Multi Utility Vehicle Rental Market to cross $14.4 Bn by 2032, Says Global Market Insights Inc.
Major multi utility vehicle rental market participants include Freightliner, Peterbilt, Kenworth, Daimler, Navistar, Mack Trucks, Scania AB, MAN, Isuzu Motors, Volvo Trucks, and others.
Selbyville, Delaware, Sept. 04, 2024 (GLOBE NEWSWIRE) —
The MUV (multi utility vehicle) rental market valuation is predicted to surpass USD 14.4 billion by 2032, as reported in a
Major companies in the MUV rental market include, Enterprise Holdings, Hertz Global Holdings, Avis Budget Group, Sixt SE, Europcar Mobility Group, National Car Rentalm, Alamo Rent A Car, Dollar Thrifty Automotive Group. Their main growth strategies include expanding their geographical presence, enhancing their service offerings, and investing in technology. Technological investments, such as the development of advanced booking systems and digital platforms, aim to improve customer experience and streamline operations. Additionally, these companies are diversifying their fleet to include a broader range of vehicles to meet various customer needs, from personal to business applications.
In Feb 2024, Enterprise Mobility announced a partnership with Thai Rent a Car to introduce new franchise locations offering car rental services from Enterprise Rent-A-Car, National Car Rental, and Alamo. The new branches, set to open in Thailand in July 2024, will be located at nine key sites across the country, including all major international airports.
Partial chapters of report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 industry 3600 synopsis, 2018 – 2032
Chapter 3 MUV (Multi Utility Vehicle) Rental Market Insights
3.1 Industry ecosystem analysis
3.2 Supplier Landscape
3.2.1 MUV manufacturers
3.2.2 Rental service providers
3.2.3 Booking platform developers
3.2.4 End-user
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news & initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Increasing travel and tourism industry
3.8.1.2 Rise in focus towards expanding fleet options
3.8.1.3 Increasing demand for flexible mobility solutions
3.8.1.4 Technological advancement of booking platforms
3.8.2 Industry pitfalls & challenges
3.8.2.1 Increasing competition from ride-sharing service providers
3.9 Growth potential analysis
3.10 Porter’s analysis
3.10.1 Supplier power
3.10.2 Buyer power
3.10.3 Threat of new entrants
3.10.4 Threat of substitutes
3.10.5 Industry rivalry
3.11 PESTEL analysis
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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