Global Car Rental Market - Analysis 2013 - 2019
A car rental company gives automobiles on hire for a particular period of time for a fee. A car may be rented for a few hours or even for few months at a stretch. The global car rental market primarily serves people who temporarily need a vehicle.
Car rentals garner a lot of interest from customers going on vacation. It also serves as a good option when people need an extra vehicle just for a couple of days or when a customer’s own car is unavailable. From economy cars to luxury cars and SUVs – a variety of cars are available for rent and customers can pick an option that suits their requirement and budget. While some rental companies provide a driver, others have a self-drive option. Rates of hiring a car vary depending on a host of factors such as type of car, duration, day of the week, and location of the rental office. Similar to new cars, some rental firms too offer car insurance that covers features such as personal liability coverage, loss and collision damage waiver, and personal accident insurance.
Browse the full Car Rental Market report at http://www.transparencymarketresearch.com/car-rental-market.html Scope of the global car rental market
There are three broad sections of the global car rental business. They are further broken down into sub-segments.
Category: Outstation, local usage, airport transport and others (event transportation, self drive, and employee transportation solutions)
Type of car: Executive cars, luxury cars, MUVs, SUVs, and economy cars
Geography: Asia-Pacific, Europe, North America and Rest of the World
Green revolution and emerging business class driving the market
As car users and owners gained awareness about the environment and green revolution hit the automobile industry, car sharing and carpooling became a popular preference which has led to the growth of the car rental industry. This, coupled with factors such as the emerging business class in countries such as China and India, increasing
Car rentals garner a lot of interest from customers going on vacation. It also serves as a good option when people need an extra vehicle just for a couple of days or when a customer’s own car is unavailable. From economy cars to luxury cars and SUVs – a variety of cars are available for rent and customers can pick an option that suits their requirement and budget. While some rental companies provide a driver, others have a self-drive option. Rates of hiring a car vary depending on a host of factors such as type of car, duration, day of the week, and location of the rental office. Similar to new cars, some rental firms too offer car insurance that covers features such as personal liability coverage, loss and collision damage waiver, and personal accident insurance.
Browse the full Car Rental Market report at http://www.transparencymarketresearch.com/car-rental-market.html Scope of the global car rental market
There are three broad sections of the global car rental business. They are further broken down into sub-segments.
Category: Outstation, local usage, airport transport and others (event transportation, self drive, and employee transportation solutions)
Type of car: Executive cars, luxury cars, MUVs, SUVs, and economy cars
Geography: Asia-Pacific, Europe, North America and Rest of the World
Green revolution and emerging business class driving the market
As car users and owners gained awareness about the environment and green revolution hit the automobile industry, car sharing and carpooling became a popular preference which has led to the growth of the car rental industry. This, coupled with factors such as the emerging business class in countries such as China and India, increasing