The global electric car rental market is forecasted to grow at a CAGR of 11.01% during the period 2017-2021

LONDON, Nov. 28, 2017 /PRNewswire/ --

About Electric Car Rental

Car rental services operate on the model of renting automobiles for short periods of time, generally ranging from a few hours to a few weeks. There is a network of local branches that assist the customers with easy pick up and drop facilities. Car rental agencies serve people who require a temporary vehicle; for example, those who d o not own a car or tourists. The demand for car rental services has increased due to the growth of the tourism industry and the cost advantages they offer to the users.

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Technavio's analysts forecast the global electric car rental market to grow at a CAGR of 11.01% during the period 2017-2021.

Covered in this reportThe report covers the present scenario and the growth prospects of the global electric car rental market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:• Americas• APAC• EMEA

Technavio's report, Global Electric Car Rental Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming ye ars. The report also includes a discussion of the key vendors operating in this market.

Key vendors• Avis Budget Group• Enterprise Holdings• Europcar Group• Hertz• Sixt

Other prominent vendors• BlueIndy• DriveElectric• Drive Electric Orlando• DriveNow• Easirent• Green Motion• Wattacars• Zoomcar

Market driver• Increasing demand for rental cars due to rise in international tourism• For a full, detailed list, view our report

Market challenge• Global power crisis hindering the growth of EV market• For a full, detailed list, view our report

Market trend• Technological advancements in battery technology• For a full, detailed list, view our report

Key questions answered in this report• What will the market size be in 2021 and what will the growth rate be?• What are the key market trends?• What is driving this market?• What are the challenges to market growth?• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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