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Luxury Car Rental Market Professional and In-Depth Industry Analysis 2019 by Top Key Players – Enterprise, Hertz, Avis Budget, Sixt, Europcar, Localiza, CAR Inc., Movida, Unidas, Goldcar

02-18-2019 01:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

Luxury Car Rental Market

Luxury Car Rental Market

The Luxury Car Rental market is forecasted to worth approximately $22.5 billion globally in the end of 2022. The CAGR during 2016-2022 is expected to reach 14.5%. According to this study, over the next five years the Luxury Car Rental market will register a 20.0% CAGR in terms of revenue, the global market size will reach US$ 34000 million by 2024, from US$ 11400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Luxury Car Rental business. 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.

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Top Market Players:
Enterprise, Hertz, Avis Budget, Sixt, Europcar, Localiza, CAR Inc., Movida, Unidas, Goldcar, eHi Car Services, Fox Rent A Car

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.

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 brands-Enterprise Rent-A-Car owns Alamo and National, and Hertz owns Dollar and Thrifty.

Major Types of Luxury Car Rental covered are:
Business Rental
Leisure Rental

Major Applications of Luxury Car Rental covered are:
Airport
Off-airport

Key features of the Worldwide Luxury Car Rental Market Research Report:
Some of the market dynamics covered in this report include the market drivers, threats, and opportunities. It analyzes the overall market segments to predict the evolving ones and provides a detailed segmentation of the Luxury Car Rental industry, based on the product types, applications, and key geographies. The report also provides a comprehensive study of the global Luxury Car Rental market share and forecasts.

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Luxury Car Rental Market Size
2.2 Luxury Car Rental Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Luxury Car Rental Market Size by Manufacturers
3.2 Luxury Car Rental Key Players Head office and Area Served
3.3 Key Players Luxury Car Rental Product/Solution/Service
3.4 Date of Enter into Luxury Car Rental Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Luxury Car Rental Sales by Product
4.2 Global Luxury Car Rental Revenue by Product
4.3 Luxury Car Rental Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Luxury Car Rental Breakdown Data by End User

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In the last section of the report, the global Luxury Car Rental market additionally provides a detailed survey of the key competitors and the leading players in the market, based on the various objectives of an organization such as overview, profiling, product portfolio, the quantity of production, upstream raw material, downstream demand analysis, and the financial status of the organization. These key players have adopted the regional expansion, mergers & acquisitions, product portfolio expansion, partnerships, and collaborations as their key strategies to enhance their infiltration in the Global Luxury Car Rental Market.

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