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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 brands—Enterprise 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 $22.5 billion globally in the end of 2022. The CAGR during 2016-2022 is expected to reach 14.5%.
The global Luxury Car Rental market was 11400 million US$ in 2018 and is expected to 48900 million US$ by the end of 2025, growing at a CAGR of 20.0% between 2019 and 2025.
This report studies the Luxury Car Rental Market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
The study objectives of this report are:
To study and analyze the global Luxury Car Rental market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Luxury Car Rental market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Luxury Car Rental manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Luxury Car Rental with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Luxury Car Rental submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
Enterprise
Hertz
Avis Budget
Sixt
Europcar
Localiza
CAR Inc.
Movida
Unidas
Goldcar
eHi Car Services
Fox Rent A Car
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Luxury Car Rental Market in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
Luxury Car Rental Market segment by Type, the product can be split into:
Business Rental
Leisure Rental
Luxury Car Rental Market segment by Application, the market can be split into:
Airport
Off-airport
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We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
Available Customizations
With the given market data, Researchers offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Luxury Car Rental Market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Major Points from TOC for Luxury Car Rental Market:
Chapter One: Industry Overview of Luxury Car Rental Market
Chapter Two: Global Luxury Car Rental Market Competition Analysis by Players
Chapter Three: Luxury Car Rental Market Company (Top Players) Profiles
Chapter Four: Global Luxury Car Rental Market Size by Type and Application (2014-2019)
Chapter Five: North America Luxury Car Rental Market Development Status and Outlook
Chapter Six: Europe Luxury Car Rental Market Development Status and Outlook
Chapter Seven: China Luxury Car Rental Market Development Status and Outlook
Chapter Eight: Rest of Asia Pacific Luxury Car Rental Market Development Status and Outlook
Chapter Nine: Central & South America Luxury Car Rental Market Development Status and Outlook
Chapter Ten: Middle East & Africa Luxury Car Rental Market Development Status and Outlook
Chapter Eleven: Luxury Car Rental Market Forecast by Regions, Type and Application (2019-2025)
Chapter Twelve: Luxury Car Rental Market Dynamics
Chapter Thirteen: Luxury Car Rental Market Effect Factors Analysis
Chapter Fourteen: Luxury Car Rental Market Research Finding/Conclusion
Chapter Fifteen: Luxury Car Rental Market Appendix
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