Tue. Jul 16th, 2024

Global Car Rental Market Size, Share, Trends, Growth, Report and Forecast 2023-2028

MarkNtel Advisors recently published a report, titled, ” Global Car Rental Market By Booking Mode (Offline, Online), By Application (Leisure, Business), By Vehicle Type (Luxury, Economy Cars, Executive Cars, Sports Utility Vehicles [SUVs], Multi Utility Vehicles[MUVs]), By Rental Category (Local, Airport, Outstation), By Driver Type (Self-Driving, Chauffeur), By Rental Duration (Short Term, Long Term),. As per as the report The Global Car Rental market is projected to grow at a CAGR of around 7% during the forecast period, i.e., 2023-28.

“If you haven’t caught it, our reports are undergoing an update. Hit the “request sample” button to access the most up-to-date sample research data and forecasts, covering a forecast for 2024 to 2030. This report would have insights on market size, industry trends, and a competitive analysis along with all the market information required for market analysis. So quickly grab a sample of our report and decide whether it would help you or not in your strategic decision making”.

Global Car Rental Market Key Trends:

Integration of Advanced Telematics to Car Rental Software to Create New Trends – Currently, car rental companies are increasingly integrating telematics to gain insights into fleet performance, driver behavior, and maintenance needs. For instance, in 2021, RentalMatics announced an integration with TSD Mobility Solutions’ car rental software system. The use of telematics is also helping rental companies to improve their customer’s experience as it provides real-time information about estimated arrival time & vehicle location.

Along with this, advanced telematics helps rental companies by alerting the potential risks of thefts, accidents, and unauthorized use. Owing to this, the integration of advanced telematics is expected to continue to be a prominent factor in influencing market growth in the future.

Leading Companies in Global Car Rental Market:

Avis Budget Group, Sixt SE, Enterprise Holdings (Alamo), Hertz Corp., Europcar, Localiza, Carzonrent India Pvt. Ltd. (CIPL), ZoomCar, Inc., Dollar Rent a Car, Green Motion, Buchbinder, Others.

Global Car Rental Market Segmentation:

By Booking Mode

-Offline

-Online

By Application

-Leisure

-Business

By Vehicle Type

-Luxury

-Economy Cars

-Executive Cars

-Sports Utility Vehicles (SUVs)

-Multi Utility Vehicles (MUVs)

By Rental Category

-Local

-Airport

-Outstation

By Driver Type

-Self-Driving

-Chauffeur

By Rental Duration

-Short Term

-Long Term

Get Full Access Of Global Car Rental Market Report : https://www.marknteladvisors.com/research-library/car-rental-market.html

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific.

Key questions answered in the Global Car Rental Market are:

•What is Global Car Rental Market?

•What was the market size in 2023?

•What is the growth rate of the Global Car Rental Market?

•Which are the factors expected to drive the market growth?

•What are the different segments of the Global Car Rental Market?

•What segments are covered in the Market?

•Who are the key players in the Global Car Rental Market?

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Reach us:

Call: +1 628 895 8081, +91 120 4278433

Email: [email protected]  

 

Visit to know more:  www.marknteladvisors.com

Related Post