Press release
Global Luxury Car Rental Market is Expected to reach 48900 million US$ by 2025
Qyresearchreports include new market research report Global Luxury Car Rental Market Professional Survey Report 2018 to its huge collection of research reports.This report studies the global Luxury Car Rental market status and forecast, categorizes the global Luxury Car Rental market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Luxury car rental is the use of a luxury car for a fixed period time at an assessed amount of money. Today, car rental is very popular as it provides mobility solutions for both business and leisure travelers. Users can easily arrange a car rental in website or mobile phone.
The Luxury Car Rental market was worth approximately $10 billion globally in 2016. Geographically, North America is the giant player who represents nearly 50% of the global market, followed by Europe, which representing approximately 29% market shares.
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The Luxury Car Rental industry is highly concentrated in the world, with the top three companies capturing a combined 74% share of the global market. The largest company in the industry, Enterprise, is privately held, while the next two largest companies, Hertz and Avis Budget, are publicly traded. Each of these three players has made acquisitions of other well-known rental car brandsEnterprise Rent-A-Car owns Alamo and National, and Hertz owns Dollar and Thrifty.
The Luxury Car Rental market is forecasted to worth approximately $22.5 billion globally in the end of 2022. The CAGR during 2016-2022 is expected to reach 14.5%.
The global Luxury Car Rental market is valued at 11400 million US$ in 2017 and will reach 48900 million US$ by the end of 2025, growing at a CAGR of 20.0% during 2018-2025.
The major manufacturers covered in this report
Enterprise
Hertz
Avis Budget
Sixt
Europcar
Localiza
CAR Inc.
Movida
Unidas
Goldcar
eHi Car Services
Fox Rent A Car
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Business Rental
Leisure Rental
By Application, the market can be split into
Airport
Off-airport
Browse Report Details @ https://www.qyresearchreports.com/report/global-luxury-car-rental-market-professional-survey-report-2018.htm
The study objectives of this report are:
To analyze and study the global Luxury Car Rental capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Luxury Car Rental manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Luxury Car Rental are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Luxury Car Rental Manufacturers
Luxury Car Rental Distributors/Traders/Wholesalers
Luxury Car Rental Subcomponent Manufacturers
Industry Association
Downstream Vendors
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