Research and Markets: The Car Rental Market in the US to Grow At A CAGR Of 6 Percent over the Period 2011-2015

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/zqgcbj/car_rental_market) has announced the addition of the "Car Rental Market in the US 2011-2015" report to their offering.

One of the key factors contributing to this market growth is the increasing international visitors to the US. The Car Rental Market in the US has also been witnessing technology driving new services. However, the decline in corporate travel could pose the biggest challenge to the growth of this market.

Key vendors dominating this market space include Avis Budget Group Inc., Dollar Thrifty Automotive Group Inc., Enterprise Holdings Inc., and The Hertz Corp.

Other vendors mentioned in the report are Fox Rent A Car Inc., Zipcar Inc., Payless Car Rental System Inc., ACE Rent A Car, Rent-A-Wreck of America, and Triangle Rent-A-Car Inc.

Commenting on the report, an analyst from TechNavio's Automotive team said: ''The Car Rental market in the US is expected to witness new rental services being introduced due to technology usage, which will drive the market in the near future. For instance, more electric cars will be available for rental. Enterprise Rent A Car has expanded its electric fleet to 11 California cities and is operating as the state's largest network of ''green'' rentals. Similarly, Hertz has introduced 24/7 ExpressRent kiosks at airports. Furthermore, Hertz gold members can sign up for ''eReturn,'' which offers electronic receipts and faster vehicle returns. Also, Avis Budget Group is planning an ''On Location'' service powered by ID System's exclusive wireless vehicle management system, which will enable corporate clients to rent and check in vehicles using a smartphone and also has the potential to automate vehicle data collection and streamline billing. The service will be launched initially in North America.''.

For more information visit http://www.researchandmarkets.com/research/zqgcbj/car_rental_market

Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Auto Leasing and Rental

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Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Auto Leasing and Rental