Car Rental Market Reports PowerPoint PPT Presentations

Car sharing surge the benefits of auto mobility to individual without bearing the cost and effort of car ownership. Therefore, car sharing has pursuing seen double digit growth over the recent last few years, especially in the metropolitan cities where major portion of population are passing on the costs of car ownership. Moreover, corporate car sharing users are becoming an unavoidable source of additional business for stationary car sharing providers.

The growth of the rental car market has led to increasing demand for automobiles capable of providing safety and comfort at a reasonable price but there is a risk considered from the side of the rental car company as well.

Facial recognition technology has begun to gain traction on devices like i-Phone X. Just recently IDEMIA announced their plan to install facial recognition cameras in rental vehicles. IDEMIA is a French company that specializes in biometrics and digital technology. Certain digital methods have been introduced in the recent past in order to improve the safety and security of rented cars.

Car rental industries contribute significantly to reduce pollution level in the environment. Rise in the disposable income of developed countries such as North America, Europe, Asia- Pacific made them the major leader is continuously striving to equip themselves with all new technologies to acquire each and every customer in the market.

The global car rental market research report has had immense competition from car sharing and peer to peer rental companies like Uber, Lyft and Turo which has made the competition scenario highly complex and increased customer expectations as well as supplier power.

The market for car rental in Middle East has been driven by countries such as Oman, Qatar, and Kuwait. Countries such as Saudi Arabia and UAE constitute for a major portion of car rental revenues across the Middle East region. The market for car rental in the country has been driven by the rise in demand for local players in Middle East although the market has been dominated by players such as Hertz Corporation, Sixt, Avis Corporation and Europcar.

Europe is having most prominent share in the IoT technology of the car rental industry and in the near future it is expected that with the more advancement in this technology will generate the highest revenue. The Hertz’s 24/7 service is accessible in a number of European countries, including the UK and serves employees of corporate sector with access to a pool of connected devices.

The car rental industry is a multibillion dollar industry globally. Car rental sector has observed immense growth in the recent years especially in USA and countries of Europe because of rising air travel by people for business or leisure.

The report covers various aspects such as overall market size of Turkey car rental, cab aggregator, self driven car and car sharing in terms of transaction value.. For more information on the research report, refer to below link: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/turkey-car-rental-market/142340-100.html

The car rental market in Egypt has been on a downward trend since the past few years from 2010-2015 majorly due to the presence of various obstacles such as local supply, poor roads, GPS, government regulation and poor infrastructure facilities. Various companies in the country have been closed due to the increasing dominance of local companies. Although majority of the business people, students and expats that travel to the country prefer to rent a car for long term/ service tenure. Egypt car rental market has declined at a CAGR of ~%, over the period, 2010-2015 and slumped to USD ~ million in 2015 from USD ~ million in 2010.

Car rental services generally function in a network of pick-up or drop-off points and provide a wide range of vehicles, which are usually owned by an organization that rents them to the users for short periods of time, depending on their needs; be it daily, monthly, or even annual plans.

With the technology of IoT the rental car workers can monitor the car’s fuel level and odometer. In addition the IoT stage can help in locating any vehicle in real time, which is very much beneficial if the car is not returned to the proper location at the time. The car rental companies can track the GPS location to find out more related to why people rent their vehicles which help in improving the mapping for future use.

The companies that use ride sharing are taking away a portion of business for short term car rentals. The portion is expected to increase over time. The introduction of ride sharing has allowed consumers to avail a larger variety of cars.

FlightsLogic provides Car Rental Software, Car Rental Reservation Software to travel agencies, tour operators, and TMCs all over the globe.

The global car rental market size is expected to grow from $94.75 billion in 2022 to $102.29 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%.

Global passenger car rental market size is expected at $202.40 Bn by 2027 at a growth rate of 4% and growth and demand by The Business Research Company.

TripFro is a cloud-based car rental software designed to automate the management of your fleet especially in a vehicle rental business. know more at: www.tripfro.com

Marketreportsonchina.com presents a report on “The Future of Car Rental Market in China to 2019: Market Profile”. http://www.marketreportsonchina.com/service-industry-market-research-reports-2013/future-car-rental-china.html It provides detailed analysis on key trends and issues, market size and forecasts, key performance indicators and competitive landscape in the China car rental market.

Thailand Car Rental Market Outlook to 2021 - Increasing Traffic Congestion and Rising Number of Corporate Clients to Amplify the Market Growth.. Source: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/thailand-car-rental-market/137098-100.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications ankur [@] kenresearch.com +91-9015378249 www.kenresearch.com

Goldstein Research analyst forecast the global car rental market to expand at a CAGR of 5.7% during the forecast period 2016-2024 and reach the valuation of USD 85.1 billion by 2024.

Asia Pacific (APAC) Car Rental  Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024

The report provides a comprehensive analysis of the market size of the UK car rental industry by revenue and by rental fleets, market segmentation by on and off airport car rentals, by business, leisure and replacement rentals, long and short duration, as well as it is also segmented on the basis of online and station booking. The report entails the market share of major players in the overall car rental industry as well as the market share by on and off airport segment.

Car rental market business has developed rapidly over the past few years due to increasing development in the travel and tourism industry. The increase in the consumers spending limit along with improved roads or highways infrastructure worldwide are the major factors that encourage consumers to opt for leisure and business trips.

The report provides a comprehensive analysis of the market size of Spain car rental industry by revenue, market segmentation by on and off airport car rentals, by business, leisure and replacement rentals, long and short duration, as well as it is also segmented on the basis of online and station booking. The report entails the market share of major players in the overall car rental market.

Infinium Global Research has added a new report on Africa Car Rental Market. The report predicts the market size of Car Rental is expected to reach XX billion by 2022.

Reports and Intelligence present report on “Research and Development Forecast of China Car Rental Industry, 2013-2017”. With the development of China’s society and the improvement of people’s living standards as well as the transition of consciousness, more and more people and enterprises choose to travel with rented cars; for recent years, coupled with the implementation of purchase curbs policy in the second and first-tier cities, the development of car rental is greatly stimulated to a large extent. Detailed report at: http://www.reportsandintelligence.com/research-and-development-forecast-of-china-car-rental-industry-2013-2017-market

Infinium Global Research has added a new report on India Car Rental Market. The report predicts the market size of Car Rental is expected to reach XX billion by 2022.

Infinium Global Research has added a new report on Brazil Car Rental Market. The report predicts the market size of Car Rental is expected to reach XX billion by 2022.

Infinium Global Research has added a new report on Germany Car Rental Market. The report predicts the market size of Car Rental is expected to reach XX billion by 2022.

Infinium Global Research has added a new report on France Car Rental Market. The report predicts the market size of Car Rental is expected to reach XX billion by 2022.

Infinium Global Research has added a new report on Ireland Car Rental Market. The report predicts the market size of Car Rental is expected to reach XX billion by 2022.

Infinium Global Research has added a new report on China Car Rental Market. The report predicts the market size of Car Rental is expected to reach XX billion by 2022.

Infinium Global Research has added a new report on Russia Car Rental Market. The report predicts the market size of Car Rental is expected to reach XX billion by 2022.

Infinium Global Research has added a new report on United States Car Rental Market. The report predicts the market size of Car Rental is expected to reach XX billion by 2022.

FlightsLogic provides a Car Module, Car Rental Reservation System, Car Booking System to travel agents, tour operators, and travel companies all over the globe.

ESOMAR-certified consulting firm Future Market Insights (FMI) provides detailed assessments on the Global Car Rental market. The study is intended to help enterprises within the services & utilities industry to enhance their performance amid evolving market trends. It offers a comprehensive report on ongoing and upcoming trends in the Car Rental market. Detailed evaluation on market scenario across key regions is undertaken to facilitate decision-making of key players.

The global car rental market had a market size of $64.47 billion in 2018 and opportunities are poised growing with a compound annual growth rate (CAGR) of 11.53% during the forecast period 2019-2025.

The report titled “Poland Car Rental Market by Market Structure (Organized and Unorganized Sector), by Mode of Booking (Online and Offline), by Clients (Leisure and Business), by Pick-Ups (Airport and Off-Airport), by Car Type (Small, Medium and Large) and by Major Regions - Outlook to 2022” by Ken Research suggested that growing demand for online car booking backed up with growing number of medium and small car rental companies will majorly account for the overall revenue growth of Poland car rental market in next 5 years till 2022.

Global Car Rental Market is expected to be USD 189.30 billion by 2026 from USD 92.92 billion in 2019, at a CAGR of 10.7 % from 2020 to 2026.

Strong penetration of the internet and Smartphone, growth in demand for online booking and expansion of fleet size of major players in the industry have been major growth drivers of Romania car rental market during the review period.

The Global Car Rental and Leasing Market witnessed a rapid growth in the historic period from 2016 to 2019 and is anticipated to witness significant growth during the forecast period.

According to the latest research report by IMARC Group, The Australia car rental market size is projected to exhibit a growth rate (CAGR) of 5.70% during 2024-2032. More Info:- https://www.imarcgroup.com/australia-car-rental-market

The Business Research Company offers car rental market research report 2023 with industry size, share, segments and market growth

Global electric car rental market size is expected at $17.36 Bn by 2027 at a growth rate of 15% and demand analysis by The Business Research Company.

Market Reports on India present the latest report on “Car Rentals Market in India”, This report provides deep dive data analytics on wide ranging Car Rental market aspects including overall market value by customer type - Business and Leisure, by point of rental.

The report presents detailed data on market growth dynamics for the car rental market in Argentina. It also provides data on market drivers and indicators, along with leading companies and industry news in Argentina car rental market.

Car Rental Market

Ken Research in its latest study, Netherlands Car Rental Market by Market Structure (Organized and Unorganized Sector), by Mode of Booking (Online and Offline), by Clients (Leisure and Business), by Pick-Ups (Airport and Off-Airport), by Car Type (Hatchback, Sedan and SUV) and by Major Regions - Outlook to 2022, suggests that demand for car rental in the country will grow at a positive growth rate owing to growing demand for car sharing and ride sharing services in the country.

The report titled “Turkey Car Rental Market by Market Structure (Organized and Unorganized Sector), by Mode of Booking (Online and Offline), by Clients (Leisure and Business), by Pick-Ups (Airport and Off-Airport), by Car Type (Hatchback, Sedan and SUV) and by Major Regions - Outlook to 2022” by Ken Research suggested that rising middle-class population with its high level of disposable incomes will majorly account for the overall revenue growth of Turkey car rental market in next 5 years till 2022.

Car rental market is projected to hit $214.04 Bn by 2027. This study presents market analysis, trends, and future estimations to determine investment pockets.

The global car rental market size reached US$ 79.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 95.7 Billion by 2028, exhibiting a growth rate (CAGR) of 3.1% during 2023-2028. More info: https://www.imarcgroup.com/car-rental-market

China Car Rental Market Overview, Trends and Forecast 2021

The global car rental market performed well during the historic period, recovering from the slowdown recorded at the beginning of 2009 due to the financial crisis and recession. Overall, growth was recorded in the four regions – Americas, Asia-Pacific, Europe, Middle East and Africa-across all key performance indicators (KPIs) during the historic period. This is expected to continue over the forecast period, supported by the rise in tourism flows and expenditure. Read more details of report at: http://www.bigmarketresearch.com/the-global-car-rental-to-2018-market

The report presents detailed data on market growth dynamics for the car rental market in Brazil. It also provides data on market drivers and indicators, along with leading companies and industry news in Brazil car rental market.

Travel & Tourism Intelligence Center’s 'Car Rental in France to 2018: Market Databook' contains detailed historic and forecast data covering the car rental market in the travel and tourism industry in France. This databook provides data on customer type & rental location, insurance replacement revenue, fleet size by type of car, rental occasions, rental days, average rental length, utilization rate and average revenue per day. Get more about this report at: http://www.bigmarketresearch.com/car-rental-in-france-to-2018-databook-market

Marketreportsonrussia.com presents a report on “Russia Car Rental: Market Update”along with leading companies in Russia car rental market.