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Brazil Car Rental Industry and Toll Application Market Outlook To 2020 - Ken Research

08-31-2016 12:26 PM CET | Tourism, Cars, Traffic

Press release from: Ken Research Pvt Ltd

Car Rental in Brazil

Car Rental in Brazil

Brazil Car Rental Industry and Toll Application Market Outlook To 2020 - Increasing Sporting and Cultural activities and Robust Tourism to Foster Future Growth” provides a comprehensive analysis regarding the performance of car rental industry in Brazil. The revenues of the industry have been segmented on the basis of fleet outsourcing (car leasing), and Rent a Car (RAC) market. Under each segment, aspects such as market size on the basis of revenue and fleet size have been computed. The report also covers market share in each segment along with the company profile of car rental companies, pricing analysis, government regulation and working model of Brazil car rental industry.
In addition to this, the report also covers Brazil toll application market size on the basis of revenues and road network, payment systems and legislation. This report will help industry consultants, car rental and leasing companies, car aggregators, potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Brazil Car Rental Industry Overview
In 2015, the number of car rental companies in Brazil totaled ~ and the number of rental points in the country increased to ~. The rental sector has remained one of the main clients for the automotive industry and was responsible for absorbing ~% of all cars and light utility vehicles licensed in 2015.
The fleet outsourcing and management segment contributed highest to the overall industry revenues, amounting to a share of ~% and ~% in 2010 and 2015 respectively. Long term contracts coupled with higher pricing packages and daily average rental from the commercial vehicles segment helped in the dominance of the fleet outsourcing market.
The revenue contribution by the self-driven rental market increased from USD ~ million in 2010 to USD ~ million during 2015. The revenue contributed by the Chauffeur-driven segment increased from USD ~ million in 2010 to USD ~ million in 2015. The changing preferences towards the use of self-driven cars have played a vital role towards the low revenue growth of the chauffeur-driven segment. In addition to this, price sensitive individuals prefer to utilize self-driven cars over chauffeur driven cars as the seating capacity is reduced when individuals rent chauffeur driven cars.

Brazil Fleet Outsourcing and Management Market
The revenues for the fleet outsourcing and management market increased from USD ~ million in 2010 to USD ~ million in 2015, achieving a CAGR of ~% during the same period. The car fleet in the leasing segment increased from ~ in 2010 to ~ in 2015, achieving a CAGR of 14.3% during the same period.
In 2015, the beverage, telecom and government sectors contributed ~% to overall revenues of the car leasing market. The increase in inflow of FDI, economic stabilization program and penetration in LTE and 3G bandwidth, especially in the north and northeast region aided the growth in revenues contributed by these sectors. Due to uncertainty in the economic environment, companies undertaking leasing contracts prefer a two year term due to the low risk associated with it; hence these contracts contributed ~% to the car leasing revenue. Companies undertaking three and four year term contracts receive discounted prices. Thus, three year contract contributed ~% to the leasing market revenues while four to five year contracts comprised of ~% of the car leasing revenues.
Localiza is the market leader in the car leasing segment in terms of revenue and fleet size in 2015, amounting to USD ~ million. The company has been a part of the car rental and leasing market for over 40 years due to which it has gained large popularity amongst the Brazilian population and a market share of ~% during 2015. The low replacement rate in the car leasing market (33 months) coupled with high expenditure on feet has resulted in the company attaining a large fleet size of ~ during the same year.
Rent a Car (RAC) Market
The revenues from the rent a car segment augmented from USD ~ million in 2010 to USD ~ in 2015, achieving a CAGR of ~% during the review period. The revenues generated from self-driven car rentals and chauffeur driven car rentals comprise the Rent a Car (RAC) market. The fleet size increased from ~ in 2010 to ~ in 2015, attaining a CAGR of 17.1% during the review period.
The contribution by the self-driven rental market increased from USD ~ million in 2010 to USD ~ million in 2015. The downfall in revenues due to adverse macro-economic conditions coupled with political instability in the country was offset by the increase in international sporting and cultural events and the augmented inflow of international tourists.
Hertz garnered revenues amounting to USD ~ million from the Rent A Car (RAC) segment in 2015 with a fleet size of ~ during the same period. The company achieved a market share of ~% in terms of revenue and ~% in terms of fleet size. Hertz has managed to attain commendable revenues from a low fleet size due to the higher pricing packages offered by the company. Due to the higher prices levied by the company, it has a select customer base that has been catering to its rising revenues over the years. The smaller fleet size has also helped the company achieve utilization rate of ~% in 2015.
Toll Application Market
The revenue generated from the toll market increased from USD ~ million in 2010 to USD ~ million in 2015. The year 2015 saw an increase in toll revenues by 18% even though the country was facing adverse economic and political climate. The toll road network increased from 15,365 km in 2010 to 16,212 km in 2013 and 19,118 km in 2015. During the same period, the private companies operating the toll roads increased from 53 in 2010 to 59 in 2015.

Key Topics Covered in the Report:
Comparison of Brazil Car Rental Industry with USA by Revenues and Fleet Size, 2010-2015
Operating Model of the Car Rental Industry in Brazil, 2015
Brazil Car Rental Market Introduction
Brazil Car Rental Market Size by Revenues and Fleet Size, 2010-2015
Brazil Car Rental Market Segmentation by Rental Segments (Fleet outsourcing and Rent a Car) and Organized and Unorganized sector, 2015
Brazil Fleet outsourcing Market Introduction
Brazil Fleet outsourcing Market Size on the Basis of Revenue and Fleet Size, 2010-2015
Brazil Fleet outsourcing Market Segmentation by Industry Verticals, Duration of Contract and Type of Vehicle, 2015
Brazil Fleet outsourcing Market Share, 2015
Brazil Rent a Car (RAC) market introduction
Brazil Rent a Car (RAC) market size (Self-Driven and Chauffeur Driven Market size)
Brazil Rent A Car market segmentation by Self-Driven revenues and Chauffeur Driven revenues. 2010-2015
Brazil Self-Driven Car Rental Market Segmentation by Type of Booking Channel, Type of Car, By Usage and Packages Offered, 2015
Brazil Chauffeur Driven Market Size on the Basis of Revenue, 2010-2015
Brazil Chauffeur Driven Market Segmentation By On Airport/Off Airport, By Business and Leisure Segments, By Type of Booking Channel, By Car Type and Cities, 2015
Market Share of Major Players in Brazil Rent a Car Market, 2015
Future outlook for Brazil Rent a Car market, 2016-2020
Government Regulation in Brazil Car Rental Industry
Brazil Toll Application Market Size On the Basis Of Revenues and Toll Road Network, 2010-2015
Payment Structure and Legislation in Toll Application Market
Competitive Landscape of Major Car Rental and Leasing Companies in Brazil
Growth Drivers, Trends and Challenges in Brazil Car Rental Industry
SWOT Analysis of Brazil Car Rental Industry
Analyst Recommendations
Macro-Economic Factors affecting the Car Rental Industry In Brazil

More Details Market Research Report Click on: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/brazil-car-rental-fleet-outsourcing-market/46888-100.html
Related Reports:
EGYPT CAR RENTAL AND LEASING MARKET FORECAST TO 2020 - RECOVERING ECONOMY AND IMPROVED TRANSPORT INFRASTRUCTURE TO DRIVE GROWTH
KUWAIT CAR RENTAL AND LEASING MARKET FORECAST TO 2020 - HIGH PER CAPITA INCOME AND DEMAND FOR CAR LEASING TO DRIVE GROWTH
MIDDLE EAST CAR RENTAL AND LEASING MARKET FORECAST TO 2020 - AUGMENTATION IN QATAR AND OMAN ALONG WITH RISE IN CAR LEASING TO STIMULATE GROWTH
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Brazil Car Rental Industry and Toll Application Market Outlook To 2020 - Increasing Sporting and Cultural activities and Robust Tourism to Foster Future Growth" provides a comprehensive analysis regarding the performance of car rental industry in Brazil. The revenues of the industry have been segmented on the basis of fleet outsourcing (car leasing), and Rent a Car (RAC) market.

Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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