Car Rental in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Car rental refers to the short-term hiring of a motor vehicle from one party to another, typically excluding taxis. Our market scope includes only self-driven, short term (i.e., less than 1 year) car rental data. It excludes leasing or rental of cars for more than one year and the chauffeur driven cars/cabs.
- The US car rental market recorded revenues of $42.48 billion in 2023, representing a compound annual growth rate (CAGR) of 6.9% between 2018 and 2023.
- Market volume increased with a CAGR of 2.2% between 2018 and 2023, to reach a total of 25,06,680 car fleet in 2023.
- The US market accounted for 93.2% of the North American car rental market.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in the United States
- Leading company profiles reveal details of key car rental market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States car rental market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the United States car rental market by value in 2023?
- What will be the size of the United States car rental market in 2028?
- What factors are affecting the strength of competition in the United States car rental market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States's car rental market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Enterprise Holdings Inc
- Hertz Global Holdings Inc
- Booking Holdings Inc
- Avis Budget Group Inc
