Global Car Rental (Self Drive) Market 2023-2027

Description

List of Tables

Technavio has been monitoring the car rental (self drive) market and is forecast to grow by USD 1,702.15 mn during 2022-2027, accelerating at a CAGR of 35.8% during the forecast period. Our report on the car rental (self drive) 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing interest in self-driving vehicles, growth of the travel and tourism industry, and rise in disposable income and easy availability of autonomous car rentals.

Technavio's car rental (self drive) market is segmented as below:

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the use of telematics in self-drive car rentals as one of the prime reasons driving the car rental (self drive) market growth during the next few years. Also, recent advancements in self-drive car rentals and the advent of intermediaries 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 through an analysis of key parameters. Our report on the car rental (self drive) market covers the following areas:

Car rental (self drive) market sizing
Car rental (self drive) market forecast
Car rental (self drive) market industry analysis

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 rentals (self drive) market vendors that include Aspark Holidays Pvt. Ltd., Aurora Innovation Inc., Autorent Car Rental LLC, Avis Budget Group Inc., DriiveMe Ltd., Enterprise Holdings Inc., Hertz Global Holdings Inc., Localiza Rent a Car SA, Primemover Mobility Technologies Pvt. Ltd., SIXT SE, Volkswagen AG, and Zoomcar India Pvt. Ltd. Also, the car rental (self drive) 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 through 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.

Product Code: IRTNTR75195

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Mode of Booking
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global car rental (self drive) market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global car rental (self drive) market 2017 - 2021 ($ million)
4.2 Vehicle type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Vehicle type Segment 2017 - 2021 ($ million)
4.3 Mode of booking Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Mode of booking Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Vehicle Type

6.1 Market segments
Exhibit 30: Chart on Vehicle Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Vehicle Type - Market share 2022-2027 (%)
6.2 Comparison by Vehicle Type
Exhibit 32: Chart on Comparison by Vehicle Type
Exhibit 33: Data Table on Comparison by Vehicle Type
6.3 Economy cars - Market size and forecast 2022-2027
Exhibit 34: Chart on Economy cars - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Economy cars - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Economy cars - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Economy cars - Year-over-year growth 2022-2027 (%)
6.4 Luxury cars - Market size and forecast 2022-2027
Exhibit 38: Chart on Luxury cars - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Luxury cars - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Luxury cars - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Luxury cars - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Vehicle Type
Exhibit 42: Market opportunity by Vehicle Type ($ million)
Exhibit 43: Data Table on Market opportunity by Vehicle Type ($ million)

7 Market Segmentation by Mode of Booking

7.1 Market segments
Exhibit 44: Chart on Mode of Booking - Market share 2022-2027 (%)
Exhibit 45: Data Table on Mode of Booking - Market share 2022-2027 (%)
7.2 Comparison by Mode of Booking
Exhibit 46: Chart on Comparison by Mode of Booking
Exhibit 47: Data Table on Comparison by Mode of Booking
7.3 Offline - Market size and forecast 2022-2027
Exhibit 48: Chart on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Offline - Year-over-year growth 2022-2027 (%)
7.4 Online - Market size and forecast 2022-2027
Exhibit 52: Chart on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Online - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Mode of Booking
Exhibit 56: Market opportunity by Mode of Booking ($ million)
Exhibit 57: Data Table on Market opportunity by Mode of Booking ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Japan - Market size and forecast 2022-2027
Exhibit 87: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 France - Market size and forecast 2022-2027
Exhibit 95: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on France - Year-over-year growth 2022-2027 (%)
9.12 China - Market size and forecast 2022-2027
Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Aspark Holidays Pvt. Ltd.
Exhibit 111: Aspark Holidays Pvt. Ltd. - Overview
Exhibit 112: Aspark Holidays Pvt. Ltd. - Product / Service
Exhibit 113: Aspark Holidays Pvt. Ltd. - Key offerings
12.4 Aurora Innovation Inc.
Exhibit 114: Aurora Innovation Inc. - Overview
Exhibit 115: Aurora Innovation Inc. - Product / Service
Exhibit 116: Aurora Innovation Inc. - Key offerings
12.5 Autorent Car Rental LLC
Exhibit 117: Autorent Car Rental LLC - Overview
Exhibit 118: Autorent Car Rental LLC - Product / Service
Exhibit 119: Autorent Car Rental LLC - Key offerings
12.6 Avis Budget Group Inc.
Exhibit 120: Avis Budget Group Inc. - Overview
Exhibit 121: Avis Budget Group Inc. - Business segments
Exhibit 122: Avis Budget Group Inc. - Key offerings
Exhibit 123: Avis Budget Group Inc. - Segment focus
12.7 DriiveMe Ltd.
Exhibit 124: DriiveMe Ltd. - Overview
Exhibit 125: DriiveMe Ltd. - Product / Service
Exhibit 126: DriiveMe Ltd. - Key offerings
12.8 Enterprise Holdings Inc.
Exhibit 127: Enterprise Holdings Inc. - Overview
Exhibit 128: Enterprise Holdings Inc. - Product / Service
Exhibit 129: Enterprise Holdings Inc. - Key news
Exhibit 130: Enterprise Holdings Inc. - Key offerings
12.9 Hertz Global Holdings Inc.
Exhibit 131: Hertz Global Holdings Inc. - Overview
Exhibit 132: Hertz Global Holdings Inc. - Business segments
Exhibit 133: Hertz Global Holdings Inc. - Key offerings
Exhibit 134: Hertz Global Holdings Inc. - Segment focus
12.10 Localiza Rent a Car SA
Exhibit 135: Localiza Rent a Car SA - Overview
Exhibit 136: Localiza Rent a Car SA - Business segments
Exhibit 137: Localiza Rent a Car SA - Key offerings
Exhibit 138: Localiza Rent a Car SA - Segment focus
12.11 Primemover Mobility Technologies Pvt. Ltd.
Exhibit 139: Primemover Mobility Technologies Pvt. Ltd. - Overview
Exhibit 140: Primemover Mobility Technologies Pvt. Ltd. - Product / Service
Exhibit 141: Primemover Mobility Technologies Pvt. Ltd. - Key offerings
12.12 SIXT SE
Exhibit 142: SIXT SE - Overview
Exhibit 143: SIXT SE - Business segments
Exhibit 144: SIXT SE - Key news
Exhibit 145: SIXT SE - Key offerings
Exhibit 146: SIXT SE - Segment focus
12.13 Volkswagen AG
Exhibit 147: Volkswagen AG - Overview
Exhibit 148: Volkswagen AG - Business segments
Exhibit 149: Volkswagen AG - Key offerings
Exhibit 150: Volkswagen AG - Segment focus
12.14 Zoomcar India Pvt. Ltd.
Exhibit 151: Zoomcar India Pvt. Ltd. - Overview
Exhibit 152: Zoomcar India Pvt. Ltd. - Product / Service
Exhibit 153: Zoomcar India Pvt. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 154: Inclusions checklist
Exhibit 155: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 156: Currency conversion rates for US$
13.4 Research methodology
Exhibit 157: Research methodology
Exhibit 158: Validation techniques employed for market sizing
Exhibit 159: Information sources
13.5 List of abbreviations
Exhibit 160: List of abbreviations