Uploaded on Mar 30, 2020
An increasing the number of tourists in various parts of the country and supporting government tourism policies are major growth factors of self drive car rental market.
Self-Drive Car Rental Market to be Worth US$86.589 billion by 2025
Self-Drive Car
Rental Market
Forecast From 2020 to
2025
DESCRIPTION
The global self-drive car rental market is expected to grow at a CAGR of 6.52% during the
forecast period, to reach US$86.589 billion in 2025 from US$59.280 billion in 2019. This
growth is attributed to the fact that increasing number of people prefer to rent any car like a
luxury car or a car they want to drive to travel to long distances like weekend vacations and
work trips. Self-drive rental cars are cars that are provided by different car rental companies to
people for a fixed or subsidized rate so they can enjoy a premium driving experience. Self-drive
cars are provided to customers for different time periods ranging from a day to some weeks
depending upon company packages. The cars that are provided can include economy cars such
as Honda, Hyundai, Kia etc. and luxury cars like Mercedes, BMW, Audi etc. As the disposable
income of people is rising, and people are getting busier they tend to look for weekend
vacations to get away from the work-life and tend to rent luxury and other cars for a premium
driving experience to the destination which is increasing the demand of self drive rental cars and
is expected to boost the market growth.
Key Questions Answered By The Report
What will be the Self-Drive Car Rental Market from 2020 to 2025?
How are the major drivers and restraints affecting the Self-Drive Car
Rental Market .
growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and
why?
A comprehensive analysis of competitive landscape and key market
participant’s behavior
Key strategies being adopted by vendors, with in-depth analysis
along with their impact on competition and market growth
Segments Covered Under Self-Drive Car Rental Market are :
By Vehicle Type
Economy Car
Luxury Car
By Mode of Booking
Online
Offline
Geography
North America
• United States
• Canada
• Mexico
• Others
South America
• Brazil
• Argentina
• Others
GEOGRAPHY
Europe
Germany
France
Italy
United Kingdom
Others
Middle East and Africa
Israel
Saudi Arabia
UAE
Others
Asia Pacific
Japan
China
India
Others
COMPANY PROFILES
•SIXT Rent a Car, LLC
•Alamo
•The Hertz Corporation
•National Car Rental
•Turo
•Avis Rent A Car System, LLC
•Zoomcar
•Revv
•Europcar
•DTG Operations, Inc.
•Fox Rent A Car
•Budget Rent A Car System, Inc.
•Advantage OPCO, LLC
•E-Z Rent A Car
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Self-Drive Car Rental Market – Forecasts from 2020 to 2025
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t
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