1 / 8

Why Car Rental Market is set to double its business in the coming years?

Get PDF Sample Copy of this report: https://www.alliedmarketresearch.com/request-sample/2073 <br><br>The growth of the global car rental market is majorly driven by development of the travel & tourism industry. Furthermore, rise in disposable income of people in countries such as the U.S., Germany, and Italy and enhanced road infrastructure is promoting the growth of the market. Increase in investment by global funds and players opting for aggregator-based business model further fueling the market growth. Automobile companies have developed green vehicles to control the rise in pollution level. Car rental industry contributes significantly in the reduction of the air pollution level.

prashantawhale
Download Presentation

Why Car Rental Market is set to double its business in the coming years?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Car RentalMarket Car Rental Market by Type of Car (Luxury Car, Executive Car, Economical Car, Sports Utility Vehicle (SUV), and Multi Utility Vehicle (MUV)) and Rental Category (On Airport and Off Airport (Local Usage, Outstation)) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022 Get Sample PDF Copy of this report: https://www.alliedmarketresearch.com/request-sample/2073 For more information on this report: https://www.alliedmarketresearch.com/car-rental-market

  2. Car RentalMarket Current and future Market Scenario Car Rental Market is estimated to reach $164,335 million by 2022, states Allied Market Research. Car Rental Market will grow at a prominent CAGR of 11.6%. The Car Rental Market was valued at$79,648 in 2015. The Economical Car Segment is anticipated to dominate the market throughout the analysis period.

  3. Car Rental Market Factors Contributing to Market Growth The growth of the global car rental market is majorly driven by development of the travel & tourism industry. Furthermore, rise in disposable income of people in countries such as the U.S., Germany, and Italy and enhanced road infrastructure is promoting the growth of the market.

  4. Car Rental Market Market Segments

  5. Car Rental Market Dominating Segments By rental category, the car rental market is befitted into on-airport and off-airport. The off-airport category is further divided into local usage, outstation, and others. The economical car segment accounted for the highest revenue in 2015, is anticipated to grow at a CAGR of 12.5%, owing to high rate of adoption of economy cars in the emerging economies of Asia-Pacific and LAMEA. Asia-Pacific is anticipated to take over the major market share post 2017.

  6. Car Rental Market Region Overview Geographically, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and rest of Europe), Asia-Pacific (China, South Korea, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). North America led the market, generating revenue of $32,248 million in 2015, and is projected to grow at a CAGR of 8.8%.

  7. Car Rental Market Leading Players The key players of the Car Rental Market are Avis Budget Group, Inc., Carzonrent India Pvt Ltd., Enterprise Holdings Inc., Europcar, The Hertz Corporation, Sixt Rent a Car, Uber Technologies Inc., Localiza, Eco Rent a Car, Budget Rent a Car System Inc., German Rent a Car, Tempest Car Hire, DTG Operations Inc. and Alamo.

  8. A report titled “Car Rental Market- Opportunities and Forecasts, 2014 – 2022” has been recently published by Allied Market Research. The report makes close observations of pipeline structure for end-to-end Car RentalMarket around the world. It makes an in-depth analysis of current trends, drivers, and restraining factors that affect financial ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from stakeholder’s perspective. To know more about the Car Rental Market - Opportunities and Forecasts, 2016 – 2022 report: https://www.alliedmarketresearch.com/car-rental-market Follow us on Thank You

More Related