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Lucintel Forecasts Airport Car Rental Market To Reach $63.4 Billion By 2027
According to the recent study the airport car rental market is projected to reach an estimated $63.4 billion by 2027 from $4.5 billion in 2021, at a CAGR of 6.1% from 2021 to 2027. Growth in this market is primarily driven by increasing in air travel, rising increased volume of domestic and inbound tourists, and rising level of disposable income.
Browse 127 figures / charts and 97 tables in this 200 -page report to understand trends, opportunities and forecast in airport car rental market by customer (business, leisure and other), by vehicle (luxury car, executive car, economy car, SUV’s, and MUV’s), by booking (on-line and off-line), by transmission (manual and automatic), and by region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking on below link
https://www.lucintel.com/airport-car-rental-market.aspx
“Leisure customer market is expected to remain the largest segment during the forecast period.”
Based on customer type, the airport car rental market is segmented into business, leisure and other. Lucintel forecasts that the leisure ...
... customer market is expected to remain the largest segment due to the rise in air travel and increasing domestic tourism.
“North America will dominate the airport car rental market in near future.”
North America is expected to remain the largest region mainly due to an increase in the volume of inbound and outbound tourists and expansion in the distribution network in suburban or under served areas. Asia Pacific is expected to witness the highest growth over the forecast period due to the increasing air passenger traffic, rising disposable income, and construction of new airports. The market is moving towards consolidation as big players are acquiring small players to increase their market share.
Download Brochure of this report by clicking on https://www.lucintel.com/airport-car-rental-market.aspx
Major players of airport car rental market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Enterprise Rent-A-Car, Hertz Group, Avis Budget Group Inc., Europcar Mobility Group, Sixt SE, Localiza Rent a Car, Ichinen Holdings, Redcap Tour, and Empresas Tattersall are among the major airport car rental providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/airport-car-rental-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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