Press release
Tourism Vehicle Rental Market Report 2023: Industry Overview, Size, Share & Forecast till 2028
Tourism Vehicle Rental Market
The global tourism vehicle rental market size reached US$ 53.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 75.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
Tourism vehicle rental pertains to the provision of rental vehicles to tourists and travelers for their transportation requirements during their journeys. This service presents a convenient and effective solution for exploring unfamiliar destinations, offering comfort and flexibility. It serves as a favorable option for individuals who prefer not to depend on public transportation or guided tours, granting them the freedom to tailor their itineraries and visit various attractions or remote areas based on their preferences.
Request a free sample report:- https://www.imarcgroup.com/tourism-vehicle-rental-market/requestsample
Global Tourism Vehicle Rental Market Trends and Drivers:
The tourism vehicle rental market is experiencing significant growth due to the global surge in individuals' preference for adventure travel. This growing trend has led to an increased adoption of tourism vehicle rental services. Additionally, there is a rising demand for flexible transportation options during trips to explore diverse destinations, which further contributes to the positive market outlook. Furthermore, the emergence of electric and hybrid vehicles as popular choices among tourists, owing to their low or zero emissions, presents lucrative growth opportunities for investors in the industry. Moreover, the integration of advanced technologies like global positioning systems (GPS) in rental vehicles to enhance user experience and convenience is fueling market growth. Additionally, the increasing popularity of specialized travel vehicles, including campervans, off-road SUVs, and motorhomes, is driving the expansion of the market.
Global Tourism Vehicle Rental Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Alamo (Enterprise Holdings Inc), Auto Europe, Avis Budget Group Inc., Carzonrent India Pvt Ltd., EasyCar.com, Europcar Mobility Group, Europe Luxury Cars, Kemwel, Sixt SE, The Hertz Corporation and Zoomcar India Private Ltd
Browse Complete Report:- https://www.imarcgroup.com/tourism-vehicle-rental-market
The report segmented the market on the basis of region, vehicle type, booking mode and end user.
Breakup by Vehicle Type:
Economy
Luxury/Premium
Breakup by Booking Mode:
Online
Offline
Breakup by End User:
Self-Driven
Rental Agencies
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Speak to Analyst:- https://www.imarcgroup.com/request?type=report&id=5661&flag=C
If you want the latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Reports:-
Uae Certified Pre-Owned Car Market:- https://www.imarcgroup.com/uae-certified-pre-owned-car-market
Travel Retail Market:- https://www.imarcgroup.com/travel-retail-market
Contact Us:
IMARC Services Private Limited.
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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 Tourism Vehicle Rental Market Report 2023: Industry Overview, Size, Share & Forecast till 2028 here
News-ID: 3114199 • Views: …
More Releases from IMARC Group
Acoustic Panels Manufacturing Plant Cost 2025: Project Report, Business Plan, Ra …
Setting up an acoustic panel manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Acoustic Panels Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing an acoustic panels…
Paper Napkin Manufacturing Plant 2025: Project Report, Business Plan, Raw Materi …
Setting up a paper napkin manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Paper Napkin Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a paper napkin…
Renewable Syngas Manufacturing Plant Cost 2025: Setup Details, Capital Investmen …
Setting up a renewable syngas manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Renewable Syngas Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a renewable syngas…
Generator Manufacturing Plant Report 2025: Project Details, Machinery Requiremen …
Setting up a generator manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Generator Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a generator manufacturing plant, covering…
More Releases for Tourism
Evolving Market Trends In The Culinary Tourism Industry: Technological Advanceme …
The Culinary Tourism Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Culinary Tourism Market Size During the Forecast Period?
The culinary tourism market has expanded rapidly in recent years. It will increase from $924.8 billion in 2024 to $1072.66 billion in 2025,…
Shaping the Music Tourism Market in 2025: Innovative Night Cultural Tourism Prod …
How Big Is the Music Tourism Market Expected to Be, and What Will Its Growth Rate Be?
Over the last few years, the market size of music tourism has expanded robustly. It's projected to surge from $5.97 billion in 2024 to $6.53 billion in 2025, marking a compound annual growth rate (CAGR) of 9.4%. The expansion during the historical period is related to factors like the emergence of legendary music festivals,…
Global Electronic Tourism (E-Tourism) Market Insights and Forecast 2024
"Gain a competitive edge with up to 30% off in-depth market reports-uncover key trends, growth drivers, and forecasts today!
The new report published by The Business Research Company, titled Electronic (E) Tourism Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report,…
Global Travel Activities Market Size - By Product Type(Tourist Tourism,Recreatio …
Travel Activities Market Snapshot: Insight into Market Trends and Movements
Travel activities encompass a wide range of experiences, including guided tours, outdoor adventures, cultural experiences, and local attractions. The Travel Activities market has seen a notable resurgence, driven by increased consumer preferences for immersive and unique experiences while traveling. Trends indicate a growing demand for personalized and sustainable travel options, as tourists seek authentic interactions with local communities and nature. Advances…
Global Medical Tourism Market, Global Medical Tourism Industry, Covid-19 Impact …
Major players in the medical tourism market are Apollo Hospital Enterprise Limited, Prince Court Medical Center, Bumrungrad International Hospital, KPJ Healthcare Berhad, and Fortis Health Ltd.
The Global Medical Tourism Market is expected to decline from USD 37.72 billion in 2019 to USD 19.8 billion in 2020 at a compound annual growth rate (CAGR) of -47.53%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment…
CONTACTLESS TOURISM
In the tourism sector, new initiatives for contactless holidays have started to be implemented at the facilities. Thanks to a software that is now widely used in hotels, holidaymakers can safely receive services without contacting the hotel staff.
The digital era has begun in the lodging industry, which is the sector most affected by the Covid 19 epidemic that has exercised power over the ENTIRE WORLD.
Thanks to the "mobile assistant"…
