Global Self-drive Car Rental Market Growth (Status and Outlook) 2023-2029

Global Self-drive Car Rental Market Growth (Status and Outlook) 2023-2029

A car rental, hire car, or car hire agency is a company that rents automobiles for short periods of time, generally ranging from a few hours to a few weeks. It is often organized with numerous local branches (which allow a user to return a vehicle to a different location), and primarily located near airports or busy city areas and often complemented by a website allowing online reservations.

LPI (LP Information)' newest research report, the “Self-drive Car Rental Industry Forecast” looks at past sales and reviews total world Self-drive Car Rental sales in 2022, providing a comprehensive analysis by region and market sector of projected Self-drive Car Rental sales for 2023 through 2029. With Self-drive Car Rental sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Self-drive Car Rental industry.

This Insight Report provides a comprehensive analysis of the global Self-drive Car Rental landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Self-drive Car Rental portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Self-drive Car Rental market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Self-drive Car Rental and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Self-drive Car Rental.

The global Self-drive Car Rental market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Sedans are the most preferred rented cars in the emerging countries and accounted for the maximum market size. Sedans range between hatchbacks and SUVs and offer better comfort and driving experience than hatchbacks as they are powered by bigger and powerful engines. Also, the extra boot space in sedans is an extra advantage especially when people rent them out for long trips. Customers prefer to undertake long road trips on sedans as they are more cost-effective than SUVs.

This report presents a comprehensive overview, market shares, and growth opportunities of Self-drive Car Rental market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Hatchback
Sedan
SUV
Other

Segmentation by application
Business
Leisure
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hertz Global Holdings
Enterprise Holdings
Avis Budget Group
Zoomcar
Europcar
Sixt AG
Localiza
Myles
China Auto Rental Inc
eHi Car Services
Uber Technologies Inc
Car Club
Eco Rent A Car

Please note: The report will take approximately 2 business days to prepare and deliver.