Car Rental Market
Car Rental Market - Global Industry Assessment & Forecast
Segments Covered
- By Application Leisure, Commercial
- By Rental Category On Airport, Off Airport
- By Car Type Luxury Cars, Executive Cars, Economical Cars, Sports Utility Vehicles (SUVs), Multi Utility Vehicles (MUVs)
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 102.12 Billion |
Revenue 2030: | USD 141.93 Billion |
Revenue CAGR (2023 - 2030): | 4.20% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
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Executive Dashboard
- Strategic Imperatives
-
Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Car Rental Market - Segment Analysis
- Overview
- Global Car Rental Market, 2016 - 2028 (USD Million)
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Global Car Rental Market - by Application
- By Leisure
- By Commercial
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Global Car Rental Market - by Rental Category
- By On Airport
- By Off Airport
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Global Car Rental Market - by Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
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Global Car Rental Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Car Rental Market - Segment Analysis
- Overview
- North America Car Rental Market, 2016 - 2028 (USD Million)
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North America Car Rental Market, by Application
- By Leisure
- By Commercial
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North America Car Rental Market, by Rental Category
- By On Airport
- By Off Airport
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North America Car Rental Market, by Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
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North America Car Rental Market, by Country
- U.S.
- U.S. Car Rental Market, By Application
- By Leisure
- By Commercial
- U.S. Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- U.S. Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- U.S. Car Rental Market, By Application
- Canada
- Canada Car Rental Market, By Application
- By Leisure
- By Commercial
- Canada Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- Canada Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- Canada Car Rental Market, By Application
- Mexico
- Mexico Car Rental Market, By Application
- By Leisure
- By Commercial
- Mexico Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- Mexico Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- Mexico Car Rental Market, By Application
- U.S.
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Europe Car Rental Market - Segment Analysis
- Overview
- Europe Car Rental Market, 2016 - 2028 (USD Million)
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Europe Car Rental Market, by Application
- By Leisure
- By Commercial
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Europe Car Rental Market, by Rental Category
- By On Airport
- By Off Airport
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Europe Car Rental Market, by Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
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Europe Car Rental Market, by Country
- Germany
- Germany Car Rental Market, By Application
- By Leisure
- By Commercial
- Germany Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- Germany Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- Germany Car Rental Market, By Application
- UK
- UK Market, By Application
- By Leisure
- By Commercial
- UK Market, By Rental Category
- By On Airport
- By Off Airport
- UK Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- UK Market, By Application
- France
- France Car Rental Market, By Application
- By Leisure
- By Commercial
- France Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- France Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- France Car Rental Market, By Application
- Spain
- Spain Car Rental Market, By Application
- By Leisure
- By Commercial
- Spain Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- Spain Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- Spain Car Rental Market, By Application
- Italy
- Italy Car Rental Market, By Application
- By Leisure
- By Commercial
- Italy Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- Italy Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- Italy Car Rental Market, By Application
- BENELUX
- BENELUX Car Rental Market, By Application
- By Leisure
- By Commercial
- BENELUX Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- BENELUX Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- BENELUX Car Rental Market, By Application
- Rest of Europe
- Rest Of Europe Car Rental Market, By Application
- By Leisure
- By Commercial
- Rest Of Europe Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- Rest Of Europe Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- Rest Of Europe Car Rental Market, By Application
- Germany
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Asia Pacific Car Rental Market - Segment Analysis
- Overview
- Asia Pacific Car Rental Market, 2016 - 2028 (USD Million)
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Asia Pacific Car Rental Market, by Application
- By Leisure
- By Commercial
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Asia Pacific Car Rental Market, by Rental Category
- By On Airport
- By Off Airport
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Asia Pacific Car Rental Market, by Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
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Asia Pacific Car Rental Market, by Country
- China
- China Car Rental Market, By Application
- By Leisure
- By Commercial
- China Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- China Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- China Car Rental Market, By Application
- Japan
- Japan Car Rental Market, By Application
- By Leisure
- By Commercial
- Japan Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- Japan Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- Japan Car Rental Market, By Application
- India
- India Car Rental Market, By Application
- By Leisure
- By Commercial
- India Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- India Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- India Car Rental Market, By Application
- South Korea
- South Korea Car Rental Market, By Application
- By Leisure
- By Commercial
- South Korea Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- South Korea Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- South Korea Car Rental Market, By Application
- South East Asia
- South East Asia Car Rental Market, By Application
- By Leisure
- By Commercial
- South East Asia Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- South East Asia Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- South East Asia Car Rental Market, By Application
- Rest of Asia Pacific
- Rest of Asia Pacific Car Rental Market, By Application
- By Leisure
- By Commercial
- Rest of Asia Pacific Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- Rest of Asia Pacific Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- Rest of Asia Pacific Car Rental Market, By Application
- China
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Latin America Car Rental Market - Segment Analysis
- Overview
- Latin America Car Rental Market, 2016 - 2028 (USD Million)
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Latin America Car Rental Market, by Application
- By Leisure
- By Commercial
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Latin America Car Rental Market, by Rental Category
- By On Airport
- By Off Airport
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Latin America Car Rental Market, by Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
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Latin America Car Rental Market, by Country
- Brazil
- Brazil Car Rental Market, By Application
- By Leisure
- By Commercial
- Brazil Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- Brazil Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- Brazil Car Rental Market, By Application
- Argentina
- Argentina Car Rental Market, By Application
- By Leisure
- By Commercial
- Argentina Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- Argentina Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- Argentina Car Rental Market, By Application
- Rest of Latin America
- Rest of Latin America Car Rental Market, By Application
- By Leisure
- By Commercial
- Rest of Latin America Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- Rest of Latin America Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- Rest of Latin America Car Rental Market, By Application
- Brazil
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Middle East & Africa Car Rental Market - Segment Analysis
- Overview
- Middle East & Africa Car Rental Market, 2016 - 2028 (USD Million)
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Middle East & Africa Car Rental Market, by Application
- By Leisure
- By Commercial
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Middle East & Africa Car Rental Market, by Rental Category
- By On Airport
- By Off Airport
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Middle East & Africa Car Rental Market, by Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
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Middle East & Africa Car Rental Market, by Country
- GCC Countries
- GCC Countries Car Rental Market, By Application
- By Leisure
- By Commercial
- GCC Countries Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- GCC Countries Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- GCC Countries Car Rental Market, By Application
- South Africa
- South Africa Car Rental Market, By Application
- By Leisure
- By Commercial
- South Africa Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- South Africa Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- South Africa Car Rental Market, By Application
- Rest of Middle East & Africa
- Rest of Middle East & Africa Car Rental Market, By Application
- By Leisure
- By Commercial
- Rest of Middle East & Africa Car Rental Market, By Rental Category
- By On Airport
- By Off Airport
- Rest of Middle East & Africa Car Rental Market, By Car Type
- By Luxury Cars
- By Executive Cars
- By Economical Cars
- By Sports Utility Vehicles (SUVs)
- By Multi Utility Vehicles (MUVs)
- Rest of Middle East & Africa Car Rental Market, By Application
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- Avis Budget Group
- Europcar
- Enterprise Holdings Inc.
- Hertz System Inc.
- Localiza SIXT
- Uber Technologies Inc.
- Carzonrent India Pvt Ltd.
- Eco Rent a Car
- Ani Technologies Private Limited (Ola Cabs.Com)
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Car Rental in terms of revenue?
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The global Car Rental valued at USD 102.12 Billion in 2022 and is expected to reach USD 141.93 Billion in 2030 growing at a CAGR of 4.20%.
Which are the prominent players in the market?
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The prominent players in the market are Avis Budget Group, Europcar, Enterprise Holdings Inc., Hertz System Inc., Localiza SIXT, Uber Technologies Inc., Carzonrent India Pvt Ltd., Eco Rent a Car, Ani Technologies Private Limited (Ola Cabs.Com).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 4.20% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Car Rental include
- Increasing trend of on-demand transportation services
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Car Rental in 2022.