Share and Size of the Scandinavian Car Rental Market | Global Industry …
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(MENAFN-EIN Presswire)
SHERIDAN, WYOMING, USA, October 18, 2021 /EINPresswire.com/ – According to IMARC Group’s latest report, titled “Scandinavia Car Rental Market Share: Industry Trends, Size, Growth, Opportunities and Forecast 2021-2026 â€, the Scandinavian car rental market experienced strong growth during the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 11% during 2021-2026.
We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.
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Car rental refers to the service of temporary rental of vehicles for a predefined period through online or offline channels. These services provide rental cars to individuals and travelers who do not own private cars. Car rental services are cost effective alternatives to vehicle ownership as they provide low cost travel, freedom of movement, reduced fuel consumption on individual vehicles, etc. Many car rental service providers also provide several other services such as insurance indemnity policies, GPS and Wi-Fi networks, auto repair, entertainment systems etc. for customer experience. improved.
The increase in the urban population, coupled with the significant expansion of the travel and tourism industry, is primarily driving the car rental market in Scandinavia. In addition, the increasing adoption of car rental services in the form of carpooling and taxis for economical travel and increased mobility is also propelling the regional market. In addition, due to increasing air pollution, several government agencies are focusing on reducing vehicle emissions and promoting car rental services as sustainable and economical modes of transportation. Many other factors, such as the introduction of these services through websites and smartphone apps, the growing number of car rental service providers, the increase in consumers’ disposable income, etc., are also expected to boost market growth in the years to come.
Competitive Analysis and Segmentation of Scandinavia Car Rental Market 2021-2026:
Competitive landscape with key players:
The competitive landscape of the Scandinavia car rental market has been studied in the report along with the detailed profiles of the major players operating in the market.
Some of these key players include:
Alamo
Automatic scheduling
Avis Rent A Car System, LLC
Budget Rent A Car System, Inc.
Company Holdings, Inc.
Europcar
National car rental
Sixt
The Hertz company
Economy car rental
Key market segmentation:
The report segmented the Scandinavian car rental market on the basis of booking type, rental duration, vehicle type, application, end user, and country.
Breakdown by type of reservation:
In line
Offline
Breakdown by rental period:
Short term
Long term
Breakdown by vehicle type:
Luxury cars
Executive cars
Economy cars
Sport utility vehicles (SUVs)
Others
Breakdown by application:
Leisure / Tourism
Business
Breakdown by end user:
Autonomous
Driver
Breakdown by country:
Norway
Sweden
Denmark
Explore the full report with table of contents and list of figures:
Highlights of the report:
Market performance (2015-2020)
Market Outlook (2021-2026)
Industry trends
Market drivers and success factors
The impact of COVID-19 on the global market
Value chain analysis
Global market structure
Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as part of the customization.
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About Us
The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.
Elena Anderson
IMARC Services Private Limited
+1 6317911145
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