Australia Car Leasing and Rental Market is Driven by Growing Inbound Tourists, High Corporate Fleet Requirement and Rising Number of SMEs: Ken Research REQUEST FOR SAMPLE REPORT Buy Now 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 “Low Australian dollar (AUD) exchange rate, rising number of millennial and growing tourism are some of the key factors that will collectively drive the growth within Australia Car Leasing and Rental Market” Analysts at Ken Research within their latest publication “Australia Car Leasing and Rental Market Outlook to 2023 – By Type of Car, By Region, By End User, By Rental Booking Purpose, By Rental Booking Mode and Ride Hailing Market- By Type of Ride, By Hailing Purpose and By State” believe that the market is expected to register positive growth at CAGR of 1.6% in terms of operating leasing revenue; 1.8% in terms of fleet size in car rental segment, 3.3% in terms of rental revenue; and 10.6% in terms of fleet size in ride-hailing segment and lastly, 11.5% in terms of ride-hailing revenue during the forecasted period 2019-2023. To learn more about this report Download a Free Sample Report Growing Workforce: The working professionals primarily drive the demand for car leasing, rental, and ride-hailing in Australia. The working population of Australia grew at a CAGR of 1.5% during the period 2013-2018. In terms of individual demand, Sedan and SUVs are the most preferable category. Increasing Number of Establishments: SMEs and Corporates are the major users of the car rental and leasing services in Australia. They tend to require cars for long term use which they procure through leasing. Additionally, they require cars for company trips and site visits which they source through car rental. The total number of Small and Medium establishments in Australia grew at a CAGR of 2.4% during the period 2013-2018, stimulated by the expansion of end-user industries as well as the entry of new industrial players in the country during the period. Tourism Industry: The demand for car rental in Australia has enhanced in the past few years with the rise in inbound and domestic tourist arrivals. The Tourism 2020 plan launched by Tourism Australia with the aim of improving tourism conditions and achieving more than AUD 115 billion in tourist overnight spend and the falling value of the Australian Dollar was, in particular, the main reason behind the rise in car rentals. Inbound tourists in Australia grew at a CAGR of 7.4% over the period 2013-2018. The car rental and leasing market of Australia is currently on the verge of reaching Maturity in its growth. The market houses approximately 1,200 players overall with majorly 5-6 national operators, while the rest operate within cities and have localized presence. The competition in the industry is divided between national operators and regional operators with service offerings differing from one operator to another. National operators include Avis, Budget, and Hertz, Thrifty and Europcar and others. Also, national operators have a large chunk of their stores and locations at airports, where the majority of the demand arises from inbound tourists. They derive the right to operate at airports by primarily obtaining concessions. Key Segments Covered in Australia Car Rental and Leasing Market Australia Car Leasing Market By Type of Car Ute Sedan SUV Luxury By Region New South Wales Victoria Queensland Western Australia Other States (Tasmania and South Australia) By End-User Mining Construction and Engineering Government Telecommunications Others (Logistics and Utility Industry) Australia Car Rental Market By Type of Car SUV Ute and LCVs Sedans By Rental Purpose Leisure Business By Booking Mode Online Offline Australia Ride-Hailing Market By Type of Ride Sedan / Economy / Mini SUV and Ute Luxury By Hailing Purpose Airport Leisure Office By State New South Wales Victoria Queensland Western Australia Other States (Tasmania and South Australia) Time Period Captured in the Report:- Historical Period: 2013-2018 Forecast Period: 2019-2023 Key Target Audience Car Rental Companies Fleet Management Organizations Cab Aggregators or Ride-Sharing Companies Car Sharing Companies Car Dealers Consumer Finance Organizations Automobile and Mobility Organizations End-User Industries Companies Covered:- Car Leasing Companies LeasePlan Australia Eclipx Group SG Fleet Custom Fleet Toyota Fleet Management ORIX Summit Fleet Car Rental Companies Avis Australia Hertz Australia Budget Australia Thrifty Australia Europcar Australia Cab Aggregators Uber Ola DiDi GoCatch Taxify (Bolt) Key Topics Covered in the Report:- Car Sharing Market in Australia Passenger car rental and hire in Australia Fleet market size Australia Ride-Sharing Market Australia Ridesharing Companies in Australia Australia Cab Sharing Market Avis Australia Car Rentals Market Share Budget Australia Car Rental Market Competitors Inbound Tourists Market Growth in Australia InterCity Travel in Australia Melbourne Car Leasing Market Share Uber Australia Market Share Airport car rentals Brisbane Thrifty car rental Sydney airport Car Hire Sydney Airport Sedan Car Rental Industry Sydney Ola Market Share in Australia For More Information on the Research Report, refer to below links: – Australia Car Leasing and Rental Industry Related Reports by Ken Research Saudi Arabia Car Rental and Leasing Market Outlook to 2023- By Business Model (Car Leasing and Car Rental), By Fleet Type (Small Category, Medium Category, SUV, Premium/Luxury) and By End Users (Logistics, FMCG, Oil & Gas, Construction, Government and Others) Philippines Car Rental, Car Leasing, Cab Aggregator and Yellow Taxi Market Outlook to 2023 – Driven by Planned Fleet Addition and Growth in Tourism and Construction Sector Costa Rica Car Rental, Leasing, Cab Aggregator and Red Taxi Market Outlook to 2023 – Driven by Inbound and Domestic Tourist Arrivals and Integration of Electric Vehicles in Current Fleet Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: airport car rentals brisbane, Australia Cab Aggregator Market, Australia Cab Sharing Market, Australia Car Leasing and Rental Industry, Australia Car Leasing and 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