Self-drive Car Rental Market in Emerging Countries 2016-2020

  • ID: 3985319
  • Report
  • 54 pages
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FEATURED COMPANIES

  • Avis
  • CAR
  • Car Club
  • Eco Rent a Car
  • Hertz
  • Let Me Drive
  • MORE
About Self-Drive Car Rental

The self-drive car rental market in the emerging countries is mainly driven by factors such as government restrictions regarding private car ownerships and increased access to technological advancements like the internet and smartphones. The ownership of private vehicles has increased considerably in the urban areas and large cities of the emerging nations, leading to environmental pollution and traffic congestion. In China, policymakers in large cities have adopted their unique solutions to address the problem. One such example is the car ownership control policy. The policy imposes a direct restriction on the number of registered private car ownership. This has been successful in controlling the proliferation of car ownership, reducing the number of cars on the road.

The analysts forecast the self-drive car rental market in emerging countries to grow at a CAGR of 22.30% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the self-drive car rental market in emerging countries for 2016-2020. To calculate the market size, the report considers the total number of fleet size, total number of rides per rental car in a year, and the average revenue of the rental companies operating in their respective regions.

The market is divided into the following segments based on geography:

- China
- India
- Brazil

The report, Self-Drive Car Rental Market in Emerging Countries 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Zoomcar
- Avis
- Hertz
- CAR
- Localiza

Other prominent vendors
- Myles
- Let Me Drive
- Car Club
- Eco Rent a Car
Market drivers
- Government regulations for fossil-fuel powered cars in China
- For a full, detailed list, view the full report

Market challenges
- Rise in on-demand taxi operators
- For a full, detailed list, view the full report

Market trends
- Renting utilitarian items through e-commerce
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Avis
  • CAR
  • Car Club
  • Eco Rent a Car
  • Hertz
  • Let Me Drive
  • MORE
Part 01: Executive summary
  • Highlights
Part 02: Scope of the report
  • Market overview
  • Top-vendor offerings
Part 03: Market research methodology
  • Research methodology
  • Economic indicators
Part 04: Introduction
  • Key market highlights
Part 05: Market landscape
  • Market overview
  • Five forces analysis
Part 06: Market segmentation by body type
  • Segmentation of self-drive car rental market in emerging countries
  • Self-drive car rental market in emerging countries in hatchback segment
  • Self-drive car rental market in SUV segment
  • Self-drive car rental market in sedan segment
Part 07: Geographical segmentation
  • Geographical segmentation of self-drive car rental market
  • Self-drive car rental market in China
  • Self-drive car rental market in Brazil
  • Self-drive car rental market in India
Part 08: Key leading country
  • Key leading countries
Part 09: Market drivers
  • Government regulations for fossil-fuel powered cars
  • Commuter and driver-friendly ride deals
  • Increase in road-trip tourism
Part 10: Impact of drivers

Part 11: Market challenges
  • Rise in on-demand taxi operators
  • Government regulations against foreigners driving rental cars in China
  • Rise in number of car-sharing services
Part 12: Impact of drivers and challenges

Part 13: Market trends
  • Renting utilitarian items through e-commerce
  • Growing collaboration between OEMs and car rental companies
  • Growing dependence on technology to increase customer base
Part 14: Vendor landscape
  • Competitive scenario
  • Prominent vendors
Part 15: Key vendor analysis
  • Zoomcar
  • Avis
  • Hertz
  • CAR
  • Localiza
Part 16: Appendix
  • List of abbreviations
Part 17: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Segmentation of self-drive car rental market in emerging countries
Exhibit 03: Self-drive car rental market in emerging countries 2015-2020 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Segmentation based on body type
Exhibit 06: Self-drive car rental market in emerging countries by body type 2015-2020 ($ billions)
Exhibit 07: Segmentation of self-drive car rental market in emerging countries by body type 2015-2020 (% share)
Exhibit 08: Self-drive car rental market in emerging countries in hatchback segment 2015-2020 ($ billions)
Exhibit 09: Self-drive car rental market in SUV segment 2015-2020 ($ billions)
Exhibit 10: Self-drive car rental market in sedan segment 2015-2020 ($ billions)
Exhibit 11: Geographical segmentation of self-drive car rental market in emerging countries 2015 (% share)
Exhibit 12: Self-drive car rental market by geography 2015-2020 ($ billions)
Exhibit 13: Self-drive car rental market in China 2015-2020 ($ billions)
Exhibit 14: Self-drive car rental market in Brazil 2015-2020 ($ billions)
Exhibit 15: Self-drive car rental market in India 2015-2020 ($ billions)
Exhibit 16: Key leading countries in self-drive car rental market
Exhibit 17: Impact of drivers
Exhibit 18: Impact of drivers and challenges
Exhibit 19: Zoomcar product portfolio
Exhibit 20: Avis product portfolio
Exhibit 21: Hertz product portfolio
Exhibit 22: CAR service segments
Exhibit 23: Customer preference in booking rental services 2016 (%)
Exhibit 24: Localiza service segments
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FEATURED COMPANIES

  • Avis
  • CAR
  • Car Club
  • Eco Rent a Car
  • Hertz
  • Let Me Drive
  • MORE
New Report Released: - Self-Drive Car Rental Market in Emerging Countries 2016-2020

The author of the report recognizes the following companies as the key players in the self-drive car rental market in the emerging countries: Zoomcar, Avis, Hertz, CAR, and Localiza.

Other Prominent Vendors in the market are: Myles, Let Me Drive, Car Club, and Eco Rent a Car.

Commenting on the report, an analyst from the research team said: “OEMs like General Motors and Ford are racing to create their own fleet of self-driving cars. However, to understand the basic groundwork of the car rental market, OEMs are entering partnerships with the self-drive car rental companies and managing their fleet. This places the OEMs at a strategical position where they get to experience and understand the issues and opportunities regarding ferrying people from location to location and road specific conditions and obstacles faced by the drivers.”

According to the report, government regulations for fossil-fuel powered cars is likely to drive demand in this market. The self-drive car rental market in China currently consists of 63.94% of the total market in the emerging countries. Changes occurring in the Chinese self-drive car rental market would have a significant effect on the total self-drive car rental market. China has been plagued by the rising pollution levels and heavy congestion on its roads. The country has been implementing various regulations to limit the number of private cars on the roads to reduce congestion and limit pollution.

Further, the report states that In China and India, many people depend on public transportation for commuting. Transportation for about 203 million licensed people who do not own cars in China depends on public transportation or car rentals. However, the number of people opting for on-demand taxi operators are increasing due to government restrictions regarding owning a private car, lack of parking space for a self-drive rental car, and aggressive discount offers given by the on-demand taxi operators to capture more customers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Zoomcar
  • Avis
  • Hertz
  • CAR
  • Localiza
  • Myles
  • Let Me Drive
  • Car Club
  • Eco Rent a Car
Note: Product cover images may vary from those shown
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