The size of the worldwide electric car rental market was USD 867.15 million in 2021, and it is anticipated to increase to USD 2363.39 million by 2028, indicating a Compound Annual Growth Rate (CAGR) of 15.40% over the forecast period, According to Intelligence Market Report

London, UK -- (SBWire) -- 02/17/2023 --Electric Car Rental Industry Overview and Market Scope

Electric car rental is an increasingly popular alternative to traditional gasoline-powered vehicle rentals. This trend is being driven by a number of factors, including increasing consumer awareness of the environmental benefits associated with electric vehicles, improved battery technology that provides greater range and charging convenience, decreased costs of production and ownership, and increased government incentives for purchasing or leasing EVs. As more consumers become comfortable with taking advantage of these benefits, the electric car rental market is poised to experience strong growth.

In-depth market analysis also determines an exact CAGR to determine the possibility of market expansion. The market study covers supply and demand-side elements influencing the Electric Car Rental Market as well as significant industry advancements for the future. The market cost analysis took into account the market trend, dynamic patterns, and top market players in addition to the market concentration rate, suppliers, and pricing trends. The market study is a thorough, expert examination of the industry with an emphasis on current developments in the worldwide marketplace.

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Key Players Covered in Electric Car Rental market report are:

-Avis Budget Group
-Enterprise Holdings
-Europcar Group
-Hertz
-Sixt
-BlueIndy
-DriveElectric
-Drive Electric Orlando
-DriveNow
-Easirent
-Green Motion
-Wattacars
-Zoomcar.

We use advanced techniques, such Porter's Five Forces analysis and SWOT analysis, to perform all data and analysis, including predictions, evaluations, and estimates. Additional components, such as the supply chain, downstream consumers, and sourcing strategy have been assessed in order to provide a comprehensive and in-depth picture of the Electric Car Rental market. In order to assist industry players in developing data-driven initiatives, the research study examines crucial events.

Market Segmentation Analysis

The research report provides solutions to a few important issues based on extensive market research. Electric Car Rental market research is the best evaluation approach for monitoring industry growth and keeping an eye on rivals' expansion plans. This research report displays crucial market sector data by product type, application, region type, and end user. The market research report also puts you one step ahead of your competitors in the industry.

Electric Car Rental Market Segmentation as Follows:

Market Segmentation (by Type)
-Economy cars
-Luxury cars

Market Segmentation (by Application)
-Electric Cars
-Others

Segmented by Region/Country
North America
Europe
China
Japan
Asia Other

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COVID-19 Impact Analysis

The market research report on the Electric Car Rental market thoroughly examines the impact of the COVID-19 outbreak on market activity and the global economy. It also highlights potential and challenges that are still present.

Impact of Ukraine-Russia War

The report on the Electric Car Rental market analyzes the impact of the Ukraine-Russia conflict and provides future projections by research experts. Additionally, it offers important insights to guarantee the smooth operation of their organization during the projected term.

Impact of Global Recession

The impact of the global recession on businesses is covered in depth in the Electric Car Rental market report, with a segment-by-segment analysis to help the market understand the outcomes of these events.

Regional Outlook

The regional analysis portion enables market participants to locate the most attractive local markets so they can consider growing their operations there. After evaluating the political, economic, social, and technological variables influencing the Electric Car Rental market in all areas, the market study offers a thorough PEST analysis for all of them, including North America, Europe, APAC, Latin America, and the Middle East and Africa.

Competitive Analysis

Joint ventures, partnerships, collaborations, and acquisitions were some of the market's growth strategies. The study also includes financial data, news stories involving important industry participants, corporate profiles, details on the products and services offered, and other data. The research study examines important advancements in the Electric Car Rental market as well as both organic and inorganic growth tactics.

Key Reasons to Purchase Electric Car Rental Market Report

- The study looks at how COVID-19 would impact market size, expected growth rates, and revenue share for each category.

- The size of the worldwide market as a whole is examined, as well as the possibilities for investment in various market segments.

- Participants in the business have increased their clientele and sales thanks to the study report's trustworthy facts and practical techniques.

Conclusion

For both seasoned industry professionals and recent market entrants, the market research study contains critical market data as well as major market trends and possibilities.

Table of Content – Analysis of Key Points

Chapter 1. Executive Summary

Chapter 2. Global Market Definition and Scope

Chapter 3. Global Market Dynamics

Chapter 4. Global Electric Car Rental Market Industry Analysis

Chapter 5. Electric Car Rental Global Market, by Type

Chapter 6. Electric Car Rental Global Market, by Application

Chapter 7. Electric Car Rental Global Market, Regional Analysis

Chapter 8. Competitive Intelligence

Chapter 9. Key Companies Analysis

Chapter 10. Covid-19 Impact Analysis

Chapter 11. Russia-Ukraine War Consequence

Chapter 12. Risk Analysis of Global Recession in 2023

Chapter 13. Research Process

Continued…

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