Country Report

Car Rental in

Car Rental in the US

12 pages, Sep 2017

US$990

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Executive Summary

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TRENDS

The competitive landscape for car rental in the US is highly consolidated; three players – Enterprise Holdings, Hertz Corp and Avis Budget Group, each of which owns multiple brands – accounted for 94% of the car rental sales in the US in 2017. In addition to the major companies in this category, smaller independent operators operate regionally throughout the US and generate significantly less revenue than any of the leading players.

PROSPECTS

Both leisure and business car rentals are expected to grow over the 2017-2022 forecast period; increasing at a CAGR of 3% at constant 2017 prices, the former will outpace the latter to reach USD13.1 billion in value sales. Business car rentals will register a constant value CAGR of 2% through 2022 and see value sales total USD10.3 billion by that year. Due to the short-term length and lack of long-distance travel of many business trips, business car rentals are expected to face strong competition from ride-sharing operators, whose options are more flexible and affordable. Usually involving longer distances travelled and trip length, leisure car rentals will be less threatened by ride sharing.

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Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in USA with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Car Rental industry in USA, our research will save you time and money while empowering you to make informed, profitable decisions.

The Car Rental in USA market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Car Rental in USA?
What are the major brands in USA?
Is there a shift from airport car rental to non-airport?
Is leisure car rental outpacing business car rental?
Is insurance replacement recession-resistant?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Travel And Tourism market research database.

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