7% of the global light-duty vehicle (LDV) fleet in 2020 to 31% in 2050, reaching 672 million EVs, predicts the US Energy Information Administration ( EIA ). The market is projected to grow from USD 28. Market Growth Drivers: – Growing demand for a flexible alternative to owning a car without any ties or liability. NEW YORK, Aug. The electric car rental market size is estimated to grow at a CAGR of 12. Canada Electric Car Market volume was 38576. That’s a huge decline from. e. The size of the market is forecast to increase by USD 11,246. The UAE electric vehicle market would register growth during the forecast period on account of an increase in tourist footfall in the country which is going to expand the car rental business in the emirates, coupled with domestic. The past year was a pivotal one, with many important achievements across the disruptive dimensions of mobility: autonomous driving, connectivity, electrification, and shared mobility (ACES). Car rental is a service that offers a platform to rent a car for a short time at affordable rates. Electric Car Rental Market was valued at USD 9. According to the research report, Europe Car Rental Market Outlook, 2028 the market is anticipated to add market size of USD 17. 5% according to RationalStat. 2021-2025. 2 days ago · Electric vehicle sales are expected to hit a record 9% of all passenger vehicles in the U. 2% in terms of revenues during 2022-2028. 0. com 📞 +1 (855) 661-4441(US) 📞. Chapter 2: Exclusive North America accounted for the largest share in the Electric Car Rental market in 2022 owing to the increasing collaboration activities by key players over the forecast. 18 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9. That is just 5% of total car sales, but it shows we're already entering the steep part of the S. The analysts forecast the global electric car rental market to grow at a CAGR of 11. 36% over the forecast period. 6%. NEW YORK, June 22, 2021 /PRNewswire/ — The global electric car rental market is poised to grow by USD 7. , BlueIndy LLC, and Enterprise Holdings Inc. New York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “ Electric Car Rental Market Information by Vehicle Type,. 7%. 2. 1 billion by 2030, with a CAGR of 6. Electric Car Rental Market Trends, Growth Opportunities, and Forecast Scenarios to 2028 Lockdowns across the globe in 2020 and continuing restrictions in 2021 disrupted the. Our report on the electric car rental market provides a holistic analysis, market size and forecast, trends, growth. com's offering. Page number. The Global Electric Car Rental market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. Read More. Download. The Electric Car market was estimated to be. 08, 2021 (GLOBE NEWSWIRE) -- Car Rental Market Analysis/Car Rental Market Trends. Global sales will miss pre-pandemic levels, with just 3% more new cars and 1% more commercial vehicles sold than in 2023. 120. 28 billion in 2021, and it is expected to reach USD 223. The 2. The economic growth for 2020 was the weakest since the 1998 Asian financial crisis. 01 billion in 2020, and is projected to reach $823. At 24. . North America accounted for the highest share in the global car rental market in 2019, in terms of revenue, and LAMEA is anticipated to exhibit remarkable growth rate during the. The electric car rental market size is estimated to grow at a CAGR of 12. 50 billion in 2022 to $9. The reports further project the market to attain a valuation of around USD 10,111. Page number. The electric car rental market has witnessed significant growth in recent years, driven by the rising demand for eco-friendly transportation solutions and the increasing popularity of electric vehicles (EVs) worldwide. 13, 2022 (GLOBE NEWSWIRE) -- The global car rental market size was worth at around US$ 102. The global electric scooters market size was estimated at USD 33. 17 billion by 2028, registering a CAGR of 4. NEW YORK, Jan. 54 billion in 2022. announced that it had delivered 20 range-extended electric vehicles (R-EVs) to M93 Car Rental L. and Y-o-Y Growth 4. Click on image to enlarge:The Thailand Car Rental Market is valued at USD 811. 7% from 2021 to 2028. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. 92 billion in 2019 and is projected to reach $214. Advance Market Analytics published a new research publication on "Electric Car Rental Market Insights, to 2026" with 232 pages and enriched with self-explained Tables and charts in presentable format. 47 Million in 2021 and is expected to reach USD 1261. New York, US, May 01, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “Truck Rental Market Information by Truck Type, Lease Type, and Region. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 2. In July of 2021,. Car rental is a service that offers a platform to rent a car for a short time at affordable rates. 9% from 2021 to. 24 billion in 2021 to USD 137. Moreover,. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 1. 55 billion in 2028 at a CAGR of 6. According to Precedence Research, the car rental market size is expected to hit around US$ 186. 48 billion in 2023 to USD 1,579. Jan 19, 2023 (Heraldkeepers) -- New Jersey, United States– Infinity Business Insights provides a report on the Electric Car Rental market that has a variety. 053 billion in 2019. 11, 2023-- According to Technavio, the global electric car rental market size is estimated to grow by USD 11,246. Global electric car rental market - Five forces. com's offering. 14 billion during 2020-2024, progressing at a CAGR of over 11% during the. 64% during the forecast period. 7% between 2016 and 2020. 75 billion by 2030, registering a CAGR of 18. The report offers an up-to-date analysis regarding the cur…The company plans to have 25% of its 500,000 vehicle fleet be electric by the end of 2024, up from 10 percent now, as it accelerates purchases under its deals to buy 330,000 vehicles from Tesla. March 20, 2023 13:18 ET | Source: Vantage Market Research. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. 65 mn during 2022-2027, accelerating at a CAGR of 12. The global electric car rental market size is expected to grow from $8. Electric Car Rental Market Highlights Market Research Future (MRFR) expects the Electric Car Rental Market to expand to a size of approximately USD 15 Billion by 2025-end. Details. The market is projected to grow from USD 28. 24 billion in 2021, and is anticipated to keep leading over the projected period. The demand for car rental services is being driven by a significant uplift in the number of people traveling for both business and pleasure all over. 5% CAGR during the 2023 to 2029 assessment period. Apr 19, 2023 (The Expresswire) -- "Electric Car Rental Market" 2023-2030 | [120] | Delivers a In-depth analysis of industry Demand with analysis of leading. New Jersey, NJ — — 05/18/2022 — The Latest research study released by HTF MI "Global Electric Car Rental Market Growth (Status and Outlook) 2022-2030" with 101+ pages of analysis on business. WASHINGTON, March 20, 2023 (GLOBE NEWSWIRE) -- Global Car Rental Market is valued at USD 98. 0 billion by the next 5 years, registering a CAGR of 11% during the forecast period. 2% from 2020 to 2025. 7% from 2020 to 2027. The Electric Car Rental Market research 2022-2028 offering the complete outlook of market size, share and growth opportunities, industry segmentation by product type, applications and geographical. 21 billion by. Research Methodology. They accounted for 88. 8, 2022 /PRNewswire/ -- The electric car rental market is fragmented. With many countries getting plugged into electrification, the global EV market has seen exponential growth over the last decade. 42 Billion by the end of 2030. The market value is slated to rise from USD 82. Germany car rental was valued at USD 2. The COVID-19 pandemic caused the region's vehicle rental market to slow down completely due to the sudden and complete suspension of. Car Rental Market Size to Hit USD 144. 23 Sep, 2021, 05:05 ET. The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032. 157. The Australian car rental market had total revenues of $584. 65 mn during 2022-2027, accelerating at a CAGR of 12. The report offers an up-to-date analysis regarding the cur…Pricing Details. 5% in terms of fleet size from leasing segment and 4. 89 billion in 2022 to USD 214. 1. Advance Market Analytics published a new research publication on “Electric Car Rental Market Insights, to 2026″ with 232 pages and enriched with self-explained Tables and charts in a. The global electric bike market was estimated to generate USD 14,404. The market is predicted to grow at a healthy pace in the coming years. The global impact of COVID-19 has been unprecedented and staggering, with golf cars witnessing a negative demand shock across all regions amid the pandemic. 9 billion in 2022. Car rental market growth accelerated by rising growth of the travel and tourism sector and increased awareness about electric mobility servicesNew York, US, April 30, 2023 (GLOBE NEWSWIRE. 75 billion by 2030, registering a CAGR of 18. The global electric car rental market is forecast to grow by. The market was negatively impacted by COVID-19 in the first half of 2020. Close. 4% in the 2021-2028 period. The global carsharing market size stood at USD 6,395 million in 2022, and it is predicted to reach USD 9,957 million by 2030, advancing at a CAGR of 5. The electric car-rental market is projected to reach $19 billion (€19. Dublin, Nov. Follow. The report titled “Philippines Car Rental, Car Leasing, Cab Aggregator and Yellow Taxi Market Outlook to 2023 – Driven by Planned Fleet Addition and Growth in Tourism and Construction Sector” provides a comprehensive analysis on the car rental market of the Philippines. com Website: LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car rental market and it is poised to grow by USD 7. The growth potential for the EV rental market is high, clearly driven by the need to cut emissions. The global car rental market size was valued at $92. 11% through 2028 on account of country's increasing domestic automobile market and increased exports. This press release was orginally distributed by SBWire New Jersey, USA — (SBWIRE) — 05/10/2022 — Advance Market Analytics published a new research publication on "Electric Car Rental Market. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. 65 billion by 2030, exhibiting a CAGR of 4. The global car rental market is estimated to garner a revenue of USD 250 billion by the end of 2033 by growing at a CAGR of ~10% over the forecast period, i. 40 billion in 2022 to $15. 5 billion in 2019 to 10. The Electric Car Rental Global Market Report 2023, provides comprehensive information on the electric car rental market across 60+ geographies in the seven regions — Asia-Pacific, Western Europe…According to industry estimates the Electric Car Rental market growth is projected to expand between 12. Chapter 1: Electric Car Rental Market Product Definition, Product Types, Volume, and Revenue Analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. 5% from 2023 to 2030. 4 Billion in 2021 and is projected to. 44 billion by 2027 end, registering a solid CAGR growth of 13. Growth momentum & CAGR. This study examines the current state and future prospects of the global Electric Car Rental Market 2023 over the study period. The new electric car rental market research from Technavio indicates Negative growth in the short term as the business impact of COVID-19 spreads. The Car Rental. , 2023-28. A comprehensive addition of several factors such as global distribution, manufacturers,. The Market Outlook. 91 billion in 2023 at a compound annual. 42 Million by 2027 registering a CAGR of over 9. The car rental industry has undergone a drastic transformation over the past few. Recreational Vehicles (RVs) are portable units mounted on chassis and wheels. The market is projected to grow from USD 728. Car rental & leasing refers to the industry that provides vehicles to customers for short-term rentals or. NEW YORK, June 22, 2021 /PRNewswire/ -- The global electric car rental market is poised to grow by USDLONDON--Technavio has been monitoring the electric car rental market and it is poised to grow by USD 7. The report shows that electric vehicles (EVs) currently make up only 3% of car sales worldwide. Market consumption volumes declined with a CARC of -6% between 2016 and 2020, to reach a total fleet size of 73,400 in 2020. altered Customer Preference from Public Transport to Personal Cars owing to Covid-19” observed that UAE car rental and leasing market is in a growth phase, and. Accelerate at a CAGR of 11. 03% during the forecast period. Electric vehicles are gaining popularity and market share. Against this backdrop of sluggish sales in 2019, the 2. The global car rental market was worth around USD 87. 11, 2023 /PRNewswire/ -- According to Technavio, the global electric car rental market size is estimated to grow by USD 11,246. 2020-2025 Global Electric Car Rental Market Report – Production and Consumption Professional Analysis (Impact of COVID-19) is latest research studyMar 10, 2023 (The Expresswire) -- "Final Report will add the analysis of the impact of COVID-19 on this industry. This kicked off a price war in the segment that dragged down the value of new EVs from Ford and GM. In 2022, the market is growing at a steady rate and with the. 771 million in 2020. The investments in the car-sharing market, at approximately $3 billion, are small compared with investments in e-hailing. Furthermore, by 2027, car rental industry statistics predict that the market will have increased by 3. WASHINGTON, Oct. The Electric Car Rental covers vital information on applications, categorization, predicted growth patterns, supply chain, financial and economic terminology, and numerous other market aspects. Shift towards Electric/Hybrid. 64% during the forecast period. Additionally, the rising number of foreign tourists in the country is. Related Reports. The UAE Electric Vehicle Market size is projected to grow at a CAGR of 24. 47 billion in 2018 and opportunities are poised growing with a compound annual growth rate (CAGR) of 11. 84 billion in 2021. These companies also tried to employ the franchise. The Europe car rental market is projected to exhibit a growth rate (CAGR) of 12. 4 million by 2027, increasing from $92,252. Frequent suspension of public transport systems coupled with the highly contagious nature of the virus propelled the need for passenger cars. Ola Bikes, Uber, Rapido, and Zoomcar are some of the very successful Indian ridesharing startups. 8 million in 2022. According to our primary respondents’ research, the Electric Car market is predicted to grow at a CAGR of roughly 19% during the forecast period. The report also provides and outlook on key market trends and leading players. The report offers an up-to-date analysis regarding the. The target market holds nearly a. 92 billion in 2019 and is projected to reach $214. 4 Billion in 2021 and is projected to. Forecast Period. 01 billion in 2020, and is projected to reach $823. Our report on the electric car rental market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor. 7 Billion by 2028, exhibiting a growth rate (CAGR) of 3. The cost-effective and convenient mobility service, the growing concerns over greenhouse gas emissions, and the government policies encouraging the adoption of carsharing. The increase in technological advancements is driving the growth of car. Pune, India, April 19, 2021 (GLOBE NEWSWIRE) -- According to the report, Car Rental Market size is projected to reach USD 144. New York, June 21, 2021 (GLOBE NEWSWIRE) -- Electric Car Rental Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Electric Car Rental Market. UK: forecast public charging revenue per electric vehicle 2016-2027. 64% between 2022 and 2027. 5 million, throughout the analysis period. 6 billion by 2028, with a compound annual growth rate (CAGR) of approximately 6. 64% during the forecast period. 36 billion in 2021 and is forecast to register a CAGR of 7. L. 67 billion in 2020, growing at a CAGR of 6. 13, 2021 (GLOBE NEWSWIRE. 43 billion in 2028 at a CAGR of 25. According to the research report, Europe Car Rental Market Outlook, 2028 the market is anticipated to add market size of USD 17. 1 billion by 2026, at a CAGR of 16. As for South America and Middle East & Africa , the construction equipment rental market is emerging. In UAE Electric Car Market the rising price of fuel is factor driving the growth of the electric car market in the UAE. usage of the Battery based electric vehicles into the industrial perspective of operations and within the Global Electric car rental market. The African market for electric car rental services can perform well in the ensuing years, all because of the favorable growth of the tourism industry. 1 billion by 2032, growing at a CAGR of 6. The Global Electric Car Rental Market is expected to grow at a 15% CAGR and is estimated to be worth USD 20. The electric-vehicle land grab is reshaping economies and challenging political allegiances. Electric Car Rental Market is poised to grow at a CAGR of 14. The reports further project the market to attain a valuation of around USD 10,111. Other factors that help in the growth of this market are an expansion of fleet sizes, a. Strategic collaborations among the market. 2021-2025. 2 million in 2021, up 1. 89 billion in 2022 to USD 214. As…Europe Vehicle Rental Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023-2028). The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least. 18 trillion during 2021-2025, progressing at a CAGR of. 1 million, light-duty vehicles accounted for 9 out of every 10 motor vehicles registered in 2021, with passenger cars remaining the most common type. Car rental market growth accelerated by rising growth of the travel and tourism sector and increased awareness about electric mobility services April 30, 2023 20:19 ET | Source: Market Research FutureVantage Market Research. Follow. Electric Car Rental Market Statistics The global electric car rental market size is expected to grow from $8. 54 billion in 2022. The Car rental market accounted for USD 119. The growth of the electric car rental market can be attributed to the rise in demand for eco-friendly vehicles and the decrease in the cost of ownership. " Global "Electric Car Rental Market" [NEW. Automobile Rental & Leasing Market Analysis. 000 billion. Reserve today. 24 billion in 2021 to USD 137. Premium Statistic Retail market share of car brands in Indonesia 2022 Current development Premium Statistic Market share in automotive industry of Astra International in Indonesia 2022, by typeIn 2019, the electric bicycle market was estimated at $15. To develop this. 3. 4% during 2021-2026. The Electric Car Rental market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026. 72 billion by 2030, exhibiting a CAGR of 15. Snapshot Table of contents Methodology Electric Car Rental Market Report 2023-2027 The electric car rental market size is estimated to grow at a CAGR of 12. The global Electric Car Rental market is highly competitive and consists of a limited number of providers who compete among each other. 6. The potential growth difference for the electric car rental market between 2020 and 2024 is USD 7. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for Electric Car Rental market growth. The Global Electric Car Rental Market will grow by $7. 00% during the forecast period (2023 - 2032). The. 030 billion by 2026, from US$1. 14 billion during 2020-2024. LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car rental market and it is poised to grow by USD 7. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. The global electric car rental market is set for an electrifying surge, projecting growth from $8. Official forecasts for electric car take-up have been slashed. The Global Car Rental Market size is expected to be worth around USD 275 Billion by 2032, From USD 121. 9% from 2021 to. Prior to COVID-19, the car rental industry in Thailand was expanding steadily and profitably, and more individuals were hiring cars than in prior years. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. A detailed market share and penetration of different types, processes, and geographies in the Electric Car Rental market from 2001 to 2028 is included. New York, US, May 01, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “Truck Rental Market Information by Truck Type, Lease Type, and Region. The segment value, growth, revenue, and demand in the market. Global Luxury Car Rental Market Size Worth 84. , 2022 – 2030. 65 mn during 2022-2027, accelerating at a CAGR of 12. 57 billion in 2030, with a CAGR. com Website: York, US, May 01, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “Truck Rental Market Information by Truck Type, Lease Type, and Region - Forecast till 2030", The truck rental market can expect to go from USD 107. 50 billion in 2022 to $9. Opportunities, 2018-2028 The Indonesia Tire Market was valued USD3. The Global Electric Car Rental Market is expected to grow at a CAGR of 9. 01% during the period 2017-2021. 5 billion by 2033. The market is projected to grow from USD 43. that we believe will shape the market over the coming decade. China, with 4. The rising levels of carbon emissions and other harmful gases stemming from transportation have triggered the necessity of adopting electric. S. Report Coverage. NEW YORK, March 9, 2022 /PRNewswire/ -- As per Zion Market Research study, The global car rental market was worth about USD 87. New York, March 09, 2020 (GLOBE NEWSWIRE) -- Reportlinker. The COVID-19 pandemic hindered the growth of the car rental market owing to travel restrictions and the shutdown of several tourist agencies and car. Fully considering the economic change by. 2 days ago · OBR analysis suggests higher energy prices and interest rates could reduce proportion of new cars sold that are electric from 67% to 38% Gwyn Topham and Jillian Ambrose Wed 22 Nov 2023 13. Fortune Business Insights™ presented this information in an upcoming report, titled, “Luxury Car Rental Market Size, Share & Industry Analysis, By Rental Type (Business, Leisure), By Booking. The global impact of COVID-19 has been unprecedented and staggering, with the market in the United States witnessing a negative demand. Details. Forecast period. The global commercial vehicle rental and leasing market size was valued at USD 77. Economy & mid-sized sedans and compact SUVs accounted for around 80% of the combined rental and lease fleet. 91 billion in 2023 at a compound annual growth rate (CAGR) of 16. Using public transportation can become time-consuming and unpredictable. Pune, Feb. The Electric Car Rental market industry is projected to grow from USD 11. Moreover, the growth momentum will progress. Our report on the electric car rental market provides a holistic analysis, market size and forecast, trends,. The research report also covers the. The global demand for Electric Car Rental Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Rent growth is predicted to outpace home sales price growth in 2022, and in some markets, renting may become the less-affordable option. Shift towards Electric/Hybrid. In January 2022, In the United Kingdom, the London Electric Vehicle Company (LEVC). METHODOLOGY. The Australian car rental market had total revenues of $584. 1% market share. In 2011, around 55,000 electric vehicles (EVs) were sold around the world. The global Car Rental Market is expected to grow at a compound annual growth rate (CAGR) of 7% from 2019 to 2026. 4 billion in 2021 and is estimated to grow to about USD 132. Car Rental Market Size was valued at USD 107. Global Electric Car Rental Market Growth (Status And Outlook) 2023-2029. Cars owing to Covid-19” observed that UAE car rental and leasing market is in a growth phase, and is recovering strongly from the economic crisis after pandemic. 4 Billion in 2021 and is expected to reach a value of USD 126. The rising levels of carbon emissions and other harmful gases stemming from transportation have triggered the necessity of adopting electric. Basis Point Share (BPS. 22% during the forecast period, 2022-2027. New York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “ Electric Car Rental Market. Western Europe is projected to account for 44% of car rental. In 2019, electric-vehicle (EV) sales set another sales record globally, and EVs became much more prominent in the public awareness in major. The India car rental market is projected to grow at a CAGR of 9. This growth is mainly due to the increasing adoption of electric bikes as a mode of transportation on a daily basis globally. 59 billion by 2030 from valued at US$ 95. The Car rental market accounted for USD 119. 90 billion by 2028. Key takeaways. 4% from 2021 to 2030. The market is projected to grow from USD 48. 1% during the forecast period (2022 - 2030). 67 billion in 2020, growing at a CAGR of 6. 46 billion by 2029, exhibiting a CAGR of 6. 21 Billion value by 2027, exhibiting a CAGR of 6. 14 bn during 2020-2024, progressing at a CAGR. DUBLIN--(BUSINESS WIRE)--The "Global Electric Car Rental Market 2021-2025" report has been added to ResearchAndMarkets. Growth momentum & CAGR. Overall, the price war has brought down the average price. 6%. 54 billion in 2022. 18 trillion between 2020 and 2025, accelerating at a CAGR of almost 12%, according to Technavio's. Chapter 3: Electric Car Rental Market Historical (2023-2030) and Forecast (2023-2030) Volume and revenue analysis of Electric Car Rental Market in North America, Europe, Asia-Pacific, Latin. New Jersey, NJ -- -- 07/22/2022 -- The Latest research study released by HTF MI "Global Electric Car Rental Market Growth (Status and Outlook) 2022-2030" with 101+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers,. In 2022, the. The electric car rental market size is estimated to grow at a CAGR of 12. Experts say the rental car industry trend reflects America’s broader societal shift toward electric cars. 92 Billion in 2022 and is expected to. However, the market remains very fragmented and the top 8 players account for a little over one-fourth of the market. Car Rental Market Outlook (2023 to 2033) The global car rental market is predicted to expand at an impressive CAGR of 9. 13 billion in 2023 to USD 1,139. The demand for car rental services has increased due to the growth of the tourism industry and the cost advantages they offer to the users. The electric car rental market size is estimated to grow at a CAGR of 12. With lockdowns and travel restrictions, the demand for car. Indonesia Car Rental Market - Growth, Trends, Covid-19 Impact, and Forecasts. In. 3 million electric cars were sold in the first quarter, about 25% more. New York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “ Electric Car Rental Market Information by Vehicle Type, Application. 36% of the worldwide market. Moreover, the growth momentum will progress. 01 million by the end of 2030. 3 billion in 2020 and is projected to reach $65. Press release - Researchmoz - Electric Car Rental Market ? Detailed Analysis Of Current Industry Figures With Forecasts Growth By 2026 including Top Players ALD Automotive, Arval, Sixt, Europcar. 4 billion in 2021 and is estimated to grow to about USD 132. The global demand for Electric Car Rental Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the. 21 billion in 2022 to USD 113. . Revenue is expected to show an annual growth rate (CAGR 2023-2028) of 14. 65 mn during 2022-2027, accelerating at a CAGR of 12. 65 mn during 2022-2027, accelerating at a CAGR of 12. 120. Global Electric Car Rental Market Report Overview.