Car Rental & Leasing Market in US Tends to Grow at a CAGR of 4.9% (2017-2025)

Author: Steve Blade

According to Goldstein Research, United States car rental & leasing market is anticipated to expand at a CAGR of 4.9% during the forecast period, 2017-2025. US continuous rise in a number of travelers, adoption of car sharing solutions and huge opportunities for the growth of car rental & leasing market, the players have been developing new business models for further expansion. Moreover, the anticipated growth of autonomous vehicles in near future will furthermore expand the growth of car rental & leasing market in the US. Further based on rental type segmentation, chauffeur drive or taxi services segment acquired a major share in United States car rental & leasing market i.e. 35% in 2017. Whereas, the self-driving segment is growing at the fastest CAGR of 5.6% during the forecast period (2017-2025).

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Market Segmentation

On the basis of our in-depth analysis, United StatesCar Rental & Leasing Market can be segmented as follows:

By Rental Type

  • Chauffeur Drive
  • Special Events
  • Self-Driving
  • Business Rental

By Services Type

  • Interstate Services
  • Intrastate Services
  • Airport Transfers

By Vehicles Type

  • Luxury Cars
  • Executive Cars
  • Economy Cars
  • Sports Utility Vehicles
  • Multi Utility Vehicles

By Mode of Booking

  • Online Bookings
    • App-based car rental services
    • Telephonic car rental services
    • Web-Based Car Rental Services
  • Offline Bookings

United States Car Rental & Leasing Market report by Goldstein Research contains a detailed analysis of the United States car rental & leasing market. The report highlights the competitive outlook of major United States players that includes business strategies, product portfolio, revenue distribution, financial analysis, services innovations, and investments. The in-depth analysis of car rental & leasing market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the United States car rental & leasing market discussed in the report are: Uber, Lyft, Enterprise Holdings, Avis Budget Group, Hertz Global Holdings, Fox Rent A Car, Advantage Rent-A-Car, ACE Rent A Car, U-Save Auto Rental System, International Franchise Systems, Affordable/Sensible, Dollar Thrifty Automotive Group, Rent-A-Car,etc.

Further, the report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. It also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

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