Car Rentals: Global Markets to 2023

Report Code: EGY156A

Publish Date: Jul 2019

Publisher: BCC Publishing

Category: Energy

Customize This Report

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The global market for car rentals should grow from $62.0 billion in 2018 to reach $82.8 billion by 2023 at a compound annual growth rate (CAGR) of 5.9% for the period of 2018-2023.

Report Includes

  • 15 data tables and 42 additional tables
  • An industry analysis of the global car rental market
  • Analyses of global market trends, with data from 2017, 2018, and projections of compound annual growth rates (CAGRs) through 2023
  • Information on how new technology will create additional revenue and new product categories or bring new life to existing products
  • Characterization and quantification of the market potential for global car rental market by vehicle types, major geographies, end users and technology types
  • A relevant patent analysis
  • Profiles of major players in the industry including, Easy Taxi, Nissan Car Solutions Co. Ltd., Ola Cabs, Taxify OU and Uber Technologies Inc.

Report Scope

Car rental includes four main categories: compact, executives, SUV and hybrid/electric. Compact cars are small, low cost vehicles that carry a small number of passengers. Executive models are plusher and carry more individuals. Individuals offer renters a mix of comfort and size. Hybrid/electric vehicles do not run solely on gasoline.

This report examines the technologies, markets and factors influencing the markets for car rental systems. Markets are forecast based on historical activity and current opportunities, technical advances and challenges, and various geographic subsets of the market: North America, Europe, Asia-Pacific and South America.

The forecasts presented are for the total available markets. Discussion is provided that compares actual revenues with market potential. Markets are broken down by car type and then discussed within the context of technology trends. A detailed analysis of the market potential is used as a basis for estimating the world markets for these products. Thorough analyses are carried out of car rental practices, along with trends toward the uptake of solution costs, emerging standards and common practices.

Prime decision makers in the project chain who select the type of cars are identified. Factors influencing the requirements and purchases for the systems are examined, as are national and international responses to global challenges.

In this report, the car rental market is segmented into four areas: compact, executive, SUV and hybrid/electric. The sales are then broken up by geographic areas. A section focused on ride sharing and its impact across the globe is also included in the report.

The car rental market is fragmented. In North America and Europe, it is a mature market that is growing at a low single-digit rate. Competition is fierce in established market and increasing in less established ones, which will spark innovation and new use of technology for competitive advantage.

Need pricing for multiple titles, a complete report bundle, or something specially curated to fit your budget? EXPLORE OFFERS

Analyst Credentials

Paul Korzeniowski is a market research analyst and building automation consultant with more than two decades of experience. His work has centered on determining major market trends in the development of new networking standards, integration of building systems and the emergence of new technologies such as wireless communications. He has authored reports on markets for building automation systems for a wide variety of publications, including Investor's Business Daily, Business 2.0 and EnergyBiz.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Car Rentals: Global Markets to 2023134Free
Chapter- 1: Introduction5Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Market and Technology Background37Free
Chapter- 4: Company Profiles90Free

Related Reports

Electric Vehicles and Fuel Cell Vehicles: Global Markets

Published - Aug 2024 | Publisher - BCC Publishing | Code - FCB040F

The global market for electric vehicles and fuel cell vehicles was valued at $655.9 billion in 2023. The market is expected to grow from $758.0 billion in 2024 to $1.8 trillion by 2029, at a compound annual growth rate (CAGR) of 18.6% from 2024 to 2029.

Passenger Car Telematics: Global Market for Services and Solutions

Published - Mar 2023 | Publisher - BCC Publishing | Code - IAS195A

The global passenger car telematics market should reach $99.3 billion by 2027 from $53.9 billion in 2022 at a compound annual growth rate (CAGR) of 13.0% for the forecast period of 2022 to 2027.

Global Commercial Vehicle Telematics Market: OEM and Aftermarket

Published - Dec 2022 | Publisher - BCC Publishing | Code - IAS194A

The global commercial vehicle telematics market should reach $81.5 billion by 2027 from $36.9 billion in 2022 at a compound annual growth rate (CAGR) of 17.2% for the forecast period of 2022 to 2027.

Global Automotive Telematics Market: Embedded,Tethered and Integrated Connectivity

Published - Nov 2022 | Publisher - BCC Publishing | Code - IAS192A

The global market for automotive telematics is estimated to grow from $99.6 billion in 2022 to $204.2 billion in 2027, with a compound annual growth rate (CAGR) of 15.4% for the period of 2022-2027.

Track the Latest Global Tariff Developments

In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.

Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.

Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.

With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.

Ready to see what tariff means for your business?

Consult with our experts or request your custom Tariff Impact Brife today

Stay Informed, Stay Competitive

In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.

Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.

Our analysis includes:

  • Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
  • Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
  • Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.

With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.

Don't let tariffs catch you off guard—let our insights guide your strategy.

This is an Excel-only version of the report.

Report Includes

    Total Number of Tables in this Report: 57

  • Summary Table: Global Market for Car Rentals, by Region, Through 2023
  • Table 1: ACRISS Car Categories
  • Table 2: Top Five Car Rental Companies Globally, 2018
  • Table 3: North American Market for Compact Car Rental Services, Through 2023
  • Table 4: Top Five North American Compact Car Rental Companies, 2018
  • Table 5: European Market for Compact Car Rental Services, Through 2023
  • Table 6: Top Five European Compact Car Rental Companies, 2018
  • Table 7: Asia-Pacific Market for Compact Car Rental Services, Through 2023
  • Table 8: Top Five Asia-Pacific Compact Car Rental Companies, 2018
  • Table 9: South American Market for Compact Car Rental Services, Through 2023
  • Table 10: Top Five South American Compact Car Rental Companies, 2018
Sample Report

Recent Reports

Global White Hydrogen Market

Published - Jun 2025 | Publisher - BCC Publishing | Code - EGY203A

The report provides an analysis of the global market for white hydrogen. Using 2024 as the base year, the report provides estimated market data for 2025 through 2030. The market in this report is segmented into by source, by application, and by region. The report concludes with profiles of the major players in the market.

Renewable Energy Regional Analysis Market: Middle East and North Africa

Published - Jun 2025 | Publisher - Kunal Nagpure | Code - EGY204A

This report provides an in-depth analysis of the renewable energy market in the Middle East and North Africa (MENA) region, using 2024 as the base year and forecasting trends from 2025 to 2030, with estimations of compound annual growth rates (CAGR).

Electrical Switches: Technologies and Global Markets

Published - May 2025 | Publisher - BCC Publishing | Code - EGY145B

The global market for electrical switches is expected to grow from $16.0 billion in 2025 and is projected to reach $20.8 billion by the end of 2030, at a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2025 to 2030.

2024 Sustainable Energy Research Review

Published - Apr 2025 | Publisher - BCC Publishing | Code - EGY202A

The Energy industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years. This report provides a sampling of the types of quantitative market information, analysis and guidance that has been aiding business decision making since the inception of BCC Research in 1971.

Renewable Energy: Technologies and Global Markets

Published - Apr 2025 | Publisher - BCC Publishing | Code - EGY049F

The global market for renewable energy is estimated to increase from $1.3 trillion in 2024 to reach $2.0 trillion by 2029, at a compound annual growth rate (CAGR) of 8.7% from 2024 through 2029.

Top Trending Reports

Next-Generation Advanced Batteries: Global Markets

Published - May 2025 | Publisher - BCC Publishing | Code - FCB062B

The global market for next-generation advanced batteries is estimated to grow from $1.5 billion in 2024 to reach $5.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 28.5% from 2024 through 2029.

Global Pharmaceutical Drugs Industry: Competitive Landscape 2023

Published - May 2025 | Publisher - BCC Publishing | Code - PHM263B

This report discusses the global pharmaceutical drugs industry and its competitive landscape in terms of significant player market ranking and top pharmaceutical drugs. Company profiles of the top 50 pharmaceutical companies, innovative products and technologies, trends and market dynamics, competitive intelligence, and regional trends are well-researched and analyzed in this report.

Global Markets and Manufacturing Technologies for Protein Drugs

Published - Apr 2025 | Publisher - BCC Publishing | Code - BIO021G

The global protein drugs market is expected to grow from $441.7 billion in 2024 and is projected to reach $655.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.2% during the forecast period of 2024 to 2029.

Biologic Therapeutic Drugs: Technologies and Global Markets

Published - May 2025 | Publisher - BCC Publishing | Code - BIO079F

The global market for biologic therapeutic drugs is estimated to increase from $499.2 billion in 2024 to reach $794.5 billion by 2029, at a compound annual growth rate (CAGR) of 9.7% from 2024 through 2029.

Global Markets for Emerging Medical Device Technologies

Published - Mar 2025 | Publisher - BCC Publishing | Code - HLC191C

The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Car Rentals: Global Markets to 2023
Customize Report