Australia Car Rental Market Size, Share, Demand, Growth Opportunity, Industry Analysis, Regional Outlook, & Forecast 2017-2025 - Market Report

Market Overview

The Australia car rental market has been rapidly growing on the back of high tourist flows, growth of free independent travelers and huge opportunities in cab sharing services. Moreover, the growing importance of IT platforms, an increasing number of players in the car rentals and sharing industry, and the growth of inbound arrivals will majorly account for the growth of the Australia car rental market over the forecast period.

Australia Car Rental Market Segmentation

By Rental Type

• Chauffeur Drive
• Special Events
• Self-Driving
• Business Rental

By Services Type

• Interstate Services
• Intrastate Services
• Airport Transfers

By Vehicles

• Luxury Cars
• Executive Cars
• Economy Cars
• Sports Utility Vehicles
• Multi Utility Vehicles

By Mode of Booking

• Online Bookings

App-based car rental services

Telephonic car rental services

Web-Based Car Rental Services

• Offline Bookings

Trends, Drivers & Challenges to Market Growth

According to our Australia market study on the basis of extensive primary and secondary research, one major driver in the market is growing tourist flows into Australia, particularly from Asia, which are set to be the key factor of growth. Moreover, the Australian government has endorsed an aggressive tourism target as part of the Tourism 2020 strategy, which will further propel the growth of the car rental market in Australia. The car rental industry in Australia serves more than 400,000 international customers and purchases up to 40,000 new vehicles every year.

Further, the report states that one challenge in the car rental market is inconsistent and insufficient regulatory frameworks. The car rental industry abides by eight different state and territory regulatory and tax regimes. Of these authorities, only Tasmania has guidelines specifically designed for the rental car industry.

Key Players

Our Australia market report comprises of the following companies as the key players in the Australia car rental market.

•  Avis Australia Car Rentals
•  Hertz Investment (Holdings) Pty Limited
•  Europcar Asia Pacific
•  Tourism Holdings Ltd
•  Uber
•  GoCatch
•  Ingogo
•  GoGet
•  Flexicar
•  GreenShareCar

Covered in This Australia Car Rental Market Report

The report covers the present ground scenario and the future growth prospects of the car rental market for 2017-2025 along with the total revenue of car rental in every region. We calculated the market size and revenue share on the basis of revenue generated from the car rental services to individual customers and commercial users across Australia. The revenue forecast is given on the basis of the number of car rental service providers and the current growth rate of the market.

Australia Car Rental Market Outlook 2017-2025, has been prepared based on in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Australia market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Australia market report also recognizes value chain analysis to understand the cost differentiation to provide a competitive advantage to the existing and new entry players.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this market study

• What is the total market size by 2025 and what would be the expected growth rate of the market?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry-level players?
• What are the recent developments and business strategies of the key players?

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