Worldwide Car Rental Industry to 2026 – Featuring Ace Rent, Dollar Car Rental and ZoomCar Among Others – GlobeNewswire

| Source: Research and Markets Research and Markets
Dublin, Feb. 24, 2022 (GLOBE NEWSWIRE) — The “Global Car Rental Market (2021-2026) by Car Type, Application, Rental Category. Mode of Booking, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to’s offering.

The Global Car Rental Market is estimated to be USD 86.21 Bn in 2021 and is expected to reach USD 146.58 Bn by 2026, growing at a CAGR of 11.2%.

Market Dynamics
The market is driven by the travel and tourism industry growth, increasing incorporation of advanced digital technologies in car rental services, and growing interest in self-driving vehicles. In addition, value-for-money car rental services and advances in rental processes are expected to lead to sizable demand in the market. The market may face possible challenges in the growth due to fluctuating crude oil prices impacts rental rates. Some factors, such as the lack of service providers in remote areas, may affect the market growth.

The future of the global car rental industry looks promising, with opportunities in the business and leisure travel industry. The market may expect to display the opportunities such as ongoing demand attributed to online car rental services and surge in penetration of smartphones coupled with the introduction of mobile apps from market players.

Company Profiles
Some of the companies covered in this report are Ride-on Rentals, Zoom Car, Volkswagen, Urban Glider, Rental, TOYOTA Rent a Car, etc.

Countries Studied
Competitive Quadrant
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Key Topics Covered:

1 Report Description

2 Research Methodology
3 Executive Summary
4 Market Influencers
4.1 Drivers
4.1.1 Growth in the Leisure And Corporate Travellers
4.1.2 Growing Trends of Ride Sharing, Micro-Mobility and Peer-To-Peer Car Sharing Services
4.1.3 Rising Availability of High-End Luxury and Economy Vehicles in Developing Regions
4.2 Restraints
4.2.1 Growth in Low-Cost Public Transportation
4.2.2 Lack of Service Providers In Remote Areas
4.3 Opportunities
4.3.1 Ongoing Demand Attributed to Online Car Rental Services
4.3.2 Surge In Penetration of Smartphones with increasing Mobile Apps from Market Player
4.4 Challenges
4.4.1 Fluctuating Crude Oil Prices Impacts Rental Rates

5 Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis

6 Global Car Rental Market, By Car Type
6.1 Introduction
6.2 Economy Cars
6.3 Luxury Cars

7 Global Car Rental Market, By Application
7.1 Introduction
7.2 Leisure/Tourism
7.3 Business

8 Global Car Rental Market, By Rental Category
8.1 Introduction
8.2 Short Term
8.3 Long Term

9 Global Car Rental Market, By Mode of Booking
9.1 Introduction
9.2 Offline
9.3 Online

10 Global Car Rental Market, By End User
10.1 Introduction
10.2 Self-Driven
10.3 Chauffeur-Driven

11 Global Car Rental Market, By Geography

12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements

13 Company Profiles
13.1 Ace Rent
13.2 AI-Futtaim Vehicles Rentals Company
13.3 Alamo Rent A Car
13.4 ANI Technologies
13.5 Avis Budget Group
13.6 Bandago Van Rental
13.7 Budget Car Rental
13.8 Capps Truck & Van Rental
13.9 CAR
13.10 Carzonrent
13.11 Dollar Car Rental
13.12 Eco Rent A Car
13.13 Enterprise Rent-A-Car
13.14 Essen Renting
13.15 Europcar Mobility
13.16 Fox Rent A Car
13.17 GlobalCarRental
13.18 Localiza
13.19 Lotte Rental
13.20 Rental
13.21 Ride on Rentals
13.22 Sixt
13.23 The Hertz Corporation
13.24 TOYOTA Rent A Car
13.25 Uber Technologies
13.26 UrbanGlider
13.27 Volkswagen
13.28 ZoomCar

14 Appendix
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