The report
covers various aspects such as overall market size of Turkey car rental, cab
aggregator, self driven car and car sharing in terms of transaction value,
segmentation on the basis of market structure (organized and unorganized
sector), by mode of booking (online and offline), by clients (leisure and
business), by pick-ups (airport and off-airport), by car type (hatchback, sedan
and SUV) and by major regions. The report also covers trends and developments,
issues and challenges, regulatory scenario and SWOT analysis of Turkey car
rental market. The report covers snapshot and business models of cab aggregator
market, self driven car, car sharing, car pooling/ride sharing and bike
aggregator market in Turkey. The report also covers the competitive landscape
of the industry and comprehensive profile of leading players (Avis Budget Group
Inc, Europcar Groupe SA, Hertz Corp, The, D'Ieteren SA) operating in the
market. The report concludes with future outlook and projections of Turkey car
rental market, major macroeconomic indicators and upcoming trends affecting the
market have also been highlighted in the report. The report also serves
competitive scenario for each market which exists in car rental industry to get
an in-depth understanding of car rental sector in Turkey.
Double digit growth of online car booking,
political stability in Turkey, huge demand from domestic tourists will majorly
account for the growth of Turkey car rental market in upcoming years.
Increasing consumer spendings, expansion of
travel and tourism industry and increasing demand from working age population
will majorly account for the growth of Turkey car rental market in upcoming
years.
Turkey car rental market is expected to
witness decent growth in the forecasted period 2018-2022. An expected increase in incoming tourists,
increasing number of airline passengers, and an expected increase in traveler
preference for car rental will majorly drive car rental market of the country
in upcoming years. The car rental market has witnessed availability of a few
large scale players which is expected to change in coming future. It is
expected that new players will enter the market and current players will
increase investments for service improvement & diversification, fleet size
extension and market penetration which will further boost the forecast period
performance of car rental. Over the forecast period, the main threat to the
performance of car rental is the decrease in the number of airline passengers
as a result of the deteriorating security climate in the country, which will
have a negative impact on air traffic.
It is expected that the car rental market in
Turkey will continue to grow on the back of support from government to improve
infrastructure facilities, rising middle-class population with its high level
of disposable incomes and increasing volumes of tourism and business activities
in the country. The market is expected to grow also on the grounds of the
increased reach to the customers. The major car rental companies in Turkey are
expected to
expand their operations to the major airports
and other important destinations as to increase their reach across various
regions. The introduction of new services such as car pooling, car sharing and
other such services from the car rental companies will further aid the overall
market growth of car rental industry during 2018-2022.
Internet and Smartphone users in Turkey,
increasing international inbound arrivals and domestic tourists and growing
working population in Turkey are some other key factors that may have positive
impact on the market, according to the Analyst at Ken Research.
Ken Research in its latest study, Turkey Car Rental Market by Market Structure (Organized
and Unorganized Sector), by Mode of Booking (Online and Offline), by Clients
(Leisure and Business), by Pick-Ups (Airport and Off-Airport), by Car Type (Hatchback,
Sedan and SUV) and by Major Regions - Outlook to 2022,
suggests that demand for car rental in the country will grow at a positive
growth rate owing increasing market penetration of car rental companies and
huge scope in online bookings.
Key Topics
Covered in the Report
Car Rental in Turkey
Value Chain Analysis Turkey Car Rental Market
Turkey Car Rental Market Size
Turkey Cab Aggregators’ Revenue
Major Players in Turkey Car Rental Market
Car Rental Companies in Turkey
Competition in Turkey Car Rental Market
Turkey Self Driving Car Market Revenue
Non Chauffer Rental Car Market Turkey
Turkey Car Rental Market Future Growth
Hertz Corp, the Car Rentals Market Share
Europcar Groupe SA Inc Fleet Size
D'Ieteren SA Revenue from Car Rental
Avis Budget Group Inc Competitors
Future of Turkey Car Rental Market
Upcoming Trends in Car Rental Market Turkey
Market Share Leading Companies Turkey Cab
Aggregators
International Domestic Tourism Turkey
Growth Turkey Bike Rental Industry
Turkey Cab Sharing Market
Ride Sharing Market Turkey
For more
information on the research report, refer to below link:
Related
Reports by Ken Research
Contact Us:
Ken Research
Ankur Gupta, Head Marketing
+91-124-4230204