Market Research Report
Global Car Rental Market 2022-2026
|Global Car Rental Market 2022-2026|
Published: May 4, 2022
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the car rental market and it is poised to grow by $ 93.17 bn during 2022-2026, accelerating at a CAGR of 18.66% during the forecast period. Our report on the car rental market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growth in the travel and tourism industry, increasing incorporation of advanced digital technologies in car rental services, and growing interest in self-driving vehicles.
The car rental market analysis includes the type segment and geographic landscape.
Technavio's car rental market is segmented as below:
By Geographical Landscape
This study identifies the advent of intermediaries as one of the prime reasons driving the car rental market growth during the next few years. Also, value-for-money car rental services and advances in rental processes will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on car rental market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading car rental market vendors that include Al Futtaim Group Co., Aspark Holidays Pvt. Ltd., Autorent Car Rental LLC, Avis Budget Group Inc., Carzonrent India Pvt. Ltd., CENTAURO RENT A CAR S.L.U, DriiveMe Ltd., Drivezy Inc., Enterprise Holdings Inc., Europcar Mobility Group SA, Expedia Group Inc., Getaround Inc., Green Motion International, Hertz Global Holdings Inc., Localiza Rent a Car SA, Mex Rent a Car, Movida Participacoes SA, OK Group, SIXT SE, Turo Inc., and Zoomcar India Pvt. Ltd. Also, the car rental market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.