Global Car Rental Market - Analysis By Costumer (Business, Leisure), By Application (Airport, Off-Airport), By Type (Economy, Executive, Luxury, MUV, SUV): Opportunities and Forecast (2017-2022)

Date: 23 September 2017

Globally, the market for car rental has been growing at a faster pace on the back of rising economy, ongoing shift towards alternative transport solutions as well as increasing disposable income. Apart from these factors, technological advancements in car renting technology as a result of high internet & smartphone usage, have also been instrumental in impelling growth in the market.


The segment of leisure car rental has developed at a remarkable rate since its growing demand in the tourism industry. Amongst the regions, North America accounts for the largest regional share in the Global Car Rental market in 2016. Emerging nations in Asia Pacific region such as China and India exhibited large amount of potential and is anticipated to be one of the fastest growing region in the forecast period. Key factors driving the robust growth rate of APAC region include increase in the urban disposable income along with the poor transportation facilities. In the recent years, large number of local players have entered in the market and are constantly increasing the car renting amenities and fleet type to provide best quality service and ensure maximum comfort to the customers. Moreover, Airport segment is likely to witness tremendous growth on account of increasing air traffic volume and altering demand by corporates.

Besides, ongoing infrastructural developments in addition to government insurance policies in emerging nations is also anticipated to boost the market in the forecast period; however, there are certain challenges that have been restraining the growth in the market, including Brand awareness and volatility in crude oil prices. Further, growing internet usage and easy access of car renting is also anticipated to boost the global market in the forecast period. 

The report titled, “Global Car Rental Market - Analysis By Costumer (Business, Leisure), By Application (Airport, Off-Airport), By Type   (Economy, Executive, Luxury, MUV, SUV): Opportunities and Forecast (2017-2022) - By Region (North America, Europe, APAC, RoW), By Country (U.S., Canada, Germany, France, U.K., China, India, Brazil, Saudi Arabia, UAE), Market Share Analysis” has covered and analysed the potential of Global Car Rental Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Car Rental market. Additionally, the report also highlights market entry strategies for various companies across the globe. 

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Car Rental Market By Region (North America, Europe, APAC, and ROW) and By Country (U.S., Canada, France, Germany, U.K., China, India, Brazil, Saudi Arabia and UAE).
...