DUBLIN—The "Global Vehicle Rental Market - Overview and Forecast (2016 - 2021)" report has been added to Research and Markets' offering.

The increased awareness about car rental services, coupled with the needs in the tourism market primarily drives the car rental services market. The introduction of new business dynamics, increasing international tourist arrivals is some of the major factors driving growth of the car rental market currently.

In US more than 2.10 million vehicles are engaged in the car rental market, which generates revenue worth of $1050/vehicle monthly in the country. US is one of the primary markets to witness growth in the car rental services. The market is anticipated to continue growing through the forecast period, driven by an increase in the number of air travelers, and steady growth in the disposable income. North America and Europe constitute the bulk of the market with more than 65% of the market share in the global market.

The leaders in the car rental services are expected to retain their competitive advantage over the regional players, by getting involved in the strategic alliances with airlines and hotels. There is an observed high per capita spending on car rental in the developing markets of Brazil, Australia, and India which is mainly due to the lack of availability of an organized public transport network, lower disposable income, and high tourist destinations which ensures that the holiday maker arriving at their destination, requires a rental vehicle. Growth will be considerably high in these countries due to the strength of the foreign tourism.

Companies Mentioned

  • Ace Rent-A-Car
  • Advantage Rent-A-Car
  • Al Futtaim Group
  • Avis Budget Group Inc.
  • Carzonrent Pvt.Ltd.
  • Eco Rent A Car
  • Enterprise Holdings Inc.
  • Europcar Group
  • Globalcars
  • Localiza - Rent A Car Sa
  • U-Save-Auto-Rental System
  • Sixt Se
  • The Hertz Corporation

Key Topics Covered:

1. Introduction

2. Key Findings

3. Executive Summary

4. Market Overview And Technology Trends

5. Market Dynamics

6. Global Automotive Car Rental Market, By Application Purpose(Growth, Innovations And Feasibility )

7. Global Automotive Car Rental Market, By Vehicle Type (Growth, Trends, Forecasts)

8. Global Automotive Car Rental Market, By Booking Type (Growth, Trends And Durability)

9. Global Automotive Car Rental Market ,By Geography

10. Competitive Landscape

11. Key Vendor Analysis

12. Future And Investment Outlook

13. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/cj3zkn/global_vehicle

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Related Topics: Automotive Leasing and Rental