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Global Car Rental

Market Research

Report and Forecast

2025

Report Edition: 2020

© 2020 IMARC All Rights Reserved

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Global Car Rental Market Overview:

Car rental refers to the hiring services for passenger cars over a predefined period. The services can beaccessed through online or offline channels by serving travelers who do not own private vehicles. Carrental is a pocket-friendly alternative to owning a vehicle since it provides freedom of movement, low-cost traveling and helps in avoiding high ownership expenses. Several service providers also offeradditional services, such as car damage repair, insurance, entertainment systems, global positioningsystems (GPS) devices, and Wi-Fi networks.

Global Car Rental Market Trends

The demand for car rental services is being propagated by the growing tourism sector along withincreasing gravitation towards adventure and travel, especially among the millennial population.Furthermore, these services are also being availed in the form of taxis and carpooling by individuals forbetter mobility and cost-effective traveling. Additionally, the launch of favorable government policiesand rising environmental concerns have resulted in increased emphasis on minimizing vehicularemissions and promoting car rental services. Moreover, the inception of car rental services throughwebsites and mobile applications is further anticipated to spur the car rental market.

https://www.imarcgroup.com/car-rental-market

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120.2125.5 130.8

136.1 141.4146.7 152.0

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Car Rental Market Segmentation:

Breakup by Booking:

• Offline Booking• Online Booking

Breakup by Rental Length:

• Short Term• Long Term

Breakup by Vehicle Type:

• Luxury• Executive• Economy• SUVs• Others

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Breakup by Application:

Leisure/TourismBusiness

Breakup by End-User:

• Self-Driven• Chauffeur-Driven

Breakup by Region:

• North America• Asia Pacific• Europe• Latin America• Middle East and Africa

Browse Full Report With TOC: https://www.imarcgroup.com/car-rental-market

https://www.imarcgroup.com/car-rental-market

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Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players.

• Avis Budget Group, Inc.• Carzonrent India Private Limited• Eco rent a car• Enterprise Holdings, Inc.• Enterprise Rent-A-Car• Europcar• Localiza• Sixt SE• The Hertz Corporation

A partial List of our ClientsWe are the trusted business partners to theworld's leading corporates, governments, andinstitutions

Partial List of Clients

A partial List of our ClientsWe are the trusted business partners to theworld's leading corporates, governments, andinstitutions

Partial List of Clients

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© 2020 IMARC All Rights Reserved

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Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have beenbased on information and sources believed to be accurate and reliable at the time of publishing.International Market Analysis Research and Consulting makes no representation of warranty of any kind as tothe accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for anyloss or damage resulting from opinion, errors or inaccuracies if any found this publication.

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