Region:Asia
Product Code:OHME8669
Car Rental in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Findings
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in Asia-Pacific
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Asia-Pacific
Leading company profiles reveal details of key car rental market players' global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific car rental market with five year forecasts by both value and volume
Synopsis
Essential resource for top-line data and analysis covering the Asia-Pacific car rental market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons to Buy
What was the size of the Asia-Pacific car rental market by value in 2016?
What will be the size of the Asia-Pacific car rental market in 2021?
What factors are affecting the strength of competition in the Asia-Pacific car rental market?
How has the market performed over the last five years?
What are the main segments that make up Asia-Pacific's car rental market?
Key Highlights
The car rental market is defined as revenues generated by car rental companies for self-drive cars for hire. The market value is mainly made up car rentals for business and leisure purposes. Other includes insurance rentals and replacements. Market volumes represent the size of the rental car fleet within the respective countries. Any currency conversions used in the creation of this report were calculated using constant 2015 annual average exchange rates.
The Asia-Pacific car rental industry is expected to generate total revenues of $15,265.4m in 2016, representing a compound annual growth rate (CAGR) of 6.7% between 2012 and 2016.
The leading countries in terms of share of revenue within the region are South Korea with 29.7%, Japan with 25.5% and then China with 14.7%. However, China has the most potential to increase substantially with very strong growth forecast for the future.
The rental car fleet is forecast to increase with a CAGR of 6.8% between 2012-2016, to reach a total of 1,500.6 thousand fleet size in 2016.
Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Avis Budget Group, Inc.
CAR Inc
Europcar S.A.
Hertz Global Holdings, Inc.
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.