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Automotive Rental Market, Global Outlook and Forecast 2023-2029

Automotive Rental Market, Global Outlook and Forecast 2023-2029

  • Published on : 11 June 2023
  • Pages :102
  • Report Code:SMR-7718826

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Report overview

Automotive Rental is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay. The key difference in a lease is that after the primary term (usually 2, 3 or 4 years) the vehicle has to either be returned to the leasing company or purchased for the residual value.
This report aims to provide a comprehensive presentation of the global market for Automotive Rental, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Rental. This report contains market size and forecasts of Automotive Rental in global, including the following market information:
Global Automotive Rental Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Automotive Rental market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Leisure Leasing Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Automotive Rental include Enterprise, Hertz, Avis Budget, ALD Automotive, Arval, Sixt, Europcar, Localiza and Unidas, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Rental companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Rental Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive Rental Market Segment Percentages, by Type, 2022 (%)
Leisure Leasing
Business Leasing
Global Automotive Rental Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive Rental Market Segment Percentages, by Application, 2022 (%)
Airport
Off-Airport
Global Automotive Rental Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive Rental Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Rental revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive Rental revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Enterprise
Hertz
Avis Budget
ALD Automotive
Arval
Sixt
Europcar
Localiza
Unidas
CAR Inc.
Shouqi Group
Goldcar
Movida
Fox Rent A Car
eHi Car Services
U-Save
Yestock Car Rental
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Rental, market overview.
Chapter 2: Global Automotive Rental market size in revenue.
Chapter 3: Detailed analysis of Automotive Rental company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Rental in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.