The major players in global market include Enterprise, Hertz, Avis Budget Group, Europcar, Sixt, ALD Automotive, Localiza, Movida, CAR Inc., Unidas.
Geographically, this report split global into several key Regions, with, revenue (million USD), market share and growth rate of Car Rental for these regions, from 2012 to 2022 (forecast)
1 Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
1.1 Research Programs/Design
Table Research Programs/Design for This Report
(2012-2016) Industry Trends Global Revenue;
Status and Outlook;
Mergers and Acquisitions Product Revenue for Top Players
Present Situation Analysis;
By Regions/ Geography Sales Revenue
Present Situation Analysis
Factors Market Environment
Technological Changes Market Drivers
Growing Demand of Downstream
Reduction in Cost
Market Risks Market Opportunities and Challenges
(2017-2022) Market Size Forecast
Global Overall Size
By Type/Product Category
By Applications/End Users
By Regions/Geography Key Data (Revenue)
Market Share (%);
Growth Rate (%);
Product Sales Price
1.2 Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Car Rental market size market and estimate the market size for manufacturers, regions segments, product segments and applications (end users).
The market estimations in this report are based on the marketed sale price of Car Rental (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). The percentage splits, market shares, and breakdowns of the product segments are derived on the basis of weightages assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Car Rental market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major players in the market are identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market shares, growth rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from QYResearch and presented in this report.
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Figure Bottom-up and Top-down Approaches for This Report
1.3 Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Figure Data Triangulation
Primary Sources Secondary Sources
Technology and Innovation Directors
Executives from Related Industries and Organizations Annual Reports
Demand Side Interviews With:
Research Institutes TRADING ECONOMICS
Federal Reserve Economic Data
Source Key Manufacturers Market Analysis by Product Category Market Forecast
Competitive Landscape Market Analysis by Regions Market Estimates
Market Share and Growth Rate Market Analysis by End Users /Applications Risks, Opportunities and Challenges
2 Data Source
2.1 Secondary Sources
Secondary Sources such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on; This research study involved the usage of widespread secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; BIS Statistics; ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the Car Rental market. It was also used to obtain important information about the top players, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Table Key Data Information from Secondary Sources
Parameters Key Data Sources
Market Size Segmental Revenue/Sales Volume Journals, Websites, and Press Releases
Annual Reports and SEC Filings
Company Websites and Press Releases
Public and Paid Databases
QYResearch Data Repository
Product Adoption Rate For Different End Users
Market Position of Top Players Product Financials
Geographic Revenue Mix
Total Company Revenue
Business/Segmental Revenue Mix
Qualitative Analysis Influence Factors Company Websites and Press Releases
Public and Paid Databases
QYResearch Data Repository
Market Risks and Opportunities
2.2 Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation types, product price range, product applications, key players, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Table Key Data Information from Primary Sources
Primary Sources Parameters Key Data
Market Segments By Product Types Revenue by Product Types,
Status and Outlook Revenue and Market Share of Product Types
Revenue and Growth Rate of Product Types
(End Users) Value by Applications/End Users,
Status and Outlook Value in Major Applications
Percentage and Growth Rate of Each Application
by Regions Revenue by Regions, Status and Outlook (2012-2022) Revenue, Growth Rate and Market Share by Regions
Global Market Global Overall Size (Revenue), Present Situation and Forecast Global Market Size Status and Forecast (2012-2022)
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