Localiza, Locamerica, Unidas, Hertz and Avis Budget are the major Car Rental Companies Operating in Brazil : Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Brazil car rental industry includes the revenues generated from the Rent a Car (RAC) segment and the fleet outsourcing and management segment. The revenues generated from self-driven car rentals and chauffeur driven car rentals comprise the Rent a Car market. The fleet size increased attaining a CAGR of 17.1% during the review period. The segment of corporate fleet outsourcing is on the rise when compared with most developed countries, the concept of outsourcing fleet holds huge growth potential in Brazil. Companies operating in the Rent a Car (RAC) segment provide self-driven cars on rent for short term and long term rentals as well as chauffer driven cars for daily short distance travels. Individuals procuring vehicles on rent for a period less than a month include short term rentals. On the contrary, vehicles taken on rent for a period greater than a month but less than a year are known as long term rentals. In addition to this, car rental companies also provide vehicles for insurance replacement. In cases where an individual’s (under insurance) car is damaged and sent for servicing, insurance companies obtain vehicles from car rental companies and provide them to the insured for a stipulated period or until the damaged car is fixed. In terms of revenue contribution however, the on airport segment has made a higher contribution to overall revenues in comparison to the off airport segment The large car rental companies have been established in the country for a long period of time due to which they have obtained higher economies of scale. In order to reduce competition in the market, large companies acquire smaller car rental enterprises in order to further boost their presence in the market. The segment of corporate fleet outsourcing is on the rise when compared with most developed countries, the concept of outsourcing fleet holds huge growth potential in Brazil. The easing interest rates in the country coupled with positive movement of macro-economic variables is expected to compliment the growth of car rental revenues. The revenues from the Rent a Car (RAC); is expected to increase at a high rate as compared to the car leasing segment due to the arrival of the Olympics in Rio (2016). For more information on the market research report please refer to the link below: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/brazil-car-rental-fleet-outsourcing-market/46888-100.html Related Reports: Egypt Car Rental And Leasing Market Forecast To 2020 – Recovering Economy And Improved Transport Infrastructure To Drive Growth Kuwait Car Rental And Leasing Market Forecast To 2020 – High Per Capita Income And Demand For Car Leasing To Drive Growth Middle East Car Rental And Leasing Market Forecast To 2020 – Augmentation In Qatar And Oman Along With Rise In Car Leasing To Stimulate Growth Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Post Views: 2 Tags: Brazil Rent A Car Market growth, Car Rental in Brazil, Car Rental Industry in Brazil, Car rental industry statistics trends, Car Rental Locations Brazil, On Airport Rental Car Brazil