The report also provides and outlook on key market trends and leading players. 65 mn during 2022-2027, accelerating at a CAGR of 12. 04 billion by 2027, registering a CAGR of 10. With lockdowns and travel restrictions, the demand for car. Clean energy and improved. Report Overview. The global car rental market forecast shall be $1,48,129. 0% in the 2021-2028 period. 64% between 2022 and 2027. The size of the worldwide electric car rental market was USD 867. 03 billion in 2020. Amid the COVID-19 pandemic-associated lockdowns, the e-bike rental market in India witnessed a significant decline in revenue due to the closure of transportation activities and the. 64% between 2022 and 2027. 04 billion in 2021 and expected to surpass a net valuation of USD 4. 18 trillion during 2021-2025, progressing at a CAGR of. The global Electric Car Rental market is highly competitive and consists of a limited number of providers who compete among each other. Strategic collaborations among the market. 14 billion during 2020-2024. The India electric vehicle market size was valued at USD 220. 28 billion in 2021, and it is expected to reach USD 223. Vendors are deploying organic and inorganic growth strategies to gain a competitive advantage. Electric car rental is a service that enables customers to rent an electric vehicle (EV) for. Dublin, Nov. 16 billion in. 75 billion by 2030, registering a CAGR of 18. 9% over 2020. Revenue in the Car Rentals market is projected to reach US$29. The global car rental market size was valued at USD 98. The Europe vehicle rental market size was valued at USD 11. The Global Electric Car Rental Market is expected to grow at a 15% CAGR and is estimated to be worth USD 20. 64% between 2022 and 2027. Shift towards Electric/Hybrid. 80% during 2023-2028 . The Indonesian car rental market is projected to witness a CAGR of 7. The car rental industry has undergone a drastic transformation over the past few. The car rental market research report provides an analysis of the car rental industry including a snapshot, and insights into car rentals as per geographic region. 9% from 2023 to 2030. 64% between 2022 and 2027. The global commercial vehicle rental and leasing market size was valued at USD 77. altered Customer Preference from Public Transport to Personal Cars owing to Covid-19” observed that UAE car rental and leasing market is in a growth phase, and. The growth of the electric car rental market can be attributed to the rise in. 69 billion in 2022 to USD 131. 64% between 2022 and 2027. add_box. 64% during the forecast period. 65 mn during 2022-2027, accelerating at a CAGR of 12. 14 billion during 2020-2024, progressing at a CAGR of over 11% during the. Through meticulous Electric Car Rental market segmentation and trend analysis, we have identified key growth drivers, market challenges, and transformative forces shaping each industry sector. 1 Billion in 2021 and is expected to be. 14 billion during 2020-2024, progressing at a CAGR of over 11% during. Page number. Recreational Vehicles (RVs) are portable units mounted on chassis and wheels. 7 billion in 2021 and is projected to grow to USD 2. . Malaysia Electric Two-Wheeler Market Growth Strategy 2022 Industry Key Players, Future. com's offering. The Electric Car Rental Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study. The global Car Rental Market is expected to grow at a compound annual growth rate (CAGR) of 7% from 2019 to 2026. The global car rental market is predicted to garner a revenue of USD 250 billion by the end of 2033 by growing at a CAGR of ~10% over the forecast period. 46 billion by 2030, exhibiting a CAGR of 6. The segment value, growth, revenue, and demand in the market. The Car Rental. The India E-Bike Rental market is valued at USD 5 million and is expected to hit USD 10 million by registering a CAGR of over 12. 1 billion by 2030, with a CAGR of 6. 65 mn during 2022-2027, accelerating at a CAGR of 12. The global electric car rental market size is expected to grow from $8. The Electric Car Rental Global Market Report 2023, provides comprehensive information on the electric car rental market across 60+ geographies in the seven regions — Asia-Pacific, Western Europe…According to industry estimates the Electric Car Rental market growth is projected to expand between 12. 10 years later in 2021, that figure had grown close to 7 million vehicles. 39 million by 2028, indicating a Compound Annual Growth Rate (CAGR) of 15. 65 mn during 2022-2027, accelerating at a CAGR of 12. The Global Car care products market was valued at USD 6. com Website: LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car rental market and it is poised to grow by USD 7. The expanding travel and tourism industry, rising trend of business and corporate travel, changing attitude toward car ownership, rapid. The rising levels of carbon emissions and other harmful gases stemming from transportation have triggered the necessity of adopting electric. The report analyzes the car rental market’s drivers, restraints/challenges, and the effect they have on the. The new electric car rental market research from Technavio indicates Negative growth in the short term as the business impact of COVID-19 spreads. 2 Billion in 2022. S. 36 billion in 2027 at a CAGR of 15%. 053 billion in 2019. China was the frontrunner once again, accounting for around 60% of global electric car. Wilmington, Delaware, Sept. Autonom Service, a car rental company, invested Euro 15 million (USD 16. 23 Sep, 2021, 05:05 ET. 91 billion in 2023 at a compound annual growth rate (CAGR) of 16. 50 billion in 2022 to $9. This press release was orginally distributed by SBWire New Jersey, USA — (SBWIRE) — 05/10/2022 — Advance Market Analytics published a new research publication on "Electric Car Rental Market. Menu. com Website: Electric Car Rental Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The tourism sectors in cities are expanding, which is expected to have a beneficial impact on the Indonesian car rental market growth. 65 mn during 2022-2027, accelerating at a CAGR of 12. Electric Car Rental Market Research Report Analysis By 2027 | Electric Car Rental Industry Information By Vehicle Type, Application, Service and Region - Forecast till 2027 - News and Updates info@marketresearchfuture. 000 billion. The Car rental market accounted for USD 119. Overall, the price war has brought down the average price. The. The remaining market comprises of organized players including financial institutions with licensed business as well as thousands of small local. 5% during the forecast period. Jan 19, 2023 (Heraldkeepers) -- New Jersey, United States– Infinity Business Insights provides a report on the Electric Car Rental market that has a variety. According to a report by Allied Market Research, the global electric vehicle rental market size was valued at $15. , Jan. In 2011, around 55,000 electric vehicles (EVs) were sold around the world. With rising pollution and population, and. 7% from 2021 to 2028. The total lithium-ion–battery market for EV passenger cars grew by 17 percent, to 117 gigawatt-hours in. The global car rental industry is highly lucrative and predicted to witness significant growth. 6%. Opportunities, 2018-2028 The Indonesia Tire Market was valued USD3. New York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “ Electric Car Rental Market Information by Vehicle Type, Application. 18 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9. The target market holds nearly a. To get the exact yearly growth variance and the Y-O-Y growth rate, View Report Snapshot. Demand For Rental Cars Due To Rise In International Tourism to Boost Growth | Technavio. 4% in the 2021-2028 period. The global. Latest Study on Industrial Growth of Global Electric Car Rental Market 2022-2028. 2017-2021. The report offers an up-to-date analysis regarding the. 47 Million in 2021 and is expected to reach USD 1261. 24 billion in 2021 to USD 137. Projected public charging revenue per electric vehicle in the United Kingdom between 2016 and 2027 (in Great British Pounds) UK. 65 mn during 2022-2027, accelerating at a CAGR of 12. The global electric vehicle (EV) charging infrastructure market size was valued at USD 19. 9 billion in 2022 and is estimated to showcase around 20% CAGR during 2023 to 2032, driven by the rising implementation of stringent government regulations for reducing emissions. According to our primary respondents’ research, the Car Rental market is predicted to grow at a CAGR of roughly 4. 56 billion by 2028, at a CAGR of 17. 2022-2027. 54 billion in 2023, boasting a noteworthy Compound Annual. 4 billion in 2023, the market is likely to surpass US$ 307. Due to the rising focus to decrease the emission of harmful. 08 Billion. The high demand for electric car rental services, associated advantages and the rise in demand for sustainable travelling solutions, energy-friendly travelling options, and environmental awareness to minimize carbon emission are the factors leading to the growth of the Electric Car Rental Market. 57 billion in 2030, with a CAGR. Zambia is the third fastest-expanding tourism destination in the world, which contributes considerably to the country’s GDP as well as to the growth of the electric car rental market. The average price paid for an electric vehicle in the United States was less than $51,000 in September, according to Cox Automotive. 22, 2023 (GLOBE NEWSWIRE) -- The . The global electric vehicle (EV) charging infrastructure market size was valued at USD 19. The size of the market is forecast to increase by USD 11,246. e. “EV growth is here to stay, so we will see more EVs in all parts of our automotive. 50 billion in 2022 to $9. Nissan LEAF | Electric Range: 240 / 363 km*. The Electric Car Rental market report is segmented into sub-segments for comprehension and imbued with valuation and growth patterns. LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car rental market and it is poised to grow by USD 7. this year, according to Atlas Public Policy. NEW YORK, June 22, 2021 /PRNewswire/ — The global electric car rental market is poised to grow by USD 7. Forecast period. Pune, India, April 19, 2021 (GLOBE NEWSWIRE) -- According to the report, Car Rental Market size is projected to reach USD 144. In 2021, electric car sales more than doubled to 6. 67 billion in 2020, growing at a CAGR of 6. 46 billion by 2029, exhibiting a CAGR of 6. 15 million in 2021, and it is anticipated to increase to USD 2363. 13 billion in 2023 to USD 1,139. 01% during the forecast period. The Global Car Rental Market size is expected to be worth around USD 275 Billion by 2032, From USD 121. Executive summary. Prior to COVID-19, the car rental industry in Thailand was expanding steadily and profitably, and more individuals were hiring cars than in prior years. Download. London, UK -- ( SBWIRE) -- 02/17/2023 -- Electric Car. The reports further project the market to attain a valuation of around USD 10,111. In 2019, electric-vehicle (EV) sales set another sales record globally, and EVs became much more prominent in the public awareness in major. Report Coverage. The Electric Car Rental Market is poised for significant growth as more consumers prioritize sustainability in their travel choices. 79 Billion in 2021 and is projected to reach USD 125. L. Electric car markets are seeing exponential growth as sales exceeded 10 million in 2022. Vehicle rental in Europe is the practice of renting or leasing a passenger car or commercial vehicle for the short term. The market is projected to register a CAGR of 10. 6% during the forecast period 2021-2026. New York, June 21, 2021 (GLOBE NEWSWIRE) -- Electric Car Rental Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Electric Car Rental Market. North America accounted for the highest share in the global car rental market in 2019, in terms of revenue, and LAMEA is anticipated to exhibit remarkable growth rate during the. 1 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 94. 30, 2023 (GLOBE NEWSWIRE) -- The electric vehicle charging station market size to hit USD 111. 3% of new. The market is. The global demand for Electric Car Rental Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. that we believe will shape the market over the coming decade. 32 billion in 2023 to USD 119. Car rental market growth accelerated by rising growth of the travel and tourism sector and increased awareness about electric mobility servicesNew York, US, April 30, 2023 (GLOBE NEWSWIRE. 5. 13 billion in 2023 to USD 1,139. 07 billion by 2027, projecting a CAGR of more than 11% during the forecast. . Reserve today. 15 million in 2021, and it is anticipated to increase to USD 2363. 52% during the 2022-2029 forecast period. Related Reports. This was over two and a half times more than in 2018. The global impact of COVID-19 has been unprecedented and staggering, with golf cars witnessing a negative demand shock across all regions amid the pandemic. A number of trends are influencing the car rental market, which include the transition to electric car rental vehicles, the increasing use of rental cars for leisure purposes and the incorporation of shared mobility into the car rental business model. 1% during 2023-2028. Electric Car Rental Market Trends, Growth Opportunities, and Forecast Scenarios to 2028 Lockdowns across the globe in 2020 and continuing restrictions in 2021 disrupted the Electric Car Rental supply chain posing challenges for manufactures in the Electric Car Rental industry. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. 6 Billion by 2030, growing at a CAGR of 4. METHODOLOGY. 9 Billion by 2023, growing at a CAGR of 8. UK: forecast public charging revenue per electric vehicle 2016-2027. 25% to reach US$3,769. Electric Car Rental Market Trends, Growth Opportunities, and Forecast Scenarios to 2028 Lockdowns across the globe in 2020 and continuing restrictions in 2021 disrupted the. Further, the market generated a revenue of USD 100 billion in the year 2022. Forecast period. 84 billion in 2023 to USD 575. . LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car rental market and it is poised to grow by USD 7. . 4% in the 2021-2028 period. Forecast Period. 91 billion in 2023 at a compound annual. 13, 2021 (GLOBE NEWSWIRE. The China Electric Vehicles Market size is expected to grow from USD 260. 21 billion by 2030, exhibiting a CAGR of 7. North America to Have Lions Share in Car Rental Market By region, the car rental market covers growth opportunities and the latest trends across Europe, the Asia Pacific (APAC), North America, and. The potential growth difference for the electric car rental market between 2020 and 2024 is USD 7. Electric cars earned a record-high the market share of 75% in Norway, up about one-third from 2019. 1% from 2021 to 2028. The report offers an up-to-date analysis regarding the cur…Pricing Details. March 20, 2023 13:18 ET | Source: Vantage Market Research. The global electric car rental market size is expected to reach $17. 92 billion in 2019 and is projected to reach $214. Comprehensive details of factors that will challenge the growth of car rental market vendors;. The car industry will stay in low gear in 2024. Over the long term, the car rental market's growth is favorable due to stringent government legislation on purchase and car driving in the country. Shift towards Electric/Hybrid. The global Electric Vehicle Rental market size is projected to reach USD million by 2028, from USD million in 2021, at a CAGR of Percent during 2022-2028. 2 Million in 2020, at a CAGR of 15. The global car rental market is estimated to garner a revenue of USD 250 billion by the end of 2033 by growing at a CAGR of ~10% over the forecast period, i. The reports further project the market to attain a valuation of around USD 10,111. 03 billion in 2020. 6% from 2021 to 2028. 64% between. 527 million in 2027 from US$2,309. To meet a charger-to-car ratio of 7:1 — which the California Energy Commission concluded would be needed to support the state’s goal of 5 million EVs on the road by 2030 — the entire country. 99%, resulting in a projected market volume of. The electric car rental market is poised to grow by $11246. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. Ola Bikes, Uber, Rapido, and Zoomcar are some of the very successful Indian ridesharing startups. The car sharing market size was worth USD 2. Our latest report on the luxury-automobile market updates McKinsey’s extensive research on the sector. This paves the way for remarkable growth in the global car rental market over the forecast period. The Electric Car Rental market industry is projected to grow from USD 11. The size of the worldwide electric car rental market was USD 867. 5% during 2022-2028. The increased presence of top-notch companies and the. Details. Europe will account for 42% of the growth of the global market during the forecast period. Electric Car Rental Market Scope. 36% by 2027, the rising. 18 trillion during 2021-2025, progressing at a CAGR of. New Jersey, NJ -- -- 07/22/2022 -- The Latest research study released by HTF MI "Global Electric Car Rental Market Growth (Status and Outlook) 2022-2030" with 101+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers,. 42 Million by 2027 registering a CAGR of over 9. 0 million by 2029. 65 mn during 2022-2027, accelerating at a CAGR of 12. Future developments may include increased vehicle autonomy and. 65 billion in 2022 and is projected to grow from USD 500. 83% to reach US$2. China, with 4. Pune, India, April 19, 2021 (GLOBE NEWSWIRE) -- According to the report, Car Rental Market size is projected to reach USD 144. Sustained policy support has been one of the main reasons for strong electric car sales in many markets, with overall public spending on subsidies and. 0 billion by the next 5 years, registering a CAGR of 11% during the forecast period. E-bikes enable users to cycle further and more often. Electric Car Rental Market Highlights Market Research Future (MRFR) expects the Electric Car Rental Market to expand to a size of approximately USD 15 Billion by 2025-end. This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries. The African market for electric car rental services can perform well in the ensuing years, all because of the favorable growth of the tourism industry. 40 billion in 2022 to $15. S. The Car. 36% by 2027, the rising. 8% during the forecast period. The United States vehicle rental market is majorly dominated by Avis Budget Group, Enterprise Rent-A-Car and Hertz Global Holdings Inc. 3 billion in 2020 and is projected to reach $65. 13 billion in 2021, and it is expected to reach USD 20. In the upcoming 5 years, the market for renting and leasing cars is expected to register a CAGR of more than 9% per year. Diesel will. 11% through 2028 on account of country's increasing domestic automobile market and increased exports. Fully considering the economic change by. 42 billion and is expected to achieve a CAGR (Compound Annual Growth Rate) of 7. 1 million, light-duty vehicles accounted for 9 out of every 10 motor vehicles registered in 2021, with passenger cars remaining the most common type. 65 mn during 2022-2027, accelerating at a CAGR of 12. The global car rental market size was valued at $92. 157. The Global Car Rental Market was valued at USD 98. 9, 2021 /PRNewswire/ -- The electric car rental market is set to grow by USD 8. S. Furthermore, by 2027, car rental industry statistics predict that the market will have increased by 3. 5% from 2023 to 2030. S. 50 billion in 2022 to $9. 65 million from 2022 to 2027. WASHINGTON, March 20, 2023 (GLOBE NEWSWIRE) -- Global Car Rental Market is valued at USD 98. 7% from 2020 to 2027. 6% market share of electric cars in worldwide car sales constitutes a record. Automotive. 7 per cent growth in new companies registering this year as per RTA figures. LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car rental market and it is poised to grow by $7. Influential trend: – Advancement in technology offering an app-based platform for the subscription car. TheNEW YORK, Nov. The market is projected to grow from USD 728. The investments in the car-sharing market, at approximately $3 billion, are small compared with investments in e-hailing. The market is projected to grow from USD 28. 21 billion by 2030, exhibiting a CAGR of 7. Our report on the electric car rental market provides a holistic analysis, market size and forecast, trends, growth. New Jersey, N. 23, 2021 /PRNewswire/ -- The global car rental market size is anticipated to reach USD 141. Cars owing to Covid-19” observed that UAE car rental and leasing market is in a growth phase, and is recovering strongly from the economic crisis after pandemic. New York, US, May 01, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “Truck Rental Market Information by Truck Type, Lease Type, and Region. Chapter 3: Electric Car Rental Market Historical (2023-2030) and Forecast (2023-2030) Volume and revenue analysis of Electric Car Rental Market in North America, Europe, Asia-Pacific, Latin. Comprehensive details of factors that will challenge the growth of car rental market vendors;. , Sixt Rent A Car, LLC, Europcar. 65 mn during 2022-2027, accelerating at a CAGR of 12. The car rental market in UAE, under both rental and leasing models had a fleet of 110,000 passenger vehicles and 85,000 commercial vehicles in 2018 (with a total of 195,000). The electric car rental market size is estimated to grow at a CAGR of 12. 6. Contact Data Contact: Market Research Future Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: [email protected] the 10 months leading up to October, sales of fully electric. Cars owing to Covid-19” observed that UAE car rental and leasing market is in a growth phase, and is recovering strongly from the economic crisis after pandemic. 69 billion in 2021 to USD 2. Pune, India, July 26, 2022 (GLOBE NEWSWIRE) -- The global car rental market size hit USD 68. 24 billion in 2021 to USD 137. NEW YORK, Jan. 36 billion in 2021 and is forecast to register a CAGR of 7. . The tools used to analyze the Global Subscription Car Rental Market research report include SWOT analysis. Market Research. The global Electric Car Rental market focuses on encompassing major statistical evidence for the Electric Car Rental industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. Truck Rental Market Regional Insights. The UAE Electric Vehicle Market size is projected to grow at a CAGR of 24. The global electric vehicle market size was valued USD 384. METHODOLOGY. 64% between 2022 and 2027. Details. Saudi Arabia car rental & leasing market has witnessed sound growth at a CAGR of around 12. . Basis Point Share (BPS. UK: forecast public charging revenue per electric vehicle 2016-2027. Saudi Arabia car rental & leasing market has witnessed sound growth at a CAGR of around 12. The global golf cart market size was USD 1. 2% from 2021 to 2030. " Global "Electric Car Rental Market" [NEW. Electric Car Rental Market Research Report. The car rental service market is estimated to expand at 7. electric vehicle market size was USD 24. 120. The report shows that electric vehicles (EVs) currently make up only 3% of car sales worldwide. An electric bike is a bicycle with a motor and rechargeable batteries that assist the rider and alleviate some of the pressure of pedaling. The rising demand for micro mobility and emission-free vehicles, growing traffic congestion, strict emission norms, and increasing demand for an economical mode. 4 Billion in 2021 and is projected to. The global recreational vehicle market size was valued at USD 47. Forecast Year Market Size (2033) ~ USD 250 Billion. 50 billion in 2022 to $9. 5 million electric cars, has the largest fleet. Experts say the rental car industry trend reflects America’s broader societal shift toward electric cars. Zambia is the third fastest-expanding tourism destination in the world, which contributes considerably to the country’s GDP as well as to the growth of the electric car rental market. The Electric Car Rental Market study with 113+ market data Tables, Pie charts & Figures is now released by HTF MI. It is expected to grow to USD 25. According to Precedence Research, the car rental market size is expected to hit around US$ 186. 0 billion in the current year. In Europe, car rentals are usually available at affordable costs. According to our primary respondents’ research, the Car Rental market is predicted to grow at a CAGR of roughly 4. Electric Car Rental Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030. For example, sales of EVs grew by 15 per cent in 2019 compared to 2018, driven by the growth of BEVs in Europe (+93 per cent), China (+17 per cent) and ‘other’ regions (+22 per cent). 7% in Q2 of 2021). Follow. Close. usage of the Battery based electric vehicles into the industrial perspective of operations and within the Global Electric car rental market. Contact Data Contact: Market Research Future Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture. 21 billion in 2022 to USD 113. 17 billion by 2028, registering a CAGR of 4. Germany Car Rental Market Analysis. The global car rental & leasing market size was valued at USD 641. The new electric car rental market research from Technavio indicates Negative growth in the. Top players are Europcar, The Hertz Corporation, Enterprise Rent-A-Car, Sixt SE. 4bn by 2028. 92 Billion in 2022 and is expected to. EV Market 2022-2030: The global electric vehicle market was valued at $163. 4 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8. 91 billion in 2023 at an impressive. 8 million in 2022. 65 mn during 2022-2027, accelerating at a CAGR of 12. The increasing popularity of smartphone-based online rental car booking apps, the car rental business has gotten a lot of attention. Electric Car Rental Market report from ReAnIn offers insights on Global Market Size (Historical and Forecast), Market Share, Latest Trends across Market Segments, Competitive Landscape and Market Dynamics. According to the research report, Europe Car Rental Market Outlook, 2028 the market is anticipated to add market size of USD 17. 10 billion by 2030, exhibiting a CAGR of 17. Historic period. The global electric car rental market is fragmented, and the five forces analysis covers–The Electric Car Rental Market report upholds the future market predictions with market size, revenue, production, Consumption, gross margin and other substantial factors. LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car rental market and it is poised to grow by USD 7. J. Market consumption volumes declined with a CARC of . Electric vehicles are gaining popularity and market share. The Global Electric Car Rental Market Size is expected to grow at a 15% CAGR and is estimated to be worth USD 34. 14 bn during 2020-2024 Electric Car Rental Market 2020-2024 - Avis Budget Group Inc. The market is projected to grow from USD 12. Global Electric Car Rental Market 2023-2027 - Technavio has been monitoring the electric car rental market and it is poised to grow by $11246. Chinese Light Vehicle Leasing and Rental Market Report 2023 - EV Lineups' Competitive Intensity will Accelerate the. 67 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 25. 47 billion in 2022. In 2018, Europe had the same three to four percent EV market share we do now and, as of November. The Thailand Car Rental Market is valued at USD 811. Key takeaways. 64% during the forecast period.