Global Automotive Rental & Leasing Market Forecast Report 2024-2030: Prevalence of Online Market Presence for Automotive Lease and Rentals Driving Growth - ResearchAndMarkets.com
The "Global Automotive Rental & Leasing Market by Lease Type, Mode, End-User and Region - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The "Global Automotive Rental & Leasing Market by Lease Type, Mode, End-User and Region - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The Automotive Rental & Leasing Market size was estimated at USD 246.79 billion in 2023, USD 267.63 billion in 2024, and is expected to grow at a CAGR of 8.53% to reach USD 437.91 billion by 2030.
The FPNV Positioning Matrix is pivotal in evaluating the Automotive Rental & Leasing Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements.
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive Rental & Leasing Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share.
Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
The report addresses key questions such as
- What is the market size and forecast of the Automotive Rental & Leasing Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive Rental & Leasing Market?
- What are the technology trends and regulatory frameworks in the Automotive Rental & Leasing Market?
- What is the market share of the leading vendors in the Automotive Rental & Leasing Market?
- Which modes and strategic moves are suitable for entering the Automotive Rental & Leasing Market?
Key Attributes:
Report Attribute | Details |
No. of Pages | 188 |
Forecast Period | 2024 - 2030 |
Estimated Market Value (USD) in 2024 | $267.63 Billion |
Forecasted Market Value (USD) by 2030 | $437.91 Billion |
Compound Annual Growth Rate | 8.5% |
Regions Covered | Global |
Market Dynamics
Drivers
- Growing Tourism and Rising Disposable Income Among Middle Class
- Prevalence of Online Market Presence for Automotive Lease and Rentals
- Rapid Infrastructure and Globalization in Cities With Low Cost and Reduced Maintenance of Rental Cars
Restraints
- Lack of Emission Standard Testing
Opportunities
- Market Penetration of Big Data in Automotive Leasing and Rentals
- Adoption of Blockchain Technology and IoT for Leasing Companies
Challenges
- Rising Alternatives Such as On-Demand Taxi Services
Porter's Five Forces Analysis
Key Company Profiles
- Advantage Rent A Car
- ALD Automotive
- Arval Service Lease
- Athlon Holding N.V.
- Auto Europe
- Avis Budget Group
- Budget Group, Inc
- CarTrawler
- Deutsche Leasing AG
- Easy Cab
- Economy Car Hire
- Enterprise Holdings Inc.
- Europcar Mobility Group SA
- Hertz Global Holdings Inc.
- LeasePlan Corporation NV
- Ola cabs
- Sixt SE
- Sumitomo Group
- Uber
- Zoomcar Inc.
Market Segmentation & Coverage
This research report categorizes the Automotive Rental & Leasing Market to forecast the revenues and analyze trends in each of the following sub-markets:
Type
Leasing
-
Passenger Car Leasing
- Economy & Compact Cars
- Luxury Vehicles
- Mid-size & Full-size Sedans
- SUVs & Crossovers
- Recreational Vehicle Leasing
- Truck & Van Leasing
Rental
-
Passenger Car Rental
- Economy & Compact Cars
- Luxury Vehicles
- Mid-size & Full-size Sedans
- SUVs & Crossovers
- Recreational Vehicle Rental
- Truck & Van Rental
Lease Type
- Close
- Open
Mode
- Offline
- Online
End-User
- Corporate
- Individual
Region
Americas
- Argentina
- Brazil
- Canada
- Mexico
-
United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
For more information about this report visit https://www.researchandmarkets.com/r/jadd6u
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