Car Rental in Singapore

Car Rental in Singapore

Summary

Car Rental in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The car rental market is defined as revenues generated by car rental companies for self-drive cars for hire. The market value is mainly made up of car rentals for business, leisure purposes and Insurance Replacement. Market volumes represent the size of the rental car fleet within the respective countries. Any currency conversions used in the creation of this report were calculated using constant 2018 annual average exchange rates.
  • The Singaporean car rental market had total revenues of $140.4m in 2018, representing a compound annual growth rate (CAGR) of 4.3% between 2014 and 2018.
  • Market consumption volume increased with a CAGR of 4.6% between 2014 and 2018, to reach a total fleet size of 7.8 thousand cars in 2018.
  • There has been action at the luxury end of the market as Carro, an automotive marketplace and car financing startup, seeks to attract high net worth individuals willing to pay $4,999 per month for access to a fleet of luxury cars.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Singapore
  • Leading company profiles reveal details of key car rental market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Singapore car rental market with five year forecasts by both value and volume
Reasons to buy
  • What was the size of the Singapore car rental market by value in 2018?
  • What will be the size of the Singapore car rental market in 2023?
  • What factors are affecting the strength of competition in the Singapore car rental market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore's car rental market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. Which players have been most successful in recent years?
8 Company Profiles
8.1. Avis Budget Group Inc
8.2. Sixt SE
8.3. Ace Drive Pte Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Singapore car rental market value: $ million, 2014-18
Table 2: Singapore car rental market volume: Fleet Size, 2014-18
Table 3: Singapore car rental market category segmentation: $ million, 2018
Table 4: Singapore car rental market geography segmentation: $ million, 2018
Table 5: Singapore car rental market distribution: % share, by value, 2018
Table 6: Singapore car rental market value forecast: $ million, 2018-23
Table 7: Singapore car rental market volume forecast: Fleet Size, 2018-23
Table 8: Avis Budget Group Inc: key facts
Table 9: Avis Budget Group Inc: Annual Financial Ratios
Table 10: Avis Budget Group Inc: Key Employees
Table 11: Avis Budget Group Inc: Key Employees Continued
Table 12: Sixt SE: key facts
Table 13: Sixt SE: Annual Financial Ratios
Table 14: Sixt SE: Key Employees
Table 15: Ace Drive Pte Ltd: key facts
Table 16: Ace Drive Pte Ltd: Key Employees
Table 17: Singapore size of population (million), 2014-18
Table 18: Singapore gdp (constant 2005 prices, $ billion), 2014-18
Table 19: Singapore gdp (current prices, $ billion), 2014-18
Table 20: Singapore inflation, 2014-18
Table 21: Singapore consumer price index (absolute), 2014-18
Table 22: Singapore exchange rate, 2014-18
List of Figures
Figure 1: Singapore car rental market value: $ million, 2014-18
Figure 2: Singapore car rental market volume: Fleet Size, 2014-18
Figure 3: Singapore car rental market category segmentation: % share, by value, 2018
Figure 4: Singapore car rental market geography segmentation: % share, by value, 2018
Figure 5: Singapore car rental market distribution: % share, by value, 2018
Figure 6: Singapore car rental market value forecast: $ million, 2018-23
Figure 7: Singapore car rental market volume forecast: Fleet Size, 2018-23
Figure 8: Forces driving competition in the car rental market in Singapore, 2018
Figure 9: Drivers of buyer power in the car rental market in Singapore, 2018
Figure 10: Drivers of supplier power in the car rental market in Singapore, 2018
Figure 11: Factors influencing the likelihood of new entrants in the car rental market in Singapore, 2018
Figure 12: Factors influencing the threat of substitutes in the car rental market in Singapore, 2018
Figure 13: Drivers of degree of rivalry in the car rental market in Singapore, 2018

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