Self-Drive Car Rental Market Size- By Vehicle, By Application, By Rental Length- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Self-Drive Car Rental Market Overview
According to SPER Market Research, the Global Self-Drive Car Rental Market is estimated to reach USD 193.19 billion by 2032 with a CAGR of 6.95%. Cars may be rented out for a certain amount of time through online or offline sources, and this service is referred to as car rental. In order to best serve tourists and those without private automobiles, car rental services are primarily designed for them. Since renting a car provides freedom of movement, inexpensive travel, and the ability to avoid significant ownership expenses, it is thought to be a more cost-effective option than purchasing a car.
Impact of COVID-19 on the Global Self-Drive Car Rental Market
The automobile rental industry was impacted by the COVID-19 virus's quick spread in 2020, which also had a negative effect on the wider tourism industry. There is also less demand for automobile rentals at airports due to a decline in air travel globally. Car rental companies are adhering to hygienic and safety standards, such as cleaning their vehicles after each trip, to ensure safety and prevent the spread of the virus.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Vehicle, By Application, By Rental Length
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered Avis Budget group, Carzorent India Private Ltd, Eco Rent A Car, Enterprises Rent-A-Car, Europcar, Sixt Se, The Hertz Corporation
Global Self-Drive Car Rental Market Segmentation:
By Vehicle: Based on the Vehicle, Global Car Rental (Self Drive) Market is segmented as; Luxury cars, Executive Cars, Economy Cars, SUVs, MUVs
By Application: Based on the Application, Global Car Rental (Self Drive) Market is segmented as; Local Usage, Airport Transport, Outstation, Others
By Region: This report also provide the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Car Rental (Self Drive) Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Competitive Landscape
- 6.1 Global Car Rental (Self Drive) Market Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Car Rental (Self Drive) Market
- 7. Global Car Rental (Self Drive) Market, By Vehicle Type, 2019-2032 (USD Million)
- 7.1 Economy cars
- 7.2 Executive cars
- 7.3 Luxury Cars
- 7.4 MUVs
- 7.5 SUVs
- 8. Global Car Rental (Self Drive) Market, By Application, 2019-2032 (USD Million)
- 8.1 Airport Transport
- 8.2 Local usage
- 8.3 Outstation
- 8.4 Others
- 9. Global Car Rental (Self Drive) Market, By Rental length, 2019-2032 (USD Million)
- 9.1 Long Term
- 9.2 Short Term
- 10. Global Car Rental (Self Drive) Market, By Region, 2019-2032 (USD Million)
- 10.1 Global Car Rental (Self Drive) Market Size and Market Share by Region (2019-2025)
- 10.2 Global Car Rental (Self Drive) Market Size and Market Share by Region (2026-2032)
- 10.3 Asia-Pacific
- 10.3.1 Australia
- 10.3.2 China
- 10.3.3 India
- 10.3.4 Japan
- 10.3.5 South Korea
- 10.3.6 Rest of Asia-Pacific
- 10.4 Europe
- 10.4.1 France
- 10.4.2 Germany
- 10.4.3 Italy
- 10.4.4 Spain
- 10.4.5 United Kingdom
- 10.4.6 Rest of Europe
- 10.5 Middle East and Africa
- 10.5.1 Kingdom of Saudi Arabia
- 10.5.2 United Arab Emirates
- 10.5.3 Rest of Middle East & Africa
- 10.6 North America
- 10.6.1 Canada
- 10.6.2 Mexico
- 10.6.3 United States
- 10.7 Latin America
- 10.7.1 Argentina
- 10.7.2 Brazil
- 10.7.3 Rest of Latin America
- 11. Company Profiles
- 11.1 Avis Budget Group
- 11.1.1 Company details
- 11.1.2 Financial outlook
- 11.1.3 Product summary
- 11.1.4 Recent developments
- 11.2 Carzorent India Private Limited
- 11.2.1 Company details
- 11.2.2 Financial outlook
- 11.2.3 Product summary
- 11.2.4 Recent developments
- 11.3 Eco Rent A Car
- 11.3.1 Company details
- 11.3.2 Financial outlook
- 11.3.3 Product summary
- 11.3.4 Recent developments
- 11.4 Enterprises Holdings
- 11.4.1 Company details
- 11.4.2 Financial outlook
- 11.4.3 Product summary
- 11.4.4 Recent developments
- 11.5 Enterprises Rent-A-Car
- 11.5.1 Company details
- 11.5.2 Financial outlook
- 11.5.3 Product summary
- 11.5.4 Recent developments
- 11.6 Europe Car
- 11.6.1 Company details
- 11.6.2 Financial outlook
- 11.6.3 Product summary
- 11.6.4 Recent developments
- 11.7 Sixth Se
- 11.7.1 Company details
- 11.7.2 Financial outlook
- 11.7.3 Product summary
- 11.7.4 Recent developments
- 11.8 The Hertz Corporation
- 11.8.1 Company details
- 11.8.2 Financial outlook
- 11.8.3 Product summary
- 11.8.4 Recent developments
- 12. List of Abbreviations
- 13. Reference Links
- 14. Conclusion
- 15. Research Scope
Research Assistance
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