Germany Car Rental & Leasing Market: Emerging Trends, Industry Potential, Growth Factors, Opportunity Assessment, Overview, & Upcoming Trends Analysis, With Forecast 2017-2025

Germany Car Rental & Leasing Market 2017-2025

Market Overview

Germany car rental and leasing industry are 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. Germans, once a homeland of passionate automobile enthusiasts, are not buying cars as much as they used to. Instead, they're sharing them. Germany has become the world's largest operator of one-way car sharing plans, where individuals can find a vehicle using their smartphone, drive it across town and leave it there without having to return it to a central base or station. Further, German ridesharing industry membership is anticipated to upsurge at a compound annual growth rate of 14.9% from 2017 to 2025 as new business models will evolve with new companies and other mobility service providers entering the ridesharing segment. Car share and rental industry are also predicted to grow at a significant pace as more companies offer services to reduce traffic congestion.

Goldstein Research analyst forecast Germany car rental & leasing market is anticipated to grow at a CAGR of 3.5% over the forecast period as investments by the new and existing market players in the region is expected to upsurge in coming years to cater the huge demand for rented transportation in the region.

Germany Car Rental & Leasing Market Segmentation

By Rental Type

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

Based on the rental type self-driving services acquired the largest share of more than 38% share in Germany car rental and leasing market. On the other hand, the self-driving car market 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

• Interstate Services
• Intrastate Services
• Airport Transfers

By Vehicles Type

• 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

Covered In This Germany Car Rental & Leasing Market Report

The report covers the present ground scenario and the future growth prospects of the car rental & leasing 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. Germany car rental & leasing market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

Germany 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 Germany 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. “Germany Car Rental & Leasing Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.

Our Germany Car Rental & Leasing Market Report comprises of the following companies as the key players: Car2Go, Drivenow, Sixt, Europcar, Hertz Corporation, Uber, Buzzcar, Easycar, Mytaxi, 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 Germany car rental & leasing market report

• 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 strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for car rental & leasing market
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• Position yourself to gain the maximum advantage of the car rental & leasing market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy, and prospects.