electric car rental market growth. Additionally, the rising number of foreign tourists in the country is. electric car rental market growth

 
 Additionally, the rising number of foreign tourists in the country iselectric car rental market growth 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 various travel restrictions and lockdowns implemented. 5 billion in 2019 to 10. WASHINGTON, March 20, 2023 (GLOBE NEWSWIRE) -- Global Car Rental Market is valued at USD 98. Recreational Vehicles (RVs) are portable units mounted on chassis and wheels. The car rental industry in Dubai alone accounted for 23. 75 billion by 2030, registering a CAGR of 18. 89 billion in 2022 to USD 214. 75 billion by 2030, registering a CAGR of 18. 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. Diesel cars accounted for more than 50% of EU auto sales in 2015, but in October 2023, that percentage had dropped to only 12%. 08 Billion. 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. 24 billion in 2021 to USD 137. 6 billion. 13 billion in 2023 to USD 1,139. 2020. 6%. Covered in this report The report covers the present scenario and the growth prospects. The global electric car rental market is forecast to grow by. LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car rental market and it is poised to grow by $7. . 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 period of 2022-2028. Chapter 2: Exclusive North America accounted for the largest share in the Electric Car Rental market in 2022 owing to the increasing collaboration activities by key players over the forecast. The Global Electric Car Rental Market will grow by $7. This momentum is expected to continue, reaching $17. S. A detailed study accumulated to offer Latest insights about acute features of the Electric Car Rental market. The car rental market in UAE, under both rental and leasing models had a fleet of 110,000 passenger vehicles and 85,000 commercial vehicles in 2018 (with a total of 195,000). The Market Outlook. March 20, 2023 13:18 ET | Source: Vantage Market Research. 65 million. On the one hand, some automotive OEMs develop car-sharing services in-house and leverage the opportunity to bring their own vehicles into the fleet at lower price points, which gives advantages in operating costs to. Ola Bikes, Uber, Rapido, and Zoomcar are some of the very successful Indian ridesharing startups. 84 billion in 2023 to USD 575. 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. New York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “ Electric Car Rental Market Information by Vehicle Type, Application. 03 billion in 2020. , but industry analysts anticipate the EV market share in the U. Market growth was disrupted owing to lockdowns and the reduced income of the population. Germany Car Rental Market Analysis. 83% to reach US$2. The market is projected to grow from USD 728. New Jersey, N. 65 mn during 2022-2027, accelerating at a CAGR of 12. LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car rental market and it is poised to grow by USD 7. 91 billion in 2023 at an impressive Compound Annual Growth Rate (CAGR) of 16. 21 Billion value by 2027, exhibiting a CAGR of 6. 47 Million in 2021 and is expected to reach USD 1261. MRFR also estimates that the market expansion rate to be 15?tween 2019 and 2025 (appraisal period). 7% in Q2 of 2021). 42 Billion by the end of 2030. The market is projected to grow from USD 12. com Website: Electric Car Rental Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. 39 million by 2028, indicating a Compound Annual Growth Rate (CAGR) of 15. NEW YORK, Jan. 6%, rising from its current value of US$ 80 billion to reach US$ 200 billion by the end of 2033. March 20, 2023 13:18 ET | Source: Vantage Market Research. The growth of the travel and tourism sector. 1% during 2023-2028. According to Precedence Research, the car rental market size is expected to hit around US$ 186. Jan 04, 2023 (The Expresswire) -- Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Electric Car Rental industry. 64% during the forecast period. Brazil Vehicle Rental Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023-2028) The Brazil vehicle rental market was valued at USD 1. Advertisement. 23, 2021 /PRNewswire/ -- The global car rental market size is anticipated to reach USD 141. The research report also covers the. Introduction 5. 32 billion in 2023 to USD 119. Growth momentum. The COVID-19 pandemic has had an adverse effect on the overall automotive industry and thereby electric vehicle industry as well. The research assessment of the Market is designed to analyze futuristic trends. Sustained policy support has been one of the main reasons for strong electric car sales in many markets, with overall public spending on subsidies and. 5 billion by 2033. 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. 2021-2025. 7% in Q2 of 2021). The Electric Car market was estimated to be. 1% from 2021 to 2028. The Global Car Rental market is projected to grow at a CAGR of around 7% during the forecast period, i. 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. With rising pollution and population, and. Car rental is a service that offers a platform to rent a car for a short time at affordable rates. Chinese Light Vehicle Leasing and Rental Market Report 2023 - EV Lineups' Competitive Intensity will Accelerate the. As governments worldwide push for a transition to sustainable transportation, electric car rentals will play a. 44 billion by 2027 end, registering a solid CAGR growth of 13. Pune, India, July 26, 2022 (GLOBE NEWSWIRE) -- The global car rental market size hit USD 68. 45 billion in 2021 and is projected to grow from USD 3. The growth of the market can primarily. The U. 69 billion in 2021 to USD 2. 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. 157. 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. 053 billion in 2019. In 2021, electric car sales more than doubled to 6. 1. 14 billion during 2020-2024. 90 billion by 2028. . 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. Page number. The average price paid for an electric vehicle in the United States was less than $51,000 in September, according to Cox Automotive. This kicked off a price war in the segment that dragged down the value of new EVs from Ford and GM. NWTN Inc. 84 billion in 2021. NEW YORK, March 9, 2022 /PRNewswire/ -- As per Zion Market Research study, The global car rental market was worth about USD 87. NEW YORK, June 22, 2021 /PRNewswire/ --. This paves the way for remarkable growth in the global car rental market over the forecast period. Electric Car Rental Market Statistics The global electric car rental market size is expected to grow from $8. Indonesia Car Rental Market - Growth, Trends, Covid-19 Impact, and Forecasts. The market is driven by factors such as government initiatives to promote sustainable transportation, increasing. The Car. Report Overview. Electric Car Rental Market Report The global Electric Car Rental market size is projected to reach USD 2044. New York, March 09, 2020 (GLOBE NEWSWIRE) -- Reportlinker. The global electric vehicle (EV) charging infrastructure market size was valued at USD 19. 65 billion in 2022 and is projected to grow from USD 500. 47 Million in 2021 and is expected to reach USD 1261. 50 billion in 2022 to $9. The Electric Car Rental Market is poised for continued growth. Overall, the price war has brought down the average price. Technavio has been monitoring the electric car rental market and it is poised to grow by $11246. 67 billion in 2020, growing at a CAGR of 6. Official forecasts for electric car take-up have been slashed. The report offers an up-to-date analysis regarding the cur…Pricing Details. 1 billion in 2022, and is projected to reach $2. 36% over the forecast period. 7 Billion by 2028, exhibiting a growth rate (CAGR) of 3. . In 2019, electric-vehicle (EV) sales set another sales record globally, and EVs became much more prominent in the public awareness in major. that we believe will shape the market over the coming decade. The same year, pedal-assisted electric bicycles dominated the market by propulsion type. 54 billion in 2022. 2% during the forecast period (2023-2029) Canada Electric. 2% from 2021 to 2030. 120. 21 billion by. The global golf cart market size was USD 1. The rising levels of carbon emissions and other harmful gases stemming from transportation have triggered the necessity of adopting electric. 5 million, throughout the analysis period. The global. 4% from 2021 to 2030. China, with 4. 7% during 2022–2030. 39 million by 2028, indicating a Compound Annual Growth Rate. The Global Car Rental Market was valued at USD 98. Our report on the electric car rental market provides a holistic analysis, market size and forecast, trends,. The size of the worldwide electric car rental market was USD 867. In India, the ride-sharing market still has a long way to go to develop and is expected to grow at a CAGR of 20. According to our primary respondents’ research, the Car Rental market is predicted to grow at a CAGR of roughly 4. The increasing demand. The COVID-19 pandemic has had an adverse effect on the overall automotive industry and thereby electric vehicle industry as well. 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. 9, 2021 /PRNewswire/ -- The electric car rental market is set to grow by USD 8. The Global Electric Car Rental market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. In terms of quantitative data, current market size, competitors. 67 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 25. 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. Vehicle rental in Europe is the practice of renting or leasing a passenger car or commercial vehicle for the short term. Over 2. The growth potential for the EV rental market is high, clearly driven by the need to cut emissions. The Electric Car Rental market report is segmented into sub-segments for comprehension and imbued with valuation and growth patterns. The Indonesian car rental market is projected to witness a CAGR of 7. 65 mn during 2022-2027, accelerating at a CAGR of 12. 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. UK: forecast public charging revenue per electric vehicle 2016-2027. Car rental is the service of renting automobiles for a specified period of time, either through offline or online channels. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 2. In 2018, Europe had the same three to four percent EV market share we do now and, as of November. METHODOLOGY. Consumer Interests for On Demand Transportation: Commuters are increasingly demanding familiar, reliable, and high. The report offers an up-to-date analysis regarding the cur…The company plans to have 25% of its 500,000 vehicle fleet be electric by the end of 2024, up from 10 percent now, as it accelerates purchases under its deals to buy 330,000 vehicles from Tesla. , BlueIndy LLC, and Enterprise Holdings Inc. However, registrations of multi-purpose vehicles have experienced the most. 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. The global electric car rental market is forecast to grow by. A significant rise in the number of people taking business and leisure trips across the globe is driving the demand for car rental services, thereby propelling the industry’s. [221 Pages Report] The global ride sharing market was valued at USD 85. In 2022, the. 9% from 2023 to 2030. 000 billion. That will be up from 7. 65 mn during 2022-2027, accelerating at a CAGR of 12. In Europe, car rentals are usually available at affordable costs. Market consumption volumes declined with a CARC of . " Global "Electric Car Rental Market" [NEW. 25. 14 bn during 2020-2024, progressing at a CAGR. , Fox Rent A Car, Avis Budget Group, Inc. L. Looking forward, IMARC Group expects the market to reach US$ 95. 5 billion in 2022. Due to the rising focus to decrease the emission of harmful. E-bikes enable users to cycle further and more often. 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. The research report is titled “Electric Car Rental Market research by Types (Economy cars, Luxury cars), By Applications (Electric. 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. What are the future trends you foresee in this market over the. 5% from 2023 to 2032. Dublin, Nov. The Thailand Car Rental Market is valued at USD 811. 9, 2021 -- The electric car rental market is set to grow by USD 8. 5% during the forecast period. 83 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 15. 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. 07 billion by 2027, projecting a CAGR of more than 11% during the forecast. The global electric car rental market is set for an electrifying surge, projecting growth from $8. S. Diesel will. The growth of the car rental market; Analysis of the market’s competitive landscape and detailed information on vendors; Comprehensive details of factors that will challenge the growth of car rental market vendors; Related Reports: The electric car rental market size is estimated to grow at a CAGR of 12. 6 Billion by. 13, 2022 (GLOBE NEWSWIRE) -- The global car rental market size was worth at around US$ 102. In 2023, it is anticipated that the worldwide car rental market will amount to USD 104. The 2. 36 billion in 2027 at a CAGR of 15%. Global Electric Car Rental Market 2020-2024 The analyst has been monitoring the global electric car rental market and it is poised to grow by USD 7. 14 billion during 2020-2024, progressing at a CAGR of over 11% during the. Reserve today. The ”Electric Car Rental Market” report provides a comprehensive analysis of growth opportunities in various segments and sub-segments. The share of electric cars in total sales has more than tripled in three years, from around 4% in 2020 to 14% in 2022. To develop this. 7 Million by 2026, from USD 866. 21 billion by 2030, exhibiting a CAGR of 7. 69 billion in 2022 to USD 131. 7 billion in the coming years, registering a CAGR of 8 % during the forecast period. 36 billion in 2021 and is forecast to register a CAGR of 7. 2% in terms of revenues during 2022-2028. 15% during the forecast period (2023-2028). 14 bn during 2020-2024. Research Methodology. 8% during the forecast period. announced that it had delivered 20 range-extended electric vehicles (R-EVs) to M93 Car Rental L. com Website: 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. 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. 39 Billion in 2023 to USD 34. 6 billion by 2028, with a compound annual growth rate (CAGR) of approximately 6. Details. 2% CAGR during the forecast period. The global market for car rental and leasing services is anticipated to reach a market size of US$ 312. Fully considering the economic change by. 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. 24 billion in 2021 to USD 137. 22% during the forecast period, 2022-2027. Electric Car Rental Market Research Report. The expanding travel and tourism industry, rising trend of business and corporate travel, changing attitude toward car ownership, rapid. 91 billion in 2023 at a compound annual growth rate (CAGR) of 16. The electric car rental market size is estimated to grow at a CAGR of 12. 64% during the forecast period. 8 million in 2022. The market was negatively impacted by COVID-19 in the first half of 2020. With many countries getting plugged into electrification, the global EV market has seen exponential growth over the last decade. 14 billion during 2020-2024, progressing at a CAGR of over 11% during the. 54 billion in 2022. Our latest report on the luxury-automobile market updates McKinsey’s extensive research on the sector. Since the last time Deloitte reported on EV sales, significant regional disparities in growth have surfaced. The rising demand for micro mobility and emission-free vehicles, growing traffic congestion, strict emission norms, and increasing demand for an economical mode. The Electric Car Rental Market is poised for significant growth as more consumers prioritize sustainability in their travel choices. Electric Car Rental Market Overview: The Electric Car Rental market industry is projected to. com Website: LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car rental market and it is poised to grow by USD 7. Forecast Year Market Size (2033) ~ USD 250 Billion. 30, 2023 (GLOBE NEWSWIRE) -- The electric vehicle charging station market size to hit USD 111. Clean energy and improved. 11, 2023-- According to Technavio, the global electric car rental market size is estimated to grow by USD 11,246. Page number. In January 2022, In the United Kingdom, the London Electric Vehicle Company (LEVC). China was the frontrunner once again, accounting for around 60% of global electric car. New York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “ Electric Car Rental Market Information by Vehicle Type,. 54 billion in 2023, boasting a noteworthy Compound Annual. 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. The Global Electric Car Rental Market is expected to grow at a CAGR of 9. S. The car industry will stay in low gear in 2024. Electric Car Rental Market Size, Growth Rate, And Forecast The global electric car rental market size is expected to grow from $8. 6% during the forecast period 2021-2026. 21 billion, at CAGR of 6. Battery electric vehicles (BEVs) accounted for two-thirds of new electric car registrations and two-thirds of the stock in 2020. 11, 2023 /PRNewswire/ -- According to Technavio, the global electric car rental market size is estimated to grow by USD 11,246. 5% CAGR during the 2023 to 2029 assessment period. Read More. 69 billion in 2022 to USD 131. 9% from 2021 to. 14 bn during 2020-2024 New Electric Car Rental Market Research Report- COVID-19 Analysis Based on Economy Cars and Luxury Cars Vehicle. The electric car rental market size is estimated to grow at a CAGR of 12. Comprehensive details of factors that will challenge the growth of car rental market vendors. The Russia. 96 million by 2033, growing at a CAGR of 5. The Car Rental. A number of trends are influencing the car rental market, which include the transition to electric car rental vehicles, the increasing use of rental cars for leisure purposes and the incorporation of shared mobility into the car rental business model. 72 billion by 2030, exhibiting a CAGR of 15. The global Electric Vehicle Rental market size is projected to reach USD million by 2028, from USD million in 2021, at a CAGR of Percent during 2022-2028. The market is projected to grow from USD 82. " Cognitive Market Research has recently published the 7th edition of Electric Car Rental Market Report 2023. Against this backdrop of sluggish sales in 2019, the 2. Hence, the high costs of vehicles and high maintenance costs of vehicles lead to the car rental market growth in Europe. Lower emissions, not standards. Automobile Rental & Leasing Market Analysis. NEW YORK, June 22, 2021 /PRNewswire/ — The global electric car rental market is poised to grow by USD 7. 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. Saudi Arabia car rental & leasing market has witnessed sound growth at a CAGR of around 12. 5 million electric cars, has the largest fleet. 52%, resulting in a projected market volume of. . Accelerate at a CAGR of 11. Comprehensive details of factors that will challenge the growth of car rental market vendors;. The global Car Rental Market is expected to grow at a compound annual growth rate (CAGR) of 7% from 2019 to 2026. The Nissan LEAF is a well-equipped hatchback that comfortably seats 5. The Europe vehicle rental market was valued at over USD 13. Electric Car Rental Market report from ReAnIn offers insights on Global Market Size (Historical and Forecast), Market Share, Latest Trends across Market Segments, Competitive Landscape and Market Dynamics. METHODOLOGY. Premium Report Details. 4bn by 2028. 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. The market is projected to grow from USD 28. New Jersey, NJ -- -- 07/22/2022 -- 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 Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers,. Global electric car rental market - Five forces. Hence, the high costs of vehicles and high maintenance costs of vehicles lead to the car rental market growth in Europe. 46 billion by 2029, exhibiting a CAGR of 6. 65 million from 2022 to 2027. Forecast period. 28 billion in 2021, and it is expected to reach USD 223. The India car rental market is projected to grow at a CAGR of 9. Global Luxury Car Rental Market Size Worth 84. 28 billion in 2021, and it is expected to reach USD 223. Contact Data Contact: Market Research Future Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: [email protected]% by 2027; Rising Demand from Corporate Travelers to Drive Market Growth of Car Rental. 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. 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. 01% during the forecast period. Apr 25, 2023 (The Expresswire) -- Global "Electric Car Rental Market" [2023-2030] Research Report furnishes an industry overview, encompassing significant. The Global Electric Car Rental Market will grow by USD 7. This study examines the current state and future prospects of the global Electric Car Rental Market 2023 over the study period. The market is projected to grow from USD 728. 32 EST. Shift towards Electric/Hybrid. The electric car rental market size is estimated to grow at a CAGR of 12. For example, sales of EVs grew by 15 per cent in 2019 compared to 2018, driven by the growth of BEVs in Europe (+93 per cent), China (+17 per cent) and ‘other’ regions (+22 per cent). Global Electric Car Rental Market Growth, Share, Size, Trends and Forecast (2023 - 2029). The U. 03 billion in 2020. Three underlying reasons explain this trend:. Forecast period. Pune, India. SAN FRANCISCO, Sept. Market consumption volumes declined with a CARC of -6% between 2016 and 2020, to reach a total fleet size of 73,400 in 2020. The tools used to analyze the Global Subscription Car Rental Market research report include SWOT analysis. 91 billion in 2023 at an impressive. According to the research report, Europe Car Rental Market Outlook, 2028 the market is anticipated to add market size of USD 17. Menu. 2022. 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. 1 billion by 2027, at a CAGR of 18. In India, the ride-sharing market still has a long way to go to develop and is expected to grow at a CAGR of 20. 2020. 42 billion and is expected to achieve a CAGR (Compound Annual Growth Rate) of 7. 65 mn during 2022-2027, accelerating at a CAGR of 12. 65 mn during 2022-2027, accelerating at a CAGR of 12. 64% during the forecast period. 1. Market Research Future (MRFR) expects the Electric Car Rental Market to expand to a size of approximately USD 15 Billion by 2025-end. Electric Car Rental Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030. The global impact of COVID-19 has been unprecedented and staggering, with the market in the United States witnessing a negative demand. Advance Market Analytics published a new research publication on "Electric Car Rental Market Insights, to 2026" with 232 pages and enriched with self-explained Tables and charts in presentable format. 0 billion in the current year. The electric car rental market size is estimated to grow at a CAGR of 12. 2020-2025 Global Electric Car Rental Market Report – Production and Consumption Professional Analysis (Impact of COVID-19) is latest research studyMar 10, 2023 (The Expresswire) -- "Final Report will add the analysis of the impact of COVID-19 on this industry. Currently, EVs make up only three to four percent of the new light duty market here in the U. 92 billion in 2019 and is projected to reach $214. 13 billion in 2021, and it is expected to reach USD 20. 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. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 1. Demand For Rental Cars Due To Rise In International Tourism to Boost Growth | Technavio. 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. electric vehicle market size was USD 24. 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. 52% during the 2022-2029 forecast period. Shift towards Electric/Hybrid. The passenger vehicle (PV) segment remained dominant with 73.