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

Transparency Market Research

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

Published Date 05-June-2014

80 Page Report

Buy Now

Request Sample

Press Release

Global Car Rental Market is Expected to Reach USD 79.46 billion in 2019: Transparency Market Research

Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com

Global Car Rental Market

REPORT DESCRIPTION

Global Car Rental Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 2019 According to a new market report published by Transparency Market Research "Car Rental Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," global car rental market was valued at USD 36.89 billion in 2013, growing at a CAGR of 13.6% from 2014 to 2019 to account for USD 79.46 billion in 2019. 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. Browse the full Car Rental Market report at http://www.transparencymarketresearch.com/car-rentalmarket.html Economy cars led the global car rental market by accounting for USD 11.56 billion in the year 2013. The executive cars and multi-utility vehicles (MUV's) segments are expected to grow at a faster rate than the other segments, owing to rapid globalization leading to high level of economic activities and...