The Global Car Rental Industry Trends, Forecasts and Opportunity Analysis 2014-2019 - Enterprise Rent-A-Car & Hertz Lead the $81 Billion Market
DUBLIN, Feb .18, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/bfzm5h/the_global_car) has announced the addition of the "The Global Car Rental Industry 2014-2019: Trends, Forecasts and Opportunity Analysis" report to their offering.
The global car rental industry is expected to reach an estimated value of $81.2 billion by 2019
The major drivers of the car rental industry are rising tourist movements, global economic growth, growth in business activities, and growth in the airline services. Rapid industrialization and globalization is also expected to fuel the demand of car rental services. Growing demand of rental cars in developing countries, such as China, Korea, Brazil, Indonesia, and India, is anticipated to boost the industry.
The on-airport segment is expected to grow at a greater pace than the off-airport segment due to ease of air connectivity to Tier-I and Tier-II cities in countries, such as China, India, Singapore, and Dubai. Enterprise Rent-A-Car, Hertz Global Holdings, Inc., and Avis Budget Group Inc. are some of the major providers of rental services in the car rental industry. The industry players are going for partnership and strategic alliances with airline companies and travel and tourism players to meet the constantly changing industry demands of customers.
The study also includes the global car rental industry forecasts through 2019, segmented by regions, locations, customers, and vehicles types as follows:
Global car rental industry by locations:
- On-Airport
- Off-Airport
Global car rental industry by types of customers:
- Business
- Leisure
- Others
Global car rental industry by vehicles types:
- Luxury Cars
- Executive Cars
- Economy Cars
- SUVs
- MUVs
Key Topics Covered:
1. Executive Summary
2. Car Rental Industry Background and Classifications
3. Industry Trend and Forecast Analysis
4. Competitor's Analysis
5. Growth Opportunity & Strategic Analysis
6. Company Profiles of Leading Players
For more information visit http://www.researchandmarkets.com/research/bfzm5h/the_global_car
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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