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Car Rental Market Is Expected To Reach $118.4 Billion By 2028- An Exclusive Market Research Report By Lucintel
Lucintel's latest market report analyzed that car rental provides attractive opportunities business and leisure travel segments. The car rental market is expected to reach $118.4 billion by 2028 with a CAGR of 8.3%. In this market, leisure customer is the largest segment by customer type. Enhanced user experience through digitization, additional green vehicles in the fleets of rental car companies, and the concept of self-driving instead of hiring a driver provides strategic growth path in this market.
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Based on customer type, the car rental market is segmented into business, leisure and other. The safety and security segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to the rise in air travel and increasing domestic tourism.
Browse in-depth TOC on “Car Rental Market”
73 – Tables
93 – Figures
200 – Pages
The Car Rental Market is marked by the presence of several big and small players. Some ...
... of the prominent players offering car rental include 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.
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https://www.lucintel.com/car-rental-industry.aspx
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 +1-732-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 732.636.5056
Cell: 303.775.0751
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