Economy car is expected to remain the largest segment in the global on airport car rentalmarket

Posted March 20, 2022 by Lucintel

Economy car is expected to remain the largest segment in the global on airport car rentalmarket
An exciting new study from the team of Lucintel found that on airport car rental marketis expected to reach $42.0 billion by 2025 with a CAGR of 1.7%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The on airport car rentalmarket is segmented based on traveler type, vehicle type, booking type, transmission type, and region. In this market, economy car is the largest segment by vehicle type, whereas leisure is largest by traveler type.Players can benefit from the available opportunities likeincreasing air passenger traffic, rising disposable income, and construction of new airports.
The increasing adaptation of electric vehicle and integration of IoT to provide value added services, such as booking, passenger safety, and assistance are emerging trends having impact on dynamics of the industry.
Enterprise Rent A Car, Hertz Global Holdings, Avis Budget, Europcar, Uber, Sixt, Localiza Rent a Car, Ichinen Holdings, Redcap Tour, Empresas Tattersall, and Warisanare some of the major players profiled in this 200 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the On airport car rental market by traveler (business, leisure and other), by vehicle (economy car, compact car, luxury car, SUV’s, and others), by booking (on-line and off-line), by transmission (manual and automatic), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3What are the business risks and threats to the on airport car rentalmarket?
Q.4What are some changing demands of customers in the on airport car rentalmarket?
Q.5What are the new developments in the on airport car rentalmarket? Which companies are leading these developments?
Q.6What strategic initiatives are being implemented by key players for business growth?
Q.7What are some of the competitive products and processes in this on airport car rentalarea and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in these on airport car rentalmarket?
This unique report from Lucintelwill enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit
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Issued By Lucintel
Country United States
Categories Business
Last Updated March 20, 2022