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Brazil Car Rental Industry and Toll Application Market Outlook To 2020 - Increasing Sporting and Cultural activities and Robust Tourism to Foster Future Growth" provides a comprehensive analysis regarding the performance of car rental industry in Brazil. The revenues of the industry have been segmented on the basis of fleet outsourcing (car leasing), and Rent a Car (RAC) market. Under each segment, aspects such as market size on the basis of revenue and fleet size have been computed. The report also covers market share in each segment along with the company profile of car rental companies, pricing analysis, government regulation and working model of Brazil car rental industry.
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Brazil Car Rental Industry and Toll Application Market Outlook To 2020 : Ken Research • PERFORMANCE OF BRAZIL CAR RENTAL INDUSTRY • The global car rental market is estimated to have obtained revenues totaling to USD ~ billion in 2015 and this figure is projected to nearly double to USD ~ billion by 2020 at a CAGR of ~%. The US is the largest and oldest car rental market and is not expected to drive the car industry growth that much. • The Brazilian car rental market obtained revenues amounting to USD ~ million by 2015 from ~ million in 2010, attaining a CAGR of ~% during the same period. , the car rental companies were responsible for providing 472,113 direct and indirect jobs. In addition to this, their contribution to the government through taxes totaled to USD ~ billion in 2015. The rental sector has remained one of the main clients for the automotive industry. • An increase in domestic and international tourism, improvements in airport infrastructure and increase in passenger flow at airports were addressed as primary reasons towards the growth of car rental sector in Brazil.
Figure: Brazil Car Rental Market Size On The Basis Of Revenues in USD Million, 2010-2015
How Has The Fleet Outsourcing Market Performed? • The revenues from the fleet outsourcing (car leasing) market augmented from USD ~ million in 2010 to USD ~ million in 2015, achieving a CAGR of ~% during the same period. • Figure: Brazil Car Leasing Market Size On The Basis Of Revenue in USD Million, 2010-2015
Toll Application Market In Brazil • Brazil, like most countries, had adopted the highway tolling system scheme in order to raise funds to maintain existing highway facilities and simultaneously building new ones. Brazil has a distinctive toll road system management and administration. All the toll highways in the country are under maintenance and operational contracts. In a broad sense, the public administrations all over Brazil construct the highways and then transfer the rights to private entrepreneurs through concessional contracts. • The revenue generated from the toll market increased from USD ~ million in 2010 to USD ~ million in 2015, achieving a CAGR of ~% from 2010 to 2015.
The toll road network increased from ~ km in 2010 to ~ km in 2015. During the same period, private companies operating toll roads increased from ~ in 2010 to ~ in 2015. • The collection of toll from vehicles passing toll booths can either be done manually or through an electronic mode. While there is still a large number of toll booths that use manual methods of toll collection from passenger and freight vehicles, the advancements in technology have caused a growing number of toll operating companies to switch to the electronic mode of collection. • The Brazilian Constitution features a principle known as “The Lawfulness Principle”, similar to the “Rule of Law” practiced in North America. The law states that all government acts must be authorized by law, whether it involved levying taxes, conceding resources and contracts to private players, or charging fines and penalties.
Future Outlook For Brazil Car Rental Industry • The revenues from the overall car rental industry in Brazil are estimated to augment from USD ~ million in 2016 to ~ million by 2018, achieving a peak growth of ~% in 2016 from the previous year. By 2020, the revenues from the car rental industry are projected to augment to USD ~ million, achieving a CAGR of ~% from 2016 to 2020. • The revenues from the car leasing market is projected to augment from USD ~ million in 2016 to USD ~ million by 2020 with a CAGR of ~% during the same period. The flee size in the car rental segment is expected to increase from ~ in 2016 to ~ in 2020, registering a CAGR of ~% during the same period. • The revenues from the self-driven market is forecasted to increase from USD ~ million in 2016 to USD ~ million by 2020 with a CAGR of ~% during the same period. The fleet size in the self-driven car rental segment is projected to increase from ~ in 2016 to ~ by 2020, registering a CAGR of ~% during the same period.
Key Factors Considered In The Report • Comparative Analysis Of Brazil and The US Car Rental Industry • Brazil Car Rental Industry - Self-Driven, Chauffeur Driven and Fleet Outsourcing Market Size By Revenue And Fleet Size, Market Segmentation and Market Share Of Major Players • Pricing Analysis In Brazil Self-Driven Car Rental Market • Operating Model In Brazil Car Rental Market • Brazil Toll application Market Size By Revenue and Road Network, Payment Structure and Legislation in The Toll Application Market • Competitive Landscape of Major Players In Brazil Car Rental industry • SWOT analysis Of Brazil Car Rental Market • Brazil Car Rental Industry Future Outlook
Table Of Contents • 1.Executive Summary • Comparison of Brazil and The US Car Rental Industry • Genesis Of the Car Rental Industry in Brazil • Brazil Car Rental Industry Overview • Brazil Fleet Outsourcing Market Overview • Brazil Rent a Car (RAC) Market Overview • Brazil Self-Driven Car Rental Market Overview • Brazil Chauffeur-Driven Car Rental Market Overview • Government Regulation in Brazil Car Rental Market • Toll Application Market Overview • Growth Driver and Trends in Brazil Car Rental Industry • Challenges In Brazil Car Rental Market • Analyst Recommendations
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