Europe is having most prominent share in the IoT technology of the car rental industry and in the near future it is expected that with the more advancement in this technology will generate the highest revenue. The Hertz’s 24/7 service is accessible in a number of European countries, including the UK and serves employees of corporate sector with access to a pool of connected devices.
Facial recognition technology has begun to gain traction on devices like i-Phone X. Just recently IDEMIA announced their plan to install facial recognition cameras in rental vehicles. IDEMIA is a French company that specializes in biometrics and digital technology. Certain digital methods have been introduced in the recent past in order to improve the safety and security of rented cars.
With the technology of IoT the rental car workers can monitor the car’s fuel level and odometer. In addition the IoT stage can help in locating any vehicle in real time, which is very much beneficial if the car is not returned to the proper location at the time. The car rental companies can track the GPS location to find out more related to why people rent their vehicles which help in improving the mapping for future use.
Car sharing surge the benefits of auto mobility to individual without bearing the cost and effort of car ownership. Therefore, car sharing has pursuing seen double digit growth over the recent last few years, especially in the metropolitan cities where major portion of population are passing on the costs of car ownership. Moreover, corporate car sharing users are becoming an unavoidable source of additional business for stationary car sharing providers.
The growth of the rental car market has led to increasing demand for automobiles capable of providing safety and comfort at a reasonable price but there is a risk considered from the side of the rental car company as well.
The car rental industry is a multibillion dollar industry globally. Car rental sector has observed immense growth in the recent years especially in USA and countries of Europe because of rising air travel by people for business or leisure.
Car rental industries contribute significantly to reduce pollution level in the environment. Rise in the disposable income of developed countries such as North America, Europe, Asia- Pacific made them the major leader is continuously striving to equip themselves with all new technologies to acquire each and every customer in the market.
The global car rental market research report has had immense competition from car sharing and peer to peer rental companies like Uber, Lyft and Turo which has made the competition scenario highly complex and increased customer expectations as well as supplier power.
Car-sharing, or carpooling, started life as a motor vehicle version of hiring a DVD. Renting is no longer just a financial alternative to owning – user paid for a period of use, not for access at any time. The new service of carpooling, the user only pays by use. The person hires the vehicle when he or she confirms the booking via a device and stops when the user ends the booking.
The market for car rental in Middle East has been driven by countries such as Oman, Qatar, and Kuwait. Countries such as Saudi Arabia and UAE constitute for a major portion of car rental revenues across the Middle East region. The market for car rental in the country has been driven by the rise in demand for local players in Middle East although the market has been dominated by players such as Hertz Corporation, Sixt, Avis Corporation and Europcar.
The companies that use ride sharing are taking away a portion of business for short term car rentals. The portion is expected to increase over time. The introduction of ride sharing has allowed consumers to avail a larger variety of cars.
The car rental market in Egypt has been on a downward trend since the past few years from 2010-2015 majorly due to the presence of various obstacles such as local supply, poor roads, GPS, government regulation and poor infrastructure facilities. Various companies in the country have been closed due to the increasing dominance of local companies. Although majority of the business people, students and expats that travel to the country prefer to rent a car for long term/ service tenure. Egypt car rental market has declined at a CAGR of ~%, over the period, 2010-2015 and slumped to USD ~ million in 2015 from USD ~ million in 2010.
Car rental services generally function in a network of pick-up or drop-off points and provide a wide range of vehicles, which are usually owned by an organization that rents them to the users for short periods of time, depending on their needs; be it daily, monthly, or even annual plans.
The report provides a comprehensive analysis of the market size of the UK car rental industry by revenue and by rental fleets, market segmentation by on and off airport car rentals, by business, leisure and replacement rentals, long and short duration, as well as it is also segmented on the basis of online and station booking. The report entails the market share of major players in the overall car rental industry as well as the market share by on and off airport segment.
Reports and Intelligence present report on “Research and Development Forecast of China Car Rental Industry, 2013-2017”. With the development of China’s society and the improvement of people’s living standards as well as the transition of consciousness, more and more people and enterprises choose to travel with rented cars; for recent years, coupled with the implementation of purchase curbs policy in the second and first-tier cities, the development of car rental is greatly stimulated to a large extent. Detailed report at: http://www.reportsandintelligence.com/research-and-development-forecast-of-china-car-rental-industry-2013-2017-market
The report provides a comprehensive analysis of the market size of Spain car rental industry by revenue, market segmentation by on and off airport car rentals, by business, leisure and replacement rentals, long and short duration, as well as it is also segmented on the basis of online and station booking. The report entails the market share of major players in the overall car rental market.
TripFro is a cloud-based car rental software designed to automate the management of your fleet especially in a vehicle rental business. know more at: www.tripfro.com
Bharatbook.com announces a report on “China Car Rental Industry Report, 2014-2018”. The report mainly covers Overview of China car rental industry (including definition, classification, policies, industrial development, etc.). Analysis on Chinese car rental market (including market size, penetration, industry concentration, competition pattern, etc.)
The report covers various aspects such as overall market size of Turkey car rental, cab aggregator, self driven car and car sharing in terms of transaction value.. For more information on the research report, refer to below link: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/turkey-car-rental-market/142340-100.html
Car Rental and Leasing Market is predicted to gain better growth in coming years 2018 to 2023. This Car Rental and Leasing market report provides extensive analysis of top-vendors, regional development, progressive trends, and countless growth statistics of Car Rental and Leasing market. Additionally, emerging opportunities and revenue forecast (2018-2023) allows easy decision-making for all readers worldwide.
Thailand Car Rental Market Outlook to 2021 - Increasing Traffic Congestion and Rising Number of Corporate Clients to Amplify the Market Growth.. Source: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/thailand-car-rental-market/137098-100.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications ankur [@] kenresearch.com +91-9015378249 www.kenresearch.com
Car rental market business has developed rapidly over the past few years due to increasing development in the travel and tourism industry. The increase in the consumers spending limit along with improved roads or highways infrastructure worldwide are the major factors that encourage consumers to opt for leisure and business trips.
FlightsLogic provides a Car Module, Car Rental Reservation System, Car Booking System to travel agents, tour operators, and travel companies all over the globe.
The report titled "Italy Car Rental Industry Analysis to 2017 - Increasing Growth in Off-Airport Segment" provides a comprehensive analysis of the market size of Italy car rental industry by revenue and rental fleets, market segmentation by on and off airport car rentals, by business, leisure and replacement rentals, long and short duration, as well as it is also segmented on the basis of online and station booking. The report entails the market share of major players in the overall car rental industry, car sharing industry as well as the market share by on and off airport segment. The report also provides the travelers profile in the country along with major trends and developments in the car rental industry in Italy.
This Report provided by 24 Market Reports is about, Global Car Rental industry profile provides top-line qualitative and quantitative summary information including: market size
http://www.cityinterrent.com/blog/car-rental-leasing-in-the-uk-market-research-report/ - City Inter Rent specialises in the rental and leasing of luxury vehicles meant to facilitate travel in a busy, fast-paced world.
This Report provided by 24 Market Reports is about, G8 Car Rental industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
More Information @ http://bit.ly/2mkiVJY car sharing market continues to grow dramatically, rental car companies and the manufacturers are investing to enhance their business models. In 2016, General Motors invested in a Chinese company, Yi Wei Xing that offers a service to arrange short-term rentals.
"The Future of Car Rental in Germany to 2018: Market Profile" is the result of extensive research on the travel and tourism industry covering the car rental market in Germany. It provides detailed analysis on key trends and issues, market size and forecasts, key performance indicators and competitive landscape in the Ukrainian airlines market. The report also includes an overview of the Ukrainian travel and tourism industry covering key trends, barriers to tourism and tourist attractions with a detailed SWOT analysis of the tourism industry in Germany. Review and forecast data for tourism demand factors and market indicators has also been included in the report. This report also provides an overview of the leading companies in the car rental market in Germany. Read more details at: http://www.bigmarketresearch.com/the-future-of-car-rental-in-germany-to-2018-profile-market
The Global And China Rental Car Insurance Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Rental Car Insurance industry.
The Global And China Car Rentals Service Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Car Rentals Service industry.
The U.S. car rental market is highly consolidated where the top three players accounted for majority of the of the market share. For more mail: vikas@konceptanalytics.com
Notes: Production, means the output of Car Rental Revenue, means the sales value of Car Rental This report studies Car Rental in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market s
The report includes snapshots on ride sharing / carpooling market, self-driven car market and bike rental market in Indonesia and covers aspects such as off-airport and on-airport bookings, corporate and retail clients, and demand by major regions
Market Reports on India presents the latest report on “Research Report on India Car Rental Market (2016-2021)”. http://www.marketreportsonindia.com/service-industry-market-research-reports-13725/india car-rental-radio-taxi-corporate-aggregators-affilators.html The growth in this market is accompanied by the surging penetration of the radio cabs in the tier II cities, increase in influx of tourist and high level of convenience being associated with the cabs.
One of the industries which benefitted the most on account of improving world economy is car rental. Car rental is the hiring of a motor vehicle from one party to another party. Car rental companies are the ones which offer cars and vehicles on rent for a few hours to a few weeks, for a fee. Fore more information : http://bit.ly/1lSKxjm
The car rental market is defined as revenues generated by car rental companies for self-drive cars for hire. The market value is mainly made up car rentals for business and leisure purposes. To know more, click on the link below: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/car-rental-global-almanac/95853-100.html.Contact us:- Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com 0124-4230204
2019 Analysis and Review Car Rental Market by Car Type - Economy Cars, Compact Cars, Intermediate Cars, Premium Cars, Luxury Cars and Others for 2019 - 2029
The report presents a comprehensive analysis of the industry covering aspects including market size by revenue and market segmentation by on-airport and off-airport in Germany, France, the UK, Italy and Spain. The report also entails a detailed description of the prominent and emerging geographic markets of the region including the Netherlands, Switzerland, Belgium, Russia, Ukraine and others.
Brazil Car Rental Industry and Toll Application Market Outlook To 2020 - Increasing Sporting and Cultural activities and Robust Tourism to Foster Future Growth" provides a comprehensive analysis regarding the performance of car rental industry in Brazil. The revenues of the industry have been segmented on the basis of fleet outsourcing (car leasing), and Rent a Car (RAC) market. Under each segment, aspects such as market size on the basis of revenue and fleet size have been computed. The report also covers market share in each segment along with the company profile of car rental companies, pricing analysis, government regulation and working model of Brazil car rental industry
The report covers market size on the basis of credit disbursed, number of cars financed and new and used car penetration, segmentation on the basis of new and used car finance, tenure of loan for new car and used car and number of new cars financed in each region.
The leasing fleet provided by car rental and car dealer companies has been considered. The contract value has been computed on an accrual basis. For more information on the research report, refer to below link: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/saudi-arabia-vehicle-leasing-market/143546-100.html
Robust growth in promotional offers coupled with increase in acquisitions and mergers has amplified the size of the Vietnam Car Rental Industry. Source: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/vietnam-car-rental-market/137557-100.html
Trawex provides an end-to-end car rental booking engine that enables rental car providers and agencies to sell rental cars online via various business models such as B2B and B2C. We develop customizable car booking systems for rental car companies, car rental agencies, cab hiring businesses and taxi operators. For more details, Pls visit our website: https://www.trawex.com/car-rental-booking-engine.php
Trawex provides an end-to-end car rental booking engine that enables rental car providers and agencies to sell rental cars online via various business models such as B2B and B2C. We develop customizable car booking systems for rental car companies, car rental agencies, cab hiring businesses and taxi operators. For more details, Pls visit our website: https://www.trawex.com/car-rental-booking-engine.php
Global GDS provides an end-to-end car rental booking engine that enables rental car providers and agencies to sell rental cars online via various business models such as B2B and B2C. We develop customizable car booking systems for rental car companies, car rental agencies, cab hiring businesses.
Travelopro develops Car Rental System, Car Rental Software, Car Aggregator Websites, Car API to travel companies worldwide. For more details, please visit our website: https://www.travelopro.com/car-rental-system.php
Travelopro provides Car Rental Software, Best Car Rental Management Software, Car Reservation System and Car Booking Application to global travel industries. For more details, please visit our website: https://www.travelopro.com/car-rental-software.php
Travelopro is the World’s leading Travel Technology Company across the globe offers the best Car Rental Software Solution to the travel agents, tour operators and travel companies.