Report Id: ATCRSM1018
Car Rental Services Market Size, By Car Type (Luxury Cars, Economy Cars, SUVs, MUVs, Executive Cars), By Category (Local Usage, Outstation, Airport Transport And Others), By Region, Market Analysis Report, Forecast 2022-2027
The Global Car Rental Services market is expected to grow at a CAGR of 12.09% during the forecast period.
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Major Players
- Avis Budget Group
- hertz
- Sixt
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
5
REPORT DESCRIPTION
The Global Car Rental Services market is expected to grow at a CAGR of 12% during the forecast period. The development in travel and tourism industry is the major growth factor of the car rental services market across the world. Also increasing incorporation of advanced digital technologies in car renter services is one of the primary factors that will drive the growth of the car rental industry in forthcoming years.
Global car rental services market is segregated on the basis of Car Type as Luxury Cars, Economy Cars, SUVs, MUVs and Executive Cars. Based on Category, the global car rental services market is segmented as Local usage, outstation Usage, airport transport and others.
Global car rental services market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The car rental services market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Avis Budget Group, hertz and Sixt are among the major players in the global car rental services market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Car rental services Market has been segmented as below:
Car rental services Market, by Car Type
- Luxury Cars
- Economy Cars
- SUVs
- MUVs
- Executive Cars
Car rental services Market, by Category
- Local Usage
- Outstation Usage
- Airport Transportation
- Others
Car rental services Market, By Region
- North America
- Europe
- Asia Pacific
- Rest of World
The report covers:
- Global car rental services market sizes from 2018 to 2027, along with CAGR for 2022-2027
- Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
- Global car rental services market trends, covering comprehensive range of consumer trends & manufacturer trends.
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the car rental services market.
- Major market opportunities and challenges in forecast timeframe to be focused.
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management.
- Comprehensive company profiles of the key industry players.
Report scope:
Global car rental services market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global car rental services market share. Major industry players with significant revenue share include Enterprise Holding, Hertz, Carzonrent etc.
Reasons to Buy this Report:
- Gain detailed insights on the car rental services industry trends
- Find complete analysis on the market status
- Identify the car rental services market opportunities and growth segments
- Analyse competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Customization:
Customized report as per the requirement can be offered with appropriate recommendations
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Rise in the disposable income of the people
4.2.2. Expansion of travel and tourism industry
4.2.3. High standard of living
4.2.4. Lifestyle changes
4.2.5. Increasing numbers in hybrid vehicles
4.3. Restraints
4.3.1. Stringent government rules
4.3.2. Negative impact of volatile prices of gasoline and petroleum products
5. Car rental services Market, by Car Type
5.1. Key Points
5.2. Luxury Cars
5.3. Economy Cars
5.4. SUVs
5.5. MUVs
5.6. Executive Cars
6. Car rental services Market, by Category
6.1. Key Points
6.2. Local Usage
6.3. Outstation Usage
6.4. Airport Transportation
6.5. Others
7. Competitive Landscape
7.1. Introduction
7.2. Recent Developments
7.2.1. Mergers &Acquisitions
7.2.2. New Product Developments
7.2.3. Portfolio/Production Capacity Expansions
7.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
7.2.5. Others
8. Company Profile
8.1. Carzonrent India Pvt. Ltd.
8.1.1. Company Overview
8.1.2. Product/Service Landscape
8.1.3. Financial Overview
8.1.4. Recent Developments
8.2. Europcar
8.2.1. Company Overview
8.2.2. Product/Service Landscape
8.2.3. Financial Overview
8.2.4. Recent Developments
8.3. Uber Technologies Inc.
8.3.1. Company Overview
8.3.2. Product/Service Landscape
8.3.3. Financial Overview
8.3.4. Recent Developments
8.4. Eco Rent A Car
8.4.1. Company Overview
8.4.2. Product/Service Landscape
8.4.3. Financial Overview
8.4.4. Recent Developments
8.5. German Rent A Car
8.5.1. Company Overview
8.5.2. Product/Service Landscape
8.5.3. Financial Overview
8.5.4. Recent Developments
8.6. Alamo
8.6.1. Company Overview
8.6.2. Product/Service Landscape
8.6.3. Financial Overview
8.6.4. Recent Developments
The Car rental services Market has been segmented as below:
Car rental services Market, by Car Type
- Luxury Cars
- Economy Cars
- SUVs
- MUVs
- Executive Cars
Car rental services Market, by Category
- Local Usage
- Outstation Usage
- Airport Transportation
- Others
Car rental services Market, By Region
- North America
- Europe
- Asia Pacific
- Rest of World
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of car rental market?
The market is expected to grow at a CAGR of 5% during the study period (2022-2027)
How big is the car rental market value?
The global car rental market size was valued at US$ 120 billion in 2025
What is the segment’s covered for the car rental market?
The segment included in car rental market is Car Type, Category and region.
Who are the major key vendors in the car rental market?
Some key players operating in the car rental market include Avis Budget Group, hertz and Sixt
What are the different forms of the report available?
We can offer several formats of the market research reports including,
• PDF
• PPT
• Spreadsheet/ Workbook
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