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Avis Budget Group Inc.
Blue Cars Ltd.
Current Vehicles Ltd.
DriveElectric
Enterprise Holdings Inc.
ETO Motors Pvt. Ltd.
Evoke Pty Ltd.
Getaround Inc.
Green Motion International
Hertz Global Holdings Inc.
Plug N Drive
SIXT SE
Stellantis NV
UFODrive SA
Volkswagen AG
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KSA
The electric car rental market is forecasted to grow by USD 21136.1 mn during 2024-2029, accelerating at a CAGR of 17.1% during the forecast period. The report on the electric car rental market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for rental cars due to rise in international tourism, need for optimum performance and reduction in emissions, and growing government regulations, incentives, and subsidies on evs.
Market Scope
Base Year 2025
End Year 2029
Series Year 2025-2029
Growth Momentum Accelerate
YOY 2025 14.2%
CAGR 17.1%
Incremental Value $21136.1 mn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's electric car rental market is segmented as below:
By Type
By Distribution Channel
By End-user
Local usage
Airport transport
Outstation
By Vehicle Type
Hatchback
Sedan
Sports-utility vehicle (SUV)
Multi-utility vehicle (MUV)
By Geographical Landscape
Europe
North America
APAC
South America
Middle East and Africa
This study identifies the technological advancements in battery technology as one of the prime reasons driving the electric car rental market growth during the next few years. Also, oems pushing for embedded telematics systems in bric nations and introduction of battery swapping technology will lead to sizable demand in the market.
The report on the electric car rental market covers the following areas:
Electric Car Rental Market sizing
Electric Car Rental Market forecast
Electric Car Rental Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric car rental market vendors that include Avis Budget Group Inc., Blue Cars Ltd., Current Vehicles Ltd., DriveElectric, Enterprise Holdings Inc., ETO Motors Pvt. Ltd., Evoke Pty Ltd., Getaround Inc., Green Motion International, Hertz Global Holdings Inc., Plug N Drive, SIXT SE, Stellantis NV, UFODrive SA, Volkswagen AG, Volt Age Hire, Wattacars, ZERO Carbon Technologies Inc., and Zoomcar India Pvt. Ltd.. Also, the electric car rental market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Market Segmentation by Vehicle Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Electric Car Rental Market 2019 - 2023
Historic Market Size - Data Table on Global Electric Car Rental Market 2019 - 2023 ($ million)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.3 Distribution Channel segment analysis 2019 - 2023
Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)
5.4 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.5 Vehicle Type segment analysis 2019 - 2023
Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ million)
5.6 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.7 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI impact on global electric car rental market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Economy cars - Market size and forecast 2024-2029
Chart on Economy cars - Market size and forecast 2024-2029 ($ million)
Data Table on Economy cars - Market size and forecast 2024-2029 ($ million)
Chart on Economy cars - Year-over-year growth 2024-2029 (%)
Data Table on Economy cars - Year-over-year growth 2024-2029 (%)
8.4 Luxury cars - Market size and forecast 2024-2029
Chart on Luxury cars - Market size and forecast 2024-2029 ($ million)
Data Table on Luxury cars - Market size and forecast 2024-2029 ($ million)
Chart on Luxury cars - Year-over-year growth 2024-2029 (%)
Data Table on Luxury cars - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Distribution Channel
9.1 Market segments
Chart on Distribution Channel - Market share 2024-2029 (%)
Data Table on Distribution Channel - Market share 2024-2029 (%)
9.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
9.3 Offline - Market size and forecast 2024-2029
Chart on Offline - Market size and forecast 2024-2029 ($ million)
Data Table on Offline - Market size and forecast 2024-2029 ($ million)
Chart on Offline - Year-over-year growth 2024-2029 (%)
Data Table on Offline - Year-over-year growth 2024-2029 (%)
9.4 Online - Market size and forecast 2024-2029
Chart on Online - Market size and forecast 2024-2029 ($ million)
Data Table on Online - Market size and forecast 2024-2029 ($ million)
Chart on Online - Year-over-year growth 2024-2029 (%)
Data Table on Online - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ million)
Data Table on Market opportunity by Distribution Channel ($ million)
10 Market Segmentation by End-user
10.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
10.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
10.3 Local usage - Market size and forecast 2024-2029
Chart on Local usage - Market size and forecast 2024-2029 ($ million)
Data Table on Local usage - Market size and forecast 2024-2029 ($ million)
Chart on Local usage - Year-over-year growth 2024-2029 (%)
Data Table on Local usage - Year-over-year growth 2024-2029 (%)
10.4 Airport transport - Market size and forecast 2024-2029
Chart on Airport transport - Market size and forecast 2024-2029 ($ million)
Data Table on Airport transport - Market size and forecast 2024-2029 ($ million)
Chart on Airport transport - Year-over-year growth 2024-2029 (%)
Data Table on Airport transport - Year-over-year growth 2024-2029 (%)
10.5 Outstation - Market size and forecast 2024-2029
Chart on Outstation - Market size and forecast 2024-2029 ($ million)
Data Table on Outstation - Market size and forecast 2024-2029 ($ million)
Chart on Outstation - Year-over-year growth 2024-2029 (%)
Data Table on Outstation - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
11 Market Segmentation by Vehicle Type
11.1 Market segments
Chart on Vehicle Type - Market share 2024-2029 (%)
Data Table on Vehicle Type - Market share 2024-2029 (%)
11.2 Comparison by Vehicle Type
Chart on Comparison by Vehicle Type
Data Table on Comparison by Vehicle Type
11.3 Hatchback - Market size and forecast 2024-2029
Chart on Hatchback - Market size and forecast 2024-2029 ($ million)
Data Table on Hatchback - Market size and forecast 2024-2029 ($ million)
Chart on Hatchback - Year-over-year growth 2024-2029 (%)
Data Table on Hatchback - Year-over-year growth 2024-2029 (%)
11.4 Sedan - Market size and forecast 2024-2029
Chart on Sedan - Market size and forecast 2024-2029 ($ million)
Data Table on Sedan - Market size and forecast 2024-2029 ($ million)
Chart on Sedan - Year-over-year growth 2024-2029 (%)
Data Table on Sedan - Year-over-year growth 2024-2029 (%)
11.5 Sports-utility vehicle (SUV) - Market size and forecast 2024-2029
Chart on Sports-utility vehicle (SUV) - Market size and forecast 2024-2029 ($ million)
Data Table on Sports-utility vehicle (SUV) - Market size and forecast 2024-2029 ($ million)
Chart on Sports-utility vehicle (SUV) - Year-over-year growth 2024-2029 (%)
Data Table on Sports-utility vehicle (SUV) - Year-over-year growth 2024-2029 (%)
11.6 Multi-utility vehicle (MUV) - Market size and forecast 2024-2029
Chart on Multi-utility vehicle (MUV) - Market size and forecast 2024-2029 ($ million)
Data Table on Multi-utility vehicle (MUV) - Market size and forecast 2024-2029 ($ million)
Chart on Multi-utility vehicle (MUV) - Year-over-year growth 2024-2029 (%)
Data Table on Multi-utility vehicle (MUV) - Year-over-year growth 2024-2029 (%)
11.7 Market opportunity by Vehicle Type
Market opportunity by Vehicle Type ($ million)
Data Table on Market opportunity by Vehicle Type ($ million)
12 Customer Landscape
12.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
13 Geographic Landscape
13.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
13.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
13.3 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
13.4 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
13.5 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
13.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
13.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
13.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
13.9 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
13.10 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
13.11 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
13.12 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ million)
Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
13.13 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
13.14 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
13.15 Spain - Market size and forecast 2024-2029
Chart on Spain - Market size and forecast 2024-2029 ($ million)
Data Table on Spain - Market size and forecast 2024-2029 ($ million)
Chart on Spain - Year-over-year growth 2024-2029 (%)
Data Table on Spain - Year-over-year growth 2024-2029 (%)
13.16 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
13.17 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
13.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
14 Drivers, Challenges, and Opportunity/Restraints
14.1 Market drivers
14.2 Market challenges
14.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
14.4 Market opportunities/restraints
15 Competitive Landscape
15.1 Overview
15.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
15.3 Landscape disruption
Overview on factors of disruption
15.4 Industry risks
Impact of key risks on business
16 Competitive Analysis
16.1 Companies profiled
16.2 Company ranking index
16.3 Market positioning of companies
Matrix on companies position and classification
16.4 Avis Budget Group Inc.
Avis Budget Group Inc. - Overview
Avis Budget Group Inc. - Business segments
Avis Budget Group Inc. - Key offerings
Avis Budget Group Inc. - Segment focus
SWOT
16.5 Blue Cars Ltd.
Blue Cars Ltd. - Overview
Blue Cars Ltd. - Product / Service
Blue Cars Ltd. - Key offerings
SWOT
16.6 Current Vehicles Ltd.
Current Vehicles Ltd. - Overview
Current Vehicles Ltd. - Product / Service
Current Vehicles Ltd. - Key offerings
SWOT
16.7 DriveElectric
DriveElectric - Overview
DriveElectric - Product / Service
DriveElectric - Key offerings
SWOT
16.8 Enterprise Holdings Inc.
Enterprise Holdings Inc. - Overview
Enterprise Holdings Inc. - Product / Service
Enterprise Holdings Inc. - Key news
Enterprise Holdings Inc. - Key offerings
SWOT
16.9 ETO Motors Pvt. Ltd.
ETO Motors Pvt. Ltd. - Overview
ETO Motors Pvt. Ltd. - Product / Service
ETO Motors Pvt. Ltd. - Key offerings
SWOT
16.10 Evoke Pty Ltd.
Evoke Pty Ltd. - Overview
Evoke Pty Ltd. - Product / Service
Evoke Pty Ltd. - Key offerings
SWOT
16.11 Getaround Inc.
Getaround Inc. - Overview
Getaround Inc. - Product / Service
Getaround Inc. - Key offerings
SWOT
16.12 Green Motion International
Green Motion International - Overview
Green Motion International - Product / Service
Green Motion International - Key offerings
SWOT
16.13 Hertz Global Holdings Inc.
Hertz Global Holdings Inc. - Overview
Hertz Global Holdings Inc. - Business segments
Hertz Global Holdings Inc. - Key news
Hertz Global Holdings Inc. - Key offerings
Hertz Global Holdings Inc. - Segment focus
SWOT
16.14 Plug N Drive
Plug N Drive - Overview
Plug N Drive - Product / Service
Plug N Drive - Key offerings
SWOT
16.15 SIXT SE
SIXT SE - Overview
SIXT SE - Business segments
SIXT SE - Key news
SIXT SE - Key offerings
SIXT SE - Segment focus
SWOT
16.16 Stellantis NV
Stellantis NV - Overview
Stellantis NV - Business segments
Stellantis NV - Key news
Stellantis NV - Key offerings
Stellantis NV - Segment focus
SWOT
16.17 UFODrive SA
UFODrive SA - Overview
UFODrive SA - Product / Service
UFODrive SA - Key offerings
SWOT
16.18 Volkswagen AG
Volkswagen AG - Overview
Volkswagen AG - Business segments
Volkswagen AG - Key news
Volkswagen AG - Key offerings
Volkswagen AG - Segment focus
SWOT
17 Appendix
17.1 Scope of the report
17.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
17.3 Currency conversion rates for US$
Currency conversion rates for US$
17.4 Research methodology
17.5 Data procurement
17.6 Data validation
17.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
17.8 Data synthesis
17.9 360 degree market analysis
360 degree market analysis
17.10 List of abbreviations