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Sector Analysis
NewCar Rental Market Size, Share, Trends and Analysis by Customer Type, Location, Rental Sales by Channel and Segment Forecast to 2027
The global car rental market was valued at $91.2 billion in 2023. The market is expected to grow at a CAGR of 8.7% during 2024-2027. The study provides an executive-level overview of the current car rental market worldwide, with detailed forecasts of key indicators up to 2027.
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Case Studies
NewOTAs’ Influence on the Travel Industry – Case Study
OTAs’ in the Travel Industry Report Overview The OTA market value was $764.69 million in 2023. The proliferation of the internet and the increasing demand for personalized travel experiences will drive the market to grow at a CAGR of more than 12% from 2023 to 2027. The United States is the largest revenue contributor, accounting for over 46% of the global OTA market in 2023. The tourism sector in the US is on an upward trajectory owing to the rising...
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Analyst Opinions
Car Rental Market Trends and Analysis by Traveler Types, Product Developments, Challenges, Opportunities and Case Studies, 2023 Update
Car Rental Market Report Overview The car rental market size was $74.5 billion in 2022. The car rental sector has undergone a substantial transformation over the past few years. The rise in demand for rental cars can be attributed to technological advancements and evolving consumer preferences. Car Rental Market Outlook, 2022-2027 ($ Billion) Buy the Full Report for Additional Insights on the Car Rental Market Forecast Download a Free Report Sample The car rental market research report provides a detailed...
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Sector Analysis
United States Car Rentals Market Analysis by Customer Type, Fleet Size, Utilization Rate, Average Revenue and Forecast to 2026
Annual revenue from the business and leisure car rental (Self-drive) market in United States of America is valued at USD 6,211.95 million and USD 17,977.67 million respectively in 2021. During the period 2017-2021, business rentals registered a CAGR of -1.36% while leisure rentals registered a CAGR of -0.11%. Over the forecast period 2021-2026, the annual revenue from business and leisure rentals is expected to record a CAGR of 12.92% and 16.03% respectively, reaching to a value of USD 11,405.05 million...
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Sector Analysis
UAE Car Rentals Market Analysis by Customer Type, Fleet Size, Utilization Rate, Average Revenue and Forecast to 2026
Annual revenue from the business and leisure car rental (Self-drive) market in United Arab Emirates is valued at AED 13.88 million and AED 27.08 million respectively in 2021. During the period 2017-2021, business rentals registered a CAGR of -14.78% while leisure rentals registered a CAGR of -14.10%. Over the forecast period 2021-2026, the annual revenue from business and leisure rentals is expected to record a CAGR of 23.16% and 24.60% respectively, reaching to a value of AED 39.34 million and...
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Sector Analysis
UK Car Rentals Market Analysis by Customer Type, Fleet Size, Utilization Rate, Average Revenue and Forecast to 2026
Annual revenue from the business and leisure car rental (Self-drive) market in United Kingdom is valued at GBP 1,251.94 million and GBP 1,017.16 million respectively in 2021. During the period 2017-2021, business rentals registered a CAGR of -12.86% while leisure rentals registered a CAGR of -11.40%. Over the forecast period 2021-2026, the annual revenue from business and leisure rentals is expected to record a CAGR of 27.75% and 28.02% respectively, reaching to a value of GBP 4,259.04 million and GBP...
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Sector Analysis
Vietnam Car Rentals Market Analysis by Customer Type, Fleet Size, Utilization Rate, Average Revenue and Forecast to 2026
Annual revenue from the business and leisure car rental (Self-drive) market in Vietnam is valued at VND 0.002 million and VND 0.001 million respectively in 2021. During the period 2017-2021, business rentals registered a CAGR of -35.47% while leisure rentals registered a CAGR of -35.10%. Over the forecast period 2021-2026, the annual revenue from business and leisure rentals is expected to record a CAGR of 54.82% and 62.96% respectively, reaching to a value of VND 0.001 million and VND 0.002...
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Sector Analysis
Denmark Car Rentals Market Analysis by Customer Type, Fleet Size, Utilization Rate, Average Revenue and Forecast to 2026
Annual revenue from the business and leisure car rental (Self-drive) market in Denmark is valued at DKK 12.81 million and DKK 18.87 million respectively in 2021. During the period 2017-2021, business rentals registered a CAGR of -15.07% while leisure rentals registered a CAGR of -14.66%. Over the forecast period 2021-2026, the annual revenue from business and leisure rentals is expected to record a CAGR of 29.25% and 28.79% respectively, reaching to a value of DKK 46.21 million and DKK 66.86...
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Sector Analysis
Egypt Car Rentals Market Analysis by Customer Type, Fleet Size, Utilization Rate, Average Revenue and Forecast to 2026
Annual revenue from the business and leisure car rental (Self-drive) market in Egypt is valued at EGP 1.06 million and EGP 3.87 million respectively in 2021. During the period 2017-2021, business rentals registered a CAGR of -5.95% while leisure rentals registered a CAGR of -5.29%. Over the forecast period 2021-2026, the annual revenue from business and leisure rentals is expected to record a CAGR of 12.76% and 15.34% respectively, reaching to a value of EGP 1.93 million and EGP 7.89...
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Sector Analysis
Finland Car Rentals Market Analysis by Customer Type, Fleet Size, Utilization Rate, Average Revenue and Forecast to 2026
Annual revenue from the business and leisure car rental (Self-drive) market in Finland is valued at EUR 30.24 million and EUR 75.06 million respectively in 2021. During the period 2017-2021, business rentals registered a CAGR of 1.53% while leisure rentals registered a CAGR of 1.22%. Over the forecast period 2021-2026, the annual revenue from business and leisure rentals is expected to record a CAGR of 10.65% and 13.50% respectively, reaching to a value of EUR 50.17 million and EUR 141.36...