Global Car Rental Market Report: 2014 Edition
Albany, NY (PRWEB) December 29, 2014
The 56-page research report closely follows the global car rental market from a past date and provides market details and estimates for a forecast period. The report contains more than 35 unique figures and more than 10 tables to describe the global car rental market in a highly professional and detailed manner. The market opinions presented in the report are based on the extensive research performed through renowned and popular methods.
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The global car rental market is explained with greater focus on key trends, acquisitions and mergers, pricing trends, growth drivers, the relation to population, the relation to leisure and recreational activities, and the international tourism industry.
The report initially provides an overview of the car rental market through the various business models used, the revenue and cost structure, and the conditions involved in the car rental market.
The greatest driving factor for the car rental market is the improving global economy. With every region hosting nearly standard prices for cars that are rented from a few days to a few weeks, consumers with disposable incomes are quickly viewing this market as a feasible method to avail of transportation options. The report states most of the consumers that use rental services frequently are those who are travelling long distances or even overseas, or those who are waiting for a new car or have put a damaged car out for repairs.
The report provides a largely geographic segmentation of the global car rental market. According to the report, North America holds the largest share in the car rental market. The report lists Europe as the second largest market share holder.
India, China, and several other emerging countries from Asia Pacific and the Rest of the World are set to show great promise due to rapid industrialization and a huge demand for automobiles.
The report lists some of the other prominent driving factors for the global car rental market, including rising GDP levels, increasing number of tourists in both inbound and domestic scenarios, and the constantly improving road infrastructure.
The report also discusses the impact of the green revolution on the automotives industry and consequently, the car rental market, and the method in which they are driving the market.
The major market restraint elaborated by the report is the volatility of the petroleum product prices. The increasing prices of gasoline are expected to make consumers more cautious towards renting cars. The gasoline prices coupled with the tightening regulatory grip on emission standards is creating a moderate amount of restraint in the global car rental market.
The report also provides strategy related details on the key players in the global car rental market, including names such as Avis Budget Group, Inc., Hertz Global Holdings, Inc., and Enterprise Holdings, Inc. Their crucial financial and strategic details from past activities have been explained.
The report provides a key market focus on the regions of the U.S., China, Brazil, Korea, and Indonesia.
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