Tuesday, January 31, 2023

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Automotive, Transportation and Warehousing Automotive and Automotive Components On-Demand transportation, Technological Innovations, and the Expansion of the tourism industry with...

On-Demand transportation, Technological Innovations, and the Expansion of the tourism industry with rising foreign tourists are boosting the Netherlands Car Rental Market: Ken Research

Driven by Increasing Demand from the Working-age Population and Expansion of the Tourism and Travel Industry, the car rental market in the Netherlands has ample growth potential in the coming years.

Consumer Interests for On Demand Transportation: Commuters are increasingly demanding familiar, reliable, and high-quality travel services during their travel. With the new trend evolution of ‘bleisure’, gaining popularity across the country is skyrocketing the market. Factors such as rise in trend of on-demand transportation services and low rate of car ownership among millennials have propelled the growth of car rental market in the country. Additionally, the growing number of car rental services especially in metropolitan regions and airports along with increased spending power, and changing lifestyles of people.

Netherlands Car Rental Market

For More Information, Download Sample Report

Advancement of Technology: The impact of technological advancements have revolutionized the industry in recent years. Improved customer and corporate information management and hassle-free internet booking applications are the two prominent ways of assisting car rental service operators to offer enhanced services.

Mission Zero and Formula E-Team: in the Netherlands “The Mission Zero” Powered by Holland presentation outlines how the Netherlands wants to lead the way to a zero-emission future. In addition to this, the Formula E-Team (FET) was set up to promote developments in electric transport. It is a public-private collaboration between the government, companies, and knowledge institutions. The FET implements the promise of 100% net sales to be zero emissions by 2030.

Rise in gasoline and Severe Competition: Hike in fuel, gasoline prices and severe competition are the two major challenges the Netherlands Car Rental market is witnessing. Gasoline prices began soaring as a result of lockdowns being lifted, followed by Russia’s invasion of Ukraine. High competition from organized players impacts unorganized players negatively, especially with the entry of new international players in the market affecting the growth of local players.

Analysts at Ken Research in their latest publication Netherlands Car Rental Market Outlook to 2027F Driven by Increasing Demand from the Working-age Population and Expansion of the Tourism and Travel Industryobserved the potential of the Car Rental Market in the Netherlands. The expansion of the tourism industry with rising foreign tourists in the Netherlands and On- Demand for transportation, the rising need for transportation options in the Netherlands, and increasing demand from customers along with government incentives on electric vehicles are expected to contribute to the market growth over the forecast period. The Netherlands Car Rental Market is expected to grow at 13.7% CAGR over the forecasted period 2022P-2027F owing to the increasing demand from the working-age population and expansion of the tourism and travel Industry.

Netherlands Car Rental Market:

  • By Market Structure:
  • Organized market
  • Unorganized market
  • By Type of Vehicles:
  • Small Cars/ Hatchbacks
  • Sedans
  • SUVs
  • Others
  • By ICE/EV:
  • ICE (Internal Combustion Engine
  • Electric Vehicles
  • By Region:
  • Central
  • South
  • North
  • By Mode of Booking:
  • Online
  • Offline
  • By Client:
  • Business
  • Leisure
  • By Pick-up:
  • Off-Airport
  • On-Airport

Key Target Audience

  • Car Rental Companies aiming to establish in the Netherlands
  • Netherlands automotive industries
  • Government Bodies & Regulating Authorities
  • Venture Capitalist targeting the car rental market
  • Automotive industry association

Time Period Captured in the Report:

  • Historical Year: 2017-2022P
  • Base Year: 2022P
  • Forecast Period: 2022P– 2027F

 Companies Covered:

  • Car Rental Company

Avis Budget Group

Hertz

Euro Mobil

Rent a Car

Europcar

SIXT

Enterprise

Key Topics Covered in the Report

  • Overview of Automotive Industry in the Netherlands
  • Overview and Genesis of Car Rental Market in Netherlands
  • Ecosystem of Netherlands Car Rental Market
  • Business Cycle and Value Chain Analysis of Car Rental Market in Netherlands
  • Netherlands Car Rental Market Sizing, 2017- 2022P
  • Market Segmentations of Car Rental Market in Netherlands (by Market Structure, by Type of Vehicle, by ICE/ EV, by Mode of Booking, by Pick-up, by Client, by Region), 2022P
  • Snapshots on Car Sharing, Cab Aggregators, Car Pooling/ Ride, Self- Driven Cars and Bike Aggregators
  • SWOT Analysis of Netherlands Car Rental Market
  • Growth Drivers of Netherlands Car Rental Market
  • Government Regulations And Incentives of Netherlands Car Rental Market
  • Trends and Developments of Netherlands Car Rental Market
  • Challenges of Netherlands Car Rental Market
  • Competitive Analysis of Car Rental Market in Netherlands
  • End User Analysis of Car Rental Market in Netherlands
  • Future Outlook and Projections of Car Rental Market in Netherlands, 2022P-2027F
  • Market Opportunities and Analyst Recommendations

For more insights on the market intelligence, refer to the link below:- 

Netherlands Car Rental Market

Related Reports By Ken Research

Global Airport Car Rental Service Market

Global Car Rental Management Solution Market 

Global Car Rentals Market Status (2016-2020) and Forecast (2021E-2026F)

RELATED ARTICLES

Rising demand of personal vehicles with increasing population and future expansion strategies of market players to drive the Lubricants Market in Philippines: Ken Research

Buy Now Philippines Lubricants Market Ecosystem The Philippines lubricants market is fragmented with too many lubricant manufacturers operating in the industry. Petron and Shell are the...

The versatile nature and being great substitutes for helicopters, unmanned flights at a lower cost, the USA Drone market is expected to flourish in...

Buy Now USA Drone Market Ecosystem USA Drone Market is in the growing stage, the market is majorly consolidated. Domestic and International players coexist in the...

The Philippines Logistics Market is expected to grow at a CAGR of 8.2%, 2022P- 2027F owing to the Rapid Improvement in the Logistics Infrastructure...

Buy Now Philippines Logistics Market Ecosystem The Philippines Logistics Market is in the growing stage, being driven by increasing demand for food, beverages, and manufacturing products....

Most Popular

Philippines Medical Education Market is in Growing Stage, driven by its Quality Education & increasing popularity

Buy Now Philippines Medical Education is one of the Finest especially in terms of cost of the Course as well as other Medical...

Thailand Medical Device Market is all set to grow with double-digit CAGR from 2021 to 2026F, with import contributing the highest revenue share –...

Buy Now 1. Thailand’s medical devices market is one of the most well-known and well-established sectors in ASEAN countries which grew at a CAGR of...

The Malaysia Medical Education Market is being driven by Increasing Number of Private Medical Colleges and Government Pro-Industry Orientation – Ken Research

Buy Now 1. Private universities dominate the Malaysia Medical Education Market. Private universities account for the majority of the universities present in Malaysia. Growing economy...

The Government aims for wide adoption of 3D printing technology in the UAE by 2030: Ken Research

Buy Now 1. Due to the rise of the COVID-19 pandemic in the UAE this technology was used for the purpose of manufacturing commercially. 3D printing...