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Car Rental in the US - Industry Market Research Report

Car Rental in the US

Bolstered by a favorable economic climate, the Car Rental industry has performed well over the five years to 2018. Rising per capita disposable income, coupled with unemployment rates below 5.0%, have encouraged consumers to increase their level of spending on both car leases and discretionary travel expenses, including car rentals for leisure trips. Elevated traffic at domestic airports has further boosted industry revenue. The industry has continued to undergo consolidation during the period, largely dominated by three global brands. IBISWorld expects the industry to continue expanding over the five years to 2023. Industry demand is anticipated to rise alongside an increase in domestic air travel, supported by favorable expansions in the US economy.

Operators in the Car Rental industry rent or lease passenger cars to customers. Car rentals typically last a short time (30 days or fewer) while leasing agreements last longer (12 months or more). The industry excludes the rental or leasing of cars with drivers or trucks.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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