Self-Drive Car Rental Market to be Worth US$86.589 billion by 2025

1. Self-Drive Car Rental Market Forecast From 2020 to 2025

2. DESCRIPTION The global self-drive car rental market is expected to grow at a CAGR of 6.52% during the forecast period, to reach US$86.589 billion in 2025 from US$59.280 billion in 2019. This growth is attributed to the fact that increasing number of people prefer to rent any car like a luxury car or a car they want to drive to travel to long distances like weekend vacations and work trips. Self-drive rental cars are cars that are provided by different car rental companies to people for a fixed or subsidized rate so they can enjoy a premium driving experience. Self-drive cars are provided to customers for different time periods ranging from a day to some weeks depending upon company packages. The cars that are provided can include economy cars such as Honda, Hyundai, Kia etc. and luxury cars like Mercedes, BMW, Audi etc. As the disposable income of people is rising, and people are getting busier they tend to look for weekend vacations to get away from the work-life and tend to rent luxury and other cars for a premium driving experience to the destination which is increasing the demand of self drive rental cars and is expected to boost the market growth.

3. Key Questions Answered By The Report • What will be the Self-Drive Car Rental Market from 2020 to 2025? • How are the major drivers and restraints affecting the Self-Drive Car Rental Market . • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

4. Segments Covered Under Self-Drive Car Rental Market are : • By Vehicle Type • Economy Car • Luxury Car • By Mode of Booking • Online • Offline

5. Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others

6. Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others

7. COMPANY PROFILES • SIXT Rent a Car, LLC • Alamo • The Hertz Corporation • National Car Rental • Turo • Avis Rent A Car System, LLC • Zoomcar • Revv • Europcar • DTG Operations, Inc. • Fox Rent A Car • Budget Rent A Car System, Inc. • Advantage OPCO, LLC • E-Z Rent A Car

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