Researchmoz added Most up-to-date research on "Luxury Car Rental Market 2025 to Achieve Significant Growth in the Near Future" to its huge collection of research reports.
Albany, NY -- (SBWIRE) -- 03/16/2019 -- Luxury car rental is the use of a luxury car for a fixed period time at an assessed amount of money. Today, car rental is very popular as it provides mobility solutions for both business and leisure travelers. Users can easily arrange a car rental in website or mobile phone.
The Luxury Car Rental market was worth approximately $10 billion globally in 2016. Geographically, North America is the giant player who represents nearly 50% of the global market, followed by Europe, which representing approximately 29% market shares.
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The Luxury Car Rental industry is highly concentrated in the world, with the top three companies capturing a combined 74% share of the global market. The largest company in the industry, Enterprise, is privately held, while the next two largest companies, Hertz and Avis Budget, are publicly traded. Each of these three players has made acquisitions of other well-known rental car brandsEnterprise Rent-A-Car owns Alamo and National, and Hertz owns Dollar and Thrifty.
The Luxury Car Rental market is forecasted to worth approximately $22.5 billion globally in the end of 2022. The CAGR during 2016-2022 is expected to reach 14.5%.
Global Luxury Car Rental market size will reach 48900 million US$ by 2025, from 11400 million US$ in 2018, at a CAGR of 20.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Luxury Car Rental.
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This industry study presents the global Luxury Car Rental market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Luxury Car Rental production, revenue and market share by manufacturers, key regions and type;
The consumption of Luxury Car Rental in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Enterprise, Hertz, etc.
The following manufacturers are covered in this report:
eHi Car Services
Fox Rent A Car
Luxury Car Rental Breakdown Data by Type
Luxury Car Rental Breakdown Data by Application
Luxury Car Rental Production by Region
Luxury Car Rental Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
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