Car Rentals (Self Drive) Market Analysis: Global Industry Size, Growth and Forecast
Report ID : 1300777 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Car Rentals (Self Drive) Market is categorized based on Vehicle Type (Economy, Luxury, SUV, Van, Convertible) and Booking Type (Online Booking, Offline Booking) and End User (Corporate, Leisure, Government, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
Valued at $38 billion in 2023, the Car Rentals (Self Drive) Market size is expected to grow to $70 billion by 2033, with a CAGR of 6.5% from 2024 to 2033. The report comprises various segments and analyzes the trends and factors playing a substantial role in the market.
Demand and technology improvements over recent years have transformed the self-drive car rentals (self-drive) industry. These rentals are now a go-to option for people wanting both flexibility and control over their journeys as urbanization continues to rise and demand for self-service transport options increases. This segment boasts a wide selection of cars ranging from economy vehicles to luxury cars, thus serving the varying needs and budgets of the customers.
With the introduction of mobile applications for effortless booking and tracking of cars, market players are paying greater attention to optimizing customer experience through more sophisticated offerings. There is also a growing focus on social responsibility which contributes to the development of the new environmentally friendly vehicles for consumers who care about sustainable development. Thus, the self-drive car rental sector is adapting to the prevailing conditions and preparing for future change by extension of consumer needs and incorporation of modern technologies.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Enterprise Holdings, Hertz Global Holdings, Avis Budget Group, Sixt SE, Europcar Mobility Group, National Car Rental, Alamo Rent A Car, Zipcar, Turo, Getaround, Car2Go |
| SEGMENTS COVERED |
By Vehicle Type - Economy, Luxury, SUV, Van, Convertible
By Booking Type - Online Booking, Offline Booking
By End User - Corporate, Leisure, Government, Others
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Car Rentals (Self Drive) Market Dynamics
The Car Rentals (Self Drive) Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Car Rentals (Self Drive) Market Segmentations
Market Breakup by Vehicle Type
- Overview
- Economy
- Luxury
- SUV
- Van
- Convertible
Market Breakup by Booking Type
- Overview
- Online Booking
- Offline Booking
Market Breakup by End User
- Overview
- Corporate
- Leisure
- Government
- Others
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Car Rentals (Self Drive) Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Enterprise Holdings
- Hertz Global Holdings
- Avis Budget Group
- Sixt SE
- Europcar Mobility Group
- National Car Rental
- Alamo Rent A Car
- Zipcar
- Turo
- Getaround
- Car2Go
Customization Options
Verified Industry Insights offers one of the following report customization options to our respectable clients :
Company Profiling
● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)
Competitive Benchmarking
● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
Custom Research
Verified Industry Insights offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected] or call us at +1 743 222 5439
© 2024 Verified Industry Insights. All Rights Reserved