Car Rental Market by Type, Mode of Booking, Rental Category, and Geography - Forecast and Analysis 2023-2027

Published: May 2023 Pages: 182 SKU: IRTNTR40065

Car Rental Market Analysis Report 2023-2027

The Global Car Rental Market size is estimated to grow at a CAGR of 20.16% between 2022 and 2027. The market size is forecasted to increase by USD 129.71 billion. The growth of the market depends on several factors, including an increase in vehicle ownership cost, the increasing incorporation of advanced digital technologies in car rental services, and the growing interest in self-driving vehicles.

This car rental market report extensively covers market segmentation by mode of booking (offline and online), type (economy cars, executive cars, luxury cars, SUVs, and MUVs), rental category (airport transport, local transport, outstation transport, and other transport), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Car Rental Market During the Forecast Period?

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Car Rental Market: Key Drivers, Trends, Challenges, and Customer Landscape

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Car Rental Market Driver

The market growth is significantly driven by the increasing cost of vehicle ownership. Owning a vehicle entails various expenses, including fuel, registration, taxes, finance, maintenance, and depreciation, all contributing to the overall ownership cost. The American Automobile Association (AAA) indicates that depreciation alone accounts for 43% of ownership costs, while maintenance and fuel costs contribute 25%.

In recent years, fuel and maintenance costs have witnessed a substantial rise, and this upward trend is projected to persist in the forecast period. Additionally, urban congestion has made car ownership burdensome. The AAA reported a USD 279 increase in the average cost of owning and operating a new car in 2020 compared to 2019. Consequently, the millennial generation has shown decreased interest in car ownership due to traffic issues and escalating fuel and maintenance expenses. As a result, the rate of car ownership among individuals aged between 18 and 35 has declined over time. These shifts in consumer behavior have led to a rising demand for car rental services, further fueling the growth of the global car rental market in the forecast period.

Significant Car Rental Market Trends

The market is witnessing a significant trend with the emergence of intermediaries. In the past, customers had to rely on telephone calls to book cars with service providers. However, the widespread availability of the internet has given rise to various online platforms known as car rental brokers. These intermediaries act as aggregators between customers and car rental operators, providing a convenient way to access rental services. Websites like carentals.com, expedia.com, cartrawler.com, and priceline.com are examples of such intermediaries.

Intermediaries offer competitive prices for car rentals, making the market highly price-driven. Customers often choose based on the best deals, resulting in commissions being payable to the brokers. Consequently, direct sales for operators become less favorable compared to sales through intermediaries. Moreover, using intermediaries can pose challenges in brand differentiation, as customers interact with the intermediary rather than the operator directly. These trends are expected to have a potential impact on the market's growth during the forecast period.

Major Car Rental Market Challenge

The growing popularity of car-sharing services presents a potential challenge to the car rental market's growth. Car sharing has become a trend in mobility, driven by the aim to reduce carbon emissions and alleviate city road congestion. This model enables the utilization of parked vehicles available in various locations, connecting car owners with co-travelers for city-to-city journeys. Car-sharing services have gained traction in both developed and developing urban regions, catering to motorists seeking to share rides during long-distance trips. Europe leads in per capita earnings, while APAC dominates the car-sharing market. Consequently, the increasing adoption of car-sharing services may have an adverse impact on the global car rental market during the forecast period.

Key Car Rental Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Car Rental Market Customer Landscape

Who are the Major Car Rental Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Autorent Car Rental LLC - The company offers car rental services such as self-driven car rental service.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Avis Budget Group Inc.
  • Carzonrent India Pvt. Ltd.
  • Centauro Rent a Car S.L.U.
  • DriiveMe Ltd.
  • Enterprise Holdings Inc.
  • Europcar Group UK Ltd.
  • Expedia Group Inc.
  • Getaround Inc.
  • GO Rentals Auckland Ltd.
  • Hertz Global Holdings Inc.
  • Localiza Rent a Car SA
  • Mex Rent a Car
  • Movida Participacoes SA
  • Renault SAS
  • SIXT SE

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What are the Fastest-Growing Segments in the Car Rental Market?

The market share growth by the offline segment will be significant during the forecast period. With the help of offline booking, customers can reserve a car in advance without having to rely on Internet connectivity. Customers can provide their information to rental companies via phone, email, or in person.

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The offline segment was valued at USD 38.82 million in 2017 and continued to grow until 2021. The demand for offline booking has grown extensively in recent years owing to the rising preference of customers. In addition, offline booking provides a layer of security to customers. This is particularly important for those who need reliable transportation for business or personal use. Such factors are expected to drive the growth of the offline segment in the global car rental market during the forecast period.

Which are the Key Regions for the Car Rental Market?

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North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The growth of the market in the region is attributed to factors such as low fuel prices, which have reduced the cost of transport by rental cars. In the US, the car rental market in the US is highly consolidated, as the top players account for a major share of the market. Iet in Canada, the market is driven by the growth of tourism in the country. A crucial factor contributing to the growth of the car rental market in Canada is the increasing demand for car rental services for airport transportation. Therefore, the car rental market is expected to grow in North America during the forecast period. 

This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. The demand for car rentals increased in North America, especially in the US, owing to the preference for personal transport due to COVID-19. However, restrictions on air travel negatively influenced the market in the region in 2020. The market is expected to grow during the forecast period as people have started to travel post the lifting of lockdowns due to the initiation of vaccination drives and the revival of the tourism industry. Such developments are expected to increase the demand for air transport rental services, which, in turn, will drive market growth during the forecast period.

Segment Overview

The car rental market report forecasts market growth by revenue at global, regional, & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Mode of Booking Outlook (USD Billion, 2017 - 2027)
    • Offline
    • Online
  • Type Outlook (USD Billion, 2017 - 2027)
    • Economy cars 
    • Executive cars 
    • Luxury cars
    • SUVs 
    • MUVs 
  • Rental Category Outlook
    • Airport transport
    • Local transport
    • Outstation transport 
    • Other transport 
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Argentina
      • Brazil
      • Chile

Parent Market Analysis

Technavio categorizes the global car rental market as a part of the global trucking market. The parent market, the global trucking market, covers companies engaged in goods and passenger land transportation, including vehicle rental and taxi companies. Technavio calculates the size of the global trucking market based on the combined revenue generated by companies operating in the goods and passenger land transportation sector, including vehicle rental, leasing, and taxi companies. Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.

 

Car Rental Market Scope

Report Coverage

Details

Page number

182

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 20.16%

Market growth 2023-2027

USD 129.71 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

18.77

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 37%

Key countries

US, China, Germany, Italy, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Autorent Car Rental LLC, Avis Budget Group Inc., Carzonrent India Pvt. Ltd., Centauro Rent a Car S.L.U., DriiveMe Ltd., Enterprise Holdings Inc., Europcar Group UK Ltd., Expedia Group Inc., Getaround Inc., GO Rentals Auckland Ltd., Hertz Global Holdings Inc., Localiza Rent a Car SA, Mex Rent a Car, Movida Participacoes SA, Renault SAS, SIXT SE, Turo Inc., Uber Technologies Inc., Zoomcar India Pvt. Ltd., and Aspark Holidays Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Car Rental Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, APAC, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of market vendors

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Mode of Booking
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Market Segmentation by Rental Category
    • Exhibit 08: Executive Summary – Chart on Incremental Growth
    • Exhibit 09: Executive Summary – Data Table on Incremental Growth
    • Exhibit 10: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 11: Parent market
    • Exhibit 12: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 13: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 14: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 15: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 17: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 18: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global car rental market 2017 - 2021
      • Exhibit 19: Historic Market Size – Data Table on global car rental market 2017 - 2021 ($ billion)
    • 4.2 Mode of Booking Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Mode of Booking Segment 2017 - 2021 ($ billion)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
    • 4.4 Rental Category Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Rental Category Segment 2017 - 2021 ($ billion)
    • 4.5 Geography Segment Analysis 2017 - 2021
      • Exhibit 23: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.6 Country Segment Analysis 2017 - 2021
      • Exhibit 24: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 25: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 26: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 27: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 28: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 29: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 30: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 31: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Mode of Booking

    • 6.1 Market segments
      • Exhibit 32: Chart on Mode of Booking - Market share 2022-2027 (%)
      • Exhibit 33: Data Table on Mode of Booking - Market share 2022-2027 (%)
    • 6.2 Comparison by Mode of Booking
      • Exhibit 34: Chart on Comparison by Mode of Booking
      • Exhibit 35: Data Table on Comparison by Mode of Booking
    • 6.3 Offline - Market size and forecast 2022-2027
      • Exhibit 36: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 37: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 38: Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Exhibit 39: Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • 6.4 Online - Market size and forecast 2022-2027
      • Exhibit 40: Chart on Online - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 41: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 42: Chart on Online - Year-over-year growth 2022-2027 (%)
      • Exhibit 43: Data Table on Online - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Mode of Booking
      • Exhibit 44: Market opportunity by Mode of Booking ($ billion)
      • Exhibit 45: Data Table on Market opportunity by Mode of Booking ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 46: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 47: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 48: Chart on Comparison by Type
      • Exhibit 49: Data Table on Comparison by Type
    • 7.3 Economy cars - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Economy cars - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 51: Data Table on Economy cars - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Chart on Economy cars - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Economy cars - Year-over-year growth 2022-2027 (%)
    • 7.4 Executive cars - Market size and forecast 2022-2027
      • Exhibit 54: Chart on Executive cars - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 55: Data Table on Executive cars - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 56: Chart on Executive cars - Year-over-year growth 2022-2027 (%)
      • Exhibit 57: Data Table on Executive cars - Year-over-year growth 2022-2027 (%)
    • 7.5 Luxury cars - Market size and forecast 2022-2027
      • Exhibit 58: Chart on Luxury cars - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 59: Data Table on Luxury cars - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 60: Chart on Luxury cars - Year-over-year growth 2022-2027 (%)
      • Exhibit 61: Data Table on Luxury cars - Year-over-year growth 2022-2027 (%)
    • 7.6 SUVs - Market size and forecast 2022-2027
      • Exhibit 62: Chart on SUVs - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 63: Data Table on SUVs - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Chart on SUVs - Year-over-year growth 2022-2027 (%)
      • Exhibit 65: Data Table on SUVs - Year-over-year growth 2022-2027 (%)
    • 7.7 MUVs - Market size and forecast 2022-2027
      • Exhibit 66: Chart on MUVs - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 67: Data Table on MUVs - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Chart on MUVs - Year-over-year growth 2022-2027 (%)
      • Exhibit 69: Data Table on MUVs - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Type
      • Exhibit 70: Market opportunity by Type ($ billion)
      • Exhibit 71: Data Table on Market opportunity by Type ($ billion)

    8 Market Segmentation by Rental Category

    • 8.1 Market segments
      • Exhibit 72: Chart on Rental Category - Market share 2022-2027 (%)
      • Exhibit 73: Data Table on Rental Category - Market share 2022-2027 (%)
    • 8.2 Comparison by Rental Category
      • Exhibit 74: Chart on Comparison by Rental Category
      • Exhibit 75: Data Table on Comparison by Rental Category
    • 8.3 Airport transport - Market size and forecast 2022-2027
      • Exhibit 76: Chart on Airport transport - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Data Table on Airport transport - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 78: Chart on Airport transport - Year-over-year growth 2022-2027 (%)
      • Exhibit 79: Data Table on Airport transport - Year-over-year growth 2022-2027 (%)
    • 8.4 Local transport - Market size and forecast 2022-2027
      • Exhibit 80: Chart on Local transport - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Data Table on Local transport - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Chart on Local transport - Year-over-year growth 2022-2027 (%)
      • Exhibit 83: Data Table on Local transport - Year-over-year growth 2022-2027 (%)
    • 8.5 Outstation transport - Market size and forecast 2022-2027
      • Exhibit 84: Chart on Outstation transport - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Data Table on Outstation transport - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Chart on Outstation transport - Year-over-year growth 2022-2027 (%)
      • Exhibit 87: Data Table on Outstation transport - Year-over-year growth 2022-2027 (%)
    • 8.6 Other transport - Market size and forecast 2022-2027
      • Exhibit 88: Chart on Other transport - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Data Table on Other transport - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Chart on Other transport - Year-over-year growth 2022-2027 (%)
      • Exhibit 91: Data Table on Other transport - Year-over-year growth 2022-2027 (%)
    • 8.7 Market opportunity by Rental Category
      • Exhibit 92: Market opportunity by Rental Category ($ billion)
      • Exhibit 93: Data Table on Market opportunity by Rental Category ($ billion)

    9 Customer Landscape

    • 9.1 Customer landscape overview
      • Exhibit 94: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    10 Geographic Landscape

    • 10.1 Geographic segmentation
      • Exhibit 95: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 96: Data Table on Market share by geography 2022-2027 (%)
    • 10.2 Geographic comparison
      • Exhibit 97: Chart on Geographic comparison
      • Exhibit 98: Data Table on Geographic comparison
    • 10.3 North America - Market size and forecast 2022-2027
      • Exhibit 99: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 10.4 Europe - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 10.5 APAC - Market size and forecast 2022-2027
      • Exhibit 107: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 10.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 112: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 113: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 10.7 South America - Market size and forecast 2022-2027
      • Exhibit 115: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 116: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 117: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 10.8 US - Market size and forecast 2022-2027
      • Exhibit 119: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 120: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 121: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 122: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 10.9 China - Market size and forecast 2022-2027
      • Exhibit 123: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 124: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 125: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 126: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 10.10 Germany - Market size and forecast 2022-2027
      • Exhibit 127: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 128: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 129: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 130: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 10.11 Italy - Market size and forecast 2022-2027
      • Exhibit 131: Chart on Italy - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 132: Data Table on Italy - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 133: Chart on Italy - Year-over-year growth 2022-2027 (%)
      • Exhibit 134: Data Table on Italy - Year-over-year growth 2022-2027 (%)
    • 10.12 France - Market size and forecast 2022-2027
      • Exhibit 135: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 136: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 137: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 138: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 10.13 Market opportunity by geography
      • Exhibit 139: Market opportunity by geography ($ billion)
      • Exhibit 140: Data Tables on Market opportunity by geography ($ billion)

    11 Drivers, Challenges, and Trends

    • 11.1 Market drivers
      • 11.2 Market challenges
        • 11.3 Impact of drivers and challenges
          • Exhibit 141: Impact of drivers and challenges in 2022 and 2027
        • 11.4 Market trends

          12 Vendor Landscape

          • 12.1 Overview
            • 12.2 Vendor landscape
              • Exhibit 142: Overview on Criticality of inputs and Factors of differentiation
            • 12.3 Landscape disruption
              • Exhibit 143: Overview on factors of disruption
            • 12.4 Industry risks
              • Exhibit 144: Impact of key risks on business

            13 Vendor Analysis

            • 13.1 Vendors covered
              • Exhibit 145: Vendors covered
            • 13.2 Market positioning of vendors
              • Exhibit 146: Matrix on vendor position and classification
            • 13.3 Aspark Holidays Pvt. Ltd.
              • Exhibit 147: Aspark Holidays Pvt. Ltd. - Overview
              • Exhibit 148: Aspark Holidays Pvt. Ltd. - Product / Service
              • Exhibit 149: Aspark Holidays Pvt. Ltd. - Key offerings
            • 13.4 Autorent Car Rental LLC
              • Exhibit 150: Autorent Car Rental LLC - Overview
              • Exhibit 151: Autorent Car Rental LLC - Product / Service
              • Exhibit 152: Autorent Car Rental LLC - Key offerings
            • 13.5 Avis Budget Group Inc.
              • Exhibit 153: Avis Budget Group Inc. - Overview
              • Exhibit 154: Avis Budget Group Inc. - Business segments
              • Exhibit 155: Avis Budget Group Inc. - Key offerings
              • Exhibit 156: Avis Budget Group Inc. - Segment focus
            • 13.6 Carzonrent India Pvt. Ltd.
              • Exhibit 157: Carzonrent India Pvt. Ltd. - Overview
              • Exhibit 158: Carzonrent India Pvt. Ltd. - Product / Service
              • Exhibit 159: Carzonrent India Pvt. Ltd. - Key offerings
            • 13.7 DriiveMe Ltd.
              • Exhibit 160: DriiveMe Ltd. - Overview
              • Exhibit 161: DriiveMe Ltd. - Product / Service
              • Exhibit 162: DriiveMe Ltd. - Key offerings
            • 13.8 Enterprise Holdings Inc.
              • Exhibit 163: Enterprise Holdings Inc. - Overview
              • Exhibit 164: Enterprise Holdings Inc. - Product / Service
              • Exhibit 165: Enterprise Holdings Inc. - Key news
              • Exhibit 166: Enterprise Holdings Inc. - Key offerings
            • 13.9 Europcar Group UK Ltd.
              • Exhibit 167: Europcar Group UK Ltd. - Overview
              • Exhibit 168: Europcar Group UK Ltd. - Product / Service
              • Exhibit 169: Europcar Group UK Ltd. - Key offerings
            • 13.10 Expedia Group Inc.
              • Exhibit 170: Expedia Group Inc. - Overview
              • Exhibit 171: Expedia Group Inc. - Business segments
              • Exhibit 172: Expedia Group Inc. - Key offerings
              • Exhibit 173: Expedia Group Inc. - Segment focus
            • 13.11 GO Rentals Auckland Ltd.
              • Exhibit 174: GO Rentals Auckland Ltd. - Overview
              • Exhibit 175: GO Rentals Auckland Ltd. - Product / Service
              • Exhibit 176: GO Rentals Auckland Ltd. - Key offerings
            • 13.12 Hertz Global Holdings Inc.
              • Exhibit 177: Hertz Global Holdings Inc. - Overview
              • Exhibit 178: Hertz Global Holdings Inc. - Business segments
              • Exhibit 179: Hertz Global Holdings Inc. - Key offerings
              • Exhibit 180: Hertz Global Holdings Inc. - Segment focus
            • 13.13 Localiza Rent a Car SA
              • Exhibit 181: Localiza Rent a Car SA - Overview
              • Exhibit 182: Localiza Rent a Car SA - Business segments
              • Exhibit 183: Localiza Rent a Car SA - Key offerings
              • Exhibit 184: Localiza Rent a Car SA - Segment focus
            • 13.14 Mex Rent a Car
              • Exhibit 185: Mex Rent a Car - Overview
              • Exhibit 186: Mex Rent a Car - Product / Service
              • Exhibit 187: Mex Rent a Car - Key offerings
            • 13.15 Movida Participacoes SA
              • Exhibit 188: Movida Participacoes SA - Overview
              • Exhibit 189: Movida Participacoes SA - Business segments
              • Exhibit 190: Movida Participacoes SA - Key offerings
              • Exhibit 191: Movida Participacoes SA - Segment focus
            • 13.16 SIXT SE
              • Exhibit 192: SIXT SE - Overview
              • Exhibit 193: SIXT SE - Business segments
              • Exhibit 194: SIXT SE - Key news
              • Exhibit 195: SIXT SE - Key offerings
              • Exhibit 196: SIXT SE - Segment focus
            • 13.17 Turo Inc.
              • Exhibit 197: Turo Inc. - Overview
              • Exhibit 198: Turo Inc. - Product / Service
              • Exhibit 199: Turo Inc. - Key offerings

            14 Appendix

            • 14.1 Scope of the report
              • 14.2 Inclusions and exclusions checklist
                • Exhibit 200: Inclusions checklist
                • Exhibit 201: Exclusions checklist
              • 14.3 Currency conversion rates for US$
                • Exhibit 202: Currency conversion rates for US$
              • 14.4 Research methodology
                • Exhibit 203: Research methodology
                • Exhibit 204: Validation techniques employed for market sizing
                • Exhibit 205: Information sources
              • 14.5 List of abbreviations
                • Exhibit 206: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              car rental market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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