Competition in Turkey Car Rental Market, Non Chauffer Rental Car Market

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Increasing Prominence of Online Cab Bookings and
Dominance of Foreign Players Impelling the Growth
of Turkey Car Rental Market Ken Research
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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, segmentation on the basis of
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.
The report also covers trends and developments,
issues and challenges, regulatory scenario and
SWOT analysis of Turkey car rental market. The
report covers snapshot and business models of cab
aggregator market, self driven car, car sharing,
car pooling/ride sharing and bike aggregator
market in Turkey. The report also covers the
competitive landscape of the industry and
comprehensive profile of leading players (Avis
Budget Group Inc, Europcar Groupe SA, Hertz Corp,
The, D'Ieteren SA) operating in the market. The
report concludes with future outlook and
projections of Turkey car rental market, major
macroeconomic indicators and upcoming trends
affecting the market have also been highlighted
in the report. The report also serves competitive
scenario for each market which exists in car
rental industry to get an in-depth understanding
of car rental sector in Turkey.
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Double digit growth of online car booking,
political stability in Turkey, huge demand from
domestic tourists will majorly account for the
growth of Turkey car rental market in upcoming
years. Increasing consumer spendings, expansion
of travel and tourism industry and increasing
demand from working age population will majorly
account for the growth of Turkey car rental
market in upcoming years. Turkey car rental
market is expected to witness decent growth in
the forecasted period 2018-2022. An expected
increase in incoming tourists, increasing number
of airline passengers, and an expected increase
in traveler preference for car rental will
majorly drive car rental market of the country in
upcoming years. The car rental market has
witnessed availability of a few large scale
players which is expected to change in coming
future. It is expected that new players will
enter the market and current players will
increase investments for service improvement
diversification, fleet size extension and market
penetration which will further boost the forecast
period performance of car rental.
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Over the forecast period, the main threat to the
performance of car rental is the decrease in the
number of airline passengers as a result of the
deteriorating security climate in the country,
which will have a negative impact on air
traffic. It is expected that the car rental
market in Turkey will continue to grow on the
back of support from government to improve
infrastructure facilities, rising middle-class
population with its high level of disposable
incomes and increasing volumes of tourism and
business activities in the country. The market is
expected to grow also on the grounds of the
increased reach to the customers. The major car
rental companies in Turkey are expected to expand
their operations to the major airports and other
important destinations as to increase their reach
across various regions. The introduction of new
services such as car pooling, car sharing and
other such services from the car rental companies
will further aid the overall market growth of car
rental industry during 2018-2022.
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Internet and Smartphone users in Turkey,
increasing international inbound arrivals and
domestic tourists and growing working population
in Turkey are some other key factors that may
have positive impact on the market, according to
the Analyst at Ken Research. Ken Research in its
latest study, 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,
suggests that demand for car rental in the
country will grow at a positive growth rate owing
increasing market penetration of car rental
companies and huge scope in online bookings. Key
Topics Covered in the Report Car Rental in Turkey
Value Chain Analysis Turkey Car Rental
Market Turkey Car Rental Market Size Turkey Cab
Aggregators Revenue
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Major Players in Turkey Car Rental Market Car
Rental Companies in Turkey Competition in Turkey
Car Rental Market Turkey Self Driving Car Market
Revenue Non Chauffer Rental Car Market
Turkey Turkey Car Rental Market Future
Growth Hertz Corp, the Car Rentals Market
Share Europcar Groupe SA Inc Fleet Size D'Ieteren
SA Revenue from Car Rental Avis Budget Group Inc
Competitors Future of Turkey Car Rental
Market Upcoming Trends in Car Rental Market
Turkey Market Share Leading Companies Turkey Cab
Aggregators International Domestic Tourism
Turkey Growth Turkey Bike Rental Industry Turkey
Cab Sharing Market Ride Sharing Market Turkey
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For more information on the research report,
refer to below link https//www.kenresearch.com/a
utomotive-transportation-and-warehousing/automotiv
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