Global Car Rental Market 2015-2019
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Transcript of Global Car Rental Market 2015-2019
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Global Car Rental Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “Many factors drive the growth of the global car rental market, one of which is growth in tourism. Also, car rental gives people greater mobility without the need to pay the various costs associated with car ownership. It also gives them the freedom to choose cars based on their requirements and budget, which may change over time. However, increased fuel prices have forced car rental companies to raise their charges, which deters some consumers from using car rental services. ”
• Car rental is a process where cars owned by a firm or an organization are rented by users for short periods of time. Over the past three decades, car rentals have grown into a popular urban transport industry.
• Technavio's analysts forecast the global car rental market to grow at a CAGR of 15.32% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Car Rental Market 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Global Car Rental Market 2015-2019
Alamo
Avis Rent A Car System
Enterprise Rent-A-Car
Alamo was established in 1974 and is headquartered in St. Louis, Missouri, US. It serves the rental needs of airport leisure travelers worldwide. The company offers rental services through cars (luxury, economy, electric, and hybrid), SUVs (compact, midsize, luxury, and jeep), pick-up trucks, and vans.
Avis Rent A Car System was founded in 1946 and is headquartered in Parsippany, New Jersey, US.
Enterprise Rent-A-Car was established in 1957 and is headquartered in St. Louis, US. The company offers rental services and services for personal, commercial, and business use in the US and worldwide.
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Market Landscape
• We expect the market to grow rapidly during the forecast period.
• Global economic growth has accelerated urbanization, which has led to traffic congestion and lack of parking space.
• Car rental services help to solve these problems.
• There are no ownership costs and customers can choose vehicles that meet their requirements.
• Increased environmental awareness has helped reduce the carbon footprint with the use of car rental services.
• In addition, the integration of technology with transport enables customers to use the service and enrich their experience.
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Key Buying CriteriaGuest Bloggers
• Authenticity • Delivery • Price• Service
Support
Parameter Details
Cost-effectiveness Vendors should offer services at affordable rates.
Customer Service and Support Customers should receive timely after sales support, and the services should be continuously enhanced.
Safety Measures Vendors should ensure the safety and security of customers by providing insurance and other related features.
Technology The vehicles available under the schemes should be technologically advanced and convenient to use.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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