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Car or vehicle rental service is relatively developed in the industrialized economies. A car rental, hire car, or car hire company provides vehicles on rent for short periods of time, generally ranging from a few hours to a few weeks. Car rental providers have a number of local branches and offices near airports, bus stops, railway station, and busy city areas. The key vendors that provide vehicle rental services mainly focus on customer's requirements, growth, innovation, and offers that attract customers and efficiency.
Scope of the Report:
This report studies the Car Rental market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Car Rental market by product type and applications/end industries.
The impact of information technology in the industry has driven the transformation of the car rental services. The growing trend of using the Internet for customizing travel trips and online reservations & bookings is anticipated to propel the use of technology in the industry. The implementation of technology in these services makes the whole process safe, quick, reliable, and easy for consumers. In addition to this, the hassle-free process of online reservations and bookings increases convenience for both, the operators and customers.
One of the main challenges for car rental companies is to provide superior customer service, especially when it comes to customer complaints. The dissatisfaction comes from different situations. From a lack of information on additional payments and excess amount, to waiting for hours in line to get the car they already booked .
North America dominated the car rental market in 2015 and occupied around 39% of the total market revenue. Much of this region’s growth comes from the rise in accessibility and affordability of insurance and the growing popularity of car-sharing services. The increasing number of global tourists visiting Canada has also contributed to the rapid growth of the market. Factors such as an increase in business activities and growing awareness about carpool will drive revenues in this region during the forecast period.
The global Car Rental market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Car Rental.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
Avis Budget
Carzonrent
Enterprise Holding
Europcar
Hertz
Sixt
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Luxury Cars
Executive Cars
Economy Cars
SUVs
MUVs
Market Segment by Applications, can be divided into
Local Usage
Airport Transport
Outstation
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Car Rental Market Overview
1.1 Product Overview and Scope of Car Rental
1.2 Classification of Car Rental by Types
1.2.1 Global Car Rental Revenue Comparison by Types (2017-2023)
1.2.2 Global Car Rental Revenue Market Share by Types in 2017
1.2.3 Luxury Cars
1.2.4 Executive Cars
1.2.5 Economy Cars
1.2.6 SUVs
1.2.7 MUVs
1.3 Global Car Rental Market by Application
1.3.1 Global Car Rental Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Local Usage
1.3.3 Airport Transport
1.3.4 Outstation
1.4 Global Car Rental Market by Regions
1.4.1 Global Car Rental Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Car Rental Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Car Rental Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Car Rental Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Car Rental Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Car Rental Status and Prospect (2013-2023)
1.5 Global Market Size of Car Rental (2013-2023)
2 Manufacturers Profiles
2.1 Avis Budget
2.1.1 Business Overview
2.1.2 Car Rental Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Avis Budget Car Rental Revenue, Gross Margin and Market Share (2016-2017)
2.2 Carzonrent
2.2.1 Business Overview
2.2.2 Car Rental Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Carzonrent Car Rental Revenue, Gross Margin and Market Share (2016-2017)
2.3 Enterprise Holding
2.3.1 Business Overview
2.3.2 Car Rental Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Enterprise Holding Car Rental Revenue, Gross Margin and Market Share (2016-2017)
2.4 Europcar
2.4.1 Business Overview
2.4.2 Car Rental Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Europcar Car Rental Revenue, Gross Margin and Market Share (2016-2017)
2.5 Hertz
2.5.1 Business Overview
2.5.2 Car Rental Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Hertz Car Rental Revenue, Gross Margin and Market Share (2016-2017)
2.6 Sixt
2.6.1 Business Overview
2.6.2 Car Rental Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Sixt Car Rental Revenue, Gross Margin and Market Share (2016-2017)
3 Global Car Rental Market Competition, by Players
3.1 Global Car Rental Revenue and Share by Players (2013-2018)
3.2 Market Concentration Rate
3.2.1 Top 5 Car Rental Players Market Share
3.2.2 Top 10 Car Rental Players Market Share
3.3 Market Competition Trend
4 Global Car Rental Market Size by Regions
4.1 Global Car Rental Revenue and Market Share by Regions
4.2 North America Car Rental Revenue and Growth Rate (2013-2018)
4.3 Europe Car Rental Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific Car Rental Revenue and Growth Rate (2013-2018)
4.5 South America Car Rental Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa Car Rental Revenue and Growth Rate (2013-2018)
5 North America Car Rental Revenue by Countries
5.1 North America Car Rental Revenue by Countries (2013-2018)
5.2 USA Car Rental Revenue and Growth Rate (2013-2018)
5.3 Canada Car Rental Revenue and Growth Rate (2013-2018)
5.4 Mexico Car Rental Revenue and Growth Rate (2013-2018)
6 Europe Car Rental Revenue by Countries
6.1 Europe Car Rental Revenue by Countries (2013-2018)
6.2 Germany Car Rental Revenue and Growth Rate (2013-2018)
6.3 UK Car Rental Revenue and Growth Rate (2013-2018)
6.4 France Car Rental Revenue and Growth Rate (2013-2018)
6.5 Russia Car Rental Revenue and Growth Rate (2013-2018)
6.6 Italy Car Rental Revenue and Growth Rate (2013-2018)
7 Asia-Pacific Car Rental Revenue by Countries
7.1 Asia-Pacific Car Rental Revenue by Countries (2013-2018)
7.2 China Car Rental Revenue and Growth Rate (2013-2018)
7.3 Japan Car Rental Revenue and Growth Rate (2013-2018)
7.4 Korea Car Rental Revenue and Growth Rate (2013-2018)
7.5 India Car Rental Revenue and Growth Rate (2013-2018)
7.6 Southeast Asia Car Rental Revenue and Growth Rate (2013-2018)
8 South America Car Rental Revenue by Countries
8.1 South America Car Rental Revenue by Countries (2013-2018)
8.2 Brazil Car Rental Revenue and Growth Rate (2013-2018)
8.3 Argentina Car Rental Revenue and Growth Rate (2013-2018)
8.4 Colombia Car Rental Revenue and Growth Rate (2013-2018)
9 Middle East and Africa Revenue Car Rental by Countries
9.1 Middle East and Africa Car Rental Revenue by Countries (2013-2018)
9.2 Saudi Arabia Car Rental Revenue and Growth Rate (2013-2018)
9.3 UAE Car Rental Revenue and Growth Rate (2013-2018)
9.4 Egypt Car Rental Revenue and Growth Rate (2013-2018)
9.5 Nigeria Car Rental Revenue and Growth Rate (2013-2018)
9.6 South Africa Car Rental Revenue and Growth Rate (2013-2018)
10 Global Car Rental Market Segment by Type
10.1 Global Car Rental Revenue and Market Share by Type (2013-2018)
10.2 Global Car Rental Market Forecast by Type (2018-2023)
10.3 Luxury Cars Revenue Growth Rate (2013-2023)
10.4 Executive Cars Revenue Growth Rate (2013-2023)
10.5 Economy Cars Revenue Growth Rate (2013-2023)
10.6 SUVs Revenue Growth Rate (2013-2023)
10.7 MUVs Revenue Growth Rate (2013-2023)
11 Global Car Rental Market Segment by Application
11.1 Global Car Rental Revenue Market Share by Application (2013-2018)
11.2 Car Rental Market Forecast by Application (2018-2023)
11.3 Local Usage Revenue Growth (2013-2018)
11.4 Airport Transport Revenue Growth (2013-2018)
11.5 Outstation Revenue Growth (2013-2018)
12 Global Car Rental Market Size Forecast (2018-2023)
12.1 Global Car Rental Market Size Forecast (2018-2023)
12.2 Global Car Rental Market Forecast by Regions (2018-2023)
12.3 North America Car Rental Revenue Market Forecast (2018-2023)
12.4 Europe Car Rental Revenue Market Forecast (2018-2023)
12.5 Asia-Pacific Car Rental Revenue Market Forecast (2018-2023)
12.6 South America Car Rental Revenue Market Forecast (2018-2023)
12.7 Middle East and Africa Car Rental Revenue Market Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Car Rental Picture
Table Product Specifications of Car Rental
Table Global Car Rental and Revenue (Million USD) Market Split by Product Type
Figure Glob
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