Researchmoz added Most up-to-date research on “Global Luxury Car Rental Market Insights, Forecast to 2025” to its huge collection of research reports.
Luxury car rental is the use of a luxury car for a fixed period time at an assessed amount of money. Today, car rental is very popular as it provides mobility solutions for both business and leisure travelers. Users can easily arrange a car rental in website or mobile phone.
The Luxury Car Rental market was worth approximately $10 billion globally in 2016. Geographically, North America is the giant player who represents nearly 50% of the global market, followed by Europe, which representing approximately 29% market shares.
The Luxury Car Rental industry is highly concentrated in the world, with the top three companies capturing a combined 74% share of the global market. The largest company in the industry, Enterprise, is privately held, while the next two largest companies, Hertz and Avis Budget, are publicly traded. Each of these three players has made acquisitions of other well-known rental car brandsEnterprise Rent-A-Car owns Alamo and National, and Hertz owns Dollar and Thrifty.
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The Luxury Car Rental market is forecasted to worth approximately $22.5 billion globally in the end of 2022. The CAGR during 2016-2022 is expected to reach 14.5%.
Global Luxury Car Rental market size will reach 48900 million US$ by 2025, from 11400 million US$ in 2018, at a CAGR of 20.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Luxury Car Rental.
This industry study presents the global Luxury Car Rental market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Luxury Car Rental production, revenue and market share by manufacturers, key regions and type;
The consumption of Luxury Car Rental in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Enterprise, Hertz, etc.
The following manufacturers are covered in this report:
eHi Car Services
Fox Rent A Car
Luxury Car Rental Breakdown Data by Type
Luxury Car Rental Breakdown Data by Application
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Luxury Car Rental Production by Region
The study objectives are:
To analyze and research the global Luxury Car Rental status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Luxury Car Rental manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Luxury Car Rental :
History Year: 2014 – 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 – 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Luxury Car Rental market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Luxury Car Rental Manufacturers
Luxury Car Rental Distributors/Traders/Wholesalers
Luxury Car Rental Subcomponent Manufacturers
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