Global Car Rental Market Analysis, Trends and Opportunities 2020 - 2022
Summary -
A new market
study, titled “Global Car Rental Market Analysis, Trends and Opportunities 2020
- 2022” has been featured on WiseGuyReports.
Many people
benefit by using car rental services because of the reduced total cost of
mobility. A crucial reason contributing to the growth of the market is that
providers own the vehicles and users are free from the burden of ownership
costs. Customers also have the flexibility of choosing cars that can meet their
daily needs. Moreover, insurance costs incurred during renting vehicles are
also taken care of users by the rental companies. Corporate members also have
access to a fleet of cars with hassle-free maintenance and management systems.
In addition, service agreements with car rental providers help companies reduce
their fleet costs and provide their employees with easy access to a range of
vehicles.
Technavio’s
analysts forecast the global car rental market to grow at a CAGR of 17.52%
during the period 2018-2022.
Covered in
this report
The report
covers the present scenario and the growth prospects of the global car rental
market for 2018-2022. To calculate the market size, the report considers the
revenue generated from the sales of car rental.
The market
is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's
report, Global Car Rental Market 2018-2022, has been prepared based on an
in-depth market analysis with inputs from industry experts. The report covers
the market landscape and its growth prospects over the coming years. The report
also includes a discussion of the key vendors operating in this market.
Key vendors
• Avis
Budget Group
•
Enterprise Holdings
• Europcar
• Hertz
• Sixt
•
Carzonrent
Other
prominent vendors
• Hermes
• Advantage
OPCO
• E-Z Rent
A Car
Market
driver
•
Increasing incorporation of advanced digital technologies in car rental
services
• For a
full, detailed list, view our report
Market
trend
•
Introduction of value-for-money car rental services
• For a
full, detailed list, view our report
Key
questions answered in this report
• What will
the market size be in 2022 and what will the growth rate be?
• What are
the key market trends?
• What is
driving this market?
• What are
the challenges to market growth?
• Who are
the key vendors in this market space?
You can
request one free hour of our analyst’s time when you purchase this market
report. Details are provided within the report.
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/2771300-global-car-rental-market-2018-2022
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