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Global Car Rental (Self Drive) Industry Almanac 2020: Market Size - Value and Volume 2015-2019 and Forecast to 2024

Research and Markets
·4-min read

Dublin, Dec. 18, 2020 (GLOBE NEWSWIRE) -- The "Car Rental (Self Drive) Global Industry Almanac 2015-2024" report has been added to ResearchAndMarkets.com's offering.

Global Car Rental industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2015-19, and forecast to 2024). 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. The calculation excludes leasing and long term rentals. Taxis/cabs or any other passenger vehicles driven by drivers are excluded from the calculation. Any currency conversions used in the creation of this report were calculated using constant 2019 annual average exchange rates.

  • Covid-19: Figures presented in this report are calculated applying the 'middle path' scenario - this is based on the current situation in countries where the epidemic burst first, like China as a model countries and the announcements made by governments, stating that the abnormal situation may last up to six months.

  • The assumption has been made that after this time the economy will gradually go back to the levels recorded before the pandemics by the end of the year. It is also assumed that there is no widespread economic crisis as seen back in 2008 due to announced pay-outs across countries.

  • At the moment of preparation of this report in August 2020 the economic implications of the lock downs of many economics are still very difficult to predict as there is no indication how long the pandemics could last.

  • The global car rental market had total revenues of $78.8bn in 2019, representing a compound annual growth rate (CAGR) of 4.1% between 2015 and 2019.

  • Market consumption volume increased with a CAGR of 3.6% between 2015 and 2019, to reach a total fleet size of 6.8tn in 2019.

  • Growth in this market was sustained primarily by growth in the US, which is by far the world's largest single-country market and also outpaces the whole of Europe and Asia-Pacific.

Reasons to Buy

  • What was the size of the global car rental market by value in 2019?

  • What will be the size of the global car rental market in 2024?

  • What factors are affecting the strength of competition in the global car rental market?

  • How has the market performed over the last five years?

  • What are the main segments that make up the global car rental market?

Key Topics Covered:

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. Competitive Landscape

2. Introduction
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions

3. Global Car Rental
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis

4. Macroeconomic Indicators
4.1. Country data

Companies Mentioned

  • Ada Sa

  • Unidas S.A.

  • Canadream Corp

  • Sunwing Travel Group Inc

  • Ace Rent A Car Inc

  • Ehi Car Services Limited

  • Carzonrent (India) Pvt Ltd

  • Zoomcar India Pvt Ltd

  • Pt Serasi Autoraya

  • Alamo Rent A Car Canada

  • Royal Rent A Car Sa De Cv

  • Kav Car Hire

  • Cabs Car Hire (Pty) Ltd

  • Aj Rent A Car Co Ltd

  • Europcar Sa

  • Sixt Se

  • A.F. Enterprises Ltd

  • Hertz Global Holdings Inc

  • Avis Budget Autovermietung Ag

  • Booking Holdings Inc

For more information about this report visit https://www.researchandmarkets.com/r/2d8t6j

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