The global car rental market size was USD 122.30 billion in 2022 and is expected to register a revenue CAGR of 7.4% during the forecast period. Increased adaptability of transportation options, growth in the popularity of on-demand transit services, growing tourism and travel industries, and fast urbanization and increasing traffic congestion are some of the key factors driving market revenue growth.

The latest report is updated with the impact analysis of the current COVID-19 pandemic on the market. The rapidly changing dynamics of the market and current and future growth potential of the market are covered in the report. The report offers crucial information about the initial and future assessment of the impact of the COVID-19 crisis on the overall market. The Car Rental market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

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 The leading market contenders listed in the report are:

Enterprise Holdings, Inc., The Hertz Corporation, Avis Rent A Car System, LLC, Sixt, Europcar, DTG Operations, Inc., Alamo, Carzonrent, Fox Rent A Car, Speedy Drive, Autostrad Rent a Car, Advantage.com, Payless Car Rental, Rent-A-Wreck of America Inc., U-Save Car & Truck Rental, Zoomcar Ltd, Budget Truck Rental, LLC, Penske, Ryder System, Inc., and Localiza

Key reasons to buy the Global Car Rental Market report:

  1. The latest report comprehensively studies the global Car Rental market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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 Market Segmentations of the Car Rental Market

  • Booking Type Outlook (Revenue, USD Billion; 2019-2032)

    • Offline Booking
    • Online Booking

  • Rental Length Outlook (Revenue, USD Billion; 2019-2032)

    • Short Term
    • Long Term

  • Vehicle Type Outlook (Revenue, USD Billion; 2019-2032)

    • Luxury
    • Executive
    • Economy
    • SUVs
    • MUVs

 

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 Regional Outlook of the Car Rental Market

The global Car Rental market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Car Rental market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global Car Rental Market report:

  1. The latest report comprehensively studies the global Car Rental market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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