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    Car Rental Market Surges to USD 92.69 Billion by 2033, Propelled by 7.5% CAGR - Verified Market Reports

    The car rental market is experiencing robust growth, driven by rising urbanization, increasing tourism, and expanding business travel. Market demand surges as consumers seek flexible, cost-effective mobility solutions. Rapid digitalization, AI-powered fleet management, and contactless rentals enhance customer experience, fueling adoption. Subscription-based models and electric vehicle (EV) integration reshape industry dynamics, appealing to environmentally conscious consumers.

    LEWES, Del., April 7, 2025 /PRNewswire/ -- The Global Car Rental Market is projected to grow at a CAGR of 7.5% from 2026 to 2033, according to a new report published by Verified Market Reports. The report reveals that the market was valued at USD 50.57 Billion in 2024 and is expected to reach USD 92.69 Billion by the end of the forecast period.

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    Browse in-depth TOC on Car Rental Market

    202 – Pages
    126 – Tables
    37 – Figures

    Scope of The Report

    REPORT ATTRIBUTES

    DETAILS

    STUDY PERIOD

    2022-2033

    BASE YEAR

    2024

    FORECAST PERIOD

    2026-2033

    HISTORICAL PERIOD

    2022-2023

    UNIT

    Value (USD Billion)

    KEY COMPANIES PROFILED

    Avis Budget, Carzonrent, Enterprise Holding, Europcar, Hertz, Sixt

    SEGMENTS COVERED

    By Customer Type, By Rental Duration, By Vehicle Type, By Rental Purpose, By Booking Channel, By Geography

    CUSTOMIZATION SCOPE

    Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

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    Car Rental Market Surges to USD 92.69 Billion by 2033, Propelled by 7.5% CAGR - Verified Market Reports The car rental market is experiencing robust growth, driven by rising urbanization, increasing tourism, and expanding business travel. Market demand surges as consumers seek flexible, cost-effective mobility solutions. Rapid digitalization, …

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