This report was recently updated on April 12 2024 with the latest and most recent
market numbers
Global Car Rental Market Size, Trends & Analysis - Forecasts to 2027 By Vehicle Type (Luxury Cars, Executive Cars, Economy Cars), By Application (Local Usage, Airport Transport, Outstation), By Region (North America, Asia Pacific, Central, and South America, Europe, and the Middle East and Africa), Competitive Landscape Company Market Share Analysis, and Competitor Analysis
The Global Car Rental Market is projected to grow from USD 99.64 billion in 2022 to USD 139.65 billion by 2027 at a CAGR value of 5.4% from 2022 to 2027.
Car rental or car hire companies are businesses that offer short-term, fixed-price car rentals. This service is frequently structured with several regional offices, which are typically situated close to airports or busy urban areas, and a website to enable online reservations. Due to increases in pollution and population over the past several years, the car rental business has experienced a considerable transformation and is now one of the most important segments in fleet transportation. Manufacturers and consumers rely on a variety of economical car rental schemes, such as leasing cars for three years from their owners and then renting them out via app-based reservations.
The demand for automobile rental services is driving the industry's growth due to a large increase in the number of people traveling for both work and pleasure around the world. Dedicated mobile apps for the convenience of clients have further assisted businesses in the market in capturing a wider customer base owing to the increasing internet penetration across emerging as well as established countries. Technology is thought to be a key element fueling industry expansion. The impact of technological development has recently transformed the sector. The two most effective approaches to aiding automobile rental service operators to provide improved services to their consumers are improved customer and corporate information management and hassle-free internet booking software.
Global travel has increased significantly in the recent decade. Global commuters are becoming more particular about their travel needs, expecting services that are well-known, dependable, and of the utmost quality. Some of the major automobile rental companies are making an effort to take advantage of this development by expanding their brands and distribution networks on a global scale. These operators are expected to be able to manage their globally dispersed company activities with the adoption of an integrated global vehicle rental system. The market for car rentals is expanding as a result of factors like the rising popularity of on-demand mobility services and millennials' low car ownership rates.
The COVID-19 pandemic has impacted negatively on economies around the world, and it has had an especially detrimental effect on the transportation industry. Due to travel limitations imposed worldwide to stop the virus' spread, there has been a decrease in demand for rental automobiles at airports as a result of decreased global air traffic. Additionally, during the projected period, the market's expansion is predicted to be hampered by the rising cost of gasoline and diesel in developing nations.
Due to the war between Russia and Ukraine, there have been significant interruptions in the transportation sector's operations. The demand for transportation services is anticipated to decline in these two nations as a result of the blockades and operational disruptions. Disruptions to the automobile manufacturing industry in both countries and a fall in the availability of raw materials in Europe are expected to have a negative impact on the car rental market.
The executive car segment is expected to be the fastest-growing segment in the market from 2022 to 2027. One of the main drivers of the segment's growth is the rising number of business visitors around the world, particularly in emerging nations. These vehicles also give consumers a variety of high-end features at affordable prices, which increases demand among business travelers.
The Economy car segment is expected to be the largest segment in the market in the projected period. The compact design and affordability of these cars are two of the main elements promoting the growth of this market. As a result, people prefer using economy cars frequently to travel in the city and to the airport.
The airport transport segment is expected to be the largest segment in the market from 2022 to 2027. The segment growth is predicted to be boosted by a notable rise in air travel across the globe in the projected period. Numerous vehicle rental companies are growing their fleets and advertising services at significant airports in light of this trend. The segment is growing as a result of the presence of top market players at airports where clients can use 24/7 automobile rental services.
The local usage segment is anticipated to experience the highest CAGR, at about 6.5 percent, between 2021 and 2028. Since public transportation has rigid schedules and limited route flexibility, tourists now choose to use vehicle rental services for day-to-day transportation, which is fueling the segment's expansion. Additionally, a number of market players give customers the choice to select the vehicle at their convenience.
North America will have a dominant share in the car rental market from 2022 to 2027. The presence of several of the industry's top automobile rental companies in this area, like Avis Budget Group and Enterprise Rent-a-Car, is expected to open up fruitful growth potential. Another important factor driving regional prosperity is the rise in both business and leisure travel around the region. Additionally, the area is home to many well-known tourist attractions that draw lots of visitors who need vehicle rentals, which ultimately spurs industry expansion.
During the projected period, the market in the Asia Pacific region is anticipated to have the greatest CAGR. Rising consumer disposable incomes, continuously expanding economies, and rising business travel costs are anticipated to positively affect regional market growth. Over the projected period, it is anticipated that the markets in China and India will expand substantially. People are likely to choose car rental services as a result of government limitations on car purchases in some areas of China, which are an effort to solve the growing traffic and pollution problems.
Avis Budget Group, Inc., Europcar, Enterprise Holdings Inc, Hertz System Inc, Localiza, Sixt Rent a Car, Carzonrent India Pvt Ltd, Eco Rent a Car, ANI Technologies Pvt. Ltd, Uber Technologies Inc., and Budget Rent a Car System, Inc. among others, are the key players in the car rental market.
Please note: This is not an exhaustive list of companies profiled in the report.
Chapter 1 Research Methodology
1.1 Research Assumptions
1.2 Research Methodology
1.2.1 Estimates and Forecast Timeline
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 GME’s Internal Database
1.3.3 Primary Research
1.3.4 Secondary Sources & Third-Party Perspectives
1.3.4.1 Company Information Sources: Annual Reports, Investor Presentation, Press Release, SEC Filling, Company Blogs & Website
1.3.4.2 Secondary Data Sources
1.4 Information or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Data Visualization
1.6 Data Validation & Publishing
1.7 Market Model
1.6.1 Model Details
1.6.1.1 Top-Down Approach
1.6.1.2 Bottom-Up Approach
1.8 Market Segmentation & Scope
1.9 Market Definition
Chapter 2 Executive Summary
2.1. Global Market Outlook
2.2 Vehicle Type Type Outlook
2.3 Application Outlook
2.4 Regional Outlook
Chapter 3 Global Car Rental Market Trend Analysis
3.1. Market Introduction
3.2 Penetration & Growth Prospect Mapping
3.3 Impact of COVID-19 on the Car Rental Market
3.4 Metric Data on Car Rental Industry
3.5 Market Driver Analysis
3.5.1 Market Driver Analysis
3.5.2 Market Restraint Analysis
3.5.3 Industry Challenges
3.5.4 Industry Opportunities
3.6 Porter’s Five Analysis
3.6.1 Supplier Power
3.6.2 Buyer Power
3.6.3 Substitution Threat
3.6.4 Threat from New Entrant
3.7 Market Entry Strategies
Chapter 4 Car Rental Market: Vehicle Type Type Trend Analysis
4.1 Vehicle Type Type: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027
4.2 Luxury Cars
4.2.1 Market Estimates & Forecast Analysis of Luxury Cars Segment, By Region, 2019-2027 (USD Billion)
4.3 Executive Cars
4.3.1 Market Estimates & Forecast Analysis of Executive Cars Segment, By Region, 2019-2027 (USD Billion)
4.4 Economy Cars
4.4.1 Market Estimates & Forecast Analysis of Economy Cars Segment, By Region, 2019-2027 (USD Billion)
Chapter 5 Car Rental Market: Application Trend Analysis
5.1 Application: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027
5.2 Local Usage
5.2.1 Market Estimates & Forecast Analysis of Local Usage Segment, By Region, 2019-2027 (USD Billion)
5.3 Airport Transport
5.3.1 Market Estimates & Forecast Analysis of Airport Transport Segment, By Region, 2019-2027 (USD Billion)
5.4 Outstation
5.4.1 Market Estimates & Forecast Analysis of Outstation Segment, By Region, 2019-2027 (USD Billion)
Chapter 6 Car Rental Market, By Region
6.1 Regional Outlook
6.2 North America
6.2.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)
6.2.2 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.2.3 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.2.5 U.S.
6.2.5.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.2.5.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.2.6 Canada
6.2.6.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.2.6.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.5.7 Mexico
6.5.5.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.5.5.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.3 Europe
6.3.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)
6.3.2 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.3.3 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.3.5 Germany
6.3.5.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.3.5.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.3.6 UK
6.3.6.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.3.6.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.3.7 France
6.3.7.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.3.7.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.3.8 Russia
6.3.8.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.3.8.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.3.9 Italy
6.3.9.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.3.9.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.3.10 Spain
6.3.10.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.3.10.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.3.11 Rest of Europe
6.3.11.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.3.11.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.4 Asia Pacific
6.4.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)
6.4.2 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.4.5 China
6.4.5.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.4.5.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.4.6 India
6.4.6.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.4.6.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.4.7 Japan
6.4.7.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.4.7.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.4.8 Australia
6.4.8.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.4.8.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.4.9 South Korea
6.4.9.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.4.9.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.3.10 Rest of Asia Pacific
6.3.10.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.3.10.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.5 Central & South America
6.5.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)
6.5.2 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.5.3 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.5.5 Brazil
6.5.5.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.5.5.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.5.6 Rest of Central & South America
6.5.6.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.5.6.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.6 Middle East & Africa
6.6.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)
6.6.2 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.6.5 Saudi Arabia
6.6.5.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.6.5.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.6.6 United Arab Emirates
6.6.6.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.6.6.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.6.7 South Africa
6.6.7.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.6.67.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
6.5.8 Rest of Middle East & Africa
6.5.8.1 Market Estimates & Forecast Analysis, By Vehicle Type Type, 2019-2027 (USD Billion)
6.5.8.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)
Chapter 7 Competitive Analysis
7.1 Key Global Players, Recent Developments & their Impact on the Industry
7.2 Four Quadrant Competitor Positioning Matrix
7.2.1 Key Innovators
7.2.2 Market Leaders
7.2.3 Emerging Players
7.2.4 Market Challengers
7.3 Vendor Landscape Analysis
7.4 Application Landscape Analysis
7.5 Company Market Share Analysis, 2021
Chapter 8 Company Profile Analysis
8.1 Avis Budget Group, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Strategic Initiatives
8.1.4 Product Benchmarking
8.2 Europcar
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Strategic Initiatives
8.2.4 Product Benchmarking
8.3 Enterprise Holdings Inc
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Strategic Initiatives
8.3.4 Product Benchmarking
8.4 Hertz System Inc
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Strategic Initiatives
8.4.4 Product Benchmarking
8.5 Localiza
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Strategic Initiatives
8.5.4 Product Benchmarking
8.6 SIXT RENT A CAR
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Strategic Initiatives
8.6.4 Product Benchmarking
8.7 CARZONRENT INDIA PVT LTD
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Strategic Initiatives
8.6.4 Product Benchmarking
8.8 Eco Rent a Car
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Strategic Initiatives
8.7.4 Product Benchmarking
8.9 ANI Technologies Pvt. Ltd
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Strategic Initiatives
8.8.4 Product Benchmarking
8.10 Uber Technologies Inc
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Strategic Initiatives
8.10.4 Product Benchmarking
8.11 Budget Rent a Car System, Inc
8.11.1 Company Overview
8.11.2 Financial Analysis
8.11.3 Strategic Initiatives
8.11.4 Product Benchmarking
8.12 Other Companies
8.12.1 Company Overview
8.12.2 Financial Analysis
8.12.3 Strategic Initiatives
8.12.4 Product Benchmarking
List of Tables
1 Technological Advancements In Car Rental Market
2 Global Car Rental Market: Key Market Drivers
3 Global Car Rental Market: Key Market Challenges
4 Global Car Rental Market: Key Market Opportunities
5 Global Car Rental Market: Key Market Restraints
6 Global Car Rental Market Estimates & Forecast Analysis, 2019-2027 (USD Billion)
7 Global Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
8 Luxury Cars: Global Car Rental Market, By Region, 2019-2027 (USD Billion)
9 Executive Cars: Global Car Rental Market, By Region, 2019-2027 (USD Billion)
10 Economy Cars: Global Car Rental Market, By Region, 2019-2027 (USD Billion)
11 Global Car Rental Market, By Application, 2019-2027 (USD Billion)
12 Local Usage: Global Car Rental Market, By Region, 2019-2027 (USD Billion)
13 Airport Transport: Global Car Rental Market, By Region, 2019-2027 (USD Billion)
14 Outstation: Global Car Rental Market, By Region, 2019-2027 (USD Billion)
15 Regional Analysis: Global Car Rental Market, By Region, 2019-2027 (USD Billion)
16 North America: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
17 North America: Car Rental Market, By Application, 2019-2027 (USD Billion)
18 North America: Car Rental Market, By Country, 2019-2027 (USD Billion)
19 U.S: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
20 U.S: Car Rental Market, By Application, 2019-2027 (USD Billion)
21 Canada: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
22 Canada: Car Rental Market, By Application, 2019-2027 (USD Billion)
23 Mexico: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
24 Mexico: Car Rental Market, By Application, 2019-2027 (USD Billion)
25 Europe: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
26 Europe: Car Rental Market, By Application, 2019-2027 (USD Billion)
27 Europe: Car Rental Market, By Country, 2019-2027 (USD Billion)
28 Germany: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
29 Germany: Car Rental Market, By Application, 2019-2027 (USD Billion)
30 UK: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
31 UK: Car Rental Market, By Application, 2019-2027 (USD Billion)
32 France: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
33 France: Car Rental Market, By Application, 2019-2027 (USD Billion)
34 Italy: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
35 Italy: Car Rental Market, By Application Ype, 2019-2027 (USD Billion)
36 Spain: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
37 Spain: Car Rental Market, By Application, 2019-2027 (USD Billion)
38 Rest Of Europe: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
39 Rest Of Europe: Car Rental Market, By Application, 2019-2027 (USD Billion)
40 Asia Pacific: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
41 Asia Pacific: Car Rental Market, By Application, 2019-2027 (USD Billion)
42 Asia Pacific: Car Rental Market, By Country, 2019-2027 (USD Billion)
43 China: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
44 China: Car Rental Market, By Application, 2019-2027 (USD Billion)
45 India: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
46 India: Car Rental Market, By Application, 2019-2027 (USD Billion)
47 Japan: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
48 Japan: Car Rental Market, By Application, 2019-2027 (USD Billion)
49 South Korea: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
50 South Korea: Car Rental Market, By Application, 2019-2027 (USD Billion)
51 Middle East & Africa: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
52 Middle East & Africa: Car Rental Market, By Application, 2019-2027 (USD Billion)
53 Middle East & Africa: Car Rental Market, By Country, 2019-2027 (USD Billion)
54 Saudi Arabia: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
55 Saudi Arabia: Car Rental Market, By Platform, 2019-2027 (USD Billion)
56 UAE: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
57 UAE: Car Rental Market, By Platform, 2019-2027 (USD Billion)
58 Central & South America: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
59 Central & South America: Car Rental Market, By Application, 2019-2027 (USD Billion)
60 Central & South America: Car Rental Market, By Country, 2019-2027 (USD Billion)
61 Brazil: Car Rental Market, By Vehicle Type Type, 2019-2027 (USD Billion)
62 Brazil: Car Rental Market, By Application, 2019-2027 (USD Billion)
63 Avis Budget Group, Inc.: Products Offered
64 Europcar: Products Offered
65 Enterprise Holdings Inc Hertz System Inc: Products Offered
66 Hertz System Inc: Products Offered
67 Localiza: Products Offered
68 SIXT RENT A CAR: Products Offered
69 CARZONRENT INDIA PVT LTD: Products Offered
70 Eco Rent a Car Products Offered
71 ANI Technologies Pvt. Ltd: Products Offered
72 Uber Technologies Inc: Products Offered
73 Budget Rent a Car System, Inc: Products Offered
74 Other Companies: Products Offered
List of Figures
1. Global Car Rental Market Segmentation & Research Scope
2. Primary Research Partners and Local Informers
3. Primary Research Process
4. Primary Research Approaches
5. Primary Research Responses
6. Global Car Rental Market: Penetration & Growth Prospect Mapping
7. Global Car Rental Market: Value Chain Analysis
8. Global Car Rental Market Drivers
9. Global Car Rental Market Restraints
10. Global Car Rental Market Opportunities
11. Global Car Rental Market Challenges
12. Key Car Rental Market Manufacturer Analysis
13. Global Car Rental Market: Porter’s Five Forces Analysis
14. PESTLE Analysis & Impact Analysis
15. Avis Budget Group, Inc.: Company Snapshot
16. Avis Budget Group, Inc.: Swot Analysis
17. Europcar: Company Snapshot
18. Europcar: Swot Analysis
19. Enterprise Holdings Inc Hertz System Inc: Company Snapshot
20. Enterprise Holdings Inc Hertz System Inc: Swot Analysis
21. Hertz System Inc: Company Snapshot
22. Hertz System Inc: Swot Analysis
23. SIXT RENT A CAR: Company Snapshot
24. SIXT RENT A CAR: Swot Analysis
25. Localiza: Company Snapshot
26. Localiza: Swot Analysis
27. CARZONRENT INDIA PVT LTD: Company Snapshot
28. CARZONRENT INDIA PVT LTD: Swot Analysis
29. Eco Rent a Car Company Snapshot
30. Eco Rent a Car Swot Analysis
31. ANI Technologies Pvt. Ltd: Company Snapshot
32. ANI Technologies Pvt. Ltd: Swot Analysis
33. Uber Technologies Inc: Company Snapshot
34. Uber Technologies Inc: Swot Analysis
35. Budget Rent a Car System, Inc: Company Snapshot
36. Budget Rent a Car System, Inc: Swot Analysis
37. Other Companies: Company Snapshot
38. Other Companies: Swot Analysis
The Global Car Rental Market has been studied from the year 2019 till 2027. However, the CAGR provided in the report is from the year 2022 to 2027. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Car Rental Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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