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The electric car rental market size is forecast to increase by USD 18.01 billion at a CAGR of 16.68% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. The increasing demand for rental cars, fueled by the rise in international tourism, presents a lucrative opportunity for market expansion. Moreover, technological advancements in battery technology have led to improved vehicle range and faster charging times, making electric cars a more viable option for rental companies. However, the global power crisis hindering the growth of the electric vehicle (EV) market poses a challenge. Despite this, the market is expected to continue its growth trajectory as governments and private entities invest in renewable energy infrastructure to support the widespread adoption of EVs. The rental market's shift towards electric vehicles is a response to evolving consumer preferences and regulatory pressures, making it an exciting space to watch.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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