Electric Car Rental Market is Going To Boom | BlueIndy, Enterprise Holdings, ER Travel Services

Research Reports

Dec 20, 2021

Past few decades have observed high growth in Electric Vehicle Sales across the globe, Electric Vehicle Manufacturers are heavily invested in Research & Development in order to deliver Efficient & Sustainable electric cars. This has derived growth potential for Electric Car Rental services. Major players have been successful in Market penetration for Electric Car Rental, despite presence of industry giants some regions remain unexplored. Car rental business has observed an exponential growth in the recent years. The Integration of ordinary car rental with electric cars will not only generate profits but also, serve the environmental challenge.

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The Electric Car Rental Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

Major Players are:

Avis Budget Group Inc. (United States), BlueIndy LLC (United States), Enterprise Holdings Inc. (United States), ER Travel Services Ltd. (United Kingdom), Europcar Mobility Group SA (France), Fleetdrive Management Ltd. (United Kingdom), Green Motion International (United Kingdom), Sixt SE (Germany), The Hertz Corp. (United States), Wattacars (Spain)

NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

The titled segments and sub-section of the market are illuminated below:

Type (Economy cars, Luxury cars), Schedule (Pre-Booked, On-Demand), Booking (Application, Website, Walk-in, Call), Distance (Intercity, Long trip)

Market Trends:

Increasing Demand for Sustainability

Innovation in Automobile Industry

Market Drivers:

Growth in Tourism Industry

Regulations for Environment Friendly Alternatives

Electricity Cheaper than Fuel

Challenges:

Increasing Number of Startups in the Car Rental Business

Longer Break-Even Period

Opportunities:

Growing Penetration of Rental Services

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Extract from Table of Content:

Chapter 01 – Executive Summary

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

Chapter 04 – Covid-19 Crisis Analysis on Global Electric Car Rental Market

Chapter 05 – Global Electric Car Rental Market – Pricing Analysis

Chapter 06 – Global Electric Car Rental Market Background

Chapter 07 — Global Electric Car Rental Market Segmentation

Chapter 08 – Key and Emerging Countries Analysis in Global Electric Car Rental Market

Chapter 09 – Global Electric Car Rental Market Structure Analysis

Chapter 10 – Global Electric Car Rental Market Competitive Analysis

Chapter 11 – Assumptions and Acronyms

Chapter 12 – Research Methodology

What are the market factors that are explained in the Electric Car Rental Market report?

– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.

– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.

– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Questions Answered in the Report:

How much is the Electric Car Rental MarketWorth?
What is the Growth Rate of the Electric Car Rental Market?
Which Segment ofthe Electric Car Rental to Hold the Highest Market Share?
Which Segment ofthe Electric Car Rental Market to Witness Fastest Growth Rate?
Which Region to Hold the Biggest Market Share?
Who are the Key Players of the Electric Car Rental Market?

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