Car Rental Market - Global and U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

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Transparency Market

Research

Car Rental Market - Global and U.S. Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2013 - 2019

Published Date

2014-06-05

85 Page Report

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Press Release

Car Rental Market : Demand from North America to Push the

Market Growth at 13.6% CAGR during 2014-2019

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Car rental Market

REPORT DESCRIPTION

Car Rental Market - Global and U.S. Industry Analysis, Size, Share, Growth,

Trends and Forecast, 2013 – 2019

Transparency Market Research has released a recent report on the global car rental market. The

report, titled “Car Rental Market - Global and U.S. Industry Analysis, Size, Share,

Growth, Trends and Forecast, 2013-2019” forecasts the market to grow positively at a CAGR

of 13.6% during the period between 2014 and 2019. The market was valued at US$36.89 billion

in 2013 and is expected to reach a valuation of US$79.46 billion by the end of 2019.

Browse The Market Research Report of Car Rental

Market : http://www.transparencymarketresearch.com/car-rental-market.html

The report points out that the rise in number of tourists, both in overseas and domestic travel

categories, has boosted the global car rental market. Better roads and infrastructure, increasing

GDP levels, and growing disposable incomes have led to the growth in leisure and business trips

across the globe, which in turn has fuelled the car rental market. Increasing number of internet

users and the online presence of car rental companies have also helped the market to grow.

However, volatility in crude oil prices will be one of the major challenges faced by the car rental

market during the forecast period. Stringent emission standards along with cheaper substitutes

of public transport are also going to negatively affect...