Auto Rental Market to Witness Huge Growth by 2023: To grow at a compounded annual growth rate of 13.2%
Edison, NJ -- (SBWIRE) -- 02/05/2019 -- Advance Market Analytics recently introduced Global Auto Rental Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Enterprise (United States), Hertz (United States), Avis Budget (United States), Sixt (Germany), Europcar (France), Localiza (Brazil), CAR Inc. (China), Movida (Brazil), Unidas (Brazil), Goldcar (Spain), eHi Car Services (China), Toyota (Japan), Times Mobility Networks (Japan), Nissan (Japan).
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The research analyst at AMA estimates Auto Rental market to grow at a compounded annual growth rate of 13.2%
This report studies the Global Auto Rental market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global Auto Rental market by companies, region, type and end-use industry.
This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and a consistent in depth analysis of the major vendor/key players in the market.
Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017
Base year – 2018
Forecast period** – 2018 to 2023 [** unless otherwise stated]
**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of Auto Rental Market: Economy, Compact, Intermediate, Standard, Full Size, Premium, Luxury
Key Applications/end-users of Auto Rental Market: Local Usage, Airport Transport, Outstation, Others
Top Players in the Market are: Enterprise (United States), Hertz (United States), Avis Budget (United States), Sixt (Germany), Europcar (France), Localiza (Brazil), CAR Inc. (China), Movida (Brazil), Unidas (Brazil), Goldcar (Spain), eHi Car Services (China), Toyota (Japan), Times Mobility Networks (Japan), Nissan (Japan)
Region Included are: North America, Europe, China, Japan, Southeast Asia & India
- Substantial demand for car rental services stems from the rising global air passenger traffic
- Rising demand for reliable and convenient travel from inbound and domestic travelers
- Companies are offering high technology gadgets for vehicle users, with an aim to consolidate their shares in the market
- Advent of green car rental services open new revenue streams for service providers
- Concept of self-driving instead of hiring a driver
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Important Features that are under offering & key highlights of the report:
– Detailed overview of Auto Rental market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Auto Rental market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Auto Rental market performance
– Must-have information for market players to sustain and enhance their market footprint
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Major Highlights of TOC:
- 1. Market Overview
o 1.1. Introduction
o 1.2. Scope/Objective of the Study
? 1.2.1. Research Objective
- 2. Executive Summary
o 2.1. Introduction
- 3. MarketDynamics
o 3.1. Introduction
o 3.2. Market Drivers
? 3.2.1. Substantial demand for car rental services stems from the rising global air passenger traffic
? 3.2.2. Rising demand for reliable and convenient travel from inbound and domestic travelers
o 3.3. Market Challenges
? 3.3.1. Limited variety of car models can hamper the auto rental service
? 3.3.2. Higher cost associated with the auto rental service as compared to other transportation service
o 3.4. Market Trends
? 3.4.1. Companies are offering high technology gadgets for vehicle users, with an aim to consolidate their shares in the market
? 3.4.2. Advent of green car rental services open new revenue streams for service providers
? 3.4.3. Concept of self-driving instead of hiring a driver
- 4. Market Factor Analysis
o 4.1. Porters Five Forces
o 4.2. Supply/Value Chain
o 4.3. PESTEL analysis
o 4.4. Market Entropy
o 4.5. Patent/Trademark Analysis
Chapter Five: Major Companies List
Chapter Six: Conclusion
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Auto Rental market?
- What are the key concerns of the five forces analysis of the Auto Rental market?
- What are different prospects and threats faced by the dealers in the Auto Rental market?
- What are the strengths and weaknesses of the key vendors?
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