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The Global Car Rental Industry 2016-2021: Trends, Forecast, and Opportunity Analysis, February 2016

The Global Car Rental Industry 2016-2021: Trends, Forecast, and Opportunity Analysis, February 2016

According to a new market report published by looks good with opportunities in the on-airport and off-airport market segment. The global carrental industry is forecast to grow at a CAGR of 5.6% from 2016 to 2021. The major drivers ofgrowth for this market are rising global tourism industry, increasing globalization of corporateoperations, and increasing income levels across the globe.

In this industry, car rental location (On-Airport and Off Airport), customer type, vehicle type, andmode of booking (Online and offline) are some of the major segments of car rental market. On thebasis of its comprehensive research, Lucintel forecasts that the location and mode of bookingsegments are expected to show above average growth during the forecast period.

Within the global car rental industry, On-Airport and Off-Airport segment is expected to remain asthe largest segment. Increase in air travel and domestic tourism is expected to increase thecustomers in airport locations, which would spur growth for this segment over the forecast period.

Asia Pacific is expected to remain the largest market due to rapid urbanization and increasedexpenditure on traveling by domestic tourists. North America and Rest of the World are expectedto witness significant growth over the forecast period because of improving economy, increasingdomestic as well international tourists, and high quality road infrastructure.

For market expansion, the report suggests development of new and value added service toenhance the performance of car rental services. The report further suggests the development ofpartnerships with customers to create win-win situations and development of low-cost solutionsfor customers.

Emerging trends, which have a direct impact on the dynamics of the industry, include enhanceduser experience through digitization, introduction of green vehicles in car fleet, enhancedtechnologies in car rental service, and concept of self-drive instead of hiring driver. Enterprise

Rent-A-Car, Hertz Global Holdings, Inc., Avis Budget Group Inc., Europcar Groupe S.A., and Sixt

AG are the major car rental service providers in the global car rental industry. Some companiesare opting for merger & acquisition as strategic initiatives for driving growth.car rental industry by location, customer, vehicle type, mode of booking, and region and hascome up with a comprehensive research report, “The Global Car Rental Industry 2016-2021:

Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a springboard forgrowth strategy, as it provides a comprehensive data and analysis on trends, key drivers, anddirections. The study includes the forecast for the global car rental industry through 2021,segmented by location, customer, vehicle type, mode of booking, and region as follows:

By location ($ billion from 2010 to 2021):

On-Airport

Off Airport

By customer ($ billion from 2010 to 2021):

Business

Leisure

Others

By vehicle type ($ billion from 2010 to 2021):

Luxury cars

Executive cars

Economy cars

SUV’s

MUV’s

By mode of booking ($ billion from 2010 to 2021):

Online

Offline

By region ($ billion from 2010 to 2021)

North America

Europe

Asia Pacific

Rest of the World

This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in thismarket. This report will save hundreds of hours of your own personal research time and willsignificantly benefit you in expanding your business in this market. In today’s stringent economy,you need every advantage that you can find.

Features of This Report:

To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinationalmaterials suppliers, product manufacturers, investors, executives, distributors, and many morethat operate in this market.

Some of the features of “The Global Car Rental Industry 2016-2021: Trends, Forecast, and

Opportunity Analysis” include:

Market size estimates: Global car rental industry size estimation in terms of value ($

Billion).

Trend and forecast analysis: Global car rental industry size trend (2010-2015) andforecast (2016-2021) by region and segments.

Segmentation analysis: Global car rental industry size by various vehicle types such asexecutive cars, luxury cars, economy cars, SUVs and MUVs in terms of value .

Regional analysis: Global car rental industry size breakdown by key regions such as

North America, Europe, Asia Pacific, and Rest of World.

Growth opportunities: Analysis on growth opportunities in different segments and regions.

Strategic analysis: This includes M&A, new service development, competitive landscape,and expansion strategies of global car rental industry players.

Emerging Trends: Emerging applications of global car rental industry in various markets.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model."


1. Executive Summary
2. The Car Rental Industry Background and Classifications
2.1: Introduction
2.1.1: Industry Classification
2.1.1.1: The Global Car Rental Industry on the Basis of Customer
2.1.2: Markets Served
2.1.3: Supply Chain
3. Industry Trends and Forecast Analysis
3.1: Industry Analysis 2015
3.1.1: The Global Car Rental Industry by Location
3.1.2: The Global Car Rental Industry by Customer
3.1.3: The Global Car Rental Industry by Vehicle Type
3.1.4: The Global Car Rental Industry by Mode of Booking
3.1.5: The Regional Car Rental Industry
3.1.6: Industry Trends 2010-2015
3.1.7: Macroeconomic Trends
3.1.8: The Global Car Rental Industry
3.1.9: The North American Car Rental Industry Trends
3.1.10: The Europe Car Rental Industry Trends
3.1.11: The APAC Car Rental Industry Trends
3.1.12: The ROW Car Rental Industry Trends
3.2: Industry Drivers and Challenges
3.3: Industry Forecast 2016–2021
3.4: Macroeconomic Forecasts
3.4.1: The Global Industry Forecast by Value
3.4.2: The North American Car Rental Industry Forecast
3.4.3: The European Car Rental Industry Forecast
3.4.4: The APAC Car Rental Industry Forecast
3.4.5: The ROW Car Rental Industry Forecast
4. Competitor’s Analysis
4.1: Services Portfolio Analysis
4.2: Industry Share Analysis
4.3: Growth Leadership Analysis
4.4: Porter’s Five Forces Analysis Model
5. Growth Opportunity & Strategic Analysis
5.1: Growth Opportunities for the Car Rental Industry by Region
5.2: Emerging Trends in the Global Car Rental Industry
5.3: Strategic Analysis
5.3.1: New Service Development
5.3.2: Expansion Plans
5.3.2.1: Geographical Expansion
5.4: Growth Strategies for Car Rental Suppliers
5.4.1: Opportunities for Car Rental across the Globe
5.5: Mergers and Acquisitions in the Global Car Rental Industry
6. Company Profiles of Leading Players
List of Figures
Chapter 2. The Car Rental Industry Background and Classifications
Figure 2.1: Model T Ford
Figure 2.2: Classification of the Global Car Rental Industry
Figure 2.3: Supply Chain-the Global Car Rental Industry
Chapter 3. Industry Trends and Forecast Analysis
Figure 3.1: The Global Car Rental Industry ($ Billion) Distribution by Location in 2015
Figure 3.2: The Global Car Rental Industry ($ Billion) by Location in 2015
Figure 3.3: The Global Car Rental Industry ($ Billion) Distribution by Customer in 2015
Figure 3.4: The Global Car Rental Industry ($ Billion) by Customer in 2015
Figure 3.5: The Global Car Rental Industry ($ Billion) Distribution by Vehicle Type in 2015
Figure 3.6: The Global Car Rental Industry ($ Billion) by Vehicle Type in 2015
Figure 3.7: The Global Car Rental Industry ($ Billion) Distribution by Mode of Booking in2015
Figure 3.8: The Global Car Rental Industry ($ Billion) by Mode of Booking in 2015
Figure 3.9: The Global Car Rental Industry ($ Billion) Distribution by Region in 2015
Figure 3.10: The Global GDP Growth Rate Trends
Figure 3.11: Contribution of the Global Travel and Tourism to the GDP Trends Growthrate
Figure 3.12: The Global International Inbound Tourists Growth Rate
Figure 3.13: Trends of Regional GDP Growth Rate
Figure 3.14: Contribution of Regional Travel and Tourism to the GDP Trends GrowthRate
Figure 3.15: Trends of the Global Car Rental Industry ($ Billion) from 2010 to 2015
Figure 3.16: Trends of the Global Car Rental industry ($ Billion) by Location from 2010 to2015
Figure 3.17: Growth of the Global Car Rental Industry ($ Billion) by Location from 2010 to2015
Figure 3.18: CAGR for the Global Car Rental Industry ($ Billion) by Location from 2010 to2015
Figure 3.19: The North American Inbound Tourists Growth Rate
Figure 3.20: Trends of the North American Car Rental Industry ($ Billion) from 2010 to2015
Figure 3.21: The European Inbound Tourists Growth Rate
Figure 3.22: Trends of the European Car Rental Industry ($ Billion) from 2010 to 2015
Figure 3.23: The APAC Inbound Tourists Growth Rate
Figure 3.24: Trends of the APAC Car Rental Industry ($ Billion) from 2010 to 2015
Figure 3.25: The ROW Inbound Tourists Growth Rate
Figure 3.26: Trends of the ROW Car Rental Industry ($ Billion) from 2010 to 2015
Figure 3.27: Drivers and Challenges of the Global Car Rental Industry
Figure 3.28: Forecast of the Global GDP Growth Rate
Figure 3.29: Contribution of the Global Travel and Tourism to the GDP Forecast GrowthRate
Figure 3.30: Forecast of Regional GDP Growth Rate
Figure 3.31: Contribution of Regional Travel and Tourism to the GDP Forecast GrowthRate
Figure 3.32: Forecast for the Global Car Rental Industry ($ Billion) from (2016 to 2021)
Figure 3.33: Forecast for the Global Car Rental Industry ($ Billion) by Location from 2016to 2021
Figure 3.34: Growth Forecast for the Global Car Rental Industry ($ Billion) by locationfrom 2016 to 2021
Figure 3.35: CAGR Forecast for the Global Car Rental Industry ($ Billion) by locationfrom 2016 to 2021
Figure 3.36: Forecast for the Global Car Rental Industry ($ Billion) Distribution byCustomer in 2021
Figure 3.37: Forecast for the Global Car Rental Industry ($ Billion) by Customer in 2021
Figure 3.38: Forecast for the Global Car Rental Industry ($ Billion) Distribution by VehicleType in 2021
Figure 3.39: Forecast for the Global Car Rental Industry ($ Billion) by Vehicle Type in2021
Figure 3.40: Forecast for the Global Car Rental Industry ($ Billion) Distribution by Modeof Booking in 2021
Figure 3.41: Forecast for the Global Car Rental Industry ($ Billion) by Mode of Booking in2021
Figure 3.42: Forecast for the North American Car Rental Industry ($ Billion) from 2016 to2021
Figure 3.43: Forecast for the European Car Rental Industry ($ Billion) from 2016 to 2021
Figure 3.44: Forecast for the APAC Car Rental ($ Billion) from 2016 to 2021
Figure 3.45: Forecast for the ROW Car Rental Industry ($ Billion) from 2016 to 2021
Chapter 4. Competitor’s Analysis
Figure 4.1: Industry Presence of Major Players of the Global Car Rental
Figure 4.2: Industry Share Analysis of the Global Car Rental Industry in 2015
Figure 4.3: Car Rental Concentration by Industry Value in 2015
Figure 4.4: Growth Leadership Matrix in the Global Car Rental Industry
Figure 4.5: Porter’s Five Forces Market Analysis Model for the Global Car Rental Industry
Chapter 5. Growth Opportunity & Strategic Analysis
Figure 5.1: Growth Opportunity in Car Rental Industry by Region
Figure 5.2: Emerging Trends in the Global Car Rental Industry
Figure 5.3: Major Capacity Expansion of the Global Car Rental Industry by Major Players
Figure 5.4: Growth Strategies for Car Rental Suppliers
Figure 5.5: Car Rental Opportunities across the Globe
List of Tables
Chapter 1. Executive Summary
Table 1.1: The Global Car Rental Industry Parameters and Attributes – ServicePerspective
Chapter 3. Industry Trends and Forecast Analysis
Table 3.1: Trends of the Global Car Rental Industry from 2010 to 2015
Table 3.2: Average Growth Rates for One, Three, and Five Years in the Global CarRental Industry
Table 3.3: Growth Rate and CAGR for the Global Car Rental Industry by Location
Table 3.4: Trends of the North American Car Rental Industry from 2010 to 2015
Table 3.5: Average Growth Rates for One, Three, and Five Years in the North AmericanCar Rental Industry
Table 3.6: Trends of the European Car Rental Industry from 2010 to 2015
Table 3.7: Average Growth Rates for One, Three, and Five Years in the European CarRental Industry
Table 3.8: Trends of the APAC Car Rental Industry from 2010 to 2015
Table 3.9: Average Growth Rates for One, Three, and Five Years in the APAC CarRental Industry
Table 3.10: Trends of the ROW Car Rental Industry from 2010 to 2015
Table 3.11: Average Growth Rates for One, Three, and Five Years in the ROW Car rentalIndustry
Table 3.12: Forecast for the Global Car Rental Industry from 2016 to 2021
Table 3.13: Average Growth Rates for One, Three, and Five Years in the Global CarRental Industry
Table 3.14: Growth Rate Forecast and CAGR for the Global Car Rental Industry byLocation
Table 3.15: Forecast for the North American Car Rental Industry from 2016 to 2021
Table 3.16: Average Growth Rates for One, Three, and Five Years in the North AmericanCar Rental Industry
Table 3.17: Forecast for the European Car Rental Industry from 2016 to 2021
Table 3.18: Average Growth Rates for One, Three, and Five Years in the European CarRental Industry
Table 3.19: Forecast for the APAC Car Rental Industry from 2016 to 2021
Table 3.20: Average Growth Rates for One, Three, and Five Years in the APAC CarRental Industry
Table 3.21: Forecast for the ROW Car Rental Industry from 2016 to 2021
Table 3.22: Average Growth Rates for One, Three, and Five Years in the ROW CarRental Industry
Chapter 4. Competitor’s Analysis
Table 4.1: The Global Industry Share of Car Rental Suppliers in 2015
Chapter 5. Growth Opportunity & Strategic Analysis
Table 5.1: New Services Introduced by the Global Car Rental Suppliers

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