Press release
Car Rental Market Regulations, Size, Share and Competitive Landscape Outlook to 2025: Acute Market Reports
Browse Full Report: http://www.acutemarketreports.com/report/car-rental-market-report
Market Insights
Car rental services have gained considerable foothold in recent years, becoming one of the key services in the transport industry, especially in urban cities. Rise in the number of tourists and business travelers coupled with growing preference for car-sharing is identified as the primary factor driving car rental revenues across the globe. In addition, integration of advanced technologies like telematics and navigation in cars coupled with the availability of online booking agencies and payment platforms has not only maintained transparency among consumers, but also allowed for unperturbed booking and car hiring. The leading car rental companies are focusing on tapping foreign travelers by offering features like WiFi, multi-language booking platforms and in-car navigation among others. All these factors are collectively driving demand for car rental services. Comparatively low fares of public transportation may pose challenge to the market growth, especially in price sensitive economies during the forecast period.
Competitive Insights:
Some of the leading players identified in the global car rental market include Avis Budget Group, Inc., Enterprise Rent-A-Car, Sixt Rent A Car, EuropCar, The Hertz Corporation, Carzonrent, Al-Futtaim Group, Localiza Rent A Car, Eco Rent A Car, Fox Rent-A-Car, Payless Car Rental, Midway Car Rental, Trust Middle East Car Rental, and Advantage Rent a Car among others. The global car rental market also includes large number of niche players accounting for trivial market share individually. Automobile manufacturers have begun offering advanced web-based solutions to allow the integration of mobile devices such as smartphones with vehicles. On the other hand, car rental companies are developing fleet of vehicles that are equipped with advanced technologies such as navigation, positioning, and telematics. To better penetrate semi-urban and rural areas, these companies are striving to introduce several cost-effective and innovative services. In order to remain ahead of the competition and ensure customer base, the established players like Avis Budget Group, Inc. and Enterprise Rent-A-Car are focusing on forming strategic alliances with hotels and airlines.
ToC:
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global Car Rental Market Snapshot
3. Global Car Rental Market Analysis
3.1. Global Car Rental Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. See-Saw Analysis
3.5. Ecosystem Analysis
3.6. Attractive Investment Proposition
3.7. Market Positioning of Key Industry Participants
3.7.1. Major Strategies Adopted
3.7.2. Analyst Recommendations..............
Browse Full Report: http://www.acutemarketreports.com/report/car-rental-market-report
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Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends. Our database consists of 200,000+ market research reports with detailed & minute market research.
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