MarkNtel Advisors has recently published a research report that delves into the Global Car Rental Market Research Report: Forecast (2025-2030). This report aims to improve user comprehension and facilitate informed decision-making by thoroughly examining significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. Utilizing both qualitative and quantitative data, the report provides a comprehensive overview, offering detailed growth prospects and succinct insights into competitors to familiarize both established businesses and newcomers with the current market scenario.
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Car Rental Market Insight and Analysis:
The Global Car Rental Market size is valued at around USD 108 Billion in 2024 and is projected to reach around USD 256 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 18.84% during the forecast period i.e., 2025-30.
Car Rental Market Driver:
Expansion of Global Tourism to Augment the Market Growth – Tourism is a rapidly growing industry, especially in countries like China, the UAE, France, etc., and this has been a major driver for the Car Rental market across the globe. According to World Travel and Tourism Council, the growth rate of the global travel & tourism sector outpaced the growth of the global economy for nine consecutive years prior to the COVID-19 pandemic. During the pandemic, the industry witnessed a downfall of 50.4%, and later on, it recovered by 21.7% in 2021. As more individuals travel globally, they seek convenient means of transportation, owing to which they opt for these services.
Car Rental Industry Segmentation Insights:
-By Booking Mode
-Offline
-Online
-By Application
-Leisure
-Business
-By Vehicle Type
-Luxury
-Economy Cars
-Executive Cars
-Sports Utility Vehicles (SUVs)
-Multi Utility Vehicles (MUVs)
-By Rental Category
-Local
-Airport
-Outstation
-By Driver Type
-Self-Driving
-Chauffeur
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-By Rental Duration
-Short Term
-Long Term
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacifi
Top Companies in Global Car Rental Market : 2025-2030
A thorough examination of the competitive landscape of the market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company’s profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market players, including Avis Budget Group Inc., Sixt SE, Enterprise Holdings (Alamo), Hertz Corp., Europcar, Localiza, Carzonrent India Pvt. Ltd. (CIPL), ZoomCar, Inc., Dollar Rent a Car, Green Motion, Buchbinder, etc
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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