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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. Such agencies are normally located around the busy areas of city.
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Global Car Rental Market
1. Global Car Rental Market Report: 2013 Edition
One of the industries which benefitted the most on account of improving world economy is car rental. Since
the financial scenario is ameliorating and people are able to afford higher spend on leisure activities and
overseas travel, a gush in the demand for car rental services has been witnessed over the past few years.
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. Such agencies are
normally located around the busy areas of city. Car rental companies usually operate via two segments viz.
Rent-a-Car and Fleet Rental. The rent-a-car segment is vulnerable to the fluctuations in world economic and
financial condition.
This report provides a comprehensive analysis of the global car rental market with focus on regional study of
the US, Brazil, Korea and Russia. Also, industry trends and developments like increase in the short term car
rental by the household segment, introduction of the electric and hybrid vehicles in the rental fleet and opaque
rentals are discussed in detail. The factors which are expected to drive the growth of car rental market include
growing travel and tourism industry, rising demand for recreational and leisure activities, increasing
population of urban people and HNIs and the ameliorating economic scenario which has increased the
consumer spending power. On the other hand, there do exist certain challenges like stringent emission
standards for curbing pollution which may hinder the industry 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.
table Of Content
1. Overview
1.1 Car Rental Business Model
1.2 Car Rental Conditions
1.3 Revenue And Cost Structure
2. Car Rental Market Structure
2.1 Global Car Rental Market
2.2 Regional Car Rental Markets
2.2.1 Us Market
market Value
Global Car Rental Market Report: 2013 Edition
2. market Volume
key Segments
2.2.2 Brazil
market Value
market Volume
market Share
2.2.3 Korea
market Growth
market Volume
market Share
2.2.4 Russia
market Overview
market Value
3. Market Dynamics
3.1 Industry Trends & Developments
3.1.1 Increment In Shortterm Car Rental By Households
3.1.2 Epoch Of Hybrid/electric Vehicles (ev)
3.1.3 Introduction Of Opaque Rentals
3.2 Growth Drivers
3.2.1 Ardent International Tourism Industry
3.2.2 Increasing Demand For Leisure And Recreation
3.2.3 Increasing Urban Population
3.2.4 Increasing Internet Penetration
3.2.5 Rising Population Of Hnis
3.2.6 Growing Global Economy
3.3 Challenges
3.3.1 Global Financial Turmoil And Liquidity Constraints
3.3.2 Tightening Emission Standards
4. Competitive Landscape
4.1 Market Rivalry In Europe
4.1.1 Germany’s Car Rental Market Contention
4.2 Us Car Rental Market Competition
market Share
statistical Comparison
fleet & Location
5. Company Profiles
5.1 Hertz Global Holdings, Inc.
Global Car Rental Market Report: 2013 Edition
3. 5.1.1 Business Overview
5.1.2 Financial Overview
5.1.3 Business Strategies
strategic Acquisitions
growth Through Increased Operations
5.2 Dollar Thrifty Automotive Group, Inc.
5.2.1 Business Overview
5.2.2 Financial Overview
5.2.3 Business Strategies
profitability Of Core Operations
superior Fleet Diversification
5.3 Avis Budget Group, Inc.
5.3.1 Business Overview
5.3.2 Financial Overview
5.3.3 Business Strategies
implementation Of Twobrand Strategy
cost & Efficiency Optimization
5.4 Enterprise Holdings, Inc.
5.4.1 Business Overview
5.4.2 Financial Overview
5.4.3 Business Strategies
expanding Car Rental Business
growth Through Sustainable Development
6. Market Outlook
6.1 Market Forecast
6.2 Forecast Methodology
6.2.1 Dependent And Independent Variables
6.2.2 Correlation Analysis
6.2.3 Regression Analysis
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Global Car Rental Market Report: 2013 Edition