the DOTC, and while the nation shifted administrations, the Filipino people consistently experienced faulty trains, averaging of at least four instances a day. By isolating the transportation aspect of the department, DOTr was able to focus on investigating the conduct of its previous officials, opening several senate probes related to suspicious maintenance providers previously hired by DOTC (Colcol, 2017).

            This however, does not assure that the train system will be fixed. As much as we see corruption in almost every political project, the main concern is how we will fix these trains. While the private sector volunteered for a rehabilitation--as the Ayala-MPIC (Metro Pacific Investments Corporation) previously joined in the LRT1 venture--this also mean that they want to participate, if not completely investing, in the MRT3 (Dumlao-Abadilla, 2017).

              Until we hear both the government and the private sector on the same tune, then we shall have to wait to see progress with the improvement of the MRT3. For now, we just have to hope that the train we hop in would not fail.

              UPDATE: By the way, this was just yesterday, Nov. 5, and I have never been to a train coach full of smoke. The train tracks are not fun when you know you’re walking from something that exploded and may explode again

  REFERENCES 

Service Status | DOTC-MRT3 Official Website. Retrieved 10/31/2017 and 11/06/2017, from https://dotcmrt3.gov.ph/service-status 

About Us | DOTC-MRT3 Official Website. Retrieved 11/01/2017, from https://dotcmrt3.gov.ph/about#trains 

DOTr – DOTC Mandate, Mission, Vision. Retrieved 10/30/3017, from http://dotr.gov.ph/index.php/2014-09-02-05-01-41/2014-09-03-06-43-32/18-transparency/166-dotc-mandate#mandate

EDSA Time Travel: Fastest by car, bus, or train?, CNN Philippines Staff. CNN Philippines. Retrieved 10/31/2017 from http://cnnphilippines.com/metro/2015/03/06/time-travel-on-edsa.html 

Abaya vows better MRT by March 2016. Rappler. Retrieved 11/01/2017, from https://www.rappler.com/business/industries/208-infrastructure/112234-mrt3-improvements-first-quarter-2016 

On the MRT: A capacity conundrum. Palanca, Troy. Rappler. Retrieved 11/01/2017, from https://www.rappler.com/views/imho/93492-mrt-capacity-conundrum-data-research

Solon seeks probe of alleged P4M worth of fake safety gear for MRT. Colcol, Erwin. GMA News. Retrieved 11/01/2017, from http://www.gmanetwork.com/news/news/nation/622880/solon-seeks-probe-of-alleged-p4m-worth-of-fake-safety-gear-for-mrt/story/ 

MRT's excuse letters for tardy commuters pathetic. Chavez, Chito. Manila Bulletin. Pressreader. Retrieved 10/31/2017, from https://www.pressreader.com/philippines/manila-bulletin/20150623/281672548584738 

DOTC’s proposed budget slashed by P800M. Ager, Maila. Inquirer.net. 11/2015. Retrieved 11/01/2017, from http://newsinfo.inquirer.net/742094/dotcs-proposed-budget-slashed-by-p800m 

“MRT fare hike not a miracle solution, says Buenafe”. Corrales, Nestor. Inquirer.net Retrieved 11/01/2017, from http://newsinfo.inquirer.net/697105/mrt-fare-hike-not-a-miracle-solution-says-buenafe 

Privatization answer to MRT woes. MRT website featuring Malaya Business Insight. Retrieved 11/01/2017, from http://mrt3.com/index.php/hidden/9-news/946-privatization-answer-to-mrt-woes.html

Ayala, MVP offer to fix MRT3. Dumalo-Abadilla, Doris. 08/2017. Retrieved 11/02/2017, from http://www.investphilippines.info/arangkada/ayala-mvpoffer-to-fix-mrt3/

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Philippines Car Rental, Car Leasing, Cab Aggregator and Yellow Taxi Market Outlook to 2023: Ken Research

Philippines Car Rental, Car Leasing, Cab Aggregator and Yellow Taxi Market Outlook to 2023: Ken Research

The report titled “Philippines Car Rental, Car Leasing, Cab Aggregator and Yellow Taxi Market Outlook to 2023 – Driven by Planned Fleet Addition and Growth in Tourism and Construction Sector” provides a comprehensive analysis on the car rental market of the Philippines. The report covers various aspects including Business Models, Company Profiles, Competition Scenario, Cross Comparisons,…

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Philippines car rental market is estimated to grow more than USD 400 Mn by 2027 owing to the increase in internet penetration and adoption of smart phones in the country: Ken Research

Buy Now

Ecosystem of Philippines Car Rental Market

There are five markets in this report: Car Rental, Car leasing, Ride Sharing, Ride Hailing and Self Drive. The Philippines car rental market and self-drive market is highly fragmented with Avis and Diamond Rent-a-Car hold the major share respectively. Philippines car leasing market is moderately consolidated and Orix, is the market leader. Philippines ride hailing market and ride sharing market are highly consolidated where Grab is the market leader.

Key Market Findings:

Leisure travel is estimated to continue being the highest revenue generating segment with the increase in tourism across the country.

Tourists and Corporate Clients are majority of the customers of the market.

Players are looking to expand their fleet size to premium cars to offer comfort and luxury to customers.

Online Bookings: With increase in internet penetration and digital adoption in the country, car rental services are shifting to online platforms for direct bookings and confirmations. This makes the entire process hassle-free and contactless.

Unique Business Models: Year-on-Year with the help of technology, unique business models and features are coming up in the market like allowing private car owners to give out their spare vehicles on lease or rent. Ultimately, car rental services are becoming more accessible to customers.

Increasing Traffic and Congestion in Crowded Areas: The parking issues in urban cities is increasing due to limited space and increase in population, expecting the passengers to use more of ride hailing and ride sharing services.

Increase in Tourism: Lately, the international tourism sector is again increasing in Philippines with more than ~1500% increase in tourist arrivals from 2021 to 2022P. With that, there’s only an expectation of the demand to grow in future by tourists.

Analysts at Ken Research in their latest publication “Philippines Car Rental Market Outlook to 2027 - Driven by the increase in tourism and business activities along with deeper internet penetration and adoption of digital services.” observed that the Philippines car sharing market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to increased internet penetration and the adoption of smartphones. The Philippines Car Rental Market is expected to grow at robust CAGR over the forecasted period 2022 -2027.

Key Segments Covered in the report

Philippines car Rental Market

By Type of Booking

Online market

Offline market

By Type of Car

Small Cars(PHP 3500-7500 / Per trip)

Medium(PHP 3500-7500 / Per trip)

Luxury(PHP 7500+)

By Purpose

Leisure

Business

Philippines Car Leasing Market

By Type of Region

Manila

Luzon

Visayas

Mindanao

By Time Duration

1 year

2 year

3 year

4 or more year

By Vehicle Price Range

Sedan(PHP 20000-35000

SUV(PHP 35000-50000)

Premium(PHP 50000+)

By Type of End User

Corporate

Retail Individuals

Philippines Ride Hailing Market

         By Type of Region

Metropolitan

Non Metropolitan

Interested to Know More about this Report, Request for a sample report

Philippines Ride Sharing Market

By Point of Service

Rest Area

At Airport

By Type of Car

Sedan

SUV

By Type of Distance

Short distance

Long distance

Philippines Self-Drive Car Rental Market

By Type of Region

Metro cities

Non metro cities

By Type of Booking Channel

Online

Offline

By Usage

Intercity

Intracity

By Time Period

1-2 days

A week

A month

By Type of Car

Standard (PHP 1500 + / per hour)

Luxury (PHP 1000-4000/24hours)

By Type of Booking Period

Weekend

Weekdays

By Segment of Car

Standard

luxury

By Status of Ownership

Owned

Leased

By Point of Service

At Airport

Rest area

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Key Target Audience

Car Rental Service Providers

Car Rental Companies aiming to establish in the Philippines

Philippines Automotive Industries

Government Bodies & Regulating Authorities

Venture Capitalist targeting the car rental market

Automotive industry association

Car Manufacturers

Existing Car Rental Companies

OEM Dealerships

New Market Entrants

Investors

Car Rental Associations

Time Period Captured in the Report:

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022-2027

Companies Covered:

Car Rental

Diamond Rent-a-Car

Luxicar

Voyg

Rent a Car ECLPI

Avis

Hertz

SafeRide

Self-Drive

Europcar

Thrifty

Juzzr Car Rental

Hertz

Voyg

SafeRide

VPI

Ride Hailing

Grab

JoyRide

Hirna

Maxim

Ride Sharing

Grab

Hirna

Car Leasing

Orix

Avis

Diamond Rent-a-Car

Europcar

Herts

ECLPI Rent a Car

Key Topics Covered in the Report

Overview and Genesis of Car Rental Market in Philippines

Ecosystem of Philippines Car Rental Market

Business Cycle of Philippines Car Rental Market

Timeline of Major Players of Philippines Car Rental Market

Value Chain Analysis of Philippines Car Rental Market

Philippines Car Rental Market Sizing, 2017- 2022

Market Segmentations of Car Rental Market in Philippines

Snapshots on different Car Rental Markets in Philippines

Industrial Analysis of Car Rental Market in Philippines

Competitive Analysis of Car Rental Market in Philippines

Future Outlook and Projections of Car Rental Market in Philippines

For More Insights On Market Intelligence, Refer to the Link Below: –

Philippines Car Rental Market Outlook to 2027

Related Reports by Ken Research: –

Vietnam Car Rental Market Outlook to 2027F

Belgium Car Rental Market Outlook 2027F