Developments In Car Rental Industry Market Outlook : Ken Research

The dynamic and complex business of car rental started with simplified renting car on per day basis at fixed base charges  plus over and above per mile charge. Soon hertz stepped into the market to change the face and fate of car rental industry. Now car rental is a fully fledged package consisting of combination… Continue reading Developments In Car Rental Industry Market Outlook : Ken Research

Launch Of Automative Vehicles In Car Rental Market Outlook : Ken Research

The concept of driverless vehicles seems to be new and it certainly feels novel, it was first thought of in the 1920s with Mercedes Benz actually taking up the project in 1980s. The recent developments have achieved greater recognitions and it entering various industry segments like logistics, aviation and even car rental. With the introduction… Continue reading Launch Of Automative Vehicles In Car Rental Market Outlook : Ken Research

Facial Recognition Technology And Car Rental Industry Market Outlook : Ken Research

Facial recognition technology has begun to gain traction on devices like i-Phone X. Just recently IDEMIA announced their plan to install facial recognition cameras in rental vehicles. IDEMIA is a French company that specializes in biometrics and digital technology. This company is using technology to increase the security of rented vehicles. Car rental market research… Continue reading Facial Recognition Technology And Car Rental Industry Market Outlook : Ken Research

Rental Cars, Global Systematic Thriving Business : Ken Research

Car rental market business has developed rapidly over the past few years due to increasing development in the travel and tourism industry. The increase in the consumers spending limit along with improved roads or highways infrastructure worldwide are the major factors that encourage consumers to opt for leisure and business trips. This trend in turn… Continue reading Rental Cars, Global Systematic Thriving Business : Ken Research

International Car Rental Industry Market Outlook : Ken Research

Overview: The car rental industry is a multibillion dollar industry globally. Car rental sector has observed immense growth in the recent years especially in USA and countries of Europe because of rising air travel by people for business or leisure. Car rental market research reports suggest that the US car rental industry alone was the… Continue reading International Car Rental Industry Market Outlook : Ken Research

Global Luxury Car Rental Market Outlook : Ken Research

Introduction:  The global car rental market research report has had immense competition from car sharing and peer to peer rental companies like Uber, Lyft and Turo which has made the competition scenario highly complex and increased customer expectations as well as supplier power. Aside from the competition there has been volatility in terms of regulations… Continue reading Global Luxury Car Rental Market Outlook : Ken Research

The Security Danger Of A Rental Car Report : Ken Research

Introduction: Recent statistics indicate that a person is more likely to be a victim of a car crash than a terrorist attack. The growing number of cases with rental car accidents and increasing safety and regulatory risks posed to rental car companies has led to many “travel management companies” that offer these vehicles installing telemetric… Continue reading The Security Danger Of A Rental Car Report : Ken Research

Threat Of Peer To Peer Car Rental To Traditional Car Rental Companies : Ken Research

Introduction: As of September 2017, peer to peer car sharing platform Turo raised an additional USD 92 Million from its investors completing their series D round of funding. The company utilizes a business model of peer to peer  matchmaking by providing a platform for users with vehicles to list their own cars on the platform… Continue reading Threat Of Peer To Peer Car Rental To Traditional Car Rental Companies : Ken Research

Car Rental Industry: The Threat Of Car Sharing To The Business Of Short Term Car Rental

Introduction: In April 2018, two companies, Ekar and Udrive were awarded contracts by the Dubai Road and Transport Authority for launching their ride sharing startups that allow users to share rides paying by the minute.  Udrive has 70% of the market as of now. The introduction of ride sharing has allowed consumers to avail a… Continue reading Car Rental Industry: The Threat Of Car Sharing To The Business Of Short Term Car Rental

Car Rental Services To Burgeon In Europe Via Improving Economic Scenario: Ken Research

According to Europe,  Car Rental Industry Analysis in the recent years, there has been a strong rise in the number of inbound tourists to Europe which has further led to an affirmative impact on the growth of this market in the continent. Car rental services generally function in a network of pick-up or drop-off points… Continue reading Car Rental Services To Burgeon In Europe Via Improving Economic Scenario: Ken Research