Car Rental Market, By Category (Intercity/Local Usage, On-Airport, Intra-City/Outstation, Others), By Car Type (Luxury Cars, Executive Cars, Economy Cars, SUV's, MUV's), and By Region (North America, Europe, Asia Pacific, Rest of the World) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Car rental services involve renting of automobiles for short duration of time at certain cost. The global car rental market has witnessed a substantial growth past few years owing to the rise in pollution levels and population surge in urban regions. Furthermore, rise in the trend of online mode of car booking, consumers are adopting car rental services as cars have emerged as one of the fastest and cheapest mode of transportation.
Market Dynamics
The global car rental market has witnessed significant growth in recent past years, owing to the rising demand for car rental services owing to rising tourism activities and budget for tourism coupled with increasing disposable income of people in emerging economies. This scenario is expected to provide lucrative growth to the global car rental market over the forecast period.
Major players in the global car rental market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end applications such as outstation, intercity, airport service and others. This scenario is expected to fuel the market during the forecast period.
Key features of the study:
This report provides in-depth analysis of global car rental market size (US$ Billion and Million Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global car rental market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study Enterprise Holdings, The Hertz Corporation, Avis Budget Group, Europcar Group, Carzonrent, Sixt SE, Al Futtaim Group, Localiza - Rent a Car, Eco Rent a Car, and GlobalCARS
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Category up-gradation, market expansion, and marketing tactics
The global car rental market report caters to various stakeholders in this industry including investors, suppliers, global car rental manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global car rental market
Detailed Segmentation:
Global Car Rental Market, By Category:
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
Global Car Rental Market, By Car Type:
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
Global Car Rental Market, By Region:
North America
U.S.
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
Canada
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
Europe
France
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
Germany
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
U.K.
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
Russia
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
Rest of Europe
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
Asia Pacific
China
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
Japan
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
Australia & New Zealand
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
India
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
Rest of the Asia-pacific
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
Rest of the World
By Category
Intercity/Local Usage
On-Airport
Intra-City/Outstation
Others
By Car Type
Luxury Cars
Executive Cars
Economy Cars
SUV's
MUV's
Company Profiles
The Hertz Corporation*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Avis Budget Group
Enterprise Holdings
Europcar Group
Carzonrent
Sixt SE
Al Futtaim Group
Localiza - Rent a Car
Eco Rent a Car
GlobalCARS
“*” marked represents similar segmentation in other categories in the respective
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