Global Car Rentals Market research reports meets with users expectations by covering all industrial parameters like Key Manufacturers, Top Regions, Developments, Technology, R&D, Trends, Revenue and Future industrial growth.
Dallas, United States - August 12, 2019 /MarketersMedia/ —
Description
Daily headlines tout digital disruption, the ability of new technology to impact many businesses, accelerating development cycles, increasing efficiency and providing more service opportunities. The traditional rental car market is entering a new era. The tried-and-true business models developed in the past 100 years are under siege. New technology and the growing sharing economy have enabled suppliers to build up new business and distribution models.
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The change can impact a vendor in many ways. Traditionally, vendors have competed in areas like type of vehicle and price. They have offered high cost, luxury rentals, which appealed to individuals with the disposable income to afford them.
Market changes have presented suppliers with new challenges. The traditional boundaries are blurring, and suppliers must determine their business focuses. The success of Uber illustrates the potential impact on car renters today. Traditional auto renters must figure out their value-add and role in this rapidly changing marketplace. Information technology has also been in a period of profound change. Cloud computing is becoming the new data center, with central resources no longer always located on the customer’s site, but instead located in the company’s data center. Mobility makes it easier for customers to book reservations. A rental market with high demands and significant competitive
pressures is rapidly emerging. Not all will prove viable. Success is not guaranteed.
An ever-increasing number of companies—both startups and established enterprises—are focusing on the subject of mobility and often with it they pair electric vehicles. The market is emerging, evolving, and fraught with challenges, such as charging these vehicles. New, innovative approaches and new concepts are developing. Each of these ideas need a testing ground to be tried, improved and developed for everyday use. Meanwhile, car renters need to maintain their existing business—and its revenue streams. Consequently, they are moving in many directions, some of which seem contradictory. What the market looks like in a decade will be significantly different from how it appears today.
Report Scope:
Car rental includes four main categories: compact, executives, SUV and hybrid/electric. Compact cars are small, low cost vehicles that carry a small number of passengers. Executive models are plusher and carry more individuals. Individuals offer renters a mix of comfort and size. Hybrid/electric vehicles do not run solely on gasoline.
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Report Includes:
- 15 data tables and 42 additional tables
- An industry analysis of the global car rental market
- Analyses of global market trends, with data from 2017, 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Information on how new technology will create additional revenue and new product categories or bring new life to existing products
- Characterization and quantification of the market potential for global car rental market by vehicle types, major geographies, end users and technology types
- A relevant patent analysis
- Profiles of major players in the industry including, Easy Taxi, Nissan Car Solutions Co. Ltd., Ola Cabs, Taxify OU and Uber Technologies Inc.
Report Scope:
Car rental includes four main categories: compact, executives, SUV and hybrid/electric. Compact cars are small, low cost vehicles that carry a small number of passengers. Executive models are plusher and carry more individuals. Individuals offer renters a mix of comfort and size. Hybrid/electric vehicles do not run solely on gasoline.
This report examines the technologies, markets and factors influencing the markets for car rental systems. Markets are forecast based on historical activity and current opportunities, technical advances and challenges, and various geographic subsets of the market: North America, Europe, Asia-Pacific and South America.
Report Includes:
- 15 data tables and 42 additional tables
- An industry analysis of the global car rental market
- Analyses of global market trends, with data from 2017, 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Information on how new technology will create additional revenue and new product categories or bring new life to existing products
- Characterization and quantification of the market potential for global car rental market by vehicle types, major geographies, end users and technology types
- A relevant patent analysis
- Profiles of major players in the industry including, Easy Taxi, Nissan Car Solutions Co. Ltd., Ola Cabs, Taxify OU and Uber Technologies Inc.
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Companies Mentioned:
ACE RENT A CAR
ADVANTAGE OPCO LLC
AFFILIATED CAR RENTAL L.C
AJ RENT A CAR CO. LTD.
AL-FUTTAIM GROUP
ANTAEUS RENT A CAR PVT. LTD.
AUTO EUROPE LLC
AVIS BUDGET GROUP
BABA CAR RENTAL
BEJING NORTH STAR CAR RENTAL CO.
BLABLA CAR
BLANCRIDE
BLUE BIRD GROUP
BLUE SOLUTIONS SA
CABIFY
CAR RENTAL DELHI INC.
CAR2GO
CARZONRENT INDIA
CHINA AUTO RENTAL INC.
DIDI CHUXING
DRIVEZY
E-Z RENT-A-CAR LLC
EASIRENT LTD.
EASY TAXI
ECO CAR HIRE AND VAN RENTAL CO.
EHI CAR SERVICES LTD.
ENTERPRISE RENT A CAR
EUROPCAR AMAG SERVICES AG
EXPRESS TRANSINDO UTAMA
FASTEN INC.
FORMULA GROUP
FOX RENT A CAR INC.
GETAROUND INC.
GLOBAL TRAVELS
GO-JEK
GRAB TAXI HOLDINGS PTE. LTD.
GREEN MOTION INTERNATIONAL CAR RENTAL
HAXI
HERTZ GLOBAL HOLDING INC.
HIMALYIAN CAR RENTAL INC.
IMPERIAL PREMIUM RENT A CAR
JR HOKKAIDO RENTAL CO.
JUCY RENTALS
KEMWEL
LOCALIZA RENT A CAR S/A
LOCAUTO RENT S.P.A.
LOTTE RENTAL CO. LTD.
LYFT
MAVEN
MITRA PINASTIKA MUSTIAK RENT CORP.
MOIA GMHB
MYLES CARS LTD.
NIPPON RENT-A-CAR
NISSAN CAR RENTAL SOLUTIONS CO. LTD.
OLA CABS
ORIX RENT A CAR
PT SERASI AUTORAYA
PT TUNAS RIDEAN TDK
REACHNOW
REDSPOT CAR RENTAL
RENT A WRECK
RICA CONVENIENCE CAR RENTAL
SAVAARI CAR RENTALS PVT. LTD.
SHOUQI CAR RENTAL
SIXT SE
SKY RENT A CAR
SMAS AUTO LEASING INDIA PVT. LTD.
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Source URL: https://marketersmedia.com/global-car-rentals-market-2019-industry-size-analysis-growth-opportunity-and-forecast-report-2023/88906814
Source: MarketersMedia
Release ID: 88906814
