Indonesia Car Rental Market Size & Share, Report | 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 Market Overview For international travellers, Indonesia had long been an economical vacation. The arrival of both domestic and foreign tourists, traffic jams, and rising consumer spending on transportation are the main drivers that have boosted the industry’s growth. The country’s rising demand for car rental services has boosted market rivalry. Some industry players have dominated the Indonesian vehicle rental sector. Fixed rental rates, accessibility, dependability, and security are a few of the elements that have contributed to the organized sector’s supremacy over the unorganised sector in the region. Indonesia Car Rental Market To Know More about this report, download a Free Sample Report The car rental industry’s fleet size has increased at an astounding CAGR percentage. The fleet size has increased as a result of rising demand and the availability of more affordable used cars. In 2016, chauffeur-driven services were outsold by non-chauffeur-driven services. The main reason for this was that both local and foreign tourists preferred to rent cars and drive them themselves across the nation. Report Analysis According to the research report, “Indonesia Car Rental Market Outlook to 2021 – Rising Tourism and Growing Middle-Class Population to Foster Future Growth” expresses that the market is driven by the increasing number of foreign travellers daily. Other factors that help in the growth of this market are an expansion of fleet sizes, a rising focus of car rental firms on corporate firms, and rising on and off-airport sites in Indonesia. The market is growing significantly as more smartphone-based internet rental car booking apps are being used. Likewise, growing internet usage has made it easier for firms in the industry to attract a sizable consumer base with the help of mobile applications for online booking for the convenience of users. Additionally, the tourism sectors in cities like Jakarta and Bali are expanding, which is expected to have a beneficial impact on the Indonesian car rental market growth. There are over businesses competing in the extremely competitive and highly fragmented Indonesian car rental market. As of 2016, the top 10 companies in Indonesia’s automobile rental sector collectively held a huge % of the market in terms of fleet size. These businesses compete with one another for customers by offering better rental rates, fleet types and sizes, maximum rental periods, timely maintenance, quick backup in the event of a breakdown, and some other factors. Some major key players in the Indonesia Car Rental Market are: Blue Bird TRAC Express Taxi Tunas Rental MPM Rent Assa Rent Others Impact of COVID-19 Before the COVID-19 pandemic, the Indonesian car rental market was expanding at a brisk rate. When compared to other industrialized countries, Indonesia has fewer personal cars per capita; as a result, car rentals have emerged as a popular form of transportation in Indonesia. Furthermore, the Indonesian government’s lockdowns, travel restrictions, and other steps to stem the coronavirus’s spread resulted in a lull in commerce, which was damaging to the car rental market. Meanwhile, the corporate sector’s demand for car rental services fell even further as a result of the WFH rules that businesses all around Indonesia implemented. Future Outlook In the impending years, the Indonesia Car Rental Market will grow because of the increased focus of car rental firms on corporate clients, the increase in foreign travellers, etc. The current car rental market participants in Indonesia are in the process of introducing new services and improving entertainment alternatives, such as adding an LED screen for clients to avoid exhausting them in their cities traffic jams and GPS tracking of the journey. Since there are more businesses offering car rental services every year, the kind and calibre of these services are advancing in the market to compete. All of these elements would increase demand for car rental services in Indonesia, and the market is anticipated to expand during a gauge period from 2016 to 2021. For more insights on market intelligence, refer to the link below: – Indonesia Car Rental Market Analysis Related Reports by Ken Research: – Netherlands Car Rental Market Outlook to 2027F Saudi Arabia Car Rental and Leasing Market Outlook to 2023 South Africa Car Rental and Leasing Market Projections to 2023 Tags: Car Rental (Self Drive) in Indonesia, Car Rental in Indonesia, indonesia car rental companies, Indonesia Car Rental Industry, Indonesia Car Rental Industry Research Report, Indonesia Car Rental Market, Indonesia Car Rental Market Analysis, Indonesia Car Rental Market Future Outlook, Indonesia Car Rental Market Growth Rate, Indonesia Car Rental Market Major Players, Indonesia Car Rental Market Research Report, Indonesia Car Rental Market Revenue, Indonesia Car Rental Market Segmentation, Indonesia Car Rental Market Share, Indonesia Car Rental Market Size, Indonesian Auto Leasing and Car Rental Market, Luxury Car Rental Indonesia, Premium Car Rental Business in Indonesia