Transportation Products & Services · Direct
Monitoring · monthlyProcurement Category Intelligence
Vehicle Rental
Overview
Market size
$128.0B
global, USD
CAGR
5.1%
base to forecast
Buyer power
-1.4
supplier-favoured
Suppliers
5
tracked players
Signals
12
1 high severity
Market outlook
2031$164.1B
What changed
Demand by region
North America demand45%
Europe demand30%
Asia Pacific demand15%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Vehicle acquisition and depreciation45%
Labor and branch operations25%
Fleet maintenance, repair, and parts15%
Insurance and risk management10%
Fuel and support logistics5%
share of delivered cost (analyst estimate)