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Electric Car Rental Market Booming Demand, Comprehensive Research, Key Growth Drivers, Regional Analysis, Challenges And Opportunities - Zipcar, Avis Budget Group Inc., Enterprise Holdings Inc

Electric Car Rental Market

Electric Car Rental Market

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Electric Car Rental Market Size, Growth Rate, And Forecast

The global electric car rental market size is expected to grow from $8.50 billion in 2022 to $9.91 billion in 2023 at a compound annual growth rate (CAGR) of 16.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global electric car rental market size is expected to reach $17.36 billion in 2027 at a CAGR of 15%.

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Electric Car Rental Market Drivers

An increase in demand for fuel-efficient cars is expected to propel the growth of the electric car rental market going forward. Electric cars are considered as an environment-friendly transport medium with zero emissions. Electric rental cars help to overcome the rising fuel prices and reduce fuel emissions to protect the environment. For instance, In April 2022, according to Kelly Blue Book a USA-based vehicle valuation and automotive research company, Americans are looking for more fuel-efficient cars. Shoppers' interest has raised by 66% in electric vehicle purchases in January 2022. Therefore, the surge in demand for fuel-efficient cars is driving the electric car rental market.

Learn More On The Electric Car Rental Market Report Here:
https://www.thebusinessresearchcompany.com/report/electric-car-rental-global-market-report

Electric Car Rental Market Segments

• By Vehicle Type: Battery Cars, Hybrid Cars, Plug-in Electric Cars

• By Vehicle Category: Economy Cars, Luxury Cars

• By Application: Leisure/Tourism, Business

• By Booking Type: Online, Offline

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the electric car rental market.

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Electric Car Rental Market Key Players
Major competitors in the electric car rental market are Zipcar, Avis Budget Group Inc., Enterprise Holdings Inc., Europcar Mobility Group, The Hertz Corporation, Sixt SE, BlueIndy.

The Business Research Company's "Global Electric Car Rental Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Electric Car Rental Market Include:
1. Executive Summary
2. Electric Car Rental Market Characteristics
3. Electric Car Rental Market Trends And Strategies
4. Electric Car Rental Market - Macro Economic Scenario
5. Electric Car Rental Market Size And Growth
………………
27. Electric Car Rental Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electric Car Rental Market
29. Electric Car Rental Market Future Outlook and Potential Analysis
30. Appendix

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