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2018 Luxury Car Rental market, significant growth by top companies, new trends, detail analysis, market overview and drive high CAGR by Sixt, Europe Luxury Car Hire, Elite Rent-a-Car, Auto

10-16-2018 10:12 PM CET | Tourism, Cars, Traffic

Press release from: Research N Reports

2018 Luxury Car Rental market, significant growth by top

Global Luxury Car Rental Market: Overview

Global Luxury Car Rental Market is expected to grow at a Compound Annual Growth Rate (CAGR) of +15.57%. The base year considered for the study is 2018 and the forecast period considered is 2018 To 2025.

The rental car market will reach $ 64.74 billion by 2018. The growth of the industry over the past few years is due to the expansion and development of the travel and tourism industry around the world. Increased disposable income and improved road infrastructure are considered to be key drivers of industry growth by promoting leisure and business trips. The global car rental industry has undergone significant changes over the last few years. Fierce competition and strong economic conditions around the world have led to industry changes during the historic period. Operators have made major changes to their business models to remain competitive and profitable.

Due to the impact of information technology in the industry, car rental services have been transformed. As the trend of using the Internet to customize travel trips and online reservations and reservations is expected to increase, the industry will encourage the use of technology. Implementing technology in these services can make the entire process safe, fast, reliable, and easy for consumers. In addition, the online booking and scheduling process is cumbersome, making it easier for both the operator and the customer. He can benefit from the automotive industry fundamentally different business models. Low waste, high customer loyalty, and significant revenue growth. To achieve this type of objective, an automobile manufacturer has begun adopting other business models instead of selling cars for one-off benefits, and manufacturers have launched a service-based long-term lease business model. Without losing contact with customers since the initial sale, the manufacturer recovers used cars for reprocessing in new vehicles several years later. This is an example of a cyclical economic strategy in which manufacturers efficiently recycle and reproduce products without sacrificing quality. Ultimately, this leads to a sustainable business model and environment.

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Global Luxury Car Rental Market: Competitive Players
The major players in global market include
Sixt,
Europe Luxury Car Hire,
Elite Rent-a-Car,
Auto Europe, Hertz,
Ape Luxury Car Hire,
Argus Car Hire,
Avis Europe Inc,
Enterprise,
Nova Car,
Thrifty Rental Car,
Europcar,
Kemwel, Renault Eurodrive

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By Type Of Car
Luxury Car
Executive Car
Economical Car
Sports Utility Vehicle (SUV)
Multi Utility Vehicle (MUV)

By Rental Category
On Airport
Off Airport
Local Usage
Outstation
Others

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On the basis of product, the Luxury Car Rental market is primarily split into
Luxury
Super Sport Car
Other
On the basis on the end users/Application, this report covers
Travel
Business
Other

Table Of Content
Global Luxury Car Rental Market Research Report
Chapter 1Luxury Car Rental Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Chapter 13 Appendix

About Research N Report
Research N Reports is a new age market research firm where we focus on providing information that can be effectively applied. Today being a consumer driven market, companies require information to deal with the complex and dynamic world of choices. Where relying on a sound board firm for your decisions becomes crucial. Research N Reports specializes in industry analysis, market forecasts and as a result getting quality reports covering all verticals, whether be it gaining perspective on current market conditions or being ahead in the cut throat Global competition. Since we excel at business research to help businesses grow, we also offer consulting as an extended arm to our services which only helps us gain more insight into current trends and problems. Consequently we keep evolving as an all-rounder provider of viable information under one roof.

(Research N Reports)
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