In Q2 2022, EV sales accounted for 5. S. 14 bn during 2020-2024, progressing at a CAGR of 11% during the forecast period. However, the market remains very fragmented and the top 8 players account for a little over one-fourth of the market. Chapter 1: Car Rental Market Product Definition, Product Types, Volume, and Revenue Analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa from 2023. 3 Billion by 2030 at a 6. The global electric vehicle (EV) charging infrastructure market size was valued at USD 19. GCC Car Rental Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)The global market for Electric Car Rental in Airport is estimated to increase from USD million in 2023 to USD million by 2029, at a CAGR during the forecast period of 2023 through 2029. 49% CAGR and will total USD 119. Electric Car Rental Market Electric Car Rental Market Size is expected to cross USD $19 billion by 2027 at a CAGR of 15% during the forecast period 2022-2030 $19 Billion Market Size 15% CAGR Asia Pacific Dominating Region 2022-2030 Forecast Period Segmentation By Vehicle Type Battery Cars Hybrid Car. 15% during the forecast period (2023-2028). Major Highlights from Electric Car Rental Market Study Market Breakdown by Applications: Electric Cars & Others Market Breakdown by Types: Economy cars & Luxury cars Executive Summary: In this. 6%. 14 bn during 2020-2024, progressing at a CAGR of over 11% during the forecast. 50 billion in 2022 to $9. 65 mn during 2022-2027, accelerating at a CAGR of 12. 22% during the forecast period, 2022-2027. Read More. 23, 2021 /PRNewswire/ -- The global car rental market size is anticipated to reach USD 141. 0 billion in the current year. According to our primary respondents’ research, the Electric Car market is predicted to grow at a CAGR of roughly 19% during the forecast period. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. Growth in the electric-vehicle market has slowed. Automobile Rental & Leasing Market Analysis. 1. . 2 Million in 2020, at a CAGR of 15. 5 million, throughout the analysis period. 6% during the forecast period. The market is projected to grow from USD 82. The report covers various aspects including Business Models,. 2 million in 2021, up 1. The electric car-rental market is projected to reach $19 billion (€19. Top players are Europcar, The Hertz Corporation, Enterprise Rent-A-Car, Sixt SE. The Car Rental market was estimated to be worth. The electric car rental market size is estimated to grow at a CAGR of 12. The global recreational vehicle market size was valued at USD 47. Market Size (2027) $134. 42 billion in 2021. Related Reports. New York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “ Electric Car Rental Market Information by Vehicle Type, Application. 2020. The Europe vehicle rental market was valued at over USD 13. 15 million in 2021, and it is anticipated to increase to USD 2363. Accelerate at a CAGR of 11. 65 mn during 2022-2027, accelerating at a CAGR of 12. In Europe, car rentals are usually available at affordable costs. The global demand for Electric Car Rental Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the. The India electric vehicle market size was valued at USD 220. Car Rental Platform Market size was valued at USD 89. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 2. 2023-2027. It is expected to reach USD 25,956. 2022-2027. . 92 billion in 2019 and is projected to reach $214. 64% between. 47 billion in 2018 and opportunities are poised growing with a compound annual growth rate (CAGR) of 11. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. The reports further project the market to attain a valuation of around USD 10,111. 28 billion in 2021, and it is expected to reach USD 223. The Future of Bike and Scooter Rental Market Economy Size Expected a Growth of $ 11,040 Million by 2028, According to Vantage Market Research (VMR) WASHINGTON, Dec. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. The research assessment of the Market is designed to analyze futuristic trends. 22% during the forecast period, 2022-2027. NEW YORK, June 22, 2021 /PRNewswire/ -- The global electric car rental market is poised to grow by USDLONDON--Technavio has been monitoring the electric car rental market and it is poised to grow by USD 7. The Car. 5% during the forecast period. The Electric Car Rental Market study with 113+ market data Tables, Pie charts & Figures is now released by HTF MI. 54 billion in 2022. The segment value, growth, revenue, and demand in the market. Ola Bikes, Uber, Rapido, and Zoomcar are some of the very successful Indian ridesharing startups. is about $400 million, compared to the $24 billion in revenue for the traditional car rental market. 89 billion in 2022 to USD 214. The growth of the electric car rental market can be attributed to the rise in. 4m in 2020, representing a compound annual rate of change (CARC) of -15. An in-depth analysis of historical trends, future trends, SWOT analysis, demographics, industrial advances, and regulatory requirements for the Electric Car Rental market has been performed to. Page number. Electric cars earned a record-high the market share of 75% in Norway, up about one-third from 2019. 94bn in 2023. Reserve today. 14 billion during 2020-2024, progressing at a CAGR of over 11% during the. A significant rise in the number of people taking business and leisure trips across the globe is driving the demand for car rental services, thereby propelling the industry’s. 69 billion in 2021 to USD 2. NEW YORK, June 22, 2021 /PRNewswire/ — The global electric car rental market is poised to grow by USD 7. Advance Market Analytics published a new research publication on "Electric Car Rental Market Insights, to 2026" with 232 pages and enriched with self-explained Tables and charts in presentable format. 7%. The Europe car rental market is projected to exhibit a growth rate (CAGR) of 12. Europe will account for 42% of the growth of the global market during the forecast period. 25% to reach US$3,769. Prior to COVID-19, the car rental industry in Thailand was expanding steadily and profitably, and more individuals were hiring cars than in prior years. The global electric car rental market is fragmented, and the five forces analysis covers–The Electric Car Rental Market report upholds the future market predictions with market size, revenue, production, Consumption, gross margin and other substantial factors. 75 billion by 2030, registering a CAGR of 18. Electric Car Rental Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030. WASHINGTON, March 20, 2023 (GLOBE NEWSWIRE) -- Global Car Rental Market is valued at USD 98. com 📞 +1 (855) 661-4441(US) 📞. com Website: Electric Car Rental Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The electric vehicle (EV) market in the United States broke records in 2022, estimated at just under 918,500 light electric vehicle sales. Official forecasts for electric car take-up have been slashed. Electric Car Rental Market Overview: The Electric Car Rental market industry is projected to. The growth of the car rental market; Analysis of the market’s competitive landscape and detailed information on vendors; Comprehensive details of factors that will challenge the growth of car rental market vendors; Related Reports: The electric car rental market size is estimated to grow at a CAGR of 12. The electric vehicle (EV) market in the United States broke records in 2022, estimated at just under 918,500 light electric vehicle sales. Global Electric Car Rental Market 2021-2025 The analyst has been monitoring the electric car rental market and it is poised to grow by $ 8. 54 billion in 2022. London, UK -- ( SBWIRE) -- 02/17/2023 -- Electric Car. The market was negatively impacted by COVID-19 in the first half of 2020. 1 billion in 2022, and is projected to reach $2. The global electric car rental market is forecast to grow by. 24 billion in 2021 to USD 137. According to Precedence Research, the car rental market size is expected to hit around US$ 186. Global Luxury Car Rental Market Size Worth 84. The market is projected to grow from USD 28. 5. Page number. 69 billion in 2022 to USD 131. Pune, May 20, 2021 (GLOBE NEWSWIRE) -- EV Market Analysis. 4 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8. 32 EST. The global car rental & leasing market size was valued at USD 641. In July of 2021,. 1 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 94. 14 billion during 2020-2024. 2% from 2020 to 2025. The Global Electric Car Rental market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. 1% from 2021 to 2028. The market is projected to grow from USD 82. com announces the release of the report 'Global Electric Car Rental Market 2020-2024'. 14 bn during 2020-2024 Electric Car Rental Market 2020-2024 - Avis Budget Group Inc. 42 billion and is expected to achieve a CAGR (Compound Annual Growth Rate) of 7. . 04 billion in 2021 and expected to surpass a net valuation of USD 4. The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032. According to the Market Statsville Group (MSG), the global car rental market size is expected to grow from USD 99,430. Forecast period. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. 21 billion by. 14 billion during 2020-2024. 64% between 2022 and 2027. 1% during the forecast period (2022 - 2030). 7 Billion by 2028, exhibiting a growth rate (CAGR) of 3. Follow. and Y-o-Y Growth 4. Company. China was the frontrunner once again, accounting for around 60% of global electric car. 65 mn during 2022-2027, accelerating at a CAGR of 12. 8, 2022 /PRNewswire/ -- The electric car rental market is fragmented. Covered in this report The report covers the present scenario and the growth prospects. In 2011, around 55,000 electric vehicles (EVs) were sold around the world. " Electric Car Rental Industry Statistics Cognitive Market. 4 million in 2019 at a healthy rate of 15. 65 mn during 2022-2027, accelerating at a CAGR of 12. Canada Electric Car Market volume was 38576. Global Electric Car Rental Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics. 2. New York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “ Electric Car Rental Market. 000 billion. 6. NEW YORK, Nov. 7% from 2020 to 2027. The market value is slated to rise from USD 82. 65 mn during 2022-2027, accelerating at a CAGR of 12. Key takeaways. 56 billion by 2028, at a CAGR of 17. 3% of new. Car rental market growth accelerated by rising growth of the travel and tourism sector and increased awareness about electric mobility services April 30, 2023 20:19 ET | Source: Market Research FutureVantage Market Research. 57 billion in 2030, with a CAGR. Electric car markets are seeing exponential growth as sales exceeded 10 million in 2022. Over the long term, the car rental market's growth is favorable due to stringent government legislation on purchase and car driving in the country. But in 2019, the number of units sold increased only to 2. 17 billion by 2028, registering a CAGR of 4. The Electric Car Rental Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study. 13 billion in 2023 to USD 1,139. 40 billion in 2022 to $15. Significant growth in the travel and tourism industry of the country is one of the key factors driving the growth of the market. The latest market research report by Technavio on the global electric car rental market predicts a CAGR of around 11% during the period 2017-2021. Market growth was disrupted owing to lockdowns and the reduced income of the population. 527 million in 2027 from US$2,309. 14 bn during 2020-2024, progressing at a CAGR. 6 Billion by. +1 217 636 3356 +44 20 3289 9440 [email protected] Menu. March 20, 2023 13:18 ET | Source: Vantage Market Research. New Study Reports “Electric Car Rental Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports. 04 billion by 2027, registering a CAGR of 10. Latest Market Analysis Research Report on “Global Electric Car Rental Market 2020” has been added to Wise Guy Reports database. In the upcoming 5 years, the market for renting and leasing cars is expected to register a CAGR of more than 9% per year. 4% during 2021-2026. The global electric car rental market is poised to grow by USD 7. Follow. Base year. 14 billion during 2020-2024, progressing at a CAGR of over 11% during the. NEW YORK, Jan. According to the research report, Europe Car Rental Market Outlook, 2028 the market is anticipated to add market size of USD 17. The market leaders tried to maintain their strong presence by acquiring other well-known brands such as Dollar, Thrifty, National and Alamo. “EV growth is here to stay, so we will see more EVs in all parts of our automotive. 23 Sep, 2021, 05:05 ET. The growth of the travel and tourism sector. The total lithium-ion–battery market for EV passenger cars grew by 17 percent, to 117 gigawatt-hours in. 55 billion in 2023 to USD 19. The Car Rental market was estimated to be worth. The investments in the car-sharing market, at approximately $3 billion, are small compared with investments in e-hailing. Frequent suspension of public transport systems coupled with the highly contagious nature of the virus propelled the need for passenger cars. The global Electric Car Rental market focuses on encompassing major statistical evidence for the Electric Car Rental industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. The Russia. In addition to this, the market generated. DOWNLOAD PDF. Follow. 80% during 2023-2028 . The global electric vehicle (EV) charging infrastructure market size was valued at USD 19. 42 billion by 2027, registering a CAGR of 14. Comprehensive details of factors that will challenge the growth of car rental market vendors;. 14 billion during 2020-2024. The global car rental market size was valued at $92. Market Research Future (MRFR) expects the Electric Car Rental Market to expand to a size of approximately USD 15 Billion by 2025-end. The. 00% during the forecast period (2023 - 2032). Electric Car Rental Market Scope. 64% during the forecast period. The Thailand Car Rental Market is valued at USD 811. 1% from 2023 to 2033. 65 million. 21 billion in 2022 to USD 113. 1% CAGR: Custom Market Insights (Share, Report, Trends, Forecast, Trends, Segmentation) [220+ Pages Latest Report] According. To get the exact yearly growth variance and the Y-O-Y growth rate, View Report Snapshot. The analysts forecast the global electric car rental market to grow at a CAGR of 11. Germany Car Rental Market Analysis. WASHINGTON, March 20, 2023 (GLOBE NEWSWIRE) -- Global Car Rental Market is valued at USD 98. 55 billion in 2028 at a CAGR of 6. . The electric car rental market is poised to grow by $11246. 2% CAGR during the forecast period. The Global Electric Car Rental Market will grow by USD 7. 59 billion by 2030 from valued at US$ 95. Clean energy and improved. Saudi Arabia car rental & leasing market has witnessed sound growth at a CAGR of around 12. 47 Million in 2021 and is expected to reach USD 1261. Rent growth is predicted to outpace home sales price growth in 2022, and in some markets, renting may become the less-affordable option. Influential trend: – Advancement in technology offering an app-based platform for the subscription car. Demand For Rental Cars Due To Rise In International Tourism to Boost Growth | Technavio. 64% between 2022 and 2027. 32 billion in 2023 to USD 119. In India, the ride-sharing market still has a long way to go to develop and is expected to grow at a CAGR of 20. 65 mn during 2022-2027, accelerating at a CAGR of 12. 120. 18 trillion during 2021-2025, progressing at a CAGR of. Diesel cars accounted for more than 50% of EU auto sales in 2015, but in October 2023, that percentage had dropped to only 12%. Comprehensive details of factors that will challenge the growth of car rental market vendors. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. 7%. The car rental market in UAE, under both rental and leasing models had a fleet of 110,000 passenger vehicles and 85,000 commercial vehicles in 2018 (with a total of 195,000). 053 billion in 2019. The potential growth difference for the electric car rental market between 2020 and 2024 is USD 7. 6% during the forecast period. 69 billion in 2022 to USD 131. The Global Electric Car Rental market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. Nissan LEAF. Wilmington, Delaware, Sept. Fortune Business Insights™ presented this information in an upcoming report, titled, “Luxury Car Rental Market Size, Share & Industry Analysis, By Rental Type (Business, Leisure), By Booking. Advance Market Analytics published a new research publication on “Electric Car Rental Market Insights, to 2026″ with 232 pages and enriched with self-explained Tables and charts in a. 7% in Q2 of 2021). 65 mn during 2022-2027, accelerating at a CAGR of 12. The Electric Vehicle. With the outbreak of COVID-19 , many new habits emerged, including social isolation, cleanliness, sanitation, and working from home. 13 billion in 2023 to USD 1,139. Electric Car Rental Market Growth Opportunities: • Growing Penetration of Rental Services Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & AfricaA BloombergNEF study reveals that the global electric vehicle market size and adoption will grow in the long run. , Aug 08, 2022 A2Z Market Research announces the release of Electric Vehicle Rental Market research report. This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries. Battery electric vehicles (BEVs) accounted for two-thirds of new electric car registrations and two-thirds of the stock in 2020. 5 billion by 2033. 36% of the worldwide market. 36 billion in 2027 at a CAGR of 15%. 7% from 2020 to 2027. 1% from 2021 to 2028. 52% during the 2022-2029 forecast period. 57 billion in 2030, with a CAGR. 13, 2022 (GLOBE NEWSWIRE) -- The global car rental market size was worth at around US$ 102. The global market for car rental and leasing services is anticipated to reach a market size of US$ 312. 67 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 25. The report offers an up-to-date analysis regarding the. Base year. Menu. About Us. Automotive. 84 billion in 2023 to USD 575. 7 billion in 2021 and is projected to grow to USD 2. . MRFR also estimates that. com's offering. As per the reports, the car rental market was worth nearly USD 7,920 million in the. The Electric Car Rental market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026. Additionally, the rising number of foreign tourists in the country is. 42 Billion by the end of 2030. The electric-vehicle land grab is reshaping economies and challenging political allegiances. This press release features multimedia. Trend 1: Europe continues to lead EV adoption. add_box. 9 percent over the forecast period. The global carsharing market size stood at USD 6,395 million in 2022, and it is predicted to reach USD 9,957 million by 2030, advancing at a CAGR of 5. Electric Car Rental Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030. com's offering. 01% during the period 2017-2021. 16 billion in. On the one hand, some automotive OEMs develop car-sharing services in-house and leverage the opportunity to bring their own vehicles into the fleet at lower price points, which gives advantages in operating costs to. Market Trends 5. 4 billion in 2021 and is estimated to grow to about USD 132. Advertisement. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. Details. The global demand for Electric Car Rental Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Electric Car Rental Market Size, Growth Rate, And Forecast The global electric car rental market size is expected to grow from $8. 13, 2021 (GLOBE NEWSWIRE. this year, according to Atlas Public Policy. 39 Billion in 2023 to USD 34. The Electric Car Rental Global Market Report 2023, provides comprehensive information on the electric car rental market across 60+ geographies in the seven regions — Asia-Pacific, Western Europe…According to industry estimates the Electric Car Rental market growth is projected to expand between 12. The global golf cart market size was valued at $1. Recreational Vehicles (RVs) are portable units mounted on chassis and wheels. The expanding travel and tourism industry, rising trend of business and corporate travel, changing attitude toward car ownership, rapid. , Fox Rent A Car, Avis Budget Group, Inc. 49% between 2020-2025. 9% from 2021 to. Zambia is the third fastest-expanding tourism destination in the world, which contributes considerably to the country’s GDP as well as to the growth of the electric car rental market. 14 bn during 2020-2024, progressing at a CAGR. Electric Car Rental Market Services and Solutions Top Companies, Revenue, Trends and AdvancementsNew York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market. Using public transportation can become time-consuming and unpredictable. The Global Electric Car Rental Market is expected to grow at a CAGR of 9. Our report on the electric car rental market provides a holistic analysis, market size and forecast, trends,. The global Car Rental Market is expected to grow at a compound annual growth rate (CAGR) of 7% from 2019 to 2026. These companies also tried to employ the franchise. 6% during the forecast period. The market is. 4 Billion in 2021 and is expected to reach a value of USD 126. Nissan LEAF | Electric Range: 240 / 363 km*. 64% during the forecast period. com's offering. Consumer Interests for On Demand Transportation: Commuters are increasingly demanding familiar, reliable, and high. 12 Billion from 2023 to 2028. 43 billion in 2028 at a CAGR of 25. Introduction 5. The global impact of COVID-19 has been unprecedented and staggering, with the market in the United States witnessing a negative demand. 5% according to RationalStat. Electric Car Rental Market Size was valued at USD 9. This report provides a detailed historical analysis of the global Electric Car Rental Market from 2017-to 2021 and provides extensive market forecasts from 2022-to 2030 by region/country and. The research report also covers the. Basis Point Share (BPS. The Global Electric Car Rental Market will grow by $7. The global electric vehicle market size was valued USD 384. The report offers an up-to-date analysis regarding the. The report covers the present scenario and the growth prospects of. 19, 2022 (GLOBE NEWSWIRE) -- According to a report by Vantage Market Research, the Global Electric Vehicle Market was worth USD 165. Forecast Period. Opportunities, 2018-2028 The Indonesia Tire Market was valued USD3. The report on the electric car rental market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Press release - Researchmoz - Electric Car Rental Market ? Detailed Analysis Of Current Industry Figures With Forecasts Growth By 2026 including Top Players ALD Automotive, Arval, Sixt, Europcar. 9, 2021 -- The electric car rental market is set to grow by USD 8. 42 Million by 2027 registering a CAGR of over 9. 83% to reach US$2. 13, 2021 (GLOBE NEWSWIRE. New York, June 21, 2021 (GLOBE NEWSWIRE) -- Electric Car Rental Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Electric Car Rental Market. Europe will account for 42% of the growth of the. EV sales rose 65 percent from 2017 to 2018 (Exhibit 1). Various factors, including the diversification of services, increasing urbanization, rising disposable income, ascending preference for on-demand transportation, and growth of tourism, have played a major role in the market growth. Electric Car Rental Market was valued at USD 9. The global electric car rental market size is expected to reach $17. The Electric Car Rental covers vital information on applications, categorization, predicted growth patterns, supply chain, financial and economic terminology, and numerous other market aspects. Revenue in the Car Rentals market is projected to reach US$29. 1% during 2023-2028. 7% between 2016 and 2020. Vehicle rental in Europe is the practice of renting or leasing a passenger car or commercial vehicle for the short term. Truck Rental Market Regional Insights. 120. The UAE Electric Vehicle Market size is projected to grow at a CAGR of 24. Report Coverage. The market is projected to grow from USD 12.