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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
Transparency Market Research
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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 β 2019
Transparency Market Research has released a recent report on the global car rental market. The
report, titled βCar Rental Market - Global and U.S. Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2013-2019β 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...