The global car rental market size was USD 122.30 billion in 2022 and is expected to register a revenue CAGR of 7.4% during the forecast period. Increased adaptability of transportation options, growth in the popularity of on-demand transit services, growing tourism and travel industries, and fast urbanization and increasing traffic congestion are some of the key factors driving market revenue growth.
The Global Car Rental Market Report offers extensive knowledge and information about the Car Rental market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Car Rental market further validated and verified by the industry experts and professionals. The Global Car Rental Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Car Rental market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
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Competitive Outlook: The leading companies operating in the Car Rental market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Car Rental Market and Profiled in the Report are:
Enterprise Holdings, Inc., The Hertz Corporation, Avis Rent A Car System, LLC, Sixt, Europcar, DTG Operations, Inc., Alamo, Carzonrent, Fox Rent A Car, Speedy Drive, Autostrad Rent a Car, Advantage.com, Payless Car Rental, Rent-A-Wreck of America Inc., U-Save Car & Truck Rental, Zoomcar Ltd, Budget Truck Rental, LLC, Penske, Ryder System, Inc., and Localiza
Objectives of the Report:
Study of the global Car Rental market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Car Rental market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Car Rental market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Car Rental market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Booking Type Outlook (Revenue, USD Billion; 2019-2032)
- Offline Booking
- Online Booking
-
Rental Length Outlook (Revenue, USD Billion; 2019-2032)
- Short Term
- Long Term
-
Vehicle Type Outlook (Revenue, USD Billion; 2019-2032)
- Luxury
- Executive
- Economy
- SUVs
- MUVs
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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