The global car rental market size is estimated at USD 152.99 billion in 2025 and is predicted to reach around USD 324.14 billion by 2034, accelerating at a CAGR of 8.70% from 2025 to 2034. The North America car rental market size surpassed USD 76.00 billion in 2024 and is expanding at a CAGR of 8.80% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Car Rental Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Car Rental Market, by Vehicle Type
8.1.1. Luxury Cars
8.1.1.1. Market Revenue and Forecast
8.1.2. Economy Cars
8.1.2.1. Market Revenue and Forecast
8.1.3. SUVs
8.1.3.1. Market Revenue and Forecast
8.1.4. Executive Cars
8.1.4.1. Market Revenue and Forecast
8.1.5. MUVs
8.1.5.1. Market Revenue and Forecast
9.1. Car Rental Market, by Application
9.1.1. Local Usage
9.1.1.1. Market Revenue and Forecast
9.1.2. Outstation
9.1.2.1. Market Revenue and Forecast
9.1.3. Airport Transport
9.1.3.1. Market Revenue and Forecast
9.1.4. Others
9.1.4.1. Market Revenue and Forecast
10.1. Car Rental Market, by Rental Duration
10.1.1. Long-term
10.1.1.1. Market Revenue and Forecast
10.1.2. Short-term
10.1.2.1. Market Revenue and Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Vehicle
11.1.2. Market Revenue and Forecast, by Application
11.1.3. Market Revenue and Forecast, by Rental Duration
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Vehicle
11.1.4.2. Market Revenue and Forecast, by Application
11.1.4.3. Market Revenue and Forecast, by Rental Duration
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Vehicle
11.1.5.2. Market Revenue and Forecast, by Application
11.1.5.3. Market Revenue and Forecast, by Rental Duration
11.2. Europe
11.2.1. Market Revenue and Forecast, by Vehicle
11.2.2. Market Revenue and Forecast, by Application
11.2.3. Market Revenue and Forecast, by Rental Duration
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Vehicle
11.2.4.2. Market Revenue and Forecast, by Application
11.2.4.3. Market Revenue and Forecast, by Rental Duration
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Vehicle
11.2.5.2. Market Revenue and Forecast, by Application
11.2.5.3. Market Revenue and Forecast, by Rental Duration
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Vehicle
11.2.6.2. Market Revenue and Forecast, by Application
11.2.6.3. Market Revenue and Forecast, by Rental Duration
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Vehicle
11.2.7.2. Market Revenue and Forecast, by Application
11.2.7.3. Market Revenue and Forecast, by Rental Duration
11.3. APAC
11.3.1. Market Revenue and Forecast, by Vehicle
11.3.2. Market Revenue and Forecast, by Application
11.3.3. Market Revenue and Forecast, by Rental Duration
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Vehicle
11.3.4.2. Market Revenue and Forecast, by Application
11.3.4.3. Market Revenue and Forecast, by Rental Duration
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Vehicle
11.3.5.2. Market Revenue and Forecast, by Application
11.3.5.3. Market Revenue and Forecast, by Rental Duration
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Vehicle
11.3.6.2. Market Revenue and Forecast, by Application
11.3.6.3. Market Revenue and Forecast, by Rental Duration
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Vehicle
11.3.7.2. Market Revenue and Forecast, by Application
11.3.7.3. Market Revenue and Forecast, by Rental Duration
11.4. MEA
11.4.1. Market Revenue and Forecast, by Vehicle
11.4.2. Market Revenue and Forecast, by Application
11.4.3. Market Revenue and Forecast, by Rental Duration
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Vehicle
11.4.4.2. Market Revenue and Forecast, by Application
11.4.4.3. Market Revenue and Forecast, by Rental Duration
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Vehicle
11.4.5.2. Market Revenue and Forecast, by Application
11.4.5.3. Market Revenue and Forecast, by Rental Duration
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Vehicle
11.4.6.2. Market Revenue and Forecast, by Application
11.4.6.3. Market Revenue and Forecast, by Rental Duration
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Vehicle
11.4.7.2. Market Revenue and Forecast, by Application
11.4.7.3. Market Revenue and Forecast, by Rental Duration
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Vehicle
11.5.2. Market Revenue and Forecast, by Application
11.5.3. Market Revenue and Forecast, by Rental Duration
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Vehicle
11.5.4.2. Market Revenue and Forecast, by Application
11.5.4.3. Market Revenue and Forecast, by Rental Duration
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Vehicle
11.5.5.2. Market Revenue and Forecast, by Application
11.5.5.3. Market Revenue and Forecast, by Rental Duration
12.1. Avis Budget Group
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Europecar
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Enterprise Holdings Inc.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. The Hertz Corporation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Toyota Rent-a-Car
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Sixt SE
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Alamo Rent-a-Car LLC
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Carzonrent India Pvt Ltd
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Localiza
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. ANI Technologies Pvt. Ltd
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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