Snapshot Table of contents Methodology Electric Car Rental Market Report 2023-2027 The electric car rental market size is estimated to grow at a CAGR of 12. The growth of the car rental market; Analysis of the market’s competitive landscape and detailed information on vendors; Comprehensive details of factors that will challenge the growth of car rental market vendors; Related Reports: The electric car rental market size is estimated to grow at a CAGR of 12. 10 Years of EV Sales by Country. 69 billion in 2021 to USD 2. 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. 2021-2025. 39 million by 2028, indicating a Compound Annual Growth Rate (CAGR) of 15. Related Reports. Key Companies Covered in the Global Car Rental Market Research Report by Research Nester are Hertz Global Holdings, Inc. 21 billion by. In the upcoming 5 years, the market for renting and leasing cars is expected to register a CAGR of more than 9% per year. 6% of the total auto market (up from 2. The car rental industry in Dubai alone accounted for 23. 000 billion. 7% of the global light-duty vehicle (LDV) fleet in 2020 to 31% in 2050, reaching 672 million EVs, predicts the US Energy Information Administration ( EIA ). 15% during the forecast period (2023-2028). , but industry analysts anticipate the EV market share in the U. SAN FRANCISCO, Sept. 8% during the forecast period. 92 billion in 2019 and is projected to reach $214. The market is projected to grow from USD 28. . 89 billion in 2022 to USD 214. The demand for car rental services is being driven by a significant uplift in the number of people traveling for both business and pleasure all over. According to IEA data, electric car sales in Iceland surpassed 50%, Sweden 30%, and the. 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. 39 million by 2028, indicating a Compound Annual Growth Rate. 91 billion in 2023 at a compound annual growth rate (CAGR) of 16. 7 Billion by 2028, exhibiting a growth rate (CAGR) of 3. It is bigger than it looks and has enough. The global car rental market had a market size of $64. Diesel cars accounted for more than 50% of EU auto sales in 2015, but in October 2023, that percentage had dropped to only 12%. 96 million by 2033, growing at a CAGR of 5. 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. 84 billion in 2021. Key Insights from Primary Research: As per the analysis shared by our key respondents, the Electric Vehicle market is expanding at a CAGR of around 24. Car Rental Market Size was valued at USD 107. The Global Electric Car Rental market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. Global Electric Car Rental Market Report Overview. Electric Car Rental Market was valued at USD 9. In 2023, it is anticipated that the worldwide car rental market will amount to USD 104. 1. 91 billion in 2023 at a compound annual. 66%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. This momentum is expected to continue, reaching $17. 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. 65 mn during 2022-2027, accelerating at a CAGR of 12. 6% from 2021 to 2028. With many countries. The Electric Car Rental market industry is projected to grow from USD 11. 14 bn during 2020-2024, progressing at a CAGR of 11% during the forecast period. Global Electric Car Industry. 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 - Forecast till 2030", The truck rental market can expect to go from USD 107. 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. 1 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 94. 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. Forecast period. 11, 2023 /PRNewswire/ -- According to Technavio, the global electric car rental market size is estimated to grow by USD 11,246. 2020. Fortune Business Insights™ presented this information in an upcoming report, titled, “Luxury Car Rental Market Size, Share & Industry Analysis, By Rental Type (Business, Leisure), By Booking. 1% CAGR: Custom Market Insights (Share, Report, Trends, Forecast, Trends, Segmentation) [220+ Pages Latest Report] According. Key takeaways. Revenue in the Car Rentals market is projected to reach US$29. At 24. According to the Market Statsville Group (MSG), the global car rental market size is expected to grow from USD 99,430. The size of the worldwide electric car rental market was USD 867. 2. 65 mn during 2022-2027, accelerating at a CAGR of 12. 4m in 2020, representing a compound annual rate of change (CARC) of -15. 55 billion in 2028 at a CAGR of 6. A vertical stack of three evenly spaced. 65 mn during 2022-2027, accelerating at a CAGR of 12. Car rental market growth accelerated by rising growth of the travel and tourism sector and increased awareness about electric mobility services April 30, 2023 20:19 ET | Source: Market Research FutureVantage Market Research. 40 billion in 2022 to $15. 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. 01% during the period 2017-2021. 6% in terms of fleet size from rental segment during. Frequent suspension of public transport systems coupled with the highly contagious nature of the virus propelled the need for passenger cars. 9% from 2021 to. 47 Million in 2021 and is expected to reach USD 1261. The environmental impact of conventional gasoline vehicles and the rise in fuel prices have paved the way for. The latest market research report by Technavio on the global electric car rental market predicts a CAGR of around 11% during the period 2017-2021. 0% in the 2021-2028 period. " Electric Car Rental Industry Statistics Cognitive Market. The global electric car rental market is poised to grow by USD 7. The rising levels of carbon emissions and other harmful gases stemming from transportation have triggered the necessity of adopting electric. Germany Car Rental Market Analysis. 0. 65 mn during 2022-2027, accelerating at a CAGR of 12. The report offers an up-to-date analysis regarding the cur…Pricing Details. Also, the advent of robotaxis coupled with the rising adoption of car rentals in electric vehicle sectors have bolstered the market growth. DOWNLOAD PDF. 72 billion by 2030, exhibiting a CAGR of 15. According to our primary respondents’ research, the Electric Car market is predicted to grow at a CAGR of roughly 19% during the forecast period. 120. 65 mn during 2022-2027, accelerating at a CAGR of 12. 8% during the forecast period. 1 billion in 2022, and is projected to reach $2. Consumer Interests for On Demand Transportation: Commuters are increasingly demanding familiar, reliable, and high. The global electric vehicle rental market is estimated to garner a substantial revenue and grow at a CAGR of ~7% over the forecast period, i. Company. 64% between. Electric Car Rental Market Growth Opportunities: • Growing Penetration of Rental Services Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & AfricaA BloombergNEF study reveals that the global electric vehicle market size and adoption will grow in the long run. 8% by registering a revenue of $30,529. 04 billion in 2021 and expected to surpass a net valuation of USD 4. The car rental industry has undergone a drastic transformation over the past few. The tools used to analyze the Global Subscription Car Rental Market research report include SWOT analysis. The global impact of COVID-19 has been unprecedented and staggering, with the market in the United States witnessing a negative demand. Electric Car Rental Market Services and Solutions Top Companies, Revenue, Trends and AdvancementsNew York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market. 13, 2022 (GLOBE NEWSWIRE) -- The global car rental market size was worth at around US$ 102. But in 2019, the number of units sold increased only to 2. Base year. Page number. S. Market Trends 5. Details. . Autonom Service, a car rental company, invested Euro 15 million (USD 16. 14 bn during 2020-2024, progressing at a CAGR. 7 Million by 2026, from USD 866. , Jan. The Europe vehicle rental market size was valued at USD 11. Influential trend: – Advancement in technology offering an app-based platform for the subscription car. 01 million by the end of 2030. Click Here To Get A Sample. The growth potential for the EV rental market is high, clearly driven by the need to cut emissions. It also examines the. A large number of the Indian population prefer to use rental and ridesharing services to reach their destination. 8, 2022 /PRNewswire/ -- The electric car rental market is fragmented. NEW YORK, Jan. New Jersey, NJ — — 05/18/2022 — 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. 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. The report offers an up-to-date analysis regarding the. The market was negatively impacted by COVID-19 in the first half of 2020. The research report is titled “Electric Car Rental Market research by Types (Economy cars, Luxury cars), By Applications (Electric. NWTN Inc. The report titled “Philippines Car Rental, Car Leasing, Cab Aggregator and Yellow Taxi Market Outlook to 2023 – Driven by Planned Fleet Addition and Growth in Tourism and Construction Sector” provides a comprehensive analysis on the car rental market of the Philippines. NEW YORK, Nov. 2 Million, at a CAGR of 15 % by 2030 | Wattacars, Blueindy, Zipcar, Zoomcar NEW YORK, NY, UNITED STATES, April 18, 2023. London, UK -- ( SBWIRE) -- 02/17/2023 -- Electric Car. 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. It is expected to grow to USD 25. Demand For Rental Cars Due To Rise In International Tourism to Boost Growth | Technavio. 2022. The report analyzes the car rental market’s drivers, restraints/challenges, and the effect they have on the. Clean energy and improved. 65 billion by 2030, exhibiting a CAGR of 4. GCC Car Rental Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)The global market for Electric Car Rental in Airport is estimated to increase from USD million in 2023 to USD million by 2029, at a CAGR during the forecast period of 2023 through 2029. Base year. 527 million in 2027 from US$2,309. 15 million in 2021, and it is anticipated to increase to USD 2363. Currently, EVs make up only three to four percent of the new light duty market here in the U. According to a report by Allied Market Research, the global electric vehicle rental market size was valued at $15. The global COVID-19 pandemic has been unprecedented and staggering, with commercial vehicle. 50 billion in 2022 to $9. 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. Growth rate of total car rental market is going to increase over the period as car leasing becomes easier, and market penetration rates increase in the country. 28 billion in 2021, and it is expected to reach USD 223. This was over two and a half times more than in 2018. 32 billion in 2023 to USD 119. 92 Billion in 2022 and is expected to. The Global Electric Car Rental Market will grow by $7. 50 billion in 2022 to $9. com's offering. 24 billion in 2021 to USD 137. 6 billion by 2028, with a compound annual growth rate (CAGR) of approximately 6. 42 billion in 2021. 62 billion in 2020 and is projected to grow from USD 1. The car sharing market size was worth USD 2. 8% during the forecast period. The market is projected to register a CAGR of 10. 0 billion by the next 5 years, registering a CAGR of 11% during the forecast period. The demand for car rental services has increased due to the growth of the tourism industry and the cost advantages they offer to the users. The global electric vehicle (EV) charging infrastructure market size was valued at USD 19. The electric car rental market is poised to grow by $11246. 5% CAGR during the 2023 to 2029 assessment period. 14 billion during 2020-2024, progressing at a CAGR of over 11% during the. 65 mn during 2022-2027, accelerating at a CAGR of 12. 64% between 2022 and 2027. 5% during 2022-2028. The global commercial vehicle rental and leasing market size was valued at USD 77. 65 million from 2022 to 2027. 6% market share of electric cars in worldwide car sales constitutes a record. 6% during the forecast period. com's offering. 24 billion in 2021, and is anticipated to keep leading over the projected period. Close. Press release - Researchmoz - Electric Car Rental Market ? Detailed Analysis Of Current Industry Figures With Forecasts Growth By 2026 including Top Players ALD Automotive, Arval, Sixt, Europcar. Car Rental Platform Market size was valued at USD 89. The Car Rental industry is projected to grow USD 200. Due to the rising focus to decrease the emission of harmful. 65 million from 2022 to 2027. 64% during the forecast period. The car industry will stay in low gear in 2024. The market is projected to grow from USD 728. Market consumption volumes declined with a CARC of . The market is. Comprehensive details of factors that will challenge the growth of car rental market vendors. Car rental & leasing refers to the industry that provides vehicles to customers for short-term rentals or. Total annual revenue for carsharing in the U. NEW YORK, Jan. Market Growth Drivers: – Growing demand for a flexible alternative to owning a car without any ties or liability. Moreover, the growth momentum will progress. 3 million, from 2. This paves the way for remarkable growth in the global car rental market over the forecast period. 67 billion in 2020, growing at a CAGR of 6. Forecast period. 5 billion in 2019 to 10. 30 billion. Electric Car Rental Market Size was valued at USD 9. Indonesia Car Rental Market - Growth, Trends, Covid-19 Impact, and Forecasts. 42 billion in 2021. The new electric car rental market research from Technavio indicates Negative growth in the short term as the business impact of COVID-19 spreads. 14 billion during 2020-2024. As…Europe Vehicle Rental Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023-2028). The market is projected to grow from USD 82. UK: forecast public charging revenue per electric vehicle 2016-2027. electric vehicle market size was USD 24. LPI (LP Information)' newest research report, the â Electric Car Rental Industry Forecastâ looks at past sales and reviews total world Electric Car Rental sales in 2022, providing a comprehensive analysis by region and market. The past year was a pivotal one, with many important achievements across the disruptive dimensions of mobility: autonomous driving, connectivity, electrification, and shared mobility (ACES). 08 Billion. Top players are Europcar, The Hertz Corporation, Enterprise Rent-A-Car, Sixt SE. 64% during the forecast period. Forecast Year Market Size (2033) ~ USD 250 Billion. The global electric car rental market is set for an electrifying surge, projecting growth from $8. Electric Car Rental Market Report 2022 focuses on company overview with market characteristics, geographical representation of industry size, share and growth analysis with revenue details and. The Electric Car Rental Market research 2022-2028 offering the complete outlook of market size, share and growth opportunities, industry segmentation by product type, applications and geographical. The increasing popularity of smartphone-based online rental car booking apps, the car rental business has gotten a lot of attention. The research estimates global Electric Car Rental market revenues in 2021, considering the Electric Car Rental market prices, supply, demand, and trade analysis across regions. The size of the market is forecast to increase by USD 11,246. 2022-2027. 94bn in 2023. Chapter 1: Electric Car Rental Market Product Definition, Product Types, Volume, and Revenue Analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. 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. The share of electric cars in total sales has more than tripled in three years, from around 4% in 2020 to 14% in 2022. 5% according to RationalStat. Global Electric Car Rental Market Analysis and Forecast by Type 5. MRFR also estimates that. With many countries getting plugged into electrification, the global EV market has seen exponential growth over the last decade. The. The United States vehicle rental market is majorly dominated by Avis Budget Group, Enterprise Rent-A-Car and Hertz Global Holdings Inc. 39 Billion in 2023 to USD 34. Accelerate at a CAGR of 11. 49% between 2020-2025. 13, 2021 (GLOBE NEWSWIRE. In 2021, electric car sales more than doubled to 6. Executive summary. Diesel will. 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. LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car rental market and it is poised to grow by $7. . The market is driven by factors such as government initiatives to promote sustainable transportation, increasing. 01 billion in 2020, and is projected to reach $823. EV Market 2022-2030: The global electric vehicle market was valued at $163. Report Coverage. The electric car rental market size is estimated to grow at a CAGR of 12. 2 Billion in 2022. Pune, Feb. Latest Study on Industrial Growth of Global Electric Car Rental Market 2022-2028. 22, 2023 (GLOBE NEWSWIRE) -- The . This growth is mainly due to the increasing adoption of electric bikes as a mode of transportation on a daily basis globally. The Indonesian car rental market is projected to witness a CAGR of 7. 1 million, for year-on-year growth of just 9 percent. 10 years later in 2021, that figure had grown close to 7 million vehicles. The global electric bike market was estimated to generate USD 14,404. 34% in 2020 as compared to 2019. 64% during the forecast period. Electric vehicles are gaining popularity and market share. 65 mn during 2022-2027, accelerating at a CAGR of 12. Recreational Vehicles (RVs) are portable units mounted on chassis and wheels. that we believe will shape the market over the coming decade. Canada Electric Car Market volume was 38576. Car rental is the service of renting automobiles for a specified period of time, either through offline or online channels. 3 billion in 2020 and is projected to reach $65. 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. 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. That is just 5% of total car sales, but it shows we're already entering the steep part of the S. The electric car rental market size is estimated to grow at a CAGR of 12. 9 percent over the forecast period. The shared-mobility market (as defined in the sidebar) accounted for approximately $130 billion to $140 billion in global consumer spending in 2019 (Exhibit 1). 10 billion by 2030, exhibiting a CAGR of 17. e. 55 billion in 2023 to USD 19. Chapter 1: Car Rental Market Product Definition, Product Types, Volume, and Revenue Analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa from 2023. 6%. The global COVID-19 pandemic has been unprecedented and staggering, with commercial vehicle. The global demand for Electric Car Rental Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the. The reports further project the market to attain a valuation of around USD 10,111. 00% during the forecast period (2023 - 2032). Menu. Truck Rental Market Regional Insights. 57 billion in 2030, with a CAGR. Opportunities, 2018-2028 The Indonesia Tire Market was valued USD3. to rise to 50 percent by 2030. 59 billion by 2030 from valued at US$ 95. Forecast period. With rising pollution and population, and. The growth of the market depends on several factors, including increasing demand for rental cars due to the rise in international tourism, the need for optimum performance. New Jersey, United States – Analysis of Electric Car Rental Market 2022 to 2028, Size, Share, and Trends by Type, Component, Application, Opportunities, Growth Rate, and Regional Forecast The. Electric Car Rental Market Size, Growth Rate, And Forecast The global electric car rental market size is expected to grow from $8. 6% in terms of fleet size from rental segment during. 50 billion in 2022 to $9. 2023-2027. 50 billion in 2022 to $9. Pune, May 20, 2021 (GLOBE NEWSWIRE) -- EV Market Analysis. Global Electric Car Rental Market Growth, Share, Size, Trends and Forecast (2023 - 2029). The new electric car rental market research from Technavio indicates Negative growth in the. 24 billion in 2021 to USD 137. Official forecasts for electric car take-up have been slashed. . 83 Billion by the end of 2032. The global Car Rental Market is expected to grow at a compound annual growth rate (CAGR) of 7% from 2019 to 2026. 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. 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. -October 29, 2020 at 04:31 am- MarketScreener. 9% from 2021 to. The global Car Rental Market is expected to grow at a compound annual growth rate (CAGR) of 7% from 2019 to 2026. e. The report on the electric car rental market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. 03 billion in 2020. The Electric Car Rental covers vital information on applications, categorization, predicted growth patterns, supply chain, financial and economic terminology, and numerous other market aspects. The Global Electric Car Rental Market is expected to grow at a 15% CAGR and is estimated to be worth USD 20. 14 billion during 2020-2024. 49% CAGR and will total USD 119. 07 billion by 2027, projecting a CAGR of more than 11% during the forecast period (2022 - 2027). EV sales rose 65 percent from 2017 to 2018 (Exhibit 1). Electric Car Rental Market Scope. 6. Fully considering the economic change by. The Global Electric Car Rental Market Size is expected to grow at a 15% CAGR and is estimated to be worth USD 34. 157. 64% between 2022 and 2027. 44 billion by 2027 end, registering a solid CAGR growth of 13. 22% during the forecast period, 2022-2027. Three underlying reasons explain this trend:. Growing adoption of information technology in the industry is enabling operators to deliver enhanced services to. com's offering. Advance Market Analytics published a new research publication on "Electric Car Rental Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. The potential growth difference for the electric car rental market between 2020 and 2024 is USD 7. 1% during the forecast period (2022 - 2030). EV Market 2022-2030: The global electric vehicle market was valued at $163. 54 billion in 2022 to USD 137. this year, according to Atlas Public Policy. . 2017-2021. 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. An in-depth analysis of historical trends, future trends, SWOT analysis, demographics, industrial advances, and regulatory requirements for the Electric Car Rental market has been performed to. Those carshare numbers have roughly doubled in five or six years, demonstrating steady growth but not an explosion. Follow. 64% between 2022 and 2027. 64% between 2022 and 2027. WASHINGTON, March 20, 2023 (GLOBE NEWSWIRE) -- Global Car Rental Market is valued at USD 98. 5 billion by 2033. 52%, resulting in a projected market volume of. Electric cars earned a record-high the market share of 75% in Norway, up about one-third from 2019. The global car rental & leasing market size was valued at USD 641. 12 Billion from 2023 to 2028. 1% from 2022 to 2030. The rising demand for micro mobility and emission-free vehicles, growing traffic congestion, strict emission norms, and increasing demand for an economical mode. 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 Research Report, Vehicle Type, Application, Service and Region - Forecast till 2027” the global market size is projected to reach around USD 19. [127 Pages Report] The global bike and scooter rental market is projected to grow from USD 2. Page number. The electric car rental market has witnessed significant growth in recent years, driven by the rising demand for eco-friendly transportation solutions and the increasing popularity of electric vehicles (EVs) worldwide. A housing market price drop 'only seen a handful of times' is coming in 2024, Morgan Stanley says. The global commercial vehicle rental and leasing market size was valued at USD 77. Details. NEW YORK, June 22, 2021 /PRNewswire/ -- The global electric car rental market is poised to grow by USDLONDON--Technavio has been monitoring the electric car rental market and it is poised to grow by USD 7. The global car rental market size was valued at $92. 1 North America Electric Car Rental Market Sales. 4% in the 2021-2028 period. 75 billion by 2030, registering a CAGR of 18. 65 billion in 2022 and is projected to grow from USD 500. Market Research Future (MRFR) expects the Electric Car Rental Market to expand to a size of approximately USD 15 Billion by 2025-end. The global electric car rental market is forecast to grow by. 60%. The reports further project the market to attain a valuation of around USD 10,111. Global Electric Car Rental Market 2021-2025 The analyst has been monitoring the electric car rental market and it is poised to grow by $ 8. The primary market drivers that favorably impact the market include the growth of the travel and tourism sector and increased cognizance of electric mobility services. In 2018, Europe had the same three to four percent EV market share we do now and, as of November. In 2022, the. 6% from 2021 to. 1% market share. 12 Billion from 2023 to 2028. 7% in Q2 of 2021). The escalating demand for electric and hybrid rental cars due to stringent environmental regulations, rising tourism and business travel, and growing trend toward flexible mobility solutions represent some of the key factors driving the market. 30, 2023 (GLOBE NEWSWIRE) -- The electric vehicle charging station market size to hit USD 111. 14 bn during 2020-2024, progressing at a CAGR. Technavio has been monitoring the electric car rental market and it is poised to grow by $11246. 65 mn during 2022-2027, accelerating at a CAGR of 12. A detailed study accumulated to offer Latest insights about acute features of the Electric Car Rental market. Electric Vehicles market unit sales are expected to. Nissan LEAF | Electric Range: 240 / 363 km*. 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. 2% from 2021 to 2030. The Car. WASHINGTON, March 20, 2023 (GLOBE NEWSWIRE) -- Global Car Rental Market is valued at USD 98. The COVID-19 pandemic caused the region's vehicle rental market to slow down completely due to the sudden and complete suspension of. 6% during the forecast period. 1% during 2023-2028. The global recreational vehicle market size was valued at USD 47.