Seattle, WA -- (SBWIRE) -- 10/07/2019 -- A recent market study announced "Luxury Car Rental Market: Global Industry Analysis and Forecast 2019 – 2026 | is expected to grow at a CAGR of roughly 20.0% " consists of a comprehensive assessment of the most important market dynamics. By conducting a thorough research on the historical as well as current growth parameters of the Luxury Car Rental market, the growth prospects of the market are obtained with maximum precision.
The worldwide market for Luxury Car Rental is expected to grow at a CAGR of roughly 20.0% over the next five years, will reach 34000 million US$ in 2024, from 11400 million US$ in 2019. 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.
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Prominent industry players:
Enterprise
Hertz
Avis Budget
Sixt
Europcar
Localiza
CAR Inc.
Movida
Unidas
Goldcar
eHi Car Services
Fox Rent A Car
Scope of the Report:
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 brands—Enterprise Rent-A-Car owns Alamo and National, and Hertz owns Dollar and Thrifty.
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%.
Market Segment by Type, covers
Business Rental
Leisure Rental
Market Segment by Applications, can be divided into
Airport
Off-airport
Market Segment by Regions, regional analysis covers:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
- Asia Pacific (China, Japan, India, Southeast Asia and Australia)
- Latin America (Brazil, Argentina and Colombia)
- Middle East and Africa
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Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players. In the end the Luxury Car Rental Market report presents all the necessary data required to form resulting yielding business strategies for Industry experts, analysts and business decision makers to decide their business strategies and achieve proposed business aims. Finally, Luxury Car Rental market manufacturer report gives you details about the market research findings and conclusion which helps you to develop profitable market strategies to gain competitive advantage. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.
*The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.
*Report helps the venture capitalist in understanding the companies better and take informed decisions.
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Luxury Car Rental product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Luxury Car Rental, with price, sales, revenue and global market share of Luxury Car Rental in 2017 and 2018.
Chapter 3, the Luxury Car Rental competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Luxury Car Rental breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Luxury Car Rental market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Luxury Car Rental sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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