New Silk Road Travel

Car Rental Market Explores New Growth Opportunities by 2022

Car rental companies offer automobiles on rent with a suitable fee for a certain duration that can range from hours to months. Various types of cars are available on rent, including economy cars, executive cars, luxury cars, SUV’s and MUV’s. These cars are rented for different purposes, including airport transport, local usage, outstation, event transportation, self-drive, and employee transportation. Besides the basic vehicle on rent, car rental firms often offer additional services such as entertainment systems, GPS navigation systems, and insurance.

Car Rental
Car Rental

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Development of the travel & tourism industry, rise in disposable income of people in North America & Europe, enhanced road infrastructure, and increase in investment by global funds and players opting for aggregator-based business model are the key drivers of the market. However, negative impact of volatile prices of gasoline & petroleum products on expenditure of the car rental industry hampers the market growth.

Some of the Key Players Global Car Rental market include, Avis Budget Group, Inc., Carzonrent India Pvt Ltd., Enterprise Holdings Inc., Europcar, The Hertz Corporation, Sixt Rent a Car, Uber Technologies Inc., Localiza, Eco Rent a Car

The market segmentation is based on type of car, rental category, and geography. The type of car segment is categorized into luxury car, executive car, economical car, sports utility vehicle, and multi utility vehicle. The rental category is bifurcated into on airport and off airport rental. Off airport rental is sub segmented into local usage, outstation, and others.

Researchers have reviewed the profiles of the leading companies functional in this market in a bid to assess their growth prospects and the key strategies they have adopted for the development of their businesses. The main objective of this research study is to provide a clear understanding the Global Car Rental Market to the market participants and assist them in creating crucial strategies to gain an edge over their competitors.

Table of Contents:

CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION

1.2. KEY BENEFITS

1.3. KEY MARKET SEGMENTS

1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research

1.4.2. Primary research

1.4.3. Analyst tools and models

 

CHAPTER 2 EXECUTIVE SUMMARY

2.1. KEY FINDINGS

2.2. CXO PERSPECTIVE

 

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE

3.2. KEY FINDINGS

3.2.1. Top winning strategies

3.2.2. Top investment pockets

3.3. PORTERS FIVE FORCES ANALYSIS

3.4. MARKET SHARE ANALYSIS, 2015

3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Expansion and progression of worldwide travel and tourism industry

3.5.1.2. Rise in the disposable income of people in North America and Europe

3.5.1.3. Enhanced road infrastructure around the globe

3.5.1.4. Investment by global funds and players opting for aggregator based business model

3.5.2. Restraints

3.5.2.1. Negative impact of volatile prices of gasoline and petroleum products on expenditure in car rental industry

3.5.3. Opportunities

3.5.3.1. Growth in trend of using the internet to customize travel trips and for reservations and bookings

 

CHAPTER 4 CAR RENTAL MARKET, BY TYPE OF CAR

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. LUXURY CAR

4.2.1. Key market trends, growth factors, and opportunities

4.2.2. Market size and forecast

4.3. EXECUTIVE CAR

4.3.1. Key market trends, growth factors, and opportunities

4.3.2. Market size and forecast

4.4. ECONOMICAL CAR

4.4.1. Key market trends, growth factors and opportunities

4.4.2. Market size and forecast

4.5. SPORTS UTILITY VEHICLE (SUV)

4.5.1. Key market trends, growth factors, and opportunities

4.5.2. Market size and forecast

4.6. MULTI UTILITY VEHICLE (MUV)

4.6.1. Key market trends, growth factors and opportunities

4.6.2. Market size and forecast

 

CHAPTER 5 CAR RENTAL MARKET, BY RENTAL CATEGORY

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. ON AIRPORT

5.2.1. Key market trends, growth factors, and opportunities

5.2.2. Market size and forecast

5.3. OFF AIRPORT

5.3.1. Key market trends, growth factors, and opportunities

5.3.2. Market size and forecast

5.3.3. Local usage Off Airport Car Rental

5.3.3.1. Key market trends, growth factors, and opportunities

5.3.3.2. Market size and forecast

 

5.3.4. Outstation Off Airport Car Rental

5.3.4.1. Key market trends, growth factors, and opportunities

5.3.4.2. Market size and forecast

5.3.5. Others Off Airport Car Rental

5.3.5.1. Key market trends, growth factors, and opportunities

5.3.5.2. Market size and forecast

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