United States Car Rental Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (undefined)

United States Car Rental Market is Segmented By Car Type (Economy Car, Compact Car, Intermediate Car, Premium Car, Luxury Car, Sports Utility Vehicle, Others), By Booking Type (Offline Access, Mobile Application, Other Internet Access), By Age (18-29 Years Old, 30-59 Years Old, 60 Years Old and Above). The report offers the value (in USD billion) for the above-mentioned segments.

United States Car Rental Market Size

Market Size in USD

CAGR5.5%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR5.5%
Market ConcentrationHigh
Major PlayersThe Hertz Corporation, SixtSE, Avis Budget Group Inc., Alamo, National Car Rental
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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United States Car Rental Market Analysis

The United States Car Rental Market is estimated to be valued at USD 35.26 Bn in 2024 and is expected to reach USD 51.12 Bn by 2031, growing at a CAGR of 5.5% from 2024 to 2031.

The car rental market in the United States has been witnessing significant growth over the past few years. The demand for car rentals has increased steadily thanks to the rising travel and tourism industry in the country.