The global car rental market is expected to grow at a CAGR of 11.5% during the forecast period 2016 to 2023.
Browse the full Global Car Rental Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report at https://www.credenceresearch.com/report/car-rental-market
Market Insights
Car rental services have gained considerable foothold in recent years, becoming one of the key services in the transport industry, especially in urban cities. Rise in the number of tourists and business travelers coupled with growing preference for car-sharing is identified as the primary factor driving car rental revenues across the globe. In addition, integration of advanced technologies like telematics and navigation in cars coupled with the availability of online booking agencies and payment platforms has not only maintained transparency among consumers, but also allowed for unperturbed booking and car hiring. The leading car rental companies are focusing on tapping foreign travelers by offering features like WiFi, multi-language booking platforms and in-car navigation among others. All these factors are collectively driving demand for car rental services. Comparatively low fares of public transportation may pose challenge to the market growth, especially in price sensitive economies during the forecast period.
Competitive Insights:
Some of the leading players identified in the global car rental market include Avis Budget Group, Inc., Enterprise Rent-A-Car, Sixt Rent A Car, EuropCar, The Hertz Corporation, Carzonrent, Al-Futtaim Group, Localiza Rent A Car, Eco Rent A Car, Fox Rent-A-Car, Payless Car Rental, Midway Car Rental, Trust Middle East Car Rental, and Advantage Rent a Car among others. The global car rental market also includes large number of niche players accounting for trivial market share individually. Automobile manufacturers have begun offering advanced web-based solutions to allow the integration of mobile devices such as smartphones with vehicles. On the other hand, car rental companies are developing fleet of vehicles that are equipped with advanced technologies such as navigation, positioning, and telematics. To better penetrate semi-urban and rural areas, these companies are striving to introduce several cost-effective and innovative services. In order to remain ahead of the competition and ensure customer base, the established players like Avis Budget Group, Inc. and Enterprise Rent-A-Car are focusing on forming strategic alliances with hotels and airlines.
Get Sample Copy Of This Report: https://www.credenceresearch.com/sample-request/58141
ToC:
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global Car Rental Market Snapshot
3. Global Car Rental Market Analysis
3.1. Global Car Rental Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. See-Saw Analysis
3.5. Ecosystem Analysis
3.6. Attractive Investment Proposition
3.7. Market Positioning of Key Industry Participants
3.7.1. Major Strategies Adopted
3.7.2. Analyst Recommendations
4. Global Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
4.1. Market Analysis
4.2. Economic Vehicle
4.3. Executive Vehicle
4.4. SUV
4.5. MUV
4.6. Luxury Cars
5. Global Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
5.1. Market Analysis
5.2. Airport Transport
5.3. Local Transport
5.4. Outstation Transport
6. North America Car Rental Market Analysis, 2014 – 2023 (US$ Bn)
6.1. North America Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
6.1.1. Economic Vehicle
6.1.2. Executive Vehicle
6.1.3. SUV
6.1.4. MUV
6.1.5. Luxury Cars
6.2. North America Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
6.2.1. Airport Transport
6.2.2. Local Transport
6.2.3. Outstation Transport
6.3. North America Car Rental Market Revenue, By Country, 2014 – 2023 (US$ Bn)
6.3.1. U.S.
6.3.1.1. U.S. Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
6.3.1.2. U.S. Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
6.3.2. Canada
6.3.2.1. Canada Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
6.3.2.2. Canada Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
7. Europe Car Rental Market Analysis, 2014 – 2023 (US$ Bn)
7.1. Europe Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
7.1.1. Economic Vehicle
7.1.2. Executive Vehicle
7.1.3. SUV
7.1.4. MUV
7.1.5. Luxury Cars
7.2. Europe Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
7.2.1. Airport Transport
7.2.2. Local Transport
7.2.3. Outstation Transport
7.3. Europe Car Rental Market Revenue, By Region, 2014 – 2023 (US$ Bn)
7.3.1. U.K.
7.3.1.1. U.K. Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
7.3.1.2. U.K. Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
7.3.2. Germany
7.3.2.1. Germany Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
7.3.2.2. Germany Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
7.3.3. France
7.3.3.1. France Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
7.3.3.2. France Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
7.3.4. Rest of Europe
7.3.4.1. Rest of Europe Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
7.3.4.2. Rest of Europe Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
8. Asia Pacific Car Rental Market Analysis, 2014 – 2023 (US$ Bn)
8.1. Asia Pacific Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
8.1.1. Economic Vehicle
8.1.2. Executive Vehicle
8.1.3. SUV
8.1.4. MUV
8.1.5. Luxury Cars
8.2. Asia Pacific Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
8.2.1. Airport Transport
8.2.2. Local Transport
8.2.3. Outstation Transport
8.3. Asia Pacific Car Rental Market Revenue, By Country, 2014 – 2023 (US$ Bn)
8.3.1. Japan
8.3.1.1. Japan Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
8.3.1.2. Japan Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
8.3.2. China
8.3.2.1. China Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
8.3.2.2. China Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
8.3.3. India
8.3.3.1. India Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
8.3.3.2. India Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
8.3.4. Rest of Asia Pacific
8.3.4.1. Rest of Asia Pacific Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
8.3.4.2. Rest of Asia Pacific Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
9. Rest of World Car Rental Market Analysis, 2014 – 2023 (US$ Bn)
9.1. Rest of World Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
9.1.1. Economic Vehicle
9.1.2. Executive Vehicle
9.1.3. SUV
9.1.4. MUV
9.1.5. Luxury Cars
9.2. Rest of World Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
9.2.1. Airport Transport
9.2.2. Local Transport
9.2.3. Outstation Transport
9.3. Rest of World Car Rental Market Revenue, By Region, 2014 – 2023 (US$ Bn)
9.3.1. Latin America
9.3.1.1. Latin America Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
9.3.1.2. Latin America Pacific Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
9.3.2. Middle-East and Africa
9.3.2.1. Middle-East and Africa Car Rental Market Revenue, By Vehicle Type, 2014 – 2023 (US$ Bn)
9.3.2.2. Middle-East and Africa Car Rental Market Revenue, By Rental Category, 2014 – 2023 (US$ Bn)
10. Company Profiles
10.1. Avis Budget Group, Inc.
10.2. Enterprise Rent-A-Car
10.3. Sixt Rent A Car
10.4. EuropCar
10.5. The Hertz Corporation
10.6. Carzonrent
10.7. Al-Futtaim Group
10.8. Localiza Rent A Car
10.9. Eco Rent A Car
10.10. Fox Rent-A-Car
10.11. Midway Car Rental
10.12. Advantage Rent a Car
Get Sample Copy Of This Report: https://www.credenceresearch.com/sample-request/58141
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations,
governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance
with making enduring enhancements to their execution and understand their most imperative objectives.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
(US/CANADA) Ph.: +1-800-361-8290
E-mail: sales@credenceresearch.com