Abstract
Summary
LPI (LP Information)' newest research report, the “Car rental Industry Forecast” looks at past sales and reviews total world Car rental sales in 2022, providing a comprehensive analysis by region and market sector of projected Car rental sales for 2023 through 2029. With Car rental sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Car rental industry.
This Insight Report provides a comprehensive analysis of the global Car rental landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Car rental portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Car rental market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Car rental and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Car rental.
The global Car rental market size is projected to grow from US$ 70630 million in 2022 to US$ 203720 million in 2029; it is expected to grow at a CAGR of 16.3% from 2023 to 2029.
United States market for Car rental is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Car rental is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Car rental is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Car rental players cover Hertz Global Holdings, Enterprise Holdings, Avis Budget Group, Europcar, Sixt AG, China Auto Rental Inc, eHi Car Services and Uber Technologies Inc, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Car rental market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Cars
SUVs
Trucks
Minivans & Vans
Moving Trucks & Vans
Exotic Cars
Segmentation by application
Business
Travel
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hertz Global Holdings
Enterprise Holdings
Avis Budget Group
Europcar
Sixt AG
China Auto Rental Inc
eHi Car Services
Uber Technologies Inc
This Insight Report provides a comprehensive analysis of the global Car rental landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Car rental portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Car rental market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Car rental and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Car rental.
The global Car rental market size is projected to grow from US$ 70630 million in 2022 to US$ 203720 million in 2029; it is expected to grow at a CAGR of 16.3% from 2023 to 2029.
United States market for Car rental is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Car rental is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Car rental is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Car rental players cover Hertz Global Holdings, Enterprise Holdings, Avis Budget Group, Europcar, Sixt AG, China Auto Rental Inc, eHi Car Services and Uber Technologies Inc, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Car rental market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Cars
SUVs
Trucks
Minivans & Vans
Moving Trucks & Vans
Exotic Cars
Segmentation by application
Business
Travel
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hertz Global Holdings
Enterprise Holdings
Avis Budget Group
Europcar
Sixt AG
China Auto Rental Inc
eHi Car Services
Uber Technologies Inc
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Car rental Market Size 2018-2029
2.1.2 Car rental Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Car rental Segment by Type
2.2.1 Cars
2.2.2 SUVs
2.2.3 Trucks
2.2.4 Minivans & Vans
2.2.5 Moving Trucks & Vans
2.2.6 Exotic Cars
2.3 Car rental Market Size by Type
2.3.1 Car rental Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Car rental Market Size Market Share by Type (2018-2023)
2.4 Car rental Segment by Application
2.4.1 Business
2.4.2 Travel
2.4.3 Other
2.5 Car rental Market Size by Application
2.5.1 Car rental Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Car rental Market Size Market Share by Application (2018-2023)
3 Car rental Market Size by Player
3.1 Car rental Market Size Market Share by Players
3.1.1 Global Car rental Revenue by Players (2018-2023)
3.1.2 Global Car rental Revenue Market Share by Players (2018-2023)
3.2 Global Car rental Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Car rental by Regions
4.1 Car rental Market Size by Regions (2018-2023)
4.2 Americas Car rental Market Size Growth (2018-2023)
4.3 APAC Car rental Market Size Growth (2018-2023)
4.4 Europe Car rental Market Size Growth (2018-2023)
4.5 Middle East & Africa Car rental Market Size Growth (2018-2023)
5 Americas
5.1 Americas Car rental Market Size by Country (2018-2023)
5.2 Americas Car rental Market Size by Type (2018-2023)
5.3 Americas Car rental Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Car rental Market Size by Region (2018-2023)
6.2 APAC Car rental Market Size by Type (2018-2023)
6.3 APAC Car rental Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Car rental by Country (2018-2023)
7.2 Europe Car rental Market Size by Type (2018-2023)
7.3 Europe Car rental Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Car rental by Region (2018-2023)
8.2 Middle East & Africa Car rental Market Size by Type (2018-2023)
8.3 Middle East & Africa Car rental Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Car rental Market Forecast
10.1 Global Car rental Forecast by Regions (2024-2029)
10.1.1 Global Car rental Forecast by Regions (2024-2029)
10.1.2 Americas Car rental Forecast
10.1.3 APAC Car rental Forecast
10.1.4 Europe Car rental Forecast
10.1.5 Middle East & Africa Car rental Forecast
10.2 Americas Car rental Forecast by Country (2024-2029)
10.2.1 United States Car rental Market Forecast
10.2.2 Canada Car rental Market Forecast
10.2.3 Mexico Car rental Market Forecast
10.2.4 Brazil Car rental Market Forecast
10.3 APAC Car rental Forecast by Region (2024-2029)
10.3.1 China Car rental Market Forecast
10.3.2 Japan Car rental Market Forecast
10.3.3 Korea Car rental Market Forecast
10.3.4 Southeast Asia Car rental Market Forecast
10.3.5 India Car rental Market Forecast
10.3.6 Australia Car rental Market Forecast
10.4 Europe Car rental Forecast by Country (2024-2029)
10.4.1 Germany Car rental Market Forecast
10.4.2 France Car rental Market Forecast
10.4.3 UK Car rental Market Forecast
10.4.4 Italy Car rental Market Forecast
10.4.5 Russia Car rental Market Forecast
10.5 Middle East & Africa Car rental Forecast by Region (2024-2029)
10.5.1 Egypt Car rental Market Forecast
10.5.2 South Africa Car rental Market Forecast
10.5.3 Israel Car rental Market Forecast
10.5.4 Turkey Car rental Market Forecast
10.5.5 GCC Countries Car rental Market Forecast
10.6 Global Car rental Forecast by Type (2024-2029)
10.7 Global Car rental Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 Hertz Global Holdings
11.1.1 Hertz Global Holdings Company Information
11.1.2 Hertz Global Holdings Car rental Product Offered
11.1.3 Hertz Global Holdings Car rental Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 Hertz Global Holdings Main Business Overview
11.1.5 Hertz Global Holdings Latest Developments
11.2 Enterprise Holdings
11.2.1 Enterprise Holdings Company Information
11.2.2 Enterprise Holdings Car rental Product Offered
11.2.3 Enterprise Holdings Car rental Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 Enterprise Holdings Main Business Overview
11.2.5 Enterprise Holdings Latest Developments
11.3 Avis Budget Group
11.3.1 Avis Budget Group Company Information
11.3.2 Avis Budget Group Car rental Product Offered
11.3.3 Avis Budget Group Car rental Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 Avis Budget Group Main Business Overview
11.3.5 Avis Budget Group Latest Developments
11.4 Europcar
11.4.1 Europcar Company Information
11.4.2 Europcar Car rental Product Offered
11.4.3 Europcar Car rental Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 Europcar Main Business Overview
11.4.5 Europcar Latest Developments
11.5 Sixt AG
11.5.1 Sixt AG Company Information
11.5.2 Sixt AG Car rental Product Offered
11.5.3 Sixt AG Car rental Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 Sixt AG Main Business Overview
11.5.5 Sixt AG Latest Developments
11.6 China Auto Rental Inc
11.6.1 China Auto Rental Inc Company Information
11.6.2 China Auto Rental Inc Car rental Product Offered
11.6.3 China Auto Rental Inc Car rental Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 China Auto Rental Inc Main Business Overview
11.6.5 China Auto Rental Inc Latest Developments
11.7 eHi Car Services
11.7.1 eHi Car Services Company Information
11.7.2 eHi Car Services Car rental Product Offered
11.7.3 eHi Car Services Car rental Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 eHi Car Services Main Business Overview
11.7.5 eHi Car Services Latest Developments
11.8 Uber Technologies Inc
11.8.1 Uber Technologies Inc Company Information
11.8.2 Uber Technologies Inc Car rental Product Offered
11.8.3 Uber Technologies Inc Car rental Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 Uber Technologies Inc Main Business Overview
11.8.5 Uber Technologies Inc Latest Developments
12 Research Findings and Conclusion