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(USGovernment-News.Com, June 27, 2023 ) Maximize Market research expects, the Luxury Car Rental Market to grow from USD 54.50 Bn in 2022 to USD 83.04 Bn in 2029 at a CAGR of 6.2 percent.
Luxury Car Rental Market Report Scope and Research Methodology
The main objective of the report is to provide an in-depth analysis of the Luxury Car Rental industry with a list of key players in the market. SWOT analysis was used to provide the strengths and weaknesses of the Luxury Car Rental Market players. To estimate the global and regional Luxury Car Rental Market size, the bottom-up approach was used.
The rising trend of on-demand transportation services is driving the market growth. Digitalization in the booking process, payment process and management is expected to drive the global market growth during the forecast period. The high deposits amount and rental costs are hampering the growth of the market.
Luxury Car Rental Market Regional Insights
The North America region is expected to grow at a CAGR of 9.2 percent during the forecast period. The increasing demand for luxury and premium vehicles is driving the regional market growth.
Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:
Used Car Market- The market size is expected to reach USD 1,858.6 billion by 2029 at a CAGR of 8.4 percent during the forecast period.
Solar Bus Market- The market size is expected to reach USD 15.16 billion by 2029 at a CAGR of 21.855 percent during the forecast period.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
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