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Global Car Rental Market Resea ze Anthony Miller Shirt , Share, Demand, Scope, Future Forecast
by Steve Blade · January 8, 2019


According to Goldstein Research, Global car rental market is expected to reach USD8.51 billion by the end of 2024, growing at a CAGR of 5.7% over the forecast period, 2016-2024. The growth in travel and tourism industry, internet penetration and government policies in favor of foreigners driving the vehicles Jordan Howard Shirt , are the major factors driving the growth of car rental market. Global Car rental industry segmentation has been done on the basis of rental type, services, vehicles, mode of booking and geography. Online booking segment had taken over the car rental market share with 70% in 2016. Offline mode of booking is expected to decline by 15% over the forecast period. The Car rental sector is dominated by North America with 40% revenue share in 2016. Asia-Pacific region observes the growing travel and tourism sector, thus accounts for high opportunities for growth of car rental services.

Market Segmentation

On the basis of our in-depth analysis, Global Car Rental Market can be segmented as follows:

By Rental Type Interstate Services Intrastate Services Airport Transfers By Services Type Chauffeur Drive Special Events Self-Driving Car Pool Taxi Services By Vehicles Luxury Cars Executive Cars Economy Cars Sports Utility Vehicles Multi Utility Vehicles By Mode of Booking Online Bookings App-based car rental services Telephonic car rental services Web-Based Car Rental Services Offline Bookings On the basis of region North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)} Europe (UK Mitchell Trubisky Shirt , France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion) Roquan Smith Shirt , Adoption Rate (%)} Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} Asia Pacific (China, Japan Khalil Mack Shirt , India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate


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