Albany, NY -- (SBWIRE) -- 10/14/2013 -- The growth in tourism has been the primary driver for the growth of the car rental agencies. It gives the travelers the liberty to move around conveniently. It caters to the corporate world, wherein client’s transportation is being prioritized. People often fear of the unwarranted claims made by car rental agencies. They are often made to pay extra for stuffs that were not included earlier. Different condition parameters set forth by the car rental agencies prevent people from renting cars. . Growing number of air travelers has increased the revenue of car rental agencies. Globalization has instigated various multinational companies to establish their business overseas. This in turn has fuelled the car rental market demand, as people travelling abroad to client sites depend on such reliable services that help them reach their destinations conveniently.

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North America holds the largest market share of car rental industry which is one of the prominent regions wherein car rental service has flourished significantly. Some of the prominent regions in North America are the U.S and Canada. North America is followed by Europe which holds second largest market share for car rental market. The emerging countries such as India, China are steadily growing in the car rental industry mainly due to growing demand in these countries. Some of the largest car rental agencies are Hertz, Avis, National, Budget, Alamo, Enterprise, Thrifty among others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Rest of the World

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Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

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