View Report Details    Global Car Rental Market------------------------------------------                  2013
View Report DetailsExecutive SummaryOne of the industries which benefitted the most on account of improving world economy ...
Car rental companies are the ones which offer cars and vehicles on rent for a few hours to a few weeks,                   ...
Car rental companies usually operate via two segments viz. Rent-a-Car and Fleet Rental          Brazil’s Car Rental Market...
As of 2011, Enterprise Holdings enjoyed the market leadership with a staggering ……..% share in the US                     ...
Table of Contents                                 List of Charts & Tables   1. Overview                                   ...
3.2 Growth Drivers                                                           List of Charts3.2.1 Ardent International Tour...
5.3 Avis Budget Group, Inc.5.3.1 Business Overview5.3.2 Financial Overview5.3.3 Business Strategies-Implementation of Two-...
Contact Us:                                 View Report DetailsThese are abridged and sanitized sample pages from the comp...
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Global Car Rental Market Report: 2013 Edition- Koncept Analytics

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One of the industries which benefitted the most on account of improving world economy is car rental. Since the financial scenario is ameliorating and people are able to afford higher spend on leisure activities and overseas travel, a gush in the demand for car rental services has been witnessed over the past few years.
Car rental companies are the ones which offer cars and vehicles on rent for a few hours to a few weeks, for a fee. These companies generally cater to the requirement of people or travelers who are travelling overseas or out of city or whose vehicle is damaged and repair/ insurance compensation is awaited. Such agencies are normally located around the busy areas of city. Car rental companies usually operate via two segments viz. Rent-a-Car and Fleet Rental. The rent-a-car segment is vulnerable to the fluctuations in world economic and financial condition.

This report provides a comprehensive analysis of the global car rental market with focus on regional study of the US, Brazil, Korea and Russia. Also, industry trends and developments like increase in the short term car rental by the household segment, introduction of the electric and hybrid vehicles in the rental fleet and opaque rentals are discussed in detail. The factors which are expected to drive the growth of car rental market include growing travel and tourism industry, rising demand for recreational and leisure activities, increasing population of urban people and HNIs and the ameliorating economic scenario which has increased the consumer spending power. On the other hand, there do exist certain challenges like stringent emission standards for curbing pollution which may hinder the industry growth.

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Global Car Rental Market Report: 2013 Edition- Koncept Analytics

  1. 1. View Report Details Global Car Rental Market------------------------------------------ 2013
  2. 2. View Report DetailsExecutive SummaryOne of the industries which benefitted the most on account of improving world economy is car rental. Since the financialscenario is ameliorating and people are able to afford higher spend on leisure activities and overseas travel, a gush in thedemand for car rental services has been witnessed over the past few years.Car rental companies are the ones which offer cars and vehicles on rent for a few hours to a few weeks, for a fee. Thesecompanies generally cater to the requirement of people or travelers who are travelling overseas or out of city or whosevehicle is damaged and repair/ insurance compensation is awaited. Such agencies are normally located around the busyareas of city. Car rental companies usually operate via two segments viz. Rent-a-Car and Fleet Rental. The rent-a-carsegment is vulnerable to the fluctuations in world economic and financial condition.This report provides a comprehensive analysis of the global car rental market with focus on regional study of the US,Brazil, Korea and Russia. Also, industry trends and developments like increase in the short term car rental by thehousehold segment, introduction of the electric and hybrid vehicles in the rental fleet and opaque rentals are discussed indetail. The factors which are expected to drive the growth of car rental market include growing travel and tourism industry,rising demand for recreational and leisure activities, increasing population of urban people and HNIs and the amelioratingeconomic scenario which has increased the consumer spending power. On the other hand, there do exist certainchallenges like stringent emission standards for curbing pollution which may hinder the industry growth.By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the futuregrowth of the industry. We employed various significant variables that have an impact on this industry and createdregression models with SPSS Base to determine the future direction of the industry. Before deploying the regressionmodel, the relationship between several independent or predictor variables and the dependent variable was analyzedusing standard SPSS output, including charts, tables, and tests.
  3. 3. Car rental companies are the ones which offer cars and vehicles on rent for a few hours to a few weeks, for a fee… Global Car Rental Market Size (2012E & 2017E) In 2011, the overall spending on car rentals increased by …..%. As of 2012, the global car rental market is estimated to have surpassed the US$.........billion mark, and is anticipated to grow at a CAGR of ……..% over the next 5 years reaching US$........ billion by 2017. 2017E  The car rental market of the US stood at US$......... billion in 2011, registering a CAGR of …………% over a period spanning 8 years from 2003 to 2011. In 2003, the car rental market of the US was US$............. billion  The fleet size of the US car rental market was ………thousand cars, recording an increase of ……% over the fleet size of ………… 2012E thousand cars in 2011. On the other hand, the revenue per car did US$ Billion not observe much growth as in 2011, the same was US$.........., while in 2010, the value was US$.......... The US Car Rental Revenues (2003-2011) The US Car Rental Market Statistics (2003-2012) Number of Cars (‘000) US$ Billion US$ 2003 2004 2005 2006 2007 2008 2009 2010 2011 2003 2004 2005 2006 2007 2008 2009 2010 2011 Number of Cars (LHS) Revenue per car/month
  4. 4. Car rental companies usually operate via two segments viz. Rent-a-Car and Fleet Rental Brazil’s Car Rental Market Revenues (2006-2012) The Brazilian car rental market is poised to grow at a CAGR of ……..% over the next 4 year period, reaching BRL……… billion by 2016. In the unit terms, the car rental market of Brazil had approximately ………..thousand vehicles in the fleet under management as of 2011,Billion whereas in the rental car fleet there were approximately …….. thousand vehicles during the cited period. As of 2011, in Korea, the number of registered rental cars was ….. thousand, an increase of ……..thousand units or …..% over 2010. The number of car rental companies in Korea witnessed a decline, as their number came down to ………. in 2011 from ….. in 2010. 2006 2007 2008 2009 2010 2011 2012 Registered Rental Cars and Car Rental Companies in Korea (2005-2011) Brazil’s Car Rental Market Size- Units (2006-2011) ) ‘000 units 2005 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 No. of Registered Rental Cars (LHS) Rental Car Fleet (000 vehicles) No. of Car Rental Companies Fleet Under Management (000 vehicles)
  5. 5. As of 2011, Enterprise Holdings enjoyed the market leadership with a staggering ……..% share in the US car rental market in revenue terms… Russia’s Car Rental Market Size (2010 & 2011) The US Car Rental Market Revenue Estimates (2010-2015E) US$ Billion Million Billion 2010 2011 2010 2011 2012E 2013E 2014E 2015E USD (LHS) RUB The Russian car rental market witnessed substantial growth over the last few years, as the market size reached US$.... million or RUB……. billion in 2011, recording an increase of ………….% in terms of local currency, from 2010. As of 2011, Europcar was the leading player in Europe’s car rental industry with a share of ……….% followed by Avis Budget and Hertz with shares of ……% and ……..% respectively Within the province of Germany, Sixt is expected to rein the rental car market in 2012 with ………..% market share followed by Europcar with ………….% share The US car rental market was valued at US$............billion in 2011, and is likely to grow to US$.............billion by 2015 with a CAGR of …………..%. Note: Market attractiveness is inverse of penetration. Low penetration means high attractiveness and vice-versa
  6. 6. Table of Contents List of Charts & Tables 1. Overview List of Charts 1.1 Car Rental Business Model Fleet Management Cost Structure 1.2 Car Rental Conditions Fleet Management Cost Components 1.3 Revenue and Cost Structure Global Car Rental Market Size (2012E & 2017E) The US Car Rental Revenues (2003-2011) 2. Car Rental Market Structure The US Car Rental Market Statistics (2003-2012) The US Car Rental Market Break-up (2011) 2.1 Global Car Rental Market The US Airport Car Rental Market Breakup (2011) 2.2 Regional Car Rental Markets New Vehicles Added in the US Rental Fleet (2003-2012E) US New Car/Truck Rental Fleet Registrations (2010 & 2011) Brazil’s Car Rental Market Revenues (2006-2012) 2.2.1 US Market Brazil’s Car Rental Market Size- Units (2006-2011) -Market Value Brazilian Car Rental Market- Annual Average Revenue per Car (2006-2011) -Market Volume Domestic Players’ Market Share in the Brazilian Car Rental Market (2011) -Key Segments Registered Rental Cars and Car Rental Companies in Korea (2005-2011) Korean Car Rental Market Growth (2005-2011) 2.2.2 Brazil Rental Cars/Passenger Cars Ratio in Korea (2007-2011) -Market Value Domestic Players’ Market Share in Korean Car Rental Market (1Q12) -Market Volume Russia’s car Rental Market Size (2010 & 2011) -Market Share Short term Car Rental Contract Undertaken by Households in France (2000- 2011) Share of Households and Professionals Short-Term Car Rental Market of 2.2.3 Korea France -Market Growth Rental Car Demand Mix in Europe (2011) -Market Volume Global Urban Population (2005-2011) -Market Share Global Internet Users in 2011 and Internet Users Growth Rate (2000-2011) Global Internet Penetration Rate by Region (2011) 2.2.4 Russia Growth of HNIs’ Wealth and Population (2005-2011) -Market Overview Global Wealth Distribution (2011) -Market Value Distribution of HNIs Wealth and Population (2011) Global GDP (2001-2011) 3. Market Dynamics World GDP per Capita (2005-2011) Europe’s Car Rental Market Share by Company (2011 & 2012E) Germany’s Car Rental Market Share by Company (2012E) 3.1 Industry Trends & Developments The US Car Rental Revenue Share (2011) The US Car Rental Market Share- Total Cars in Service (2011) 3.1.1 Increment in Short-Term Car Rental by Households 3.1.2 Epoch of Hybrid/Electric Vehicles (EV) 3.1.3 Introduction of Opaque Rentals
  7. 7. 3.2 Growth Drivers List of Charts3.2.1 Ardent International Tourism Industry Airport Car Rental Market Share of the US (2011)3.2.2 Increasing Demand for Leisure and Recreation Hertz’s Revenue Share by Business Segments (2012)3.2.3 Increasing Urban Population Hertz’s Revenues and Net Income (2008-2012)3.2.4 Increasing Internet Penetration Dollar Thrifty’s Revenue Share by Business Segment (2011)3.2.5 Rising Population of HNIs Dollar Thrifty’s Revenues and Net Income (2008-2011)3.2.6 Growing Global Economy Avis Budget Group, Inc.’s Revenue by Segments (2012) Avis Budget Group, Inc.’s Revenues and Net Income (2008-2012)3.3 Challenges Enterprise Holdings, Inc.’s Revenues (2009-2012) The US Car Rental Market Revenue Estimates (2010-2015E)3.3.1 Global Financial Turmoil and Liquidity constraints3.3.2 Tightening emission standards List of Tables4. Competitive Landscape US Electric and Hybrid Car Rental Fleet Registrations (2011 CY) Overseas Visitors using Car Rental Services in the US (2005-2011)4.1 Market Rivalry in Europe Country of Origin of Visitors Using Rental Cars in the US (2011) Key Purpose of the Trip in the US (2010 & 2011)4.1.1 Germany’s Car Rental Market Contention Information Source Used in Planning Trips by the Rental Car Users in the US (2010 & 2011)4.2 US Car Rental Market Competition Car Rental Statistics of the US (2011)-Market Share The U.S. Car Rental Market Fleet and Locations (2012)-Statistical Comparison Dependent & Independent Variables (2007-2011)-Fleet & Location Correlation Matrix Model Summary – Coefficient of Determination5. Company Profiles Regression Coefficients Output5.1 Hertz Global Holdings, Inc.5.1.1 Business Overview5.1.2 Financial Overview5.1.3 Business Strategies-Strategic Acquisitions-Growth through Increased Operations5.2 Dollar Thrifty Automotive Group, Inc.5.2.1 Business Overview5.2.2 Financial Overview5.2.3 Business Strategies-Profitability of Core Operations-Superior Fleet Diversification
  8. 8. 5.3 Avis Budget Group, Inc.5.3.1 Business Overview5.3.2 Financial Overview5.3.3 Business Strategies-Implementation of Two-Brand Strategy-Cost & Efficiency Optimization5.4 Enterprise Holdings, Inc.5.4.1 Business Overview5.4.2 Financial Overview5.4.3 Business Strategies-Expanding Car Rental Business-Growth through Sustainable Development6. Market Outlook6.1 Market Forecast6.2 Forecast Methodology6.2.1 Dependent and Independent Variables6.2.2 Correlation Analysis6.2.3 Regression Analysis
  9. 9. Contact Us: View Report DetailsThese are abridged and sanitized sample pages from the comprehensive report on the “Global Car Rental Market”. To knowmore about this report or for any customized research requirement, please contact the following: Koncept Analytics CS-36, Second Floor, Ansal Plaza Vaishali, Ghaziabad, U.P. – 201010 Vikas Gupta T. +91-120-4130959 BD Manager C: +91-9811715635 vikas@konceptanalytics.com www.konceptanalytics.com

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