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Market Research Report

United States Car Rental & Leasing Market analysis By Rental Type, By Services Type(Interstate, Intrastate, Airport Transfers), By Vehicles Type & By Mode of Booking with Forecast to 2025

Published On : 2018-09-28 Report Page : 210 Category: Automotive

Car Rental & Leasing in United States

Market Overview

The US car rental & leasing market is primarily reliant on the behavior of the travelers. The continuous upsurge in the number of overseas travelers has not only influenced the growth of the industry but also pushed the market players to introduce new business models. Newer market players such as Zipcar and BlaBlaCar have already launched groundbreaking business models such as car sharing, and embraced technologies like telematics. Uber and Lyft are using mobile technologies and other devices in order to better meet consumers’ personal transportation requirements. These kinds of initiatives and business models are creating the environment for the disruption of the car rental industry. Moreover, emergence and aggressive development of autonomous vehicles will further evolve the car leasing and rental industry in U.S in coming years. For instance, Avis Budget Group has announced the strategic partnership with Waymo, the autonomous driving division of Alphabet, Google’s parent company, to deliver fleet management services for Waymo’s self-driving vehicles.

Goldstein Research analyst forecast United States car rental & leasing market is anticipated to grow at a CAGR of 4.9% over the forecast period as the development of car sharing solutions may essentially increase demand for traditional car rental as well.

United States (US) Car Rental Market Segmentation

By Rental Type

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

Based on the rental type chauffer drive or taxi services acquired the largest share of more than 35% share in United States 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 5.6% 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 United States 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 US car rental market data such as market size and revenue share on the basis of revenue generated from major players in all major regions. United States car rental & leasing market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

US Car Rental 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 United States 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. “United States 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 United States Car Rental & Leasing Market Report comprises of the following companies as the key players: Uber, Lyft, Enterprise Holdings, Avis Budget Group, Hertz Global Holdings, Fox Rent A Car, Advantage Rent-A-Car, ACE Rent A Car, U-Save Auto Rental System, International Franchise Systems, Affordable/Sensible, Dollar Thrifty Automotive Group, Rent-A-Car and

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.

Click here for market report sample on US car rental & leasing industry to get a detailed overview. 

Key questions answered in this United States car rental & leasing market report

  • What is the total market size by 2025 and what would be the expected growth rate of 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 trends in car rental & leasing market?
  • What are the factors & dynamics which are impacting this market?
  • What are the major barriers to market growth?
  • What are the threats & challenges to car rental industry in United States?
  • 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 US 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

United States Car Rental & Leasing Market analysis By Rental Type, By Services Type(Interstate, Intrastate, Airport Transfers), By Vehicles Type & By Mode of Booking with Forecast to 2025

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