The Global Car Rental Market to 2019
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
• The US was the leader in the car rental market in terms of both market value (US$30.7 billion in 2014 equivalent to 42.6% share) and fleet size (2 million rental cars). The US also had the highest utilization rate (81% in 2014), rental occasions and rental days. China was the fastest growing market in terms of market size (CAGR 22.42%) and fleet size (CAGR 18.47%) during the historic period. Switzerland topped the list in terms of average revenue per day (US$90.4 in 2014) while the Philippines was the fastest growing market (CAGR 6.32%). Portugal had the highest average rental length of 7.6 days in 2014.
• In the wake of increasing numbers of complaints related to car rental services (regarding tank refueling, price transparency, unfair charges for damages caused), five car rental firms (Avis-Budget, Enterprise, Europcar, Hertz, and Sixt) in Europe agreed in July 2015 to align their present car rental practices in accordance with the consumer legislation requirements, set by EU rules on consumer rights, unfair commercial practices, and unfair terms
• Car rental services market in China is expanding with revenues projected to grow at 8.8% over the forecast period. The number of licensed drivers is about three times the cars present in the country. Due to traffic problems, many Chinese do not like to buy a car for traveling daily but they would like to drive when they go for outings on weekends. Scarcity of parking and government restrictions on traffic congestion will encourage the growth of car rental industry
Scope
Canadean’s report — The Global Car Rental Market To 2019 — provides detailed information on global car rental industry, analyzing market data and providing insights.
What else does this report offer
• Historic and forecast revenue of global car rental market covering 40 countries
• Detailed region-wise (Americas, Asia-Pacific, Europe, Middle East & Africa) of car rental companies' key performance indicators such as market value by business travelers, market value by leisure travelers, market value at airports, market value at non-airports, fleet size, number of rental occasions, number of rental days, average rental length, utilization rate, and average revenue per day for the historic (2010–2014)and forecast periods (2015–2019)
• Brief analysis of global car rental market and the present scenario
• Detailed analysis of the markets trends in key car rental markets
Reasons to Buy
Make strategic business decisions using historic and forecast market data related to global car rental industry
Understand the demand-side dynamics within the industry to identify key market trends and growth opportunities
Hertz Global Holdings
Avis Budget Group
Lotte rental co.ltd
TOYOTA Rent a Car
Europcar International
Sixt SE
Localiza Rent a Car SA
CAR Inc
Alamo Rent A Car LLC
Table of Contents
Table
Figures
Frequently asked questions
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.