The revenues from the overall car rental industry in Brazil are estimated to achieve a peak growth of 17.7% in 2016 from the previous year. The easing of interest rates in the country coupled with a positive movement of macro-economic variables is expected to compliment the growth of car rental revenues. The revenues from the car rental market, which includes self-driven and chauffeur driven; is expected to increase at a high rate in 2016 as compared to the car leasing segment due to the arrival of the Olympics in Rio (2016). By 2020, the revenues from the car rental industry are projected to augment to USD 9.8 billion, achieving a CAGR of 3.5% from 2015 to 2020. The further strengthening of macro-economic variables and increasing business opportunities will encourage an augmented inflow of foreign national to the country. In addition to this, the expansion in road network and improving quality of road infrastructure will have a positive impact on car rental companies.
The revenue from the car leasing segment is highly dependent on the business environment and on the growth in number of companies within the country. Fluctuations in macro-economic variables will have a negligible impact on car leasing revenues as most contracts are signed for a minimum of 2 to 5 years. The improvement in client servicing with respect to leasing contracts will aid existing companies renew their leasing contracts with car rental agencies.
Chauffeur driven segment revenues are projected to grow with the increase in the cultural and sporting events and inflow of foreign national and business professionals into the country. The revenue from the self driven car rental segment is estimated to augment robustly by 2018. 2016 is an important year for Brazil as it is the first ever Olympic games being held in South America. In order to effectively host this event, the country has spent an estimated USD 22 billion in construction and infrastructure development. The “Carnival Brazil” in 2017 coupled with other cultural and sporting events is expected to help the steady growth in revenues of this segment. In addition to this, a spike in growth rate to ~% (2018) can be attributed to the increasing tourists arriving to the country due to the commencement of the International Congress of Mathematicians in 2018.
“According to Research Analyst at Ken Research, In order to maintain profitability and achieve long term goals by car rental companies, it is essential that they enter into repurchase agreements with automobile manufacturers in order to mitigate the risk arising from unstable depreciation value. This would also help car rental companies maintain optimum fleet size and higher average revenue per available car day. Car rental companies should also target the northern region in Brazil as this area constitutes approximately 45.3% of the country’s national territory but has low penetration with respect to the presence of car rental companies’ service network. In addition to this, car rental companies can also provide add-on services in the fleet management segment and also recruit women chauffeur in order to broaden their brand image in the car rental industry.”
The latest publication on “Brazil Car Rental Industry and Toll Application Market Outlook to 2020 – Increasing Sporting and Cultural activities and Robust Tourism to Foster Future Growth” by Ken Research provides a comprehensive analysis regarding the performance of the car rental industry in Brazil. The revenues of the industry have been segmented on the basis of fleet outsourcing (car leasing), self-driven car rental market and chauffeur-driven car rental market. Under each segment, aspects such as market size on the basis of revenue and fleet size have been computed. The report also covers market share in each segment along with the competitive landscape of car rental companies, pricing analysis, government regulation and working model in Brazil car rental industry. In addition to this, the report also covers Brazil toll application market size on the basis of revenues and road network, payment system and legislation in the toll application market. This report will help industry consultants, car rental and leasing companies, car aggregators, potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Key Topics Covered in the Report:
Comparison of Brazil Car Rental Market With USA
Operating Model of The Car Rental Market in Brazil
Genesis of Car Rental Market in Brazil
Market Overview
Fleet Overview
Customer Profile
Regional Network
Brazil Car Rental Market Size
. By Revenues and Fleet Size, 2010-2015
Brazil Car Rental Market Segmentation
By Car Rental Segments, 2010-2015
. By Organized and Unorganized Sector, 2015
Brazil Fleet Outsourcing Market
. Brazil Fleet Outsourcing Market Introduction
Brazil Car Leasing Market Size
By Revenue and Fleet Size, 2010-2015
Brazil Fleet Outsourcing Market Segmentation
By Major Industry Verticals, 2015
By Duration of Contract, 2015
By Type of Vehicle, 2015
Market Share in Brazil Car Leasing Market, 2015
Future Outlook for Brazil Car Leasing Market, 2016-2020
Brazil Rent a Car Market
Brazil Rent a Car Market Introduction
Brazil Rent A Car Market Size
Brazil Rent A Car Market Size By Revenues and Fleet Size, 2010-2015
Brazil Rent a Car Market Segmentation
By Self-Driven and Chauffeur Driven Car Rental Revenues, 2010-2015
Brazil Self-Driven Car Rental Market Segmentation
By Type of Booking Channel, 2015
By Packages Offered, 2015
By Usage, 2015
By Type of Car, 2015
Pricing Analysis in Brazil Self Driven Car Rental Market
Brazil Chauffeur Driven Car Rental Market Size
By Revenues, 2010-2015
Brazil Chauffeur Driven Car Rental Market Segmentation
By On Airport and Off Airport, 2015
By Business and Leisure Segment, 2015
By Type of Booking Channel (Online/Offline), 2015
By Cities, 2015
Market Share of Major Players in Brazil Rent a Car Market, 2015
Future Outlook for Brazil Rent a Car Market, 2016-2020
Self-Driven Car Rental Market Size, 2016-2020
Chauffuer Driven Car Rental Market Size, 2016-2020
Government Regulation in Brazil Car Rental Industry
Introduction
Law No. 8955
Brazil Toll Application Market
Brazil Toll Application Market Introduction
Design and Administration
Brazilian Highway Network
Maintenance and Operational Contracts
Current Scenario
. Brazil Toll Application Market Size, 2010-2015
. By Revenues from Toll Collection, 2010-2015
. By Toll Road Network, 2010-2015
. Payment Structure For Toll Roads
Brazil Car Rental Companies
. Legislation in the Toll Application Market
Toll Evasion In Brazil
Competitive Landscape of Major Car Rental Companies In Brazil
Localiza
Locamerica
Unidas
Hertz
Budget (Avis Budget Group)
Cab Aggregator Market in Brazil
. Growth Drivers, Trends and Challenges in Brazil Car Rental Market
. Growth Drivers and Trends
Growing Tourism
Improving Investment in Road Infrastructure
Growth in Cell Phone Subscriptions and Internet Users
Increase in Passenger Arrivals into the Country
Fragmented Market
Challenges
. SWOT Analysis of Brazil Car Rental Market
. Brazil Car Rental Market Future Outlook
. By Revenues, 2015
By Car Rental Segments, 2016-2020
. Analyst Recommendations
Macro Economic Factors Affecting The Car Rental Market in Brazil
Companies Covered in the Report
Localiza
Locamerica
AVIS Budget Group
Hertz
UNIDAS
Movida
Ouro Verde
ALD Automotive
Products Covered in the Report
Rent A Car
Fleet Outsourcing
Self Driven Car
Chauffer Driven Car
More Details Market Research Report Click on: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/brazil-car-rental-fleet-outsourcing-market/46888-100.html
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