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2019-06-18
170
France
Market Overview
Mobility is currently a megatrend and car rental & leasing companies are strategic mobility solution providers. New business segments and participants have significantly driven recent variations in the market space, producing challenges but also new growth opportunities for existing operators. France car rental and leasing industry is currently majorly driven by the surge in digitization and connectivity, which have significantly transformed multiple industries in recent years from retailing stand-alone products to providing consumer-oriented full-service solutions. The French market is acknowledged by a substantial number of independent operators with a nationwide presence, comprising the Euronext listed companies ADA and Ucar and privately held Rent-a-Car. Numerous new entrants have entered the car reantal and leasing market in recent years, particularly in the van segment (e.g. most supermarket chains) and in car sharing (AutoLib etc) and ride sharing (BlaBlaCar). Further, France ridesharing industry membership is anticipated to upsurge at a compound annual growth rate of 11.2% from 2017 to 2025 as new business models will evolve with new companies and other mobility service providers entering the ridesharing segment.
Goldstein Research analyst forecast France car rental & leasing market is anticipated to grow at a CAGR of 3.9% over the forecast period as the development of car sharing solutions may essentially increase demand for traditional car rental as well.
By Rental Type
Based on the rental type self-driving services acquired the largest share of more than 35% share in France car rental and leasing market. On the other hand, self-driving segment is likely to be the fastest growing segment, which is expected to grow at a CAGR of 4.8% over the forecast period. Business car rental and leisure car rental are predicted to record a similar CAGR.
By Services Type
By Vehicles Type
By Mode of Booking
The report covers the present ground scenario and the future growth prospects of the France car rental & leasing market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in all major regions. France car rental & leasing market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.
France Car Rental & Leasing Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the France car rental & leasing market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “France Car Rental & Leasing Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.
Our France Car Rental & Leasing Market Report comprises of the following companies as the key players: ADA, Ucar, Blabla Car, Rent-a-Car, Car2Go, AutoLib, Drivenow, Sixt, Europcar, Hertz Corporation, Uber, Buzzcar, Easycar, Buchbinder and Avis Budget.
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 France car rental & leasing market report
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