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text 2020-02-20 11:35
Car Rental Market to Witness Substantial Growth in the Coming Years

The growth in the travel and tourism sector, need for a convenient commuting option, and increasing concern for the environment are driving the popularity of car rental services. In 2018, the worldwide car rental market valued $78.7 billion, from where it is predicted to advance at a CAGR of 7.9% during 2019–2024 (forecast period), to reach $122.6 billion in 2022. Car rental refers to the hiring of cars for a longer period, compared to everyday commute, for which users are charged on the basis of the distance traveled and journey time.

 

When segmented on the basis of vehicle type, luxury, executive, and economy are the various categories. Among these, the economy category led the car rental market in 2018, in terms of value, as owing to their higher fuel economy and lesser carbon emissions, they are preferred by service providers. During the forecast period, the luxury category is projected to experience the fastest growth, due to the increasing disposable income, which would allow users to pay the higher price charged for mobility services via these cars.

 

Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Market Segmentation by Vehicle Type

1.3.2 Market Segmentation by Channel

1.3.3 Market Segmentation by Purpose

1.3.4 Market Segmentation by Usage

1.3.5 Market Segmentation by Region

1.3.6 Analysis Period

1.3.7 Market Data Reporting Unit

1.3.7.1 Value

1.4 Key Stakeholders

 

During the forecast period, the market would grow the fastest in Asia-Pacific (APAC), owing to the increasing number of short leisure trips being taken. Due to rapid industrialization and urbanization, the disposable income is rising in the region, which is driving the travel and tourism sector. While Japan, Indonesia, and Vietnam are among the most visited APAC countries, China and India are among the largest regional spenders on tourism.

 

Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/car-rental-market/report-sample

 

Therefore, with an increase in tourism activities, the popularity of car renting would continue to rise.

 

The research offers size of the global car rental market for the period 2014–2024.

 

Market Segmentation by Vehicle Type

  • Economy
  • Executive
  • Luxury

Market Segmentation by Channel

  • Online
  • Offline

Market Segmentation by Purpose

  • Business
  • Personal

Market Segmentation by Usage

  • Local
  • Airport
  • Outstation 
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text 2020-02-07 06:29
Micro Electric Automotive (Micro EVs) MarketĀ - World's Main Region Market Conditions Report

 

Feb 07, 2020: Micro Electric Automotive (Micro EVs) Report by Material, Application, and Geography - Global Forecast to 2023 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).

 

Request a Free Sample Copy of Micro Electric Automotive (Micro EVs) Market Report @ https://www.radiantinsights.com/research/global-micro-electric-automotive-micro-evs-market-research-report-2019/request-sample

 

The report firstly introduced the Micro Electric Automotive (Micro EVs) 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.) Asia Micro Electric Automotive (Micro EVs) Market;

3.) North American Micro Electric Automotive (Micro EVs) Market;

4.) European Micro Electric Automotive (Micro EVs) Market;

5.) Market Entry and Investment Feasibility;

6.) Report Conclusion.

 

For further inquiries, about - Global Industry Analysis, Size, Growth, Trends and Forecast 2019 - 2023, click on this link – https://www.radiantinsights.com/research/global-micro-electric-automotive-micro-evs-market-research-report-2019

 

About Radiant Insights, Inc

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

 

Contact Details:

Michelle Thoras 

Corporate Sales Specialist, USA

Radiant Insights, Inc

Address: 201 Spear St #1100, Suite #3036

Phone: 1-415-349-0054

Toll Free: 1-888-202-9519

Email: sales@radiantinsights.com

Web: http://www.radiantinsights.com  

 

 

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