Europe Car Rental Market Examined by Ken Research Private in In-demand Report Published at MarketPublishers.com28 Feb 2014 • by Natalie Aster
LONDON – During 2006-2012, Germany’s car rental sector registered a negative CAGR of nearly 3.01%, influenced by increasing travel expenditures, the rising number of foreign visitors to the country, as well as ever-growing air travel frequency, among others. France ranks the 2nd largest car rental market in the region; the country has the most highly developed car rental system, spurred by a considerable portion of consumer spending on car rentals for leisure purposes. The 3rd largest car rental market, the UK, witnessed a 1.14% CAGR during 2006-2012; and it is poised to perform even better in the offing, driven by improving economic sentiments, increasing population, and a resurgence of international tourist arrivals.
The European car rental market is inhabited by a small number of international conglomerates, few national companies and some other locally based firms. Avis, Hertz, Sixt and Europcar dominate the regional car rental market. Europe’s car rental market is anticipated to see sustained growth, propelled by the on-going expansion of the tourist and travel industry, along with the favourable government initiatives.
In-demand report “Europe Car Rental Industry Analysis to 2017 - Latvia, Belgium and Ukraine to Stimulate the Market Growth” worked out by Ken Research Private offers an all-round overview of the regional car rental market, covering such important aspects as market revenue, size, segmentation, etc. It delves into the current scenario in the major developed and prominent emerging markets in the region. The study presents a comprehensive market assessment by geography and on-airport and off-airport; sheds light on the recent developments and trends in the European car rental industry; characterizes the competitive climate, and also profiles the leading market players. The report provides detailed market projections by various parameters through 2017.
Europe Car Rental Industry Analysis to 2017 - Latvia, Belgium and Ukraine to Stimulate the Market Growth
Published: January, 2014
Price: US$ 1,450.00
Other Countries Car Rental Markets Reports by Ken Research Private Include:
- Spain Car Rental Industry Analysis to 2017 - Driven by Short term Online Car Rental Bookings
- The UK Car Rental Industry Analysis to 2017 - Surging Car Rental For Corporate Purposes
More in-demand studies by the publisher can be found at Ken Research Private page.