Automotive Rental and Leasing Market Size to Grow by USD 147.98 Bn, Aspark Holidays Pvt. Ltd. and Avis Budget Group Inc. Among Key Vendors - Technavio

NEW YORK, Oct. 27, 2022 /PRNewswire/ -- The automotive rental and leasing market size is expected to grow by USD 147.98 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 7.46% during the forecast period, according to Technavio.

The report offers an up-to-date analysis of the current market scenario and the overall market environment. Request Latest FREE PDF Sample Report

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive rental and leasing market report covers the following areas:

• Automotive Rental and Leasing Market Size
• Automotive Rental and Leasing Market Trends
• Automotive Rental and Leasing Market Industry Analysis

Subscribe to our "Basic Plan" billed annually at USD 5000 that enables you to download 5 reports and view 100 reports every month

Aspark Holidays Pvt. Ltd., Avis Budget Group Inc., Carzonrent India Pvt. Ltd., CENTAURO RENT A CAR SLU, DriiveMe Ltd., Drivezy India Travels Pvt. Ltd., Enterprise Holdings Inc., Europcar Mobility Group SA, Expedia Group Inc., Getaround Inc., Green Motion International, Hertz Global Holdings Inc., Localiza Rent a Car SA, Mercedes Benz Group AG, Mex Rent a Car, Movida Participacoes SA, OK Group, SIXT SE, Al Futtaim Group Co., and Zoomcar India Pvt. Ltd. are among some of the major market participants. The key offerings of some of these vendors are listed below:

• Aspark Holidays Pvt. Ltd. - The company offers automotive rental and leasing services through its subsidiaries such as Hertz, Al Futtaim Vehicle rentals, Firefly, and Thrifty rental car.
• Avis Budget Group Inc. - The company offers automotive rental and leasing services such as SUVs, sedans, and luxury cars.
• Carzonrent India Pvt. Ltd. - The company offers automotive rental and leasing services such as Ford Mustang, Minivan, and standard SUVs.
• CENTAURO RENT A CAR SLU - The company offers automotive rental and leasing services for airport transfers, chauffeur drives, corporate travels, and holiday driving.
• DriiveMe Ltd. - The company offers automotive rental and leasing services in Spain, Portugal, Italy, and Greece.

This report provides a full list of key vendors, their strategies, and the latest developments. Request a FREE PDF Sample Now

The growing urbanization and industrialization are driving the automotive rental and leasing market's growth. The global economy is growing at a rapid rate, as cities and countries are becoming smarter. In addition, the rise in global construction and shipping activities has increased the demand for high-performance vehicles. Moreover, the significant rise in the number of business and leisure travelers has increased the demand for car rental services. Thus, the market is expected to witness significant growth during the forecast period.

Lack of awareness in tier-II cities is challenging the automotive rental and leasing market's growth. The adoption of car leasing business models is also low in semi-urban and rural communities. Moreover, in developing countries such as China, India, and Indonesia, renting or leasing a car is not considered appropriate. Such factors can limit the growth of the market during the forecast period.

Identify key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. Buy Now to learn about market dynamics in detail

• Type 
• Passenger Car Rental
• Truck Utility Trailer
• Recreational Vehicle Rental And Leasing
• Passenger Car Lease
• Geography 
• North America
• Europe
• APAC
• South America
• Middle East And Africa

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist automotive rental and leasing market growth during the next five years
• Estimation of the automotive rental and leasing market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive rental and leasing market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automotive rental and leasing market vendors

Car Leasing Market by End-user and Geography - Forecast and Analysis 2022-2026: Off-lease cars fueling the used car market are driving the market growth. Numerous on-lease vehicles become off-lease every year. Each car leasing dealer has to manage an increasing number of off-lease vehicles that stay unused or under-utilized in the vehicle stockpile.

Vehicle Leasing Market in Europe by Type and Geography - Forecast and Analysis 2021-2025: The cost-effective way of obtaining a vehicle is driving the market. The most popular method of acquiring a vehicle is by paying for the vehicle or through financing options. A majority of vehicle dealership centers have dedicated personnel to assist buyers with purchasing vehicles through loans.

Browse Industrials Market Reports

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Passenger car rental - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Passenger car rental - Market size and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on Passenger car rental - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on Passenger car rental - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Passenger car rental - Year-over-year growth 2021-2026 (%)

• 5.4 Truck utility trailer - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Truck utility trailer - Market size and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on Truck utility trailer - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on Truck utility trailer - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Truck utility trailer - Year-over-year growth 2021-2026 (%)

• 5.5 Recreational vehicle rental and leasing - Market size and forecast 2021-2026
• Exhibit 36: Chart on Recreational vehicle rental and leasing - Market size and forecast 2021-2026 ($ billion)
• Exhibit 37: Data Table on Recreational vehicle rental and leasing - Market size and forecast 2021-2026 ($ billion)
• Exhibit 38: Chart on Recreational vehicle rental and leasing - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Recreational vehicle rental and leasing - Year-over-year growth 2021-2026 (%)

• 5.6 Passenger car lease - Market size and forecast 2021-2026 
• Exhibit 40: Chart on Passenger car lease - Market size and forecast 2021-2026 ($ billion)
• Exhibit 41: Data Table on Passenger car lease - Market size and forecast 2021-2026 ($ billion)
• Exhibit 42: Chart on Passenger car lease - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Passenger car lease - Year-over-year growth 2021-2026 (%)

• 5.7 Market opportunity by Type 
• Exhibit 44: Market opportunity by Type ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 46: Chart on Market share by geography 2021-2026 (%)
• Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 48: Chart on Geographic comparison
• Exhibit 49: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026 
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026 
• Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026 
• Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026 
• Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026 
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026 
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026 
• Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 France - Market size and forecast 2021-2026 
• Exhibit 86: Chart on France - Market size and forecast 2021-2026 ($ billion)
• Exhibit 87: Data Table on France - Market size and forecast 2021-2026 ($ billion)
• Exhibit 88: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 90: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 91: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 93: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 94: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 95: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 96: Matrix on vendor position and classification

• 10.3 Al Futtaim Group Co.
• Exhibit 97: Al Futtaim Group Co. - Overview
• Exhibit 98: Al Futtaim Group Co. - Product / Service
• Exhibit 99: Al Futtaim Group Co. - Key offerings

• 10.4 Aspark Holidays Pvt. Ltd. 
• Exhibit 100: Aspark Holidays Pvt. Ltd. - Overview
• Exhibit 101: Aspark Holidays Pvt. Ltd. - Product / Service
• Exhibit 102: Aspark Holidays Pvt. Ltd. - Key offerings

• 10.5 Avis Budget Group Inc. 
• Exhibit 103: Avis Budget Group Inc. - Overview
• Exhibit 104: Avis Budget Group Inc. - Business segments
• Exhibit 105: Avis Budget Group Inc. - Key offerings
• Exhibit 106: Avis Budget Group Inc. - Segment focus

• 10.6 Carzonrent India Pvt. Ltd. 
• Exhibit 107: Carzonrent India Pvt. Ltd. - Overview
• Exhibit 108: Carzonrent India Pvt. Ltd. - Product / Service
• Exhibit 109: Carzonrent India Pvt. Ltd. - Key offerings

• 10.7 CENTAURO RENT A CAR SLU 
• Exhibit 110: CENTAURO RENT A CAR SLU - Overview
• Exhibit 111: CENTAURO RENT A CAR SLU - Product / Service
• Exhibit 112: CENTAURO RENT A CAR SLU - Key offerings

• 10.8 DriiveMe Ltd.
• Exhibit 113: DriiveMe Ltd. - Overview
• Exhibit 114: DriiveMe Ltd. - Product / Service
• Exhibit 115: DriiveMe Ltd. - Key offerings

• 10.9 Drivezy India Travels Pvt. Ltd. 
• Exhibit 116: Drivezy India Travels Pvt. Ltd. - Overview
• Exhibit 117: Drivezy India Travels Pvt. Ltd. - Product / Service
• Exhibit 118: Drivezy India Travels Pvt. Ltd. - Key offerings

• 10.10 Enterprise Holdings Inc. 
• Exhibit 119: Enterprise Holdings Inc. - Overview
• Exhibit 120: Enterprise Holdings Inc. - Product / Service
• Exhibit 121: Enterprise Holdings Inc. - Key news
• Exhibit 122: Enterprise Holdings Inc. - Key offerings

• 10.11 Europcar Mobility Group SA 
• Exhibit 123: Europcar Mobility Group SA - Overview
• Exhibit 124: Europcar Mobility Group SA - Business segments
• Exhibit 125: Europcar Mobility Group SA - Key news
• Exhibit 126: Europcar Mobility Group SA - Key offerings
• Exhibit 127: Europcar Mobility Group SA - Segment focus

• 10.12 Expedia Group Inc.
• Exhibit 128: Expedia Group Inc. - Overview
• Exhibit 129: Expedia Group Inc. - Business segments
• Exhibit 130: Expedia Group Inc. - Key offerings
• Exhibit 131: Expedia Group Inc. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 132: Inclusions checklist
• Exhibit 133: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 134: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 135: Research methodology
• Exhibit 136: Validation techniques employed for market sizing
• Exhibit 137: Information sources

• 11.5 List of abbreviations 
• Exhibit 138: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED