openPR Logo
Press release

Car Rental Market Release involving Avis Budget Group, Uber, Europcar and other Global Key Players by WMR

09-11-2019 07:40 PM CET | Logistics & Transport

Press release from: Western Market Research

Car Rental Market Release involving Avis Budget Group, Uber,

Western Market Research (WMR) has recently uploaded a new study titled “Car Rental Market by type of car- Global Opportunity Analysis and Industry Forecast, 2014– 2022”. AS per which the high cost of ownership, improved disposable income, enhanced infrastructure and surge in the use of internet along with smart phone users who are dominating the tech industry across segments has greatly influenced the growth in the car rental market in the recent years. As more and more people across the globe seek to avoid ownership this industry has become more lucrative ever since. The report also states that growth in tourism and business activities across the globe are major contributors of the growing numbers.

More Detailed Info about this report –

Western Market Research (WMR) has a dedicated research and analysis team consist of professionals experienced with advanced statistical expertise and offer various customization options in the existing study Of “Global Ride hailing Service Market Report 2019”. This report also comprises of in-depth study of the Car Rental Market by type of car with a special focus on market trend analysis
The global car rental market was valued at $79,648 million in 2015, and is expected to reach $164,335 million by 2022, growing at a CAGR of 11.6% from 2016 to 2022. Car rental companies offer automobiles on rent with a suitable fee for a certain duration that can range from hours to months. Various types of cars are available on rent, including economy cars, executive cars, luxury cars, SUVs and MUVs. These cars are rented for different purposes, including airport transport, local usage, outstation, event transportation, self-drive, and employee transportation. Besides the basic vehicle on rent, car rental firms often offer additional services such as entertainment systems, GPS navigation systems, and insurance. These companies offer their facilities to people who do not own a vehicle, whose vehicle is out of maintenance, or having no access or limited access to personal vehicles. In addition, owners of broken vehicles and tourists & travelers avail these services. This service is generally structured across various local branches that facilitates customer for easy returning of the vehicles at their preferred location. The car rental market is often managed through websites, allowing customers for online reservations.

Development of the travel & tourism industry, rise in disposable income of people in North America & Europe, enhanced road infrastructure, and increase in investment by global funds and players opting for aggregator-based business model are the key drivers of the market. However, negative impact of volatile prices of gasoline & petroleum products on expenditure of the car rental industry hampers the market growth. Growth in trend of internet usage to customize travel trips and for reservations & bookings is expected to unfold various opportunities for the growth of the market.

Send us an Inquiry for Sample and Discount -

The market segmentation is based on type of car, rental category, and geography. The type of car segment is categorized into luxury car, executive car, economical car, sports utility vehicle, and multi utility vehicle. The rental category is bifurcated into on airport and off airport rental. Off airport rental is sub segmented into local usage, outstation, and others. Geographically, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and rest of Europe), Asia-Pacific (China, South Korea, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The key players profiled in the market include Avis Budget Group, Inc., Carzonrent India Pvt Ltd., Enterprise Holdings Inc., Europcar, The Hertz Corporation, Sixt Rent a Car, Uber Technologies Inc., Localiza, Eco Rent a Car, and Budget Rent a Car System, Inc.


The report includes an extensive analysis of the factors that drive as well as restrain the growth of the global car rental market.
The market projections from 2014 to 2022 are included along with the impacting factors.
The report also offers quantitative as well as qualitative trends to assist the stakeholders to understand the situations prevailing in the market.
Extensive analysis by vehicle type facilitates to understand various types of vehicles that are utilized in car rental industry.

Buy This Report Now -

Car Rental Market Key Segmentation


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


On Airport
Off Airport
Local Usage


North America
Rest of Europe
South Korea
Rest of Asia-Pacific
Latin America
Middle East


Avis Budget Group, Inc.
Carzonrent India Pvt Ltd.
Enterprise Holdings Inc.
The Hertz Corporation
Sixt Rent a Car
Uber Technologies Inc.
Eco Rent a Car
Budget Rent A Car System, Inc.

Other players in value chain include (profiles not included in the report)

German Rent a Car
Tempest Car Hire
DTG Operations, Inc.

View other reports -

For More info.

Kritarth Arun (Marketing & Sales)
Office No.6, CN7, Survey No. 94-95
Pune, Maharashtra, India.
Phone No (US). +1315-359-4245
Phone No (IN) +91 7757044254

Bhusari Colony

Western Market Research is highly professional and organized at every step of the project process...initial discussion, proposal, methodology development, project updates, data analysis, document preparation and presentation.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Car Rental Market Release involving Avis Budget Group, Uber, Europcar and other Global Key Players by WMR here

News-ID: 1832226 • Views: 1087

More Releases from Western Market Research

Impression Die Forging Market Report involving Key Players:ATI, Aubert & Duval, …
Impression Die Forging Market Overview: Ask for a free Sample- The global impression die forging market size was $18,293.6 million in 2017, and is projected to reach $27,163.6 million in 2024, growing at a CAGR of 5.2% from 2018 to 2025.Impassion die forging is a metal deformation process where pressure is utilized to compress a piece of metal to fill in an enclosed die impression. Impression die forging method
Beryllium Alloys Market Report involving Key Players:Belmont Metals, Fuyun Hengs …
The global market size of Beryllium Alloys is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024. Ask for a free Sample- Global Beryllium Alloys Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the
Cobalt-Chrome Alloys Market Report involving Key Players:American Elements, 3M, …
The global market size of Cobalt-Chrome Alloys is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024. Ask for a free Sample- Global Cobalt-Chrome Alloys Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of
Heat Transfer Fluids Market Report involving Key Players: DOW, Eastman, Exxonmob …
Heat Transfer Fluids Market valued approximately USD 2.5 billion in 2016 is anticipated to grow at a healthy growth rate of more than 7.3% over the forecast period 2017-2025. The market growth is primarily driven by increasing demand of heat transfer fluid in chemical industry, potential opportunities in the field of bio-based heat transfer fluids and others. Moreover, strong demand from Asia Pacific demand is expected to fuel the market

All 5 Releases

More Releases for Car

Car Monitor Display Global Car Monitor Display Market Insights, Forecast to 2025 This report presents the worldwide Car Monitor Display market size value, production and consumption, splits the breakdown data status 20132018 and forecast to 2025, by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porters Five Forces Analysis. Download Free PDF Sample
Sports Car Industry Forecasts
Albany, New York, November 8, 2016: Market Research Hub has announced a new research report to its database, titled “Sports Car industry forecasts”. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers for industrial and consumer products. Far
India Car Rental Market
A research study, titled “India Car Rental Market: Trends, Opportunities And Forecasts (2016-2021)” - (By Value, By Region, By Segment - Radio Taxi, Corporate Rental, Aggregators and Affilators; Key Players; Market Share And Dynamics),” has been recently added by to its huge repository of research studies. The research study further provides a detailed analysis of the car rental market in India, focusing on the product segmentation, competitive scenario, and
Apple Car
Apple Car – The new Apple driverless car was unveiled it is said to be the top hybrid electric car. The Apple Car will change the automotive industry very soon, learn why, & discover what the Apple Driverless Car will contain. Apple Car - All over, an auto appears like a heartbreaking thing for Apple Inc. to manufacture. Autos are a fiercely commoditised, staggeringly costly, for the most part low-edge
Connected World - Connected Car
According to ABI research, the number of global users of telematics smartphone applications is set to explode in the next five years from 3.2 million to 129 million users. It is vital that automotive manufacturers keep up-to-date with developments in this field if they are to remain competitive in this fast-paced market. Because their customers won’t wait. At IQPC’s 4th International Conference Connected Vehicles from 12-14 April in Berlin, experts
Car insurance: Over 50 car insurance advantages
Over 50 car insurance It has been observed that older drivers tend to have a more mature approach towards driving than new drivers. Car insurance companies are more and more eager to target drivers aged 50 plus or those that have retired as older drivers are more experience, fewer accidents and more consistent. We can say older drivers are present less of a risk. This means the over 50s are less