World Car Rental Industry Market Brief

World Car Rental Industry Market Brief

The global outlook series on the Car Rental Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a bird’s eye view of the global car rental industry, with a discussion on key up-to-date noteworthy trends influencing the industry, as well as a rudimentary peek into the different sectors of the car rental industry. The report also provides a recapitulation of all recent mergers, acquisitions, and strategic corporate developments witnessed by the industry over the last few years. The report offers a regional-level discussion, along with supporting tables and pictorial representations, on the prevalent scenario in key regional markets such as the US, Canada, Japan, Europe, France, Germany, UK, Italy, Spain, Russia, Asia, Middle East, and Latin America. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 980 companies worldwide.

CAR RENTAL INDUSTRY GOS-096
A GLOBAL OUTLOOK, SEPTEMBER 2008


CONTENTS


1. Overview 1
Travel Industry – An Overview 1
Car Rental Market 1
Car Rental Business: A Classification by Location & Sector 1
Car Rental Business by Location 1
Airport Car Rentals 1
Non- Airport Car Rentals 1
Car Rental Business by Sector 1
Leisure 1
Business 1
Insurance Replacement 1
Car Rental: An Integral Part of Travel Industry 2
Car Rental Industry: A Highly Unregulated Market 2
Key Trends 2
Online Booking Takes Car Rentals to Higher Grounds 2
Environmental Rental Cars: A New Craze in the Car Rental
Industry 3
Players Fight to Stay Afloat in a Challenging Environment 3
Car Rental Companies Offer Innovative Strategies 3
Car Rental Companies Introduce New Packages and Rates 3
Key Players 3

2. Mergers and Acquisitions 4

3. Strategic Corporate Developments 8

4. United States 18
Current Scenario 18
Non-Airport Segment Stabilizing Car Rental Industry 18
Car Rental Companies Striving for Better Tomorrow 18
Honolulu: Lowest Car Rental Rates 18
Car Rentals Likely to Go Up, Up . 18
Market Highlights 19
Table 1: Car Rental Market in the US by Location – Airport
and Non-Airport Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2003 through 2008 19

Table 2: Car Rental Market in the US by Sector – Leisure,
Business and Insurance Replacement Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2003 through 2008 20
Industry Structure 20
Key Players 20
Table 3: Car Rental Market in the US (2005): Percentage
Breakdown of Value Sales for Enterprise Rent-A-Car, Hertz,
Avis Rent-A-Car System, Vanguard Car Rental USA, Budget Rent
A Car, Dollar Rent A Car, Thrifty, Advantage Rent-A-Car,
U-Save Auto Rental of America, Rent-A-Wreck, and Others 20

Table 4: Leading Players in the US Car Rental Market (2005):
Fleet Size in Units for Hertz, Avis Rent A Car System, Avis
Europe, Budget Rent A Car, National Car Rental System,
Thrifty Car Rental, Dollar Rent A Car, Alamo Rent-A-Car, and
Advantage Rent-A-Car 21

Table 5: Car Rental Market in the US (2006): Percentage
Breakdown of Value Sales for Airport Car Rental Company –
Avis Budget Group, Hertz, Enterprise/National/Almo, Dollar
Thrifty Automotive Group and Others 21

5. Canada 22
Market Highlights 22
Table 6: Car Rental Market in Canada by Location – Airport
and Non-Airport Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2003 through 2008 22

Table 7: Car Rental Market in Canada by Sector – Leisure,
Business and Insurance Replacement Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2003 through 2008 22
Key Players 22

6. Japan 23
World’s Second Largest Car Rental Market 23
Market Highlights 23
Table 8: Car Rental Market in Japan by Location – Airport and
Non-Airport Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2003 through 2008 23

Table 9: Car Rental Market in Japan by Sector – Leisure,
Business and Insurance Replacement Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2003 through 2008 23

7. Europe 24
Market Highlights 24
Table 10: Car Rental Market in Europe by Geographic Region –
France, Germany, Italy, UK, Spain, Russia, and Rest of Europe
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2003 through 2008 24

Table 11: Car Rental Market in Europe by Location – Airport
and Non-Airport Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2003 through 2008 25

Table 12: Car Rental Market in Europe by Sector – Leisure,
Business and Insurance Replacement Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2003 through 2008 25
Industry Structure 25
Car Rental Companies Lower Rental Rates 26
Car Rental Fleets to Escalate in Europe 26
Key Players 26

7a. France 26
Market Highlights 26
Table 13: Car Rental Market in France by Location – Airport
and Non-Airport Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2003 through 2008 26

Table 14: Car Rental Market in France by Sector – Leisure,
Business and Insurance Replacement Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2003 through 2008 27
Key Players 27

7b. Germany 27
Market Highlights 27
Table 15: Car Rental Market in Germany by Location – Airport
and Non-Airport Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2003 through 2008 27

Table 16: Car Rental Market in Germany by Sector – Leisure,
Business and Insurance Replacement Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2003 through 2008 28

7c. United Kingdom 28
UK Car Rental: A Mature Market 28
Market Highlights 28
Table 17: Car Rental Market in the UK by Location – Airport
and Non-Airport Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2003 through 2008 29

Table 18: Car Rental Market in the UK by Sector – Leisure
Business and Insurance Replacement Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2003 through 2008 29

7d. Italy 29
A Consolidated Market 29
Market Highlights 30
Table 19: Car Rental Market in Italy by Location – Airport
and Non-Airport Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2003 through 2008 30

Table 20: Car Rental Market in Italy by Sector – Leisure,
Business and Insurance Replacement Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2003 through 2008 30

7e. Spain 30
Market Highlights 31
Table 21: Car Rental Market in Spain by Location – Airport
and Non-Airport Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2003 through 2008 31

Table 22: Car Rental Market in Spain by Sector – Leisure,
Business and Insurance Replacement Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2003 through 2008 31

7f. Russia 32
Market Highlights 32
Table 23: Car Rental Market in Russia by Location – Airport
and Non-Airport Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2003 through 2008 32

Table 24: Car Rental Market in Russia by Sector – Leisure,
Business and Insurance Replacement Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2003 through 2008 32

7g. Rest of Europe 33
Car Rental Market in Belgium 33
Dutch Car Rental Market 33
Norwegian Car Rental Market 33
Switzerland – A Relatively Mature Market 33

8. Asia-Pacific 33
Market Highlights 33
Table 25: Car Rental Market in Asia-Pacific by Location –
Airport and Non-Airport Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2003 through
2008 34

Table 26: Car Rental Market in Asia-Pacific by Sector –
Leisure, Business and Insurance Replacement Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2003 through 2008 34
China: A Booming Market 34
Market Structure 35
India: A Promising Market 35
Taiwan: Car Rental Market On the Rise 35

9. Middle East 35
Market Highlights 35
Expatriates Drive the Car Rental Market in Dubai 35
Table 27: Car Rental Market in the Middle East by Location –
Airport and Non-Airport Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2003 through
2008 36

Table 28: Car Rental Market in the Middle East by Sector –
Leisure, Business and Insurance Replacement Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2003 through 2008 36

10. Latin America 37
Market Highlights 37
Table 29: Car Rental Market in Latin America by Location –
Airport and Non-Airport Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2003 through
2008 37

Table 30: Car Rental Market in Latin America by Sector –
Leisure, Business and Insurance Replacement Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2003 through 2008 37
Car Rental Market in Brazil 38


GLOBAL DIRECTORY