Wednesday, June 22nd, 2016 - RnR Market Research

The Global Car Rental Market To 2019 - provides detailed information on global car rental industry, analyzing market data and providing insights.

Complete The Global Car Rental Market to 2019 Report Available @ http://www.rnrmarketresearch.com/the-global-car-rental-market-to-2019-market-report.html

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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 and 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

The global car rental market registered an impressive growth in 2014 with all the four regions - Americas, Asia-Pacific, Europe, Middle East and Africa - demonstrating positive growth. North America stood as the largest as well as the fastest growing market in 2014. Leisure travelers accounted for 54% of the car rental market value in 2014 while business travelers represented a share of 34.8%. Car rentals made at non-airport locations accounted for the largest share of the total market value in 2014 closely trailed by airport locations. The car rental industry will continue to expand over the forecast period, driven by the rise in tourism flows and expenditure.

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Key Findings

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

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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

Companies Mentioned

Enterprise Holdings, 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

List of Tables and Figures

Table 1: The Americas - Market Value by Customer Type - Business (US$ Million), 2010-2019 
Table 2: The Americas - Market Value by Customer Type -Leisure (US$ Million), 2010-2019 
Table 3: The Americas - Market Value by Location - Airport (US$ Million), 2010-2019 
Table 4: The Americas - Market Value by Location -Non-Airport (US$ Million), 2010-2019 
Table 5: The Americas - Fleet Size (Thousand), 2010-2019 
Table 6: The Americas - Number of Rental Occasions (Thousand), 2010-2019 
Table 7: The Americas - Number of Rental Days (Million), 2010-2019 
Table 8: The Americas - Average Rental Length (Days), 2010-2019 
Table 9: The Americas - Utilization Rate (%), 2010-2019 
Table 10: The Americas - Average Revenue per Day (US$), 2010-2019 
Table 11: Asia-Pacific - Market Value by Customer Type - Business (US$ Million), 2010-2019 
Table 12: Asia-Pacific - Market Value by Customer Type -Leisure (US$ Million), 2010-2019 
Table 13: Asia-Pacific - Market Value by Location - Airport (US$ Million), 2010-2019 
Figure 1: Top 10 Car Rental Markets by Value (US$ Million) with Utilization Rates (%), 2014 
Figure 2: The Americas - Top Three Markets by Value(US$ Million), 2014 
Figure 3: The Americas - Market Value by Customer Type - Business (US$ Million), 2010-2014 
Figure 4: The Americas - Market Value by Customer Type - Business (US$ Million), 2015-2019 
Figure 5: The Americas - Market Value by Customer Type -Leisure (US$ Million), 2010-2014 
Figure 6: The Americas - Market Value by Customer Type -Leisure (US$ Million), 2015-2019 
And More..

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Keywords

global car rental market, global car rental, global car rental Industry, car rental, car rental Market, car rental Industry, Travel & Leisure

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