The Global Car Rental Market Report also sheds light on the drivers coupled with For more: vikas@konceptanalytics.com

1. View Report Details
Global Car Rental Market Report
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2014

2. Executive Summary
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One of the industries which benefitted the most on account of improving world economy is car rental. Car rental is the hiring of a motor vehicle
from one party to another party. Car rental companies are the ones which offer cars and vehicles on rent for a few hours to a few weeks, for a
fee. These companies generally cater to the requirement of people or travelers who are travelling overseas or out of city or whose vehicle is
damaged and repair/ insurance compensation is awaited.
North America holds the largest market share of car rental industry which is one of the prominent regions wherein car rental service has
flourished significantly. North America is followed by Europe which holds second largest share for car rental market. The emerging countries
such as India, China are steadily growing in the car rental industry mainly due to growing demand in these countries.
Increasing GDP levels, increasing volumes of both inbound and domestic tourists coupled with rise in disposable incomes and improving road
infrastructure are factors driving the car rental industry. The emerging business class in India and China along with the green revolution in the
automobile industry is further driving the car rental market. However, the volatility in petroleum product prices, along with high gasoline price, is
expected to affect both consumers spending levels and economic conditions across the globe, thereby leaving a moderate impact on the global
car rental industry. Other major challenge faced by the industry is tightening of emission standards in various parts of the world.
The report, “Global Car Rental Market” analyzes the development of the global car rental market, with a focus on key markets of the US, Brazil,
Korea, Indonesia and China. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report.
The three major players in the industry, Hertz Global Holdings, Inc., Avis Budget Group, Inc., and Enterprise Holdings, Inc., are being profiled,
along with their key financials and strategies for growth.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the
industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to
determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor
variables and the dependent variable was analyzed using standard SPSS output, including charts, tables, and tests.

3. Car rental agencies function by purchasing or leasing numerous fleet vehicles and renting them to their
customers.…
 Global car rental market was valued at US$... billion in 2013,
and has witnessed a CAGR of nearly ..% between 2008 and
2013.
 The car rental market of the US stood at US$... billion in
2013, registering a CAGR of …% over a period spanning 10
years from 2003 to 2013.
 The fleet size of the US car rental market in 2013 was …
thousand cars, recording an increase of …% over the fleet
size of … thousand cars in 2012.
 The car rental industry of Brazil grew at a CAGR of …% over
the period 2005-2013, and estimated to have reached US$...
billion in 2013.
 In unit terms, the car rental market of Brazil had … thousand
vehicles in the fleet as of 2013.
Global Car Rental Market Size (2008-2013)
2008 2009 2010 2011 2012 2013
The US Car Rental Revenues (2003-2013)
US$ Billion
Brazil’s Car Rental Market (2005-2013E)
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
US$ Billion
2005 2006 2007 2008 2009 2010 2011 2012 2013E
Billion
USD BRL

4. North America holds the largest market share of car rental industry which is one of the prominent regions
wherein car rental service has flourished significantly.
 As of 2013, the Korean car rental market size is estimated as …
vehicles and US$... billion in value.
 The Indonesian car rental market has an estimated size of US$...
billion in 2013 and has exhibited a CAGR of about …% since
2009. Leisure car rentals accounted for …% of the total value in
2013.
 In 2013, the car rental industry in China generated US$... billion
and is expected to grow at a five year CAGR of …% to reach
US$... billion by 2018.
 As of 2013, Europcar was the leading player in the European car
rental industry with a share of …% followed by Avis Budget and
Hertz with …% and …% respectively.
 As of 2013, the Enterprise Holdings enjoyed the market
leadership with a staggering .. % share in the US car rental
market in revenue terms.
Korean Car Rental Market (2008-2013)
2008 2009 2010 2011 2012 2013
Car Rental Market Value, Indonesia (2009-2013E)
US$ Billion
Chinese Car Rental Market Size (2005-2013E)
2009 2010 2011 2012 2013E
US$ Billion
2008 2013 2018E
US$ Billion

5. The global car rental market is expected to grow on the back of factors including increasing GDP or the
spending power of consumers; increasing internet penetration thereby leading to increase in online rental
car booking; and rising travel and tourism internationally.
Global Rental Car Market Forecast (2013-2017E)
2013 2014E 2015E 2016E 2017E
US$ Billion
• The global car rental market was valued nearly at US$... billion in 2013, and is likely to grow to US$... billion by 2017 with a CAGR
of …%
• The global GDP is directly proportional to global car rental market. The rising GDP per capita depicts the higher spending power
and more travel activity, thus contributing to the rental car market.
• Increasing number of internet users are fueling growth in car rental market as they are having a strong impact on online rental car
bookings.
• The overseas tourist arrivals are highly correlated to the car rental market revenues as choosing unique car rental services while
traveling to a new place has become a major trend among travelers across the globe.

6. View Report Details
These are abridged and sanitized sample pages from the comprehensive report on the “ Global Car Rental Market ”. To know
more about this report or for any customized research requirement, please contact the following:
Koncept Analytics
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T. +91-120-4130959
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vikas@konceptanalytics.com
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Vikas Gupta
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