An extensive study offering forecast assessment on Car Rental Services Market has been broadcasted to the mega-repository of Market Research Reports Search Engine (MRRSE). This all-inclusive and holistic research examines Car Rental Services Market in detail, providing an exhaustive analysis of key factors impacting present as well as future growth prospects of the market. In addition, the report provides key statistics on the current state of the industry and other methodical data to understand the market in a precise manner. A sub-category level analysis has been elaborated in the study, by which readers and investors of the report will able to know that where the market stands to gain.
Car rental services refer to giving a car on rent for a particular period of time depending upon the customer requirement. The car rental services market includes the service provider (who gives car on rents) and the consumer (who takes car on rent). Both these entities connect through either online or offline platform. The target market of care rental service providers comprise business travellers, tourist and other travellers. Car pooling and car sharing has led to explosive growth of the car rental industry. In terms of revenue, global car rental market was valued at US$ 98,100.00 million in 2016 and is estimated to be worth US $197,020.00 million by 2027 with a CAGR of 6.6% over the forecast period.
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The global car rental services market report begins with the executive summary and defines various categories and their share in the Car Rental Services market. The section is followed by market dynamics, an overview of the global car rental services market that includes FMI analysis of market drivers, restraints, opportunities and trends that are impacting growth in the car rental services market. Furthermore, the attractiveness index with elaborated insights is provided that perfectly encapsulates the market attractiveness based on metrics such as CAGR and incremental opportunity.
The car rental services market is segmented on the basis of car type, booking type, customer type, sector type, end-use and region. On the basis of car type, the market is segmented into economy cars, compact cars, intermediate cars, premium cars, luxury cars, and others. On the basis of booking type, the global car rental services is segmented into Offline Access, Mobile Application, and other Internet Access. By sector type, the market for car rental services is segmented into Organized and Unorganized sectors. On the basis of customer type, global car rental services market is segmented into business class and leisure class customers. On the basis of booking type, global car rental services is segmented into Intercity, Intracity, On-Airport, and others.
Competition analysis is critical in the global car rental market and the FMI report has delivered on that front. The report has profiled some of the most prominent companies actively involved in the car rental market and readers are advised to refer to this informative section. The competition dashboard comprises a broad organizational overview, financial ratios, strategies adopted, and recent company developments that affect their position in the car rental market.
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The research methodology developed by Future Market Insights is envied by our competitors and trusted by our valued partners. Our team of expert analysts begin their study with exhaustive primary and secondary research by conducting interviews with key stakeholders, industry and domain experts. The data is then thoroughly scrutinized with the help of advanced company tools to extract all the necessary qualitative and quantitative insights pertaining to the global car rental market.
Car Rental Market Taxonomy
By Car Type
By Booking Type
Other Internet Access
By Customer Type
By Sector Type
Key Regions/Countries Covered
Rest of Latin America
Rest of Western Europe
Rest of Eastern Europe
Asia Pacific Excluding Japan (APEJ)
Australia and New Zealand
Rest of APEJ
Middle East & Africa
Rest of MEA
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Car Rental Services Market Estimated to Reach a US$ 197,020.00 Million Value by 2027
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