Global Car Rental (Self Drive) Market 2024-2028
The car rental (self drive) market is forecasted to grow by USD 3424 mn during 2023-2028, accelerating at a CAGR of 45.08% during the forecast period. The report on the car rental (self drive) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
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 growing interest in self-driving vehicles, growth of travel and tourism industry, and rise in disposable income and easy availability of autonomous car rentals.
Technavio's car rental (self drive) market is segmented as below:
ByVehicle Type
ByMode Of Booking
ByGeography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the use of telematics in self-drive car rentals as one of the prime reasons driving the car rental (self drive) market growth during the next few years. Also, recent advancements on self-drive car rentals and advent of intermediaries will lead to sizable demand in the market.
The report on the car rental (self drive) market covers the following areas:
- Car rental (self drive) market sizing
- Car rental (self drive) market forecast
- Car rental (self drive) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading car rental (self drive) market vendors that include Aspark Holidays Pvt. Ltd., Aurora Innovation Inc., Autorent Car Rental LLC, Avis Budget Group Inc., DriiveMe Ltd., Enterprise Holdings Inc., Hertz Global Holdings Inc., Localiza Rent a Car SA, Primemover Mobility Technologies Pvt. Ltd., SIXT SE, Volkswagen AG, and Zoomcar India Pvt. Ltd.. Also, the car rental (self drive) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 the 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.