Car Rental Market to Reach $214.04 Billion by 2027

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Car Rental Market
Car Rental Market by Application (Leisure and
Commercial), Rental Category (On Airport and Off
airport), and Vehicle Type (Luxury car, Executive
car, Economical car, Sports Utility Vehicle
(SUV), and Multi Utility Vehicle (MUV)) Global
Opportunity Analysis and Industry Forecast,
20202027
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Car Rental Market
The global car rental market size was valued at
92.92 billion in 2019 and is projected to reach
214.04 billion by 2027, registering a CAGR of
10.7 from 2020 to 2027. North America accounted
for the highest share in the global car rental
market in 2019, in terms of revenue, and LAMEA is
anticipated to exhibit remarkable growth rate
during the forecast period.  Car rental or car
hire agencies are agencies that rent automobiles
for a short period of time at certain cost. This
service is often organized with many local
branches, which are generally located near
airports or busy areas in the city and are
complemented by a website to allow online
reservations. With growth in pollution levels and
population, the car rental industry has
experienced a drastic transformation over the
past few years, becoming one of the most
prominent industries in fleet transportation.
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Car Rental Market

• Key Benefits For Stakeholders
• This study presents the analytical depiction of
  the global car rental market analysis along with
  the current trends and future estimations to
  depict the imminent investment pockets.
• The overall car rental market opportunity is
  determined by understanding the profitable trends
  to gain a stronger foothold.
• The report presents information related to key
  drivers, restraints, and opportunities of the
  global car rental market with a detailed impact
  analysis.
• The current car rental market is quantitatively
  analyzed from 2019 to 2027 to benchmark the
  financial competency.
• Porters five forces analysis illustrates the
  potency of buyers and suppliers in the industry.

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Car Rental Market

• Major Companies
• Avis Budget Group
• Europcar
• Enterprise Holdings Inc
• Hertz System, Inc.
• Localiza
• SIXT
• Uber Technologies, Inc.
• Carzonrent India Pvt Ltd.
• Eco Rent a Car
• ANI Technologies Pvt. Ltd. (OLA TAXIS)

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Car Rental Market
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