Global Car Rental (Self Drive) Market to 2022 - Market overview and insights for the car rental market to 2022

Global Car Rental (Self Drive) Market to 2022 - Market overview and insights for the car rental market to 2022

Summary

GlobalData’s car rental market report provides in-depth analysis of the key market trends that are shaping the future of the car rental market globally. Detailed market insight is provided at a regional level and company profiles for the leading players are also provided.

GlobalData’s car rental market report provides in-depth analysis of the key market trends that are shaping the future of the car rental market globally. Detailed market insight is provided at a regional level and company profiles for the leading players are also provided.

Key Highlights

- Globally, the leisure and business segments are forecast to grow at the fastest rates, with a CAGR of 6.2% each for the period 2017-2022.
- Non-airport rentals will grow more quickly than airport rentals between 2017 and 2022 (CAGR of 6.7% vs. 5.7%).
- Increased flexibility of rental terms will take on
- great importance as consumers look to car rental as an option for hours rather than days. The success of Zipcar and Enterprise CarShare can be attributed, at least in some part, to this demand.
- Regional markets hold great potential with rising
- demand from tier I and II cities in China. Car rental players can tap the increasingly prominent regional market by making sure they have a sizeable and flexible presence in these cities.

Scope

- GlobalData’s car rental market report provides in-depth analysis of the key market trends that are shaping the future of the car rental market globally. Detailed market insight is provided at a regional level and company profiles for the leading players are also provided.

Reasons to buy

- Gauge which are the biggest and most promising regional markets for the car rental market
- Understand the demand-side dynamics within the industry to identify key trends and growth opportunities
- Outlook on the most promising regional markets by learning from existing successes and our recommendations.