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Car Rental in the US - Industry Market Research Report

Publisher IBISWorld
Published Feb 22, 2025
Length 43 Pages
SKU # IBSS19911373

Description

Car Rental in the US

Car rental services fluctuated throughout the period. Stay-at-home orders during the pandemic prevented traveling, which decimated the market for car rentals. As mass vaccinations spread, the restrictions began to lift, leading to an influx of traveling for leisure and business purposes. Revenue grew at a CAGR of 7.5% to $75.5 billion over the past five years, including a 5.9% increase in 2023 alone. Average profit has also increased from the lows suffered in 2020.

Operators 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). This 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

43 Pages


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

Pricing

Currency Rates
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