Car rental services are a process of hiring/renting a car for a limited period from a rental company. Various companies like Uber Technologies, Europcar rent the vehicles for a short period ranging from few hours to weeks. The different types of cars rented by the company include Luxury Car, executive car, and economical car among others. Additionally, vehicle renting agencies also offer other products such as insurance, entertainment systems, and GPS among other services.
MARKET DYNAMICS
The car rental services market is anticipated to grow in the forecast period owing to driving factors such as rapid urbanization, rising disposable income, and the growing popularity of outstation tours. The market is likely to showcase opportunities for the untapped markets and increasing awareness about air pollution.
MARKET SCOPE
The "Global Car Rental Services Market Analysis to 2028" is a specialized and in-depth study of the car rental services industry with a special focus on the global market trend analysis. The report aims to provide an overview of the car rental services market with detailed market segmentation by car type, rental category, and geography. The global car rental services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading car rental services market players and offers key trends and opportunities in the market.
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MARKET SEGMENTATIONThe global car rental services market is segmented on the basis of the car type and rental category. Based on car type, the market is segmented as Luxury Car, Executive Car, Economical Car, Sports Utility Vehicle (SUV), and Multi Utility Vehicle (MUV). On the basis of the rental category, the market is segmented as On Airport and Off-Airport.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global car rental services market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The car rental services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trends and opportunities prevailing in the region.
The report analyzes factors affecting the car rental services market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the car rental services market in these regions.
TABLE OF CONTENTS
LIST OF TABLES
LIST OF FIGURES
The List of Companies
1. AB Car Rental Bonaire
2. Avis Rent A Car System, LLC
3. Budget Rent A Car System, Inc.
4. Europcar
5. Localiza
6. Lyft, Inc.
7. smile mobility
8. Tempest
9. The Hertz Corporation.
10. Uber Technologies, Inc.
1. AB Car Rental Bonaire
2. Avis Rent A Car System, LLC
3. Budget Rent A Car System, Inc.
4. Europcar
5. Localiza
6. Lyft, Inc.
7. smile mobility
8. Tempest
9. The Hertz Corporation.
10. Uber Technologies, Inc.