Chicago Rental Marketįurthermore, rise in disposable income of people in countries such as the U.S., Germany, and Italy and enhanced road infrastructure is promoting the growth of the market. The growth of the global car rental market is majorly driven by development of the travel & tourism industry. These advantages promote the growth of the car rental industry at an exponential rate. Moreover, with increase in air traffic and growth in trend of online car booking, car rentals are the preferred options to travel, as cars are the most economical and faster mode of transportation.
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Humko tumse pyaar hai movie songs download free. In addition, car rentals majorly contribute to curb the pollution level by reducing the volumetric sales of owned vehicles. Manufacturers and consumers rely on various car rental schemes, which are cost-effective, such as leasing cars from their owners for a period of three years and then putting these cars on rental through app-based bookings. With growth in pollution level and population, car rental industry has experienced a drastic transformation over the past few years, becoming one of the most prominent industries in fleet transportation. The global was valued at $79,648 million in 2015, and is expected to reach $164,335 million by 2022, growing at a CAGR of 11.6% from 2016 to 2022. Ara Rental Market Monitor Ara Rental Market Metrics White Paper