Press release
Car Rental Market High Growth Opportunitie and Demand & SWOT Analysis by 2027 | Key Companies, Avis Budget Group, Europcar, Sixt Rent a Car, Localiza, Eco Rent a Car, Alamo
Car Rental Market
Expansion & progression of global travel and tourism industry increase in disposable income of people in North America, enhanced road infrastructure, and rise in investment by global funds and players opting for aggregator-based business model are the major factors that drive the growth of the global car rental market. However, volatile prices of gasoline and petroleum products hamper the car rental market growth. On the contrary, the rise in trend of using the internet to customize travel trips and for reservations and bookings is expected to create lucrative opportunities in the near future
The market report analyzes the major market players such as Carzonrent India Pvt Ltd., Avis Budget Group, Inc., Europcar, Enterprise Holdings Inc., Sixt Rent a Car, The Hertz Corporation, Localiza, Uber Technologies Inc., Budget Rent a Car System, Inc., and Eco Rent a Car. These market players have implemented a number of strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their status in the hybrid cloud industry.
Get Sample Report for More Details @ https://www.alliedmarketresearch.com/request-sample/2073
The market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across the North America region held the lion's share in 2017, accounting for nearly two-fifths of the market. However, the market across the Asia-Pacific region is estimated to register the fastest CAGR of 10.5% from 2020 to 2027.
On the basis of the rental category, the market is bifurcated into an airport, off-airport, local usage, outstation, and others. The off-airport segment dominated the market in 2020, contributing around three-fifths of the market. However, the outstation segment is estimated to register the fastest CAGR of 12.8% during the study period.
The global car rental market is categorized on the basis of the type of car, rental category, and region. Based on the type of car, the market is segmented into a luxury car, executive car, economical car, sports utility vehicle (SUV), and multi-utility vehicle (MUV). The economical car segment held the largest share in 2016, accounting more than one-fourth of the market. Moreover, the segment is projected to manifest the fastest CAGR of 12.5% during the forecast period.
Key Drivers such as -
1. Expansion and progression of worldwide travel and tourism industry
2. The rise in the disposable income of people in North America and Europe
3. Enhanced road infrastructure around the globe
4. Investment by global funds and players opting for aggregator based business model
Inquire more about this report @ https://www.alliedmarketresearch.com/purchase-enquiry/2073
Key Benefits
o The study provides an in-depth analysis of the global car rental market with current trends and future estimations to elucidate the imminent investment pockets.
o It offers a quantitative analysis from 2020 to 2027, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
o It also provides market estimation for 2020 and 2027 and Y-o-Y forecasts from 2020 to 2027, considering 2019 as base.
Car Rental Market Key Segments
By Type Of Car
o Luxury Car
o Executive Car
o Economical Car
o Sports Utility Vehicle (SUV)
o Multi Utility Vehicle (MUV)
By Rental Category
o On Airport
o Off Airport
o Local Usage
o Outstation
Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/2073
Questions answered in the car rental market research report:
o What is the growth rate of the car rental market during the forecast period?
o What will be the global car rental market size from 2020 to 2027?
o What are the leading manufacturing companies in the car rental market?
o How the major current trends will shape the market in the future?
o What are the driving factors and opportunities in the car rental market?
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
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 High Growth Opportunitie and Demand & SWOT Analysis by 2027 | Key Companies, Avis Budget Group, Europcar, Sixt Rent a Car, Localiza, Eco Rent a Car, Alamo here
News-ID: 2013923 • Views: …
More Releases from Allied Market Research
Global DNA Vaccine market to Hit $774.43M by 2030 (6.3% CAGR) Driven by Rising C …
DNA vaccines represent a groundbreaking approach to immunization, leveraging the power of genetics to stimulate a robust immune response. Unlike traditional vaccines that use weakened or inactivated pathogens, DNA vaccines introduce a small piece of genetic material to instruct cells to produce specific proteins that trigger an immune response. This article explores the potential of DNA vaccines, highlighting their unique advantages, advancements, and the transformative impact they may have on…
Aviation Weather RADAR Market Strategies, In-depth Analysis, Key Players and Geo …
The aviation weather RADAR system is the tool used by pilots for strategic and tactical planning of a safe flight trajectory. Each aircraft has a radar antenna mounted in the nose of the aircraft. This antenna catches signals, which are then processed by a computer, enabling the pilots to view the same and make necessary weather predictions. Since the aviation industry is highly competitive, the generated profits are attributed to…
Chocolate Couverture Market by Growth, Emerging Trends and Forecast by 2023-2032
Chocolate couverture is high-quality chocolate with extra cocoa butter, which imparts glossy texture, and is used to cover sweets and cakes. Couverture chocolate bars contain cocoa solids, cocoa butter, sugar, and other basic chocolate bar ingredients. The major change is with the texture of cocoa that is ground to a finer texture than regular chocolates and contains more cocoa butter. Various forms of chocolate coverture are available in the market…
Trends in Polyvinyl Butrayl (PVB) Films for Automobile Market 2026: Transforming …
As per the report published by Allied Market Research, the global polyvinyl butrayl (PVB) films for automobile market was pegged at $189.2 million in 2021, and is expected to reach $227.8 million by 2031, growing at a CAGR of 4.7% from 2022 to 2031.
The report provides an in-depth analysis of top segments, changing market trends, value chain, key investment pockets, competitive scenario, and regional landscape. The report is…
More Releases for Car
Car Washing Services Market Is Booming So Rapidly with Mister Car Wash, Zips Car …
The Car Washing Services Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market.…
Car Wash Service Market Boosting the Growth Worldwide: Auto Bell Car Wash, Miste …
The latest study released on the Global Car Wash Service Market by AMA Research evaluates market size, trend, and forecast to 2027. The Car Wash Service market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key…
Car Rental Services Market Forecast to 2028 Covid-19 Impact and Global Analysis …
Car rental services are 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, vehicle renting agencies also offer other products such as insurance, entertainment systems, and…
Car Rentals Market Growth Strategies and Innovative Technology Transformation by …
Worldwide Market Reports has announced the addition of the "Car Rentals Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Car Rentals Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
The emergence of own-brand digital ordering platform has been trending in the global Car Rentals market. Car Rentals such as…
Luxury Car Leasing Market Competitors Analysis By German Rent A Car, ANI Technol …
'Global Luxury Car Leasing Market Research Report' the report is complete with an elaborate research undertaken by prominent analysts and a detailed analysis of the global industry place. The Luxury Car Leasing report is fragmented in several features which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again elaborated in…
Car Wash Market is Thriving Worldwide 2026 | Super Star Car Wash, Autobell Car W …
This Car Wash Market research report offers you an array of insights about Automotive industry and business solutions that will support to stay ahead of the competition. Systematic investment analysis is also underlined in this Car Wash Market report which forecasts impending opportunities for the market players.This market report is the outcome of persistent efforts lead by knowledgeable forecasters, innovative analysts and brilliant researchers who carries out detailed and diligent…
