Car Rental Services Market is Evolving with High Growth Rate more than at a CAGR 12.5 % By 2024

The Global Car Rental Services market is expected to grow at a CAGR of 12.09% during the forecast period.

November 8, 2018 —

New York, November 08, 2018: The Global Car Rental Services market is expected to grow at a CAGR of 12.09% during the forecast period. The development in travel and tourism industry is the major growth factor of the car rental services market across the world. Also increasing incorporation of advanced digital technologies in car renter services is one of the primary factors that will drive the growth of the car rental industry in forthcoming years.

Market Research Engine has published a new report titled as “Car Rental Services Market Size, By Car Type (Luxury Cars, Economy Cars, SUVs, MUVs, Executive Cars), By Category (Local Usage, Outstation, Airport Transport And Others), By Region, Market Analysis Report, Forecast 2018-2024.”

Browse Full Report: https://www.marketresearchengine.com/car-rental-services-market

Global car rental services market is segregated on the basis of Car Type as Luxury Cars, Economy Cars, SUVs, MUVs and Executive Cars. Based on Category, the global car rental services market is segmented as Local usage, outstation Usage, airport transport and others.

Global car rental services market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The car rental services market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

Competitive Rivalry

Avis Budget Group, hertz and Sixt are among the major players in the global car rental services market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Car rental services Market has been segmented as below:

Car rental services Market, by Car Type

Luxury Cars
Economy Cars
SUVs
MUVs
Executive Cars

Car rental services Market, by Category

Local Usage
Outstation Usage
Airport Transportation
Others

Car rental services Market, By Region

North America
Europe
Asia Pacific
Rest of World

The report covers:

Global car rental services market sizes from 2015 to 2024, along with CAGR for 2018-2024.
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024.
Global car rental services market trends, covering comprehensive range of consumer trends & manufacturer trends.
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the car rental services market.
Major market opportunities and challenges in forecast timeframe to be focused.
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management.
Comprehensive company profiles of the key industry players.

Report scope:

Global car rental services market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global car rental services market share. Major industry players with significant revenue share include Enterprise Holding, Hertz, Carzonrent etc.

Reasons to Buy this Report:

Gain detailed insights on the car rental services industry trends
Find complete analysis on the market status
Identify the car rental services market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making

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Table of Contents:

Introduction
Research Methodology
Executive Summary
Market Overview

4.1. Introduction

4.2. Drivers

4.2.1. Rise in the disposable income of the people

4.2.2. Expansion of travel and tourism industry

4.2.3. High standard of living

4.2.4. Lifestyle changes

4.2.5. Increasing numbers in hybrid vehicles

4.3. Restraints

4.3.1. Stringent government rules

4.3.2. Negative impact of volatile prices of gasoline and petroleum products

Car rental services Market, by Car Type
Car rental services Market, by Category
Competitive Landscape
Company Profile

8.1. Carzonrent India Pvt. Ltd.

8.2. Europcar

8.3. Uber Technologies Inc.

8.4. Eco Rent A Car

8.5. German Rent A Car

8.6. Alamo

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Name: John Bay
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Organization: Market Research Engine

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Release ID: 440456