Car Rental Business Market size was valued at US$ 105.01 Bn. in 2022 and the total revenue is expected to grow at 7.6% (CAGR) through 2023 to 2029, reaching US$ 175.36 Bn. Car Rental Business  Market Overview: The Car Rental Business Market research report analyses and evaluates market’s position over the projected period.It is a thorough investigation that focuses on...

Market Research Future Insights According to MRFR analysis, the global Car Rental market is expected to register a CAGR of ~11% from 2022 to 2030 and hold a value of over USD  251 billion by 2030. Car rental refers to the short-term rental of vehicles, typically for periods of a few hours to several weeks. Car rental services allow customers to rent a vehicle for personal or...

Market Research Future Insights The Global Electric Car Rental Market is expected to grow at a 15% CAGR and is estimated to be worth USD 20.42 Billion by the end of 2030. The primary market drivers that favorably impact the market include the growth of the travel and tourism sector and increased cognizance of electric mobility services. As several governments have acquainted new environmental...

A trend gaining momentum in the car rental industry is the use of electric vehicles in these services. This is mostly owing to the surge in government-backed initiatives across countries in the form of policies and regulations that promote use of electric vehicles. An increasing number of car rental operators are now undertaking initiatives, aiming to increase the use of electric vehicles in...

EV Connector Main Boosters and Key Deterrents Electric vehicles note high demand as they outperform other vehicle types, offering various benefits including low carbon emission, comfortable drive, higher fuel economy, convenience of charging at home, reduced sound from engine and more. However, the global auto industry is experiencing a rough patch due to the recent COVID-19 crisis. The...