Vehicle Rental Market In Europe 2025-2029
The vehicle rental market in europe is forecasted to grow by $ 21.46 bn during 2024-2029, accelerating at a CAGR of 8.8% % during the forecast period. The report on the vehicle rental market in europe 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 awareness about rental cars among european people, increasing demand for rental vehicles due to stringent regulations for emissions from personal vehicles, and rising popularity of road trips and outdoor adventures.
Technavio's vehicle rental market in europe is segmented as below:
By Distribution Channel
By Type
By Geographical Landscape
This study identifies the growing dependence on technology-driven rental vehicle service to increase customer base as one of the prime reasons driving the vehicle rental market in europe growth during the next few years. Also, rising shift toward electric and sustainable rental vehicle services and increasing use of analytics in vehicle renting data will lead to sizable demand in the market.
The report on the vehicle rental market in europe covers the following areas:
- Vehicle Rental Market in Europe sizing
- Vehicle Rental Market in Europe forecast
- Vehicle Rental Market in Europe 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 vehicle rental market in europe vendors that include Avis Budget Group Inc., BNP Paribas SA, City Vehicle Rentals Ltd., Enterprise Holdings Inc., Europcar Group UK Ltd., Heisterkamp Transportation Solutions, Hertz Global Holdings Inc., LeasePlan Corp. NV, Petit Forestier, SIXT SE, and TIP Trailer Services Management B.V.. Also, the vehicle rental market in europe 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 primary and secondary research. 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 accurate market growth.