Zion Research has published a new report titled “Car Rental Market for Local Usage, Airport Transport, Outstation, and Other End-users: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014-2020.” According to the report, global Car Rental Market was valued at approximately USD 41.50 billion in 2014 and is expected to reach around USD 90.0 billion in 2020, growing at a CAGR of around 13.5% between 2015 and 2020.

Get Sample Report@ http://goo.gl/CrpfOa

Car rental is a service, wherein a company offers a car to its customers for a specific period ranging from few hours to months at a predefined lease. Car rental is beneficial for one whose car is out of service temporarily of someone who does not have access to their vehicles. Car rental is a most convenient option for the people opting to have car for a specific period without indulging into legalities of buying a car and those who don’t want invest money in buying a car. Most commonly, car rental service provider’s offices are located near airports or busy city center. Most of the time, car rental companies also provide value added services such as insurance, entertainment systems, GPS navigation systems, etc.

Browse the full "Car Rental (Luxury Cars, Executive Cars, Economy Cars, SUV Cars, and MUV Cars) Market for Local Usage, Airport Transport, Outstation, and Other End-users: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020" report at http://www.marketresearchstore.com/report/car-rental-market-z39067

Growing tourism is one of the major driving factors for car rental market around the world. The higher penetration of travelers is been noticed especially form North America and Europe region. Online booking services and facilities to return the vehicle in a location of their convenience is also attracting people to hire a car. Additionally, rapidly increasing industrialization and globalization has been resulted into increase in business and leisure trips. This in turn is expected to propel the market growth. However, stringent emission standards and volatility in crude oil prices are anticipated to hold back the growth of the market over forecast period.

Local usage, airport transport, outstation and including self drive, event transportation, employee transportation solutions, etc among others are the key end-user segments of car rental market. In 2014, the airport transport was the largest segment and accounted for more than 30% of the total revenue generated by car rental market. Vigorous growth of air travelers is mainly driving growth of airport transport segment. The outstation application is also important outlet that is expected to exhibit rapid growth in the years to come at growing CAGR.

Do Inquiry Before Buying Report@ http://goo.gl/NSw2bq

Some of the key participants for the global rental car market include Avis Budget Group, Inc, Sixt Rent-A-Car, Enterprise Rent-A-Car, The Hertz Corporation, EuropCar, Al-Futtaim Group, Carzonrent, Localiza Rent-A-Car, and Eco Rent-A-Car.

The report segments the global car rental market as:
Car Rental Market:Car Type Segment Analysis
Luxury cars
Executive cars
Economy cars
SUV cars
MUV cars

Car Rental Market: End-users Segment Analysis
Local usage
Airport transport
Outstation
Others (Including self drive, event transportation, employee transportation solutions)

Car Rental Market: Regional Segment Analysis
North America
U.S.
Europe
Germany
UK
France
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

Table Of Content :

Chapter 1. Preface
1.1. Report description and scope
1.2. Research scope
1.3. Research methodology
1.3.1. Market research process
1.3.2. Market research methodology
Chapter 2. Executive Summary
2.1. Global car rental market, 2014 - 2020, (USD Billion)
2.2. Car rental: Market snapshot
Chapter 3. Car Rental Market: Industry Analysis
3.1. Car rental: Market dynamics
3.2. Market Drivers
3.2.1. Increasing global tourism industry
3.2.2. Global growth in business trips and leisure trips
3.2.3. Large use of internet and SmartPhone technology
3.3. Restraints
3.3.1. Stringent emission standard and volatility in crude oil prices
3.4. Opportunity
3.4.1. Emerging market
3.5. Porter’s Five Forces Analysis
3.6. Market Attractiveness Analysis
3.6.1. Market attractiveness analysis by car type segment
3.6.2. Market attractiveness analysis by end-users segment
3.6.3. Market attractiveness analysis by regional segment

Contact US:
Joel John
3422 SW 15 Street, Suit #8138
Deerfield Beach, Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: [email protected]
Website: http://www.marketresearchstore.com