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Global Luxury Car Rental Market Size study & Forecast, by Rental Type( Business, Leisure) by Booking Mode Type( Online, Offline), by End User (Self-Driven, Chauffeur-Driven), by Rental Length (Short Term, Long Term) and Regional Analysis, 2022-2029

April 2023 | 200 pages | ID: G413AB5F21F9EN
Bizwit Research & Consulting LLP

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Global Luxury Car Rental Market is valued at approximately USD 29.95 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.5% over the forecast period 2022-2029. Luxury car rentals are becoming more and more common. High-end vehicles can be rented from certain businesses or organizations for a price. Exotic car rentals are popular due to their luxurious transportation, flexibility in selecting from a range of models, and help in projecting the right image for specific occasions. The Luxury Car Rental Market is expanding because of factors such as the rise of Demand-Responsive Transport and the rising number of Air Travelers.

Luxury passenger and charter vehicles with features such as real-time feedback, vehicle tracking, and customer ratings are included in demand-responsive transportation services. Finding luxury vehicles and comparing pricing with the relevant car rental providers are made simpler by a variety of smartphone applications. Humax stated in February 2021 that it provides the WTC mobility service platform with the 'Auto Rent RAiDEA,' enabling customers to compare local taxi, luxury automobile rental, and ride-hailing pricing from many firms in one app. Additionally, GoAir and Eco Europcar had begun rental services in 100 Indian locations, including 25 airports, in April 2021. Additionally, GoAir will use Eco Europcar to provide chauffeur-driven vehicles in the mid-range to luxury car sectors. These exotic automobile rental organizations also offer a variety of services to their clients. As a result, the trend toward demand-responsive transportation is growing which is driving the market growth. In addition, digitization in the booking process, payment process, and management of luxury car rental is creating a lucrative growth to the market.

The key regions considered for the Global Luxury Car Rental Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominates the market in terms of revenue, owing to factors such as rising populations, an increase in the number of billionaires, geographic expansion of key players. Furthermore, North America is expected to grow at fastest rate owing to factors such as rising demand for luxury vehicles.

Major market player included in this report are:
Avis Budget Group
Sixt
Enterprise Holdings
Movida
Hertz
Localiza
Europcar Mobility Group
Car Inc.
EHi Car Services
Unidas

Recent Developments in the Market:
In June 2022, Starr Luxury, a high-end rental automobile company founded by Ikenna Ordor, announced its growth in the United States. Major cities such as Los Angeles, Miami, Houston, Atlanta, and Austin received announcements about the launch of their operations. One of the few companies of its kind with a partnership with five-star hotels is known as Starr Luxury.
In December 2021, The UAE's Ajman Public Transport Authority (APTA) announced the availability of vehicle rental services to promote the establishment of an egalitarian and comprehensive transportation system as part of the Emirate's Vision 2021. The modification aims to offer clients convenient access to high-quality services. This service, which is a component of high-end car rental services, was established by the Transport Authority's Vehicle Rental Section.

Global Luxury Car Rental Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Rental Type, Booking Mode type, End User, Rental Length, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Rental Typeofferings of key players. The detailed segments and sub-segment of the market are explained below:

Rental Type:
Business
Leisure
Booking Mode Type:
Online
Offline
End User:
Self-Driven
Chauffeur-Driven
Rental Length:
Short Term
Long Term

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Luxury Car Rental Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Luxury Car Rental Market, by Rental Type, 2019-2029 (USD Billion)
  1.2.3. Luxury Car Rental Market, by Booking Mode Type, 2019-2029 (USD Billion)
  1.2.4. Luxury Car Rental Market, by End User, 2019-2029 (USD Billion)
  1.2.5. Luxury Car Rental Market, by Rental Length, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL LUXURY CAR RENTAL MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL LUXURY CAR RENTAL MARKET DYNAMICS

3.1. Luxury Car Rental Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Rise of Demand-Responsive Transport
    3.1.1.2. Rising Number of Air Travelers
  3.1.2. Market Challenges
    3.1.2.1. High Deposit Amounts and Rental Costs
  3.1.3. Market Opportunities
    3.1.3.1. Digitization in the Booking Process, Payment Process, and Management of Luxury Car Rental
    3.1.3.2. Rising spending on travelling

CHAPTER 4. GLOBAL LUXURY CAR RENTAL MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL LUXURY CAR RENTAL MARKET, BY RENTAL TYPE

6.1. Market Snapshot
6.2. Global Luxury Car Rental Market by Rental Type, Performance - Potential Analysis
6.3. Global Luxury Car Rental Market Estimates & Forecasts by Rental Type 2019-2029 (USD Billion)
6.4. Luxury Car Rental Market, Sub Segment Analysis
  6.4.1. Business
  6.4.2. Leisure

CHAPTER 7. GLOBAL LUXURY CAR RENTAL MARKET, BY BOOKING MODE TYPE

7.1. Market Snapshot
7.2. Global Luxury Car Rental Market by Booking Mode Type, Performance - Potential Analysis
7.3. Global Luxury Car Rental Market Estimates & Forecasts by Booking Mode Type 2019-2029 (USD Billion)
7.4. Luxury Car Rental Market, Sub Segment Analysis
  7.4.1. Online
  7.4.2. Offline

CHAPTER 8. GLOBAL LUXURY CAR RENTAL MARKET, BY END USER

8.1. Market Snapshot
8.2. Global Luxury Car Rental Market by End User, Performance - Potential Analysis
8.3. Global Luxury Car Rental Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
8.4. Luxury Car Rental Market, Sub Segment Analysis
  8.4.1. Self-Driven
  8.4.2. Chauffeur-Driven

CHAPTER 9. GLOBAL LUXURY CAR RENTAL MARKET, BY RENTAL LENGTH

9.1. Market Snapshot
9.2. Global Luxury Car Rental Market by Rental Length, Performance - Potential Analysis
9.3. Global Luxury Car Rental Market Estimates & Forecasts by Rental Length 2019-2029 (USD Billion)
9.4. Luxury Car Rental Market, Sub Segment Analysis
  9.4.1. Short Term
  9.4.2. Long Term

CHAPTER 10. GLOBAL LUXURY CAR RENTAL MARKET, REGIONAL ANALYSIS

10.1. Luxury Car Rental Market, Regional Market Snapshot
10.2. North America Luxury Car Rental Market
  10.2.1. U.S. Luxury Car Rental Market
    10.2.1.1. Rental Type breakdown estimates & forecasts, 2019-2029
    10.2.1.2. Booking Mode Type breakdown estimates & forecasts, 2019-2029
    10.2.1.3. End User breakdown estimates & forecasts, 2019-2029
    10.2.1.4. Rental Length breakdown estimates & forecasts, 2019-2029
  10.2.2. Canada Luxury Car Rental Market
10.3. Europe Luxury Car Rental Market Snapshot
  10.3.1. U.K. Luxury Car Rental Market
  10.3.2. Germany Luxury Car Rental Market
  10.3.3. France Luxury Car Rental Market
  10.3.4. Spain Luxury Car Rental Market
  10.3.5. Italy Luxury Car Rental Market
  10.3.6. Rest of Europe Luxury Car Rental Market
10.4. Asia-Pacific Luxury Car Rental Market Snapshot
  10.4.1. China Luxury Car Rental Market
  10.4.2. India Luxury Car Rental Market
  10.4.3. Japan Luxury Car Rental Market
  10.4.4. Australia Luxury Car Rental Market
  10.4.5. South Korea Luxury Car Rental Market
  10.4.6. Rest of Asia Pacific Luxury Car Rental Market
10.5. Latin America Luxury Car Rental Market Snapshot
  10.5.1. Brazil Luxury Car Rental Market
  10.5.2. Mexico Luxury Car Rental Market
  10.5.3. Rest of Latin America Luxury Car Rental Market
10.6. Rest of The World Luxury Car Rental Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. Avis Budget Group
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Sixt
  11.2.3. Enterprise Holdings
  11.2.4. Movida
  11.2.5. Hertz
  11.2.6. Localiza
  11.2.7. Europcar Mobility Group
  11.2.8. Car Inc.
  11.2.9. EHi Car Services
  11.2.10. Unidas

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Luxury Car Rental Market, report scope
TABLE 2. Global Luxury Car Rental Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Luxury Car Rental Market estimates & forecasts by Rental Type 2019-2029 (USD Billion)
TABLE 4. Global Luxury Car Rental Market estimates & forecasts by Booking Mode Type 2019-2029 (USD Billion)
TABLE 5. Global Luxury Car Rental Market estimates & forecasts by End User 2019-2029 (USD Billion)
TABLE 6. Global Luxury Car Rental Market estimates & forecasts by Rental Length 2019-2029 (USD Billion)
TABLE 7. Global Luxury Car Rental Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Luxury Car Rental Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Luxury Car Rental Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Luxury Car Rental Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Luxury Car Rental Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Luxury Car Rental Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Luxury Car Rental Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Luxury Car Rental Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Luxury Car Rental Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Luxury Car Rental Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Luxury Car Rental Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Luxury Car Rental Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Luxury Car Rental Market
TABLE 72. List of primary sources, used in the study of global Luxury Car Rental Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES

FIG 1. Global Luxury Car Rental Market, research methodology
FIG 2. Global Luxury Car Rental Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Luxury Car Rental Market, key trends 2021
FIG 5. Global Luxury Car Rental Market, growth prospects 2022-2029
FIG 6. Global Luxury Car Rental Market, porters 5 force model
FIG 7. Global Luxury Car Rental Market, pest analysis
FIG 8. Global Luxury Car Rental Market, value chain analysis
FIG 9. Global Luxury Car Rental Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Luxury Car Rental Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Luxury Car Rental Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Luxury Car Rental Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Luxury Car Rental Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Luxury Car Rental Market, regional snapshot 2019 & 2029
FIG 15. North America Luxury Car Rental Market 2019 & 2029 (USD Billion)
FIG 16. Europe Luxury Car Rental Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Luxury Car Rental Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Luxury Car Rental Market 2019 & 2029 (USD Billion)
FIG 19. Global Luxury Car Rental Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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