Reports and Intelligence: China Car Rental Industry market - Analysis, Research, Report, Opportunities, 2013-2017

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Research and Development Forecast of China Car
Rental Industry, 2013-2017

Published Huidian Research
No of pages 70
Date October 2013
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Description


With the development of Chinas society and the
improvement of peoples living standards as well
as the transition of consciousness, more and more
people and enterprises choose to travel with
rented cars for recent years, coupled with the
implementation of purchase curbs policy in the
second and first-tier cities, the development of
car rental is greatly stimulated to a large
extent.  In 2012, the sales revenue of Chinas
car rental industry reached CNY 25.7 billion,
which is estimated to reach 38 billion by 2014.
The compound annual growth rate of the sales
revenue reaches 20.2 during 2010 to 2014.  As
of 2012, there were totally 250,000 units of
Chinas car rental vehicles the number is
estimated to increase to 430,000 units by 2014.
The compound annual growth rate of total vehicles
of car rental is about 21 during 2010 to 2014,
which is equal to the increase magnitude of total
scale of Chinas car rental market.
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Description


According to the survey, at present, Chinas
rental vehicles mainly focus on the medium and
low-end cars the commercial vehicle, bus and
medium-sized bus rental also has a certain
proportion the rental region is highly
concentrated in the four first-tier cities,
namely Beijing, Shanghai, Guangzhou and Shenzhen
with the market shares of 60 by amount. There
appear a lot of car rental companies with the
scale of more than 500 automobiles in the four
cities. Seen from the development level, the
penetration rate of rental vehicles almost
reaches 1.3 in the four cities, which is close
to the developed countries level. The market
of second and third-tier cities also has got the
rapid and considerable development for recent
years the compound annual growth rate is close
to 35 the rental vehicle scale is being rapidly
expanded in these cities and the various car
rental companies spring up, such as Chengdu,
Hangzhou, Xiamen and other regions.
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Description


In China, as the survey to the rented cars user
shows, among the group with the car rental
intention, the post-1980s generation are the main
force, accounting for 65, followed by the
post-1970s accounting for 22.8 and post-1990s
with 8.6 as well as the post-1960s and before
with only 3.6.  Hudian Research releases
Research and Development Forecast of China Car
Rental Industry, 2013-2017, which mainly analyzes
the market status quo and market competitive
condition of car rental industry as well as the
business performance of major enterprises
meanwhile, it makes the prediction to the future
of car rental industry, which provides the
decisive reference for enterprises to know and
invest the field. Detailed Report at
http//www.reportsandintelligence.com/research-and
-development-forecast-of-china-car-rental-industry
-2013-2017-market
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Table Of Content

• Overview of Car Rental Industry
• Development Environment of Chinas Car Rental
  Industry
• Development Overview of Car Rental Industry
• SWOT Analysis of Car Rental Industry
• Car Rental Industry Development in Major Regions 
• Chinas Key Enterprises of Car Rental Industry 
• Risk Control of Car Rental Industry
• Get full TOC at http//www.reportsandintelligence
  .com/research-and-development-forecast-of-china-ca
  r-rental-industry-2013-2017-market/table-of-conten
  ts

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-2013-2017-market
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