Automotive Rental Ma

Automotive Rental Market-Trends and Forecast (2015-2020)

Report Code: UC 1523 May, 2024, by marketsandmarkets.com

A car rental is a company that rents automobiles for short periods of time ranging from few hours to few days or weeks and charge an appropriate fee. It is often organised with local branches which allows a user to return the vehicle to a different location. These services are generally located near airports and railway stations and generally allow online reservations. These agencies primarily serve people who require a temporary vehicle for travelling or any other purposes. Alongside the basic rental service, these agencies also provide added services like GPS, navigation systems, insurance and entertainment systems.

The global automotive rental market is marked with intense competition due to the presence of a large number of both big and small companies. The report contains qualitative data about drivers, restraints, and opportunities presented by the automotive rental market. It also provides quantitative information about current market scenario and provides market forecasts for the period 2015-2020. Major players in this market have been identified and profiled.


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