The car rental market is poised to grow by $ 66.62 bn during 2021-2025 progressing at a CAGR of 18% during the forecast period.
The market is driven by the growth in travel and tourism industry, increasing incorporation of advanced digital technologies in car rental services, and growing interest in self-driving vehicles. This study identifies the advent of intermediaries as one of the prime reasons driving the car rental market growth during the next few years. Also, value-for-money car rental services, and advances in rental processes will lead to sizable demand in the market.
The reports on car rental market 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 global market scenario, latest trends and drivers, and the overall market environment.
The publisher's 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 car rental market vendors that include Avis Budget Group Inc., Carzonrent India Pvt. Ltd., Enterprise Holdings Inc., Europcar Mobility Group SA, Expedia Group Inc., Hertz Global Holdings Inc., Localiza Rent a Car SA, Movida Participacoes SA, SIXT SE, and Turo Inc..
Also, the car rental market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on 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 research - both primary and secondary. 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 an accurate market growth.
Key Topics Covered:
- Market Overview
- Market ecosystem
- Market Characteristics
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces analysis 2020 & 2025
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Economy cars - Market size and forecast 2020-2025
- Executive cars - Market size and forecast 2020-2025
- Luxury cars - Market size and forecast 2020-2025
- SUVs - Market size and forecast 2020-2025
- MUVs - Market size and forecast 2020-2025
- Market opportunity by Type
Market Segmentation by Mode of booking
- Market segments
- Comparison by Mode of booking
- Offline - Market size and forecast 2020-2025
- Online - Market size and forecast 2020-2025
- Market opportunity by Mode of booking
Market Segmentation by Rental category
- Market segments
- Comparison by Rental category
- Air Transport - Market size and forecast 2020-2025
- Local Transport - Market size and forecast 2020-2025
- Outstation transport - Market size and forecast 2020-2025
- Other transport - Market size and forecast 2020-2025
- Market opportunity by Rental category
- Customer landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Avis Budget Group Inc.
- Carzonrent India Pvt. Ltd.
- Enterprise Holdings Inc.
- Europcar Mobility Group SA
- Expedia Group Inc.
- Hertz Global Holdings Inc.
- Localiza Rent a Car SA
- Movida Participacoes SA
- SIXT SE
- Turo Inc.
For more information about this report visit https://www.researchandmarkets.com/r/316ohz