Car Rental Market Is Poised to Touch More Than US$ 187.5 Billion by 2027
Total Page:16
File Type:pdf, Size:1020Kb
Sep 03, 2020 02:44 EDT Car Rental Market is Poised to Touch More Than US$ 187.5 Billion by 2027 According to the study carried out by Acumen Research & Consulting, The global Car Rental Market size is projected to hit around US$ 187.5 Bn by 2027 and growing at a CAGR of 13.7% from 2020 to 2027. The report provides an analysis of Car Rental Market for the period 2016 to 2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year. The Car Rental Market is highly competitive, due to a large degree of fragmentation in the market. The market is largely connected to the regulatory requirements for establishing and operating, despite the fragmentation. The utility segment is driven primarily by increasing global financial incentives and regulatory support. Currently used, the COVID-19 pandemic mainly affects the use of Car Rental Market. Many business operations in China, the US, Germany and South Korea are delayed. In view of the supply chain limitations and lack of site access due to COVID-19 epidemic companies are experiencing short-term operating difficulties. The distribution of COVID-19 due to the pandemic impact in China, Japan and India is expected to be strongly influenced by Asia-Pacific. Download FREE SAMPLE PDF (Including Full TOC, Table & Figures)@ https://www.acumenresearchandconsulting.com/request- sample/1579 The report allows users to learn about the market, its concept, segmentation, impact trends, business opportunities and market challenges. Deeper study and analysis allow consumers to get a better view of the market. The details and facts in the report are presented in graphs, tables, diagrams and other pictures. This improves comprehension and provides a clear understanding of the situation. On the basis of geographical boundaries, the market is classified into: North America (US and Canada), Europe (UK, Germany, France, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East and Africa (Saudi Arabia, UAE, and Rest of Middle East & Africa). Market Segmentation Market by Booking Type • Online Access • Offline Access Market by Vehicle Type • Economy/Budget Cars • Luxury/Premium Car. Market by Application • Leisure/Tourism • Business Global Car Rental Market: Competitive Landscape Many major market manufacturers are listed in this section of the report. This helps readers to understand the strategies and collaborations that players focus on the market’s struggle against the competition. The full report offers a major microscopic overview of the market. During the projected period 2020-2027 the consumer will define the footprints of manufacturers by the awareness of the manufacturer’s global revenues, and their manufacturer’s profits. The players profiled in the report includeAvis Budget Group Inc., Eco Rent a Car, Enterprise Holdings Inc., Europcar Group, Car2go, Hertz Corp., Sixt, Movida, Ace Rent-a-car, Global Cars, Localiza–Rent-a-car SA, Advantage Rent-a-car, National Car Rental, Locamerica, and others. Key Questions Answered in the Report The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include- - What is the overall structure of the market? - What was the historical value and what is the forecasted value of the market? - What are the key product level trends in the market? - What are the market level trends in the market? - Which of the market players are leading and what are their key differential strategies to retain their stronghold? - Which are the most lucrative regions in the market space? Customized Requirements? Inquiry Before Buying? Please Email us at [email protected] | Single User License US$ 4500 The Final Report will cover the impact analysis of COVID-19, Download Full Study Report (Single User License US$ 4500)@ https://www.acumenresearchandconsulting.com/buy-now/0/1579 Contact Us: Phone: +14079154157 | +14089009135 Website: https://www.acumenresearchandconsulting.com Follow Us: LinkedIN | Twitter Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise..