Global Car Rental 2017 Market Report; Launched via MarketResearchReports.com

Car Rental Report by Material, Application, and Geography – Global Forecast to 2021 is a professional and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).

The report firstly introduced the Car Rental basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

The report includes six parts, dealing with:

1.) basic information;

2.) the Asia Car Rental Market;

3.) the North American Car Rental Market;

4.) the European Car Rental Market;

5.) market entry and investment feasibility;

6.) the report conclusion.

Spanning over 163 pages Global Car Rental Market Research Report 2017” report covers Car Rental Industry Overview, Asia Car Rental Industry, North American Car Rental Industry, Europe Car Rental Industry Analysis, Car Rental Marketing Channels and Investment Feasibility, Global Car Rental Industry Conclusions.

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Global Automotive Financing Market to grow at a CAGR of 4.56% during the period 2016 – 2020; Finds New Report

Report forecast the global automotive financing market to grow at a CAGR of 4.56% during the period 2016-2020.

The automotive financing business is creating new revenue generating opportunities for banks. This market’s pricing and distribution strategies are very different from other forms of consumer finance asset classes. Captive lenders dominated the market until the 2007 financial crisis, which led to the decline of many top vendors and caused others to scale back. Some of the major automotive finance providers are banks, credit unions, and non-banking finance company.

Automotive lending is one of the fastest-growing asset classes in retail banking. This growth is attributed to the rise in new car sales since 2014. The development of automotive financing markets offers banks opportunities to expand their market share. Automotive finance’s prevailing third-party approach to distribution means that lenders in need of revenue can grow different assets and income without a substantial hike in their distribution costs during the forecast period.

The report covers the present scenario and the growth prospects of the global automotive financing market for 2016-2020. To calculate the market size, the report considers the total automotive financing offered for new cars and used cars in G20 countries.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

According to the report, one of the most common factors aiding the growing need for automotive leasing is that it allows consumers the use of a feature-rich vehicle, without straining discretionary incomes. Vehicle today are technologically more sophisticated and driverless cars may well become the reality of the future, considering today’s trends. Connected cars, like connected homes, are becoming more common.

Further, the report states that automotive financing lacks standardization, thus making it much harder to compare the loans offered and pricing mechanisms. Lenders also have differences in terms of credit profile, LTV limitations, loan terms, and age of vehicles.

Global Automotive Financing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Automotive Financing Market: Ally Financial, Chase Auto Finance, Ford Credit, Toyota Financial Services and Wells Fargo Dealer Services.

Other Prominent Vendors in the market are: Bank of America, BMW, BNP Paribas, Citibank, Daimler Financial Services, Deutsche Bank, HDFC Bank, Honda Financial Services, HSBC and ICICI Bank.

Market driver

  • Reduction in interest rates
  • For a full, detailed list, view our report

Market challenge

  • No direct interaction with borrowers
  • For a full, detailed list, view our report

Market trend

  • Development and enhancement of motor vehicles
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 45 pages and 17 Exhibit Global Automotive Financing Market 2016 – 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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Fleet Management Market in Europe to grow at a CAGR of 27.93% over the period 2015-2019; Finds New Report

Report forecast the fleet management market in Europe to grow at a CAGR of 27.93% over the period 2015-2019.

A fleet management system is formed by the integration of hardware, software, and communication technologies. It provides a platform to fleet operators to efficiently control, track, and monitor commercial vehicles. They improve the overall operational efficiency by reducing the non-value-added activities of the operators. Fuel cards are used for fuel management while driver safety systems monitor driver behavior. Other solutions are employed for locational tracking of vehicles, driver navigation assistance, and ensuring that the operators meet the regulatory standards set by their respective national governments. The major end-users of fleet management systems are specialist logistics companies, such as those in the taxi fleet operator and truck fleet operator sectors.

To calculate the market size, the report considers revenue generated from the sales of fleet management systems, support and maintenance of these systems, and number of units installed.

Fleet Management Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the landscape of the fleet management market in Europe and its growth prospects over the coming years. The report also includes a discussion on the key vendors operating in this market.

Key players in the Fleet Management Market in Europe: Caterpillar, Daimler Group, Daimler, DigiCore, DigiCore, Squarell Technology and Volvo

Other Prominent Vendors in the market are: Astrata, Cefin Systems, CVS Mobile, Datatronics Mobility, Eliot, Fleet Falcon, Fleetlogic, FleetMatics, Frotcom International, Groeneveld and Idem Telematics, Iveco, Masternaut, Matrix Telematics, Micpoint, MiX Telematics, Navman Wireless, Omnitracs, Quartix, Schmitz Cargobull, Stoneridge Electronics, TomTom, Trafficmaster, Transics, Trimble, Vehco, WABCO

Market driver

  • Requirement of efficient data management system
  • For a full, detailed list, view our report

Market challenge

  • High operating cost of vehicles
  • For a full, detailed list, view our report

Market trend

  • Emergence of green fleet management solutions
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 65 pages Fleet Management Market in Europe 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market segmentation by technology, Key leading countries, Market Growth Drivers, Impact of drivers, Market Challenges, Impact of drivers and challenges, Market Trends, Vendor Landscape, Key Vendor Analysis.

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Fleet Car Leasing Market in the US to grow at a CAGR of 4.16% over the period 2014-2019; Finds New Report

Report forecast the fleet car leasing market in the US to grow at a CAGR of 4.16% over the period 2014-2019.

Leasing refers to financing an asset to meet a client’s specific need. Car leasing is a system of using a new or used car by paying for a specified period of time. It is similar to renting a car, but for a longer time period. There are two parties involved in leasing a car: lessee (one who pays) and lessor (the owner of the asset who takes the payment).

Car leasing can be classified into two types: operating lease and financial lease. Operating leases are short-term leases, wherein the lessee pays the lessor the rental for the period during which the vehicle is on lease. Financial leasing refers to the lease arrangement wherein the lessee indicates their choice of asset and the lessor purchases the asset on their behalf. The lessee repays the cost of the vehicle in monthly instalments. Car leasing is usually available from the following sources: captive finance companies, commercial banks, credit unions, and independent leasing companies.

The fleet car leasing market in the US is segmented based on the types of lease and end-users.

Fleet Car Leasing Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, most car purchasers use a specific car model for a few years, but with constant innovation in the automobile industry, there is an urge to stay updated with new models with improved safety features, fuel economy, and navigation systems. For instance, the DOT is working on guidelines to enable V2V systems that facilitate communication between two vehicles and that connect to cities for safety and better traffic, becoming a choice for many people. Leasing provides this opportunity to the lessee, to terminate the lease whenever required, to obtain a model with the latest technology.

Key players in the Fleet Car Leasing Market in the US: EF Education First, Disney, Wall Street English, Global Education and Technology Group and New Oriental Education and Technology Group

Other Prominent Vendors in the market are: ALD Automotive, Arval, ExpatRide, LeasePlan and Sixt Group

Market Driver

  • Easy Replacement of Cars
  • For a full, detailed list, view our report

Market Challenge

  • Stringent Government Regulations
  • For a full, detailed list, view our report

Market Trend

  • Emergence of Captive Finance Companies
  • For a full, detailed list, view our report

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 65 pages, Car Fleet Leasing Market in the US: Market demand and forecast 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, US: Country Overview, Market Landscape, Market Segmentation by Type of Lease, Market Segmentation by End-user, Key Leading States, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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US continue to lead global car rental market till 2018, finds new report

The global car rental market performed well during the historic period, recovering from the slowdown recorded at the beginning of 2009 due to the financial crisis and recession. Overall, growth was recorded in the four regions – Americas, Asia–Pacific, Europe, Middle East and Africa – across all key performance indicators (KPIs) during the historic period. This is expected to continue over the forecast period, supported by the rise in tourism flows and expenditure.

Key Findings

According to the Travel & Tourism intelligence center (TTIC) analysis based on 40 countries around the world, the US was the leader in the car rental market in terms of both market value and fleet size. The US recorded US$28.6 billion market value in 2013, which is more than six times that of its competitor, Japan, which recorded US$4.2 billion market value in 2013

The Eurozone crisis had a negative impact on the Travel and Tourism sector in European countries. However, car rental KPIs showed resilience in many countries (with the exception of Italy and Spain) with overall growth recorded in KPIs during the historic period. The hosting of international events such as Olympic Games in London in 2012 and Winter Olympic Games in Russia in 2014 have partially supported the growth

Challenging economic conditions and fierce competition have resulted in a large number of deals recorded in the global car rental market during the historic period as a means for operators to improve profitability and remain competitive. Some of the biggest deals in the car rental market were recorded in the US such as the acquisition of Dollar Thrifty Automotive Group by Hertz. Several leading car rental operators from North American and Europeans market are trying to expand their business in Asia–Pacific, Africa, and South and Central America by entering into joint ventures and partnerships to develop new hotels and benefit from the growing demand for car rental in these emerging markets

Japan was the largest car rental market in the Asia-Pacific region with a total market value of US$4.2 billion in 2013. South Korea followed closely with a market value of US$4.1 billion in 2013; however, it is expected to surpass Japan’s car rental market value in 2014 to become the largest market with US$4.4 billion in revenue. Hong Kong was the smallest market with total market value of US$14.8 million. China is a rapidly developing rental market, which recorded the highest growth in total car rental market value in the region at a CAGR of 26.05% during the historic period

South Africa was the largest car rental market in the Middle East and Africa with a total market value of US$492.3 million in 2013, closely followed by Saudi Arabia with a market value of US$490.2 million. However, the Saudi Arabian car rental market is expected to surpass South Africa’s car rental market value in 2014 to become the largest market with US$513.1 million in revenue.

Synopsis

The report provides detailed market analysis, information, and insights, including:

  • Historic and forecast revenue of the global car rental market, covering 40 countries
  • Detailed analysis, region-wise (Americas, Asia-Pacific, Europe, Middle East & Africa),of car rental companies’ key performance indicators such as market value by business travelers, market value by leisure travelers, market value at airports, market value at non-airports, fleet size, number of rental occasions, number of rental days, average rental length, utilization rate, and average revenue per day for the historic and forecast  periods
  • Brief analysis of the global car rental market and the present scenario
  • Detailed analysis of the market trends in key car rental markets

Reasons to Buy

  • Make strategic business decisions using historic and forecast market data related to the global car rental market
  • Understand the key market trends and growth opportunities in the global car rental market
  • Gain strategic insights on the leading global car rental companies

Spanning over 146 pages, The Global Car Rental Market to 2018” report covering the Global Car Rental Market – Key Trends and Issues, Global Car Rental Market – Deals, Global Car Rental KPIs – the Americas, Global Car Rental KPIs – Asia-Pacific, Global Car Rental KPIs – Europe, Global Car Rental KPIs – the Middle East and Africa, Global Car Rental Profiles, Appendix. The report covered 10 companies are – Enterprise Holdings, Hertz Global Holdings, Avis Budget Group, kt Kumho Rent-A-car, TOYOTA Rent a Car, Europcar International, Sixt SE, Localiza Rent a Car SA, China Auto Rental Ltd, Carzonrent India Pvt., Ltd

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Radio Cabs Market in India 2013, New Report Launched

Radio Cabs Market in India 2013 report identifies the transport scenario, wherein radio cabs are being hailed as one of the fastest growing business segments within the transport sector. Some of the factors that have driven the growth in awareness about the concept of radio cabs in India include ease of booking, accurate meter readings, trained and polite staff, competitive rates and GPS tracking, aided by the huge demand-supply gap within the segment. Although initial off-take was restricted only to corporate use owing to the myth of exceedingly high fares compared to ordinary cabs, recent trends suggest that individual users are gradually notching up the difference riding on increased disposable income and propensity towards safe and hassle-free communication.

The business model deliberates on the varied forms prevalent, with the ‘franchise’ model being the newest entrant into the market. With recent price hikes in fuel, radio cabs have followed suit and hiked their fares as well. Although fares comprise a primary source of revenue for radio cabs, advertising and subscription fees also account for a significant share of the overall revenue. With new players entering the segment, radio cabs as a proposition has come up with new technological add-ons and unique facilities that makes it more convenient and exclusive. As the country reels under deteriorated safety issues especially for women, features in radio cabs such as SMS trip trackers, vehicle trackers and associated mobile apps help in positioning the service as a more safe and convenient means of transport. Radio cabs, as a business concept, is poised for greater success not just in leading cities but also lesser known cities in India, as is evident from the expansion plans for tier II and tier III cities by leading operators.

Spanning over 93 pages, List of Tables 11 and 26 figures, “Radio Cabs Market in India 2013” report provide operator strategy, business development and/or corporate development team.

In addition to covering the Overview of Market Overview, Business Model, Revenue Model, Cost Analysis, Drivers & Challenges, Government Participation, Trends, Competitive Landscape, Strategic Recommendations, Appendix. The report cover 6 companies- Carzonrent (India) Pvt. Ltd., Mega Cabs Ltd., Meru Cab Company Pvt. Ltd., Metro Cabs Pvt. Ltd., Quick Cabs Pvt. Ltd., Tab Cab Pvt. Ltd.

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Market Research Reports Inc. is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.