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The car rental market is forecasted to grow by USD 129.71 bn during 2022-2027, accelerating at a CAGR of 20.16% during the forecast period. The report on the car rental market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increase in vehicle ownership cost, increasing incorporation of advanced digital technologies in car rental services, and growing interest in self-driving vehicles.
The car rental market is segmented as below:
By Mode of Booking
- Offline
- Online
By Type
- Economy cars
- Executive cars
- Luxury cars
- SUVs
- MUVs
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the car rental market covers the following areas:
- Car rental market sizing
- Car rental market forecast
- Car rental market industry analysis
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Mode of Booking
7 Market Segmentation by Type
8 Market Segmentation by Rental Category
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Trends
12 Vendor Landscape
13 Vendor Analysis
14 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global car rental market: Autorent Car Rental LLC, Avis Budget Group Inc., Carzonrent India Pvt. Ltd., Centauro Rent a Car S.L.U., DriiveMe Ltd., Enterprise Holdings Inc., Europcar Group UK Ltd., Expedia Group Inc., Getaround Inc., GO Rentals Auckland Ltd., Hertz Global Holdings Inc., Localiza Rent a Car SA, Mex Rent a Car, Movida Participacoes SA, Renault SAS, SIXT SE, Turo Inc., Uber Technologies Inc., Zoomcar India Pvt. Ltd., and Aspark Holidays Pvt. Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is advent of intermediaries.'
According to the report, one of the major drivers for this market is the increase in vehicle ownership cost.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Autorent Car Rental LLC
- Avis Budget Group Inc.
- Carzonrent India Pvt. Ltd.
- Centauro Rent a Car S.L.U.
- DriiveMe Ltd.
- Enterprise Holdings Inc.
- Europcar Group UK Ltd.
- Expedia Group Inc.
- Getaround Inc.
- GO Rentals Auckland Ltd.
- Hertz Global Holdings Inc.
- Localiza Rent a Car SA
- Mex Rent a Car
- Movida Participacoes SA
- Renault SAS
- SIXT SE
- Turo Inc.
- Uber Technologies Inc.
- Zoomcar India Pvt. Ltd.
- Aspark Holidays Pvt. Ltd.