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 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.
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.
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
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.
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.
Ken Research in its latest study, Netherlands Car Rental Market by Market Structure (Organized and Unorganized Sector), by Mode of Booking (Online and Offline), by Clients (Leisure and Business), by Pick-Ups (Airport and Off-Airport), by Car Type (Hatchback, Sedan and SUV) and by Major Regions - Outlook to 2022, suggests that demand for car rental in the country will grow at a positive growth rate owing to growing demand for car sharing and ride sharing services in the country.
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 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.
Worldwide growing tourism, especially of tourists using airplanes for business & leisure, primarily drives the growth of the car rental market across the globe.
Goldstein Research analyst forecast the global car rental market to expand at a CAGR of 5.7% during the forecast period 2016-2024 and reach the valuation of USD 85.1 billion by 2024.
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.
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.
FlightsLogic provides a Car Module, Car Rental Reservation System, Car Booking System to travel agents, tour operators, and travel companies all over the globe.
ESOMAR-certified consulting firm Future Market Insights (FMI) provides detailed assessments on the Global Car Rental market. The study is intended to help enterprises within the services & utilities industry to enhance their performance amid evolving market trends. It offers a comprehensive report on ongoing and upcoming trends in the Car Rental market. Detailed evaluation on market scenario across key regions is undertaken to facilitate decision-making of key players.
The Global Golf Cart Market is predicted to progress at a CAGR of 5.68% in terms of revenue over the forecasting period of 2024-2032. Read more about our blog
The global car rental market had a market size of $64.47 billion in 2018 and opportunities are poised growing with a compound annual growth rate (CAGR) of 11.53% during the forecast period 2019-2025.
The report titled “Poland Car Rental Market by Market Structure (Organized and Unorganized Sector), by Mode of Booking (Online and Offline), by Clients (Leisure and Business), by Pick-Ups (Airport and Off-Airport), by Car Type (Small, Medium and Large) and by Major Regions - Outlook to 2022” by Ken Research suggested that growing demand for online car booking backed up with growing number of medium and small car rental companies will majorly account for the overall revenue growth of Poland car rental market in next 5 years till 2022.
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
Strong penetration of the internet and Smartphone, growth in demand for online booking and expansion of fleet size of major players in the industry have been major growth drivers of Romania car rental market during the review period.
The Global Car Rental and Leasing Market witnessed a rapid growth in the historic period from 2016 to 2019 and is anticipated to witness significant growth during the forecast period.
Market Reports on India present the latest report on “Car Rentals Market in India”, This report provides deep dive data analytics on wide ranging Car Rental market aspects including overall market value by customer type - Business and Leisure, by point of rental.
The report titled “Turkey Car Rental Market by Market Structure (Organized and Unorganized Sector), by Mode of Booking (Online and Offline), by Clients (Leisure and Business), by Pick-Ups (Airport and Off-Airport), by Car Type (Hatchback, Sedan and SUV) and by Major Regions - Outlook to 2022” by Ken Research suggested that rising middle-class population with its high level of disposable incomes will majorly account for the overall revenue growth of Turkey car rental market in next 5 years till 2022.
Car rental market is projected to hit $214.04 Bn by 2027. This study presents market analysis, trends, and future estimations to determine investment pockets.
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.
Travel & Tourism Intelligence Center’s 'Car Rental in France to 2018: Market Databook' contains detailed historic and forecast data covering the car rental market in the travel and tourism industry in France. This databook provides data on customer type & rental location, insurance replacement revenue, fleet size by type of car, rental occasions, rental days, average rental length, utilization rate and average revenue per day. Get more about this report at: http://www.bigmarketresearch.com/car-rental-in-france-to-2018-databook-market
The global car rental market performed well during the historic period, recovering from the slowdown recorded at the beginning of 2009 due to the financial crisis and recession. Overall, growth was recorded in the four regions – Americas, Asia-Pacific, Europe, Middle East and Africa-across all key performance indicators (KPIs) during the historic period. This is expected to continue over the forecast period, supported by the rise in tourism flows and expenditure. Read more details of report at: http://www.bigmarketresearch.com/the-global-car-rental-to-2018-market
Car rental companies have been tying up with companies to attract more corporate clients and earn higher revenues. Car rental for leisure purpose accounted for almost same market share as business segment, ~% (USD ~ million) during 2017.
Travel & Tourism Intelligence Center’s 'Car Rental in South Africa to 2018: Market Databook' contains detailed historic and forecast data covering the car rental market in the travel and tourism industry in South Africa. This databook provides data on customer type & rental location, insurance replacement revenue, fleet size by type of car, rental occasions, rental days, average rental length, utilization rate and average revenue per day. Get more about this report at: http://www.bigmarketresearch.com/car-rental-in-south-africa-to-2018-databook-market
Travel & Tourism Intelligence Center’s 'Car Rental in the United Kingdom to 2018: Market Databook' contains detailed historic and forecast data covering the car rental market in the travel and tourism industry in the United Kingdom. This databook provides data on customer type & rental location, insurance replacement revenue, fleet size by type of car, rental occasions, rental days, average rental length, utilization rate and average revenue per day. Get more about this report at: http://www.bigmarketresearch.com/car-rental-in-the-united-kingdom-to-2018-databook-market
The global car rental market performed well during the historic period, recovering from the slowdown recorded at the beginning of 2009 due to the financial crisis and recession. Overall, growth was recorded in the four regions – Americas, Asia–Pacific, Europe, Middle East and Africa – across all key performance indicators (KPIs) during the historic period.
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
Oman Car Rental and Leasing Market Forecast to 2020 - Developing Tourism Industry and High Per Capita Income to Drive Growth" provides a comprehensive analysis of the Car Rental and Leasing Market in Oman. The report covers various aspects such as market size of Oman car rental and leasing market
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
05 March 2015, Navi Mumbai, India : Marketreportsonrussia.com presents a report on “Car Rental in Russia to 2018: Market Databook” provides detailed insight into the operating environment of the travel and tourism industry in Russia.
Marketreportsonchina.com presents a report on“Car Rental in China to 2018: Market Databook”.To provides detailed insight into the operating environment of the travel and tourism industry in China. It contains detailed historic and forecast data for car rental.
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.
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
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.
Marketreportsonindia.com presents a report on “Car Rental in India to 2018: Market Databook”, provides detailed insight into the operating environment of the travel and tourism industry in India.
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 report also provides insight vehicle leasing market in UAE, Dubai, Abu Dhabi and Northern Emirates including car leasing market size and segmentation by industry verticals, term of contracts and vehicle type for car leasing market. The report also entails the market share and strategies of the major players in the UAE car rental and leasing market along with the Government rules and regulations governing the market. An analysis of the future Car Rental Market of UAE is provided on the basis of revenue and fleet size over next five years.
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 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.
The report concludes with future outlook and projections of China car rental market, major macroeconomic indicators and upcoming trends affecting the market have also been highlighted in the report. For more information on the research report, refer to below link: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/china-car-rental-market/142338-100.html
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