South Africa Car Rental and Leasing Industry Research Report And Outlook: 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 South Africa Cab Aggregator Market Segmentation By Region In 2018, Northern South Africa had the largest share in the cab aggregator market in terms of revenue followed by Southern South Africa, Eastern South Africa and Western South Africa. The major markets in Northern region in South Africa for online cab aggregators are Johannesburg and Pretoria. This is majorly due to the large populations in these cities. Growth Drivers The roll-out programme for eVisas in South Africa along with the low exchange rate for rand is expected to make South Africa a thriving tourist destination for foreign travelers in the future, thus expanding the car rental industry too. The country’s population, number of smart phone users and internet usage penetration are on a constant rise. All these factors are expected to improve demand for app based taxi. The need to integrate Bus Rapid Transit (BRT) systems better with other public transport systems, including municipal buses, minibus-taxis, metered taxis and e-hail services presents a huge growth opportunity for the car rental and taxi industry in the country as it would help to greatly expand the number of people benefiting from investment in public transport. Issues and Challenges The high prices of vehicle installments, vehicle parts and maintenance costs have cut the profit margins for the taxi operators and made it difficult to sustain business especially as they get no operational subsidy from government. High competition among existing companies has cut the margins to below sustainable level. Metered taxi drivers face fierce competition from e-hailing taxi services which are severely affecting the formers business due to the low prices they offer. High cost of fuel and its continuous escalating price is a key issue for the car rental business and has passed on to the commuters in the form of high prices. Both driver and rider safety are major concerns in South Africa and illegal operators in the industry have contributed to violence in the industry. Competitive Landscape South Africa Car Rental and Leasing Market South Africa Car Rental and Leasing market is highly concentrated with the presence of 5 big players constituting majority of the market. Avis Budget Group Inc, Europcar Groupe SA, Hertz Corp, First Car Rental SA and Imperial Holdings Ltd are the major players in the market. The major competition parameters are price, fleet variations, value added services offered, age of the car and ease of availability. South Africa Cab Aggregator Market South Africa Cab Aggregator market is highly concentrated with the presence of two big players constituting majority of the market. Uber was the market leader followed by Taxify. The major players competed in the market on the basis of price, commission charged, ease of availability, waiting time for customers, training of drivers, value added services offered, app design and user interface and promotional activities and offers. Future Outlook and Projections South Africa Car Rental and Leasing Market The future outlook of the car rental and leasing industry is positive. Utilization of rental and leased vehicles for executing jobs in app based taxi market, increase in tourism in the country due to the roll-out programme for eVisas in South Africa and the low valuation of Rand, rising number of middle income families and the improving economic scenario are some key factors that are expected to drive the market. The percentage share of offline bookings in the car rental and leasing market will constantly decline and by 2023, online bookings are expected to have the major share in the market. In the long run, logistics and courier companies are expected to continue to be the major end user, followed by the mining company executives. South Africa Cab Aggregator Market The market size of the online cab aggregator market is expected to augment at a positive CAGR for the period 2018- 2023. The huge drop in the growth rate is expected as even though the online cabs have been expanding at a tremendous rate till now, they are expected to reach a saturation point in the near future. Their growth will also be restricted by the low paying capacity of most of the people in the country. In the long run, it is expected that market will be largely dominated by two or three players only. The number of rides is expected to register constant growth as companies expand their presence to more cities. The online cab aggregator companies may also introduce the concept of share rides in the country, which is already functional in more developed markets around the globe. Key Segments Covered:- South Africa Car Rental and Leasing Market: By Region: Northern South Africa Southern South Africa Eastern South Africa Western South Africa By Type of Booking: Online Booking Offline Booking By Type of End Users: Mining Company Executives Logistic and Courier Companies Financial Institutions, Consultancy, Hospitality Industry and Others South Africa Cab Aggregator Market:- By Region: Northern South Africa Southern South Africa Eastern South Africa Western South Africa Key Target Audience:- Car Rental Companies Car Leasing Companies Online Cab Aggregators Taxi Companies Private Equity Ventures Time Period Captured in the Report:- 2013-2018 – Historical Period 2019-2023 – Future Forecast Companies Covered:- Car Rental and Leasing Companies:- Avis Budget Group Inc, Europcar Groupe SA, Hertz Corp, First Car Rental SA and Imperial Holdings Ltd, Uber and Taxify To know more, click on the link below:- South Africa Car Rental And Leasing Market Related Reports By Ken Research:- Russia Car Rental Market by Type (App Based Taxi Aggregator, Self Drive Rental Car, Chauffer Driven Rental and Taxi Services), and by Off-Airport On-Airport Outlook To 2022 Kuwait Vehicle Leasing Market Outlook to 2023 – By Vehicle Type (SUV/MUV, Sedan, Pickups and Luxury Segment) and By End Users (Oil & Gas, Government, Construction, Logistics and Transportation, Telecom and Electrical and Others) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications ankur@kenresearch.com +91-9015378249 Tags: Airport Transfers In South Africa, Business Model Of Cab Aggregator Companies South Africa, Business Model Of Car Rental And Leasing Companies South Africa, Car Rental And Leasing Industry In South Africa, Car Rental And Leasing Market In South Africa, Challenges South Africa Car Rental, Developments South Africa Car Rental, Eastern South Africa Taxi Market, Fuel Prices In South Africa Taxi Market, Growth Drivers South Africa Car Rental, Industry Research Report Of South Africa Car Rental And Leasing Market, Market Research Report Of South Africa Car Rental And Leasing Market, Metered Taxi Market In South Africa, Minibus Taxi Market In South Africa, Northern South Africa Taxi Market, Political Impact South Africa Taxi Market, Regulatory Norms In South Africa Taxi Market, Self Drive Market South Africa, South Africa Avis Company Profile, South Africa Cab Aggregator Market, South Africa Car Leasing Industry, South Africa Car Leasing Market, South Africa Car Rental And Leasing Industry, South Africa Car Rental And Leasing Industry Research Report, South Africa Car Rental And Leasing Market, South Africa Car Rental And Leasing Market Analysis, South Africa Car Rental And Leasing Market Future Outlook, South Africa Car Rental And Leasing Market Major Players, South Africa Car Rental And Leasing Market Overview, South Africa Car Rental And Leasing Market Research Report, South Africa Car Rental And Leasing Market Revenue, South Africa Car Rental Direct Booking Market, South Africa Car Rental Industry, South Africa Car Rental Market, South Africa Car Rental Offline Booking Market, South Africa Car Rental Online Booking Market, South Africa Car Rental Third Party Booking Market, South Africa Europcar Company Profile, South Africa First Car Rental Company Profile, South Africa Hertz Company Profile, South Africa Internet Penetration Taxi Market, South Africa Logistic And Courier Taxi Market, South Africa Mining Company Taxi Market, South Africa Smartphone Penetration Taxi Market, South Africa Taxi Market, South Africa Taxify Market, South Africa Tourism Taxi Market, South Africa Uber Company Profile, South Africa Uber Market, Southern South Africa Taxi Market, Transport Structure In South Africa, Western South Africa Taxi Market