An exciting new study from the team of Lucintel found that airport car rental market is expected to reach $63.4 billion by 2027 with a CAGR of 6.1%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The airport car rental market is segmented based on customer type, booking type, vehicle type, transmission, and region. In this market, leisure customer is expected to remain the largest customer type. Players can benefit from the available opportunities like increase in the volume of inbound and outbound tourists and expansion in the distribution network in suburban or under served areas.
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 Group, Avis Budget Group Inc., Europcar Mobility Group, Sixt SE, Localiza Rent a Car, Ichinen Holdings, Redcap Tour, and Empresas Tattersall are 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 airport car rental market by customer (business, leisure and other), by vehicle (luxury car, executive car, economy car, SUV’s, and MUV’s), 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.3 What are the business risks and threats to the airport car rental market?
Q.4 What are some changing demands of customers in the airport car rental market?
Q.5 What are the new developments in the airport car rental market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this airport car rental area 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 this airport car rental market?
This unique report from Lucintel will 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 www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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