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The electric car rental market is forecasted to grow by USD 18.00 billion during 2023-2028, accelerating at a CAGR of 16.68% during the forecast period. 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.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for rental cars due to rise in international tourism, need for optimum performance and reduction in emissions, and growing government regulations, incentives, and subsidies on EVs.
The electric car rental market is segmented as below:
By Type
- Economy cars
- Luxury cars
By Distribution Channel
- Offline
- Online
By Geography
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the electric car rental market covers the following areas:
- Electric car rental market sizing
- Electric car rental market forecast
- Electric car rental market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global electric car rental market: Avis Budget Group Inc., Blu Smart Mobility Pvt. Ltd., Blue Cars Ltd., Current Vehicles Ltd., DriveElectric, Enterprise Holdings Inc., Envoy Technologies Inc., ETO Motors Pvt. Ltd., Evoke Pty Ltd., Green Motion International, Hertz Global Holdings Inc., Plug N Drive, SIXT SE, Stellantis NV, UFODrive SA, Volkswagen AG, Volt Age Hire, Wattacars, ZERO Carbon Technologies Inc., and Zoomcar India Pvt. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological advancements in battery technology."
According to the report, one of the major drivers for this market is the increasing demand for rental cars due to rise in international tourism.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Avis Budget Group Inc.
- Blu Smart Mobility Pvt. Ltd.
- Blue Cars Ltd.
- Current Vehicles Ltd.
- DriveElectric
- Enterprise Holdings Inc.
- Envoy Technologies Inc.
- ETO Motors Pvt. Ltd.
- Evoke Pty Ltd.
- Green Motion International
- Hertz Global Holdings Inc.
- Plug N Drive
- SIXT SE
- Stellantis NV
- UFODrive SA
- Volkswagen AG
- Volt Age Hire
- Wattacars
- ZERO Carbon Technologies Inc.
- Zoomcar India Pvt. Ltd.
