London, UK (PRWEB) October 29, 2014
Since the 18th National Congress of the Communist Party of China (CPC), the robust development of China’s automobile rental market have developed at a robust pace, promoted to a large degree by the proposal of policies of reformation of government automobile purchases, car purchase restrictions and new energy vehicles (NEVs). The scale of China’s auto rental sector is forecast to reach the USD 6.21 billion mark by 2014-end, recording a CAGR of 20.2% during 2010-2014. The total number of automobiles available for rent in China is estimated to expand from over 200,000 automobiles as of 2010 to more than 430,000 automobiles, at a CAGR of 21%. This high CAGR has granted China’s automobile rental market the status of sunrise industry and is favoured by the capital market.
A host of large auto rental companies have also expanded their business. China Auto Rental Inc is set to go public in Hong Kong Stock Exchange, so as to gain more finance to facilitate the expansion. EHI Car Service also engages in attempts to go public. All in all, China’s auto rental market has entered into a phase of fierce competition.
In-demand report “In-Depth Survey on China Automobile Rental Market, 2014” drawn up by Huidian Research is now available at MarketPublishers.com.
Title: In-Depth Survey on China Automobile Rental Market, 2014
Published: August, 2014
Price: US$ 7,600.00
The report presents an all-round and unbiased analysis of the automobile rental industry in China with a detailed survey of 11 auto rental enterprises. The research publication provides coverage of key information including companies’ profiles, core businesses and structure, main service platforms, network distribution, automobile sum, operation conditions, service types, most recent dynamics, operation models, automobile quantity by brand and by type, rental charges, rental procedures, client type (long and/or short term rental), clients’ rental purpose, clients’ rental frequency (sedan, sport utility vehicle (SUV), multipurpose passenger vehicle (MPV), bus, minibus), client preferred price (sedan, MPV, bus, SUV, minibus), clients’ preferred type (sedan, MPV, SUV, minibus, bus), as well as clients’ concerns. The study gives an up-close look at the impact of relevant policies, provides forecasting of the novel car purchases, purchase capital source, future development trends, and a granular SWOT analysis.
- All-round overview of the Chinese automobile rental market.
- Detailed analysis of the top 11 auto rental companies, such as Avis Rent a Car System, LLC., China Auto Rental Inc., Top One Car Rental Co., Ltd, Da Zhong Taxi & Leasing Car Company, EHI Car Service Co., Ltd, Long YaodDi Car Renal Pty Co., Ltd, Pang Da ORIX Auto Leasing Co., Ltd, Shouqi Auto Lease Co., Reocar Co., Ltd, The Hertz Corporation, and CTC Service Co., Ltd.
More in-demand reports by the publisher can be found at Huidian Research page.