Australia Car rental Market is Expected to Grow at a CAGR of 4.6% during the Forecast period (2017-2025)

australia car rental industry

New York, USA, 2018-May-17 — /EPR Network/ —According to Goldstein Research, one major driver in the market is growing tourist flows into Australia, particularly from Asia, are set to be the key factor of growth. Moreover, the Australian government has endorsed an aggressive tourism target as part of the Tourism 2020 strategy, which will further propel the growth of car rental market in Australia. Australia car rental market outlook also includes government regulations, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe.

Additionally, the report states that challenges in Australia car rental market such as inconsistent and insufficient regulatory frameworks. The car rental industry abides by eight different state and territory regulatory and tax regimes.

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Market Segmentation

On the basis of our in-depth analysis, Australia car rental market can be segmented as follows:

By Rental Type

o          Chauffeur Drive

o          Special Events

o          Self-Driving

o          Business Rental

By Services Type

o          Interstate Services

o          Intrastate Services

o          Airport Transfers

By Vehicles

o          Luxury Cars

o          Executive Cars

o          Economy Cars

o          Sports Utility Vehicles

o          Multi Utility Vehicles

By Mode of  Booking

o          Online Bookings

        App-based car rental services

        Telephonic car rental services

        Web-Based Car Rental Services

o          Offline Bookings

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“Australia Car rental Market Outlook 2024” contains detailed overview of the Australia car rental market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by rental type, by services, by vehicles and by mode of bookings.

Further, for the in-depth analysis, Australia Car rental Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Avis Australia Car Rentals, Hertz Investment (Holdings) Pty Limited, Europcar Asia Pacific, Tourism Holdings Ltd, Uber, GoCatch, Ingogo, GoGet, Flexicar and GreenShareCar. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the Australia car rental market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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