2014

The North American Car Rental Market

NEW YORK, Dec. 4, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

The North American Car Rental Market

http://www.reportlinker.com/p01049077/The-North-American-Car-Rental-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Road_Passenger_Transport

Synopsis

The report provides market analysis, information and insights, including:

• Historic and forecast tourist volumes covering the entire North American travel and tourism sector

• The total, direct and indirect tourism output generated by each sector within the North America travel and tourism sector

• Detailed historic and forecasted analysis of the North American car rental market covering market size, growth drivers and key performance indicators

• Competitive landscape covering leading competitors and competitive strategy for the North American car rental market

Summary

The North American car rental market is going through a consolidation phase with the nine leading brands in the region held by four major companies. The level of competition in the market is extremely high with low profit margins. Prices remained stagnant primarily in the corporate car rental market, as a result of low growth which forced car rental companies to lower prices in order to retain corporate clients. While economic uncertainty is not as prominent as it is in Europe, the North American car rental market is still expected to witness slow growth due to a slow recovery in the airline industry, its key feeder market. Low profitability and slow demand growth in the market will force car rental companies to focus on reducing operational costs in order to compete on the basis of price. In order to reduce depreciation costs and vehicle funding requirements, companies will also focus on reducing the number of vehicles bought outside the repurchase program. Car sharing and the non-airport leisure segment will be the expected growth areas for car rental companies in the forecast period.

Scope

This report provides an extensive analysis related to tourism demands and flows in North America:

• It details historic values for the North American tourism sector for 2007–2011, along with forecast figures for 2012–2016

• It provides a comprehensive analysis of travel and tourism demand factors with values for both the 2007–2011 review period and the 2012–2016 forecast period

• The report makes a detailed analysis and projection of domestic, inbound and outbound tourist flows in North America

• It provides a comprehensive analysis of the car rental market with values for both the 2007–2011 review period and the 2012–2016 forecast period

• The report makes a detailed analysis and projection of the North American car rental market covering market size, growth drivers and key performance indicators

• The report includes data on the competitive landscape covering leading competitors and competitive strategy for the North American car rental market

Reasons To Buy

• Take strategic business decisions using historic and forecast market data related to the North American travel and tourism sector

• Understand the demand-side dynamics within the North American travel and tourism sector, along with key market trends and growth opportunities

• The report helps to understand the market size, growth opportunities, leading competitors and competitive strategy for the North American car rental market

Key Highlights

• The North American car rental market is going through a consolidation phase with the nine leading brands in the region held by four major companies. The level of competition in the market is extremely high with low profit margins.

• According to the United Nations World Tourism Organization (UNWTO), the North America region accounted for the largest number of inbound tourist arrivals in the Americas in 2011. The region accounted for a 10.3% share of the world's international visitor arrivals and a 15.9% share of total inbound tourists to the Americas, yet registered nominal growth during the review period, from 107.8 million arrivals in 2007 to 116.9 million in 2011.

• The value of the car rental market declined from US$27.06 billion in 2008 to US$25.40 billion in 2009. However, the market has since then recovered as the value increased from US$25.4 billion in 2009 to US$26.77 billion in 2011.

• The North American car rental market is one of the most evolved car rental markets in the world. Since the countries in the region have large geographical areas and are also well connected by roads, car rental services are a logical option. The level of competition in the industry is high, although much of the market share is concentrated with four leading companies.

Table of Contents

1 Introduction

1.1 What is this Report About

1.2 Definitions

1.3 Methodology

2 Executive Summary

3 North America Tourism SWOT

3.1 Overview of the Car Rental in North America

3.2 Strengths

3.3 Weaknesses

3.4 Opportunities

3.5 Threats

4 Domestic Tourism in North America

4.1 Analysis of Domestic Tourism Flows

4.2 Domestic Tourism Markets in North America

5 Inbound Tourism to North America

5.1 Analysis of arrivals to North America

5.2 Inbound Tourism Flows

5.2.1 International arrivals by region of origin – Africa

5.2.2 International arrivals by region of origin – Asia-Pacific

5.2.3 International arrivals by region of origin – Europe

5.2.4 International arrivals by region of origin – Middle East

5.2.5 International arrivals by region of origin – South and Central America

5.3 Total Inbound Arrivals to North America

6 Outbound Tourism from North America

6.1 Analysis of Departures from North America

6.2 Outbound Tourism Flows

6.2.1 International departures to Africa

6.2.2 International departures to Asia-Pacific

6.2.3 International departures to Europe

6.2.4 International departures to the Middle East

6.2.5 International departures to South and Central America

6.3 Total Outbound Departures from North America

7 Car Rental in North America

7.1 Market value by customer type and rental location

7.2 Fleet size

7.3 Rental occasions

7.4 Rental days

7.5 Average rental length

7.6 Utilization rate

7.7 Average revenue per day

8 Porter's Five Forces Analysis

8.1 Summary of the Competitive Position in the Car Rental Market in North America

8.2 Bargaining Power of Buyers

8.3 Bargaining Power of Suppliers

8.4 Barriers to Entry

8.5 Intensity of Rivalry

8.6 Threat of Substitution

9 Car Rental in the US

9.1 Key Trends and Issues

9.1.1 Key trends

9.1.2 Market size and forecast

9.1.3 Key locations

9.1.4 Growth drivers

9.2 Key Performance Indicators

9.2.1 Market value by customer type and rental location

9.2.2 Fleet size

9.2.3 Rental occasions

9.2.4 Rental days

9.2.5 Average rental length

9.2.6 Utilization rate

9.2.7 Average revenue per day

9.3 Competitive Landscape

9.3.1 Leading players

9.3.2 Brand presence in key locations

9.3.3 Competitive strategy

10 Car Rental in Canada

10.1 Key Trends and Issues

10.1.1 Key trends

10.1.2 Market size and forecast

10.1.3 Key locations

10.1.4 Growth drivers

10.2 Key Performance Indicators

10.2.1 Market value by customer type and rental location

10.2.2 Fleet size

10.2.3 Number of rental occasions

10.2.4 Number of rental days

10.2.5 Average rental length

10.2.6 Utilization rate

10.2.7 Average revenue per day

10.3 Competitive Landscape

10.3.1 Leading operators

10.3.2 Brand presence in key locations

10.3.3 Competitive strategy

11 Car Rental in Mexico

11.1 Key Trends and Issues

11.1.1 Key trends

11.1.2 Market size and forecast

11.1.3 Key locations

11.1.4 Growth drivers

11.2 Key Performance Indicators

11.2.1 Market value by customer type and rental location

11.2.2 Fleet size

11.2.3 Number of rental occasions

11.2.4 Number of rental days

11.2.5 Average rental length

11.2.6 Utilization rate

11.2.7 Average revenue per day

11.3 Competitive Landscape

11.3.1 Leading companies

11.3.2 Brand presence in key locations

11.3.3 Competitive strategy

12 Company Profile

12.1 Company Profile: Avis Budget Group

12.1.1 Avis Budget Group – company overview

12.1.2 Avis Budget Group – business description

12.1.3 Avis Budget Group – main brands

12.1.4 Avis Budget Group – history

12.1.5 Avis Budget Group – SWOT analysis

12.1.6 Avis Budget Group – Strengths

12.1.7 Avis Budget Group – weaknesses

12.1.8 Avis Budget Group – opportunities

12.1.9 Avis Budget Group – threats

12.1.10 Avis Budget Group – main competitors

12.1.11 Avis Budget Group – key employees

12.2 Company Profile: Dollar Thrifty Automotive Group

12.2.1 Dollar Thrifty Automotive Group – company overview

12.2.2 Dollar Thrifty Automotive Group – business description

12.2.3 Dollar Thrifty Automotive Group – main brands

12.2.4 Dollar Thrifty Automotive Group – history

12.2.5 Dollar Thrifty Automotive Group – SWOT analysis

12.2.6 Dollar Thrifty Automotive Group – strengths

12.2.7 Dollar Thrifty Automotive Group – weaknesses

12.2.8 Dollar Thrifty Automotive Group – opportunities

12.2.9 Dollar Thrifty Automotive Group – threats

12.2.10 Dollar Thrifty Automotive Group – main competitors

12.2.11 Dollar Thrifty Automotive Group – key employees

12.3 Company Profile: Discount Car & Truck Rentals Ltd

12.3.1 Discount Car & Truck Rentals Ltd – company overview

12.3.2 Discount Car & Truck Rentals Ltd – key competitors

12.3.3 Discount Car & Truck Rentals Ltd – key employees

12.4 Company Profile: Alltime Car Rental Corporation

12.4.1 Alltime Car Rental Corporation – company overview

12.4.2 Alltime Car Rental Corporation – key competitors

12.5 Company Profile: Budget Rent-A-Car BC Ltd

12.5.1 Budget Rent-A-Car BC Ltd – company overview

12.5.2 Budget Rent-A-Car BC Ltd – key competitors

12.5.3 Budget Rent-A-Car BC Ltd – key employees

12.6 Company Profile: RIZ Rent a Car and Truck Ltd

12.6.1 RIZ Rent a Car and Truck Ltd – company overview

12.6.2 RIZ Rent a Car and Truck Ltd – key competitors

12.7 Company Profile: Alquiladora de Vehiculos Automotores SA de C.V.

12.7.1 Alquiladora de Vehiculos Automotores SA de C.V. – company overview

12.7.2 Alquiladora de Vehiculos Automotores SA de C.V. – key competitors

12.7.3 Alquiladora de Vehiculos Automotores S.A de C.V. – key employees

12.8 Company Profile: Thrifty, Inc.

12.8.1 Thrifty, Inc. – company overview

12.8.2 Thrifty, Inc. – key competitors

12.9 Company Profile: Alamo Rent a Car Mexico

12.9.1 Alamo Rent a Car Mexico – company overview

12.9.2 Alamo Rent a Car Mexico – key competitors

12.1 Company Profile: Casanova Rent Volks, SA de C.V

12.10.1 Casanova Rent Volks, SA de C.V. – company overview

12.10.2 Casanova Rent Volks, SA de C.V. – key competitors

12.10.3 Casanova Rent Volks, SA de C.V. – key employees

13 Appendix

13.1 Contact Us

13.2 About Timetric

13.3 Disclaimer

List of Tables

Table 1: Travel and Tourism Industry Definitions

Table 2: North America – Domestic Tourism Markets (Million), 2007–2011

Table 3: North America – Domestic Tourism Markets (Million), 2011–2016

Table 4: North America – Receiving International Arrivals from Africa (Thousand), 2007–2011

Table 5: North America – Receiving International Arrivals from Africa (Thousand), 2011–2016

Table 6: North America – Receiving International Arrivals from Asia-Pacific (Thousand), 2007–2011

Table 7: North America – Receiving International Arrivals from Asia-Pacific (Thousand), 2011–2016

Table 8: North America – Receiving International Arrivals from Europe (Thousand), 2007–2011

Table 9: North America – Receiving International Arrivals from Europe (Thousand), 2011–2016

Table 10: North America – Receiving International Arrivals from Middle East (Thousand), 2007–2011

Table 11: North America – Receiving International Arrivals from Middle East (Thousand), 2011–2016

Table 12: North America – Receiving International Arrivals from South and Central America (Thousand), 2007–2011

Table 13: North America – Receiving International Arrivals from South and Central America (Thousand), 2011–2016

Table 14: North America – Total Inbound Arrivals (Million), 2007–2011

Table 15: North America – Total Inbound Arrivals (Million), 2011–2016

Table 16: North America – Tourists Departing to Africa (Thousand), 2007–2011

Table 17: North America – Tourists Departing to Africa (Thousand), 2011–2016

Table 18: North America – Tourists Departing to Asia-Pacific (Thousand), 2007–2011

Table 19: North America – Tourists Departing to Asia-Pacific (Thousand), 2011–2016

Table 20: North America – Tourists Departing to Europe (Thousand), 2007–2011

Table 21: North America – Tourists Departing to Europe (Thousand), 2011–2016

Table 22: North America – Tourists Departing to the Middle East (Thousand), 2007–2011

Table 23: North America – Tourists Departing to the Middle East (Thousand), 2011–2016

Table 24: North America – Tourists Departing to South and Central America (Thousand), 2007–2011

Table 25: North America – Tourists Departing to South and Central America (Thousand), 2011–2016

Table 26: North America – International Departures (Thousand), 2007–2011

Table 27: North America – International Departures (Thousand), 2007–2011

Table 28: North America – Car Rental Market Value by Customer Type and Rental Location (US$ Billion), 2007–2011

Table 29: North America – Car Rental Market Value by Customer Type and Rental Location (US$ Billion), 2011–2016

Table 30: North America – Car Rental Fleet Size (Actual), 2007–2011

Table 31: North America – Car Rental Fleet Size (Actual), 2011–2016

Table 32: North America – Car Rental, Rental Occasions (Million), 2007–2011

Table 33: North America – Car Rental, Rental Occasions (Million), 2011–2016

Table 34: North America – Car Rental, Rental Days (Million), 2007–2011

Table 35: North America – Car Rental, Rental Days (Million), 2011–2016

Table 36: North America – Car Rental, Average Rental Length (Days), 2007–2011

Table 37: North America – Car Rental, Average Rental Length (Days), 2011–2016

Table 38: North America – Car Rental, Market Utilization Rate (%), 2007–2011

Table 39: North America – Car Rental, Market Utilization Rate (%), 2011–2016

Table 40: North America – Car Rental Average Revenue per Day (US$), 2007–2011

Table 41: North America – Car Rental Average Revenue per Day (US$), 2011–2016

Table 42: The US – Car Rental Market Value by Customer Type and Rental Location (US$ Billion), 2007–2011

Table 43: The US – Car Rental Market Value by Customer Type and Rental Location (US$ Billion), 2011–2016

Table 44: The US – Car Rental Fleet Size (Actual), 2007–2011

Table 45: The US – Car Rental Fleet Size (Actual), 2011–2016

Table 46: The US – Car Rental, Rental Occasions (Million), 2007–2011

Table 47: The US – Car Rental, Rental Occasions (Million), 2011–2016

Table 48: The US – Car Rental, Rental Days (Million), 2007–2011

Table 49: The US – Car Rental, Rental Days (Million), 2011–2016

Table 50: The US – Car Rental, Average Rental Length (Days), 2007–2011

Table 51: The US – Car Rental, Average Rental Length (Days), 2011–2016

Table 52: The US – Car Rental, Market Utilization Rate (%), 2007–2011

Table 53: The US – Car Rental, Market Utilization Rate (%), 2011–2016

Table 54: The US – Car Rental Average Revenue per Day (US$), 2007–2011

Table 55: The US – Car Rental Average Revenue per Day (US$), 2011–2016

Table 56: Canada – Car Rental Market Value by Customer Type and Rental Location (CAD Million), 2007–2011

Table 57: Canada – Car Rental Market Value by Customer Type and Rental Location (CAD Million), 2011–2016

Table 58: Canada – Car Rental Fleet Size, 2007–2011

Table 59: Canada – Car Rental Fleet Size, 2011–2016

Table 60: Canada – Number of Rental Occasions (Million), 2007–2011

Table 61: Canada – Number of Rental Occasions (Million), 2011–2016

Table 62: Canada – Number of Rental Days (Million), 2007–2011

Table 63: Canada – Number of Rental Days (Million), 2011–2016

Table 64: Canada – Average Car Rental Length (Days), 2007–2011

Table 65: Canada – Average Car Rental Length (Days), 2011–2016

Table 66: Canada – Car Rental, Market Utilization Rate (%), 2007–2011

Table 67: Canada – Car Rental, Market Utilization Rate (%), 2011–2016

Table 68: Canada – Average Car Rental Revenue per Day (CAD), 2007–2011

Table 69: Canada – Average Car Rental Revenue per Day (CAD), 2011–2016

Table 70: Mexico – Car Rental Market Value by Customer Type and Rental Location (MXN Million), 2007–2011

Table 71: Mexico – Car Rental Market Value by Customer Type and Rental Location (MXN Million), 2011–2016

Table 72: Mexico – Car Rental Fleet Size (Actual), 2007–2011

Table 73: Mexico – Car Rental Fleet Size (Actual), 2011–2016

Table 74: Mexico – Car Rental, Number of Rental Occasions (Million), 2007–2011

Table 75: Mexico – Car Rental, Number of Rental Occasions (Million), 2011–2016

Table 76: Mexico – Car Rental, Number of Rental Days (Million), 2007–2011

Table 77: Mexico – Car Rental, Number of Rental Days (Million), 2011–2016

Table 78: Mexico – Car Rental, Average Rental Length (Days), 2007–2011

Table 79: Mexico – Car Rental, Average Rental Length (Days), 2011–2016

Table 80: Mexico – Car Rental, Market Utilization Rate (%), 2007–2011

Table 81: Mexico – Car Rental, Market Utilization Rate (%), 2011–2016

Table 82: Mexico – Car Rental Average Revenue per Day (MXN), 2007–2011

Table 83: Mexico – Car Rental Average Revenue per Day (MXN), 2011–2016

Table 84: Avis Budget Group, Key Facts

Table 85: Avis Budget Group, Main Brands

Table 86: Avis Budget Group, History

Table 87: Avis Budget Group, Key Employees

Table 88: Dollar Thrifty Automotive Group, Key Facts

Table 89: Dollar Thrifty Automotive Group, Main Brands

Table 90: Dollar Thrifty Automotive Group, History

Table 91: Dollar Thrifty Automotive Group, Key Employees

Table 92: Discount Car & Truck Rentals Ltd, Key Facts

Table 93: Discount Car & Truck Rentals Ltd, Key Employees

Table 94: Alltime Car Rental Corporation, Key Facts

Table 95: Budget Rent-A-Car BC Ltd, Key Facts

Table 96: Budget Rent-A-Car BC Ltd, Key Employees

Table 97: RIZ Rent a Car and Truck Ltd, Key Facts

Table 98: Alquiladora de Vehiculos Automotores SA de C.V., Key Facts

Table 99: Alquiladora de Vehiculos Automotores S.A de C.V., Key Employees

Table 100: Thrifty, Inc., Key Facts

Table 101: Alamo Rent a Car Mexico, Key Facts

Table 102: Casanova Rent Volks, SA de C.V., Key Facts

Table 103: Casanova Rent Volks, SA de C.V., Key Employees

List of Figures

Figure 1: SWOT Analysis of the Car Rental Market in North America

Figure 2: Top Domestic Tourism Markets (Million), 2007–2016

Figure 3: North America – Receiving International Arrivals from Africa (Thousand), 2007–2016

Figure 4: North America – Receiving International Arrivals from Asia-Pacific (Thousand), 2007–2016

Figure 5: North America – Receiving International Arrivals from Europe (Thousand), 2007–2016

Figure 6: North America – Receiving International Arrivals from the Middle East (Thousand), 2007–2016

Figure 7: North America – Receiving International Arrivals from South and Central America (Thousand), 2007–2016

Figure 8: North America – Receiving International Arrivals (Million), 2007–2016

Figure 9: North America – Tourists Departing to Africa (Thousand), 2007–2016

Figure 10: North America – Tourists Departing to Asia-Pacific (Thousand), 2007–2016

Figure 11: North America – Tourists Departing to Europe (Thousand), 2007–2016

Figure 12: North America – Tourists Departing to the Middle East (Thousand), 2007–2016

Figure 13: North America – Tourists Departing to South and Central America (Thousand), 2007–2016

Figure 14: North America – International Departures (Thousand), 2007–2016

Figure 15: North America – Car Rental Market Value by Customer Type and Rental Location (US$ Billion), 2007 and 2011

Figure 16: North America – Car Rental Fleet Size (Actual), 2007–2016

Figure 17: North America – Car Rental, Rental Occasions (Million), 2007–2016

Figure 18: North America – Car Rental, Number of Rental Days (Million), vs. Average Rental Length (Days) 2007–2016

Figure 19: North America – Car Rental, Market Utilization Rate (%), 2007–2016

Figure 20: North America – Car Rental Average Revenue per Day (US$), 2007–2016

Figure 21: North American Car Rental Market – Porter's Five Forces Analysis

Figure 22: The US – Car Rental Market Value by Customer Type and Rental Location (US$ Billion), 2007 and 2011

Figure 23: The US – Car Rental Fleet Size (Actual), 2007–2016

Figure 24: The US – Car Rental, Rental Occasions (Million), 2007–2016

Figure 25: The US – Car Rental, Number of Rental Days (Million) vs. Average Rental Length (Days), 2007–2016

Figure 26: The US – Car Rental, Market Utilization Rate (%), 2007–2016

Figure 27: The US – Car Rental Average Revenue per Day (US$), 2007–2016

Figure 28: Canada – Market Value by Customer Type and Rental Location (CAD Million), 2007 and 2011

Figure 29: Canada – Car Rental Fleet Size, 2007–2016

Figure 30: Canada – Number of Rental Occasions (Million), 2007–2016

Figure 31: Canada – Number of Car Rental Days (Million) vs Average Rental Length (Days) 2007–2016

Figure 32: Canada – Car Rental, Market Utilization Rate (%), 2007–2016

Figure 33: Canada – Average Car Rental Revenue per Day (CAD), 2007–2016

Figure 34: Mexico – Market Value by Customer Type and Rental Location (MXN Million), 2007 and 2011

Figure 35: Mexico – Car Rental Fleet Size (Actual), 2007–2016

Figure 36: Mexico – Car Rental, Number of Rental Occasions (Million), 2007–2016

Figure 37: Mexico – Car Rental, Number of Rental Days (Million) vs. Average Rental Length (Days), 2007–2016

Figure 38: Mexico – Car Rental, Market Utilization Rate (%), 2007–2016

Figure 39: Mexico – Car Rental Average Revenue per Day (MXN), 2007–2016

Companies Mentioned

Avis Budget Group

Dollar Thrifty Automotive Group

Discount Car & Truck Rentals Ltd

Alltime Car Rental Corporation

Budget Rent-A-Car BC Ltd

RIZ Rent a Car and Truck Ltd

Alquiladora de Vehiculos Automotores SA de C.V.

Thrifty, Inc.

Alamo Rent a Car Mexico

Casanova Rent Volks, SA de C.V

To order this report:

Road_Passenger_Transport Industry: The North American Car Rental Market

Contact Nicolas: nicolasbombourg@reportlinker.com
US: (805)-652-2626
Intl: +1 805-652-2626

SOURCE Reportlinker



RELATED LINKS
http://www.reportlinker.com

More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.