Global Electric Car Rental Market 2017-2021

  • ID: 4430385
  • Report
  • Region: Global
  • 74 pages
  • TechNavio
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FEATURED COMPANIES

  • Avis Budget Group
  • Drive Electric Orlando
  • DriveNow
  • Enterprise Holdings
  • Green Motion
  • Sixt
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Electric Car Rental

Car rental services operate on the model of renting automobiles for short periods of time, generally ranging from a few hours to a few weeks. There is a network of local branches that assist the customers with easy pick up and drop facilities. Car rental agencies serve people who require a temporary vehicle; for example, those who do not own a car or tourists. The demand for car rental services has increased due to the growth of the tourism industry and the cost advantages they offer to the users.

The analysts forecast the global electric car rental market to grow at a CAGR of 11.01% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global electric car rental market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Electric Car Rental Market 2017-2021, 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
  • Avis Budget Group
  • Enterprise Holdings
  • Europcar Group
  • Hertz
  • Sixt
Other prominent vendors
  • BlueIndy
  • DriveElectric
  • Drive Electric Orlando
  • DriveNow
  • Easirent
  • Green Motion
  • Wattacars
  • Zoomcar
Market drivers
  • Increasing demand for rental cars due to rise in international tourism
  • For a full, detailed list, view the full report
Market challenges
  • Global power crisis hindering the growth of EV market
  • For a full, detailed list, view the full report
Market trends
  • Technological advancements in battery technology
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 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?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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2 of 5

FEATURED COMPANIES

  • Avis Budget Group
  • Drive Electric Orlando
  • DriveNow
  • Enterprise Holdings
  • Green Motion
  • Sixt
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Car rental business model
  • General rental terms
  • Car rental: Insurance and waivers
  • Importance of apps in the growth of car rental industry
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by vehicle category
  • Global electric car rental market segmentation by vehicle category
  • Global electric car rental market segmentation by economy cars
  • Global electric car rental market segmentation by luxury cars
PART 07: Geographical segmentation
  • Electric car rental market in EMEA
  • Electric car rental market in Americas
  • Electric car rental market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Technological advancements in battery technology
  • OEMs pushing for embedded telematics systems in BRIC nations
  • Introduction of battery swapping technology
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • Avis Budget Group
  • Enterprise Holdings
  • Europcar Group
  • Sixt
  • Hertz
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global electric car rental market segmentation
Exhibit 02: Global electric car rental market 2016-2021 ($ billions)
Exhibit 03: Global car rental market 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global electric car rental market segmentation by vehicle category 2016 and 2021
Exhibit 06: Global electric car rental market segmentation by vehicle category 2016-2021
Exhibit 07: Global electric car rental market segmentation by economy cars 2016-2021 ($ billions)
Exhibit 08: Global electric car rental market segmentation by luxury cars 2016-2021 ($ billions)
Exhibit 09: Global electric car rental market segmentation by geography 2016 and 2021
Exhibit 10: Global electric car rental market segmentation by geography 2016-2021
Exhibit 11: Electric car rental market in EMEA 2016-2021 ($ billions)
Exhibit 12: Electric car rental market in Americas 2016-2021 ($ billions)
Exhibit 13: Electric car rental market in APAC 2016-2021 ($ billions)
Exhibit 14: BRIC countries telematics brief
Exhibit 15: Avis: Business segments
Exhibit 16: Sixt: Business units
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FEATURED COMPANIES

  • Avis Budget Group
  • Drive Electric Orlando
  • DriveNow
  • Enterprise Holdings
  • Green Motion
  • Sixt
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: - Global Electric Car Rental Market 2017-2021

The author of the report recognizes the following companies as the key players in the global electric car rental market: Avis Budget Group, Enterprise Holdings, Europcar Group, Hertz, and Sixt.

Other Prominent Vendors in the market are: BlueIndy, DriveElectric, Drive Electric Orlando, DriveNow, Easirent, Green Motion, Wattacars, and Zoomcar.

Commenting on the report, an analyst from the research team said: “One trend in the market is technological advancements in battery technology. Advancements in battery technology are very critical to the growth of the EV market. Li-ion batteries do not adhere to Moore's Law and have a complex chemistry, which poses a challenge to faster technological advancements. Till date, only slight incremental updates have been made to enhance the performance of the batteries.”

According to the report, one driver in the market is increasing demand for rental cars due to rise in international tourism. The growth of international tourism is critical for the growth of the rental vehicle industry. In 2016, the tourism industry witnessed a healthy growth. International tourist arrivals grew in 2016, due the increase in travel by Asians. Europe was the most visited region followed by Asia-Pacific. Despite many issues related to safety and security, international travel continued to grow strongly and contribute to job creation and the well-being of communities around the world.

Further, the report states that one challenge in the market is global power crisis hindering the growth of EV market. With the growth of the hybrid vehicle and EV markets, the demand for power to drive the vehicles is also increasing globally. The developing and underdeveloped countries, where the power generation meets only average daily consumption, cannot afford to have a higher number of electric vehicles. For instance, 25% of the vehicles in Europe are EVs, which minimizes the consumption of approximately 13 million barrels of crude oil per day. However, it consumes around 11% of the global power demand.

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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  • Avis Budget Group
  • Enterprise Holdings
  • Europcar Group
  • Hertz
  • Sixt
  • BlueIndy
  • DriveElectric
  • Drive Electric Orlando
  • DriveNow
  • Easirent
  • Green Motion
  • Wattacars
  • Zoomcar
Note: Product cover images may vary from those shown
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