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India Self Drive Car Rental Market Outlook to 2020 - Rising Customer Aspirations and Easy Availability of Renting Options to Boost Future Growth

India Self Drive Car Rental Market Outlook to 2020 - Rising Customer Aspirations and Easy Availability of Renting Options to Boost Future Growth


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Executive Summary

The report titled "India Self Drive Car Rental Market Outlook to 2020 – Rising Customer Aspirations and Easy Availability of Renting Options to Boost Future Growth" provides a comprehensive analysis of various aspects such as market size of India Self Drive Car Rental Market. The report also covers various segmentations by market structure, by Cities, by type of cars, by type of booking channels, by packages, by Intracity and intercity usage. Major players in India self drive car rental used two wheeler market have been identified and their competitive landscapes have also been covered in the report. The India self drive car rental market has displayed a strong growth over the five year period from FY’2010-FY’2015 on account of increasing income of households, increasing number of players in the market, rising leisure travel and others. 
The self drive car rental market in India has perceived a growth of ~% in terms of revenues over the period FY’2010- FY’2015. The self drive car rental industry in India is mainly dominated by the unorganized sector accounting for ~% of revenues in FY’2015 where as the organized market captured ~% of of market share. However, the trend has been shifting drastically in the favor organized sector. The hatchback car segment dominated the other spectrum of cars because of comfortable and smooth ride offered to the people within their affordable pricing packages. In FY’2015, the hatchback car segment constituted ~% of overall car fleet of the market. During FY’2015, the online booking platform captured the major proportion among other modes of booking channels. It constituted ~% in contrast to other modes of booking channels. The majority of the car bookings were done through online as compared to the physical booking where a person needs to go physically and make the booking. 
The self drive car rental segment in car rental industry is an emerging concept and has already gained a lot of popularity in metropolitans in India. It has marked its presence majorly in the metropolitan cities of India. Bangalore has the maximum market share with ~% in the revenue of the online car rental industry, followed by Delhi with ~% as of FY’2015. Mumbai, Chandigarh, Pune, Kolkata, Hyderabad and Goa together constitute a total of ~% of the market share.
The Self Car rental industry in India is comprised of various car rental companies that follow Pay per Use Model. In terms of revenues, Myles emerged as the leading players in the market, contributing ~% of the overall market revenues in FY’2015. Zoom Car has recently been emerged into the Indian self drive car rental market and has posted remarkable growth in this market. In terms of car fleet size, Zoom Car owned car fleet of ~ cars in FY’2015 as against ~ cars being owned by Myles during the same period. 
An emerging economy such as that of India offers huge potential for the self drive car rental market. The players in self drive car rental market can utilize the current economic situation to provide value services and excellent quality cars to improve their individual sales. In the coming few years, it is expected that the self drive car rental market will continue to flourish as more buyers will congregate the self drive car rental market seeking great deals as it is an excellent buying decision for an individual. Projections for the future suggest that this market is expected to showcase a vibrant growth, with revenues to reach INR ~ million by FY’2020, growing at a CAGR of ~% during the period FY’2016- FY’2020. Additionally, it is expected that by FY’2020, fleet size would grow at rapid pace due to emergence of new market players, growing demand for cars especially during weekends for leisure trips by Indian families as well as inbound tourists in India. There exist more opportunities and scope of innovations from budding startups in this space. 
Key Topics Covered in the Report:

  • The market size of India Self Drive Car Rental Market
  • Global Performance of Self Drive Car Companies-China, Brazil and The US
  • Market Structure of Organized and Unorganized Market Players in Self Drive Segment
  • Market segmentation of India self drive car market on the basis fleet size, different geographies, booking channels,
  • different segment of fleet, pricing packages, usage of self drive car rental services, age group, working class and
  • gender.
  • Government Regulations in India Self Drive Car Rental Market
  • Security Mechanism in India Self Drive Car Rental Market
  • Market Share of India Self Drive Car Rental Companies on the basis of Revenues and Fleet size
  • Business strategies of India Self Drive Car Rental Companies
  • Trends and Growth drivers of India Self Drive Car Rental Market
  • Issues and Challenges of India Self Drive Car Rental Market
  • Future Projections of India Self Drive Car Rental Market
  • Macro Economic Variables in India Self Drive Car Rental Industry

1. Executive Summary
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations
2.3. Market Size and Modeling
Approach
Top Down Analysis
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
3. India Self Drive Car Rental Market
3.1. India Self Drive Car Rental Market Introduction
3.2. Share of Self Drive Car Rental Expenses in Total Domestic Road Trip Cost, FY’2015
3.2.1. Leisure Travel
3.2.2. Business Travel
3.3. Global Performance of Self Drive Companies
3.3.1. How Indian Self Drive Car Rental Market is Evolving Relative to China, Brazil and US?
3.3.2. How Self Drive Car Rental Companies are Operating in Brazil?
3.3.3. How Self Drive Car Rental Companies are Operating in the US?
3.4. Operating Model of India Self Drive car Rental Market
4. India Self Drive Car Rental Market Size
4.1. By Revenues, FY'2010-FY'2015
4.2. By Car Fleet Size, FY’2010-FY’2015
5. India Self Drive Car Rental Market Segmentation
5.1. By Market Structure- Organized and Unorganized Players, FY’2015
By Revenues, FY’2015
By Car Fleet Size, FY’2015
5.2. By Type of Cities- Bangalore, Delhi, Mumbai, Chandigarh, Pune, Kolkata, Hyderabad and Goa, FY’2015
5.3. By Type of Booking Channels- Online, Mobile And Physical, FY’2015
5.4. By Type of Cars- Hatchback, Sedan, SUVs and Luxury, FY’2015
5.5. By Packages- Hourly, Daily, Weekly and Monthly, FY’2015
5.6. By Usage- Intercity and Intra-city, FY’2015
6. Consumer Profile in India Self Drive Car Rental Market
6.1. By Gender- Male and Female, FY’2015
6.2. By Age Group- 18-25 years, 25-40 years, 40 years and above, FY’2015
6.3. By Occupation- Businessman, Professional and Students, FY’2015
7. Trends and Growth Drivers in India Self Drive Car Rental Market
Attractive Campaigns and Packages
Technological Advancements
Economic Viability
Increasing Usage of Mobile Apps
Growing Presence of Organized Players
8. Issues and Challenges in India Self Drive Car Rental Market
Tightening of Emission Standards
Fluctuations in Petrol/ Diesel Prices
Higher Cancellation Charges
Seasonality of Demand
Depreciation Costs
9. Role of Government in India Self Drive Car Rental Market
9.1. Government Regulations in India Self Drive car Rental Market
9.2. Security Mechanism in India Self Drive Car Rental Market
10. Market Analysis of India Self Drive Car Rental Market
10.1. Porter Five Forces Analysis of India Self Drive Car Rental Market
Threats to Entrants: Low
Competitive Rivalry: High
Supplier Power: Low
Buyer Power: High
Threat of Substitution: High
11. Major Players in the Organized Self drive Car Rental Market in India
11.1. Market Share of Major Players in India Organized Self Drive Car Rental Market
11.1.1. By Revenues, FY’2015
11.1.2. By Car Fleet, FY’2015
11.2. Competitive Landscape of Major Players in India Self Drive car Rental Market
11.3. Company Profiles of Major Players in India Self Driven Car Rental industry
11.3.1. Zoom Car
Business Overview
Future Plans
Pricing Packages
11.3.2. Let Me Drive
Business Overview
Future Plans
11.3.3. Myles
Business Overview
Pricing Packages
Future Plans
11.3.4. Self Drive
Business Overview
Pricing Packages
11.3.5. Avis India
Business Profile
USP
11.3.6. Hertz
Business Overview
Pricing Packages
USP
11.4. Eligibility Criteria for Taking Rental car for Self Drive In India
11.4.1. Zoomcar
11.4.2. Let me Drive
11.4.3. Self Drive
11.4.4. Revv
11.4.5. Voler
11.4.6. Just Ride
12. India Self Drive Car Rental Market Future Outlook and Projections
12.1. By Revenues, FY’2016-FY’2020
12.2. By Car Fleet Size, FY’2016-FY’2020
Key Opportunities for Future
12.3. Cause and Effect Relationship between Dependent and Independent Factors of the Self Drive Car Rental Market in India
12.4. Analyst Recommendations
For Existing Players
For New Startups
Value Added Services
12.5. Industry Experts Take on Market
Rajiv Vij- CEO, Carzonrent
Greg Mohan- Cofounder & CEO, Zoomcar
Aishwary Singh-CEO, Just Ride
Brahma Chauhan- CTO, Voler
Navendu Saxena-Co Founder, Letme Drive
13. Macro Economic Factors Affecting India Self Drive Car Rental Market
13.1. Personal Disposable Income, FY’2010-FY’2020
13.2. Passenger Car Sales, FY’2010-FY’2020
13.3. Middle Income Population, FY’2010-FY’2020
13.4. Working Class Professionals, FY’2010-FY’2020
13.5. Smart Phone Users In India, FY’2010-FY’2020
Disclaimer
Contact Us

Figure 3-1: Proportion of Self Drive Car Rental Expenses in Total Leisure Trip Cost in Percentage (%), FY’ 2015
Figure 3-2: Proportion of Car Rental (Transport) Expenses in Total Domestic Business Trip Cost in Percentage (%), FY’ 2015
Figure 3-3: Operating Model for India Self Drive Car Rental Market
Figure 4-1: India Self Drive Car Rental Market Size on the Basis of Revenues in INR Million, FY'2010-FY'2015
Figure 4-2: India Self Drive Car Rental Market Size on the basis of Number of Fleet in Units, FY’2010-FY’2015
Figure 5-1: India Self Drive Car Rental Market Segmentation by Market Structure- Organized and Unorganized Players on the Basis of Revenues in Percentage (%), FY'2015
Figure 5-2: India Self Drive Car Rental Market Segmentation by Market Structure- Organized and Unorganized Players on the Basis of Car Fleet in Percentage (%), FY'2015
Figure 5-3: India Organized Self Drive Car Rental Market Segmentation by Cities- Bangalore, Delhi, Mumbai, Chandigarh, Pune, Kolkata, Hyderabad and Goa on the Basis of Revenues in Percentage (%), FY'2015
Figure 5-4: India Organized Self Drive Car Rental Market Segmentation by Booking Channels- Online, Mobile and Physical on the Basis of Revenues in Percentage (%), FY'2015
Figure 5-5: India Organized Self Drive Car Rental Market Segmentation by Type of Cars- Hatchback, Sedan, SUVs and Luxury on the Basis of Car Fleet in Percentage (%), FY'2015
Figure 5-6: India Organized Self Drive Car Rental Market Segmentation by Packages- Hourly, Daily, Weekly and Monthly on the Basis of Revenues in Percentage (%), FY'2015
Figure 5-7: India Organized Self Drive Car Rental Market Segmentation by Usage- Intercity and Intracity on the Basis of Revenues in Percentage (%), FY'2015
Figure 6-1: Consumer Preference in India Self Driven Car Rental Market by Gender-Male and Female on the Basis of Number of Transactions in Percentage (%), FY’2015
Figure 6-2: Consumer Preference in India Self Driven Car Rental Market by Age Group- 25-40 years, 18-25 years and above 40 years on the Basis of Number of Transactions in Percentage (%), FY’2015
Figure 6-3: Consumer Preference in India Self Driven Car Rental Market by Occupation- Professional, Business Class and Students on the Basis of Number of Transactions in Percentage (%), FY’2015
Figure 10-1: Porter's Five Force Analysis of India Self Drive Car Rental Market
Figure 11-1: Market Share of Major Players in India Self Drive car Rental Market Basis of Revenues in Percentage (%), FY’2015
Figure 11-2: Market Share of Major Players in India Self Drive car Rental Market on the Basis of Car Fleet in Percentage (%), FY’2015
Figure 11-3: Zoom Car Fleet Segmentation by Different Cars- Hatchback, Sedan, SUV and Luxury on the Basis of Number of Cars in Percentage (%), FY’2015
Figure 11-4: Let Me Drive Car Fleet Segmentation by Different Cars- Hatchback, Sedan, SUV and Luxury on the Basis of Number of Cars in Percentage (%), FY’2015
Figure 11-5: Myles Car Fleet Segmentation by Different Cars- Hatchback, Sedan, SUV and Luxury on the Basis of Number of Cars in Percentage (%), FY’2015
Figure 11-6: SelfDrive Car Fleet Segmentation by Different Cars- Hatchback, Sedan, SUV and Luxury on the Basis of Number of Cars in Percentage (%), FY’2015
Figure 12-1: India Self Drive Car Rental Market Future Outlook on the Basis of Revenues in INR Million, FY'2016-FY'2020
Figure 12-2: India Self Drive Car Rental Market Future Outlook on the Basis of Number of Car Fleet in Units, FY'2016- FY'2020
Figure 13-1: India Personal Disposable Income in INR Billion, CY'2010-CY'2020
Figure 13-2: Sale of Passenger Car in India in Thousands, FY'2010-FY'2020
Figure 13-3: Middle Income Population in India in Billion, FY'2010-FY'2020
Figure 13-4: India Working Class Population in Billion, FY'2010-FY'2020
Figure 13-5: Smart Phone Users in India in Million, FY'2010-FY'2020

Table 2-1: Correlation Matrix of India Self Drive Car Rental Market
Table 2-2: Regression Coefficient Outputs
Table 3-1: Comparison of India Self Drive Car Rental Market with China, Brazil and the US on the Basis of Fleet Size and Other Parameters
Table 3-2: Comparative Analysis of Major Domestic Players-Unidas, Localiza and Movida in Brazil Self Drive Car Rental Market
Table 3-3: Comparative Analysis of Major Domestic Players in the US Self Drive Car Rental Market
Table 5-1: India Self Drive Car Rental Market Segmentation by Market Structure-Organized and Unorganized Players on the basis of Revenues in INR Million, FY'2015
Table 5-2: India Self Drive Car Rental Market Segmentation by Market Structure-Organized and Unorganized Players on the basis of Car Fleet in Units, FY'2015
Table 5-3: India Organized Self Drive Car Rental Market Segmentation by Cities- Bangalore, Delhi, Mumbai, Chandigarh, Pune, Kolkata, Hyderabad and Goa on the Basis of Revenues in INR Million, FY'2015
Table 5-4: India Organized Self Drive Market Segmentation by Booking Channels- Online, Mobile and Physical on the Basis of Revenues in INR Million, FY'2015
Table 5-5: India Organized Self drive Car Rental Market Segmentation Type of Cars- Hatchback, Sedan, SUVs and Luxury on the Basis of Car Fleet in Units, FY'2015
Table 5-6: India Organized Self Drive Car Rental Market Segmentation by Packages - Hourly, Daily, Weekly and Monthly on the basis of Revenues in INR Million, FY'2015
Table 5-7: India Organized Self Drive Car Rental Market Segmentation by Usage- Intercity and Intracity on the Basis of Revenues in INR Million, FY’2015
Table 6-1: Consumer Preference in India Self Driven Car Rental Market by Gender-Male and Female on the Basis of Number of Transactions in Units, FY’2015
Table 6-2: Consumer Preference in India Self Driven Car Rental Market by Age Group- 25-40 years, 18-25 years and above 40 years on the Basis of Number of Transactions in Units, FY’2015
Table 6-3: Consumer Preference in India Self Driven Car Rental Market by Occupation- Professional, Business Class and Students on the Basis of Number of Transactions in Units, FY’2015
Table 11-1: Market Share of Major Players in India Self Drive car Rental Market on the Basis of Revenues in INR Million, FY’2015
Table 11-2: Market Share of Major Players in India Self Drive Car Rental Market by on the Basis of Car Fleet in Units, FY’2015
Table 11-3: Competitive Analysis of Major Players- Myles, Zoomcar, Let Me drive, Avis India, Car Club, Mi Cars and Self Drive in India Organized Self Drive Car Rental Market
Table 11-4: Comparative Analysis of Recent Startups- Just Ride, Revv and Voler in India Self Drive Car Rental Market
Table 11-5: Pricing Analysis of Recent Startups- Just Ride, Revv and Voler in India Self Drive Car Rental Market
Table 11-6: Analysis of Cancellation Charges Charged by Major Players- Myles, Zoom Car, Let me Drive, Self Drive, Mi Car and Car Club in India Self Drive Car Rental Market
Table 11-7: Key Performance Indicators of Zoom Car by Gender and Age on the Basis of Transactions in Number of Transactions and Percentage (%), FY’2015
Table 11-8: Pricing Packages of Zoom Car
Table 11-9: Key Performance Indicators of Let Me Drive by Gender and Age on the Basis of Transactions in Number of Transactions and Percentage (%), FY’2015
Table 11-10: Pricing Packages of Let Me Drive
Table 11-11: Key Performance Indicators of Myles by Gender and Age on the Basis of Transactions in Number of Transactions and Percentage (%), FY’2015
Table 11-12: Pricing Structure of Myles
Table 11-13: Key Performance Indicators of Myles by Gender and Age on the Basis of Transactions in Number of Transactions and Percentage (%), FY’2015
Table 11-14: Pricing Packages of Self Drive
Table 11-15: Pricing Packages of Hertz Self Drive Car Rental Company
Table 12-1: Cause and Effect Relationship between Dependent and Independent Factors in India Self Drive Car Rental Market

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India Self Drive Car Rental Market Outlook to 2020-Introduction and Performance Pages : 13| USD 150

3. India Self Drive Car Rental Market

3.1. India Self Drive Car Rental Market Introduction

3.2. Share of Self Drive Car Rental Expenses in Total Domestic Road Trip Cost, FY'2015

3.2.1. Leisure Travel

3.2.2. Business Travel

3.3. Global Performance of Self Drive Companies

3.3.1. How Indian Self Drive Car Rental Market is Evolving Relative to China, Brazil and US?

3.3.2. How Self Drive Car Rental Companies are Operating in Brazil?

3.3.3. How Self Drive Car Rental Companies are Operating in the US?

3.4. Operating Model of India Self Drive car Rental Market

India Self Drive Car Rental Market Outlook to 2020-Market Size Pages : 4| USD 150

4. India Self Drive Car Rental Market Size

4.1. By Revenues, FY'2010-FY'2015

4.2. By Car Fleet Size, FY'2010-FY'2015

India Self Drive Car Rental Market Outlook to 2020-Market Segmentation Pages : 15| USD 200

5. India Self Drive Car Rental Market Segmentation

5.1. By Market Structure- Organized and Unorganized Players, FY'2015

By Revenues, FY'2015

By Car Fleet Size, FY'2015

5.2. By Type of Cities- Bangalore, Delhi, Mumbai, Chandigarh, Pune, Kolkata, Hyderabad and Goa, FY'2015

5.3. By Type of Booking Channels- Online, Mobile And Physical, FY'2015

5.4. By Type of Cars- Hatchback, Sedan, SUVs and Luxury, FY'2015

5.5. By Packages- Hourly, Daily, Weekly and Monthly, FY'2015

5.6. By Usage- Intercity and Intra-city, FY'2015

India Self Drive Car Rental Market Outlook to 2020-Consumer Profile Pages : 6| USD 150

6. Consumer Profile in India Self Drive Car Rental Market

6.1. By Gender- Male and Female, FY'2015

6.2. By Age Group- 18-25 years, 25-40 years, 40 years and above, FY'2015

6.3. By Occupation- Businessman, Professional and Students, FY'2015

India Self Drive Car Rental Market Outlook to 2020-Trends and Issues Pages : 7| USD 100

7. Trends and Growth Drivers in India Self Drive Car Rental Market

Attractive Campaigns and Packages

Technological Advancements

Economic Viability

Increasing Usage of Mobile Apps

Growing Presence of Organized Players

8. Issues and Challenges in India Self Drive Car Rental Market

Tightening of Emission Standards

Fluctuations in Petrol/ Diesel Prices

Higher Cancellation Charges

Seasonality of Demand

Depreciation Costs

India Self Drive Car Rental Market Outlook to 2020-Role of Government Pages : 5| USD 50

9. Role of Government in India Self Drive Car Rental Market

9.1. Government Regulations in India Self Drive car Rental Market

9.2. Security Mechanism in India Self Drive Car Rental Market

India Self Drive Car Rental Market Outlook to 2020-Market Analysis Pages : 4| USD 50

10. Market Analysis of India Self Drive Car Rental Market

10.1. Porter Five Forces Analysis of India Self Drive Car Rental Market

Threats to Entrants: Low

Competitive Rivalry: High

Supplier Power: Low

Buyer Power: High

Threat of Substitution: High

India Self Drive Car Rental Market Outlook to 2020-Major Players Pages : 30| USD 150

11. Major Players in the Organized Self drive Car Rental Market in India

11.1. Market Share of Major Players in India Organized Self Drive Car Rental Market

11.1.1. By Revenues, FY'2015

11.1.2. By Car Fleet, FY'2015

11.2. Competitive Landscape of Major Players in India Self Drive car Rental Market

11.3. Company Profiles of Major Players in India Self Driven Car Rental industry

11.3.1. Zoom Car

Business Overview

Future Plans

Pricing Packages

11.3.2. Let Me Drive

Business Overview

Future Plans

11.3.3. Myles

Business Overview

Pricing Packages

Future Plans

11.3.4. Self Drive

Business Overview

Pricing Packages

11.3.5. Avis India

Business Profile

USP

11.3.6. Hertz

Business Overview

Pricing Packages

USP

11.4. Eligibility Criteria for Taking Rental car for Self Drive In India

11.4.1. Zoomcar

11.4.2. Let me Drive

11.4.3. Self Drive

11.4.4. Revv

11.4.5. Voler

11.4.6. Just Ride

India Self Drive Car Rental Market Outlook to 2020-Future Outlook Pages : 12| USD 200

12. India Self Drive Car Rental Market Future Outlook and Projections

12.1. By Revenues, FY'2016-FY'2020

12.2. By Car Fleet Size, FY'2016-FY'2020

Key Opportunities for Future

12.3. Cause and Effect Relationship between Dependent and Independent Factors of the Self Drive Car Rental Market in India

12.4. Analyst Recommendations

For Existing Players

For New Startups

Value Added Services

12.5. Industry Experts Take on Market

Rajiv Vij- CEO, Carzonrent

Greg Mohan- Cofounder & CEO, Zoomcar

Aishwary Singh-CEO, Just Ride

Brahma Chauhan- CTO, Voler

Navendu Saxena-Co Founder, Letme Drive

India Self Drive Car Rental Market Outlook to 2020-Macro Economic Factors Pages : 8| USD 50

13. Macro Economic Factors Affecting India Self Drive Car Rental Market

13.1. Personal Disposable Income, FY'2010-FY'2020

13.2. Passenger Car Sales, FY'2010-FY'2020

13.3. Middle Income Population, FY'2010-FY'2020

13.4. Working Class Professionals, FY'2010-FY'2020

13.5. Smart Phone Users In India, FY'2010-FY'2020

 

Avis, Hertz, Zoom Car, Myles, Let me Drive, Revv, Voler, Just Ride, Car Club, Selfdrive.in

Self Drive, Intercity Long Distance, Short Distance, Business Travel, Leisure Travel, Organized, Unorganized Segment, Online Bookings, Mobile Applications, Physical Platform, Daily, Weekly Packages, hatchback, sedans, SUV’s, luxury cars


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