Press release
Car Rental Services Market to Witness Huge Growth by 2027 | AB Car Rental Bonaire, Avis Rent A Car System, Budget Rent A Car System, Europcar, Localiza, Lyft, smile mobility, Tempest, The Hertz Corporation, Uber Technologies
Car Rental Services Market
Car rental services is a process of hiring/renting a car for a limited period from a rental company. Various companies like Uber Technologies, Europcar rent the vehicles for a short period ranging from few hours to weeks. The different types of cars rented by the company include Luxury Car, executive car, and economical car among others. Additionally, the vehicle renting agencies also offers other products such as insurance, entertainment systems, and GPS among other services.
MARKET DYNAMICS
The car rental services market is anticipated to grow in the forecast period owing to driving factors such as rapid urbanization, rising disposable income, and the growing popularity of outstation tours. The market is likely to showcase opportunities for the untapped markets and increasing awareness about air pollution.
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MARKET KEY PLAYERS
- AB Car Rental Bonaire
- Avis Rent A Car System, LLC
- Budget Rent A Car System, Inc.
- Europcar
- Localiza
- Lyft, Inc.
- smile mobility
- Tempest
- The Hertz Corporation.
- Uber Technologies, Inc.
MARKET SCOPE
The "Global Car Rental Services Market Analysis to 2027" is a specialized and in-depth study of the car rental services industry with a special focus on the global market trend analysis. The report aims to provide an overview of car rental services market with detailed market segmentation by car type, rental category and geography. The global car rental services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading car rental services market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global car rental services market is segmented on the basis of car type and rental category. Based car type, the market is segmented as Luxury Car, Executive Car, Economical Car, Sports Utility Vehicle (SUV), and Multi Utility Vehicle (MUV). On the basis of the rental category the market is segmented as On Airport and Off Airport.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global car rental services market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The car rental services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting car rental services market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the car rental services market in these regions.
What our report offers:
-Market share assessments for the regional and country level segments
-Market share analysis of the top industry players
-Strategic recommendations for the new entrants
-Market forecasts for all the mentioned segments, sub segments and the regional markets
-Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
-Strategic recommendations in key business segments based on the market estimations
-Competitive landscaping mapping the key common trends
-Company profiling with detailed strategies, financials, and recent developments
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Table of Contents
1. INTRODUCTION
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CAR RENTAL SERVICES MARKET LANDSCAPE
5. CAR RENTAL SERVICES MARKET - KEY INDUSTRY DYNAMICS
6. CAR RENTAL SERVICES MARKET - GLOBAL MARKET ANALYSIS
7. CAR RENTAL SERVICES MARKET REVENUE AND FORECASTS TO 2027 - CAR TYPE
8. CAR RENTAL SERVICES MARKET REVENUE AND FORECASTS TO 2027 - RENTAL CATEGORY
9. CAR RENTAL SERVICES MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10. INDUSTRY LANDSCAPE
11. CAR RENTAL SERVICES MARKET, KEY COMPANY PROFILES
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