6%. 6% market share of electric cars in worldwide car sales constitutes a record. In 2022, the market is growing at a steady rate and with the. 65 million from 2022 to 2027. The global commercial vehicle rental and leasing market size was valued at USD 77. 28 billion in 2021, and it is expected to reach USD 223. The market is projected to grow from USD 728. Market consumption volumes declined with a CARC of -6% between 2016 and 2020, to reach a total fleet size of 73,400 in 2020. Report Overview. The Automotive Rental and Leasing Market is made up of organizations, sole traders, and partnerships that rent or lease cars, trucks, vans, utility trailers, and recreational. 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 total lithium-ion–battery market for EV passenger cars grew by 17 percent, to 117 gigawatt-hours in. 65 billion in 2022 and is projected to grow from USD 500. Electric Car Rental Market Report 2022 focuses on company overview with market characteristics, geographical representation of industry size, share and growth analysis with revenue details and. 14 billion during 2020-2024. Battery electric vehicles (BEVs) accounted for two-thirds of new electric car registrations and two-thirds of the stock in 2020. The global electric bike market was estimated to generate USD 14,404. 39%, resulting in a projected market volume of US$103. 0 million by 2029. 66% NEW YORK, Jan. The China Electric Vehicles Market size is expected to grow from USD 260. Major Highlights from Electric Car Rental Market Study Market Breakdown by Applications: Electric Cars & Others Market Breakdown by Types: Economy cars & Luxury cars Executive Summary: In this. The global COVID-19 pandemic has been unprecedented and staggering, with commercial vehicle. Influential trend: – Advancement in technology offering an app-based platform for the subscription car. NEW YORK, Aug. 15 million in 2021, and it is anticipated to increase to USD 2363. Contact Data Contact: Market Research Future Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture. Global electric car rental market - Five forces. Tokyo, Jan. 7% in Q2 of 2021). Market Size (2027) $134. 42 billion by 2027, registering a CAGR of 14. Growth momentum & CAGR. The global electric scooters market size was estimated at USD 33. Growth in the electric-vehicle market has slowed. The UAE electric vehicle market would register growth during the forecast period. 65 mn during 2022-2027, accelerating at a CAGR of 12. 1 Billion in 2021 and is expected to be. It is expected to grow to USD 25. 64% during the forecast period. 11, 2023 /PRNewswire/ — According to Technavio, the global electric car rental market size is estimated to grow by USD 11,246. The market is projected to grow from USD 728. The rising levels of carbon emissions and other harmful gases stemming from transportation have triggered the necessity of adopting electric. The electric car rental market is poised to grow by $11246. , Jan. 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. 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. 6%. Consumer Interests for On Demand Transportation: Commuters are increasingly demanding familiar, reliable, and high. The global electric vehicle (EV) charging infrastructure market size was valued at USD 19. As…Europe Vehicle Rental Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023-2028). The India electric vehicle market size was USD 1. 1 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 94. EV Market 2022-2030: The global electric vehicle market was valued at $163. To develop this. Top players are Europcar, The Hertz Corporation, Enterprise Rent-A-Car, Sixt SE. 6% from 2021 to 2028. 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. The global car rental industry is highly lucrative and predicted to witness significant growth. 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. 4 billion) by 2027, and Europe is expected to hold the second-largest regional share. In contrast, the United States market for BEVs. The global electric car rental market is forecast to grow by. The Global Electric Car Rental market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. 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. Technavio's analysts forecast the global electric car rental market to grow at a CAGR of 11. 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. The global car rental market size was valued at $92. 65 mn during 2022-2027, accelerating at a CAGR of 12. 60%. . According to the research report, Europe Car Rental Market Outlook, 2028 the market is anticipated to add market size of USD 17. Moreover, the growth momentum will progress. 22, 2023 (GLOBE NEWSWIRE) -- The . 36% by 2027, the rising. The study report offers a comprehensive analysis of Global Electric Car Rental Market size across the globe as regional and country-level market size analysis, CAGR estimation of market growth. The increase in technological advancements is driving the growth of car. NEW YORK, June 22, 2021 /PRNewswire/ — The global electric car rental market is poised to grow by USD 7. The. Car Rental Market Outlook (2023 to 2033) The global car rental market is predicted to expand at an impressive CAGR of 9. 52%, resulting in a projected market volume of. Car rental & leasing refers to the industry that provides vehicles to customers for short-term rentals or. The electric car rental market size is estimated to grow at a CAGR of 12. 5% during 2022-2028. 01% during the forecast period. 4 billion in 2021 and is estimated to grow to about USD 132. 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 2021-2025 The analyst has been monitoring the electric car rental market and it is poised to grow by $ 8. , 2023 – 2033. 8 million in 2022. This paves the way for remarkable growth in the global car rental market over the forecast period. 22% during the forecast period, 2022-2027. The research estimates global Electric Car Rental market revenues in 2021, considering the Electric Car Rental market prices, supply, demand, and trade analysis across regions. 46 billion by 2029, exhibiting a CAGR of 6. Forecast period. Since the last time Deloitte reported on EV sales, significant regional disparities in growth have surfaced. London, UK -- ( SBWIRE) -- 02/17/2023 -- Electric Car. 053 billion in 2019. 13, 2021 (GLOBE NEWSWIRE. 10 years later in 2021, that figure had grown close to 7 million vehicles. -October 29, 2020 at 04:31 am- MarketScreener. 8 billion in 2021 and is expected to reach USD 185. 19, 2022 (GLOBE NEWSWIRE) -- According to a report by Vantage Market Research, the Global Electric Vehicle Market was worth USD 165. 22% during the forecast period, 2022-2027. The global commercial vehicle rental and leasing market size was valued at USD 77. 07 billion by 2027, projecting a CAGR of more than 11% during the forecast. 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. The tourism sectors in cities are expanding, which is expected to have a beneficial impact on the Indonesian car rental market growth. 527 million in 2027 from US$2,309. 9 percent over the forecast period. 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. The rising levels of carbon emissions and other harmful gases stemming from transportation have triggered the necessity of adopting electric. This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries. Market consumption volumes declined with a CARC of . 36% by 2027, the rising. Electric Car Rental Market is Expected to Reach the Value of USD 28903. 15% during the forecast period (2023-2028). Trend 1: Europe continues to lead EV adoption. 47 thousand units by 2029, exhibiting a CAGR of 20. The global electric vehicle (EV) charging infrastructure market size was valued at USD 19. 69 billion in 2021 to USD 2. 01% during the period 2017-2021. 0% in the 2021-2028 period. 13 billion in 2023 to USD 1,139. 13 billion in 2023 to USD 1,139. 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. 55 billion in 2023 to USD 19. 46 billion by 2029, exhibiting a CAGR of 6. 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. 50 billion in 2022 to $9. S. Historic period. NEW YORK, June 22, 2021 /PRNewswire/ --. 54 billion in 2022. 25% during the forecast period. The Global Electric Car Rental Market is expected to grow at a 15% CAGR and is estimated to be worth USD 20. Further, the market generated a revenue of USD 100 billion in the year 2022. Comprehensive details of factors that will challenge the growth of car rental market vendors. These companies also tried to employ the franchise. The global golf cart market size was USD 1. 7 billion in the coming years, registering a CAGR of 8 % during the forecast period. Growth rate of total car rental market is going to increase over the period as car leasing becomes easier, and market penetration rates increase in the country. 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,. 36 billion in 2027 with a CAGR of 15%. , Sixt Rent A Car, LLC, Europcar. The global Car Rental Market is expected to grow at a compound annual growth rate (CAGR) of 7% from 2019 to 2026. The global crowdfunding market is experiencing a robust surge, projected to elevate from $13. In 2022, the. 55 billion in 2028 at a CAGR of 6. 5 billion in 2022. 1% during 2023-2028. 54 billion in 2022. The global golf cart market size was valued at $1. The increased presence of top-notch companies and the. electric vehicle market size was USD 24. 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). 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. 0. 01% during the period 2017-2021. 65 mn during 2022-2027, accelerating at a CAGR of 12. 5. Electric car rental is a service that enables customers to rent an electric vehicle (EV) for. Revenue in the Car Rentals market is projected to reach US$29. The size of the worldwide electric car rental market was USD 867. 1 North America Electric Car Rental Market Sales. In July of 2021,. 14 bn during 2020-2024 New Electric Car Rental Market Research Report- COVID-19 Analysis Based on Economy Cars and Luxury Cars Vehicle. 2 million in 2021, up 1. 92 billion in 2019 and is projected to reach $214. 75 billion by 2030, registering a CAGR of 18. Zambia is the third fastest-expanding tourism destination in the world, which contributes considerably to the country’s GDP as well as to the growth of the electric car rental market. 94bn in 2023. The UAE Electric Vehicle Market size is projected to grow at a CAGR of 24. 8% during the forecast period. Jan 04, 2023 (The Expresswire) -- Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Electric Car Rental industry. 4 million by 2027, increasing from $92,252. The 2. 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. 1% CAGR: Custom Market Insights (Share, Report, Trends, Forecast, Trends, Segmentation) [220+ Pages Latest Report] According. 01 billion in 2020, and is projected to reach $823. 14 bn during 2020-2024, progressing at a CAGR of over 11% during the forecast. 64% between 2022 and 2027. MRFR also estimates that the market expansion rate to be 15?tween 2019 and 2025 (appraisal period). com announces the release of the report 'Global Electric Car Rental Market 2020-2024'. Total annual revenue for carsharing in the U. Global Electric Car Rental Market Growth, Share, Size, Trends and Forecast (2023 - 2029). 0 billion in the current year. Global Electric Car Rental Market 2021-2025 The analyst has been monitoring the electric car rental market and it is poised to grow by $ 8. Electric car markets are seeing exponential growth as sales exceeded 10 million in 2022. The market is projected to grow from USD 48. The expanding travel and tourism industry, rising trend of business and corporate travel, changing attitude toward car ownership, rapid. and among others. 48 billion in 2023 to USD 1,579. Car rental companies are businesses that rent automobiles for a specific period of time at a particular cost. New York, March 09, 2020 (GLOBE NEWSWIRE) -- Reportlinker. 14 bn during 2020-2024, progressing at a CAGR. Electric Car Rental Market Absolute $ Opportunity5. Brazil Vehicle Rental Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023-2028) The Brazil vehicle rental market was valued at USD 1. 40 billion in 2022 to $15. 4% in the 2021-2028 period. According to the research report, Europe Car Rental Market Outlook, 2028 the market is anticipated to add market size of USD 17. S. The report analyzes the car rental market’s drivers, restraints/challenges, and the effect they have on the. 91 billion in 2023 at a compound annual. to rise to 50 percent by 2030. 89 billion in 2022 to USD 214. Menu. Pune, India. Growing adoption of information technology in the industry is enabling operators to deliver enhanced services to. 65 mn during 2022-2027, accelerating at a CAGR of 12. New Jersey, N. With many countries getting plugged into electrification, the global EV market has seen exponential growth over the last decade. The global electric car rental market is poised to grow by USD 7. Details. 50 billion in 2022 to $9. Global Electric Car Rental Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics. 8% by registering a revenue of $30,529. It is bigger than it looks and has enough. The Electric Car Rental market industry is projected to grow from USD 11. 3% during the forecast period. 2% during the forecast period (2023-2029) Canada Electric. 12 Billion from 2023 to 2028. EV Market 2022-2030: The global electric vehicle market was valued at $163. 42 Billion by the end of 2030. The Australian car rental market had total revenues of $584. 04 billion in 2021 and expected to surpass a net valuation of USD 4. 4 billion in 2023, the market is likely to surpass US$ 307. 2% from 2021 to 2030. 4 billion in 2021 and is estimated to grow to about USD 132. METHODOLOGY. Latest Study on Industrial Growth of Global Electric Car Rental Market 2022-2028. 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. The Europe vehicle rental market size was valued at USD 11. Germany car rental was valued at USD 2. 64% during the forecast period. 39 million by 2028, indicating a Compound Annual Growth Rate. 15 million in 2021, and it is anticipated to increase to USD 2363. 2% from 2020 to 2025. The new electric car rental market research from Technavio indicates Negative growth in the. The United States vehicle rental market is majorly dominated by Avis Budget Group, Enterprise Rent-A-Car and Hertz Global Holdings Inc. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 2. 72 billion by 2030, exhibiting a CAGR of 15. Click Here To Get A Sample. Saudi Arabia car rental & leasing market has witnessed sound growth at a CAGR of around 12. The global electric car rental market size is expected to grow from $8. 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. the growth momentum will progress. Sustained policy support has been one of the main reasons for strong electric car sales in many markets, with overall public spending on subsidies and. 1. 65 million from 2022 to 2027. Ola Bikes, Uber, Rapido, and Zoomcar are some of the very successful Indian ridesharing startups. 57 billion in 2030, with a CAGR. Driven by Increasing Demand from the Working-age Population and Expansion of the Tourism and Travel Industry, the car rental market in the Netherlands has ample growth potential in the coming years. In 2011, around 55,000 electric vehicles (EVs) were sold around the world. In Europe, car rentals are usually available at affordable costs. 67 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 25. this year, according to Atlas Public Policy. 1% from 2023 to 2033. The cost-effective and convenient mobility service, the growing concerns over greenhouse gas emissions, and the government policies encouraging the adoption of carsharing. 64% between. By 2025 electric vehicles (EVs) will reach 10% of global passenger vehicle sales, growing to 28% in 2030 and 58% by 2040. 49 million in 2022 to USD 1,71,849. Automobile Rental & Leasing Market Analysis. " Electric Car Rental Industry Statistics Cognitive Market. 16 billion in. 6% during the forecast period. com's offering. 14 billion during 2020-2024. To meet a charger-to-car ratio of 7:1 — which the California Energy Commission concluded would be needed to support the state’s goal of 5 million EVs on the road by 2030 — the entire country. The report also provides and outlook on key market trends and leading players. Electric Car Rental Market Size was valued at USD 9. Western Europe’s growth. 17 billion by 2028, registering a CAGR of 4. 21 billion in 2022 to USD 113. TheNEW YORK, Nov. Currently, EVs make up only three to four percent of the new light duty market here in the U. Due to the rising focus to decrease the emission of harmful. Premium Report Details. Base year. The global car rental market size reached US$ 79. 4 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8. The market is projected to grow from USD 28. DUBLIN--(BUSINESS WIRE)--The "Global Electric Car Rental Market 2021-2025" report has been added to ResearchAndMarkets. With many countries. 7 Million by 2026, from USD 866. 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. 00% during the forecast period (2023 - 2032). In 2023, it is anticipated that the worldwide car rental market will amount to USD 104. 8% during the forecast period. 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. EV Market’s Surge Toward $57 Trillion Sparks Global Flashpoints. Saudi Arabia car rental & leasing market has witnessed sound growth at a CAGR of around 12. In Europe, car rentals are usually available at affordable costs. A housing market price drop 'only seen a handful of times' is coming in 2024, Morgan Stanley says. DUBLIN--(BUSINESS WIRE)--The "Global Electric Car Rental Market 2021-2025" report has been added to ResearchAndMarkets. 64% between 2022 and 2027. The report covers various aspects including Business Models,. Clean energy and improved. 9% from 2021 to. The new electric car rental market research from Technavio indicates Negative growth in the short term as the business impact of COVID-19 spreads. 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. Electric Car Rental Market Growth Opportunities: • Growing Penetration of Rental Services Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & AfricaA BloombergNEF study reveals that the global electric vehicle market size and adoption will grow in the long run. This report provides a detailed historical analysis of the global Electric Car Rental Market from 2017-to 2021 and provides extensive market forecasts from 2022-to 2030 by region/country and. Technavio has been monitoring the electric car rental market and it is poised to grow by $11246. 0 billion by the next 5 years, registering a CAGR of 11% during the forecast period. 4m in 2020, representing a compound annual rate of change (CARC) of -15. Pune, Feb. 84 billion in 2021. 6% of the total auto market (up from 2. . The Future of Bike and Scooter Rental Market Economy Size Expected a Growth of $ 11,040 Million by 2028, According to Vantage Market Research (VMR) WASHINGTON, Dec. 6% from 2021 to. The Global Electric Car Rental Market is expected to grow at a CAGR of 9. 84 billion in 2023 to USD 575. The growth potential for the EV rental market is high, clearly driven by the need to cut emissions. It is expected to reach USD 25,956. New York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “ Electric Car Rental Market. The Nissan LEAF is a well-equipped hatchback that comfortably seats 5. NEW YORK, Jan. This was over two and a half times more than in 2018. E-bikes enable users to cycle further and more often. Follow. Autonom Service, a car rental company, invested Euro 15 million (USD 16. 2022-2027. 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. However, registrations of multi-purpose vehicles have experienced the most. Report Coverage. announced that it had delivered 20 range-extended electric vehicles (R-EVs) to M93 Car Rental L. The global Electric Car Rental market focuses on encompassing major statistical evidence for the Electric Car Rental industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. 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. 27bn in 2023. 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. The Electric Vehicle. 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,. Electric vehicles will grow from 0. UK: forecast public charging revenue per electric vehicle 2016-2027. 65 million from 2022 to 2027. The market value is slated to rise from USD 82. The Global Car care products market was valued at USD 6. The electric car rental market size is estimated to grow at a CAGR of 12. 32 billion in 2023 to USD 119. 21 billion by. With lockdowns and travel restrictions, the demand for car. But in 2019, the number of units sold increased only to 2. The Global Car Rental Market was valued at USD 98. Download. com 📞 +1 (855) 661-4441(US) 📞. Fully considering the economic change by. 4m in 2020, representing a compound annual rate of change (CARC) of -15. According to SPER market research, ‘E-mobility Rental Market Size- By Vehicle Type, By category, By Booking Type, By Commuting Pattern, By End Use- Regional Outlook, Competitive Strategies and. 2022. The increasing demand. 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. A number of trends are influencing the car rental market, which include the transition to electric car rental vehicles, the increasing use of rental cars for leisure purposes and the incorporation of shared mobility into the car rental business model. 36% over the forecast period. 4% during 2021-2026. 6% during the forecast period.