Car rental Market Research Reports Consulting, Car rental Business Review, Car rental Industry Research and Market Reports : Ken Research

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• Developments In Car Rental Industry Market
  Outlook Ken Research

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• The dynamic and complex business of car rental
  started with simplified renting car on per day
  basis at fixed base charges plus over and above
  per mile charge. Soon hertz stepped into the
  market to change the face and fate of car rental
  industry. Now car rental is a fully fledged
  package consisting of combination of pickup and
  drop location, car type, rental period and even
  refueling option. Car rental industry is
  segmented on the basis of location, types of
  vehicle, market size, regions and many more. Car
  rental Market Research Reports that Emerging
  trends, technical advancements and
  industrialization has helped to expand the
  dynamism of car rental industry therefore
  influencing them to lower their carbon print, to
  go eco- friendly, introducing digitization, green
  and autonomous vehicle splendid techniques to
  protect from theft and most importantly has
  introduced with self driving ideology instead of
  hiring the driver which ultimately made end
  consumer more satisfied.

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• NEW TECHNOLOGIES THAT CAME INTO MARKET ARE
• Green technologies Universal concern over
  pollution and global warming became the driving
  force for introducing hybrid rental cars that
  were highly fuel efficient and cost effective.
  Being easy on wallet and reducing global emission
  Hertz Toyota prius hybrid rental car became the
  prominent leader in hybrid category.
• Electric Vehicle Fully electric vehicle is
  relatively more reliable and greener alternative
  to ordinary cars working on combustion engine.
  Therefore millions of dollars is spent by
  Orlando, Florida which is the most popular
  tourist destination and UK government to improve
  electric vehicles infrastructure
• Black Box They capture rudimentary information
  prior to accident. They record vehicle speeds and
  successfully helps automakers and government to
  design safer vehicles.
• Biometrics biometric is used across rental car
  collection points to protect the cars against
  theft. This technique is most used in Europe due
  to its high theft rate which collects the
  traceable records to track down criminals.
• Electronic fuel Metering this technology is
  primarily used by market leaders such as hertz to
  measure the amount of fuel customer has while
  leaving and when they return. If there would be
  any discrepancy it would easily be detected.
• Smart phone technology Automated rental
  technology that is use of mobile apps to hire
  rental cars are available 24/7 for the service of
  customer just a click away. Moreover inbuilt GPS
  system track rental car nearest to their current
  location. This function is available to more than
  2000 location worldwide. Thus leaving no stone
  unturned to add value to customers.

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• Car rental Industry Analysis reports with
  increase in consumption and technology of car
  rental, the industry is anticipated to continue
  to grow through 2021. 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 onset
  of technical gadgets is predicted to increase
  competition among the market players such as
  Hertz Corporation, Uber Technologies Inc, Alamo
  and many more. At the end of the day consumers
  are satisfied with the change in technologies in
  car rental industries marking the success of car
  rental industry.

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• For more information, click on the link below
• https//www.kenresearch.com/tag/automotive-transpo
  rtation-and-warehousing/car-rental/161.html
• Related Report -
• https//www.kenresearch.com/automotive-transportat
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  onents/saudi-arabia-vehicle-leasing-market/143546-
  100.html
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