Global Car Rental Market Analysis 2023 – Market Size And Key Drivers

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Car Rental Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Car Rental Market Segments
The Business Research Company segments its Car
Rental market report as
Luxury Cars, Executive Cars, Economy Cars, SUVs,
MUVs
By Vehicle Type
By Booking Type
Online, Offline
By Application
Local Usage, Airport Transport, Outstation, Other
Applications
By Industry
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Market Statistics
The global car rental market size is expected to
grow from 94.75 billion in 2022 to 102.29
billion in 2023 at a compound annual growth rate
(CAGR) of 8.0. The global car rental market
size is expected to reach 136.02 billion in 2027
at a CAGR of 7.4.
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Key Market Drivers And Trends
Drivers
The significant growth in the tourism industry is
expected to propel the growth of the car rental
market going forward.
Trends
Technological advancements are the key trends
gaining popularity in the car rental market.
Region
North America was the largest region in the
control valve market. The regions covered in the
global control valve market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Key Market Players

• Major players in the Car Rental market are
• Enterprise Rent-A-Car LLC
• The Hertz Corporation
• SIXT Car Rental
• Europcar Rental Company
• Avis Budget Group Inc.
• And more.

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5. Benchmark performance against key competitors.

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