Car
Rental Market will register a CAGR of % during 2020-2024. The market’s
growth momentum will Accelerate.
Growth in travel and tourism industry | Increasing incorporation of advanced
digital technologies in car rental services | Growing interest in self-driving
vehicles will be one of the major factors driving the growth of this market.
Additionally, key Car Rental Market trends such as the Advent of intermediaries
| Value-for-money car rental services | Advances in rental processes will also
influence market growth during the forecast period.
Car Rental Market Size
Get a FREE sample for more insights on the
growth and the market share of various regions
During the forecast period, the Car Rental Market size will grow by $ 66.62
bn.
Car Rental Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of
competition among the companies in this market space will intensify further.
are some of the major companies in the Car Rental Market. Though the forecast
period offers opportunities for vendors to increase their market share, factors
such as the Rise in number of car-sharing services | Growing adoption of
car-hailing services | Inadequate consumer awareness along with fluctuations in
oil prices will also challenge the growth of the companies.
Avis Budget Group Inc. | Carzonrent India Pvt. Ltd. | Enterprise Holdings
Inc. | Europcar Mobility Group SA | Expedia Group Inc. | Hertz Global Holdings
Inc. | Localiza Rent a Car SA | Movida Participacoes SA | SIXT SE | Turo
Inc..list
are some of the companies covered in Technavio’s Car Rental Market report
for 2021-2025.
Car Rental Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key
markets. The regional level analysis also identifies the market share, growth
momentum, and key leading countries in the Car Rental Market.
The North America will account for the largest Car Rental Market share
and during 2021-2025, the region will contribute to 38% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Car
Rental Market report also analyzes the market by Economy cars | Executive cars
| Luxury cars | SUVs | MUVs | North America | Europe | APAC | South America |
MEA.comma
Our Custom Research Solutions can provide
tailored Car Rental Market information to meet your specific
requirements.
No comments:
Post a Comment