Introduction
Car Rental Market was valued at USD XX Billion in 2019 and is projected to reach USD XX billion by 2025, at a CAGR of XX% from 2020-2025. Due to Rise in international tourism combined with awareness about rental car services are expected to be the major factors driving the growth of the car rental market. Furthermore, growing trend of using internet for customizing travel trips and online reservations and bookings are estimated to enhance the use of technology in the car rental market over the upcoming years. Additionally, leading car rental service providers are giving quality services and endorsing their brands at airports and this is helping customers to adopt their services. However, Fluctuation in the crude oil prices and increased operational cost are the factors anticipated to hamper the growth of the car rental market over the forecast period.
Geographical Overview
Geographically, North America dominated the car rental market followed by Asia Pacific owing to the consumer preference coupled with presence of large number of key operators in the North American regions. Moreover, growing number of business trips as both domestic and international and number of air travelers is expected to increase the demand of such services in the North American regions. On the other hand, expansion of leading car rental companies along with technological advancements in the regions such as Asia Pacific is anticipated to nurture demand for car rental services in the upcoming years. Moreover, strengthening position of the medical tourism industry is augmented to drive the Asia Pacific market for car rentals in the years to come.
Segmental Overview
Car Rental Market is segmented as per below specifications -
By Car Type
• Luxury Cars
• Economy Cars
• SUVs
• MUVs
By Category
• Local Usage
• Airport Transport
• Outstation
By Fuel Type
• Gasoline And Petrol
• Diesel
Competitor Analysis
Car Rental Market has presence of some of the key major players across globe which includes
• Carzonrent
• Al-Futtaim Group
• EuropCar
• The Hertz Coorporation
• sixt
• Avis Budget Group, Inc.
• Enterprise Rent-A-Car
• Uber Technologies.inc
• Enterprise Holding inc.
• Al-Futtaim Group
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is Car Rental Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations
Chapter 1 Research Objective
1.1 Need of the Research Report
1.2 Client Objectives
1.3 Offered Solutions
Chapter 2 Recommendations
2.1 Executive Summary
2.1.1 Market Overview
2.1.2 Competitive Insights
2.1.3 Segmental Analysis
2.1.4 Geographical Market Details
2.2 Lead Generation
2.3 Consultant
2.4 Return on Investment
Chapter 3 Research Methodology
3.1 Chromatus Database
3.2 Paid Sources
3.3 Primary Data Collection
3.3.1 Email Surveys
3.3.2 Telephonic Interviews
3.3.3 Face to Face Interviews
3.4 Secondary Data Collection
3.4.1 Annual Reports
3.4.2 Government Publications
3.4.3 Trade Data
3.4.4 Association Data
3.4.5 Research Papers/ Blogs/ News Articles
3.5 Expert Advisory Panel
3.6 Data Analytics Model
Chapter 4 Car Rental Market Overview
4.1 Parent Market Overview
4.2 Patent Analysis
4.3 PESTEL Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.3.5 Legal
4.4 SWOT Analysis
4.4.1 Strengths
4.4.2 Weakness
4.4.3 Opportunities
4.4.4 Threats
4.5 Regulations
4.6 Value Chain/ Supply Chain Analysis
4.7 Procurement & Vendor Analysis
4.8 Porters Five Analysis
4.8.1 Threat of new entrants
4.8.2 Bargaining power of suppliers
4.8.3 Bargaining power of buyers
4.8.4 Threat of substitutes
4.8.5 Competitive rivalry
Chapter 5 Regional Analysis
Global Car Rental Market Estimation and Forecast, 2017 - 2025 (USD Billion)
5.1 North America Market
5.1.1 U.S.
5.1.1 Canada
5.2 Europe Market
5.2.1 UK
5.2.2 Germany
5.2.3 France
5.2.4 Spain
5.2.5 Italy
5.2.6 Russia & CIS
5.2.7 Rest of Europe
5.3 Asia Pacific Market
5.3.1 China
5.3.2 Japan
5.3.3 India
5.3.4 South Korea
5.3.5 ASEAN
5.3.6 Rest of Asia Pacific
5.4 Rest of the World
5.4.1 Latin America
5.4.1.1 Brazil
5.4.1.2 Argentina
5.4.1.3 Rest of Latin America
5.4.2 Middle East
5.4.3 Africa
Chapter 6 Company Profile
6.1 Carzonrent
6.1.1 Introduction
6.1.2 Financial Overview
6.1.3 Product Portfolio
6.1.4 Recent Developments
6.1.5 SWOT Analysis
6.2 Al-Futtaim Group
6.3 EuropCar
6.4 The Hertz Coorporation
6.5 sixt
6.6 Avis Budget Group, Inc.
6.7 Enterprise Rent-A-Car
6.8 Uber Technologies.inc
6.9 Enterprise Holding inc.
6.10 Al-Futtaim Group
Chapter 7 Competitor Analysis
7.1 Company Ranking
7.2 Key Innovators
7.3 Market Leader
7.4 Emerging Players
7.5 Strategic Alliances
7.6 Competitive Matrix of 12 Companies
Chapter 8 Global Car Rental Market by Product Type Estimation and Forecast, 2017 - 2025 (USD Billion)
8.1 Luxury Cars
8.2 Economy Cars
8.3 SUVs
8.4 MUVs
Chapter 9 Global Car Rental Market by Category Type Estimation and Forecast, 2017 - 2025 (USD Billion)
9.1 Local Usage
9.2 Airport Transport
9.3 Outstation
Chapter 10 Global Car Rental Market by Fuel Type Estimation and Forecast, 2017 - 2025 (USD Billion)
10.1 Gasoline And Petrol
10.2 Diesel
Chapter 11 Appendix
11.1 Data Sources
11.2 Abbreviations
11.3 About US
11.4 Disclaimer
11.5 Key Notes
List of Tables
Table 1 Global Car Rental Market, by Region, 2017 - 2025 (USD Billion)
Table 2 Global Car Rental Market, by Product Type, 2017 - 2025 (USD Billion)
Table 3 Global Car Rental Market, by Consumption Type, 2017 - 2025 (USD Billion)
Table 4 Global Car Rental Market, by Distribution Type, 2017 - 2025 (USD Billion)
Table 5 North America Car Rental Market 2017 - 2025 (USD Billion)
Table 6 North America Car Rental Market by Product Type 2017 - 2025 (USD Billion)
Table 7 North America Car Rental Market by Consumption Type 2017 - 2025 (USD Billion)
Table 8 North America Car Rental Market by Distribution Type 2017 - 2025 (USD Billion)
Table 9 US Car Rental Market 2017 - 2025 (USD Billion)
Table 10 Canada Car Rental Market 2017 - 2025 (USD Billion)
Table 11 Europe Car Rental Market 2017 - 2025 (USD Billion)
Table 12 Europe Car Rental Market by Product Type 2017 - 2025 (USD Billion)
Table 13 Europe Car Rental Market by Consumption Type 2017 - 2025 (USD Billion)
Table 14 Europe Car Rental Market by Distribution Type 2017 - 2025 (USD Billion)
Table 15 UK Car Rental Market 2017 - 2025 (USD Billion)
Table 16 Germany Car Rental Market 2017 - 2025 (USD Billion)
Table 17 France Car Rental Market 2017 - 2025 (USD Billion)
Table 18 Spain Car Rental Market 2017 - 2025 (USD Billion)
Table 19 Italy Car Rental Market 2017 - 2025 (USD Billion)
Table 20 Russia & CIS Car Rental Market 2017 - 2025 (USD Billion)
Table 21 Rest of Europe Car Rental Market 2017 - 2025 (USD Billion)
Table 22 Asia Pacific Car Rental Market 2017 - 2025 (USD Billion)
Table 23 Asia Pacific Car Rental Market by Product Type 2017 - 2025 (USD Billion)
Table 24 Asia Pacific Car Rental Market by Consumption Type 2017 - 2025 (USD Billion)
Table 25 Asia Pacific Car Rental Market by Distribution Type 2017 - 2025 (USD Billion)
Table 26 China Car Rental Market 2017 - 2025 (USD Billion)
Table 27 Japan Car Rental Market 2017 - 2025 (USD Billion)
Table 28 India Car Rental Market 2017 - 2025 (USD Billion)
Table 29 South Korea Car Rental Market 2017 - 2025 (USD Billion)
Table 30 ASEAN Car Rental Market 2017 - 2025 (USD Billion)
Table 31 Rest of Asia Pacific Car Rental Market 2017 - 2025 (USD Billion)
Table 32 Latin America Car Rental Market 2017 - 2025 (USD Billion)
Table 33 Latin America Car Rental Market by Product Type 2017 - 2025 (USD Billion)
Table 34 Latin America Car Rental Market by Consumption Type 2017 - 2025 (USD Billion)
Table 35 Latin America Car Rental Market by Distribution Type 2017 - 2025 (USD Billion)
Table 36 Brazil Car Rental Market 2017 - 2025 (USD Billion)
Table 37 Argentina Car Rental Market 2017 - 2025 (USD Billion)
Table 38 Rest of Latin America Car Rental Market 2017 - 2025 (USD Billion)
Table 39 Middle East Car Rental Market 2017 - 2025 (USD Billion)
Table 40 Middle East Car Rental Market by Product Type 2017 - 2025 (USD Billion)
Table 41 Middle East Car Rental Market by Consumption Type 2017 - 2025 (USD Billion)
Table 42 Middle East Car Rental Market by Distribution Type 2017 - 2025 (USD Billion)
Table 43 Africa Car Rental Market 2017 - 2025 (USD Billion)
Table 44 Africa Car Rental Market by Product Type 2017 - 2025 (USD Billion)
Table 45 Africa Car Rental Market by Consumption Type 2017 - 2025 (USD Billion)
Table 46 Africa Car Rental Market by Distribution Type 2017 - 2025 (USD Billion)
List of Figures
Fig. 1 Primary Research Method
Fig. 2 Secondary Research Method
Fig. 3 Value chain analysis
Fig. 4 PESTEL Analysis
Fig. 5 SWOT Analysis
Fig. 6 Porters Five forces analysis
Fig. 7 Car Rental Market: Penetration & growth prospect mapping
Fig. 8 Car Rental Market: Competitive snapshot
Fig. 9 Car Rental Market: Segmental snapshot
Fig. 10 Market Overview
Fig. 11 Car Rental Market: Product Analysis, 2017 - 2025
Fig. 12 Car Rental Market: Regional Analysis, 2017 - 2025
Fig. 13 Car Rental Market: Competitive Matrix
Fig. 14 Car Rental Market: Revenue Mix