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Car Rental-Global Market Insights and Sales Trends 2025
Synopsis
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.
The global Car Rental market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Car Rental in various end use industries. The expanding demands from the Local Usage, Airport Transport and Outstation,, are propelling Car Rental market. Luxury Cars, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Executive Cars segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Car Rental, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Car Rental market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Car Rental market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Car Rental sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Car Rental covered in this report include Avis Budget, Carzonrent, Enterprise Holding, Europcar, Hertz and Sixt, etc.
The global Car Rental market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Avis Budget
Carzonrent
Enterprise Holding
Europcar
Hertz
Sixt
Global Car Rental market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Car Rental market, Segment by Type:
Luxury Cars
Executive Cars
Economy Cars
SUVs
MUVs
Global Car Rental market, by Application
Local Usage
Airport Transport
Outstation
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Car Rental companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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.
The global Car Rental market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Car Rental in various end use industries. The expanding demands from the Local Usage, Airport Transport and Outstation,, are propelling Car Rental market. Luxury Cars, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Executive Cars segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Car Rental, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Car Rental market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Car Rental market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Car Rental sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Car Rental covered in this report include Avis Budget, Carzonrent, Enterprise Holding, Europcar, Hertz and Sixt, etc.
The global Car Rental market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Avis Budget
Carzonrent
Enterprise Holding
Europcar
Hertz
Sixt
Global Car Rental market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Car Rental market, Segment by Type:
Luxury Cars
Executive Cars
Economy Cars
SUVs
MUVs
Global Car Rental market, by Application
Local Usage
Airport Transport
Outstation
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Car Rental companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Car Rental
1.1 Car Rental Market Overview
1.1.1 Car Rental Product Scope
1.1.2 Car Rental Market Status and Outlook
1.2 Global Car Rental Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Car Rental Market Size by Region (2018-2029)
1.4 Global Car Rental Historic Market Size by Region (2018-2023)
1.5 Global Car Rental Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Car Rental Market Size (2018-2029)
1.6.1 North America Car Rental Market Size (2018-2029)
1.6.2 Europe Car Rental Market Size (2018-2029)
1.6.3 Asia-Pacific Car Rental Market Size (2018-2029)
1.6.4 Latin America Car Rental Market Size (2018-2029)
1.6.5 Middle East & Africa Car Rental Market Size (2018-2029)
2 Car Rental Market by Type
2.1 Introduction
2.1.1 Luxury Cars
2.1.2 Executive Cars
2.1.3 Economy Cars
2.1.4 SUVs
2.1.5 MUVs
2.2 Global Car Rental Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Car Rental Historic Market Size by Type (2018-2023)
2.2.2 Global Car Rental Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Car Rental Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Car Rental Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Car Rental Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Car Rental Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Car Rental Revenue Breakdown by Type (2018-2029)
3 Car Rental Market Overview by Application
3.1 Introduction
3.1.1 Local Usage
3.1.2 Airport Transport
3.1.3 Outstation
3.2 Global Car Rental Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Car Rental Historic Market Size by Application (2018-2023)
3.2.2 Global Car Rental Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Car Rental Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Car Rental Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Car Rental Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Car Rental Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Car Rental Revenue Breakdown by Application (2018-2029)
4 Car Rental Competition Analysis by Players
4.1 Global Car Rental Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Car Rental as of 2022)
4.3 Date of Key Players Enter into Car Rental Market
4.4 Global Top Players Car Rental Headquarters and Area Served
4.5 Key Players Car Rental Product Solution and Service
4.6 Competitive Status
4.6.1 Car Rental Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Avis Budget
5.1.1 Avis Budget Profile
5.1.2 Avis Budget Main Business
5.1.3 Avis Budget Car Rental Products, Services and Solutions
5.1.4 Avis Budget Car Rental Revenue (US$ Million) & (2018-2023)
5.1.5 Avis Budget Recent Developments
5.2 Carzonrent
5.2.1 Carzonrent Profile
5.2.2 Carzonrent Main Business
5.2.3 Carzonrent Car Rental Products, Services and Solutions
5.2.4 Carzonrent Car Rental Revenue (US$ Million) & (2018-2023)
5.2.5 Carzonrent Recent Developments
5.3 Enterprise Holding
5.3.1 Enterprise Holding Profile
5.3.2 Enterprise Holding Main Business
5.3.3 Enterprise Holding Car Rental Products, Services and Solutions
5.3.4 Enterprise Holding Car Rental Revenue (US$ Million) & (2018-2023)
5.3.5 Europcar Recent Developments
5.4 Europcar
5.4.1 Europcar Profile
5.4.2 Europcar Main Business
5.4.3 Europcar Car Rental Products, Services and Solutions
5.4.4 Europcar Car Rental Revenue (US$ Million) & (2018-2023)
5.4.5 Europcar Recent Developments
5.5 Hertz
5.5.1 Hertz Profile
5.5.2 Hertz Main Business
5.5.3 Hertz Car Rental Products, Services and Solutions
5.5.4 Hertz Car Rental Revenue (US$ Million) & (2018-2023)
5.5.5 Hertz Recent Developments
5.6 Sixt
5.6.1 Sixt Profile
5.6.2 Sixt Main Business
5.6.3 Sixt Car Rental Products, Services and Solutions
5.6.4 Sixt Car Rental Revenue (US$ Million) & (2018-2023)
5.6.5 Sixt Recent Developments
6 North America
6.1 North America Car Rental Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Car Rental Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Car Rental Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Car Rental Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Car Rental Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Car Rental Market Dynamics
11.1 Car Rental Industry Trends
11.2 Car Rental Market Drivers
11.3 Car Rental Market Challenges
11.4 Car Rental Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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