Product Code: A01743
Title:
Car Rental Market by Application (Leisure and Commercial), Rental Category (On Airport and Off airport), and Vehicle Type (Luxury car, Executive car, Economical car, Sports Utility Vehicle (SUV), and Multi Utility Vehicle (MUV)): Global Opportunity Analysis and Industry Forecast, 2020-2027.
Car rental companies offer automobiles on rent with a suitable fee for a certain duration, which can range from hours to months. Presently, various types of cars including economy cars, executive cars, luxury cars, SUVs, and MUVs are available on rent. These cars are rented for different purposes such as airport transport, local usage, outstation, event transportation, self-drive, and employee transportation. Besides basic vehicle renting, car rental firms often offer additional services such as entertainment systems, GPS navigation systems, and insurance. These companies offer their facilities to people who do not own a vehicle, whose vehicles are out for maintenance, or have no access or limited access to personal vehicles. In addition, owners of broken vehicles and tourists & travelers avail these services. This service is generally structured across various local branches that facilitate customers to easily return vehicles at their preferred locations. The car rental procedure is often managed through websites, making way for customers to book their vehicles online.
The market is anticipated to witness significant growth over the years, owing to low rate of car ownership among millennials and increasing trend of on-demand transportation services.
The global car rental market is segmented on the basis of application, rental category, vehicle type, and geography. By application, it is classified into leisure and commercial. By rental category, it is divided into on-airport and off airport. On the basis of vehicle type, it is categorized into luxury car, executive car, economical car, sports utility vehicle (SUV), and multi utility vehicle (MUV). Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA..
The key players analyzed in the Car rental market include Avis Budget Group, Inc, EuropeCar, Enterprise Holdings, Inc., Hertz System, Inc., Localiza, Sixt, Carzonrent India Pvt Ltd., Eco Rent a Car, and ANI Technologies Pvt. Ltd.
KEY BENEFITS FOR STAKEHOLDERS
This study presents the analytical depiction of the global car rental market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the market.
Porter's five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Application
By Rental category
By Car type
- Luxury car
- Executive car
- Economical car
- Sports utility vehicle (SUV)
- Multi utility vehicle (MUV)
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS
- Avis Budget Group
- Europcar
- Enterprise Holdings Inc.
- Hertz System, Inc.
- Localiza
- SIXT
- Uber Technologies, Inc.
- Carzonrent India Pvt Ltd.
- Eco Rent a Car
- ANI Technologies Pvt. Ltd. (OLA TAXI'S)
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key benefits for stakeholders
- 1.3.Key market segments
- 1.4.Research methodology
- 1.4.1.Primary research
- 1.4.2.Secondary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top impacting factors
- 3.2.2.Top investment pockets
- 3.2.3.Top winning strategies
- 3.3.Porter's five forces analysis
- 3.4.Market share analysis (2019)
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.1.1.Increasing trend of on-demand transportation services.
- 3.5.1.2.Low rate of car ownership among millennials.
- 3.5.2.Restraint
- 3.5.2.1.Low rate of internet penetration in developing regions
- 3.5.3.Opportunities
- 3.5.3.1.Adoption of car rental management software
CHAPTER 4:CAR RENTAL MARKET, BY APPLICATION
- 4.1.Overview
- 4.2.Leisure
- 4.2.1.Key market trends, growth factors and opportunities
- 4.2.2.Market size and forecast, by region
- 4.2.3.Market analysis by country
- 4.3.Commercial
- 4.3.1.Key market trends, growth factors, and opportunities
- 4.3.2.Market size and forecast, by region
- 4.3.3.Market analysis by country
CHAPTER 5:CAR RENTAL MARKET, BY RENTAL CATEGORY
- 5.1.Overview
- 5.2.On-airport
- 5.2.1.Key market trends, growth factors and opportunities
- 5.2.2.Market size and forecast, by region
- 5.2.3.Market analysis by country
- 5.3.Off airport
- 5.3.1.Key market trends, growth factors, and opportunities
- 5.3.2.Market size and forecast, by region
- 5.3.3.Market analysis by country
CHAPTER 6:CAR RENTAL MARKET, BY CAR TYPE
- 6.1.Overview
- 6.2.Luxury car
- 6.2.1.Key market trends, growth factors and opportunities
- 6.2.2.Market size and forecast, by region
- 6.2.3.Market analysis by country
- 6.3.Executive car
- 6.3.1.Key market trends, growth factors, and opportunities
- 6.3.2.Market size and forecast, by region
- 6.3.3.Market analysis by country
- 6.4.Economical car
- 6.4.1.Key market trends, growth factors, and opportunities
- 6.4.2.Market size and forecast, by region
- 6.4.3.Market analysis by country
- 6.5.Sports utility vehicle (SUV)
- 6.5.1.Key market trends, growth factors, and opportunities
- 6.5.2.Market size and forecast, by region
- 6.5.3.Market analysis by country
- 6.6.Multi utility vehicle (MUV)
- 6.6.1.Key market trends, growth factors, and opportunities
- 6.6.2.Market size and forecast, by region
- 6.6.3.Market analysis by country
CHAPTER 7:CAR RENTAL MARKET, BY REGION
- 7.1.Overview
- 7.2.North America
- 7.2.1.Key market trends, growth factors, and opportunities
- 7.2.2.Market size and forecast, by application
- 7.2.3.Market size and forecast, by rental category
- 7.2.4.Market size and forecast, by car type
- 7.2.5.Market analysis by country
- 7.2.5.1.U.S.
- 7.2.5.1.1.Market size and forecast, by application
- 7.2.5.1.2.Market size and forecast, by rental category
- 7.2.5.1.3.Market size and forecast, by car type
- 7.2.5.2.Canada
- 7.2.5.2.1.Market size and forecast, by application
- 7.2.5.2.2.Market size and forecast, by rental category
- 7.2.5.2.3.Market size and forecast, by car type
- 7.2.5.3.Mexico
- 7.2.5.3.1.Market size and forecast, by application
- 7.2.5.3.2.Market size and forecast, by rental category
- 7.2.5.3.3.Market size and forecast, by car type
- 7.3.Europe
- 7.3.1.Key market trends, growth factors, and opportunities
- 7.3.2.Market size and forecast, by application
- 7.3.3.Market size and forecast, by rental category
- 7.3.4.Market size and forecast, by car type
- 7.3.5.Market analysis by country
- 7.3.5.1.UK
- 7.3.5.1.1.Market size and forecast, by application
- 7.3.5.1.2.Market size and forecast, by rental category
- 7.3.5.1.3.Market size and forecast, by car type
- 7.3.5.2.Germany
- 7.3.5.2.1.Market size and forecast, by application
- 7.3.5.2.2.Market size and forecast, by rental category
- 7.3.5.2.3.Market size and forecast, by car type
- 7.3.5.3.Spain
- 7.3.5.3.1.Market size and forecast, by application
- 7.3.5.3.2.Market size and forecast, by rental category
- 7.3.5.3.3.Market size and forecast, by car type
- 7.3.5.4.France
- 7.3.5.4.1.Market size and forecast, by application
- 7.3.5.4.2.Market size and forecast, by rental category
- 7.3.5.4.3.Market size and forecast, by car type
- 7.3.5.5.Rest of Europe
- 7.3.5.5.1.Market size and forecast, by application
- 7.3.5.5.2.Market size and forecast, by rental category
- 7.3.5.5.3.Market size and forecast, by car type
- 7.4.Asia-Pacific
- 7.4.1.Key market trends, growth factors, and opportunities
- 7.4.2.Market size and forecast, by application
- 7.4.3.Market size and forecast, by rental category
- 7.4.4.Market size and forecast, by car type
- 7.4.5.Market analysis by country
- 7.4.5.1.China
- 7.4.5.1.1.Market size and forecast, by application
- 7.4.5.1.2.Market size and forecast, by rental category
- 7.4.5.1.3.Market size and forecast, by car type
- 7.4.5.2.Japan
- 7.4.5.2.1.Market size and forecast, by application
- 7.4.5.2.2.Market size and forecast, by rental category
- 7.4.5.2.3.Market size and forecast, by car type
- 7.4.5.3.India
- 7.4.5.3.1.Market size and forecast, by application
- 7.4.5.3.2.Market size and forecast, by rental category
- 7.4.5.3.3.Market size and forecast, by car type
- 7.4.5.4.South Korea
- 7.4.5.4.1.Market size and forecast, by application
- 7.4.5.4.2.Market size and forecast, by rental category
- 7.4.5.4.3.Market size and forecast, by car type
- 7.4.5.5.Rest of Asia-Pacific
- 7.4.5.5.1.Market size and forecast, by application
- 7.4.5.5.2.Market size and forecast, by rental category
- 7.4.5.5.3.Market size and forecast, by car type
- 7.5.LAMEA
- 7.5.1.Key market trends, growth factors, and opportunities
- 7.5.2.Market size and forecast, by application
- 7.5.3.Market size and forecast, by rental category
- 7.5.4.Market size and forecast, by car type
- 7.5.5.Market analysis by country
- 7.5.5.1.Latin America
- 7.5.5.1.1.Market size and forecast, by application
- 7.5.5.1.2.Market size and forecast, by Rental Category
- 7.5.5.1.3.Market size and forecast, by car type
- 7.5.5.2.Middle East
- 7.5.5.2.1.Market size and forecast, by application
- 7.5.5.2.2.Market size and forecast, by rental category
- 7.5.5.2.3.Market size and forecast, by car type
- 7.5.5.3.Africa
- 7.5.5.3.1.Market size and forecast, by application
- 7.5.5.3.2.Market size and forecast, by rental category
- 7.5.5.3.3.Market size and forecast, by car type
CHAPTER 8:COMPANY PROFILES
- 8.1.Avis Budget Group
- 8.1.1.Company overview
- 8.1.2.Company snapshot
- 8.1.3.Business performance
- 8.1.4.Key strategic moves and developments
- 8.2.Europcar
- 8.2.1.Company overview
- 8.2.2.Company snapshot
- 8.2.3.Product portfolio
- 8.2.4.Key strategic moves and developments
- 8.3.Enterprise Holdings Inc.
- 8.3.1.Company overview
- 8.3.2.Company snapshot
- 8.3.3.Key strategic moves and developments
- 8.4.Hertz System, Inc.
- 8.4.1.Company overview
- 8.4.2.Company snapshot
- 8.4.3.Operating business segments
- 8.4.4.Business performance
- 8.4.5.Key strategic moves and developments
- 8.5.Localiza
- 8.5.1.Company overview
- 8.5.2.Company snapshot
- 8.5.3.Operating business segments
- 8.5.4.Business performance
- 8.6.SIXT
- 8.6.1.Company overview
- 8.6.2.Company snapshot
- 8.6.3.Operating business segments
- 8.6.4.Product portfolio
- 8.6.5.Business performance
- 8.6.6.Key strategic moves and developments
- 8.7.Uber Technologies, Inc.
- 8.7.1.Company overview
- 8.7.2.Company snapshot
- 8.7.3.Business performance
- 8.8.Carzonrent India Pvt Ltd.
- 8.8.1.Company overview
- 8.8.2.Company snapshot
- 8.8.3.Product portfolio
- 8.9.Eco Rent a Car
- 8.9.1.Company overview
- 8.9.2.Company snapshot
- 8.9.3.Product portfolio
- 8.10.ANI Technologies Pvt. Ltd. (OLA TAXI'S)
- 8.10.1.Company overview
- 8.10.2.Company snapshot
- 8.10.3.Product portfolio