Electric Car Rental Market Research Report - Global Forecast till 2027

Global Electric Car Rental Market Research Report: Information by Vehicle Type (Battery, Hybrid and Plug-In Electric Car), Application (Economic Car, Executive Car, and others), Service (Online and Offline) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/AM/6853-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2019–2025 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


The Global Electric Car Rental Market is expected to witness high growth over the forecast period due to the growing focus to reduce the emission of harmful substances and to noise pollution. An electric car makes the journey even safer and more comfortable due to the inbuilt advanced technology such as intelligent lane intervention, emergency braking system, Bluetooth handsfree, automatic and timing air condition system and the new e-Pedal technology.


The market is expected to be driven by the growth of the travel and tourism industry, growing awareness about the advantages of an electric car over conventional car, rising demand for electric car rental from enterprises, and the high growth potential for EV rental market from emerging economy.


Unorganized EV rental service sector, limited availability of power resources, and gasoline and CNG operated vehicles are expected to hinder the growth of the market. Developing electric car battery rental service centers in emerging market such as China and India, increasing use of the internet to customize travel trips, in-car infotainment system, and growing online rent-a-car services and booking engines are providing growth opportunities. Therefore, the global electric car rental market size is projected to reach around USD 15 Billion by 2025 and is estimated to witness 15% CAGR during the forecast period, 2019–2025.


Segmentation:  Global Electric Car Rental Market  Electric Car Rental Market


The global electric car rental market is segmented based on vehicle type, application, service, and region. Based on vehicle type, the global market has been segmented into battery, hybrid, plugin hybrid electric car. Based on application, the global market has been segmented into economic, executive, and others.  Based on service, the global market has been segmented into online and offline. 


The global electric car rental market by region has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. Among the regions covered, Asia-Pacific accounted for the largest market for electric car rental, followed by Europe and North America. Major factors that have driven the electric car rental market in Asia-Pacific are an increase in sales of e-cars and large consumer base. Major growth is expected to be witnessed by the region due to the presence of countries such as India, China, the Philippines, and Vietnam where the car rental industry and tourism industry are growing rapidly.


Europe is expected to grow at a significant rate over the forecast period due to the presence of major automotive OEM’s such as BMW AG and Audi AG. Furthermore, stringent vehicle emission regulations announced by Germany, France, and the UK announced to phase out diesel engines by 2030 has led the demand for electric car across the region, which in turn drives the market growth. Countries such as Germany, France, and Spain are the major contributor to this market due to growing electric vehicle hire services.


North America is the third-largest market of market and is estimated to grow at a substantial rate during the forecast period due to the presence of electric car on rental service providers in the US and Canada. The US is expected to dominate the market in North America over the forecast period due to the rising migrants. Moreover, technological advancements and new mobility solutions such as hybrid vehicles and electric vehicles are expected to encourage companies to come up with new personalized mobility services to satisfy the changing needs and preferences of consumers across North America.


However, the electric car rental market is growing in Africa over the forecast period. According to the statistical data, Zambia (Africa) was the third fastest-growing tourism destination having an annual growth rate of 7.3 percent in travel and tourism direct contribution to GDP projected from 2014 to 2024. This growth in tourism sector is also contributing to the market growth.


Prominent Players


The Prominent Players in the global electric car rental market include Zipcar (US), Avis Budget Group, Inc. (the US), Enterprise Holdings Inc. (US), Europcar Mobility Group (France), The Hertz Corporation (US), Sixt SE (Germany), BlueIndy (US), DriveElectric (UK), Easirent (UK), Green Motion International (UK), Wattacars (Spain), Zoomcar (India), and Europcar Group (France).


The report for global electric car rental market of Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of qualitative and quantitative key points by various experts and key opinion leaders in the industry to gain deeper insights into the market and industry performance. This report provides a clear picture of the current market status, which includes the historic and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.


Intended Audience



  • Electric car manufacturers

  • Vehicle rental service providers

  • State and national regulatory authorities

  • Government and industry associations

  • State or government-owned corporations

  • Research organizations



Frequently Asked Questions (FAQ) :


The global electric car rental market can rise at 15% CAGR by 2025.

The market can value can exceed USD 15 Billion by 2025.

Economic and executive are some electric car rental components.

Wattacars (Spain), and Europcar Group (France), Green Motion International (UK), and Zoomcar (India),) are some reputed names in electric car rental market.

The presence of top notch companies can drive the market.

Table of Contents

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Application

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Service

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining Power of Buyers

3.1.3. Threat of Substitutes

3.1.4. Rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Electric Car Rental Market, by Vehicle Type

5.1. Introduction

5.2. Battery Electric Car

5.2.1. Market Estimates & Forecast, 2020-2027

5.2.2. Market Estimates & Forecast, by Region, 2020-2027

5.3. Hybrid Electric Car

5.3.1. Market Estimates & Forecast, 2020-2027

5.3.2. Market Estimates & Forecast, by Region, 2020-2027

5.4. Plug-In Hybrid Electric Car

5.4.1. Market Estimates & Forecast, 2020-2027

5.4.2. Market Estimates & Forecast, by Region, 2020-2027

6. Global Electric Car Rental Market, by Application

6.1. Introduction

6.2. Economic Car

6.2.1. Market Estimates & Forecast, 2020-2027

6.2.2. Market Estimates & Forecast, by Region, 2020-2027

6.3. Executive Car

6.3.1. Market Estimates & Forecast, 2020-2027

6.3.2. Market Estimates & Forecast, by Region, 2020-2027

6.4. Others

6.4.1. Market Estimates & Forecast, 2020-2027

6.4.2. Market Estimates & Forecast, by Region, 2020-2027

7. Global Electric Car Rental Market, by Service

7.1. Introduction

7.2. Online

7.2.1. Market Estimates & Forecast, 2020-2027

7.2.2. Market Estimates & Forecast, by Region, 2020-2027

7.3. Offline

7.3.1. Market Estimates & Forecast, 2020-2027

7.3.2. Market Estimates & Forecast, by Region, 2020-2027

8. Global Electric Car Rental Market, by Region

8.1. Introduction

8.2. North America

8.2.1. Market Estimates & Forecast, by Country, 2020-2027

8.2.2. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.2.3. Market Estimates & Forecast, by Application, 2020-2027

8.2.4. Market Estimates & Forecast, by Service, 2020-2027

8.2.5. US

8.2.5.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.2.5.2. Market Estimates & Forecast, by Application, 2020-2027

8.2.5.3. Market Estimates & Forecast, by Service, 2020-2027

8.2.6. Canada

8.2.6.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.2.6.2. Market Estimates & Forecast, by Application, 2020-2027

8.2.6.3. Market Estimates & Forecast, by Service, 2020-2027

8.3. Europe

8.3.1. Market Estimates & Forecast, by Country, 2020-2027

8.3.2. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.3.3. Market Estimates & Forecast, by Application, 2020-2027

8.3.4. Market Estimates & Forecast, by Service, 2020-2027

8.3.5. UK

8.3.5.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.3.5.2. Market Estimates & Forecast, by Application, 2020-2027

8.3.5.3. Market Estimates & Forecast, by Service, 2020-2027

8.3.6. Germany

8.3.6.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.3.6.2. Market Estimates & Forecast, by Application, 2020-2027

8.3.6.3. Market Estimates & Forecast, by Service, 2020-2027

8.3.7. France

8.3.7.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.3.7.2. Market Estimates & Forecast, by Application, 2020-2027

8.3.7.3. Market Estimates & Forecast, by Service, 2020-2027

8.3.8. Italy

8.3.8.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.3.8.2. Market Estimates & Forecast, by Application, 2020-2027

8.3.8.3. Market Estimates & Forecast, by Service, 2020-2027

8.3.9. Rest of Europe

8.3.9.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.3.9.2. Market Estimates & Forecast, by Application, 2020-2027

8.3.9.3. Market Estimates & Forecast, by Service, 2020-2027

8.4. Asia-Pacific

8.4.1. Market Estimates & Forecast, by Country, 2020-2027

8.4.2. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.4.3. Market Estimates & Forecast, by Application, 2020-2027

8.4.4. Market Estimates & Forecast, by Service, 2020-2027

8.4.5. China

8.4.5.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.4.5.2. Market Estimates & Forecast, by Application, 2020-2027

8.4.5.3. Market Estimates & Forecast, by Service, 2020-2027

8.4.6. Japan

8.4.6.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.4.6.2. Market Estimates & Forecast, by Application, 2020-2027

8.4.6.3. Market Estimates & Forecast, by Service, 2020-2027

8.4.7. India

8.4.7.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.4.7.2. Market Estimates & Forecast, by Application, 2020-2027

8.4.7.3. Market Estimates & Forecast, by Service, 2020-2027

8.4.8. Rest of Asia-Pacific

8.4.8.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.4.8.2. Market Estimates & Forecast, by Application, 2020-2027

8.4.8.3. Market Estimates & Forecast, by Service, 2020-2027

8.5. RoW

8.5.1. Market Estimates & Forecast, by Region, 2020-2027

8.5.2. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.5.3. Market Estimates & Forecast, by Application, 2020-2027

8.5.4. Market Estimates & Forecast, by Service, 2020-2027

8.5.5. Middle East & Africa

8.5.5.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.5.5.2. Market Estimates & Forecast, by Application, 2020-2027

8.5.5.3. Market Estimates & Forecast, by Service, 2020-2027

8.5.6. Latin America

8.5.6.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.5.6.2. Market Estimates & Forecast, by Application, 2020-2027

8.5.6.3. Market Estimates & Forecast, by Service, 2020-2027

9. Competitive Landscape

10. Company Profiles

10.1. Zipcar

10.1.1. Company Overview

10.1.2. Products/Services Offered

10.1.3. Financial Overview

10.1.4. Key Developments

10.1.5. Key Strategies

10.1.6. SWOT Analysis

10.2. Avis Budget Group, Inc.

10.2.1. Company Overview

10.2.2. Products/Services Offered

10.2.3. Financial Overview

10.2.4. Key Developments

10.2.5. Key Strategies

10.2.6. SWOT Analysis

10.3. Enterprise Holdings Inc.

10.3.1. Company Overview

10.3.2. Products/Services Offered

10.3.3. Financial Overview

10.3.4. Key Developments

10.3.5. Key Strategies

10.3.6. SWOT Analysis

10.4. Europcar Mobility Group

10.4.1. Company Overview

10.4.2. Products/Services Offered

10.4.3. Financial Overview

10.4.4. Key Developments

10.4.5. Key Strategies

10.4.6. SWOT Analysis

10.5. The Hertz Corporation

10.5.1. Company Overview

10.5.2. Products/Services Offered

10.5.3. Financial Overview

10.5.4. Key Developments

10.5.5. Key Strategies

10.5.6. SWOT Analysis

10.6. Sixt SE

10.6.1. Company Overview

10.6.2. Products/Services Offered

10.6.3. Financial Overview

10.6.4. Key Developments

10.6.5. Key Strategies

10.6.6. SWOT Analysis

10.7. BlueIndy

10.7.1. Company Overview

10.7.2. Products/Services Offered

10.7.3. Financial Overview

10.7.4. Key Developments

10.7.5. Key Strategies

10.7.6. SWOT Analysis

10.8. DriveElectric

10.8.1. Company Overview

10.8.2. Products/Services Offered

10.8.3. Financial Overview

10.8.4. Key Developments

10.8.5. Key Strategies

10.8.6. SWOT Analysis

10.9. Easirent

10.9.1. Company Overview

10.9.2. Products/Services Offered

10.9.3. Financial Overview

10.9.4. Key Developments

10.9.5. Key Strategies

10.9.6. SWOT Analysis

10.10. Green Motion International

10.10.1. Company Overview

10.10.2. Products/Services Offered

10.10.3. Financial Overview

10.10.4. Key Developments

10.10.5. Key Strategies

10.10.6. SWOT Analysis

10.11. Wattacars

10.11.1. Company Overview

10.11.2. Products/Services Offered

10.11.3. Financial Overview

10.11.4. Key Developments

10.11.5. Key Strategies

10.11.6. SWOT Analysis

10.12. Zoomcar

10.12.1. Company Overview

10.12.2. Products/Services Offered

10.12.3. Financial Overview

10.12.4. Key Developments

10.12.5. Key Strategies

10.12.6. SWOT Analysis

10.13. Europcar Group

10.13.1. Company Overview

10.13.2. Products/Services Offered

10.13.3. Financial Overview

10.13.4. Key Developments

10.13.5. Key Strategies

10.13.6. SWOT Analysis  


List of Tables

Table 1 Global Electric Car Rental Market, by Region, 2020-2027

Table 2 North America: Electric Car Rental Market, by Country, 2020-2027

Table 3 Europe: Electric Car Rental Market, by Country, 2020-2027

Table 4 Asia-Pacific: Electric Car Rental Market, by Country, 2020-2027

Table 5 RoW: Electric Car Rental Market, by Region, 2020-2027

Table 6 Global Electric Car Rental Market, by Vehicle Type, by Regions, 2020-2027

Table 7 North America: Electric Car Rental Market, by Vehicle Type, by Country, 2020-2027

Table 8 Europe: Electric Car Rental Market, by Vehicle Type, by Country, 2020-2027

Table 9 Asia-Pacific: Electric Car Rental Market, by Vehicle Type, by Country, 2020-2027

Table 10 RoW: Electric Car Rental Market, by Vehicle Type, by Region, 2020-2027

Table 11 Global Electric Car Rental Market, by Service, by Regions, 2020-2027

Table 12 North America: Electric Car Rental Market, by Service, by Country, 2020-2027

Table 13 Europe: Electric Car Rental Market, by Service, by Country, 2020-2027

Table 14 Asia-Pacific: Electric Car Rental Market, by Service, by Country, 2020-2027

Table 15 RoW: Electric Car Rental Market, by Service, by Region, 2020-2027

Table 16 Global Electric Car Rental Market, by Application, by Regions, 2020-2027

Table 17 North America: Electric Car Rental Market, by Application, by Country, 2020-2027

Table 18 Europe: Electric Car Rental Market, by Application, by Country, 2020-2027

Table 19 Asia-Pacific: Electric Car Rental Market, by Application, by Country, 2020-2027

Table 20 RoW: Electric Car Rental Market, by Application, by Region, 2020-2027

Table 21 Global Electric Car Rental Market, by Vehicle Type, 2020-2027

Table 22 Global Electric Car Rental Market, by Service, 2020-2027

Table 23 Global Electric Car Rental Market, by Application, 2020-2027

Table 24 North America: Electric Car Rental Market, by Vehicle Type, 2020-2027

Table 25 North America: Electric Car Rental Market, by Service, 2020-2027

Table 26 North America: Electric Car Rental Market, by Application, 2020-2027

Table 27 Europe: Electric Car Rental Market, by Vehicle Type, 2020-2027

Table 28 Europe: Electric Car Rental Market, by Service, 2020-2027

Table 29 Europe: Electric Car Rental Market, by Application, 2020-2027

Table 30 Asia-Pacific: Electric Car Rental Market, by Vehicle Type, 2020-2027

Table 31 Asia-Pacific: Electric Car Rental Market, by Service, 2020-2027

Table 32 Asia-Pacific: Electric Car Rental Market, by Application, 2020-2027

Table 33 RoW: Electric Car Rental Market, by Vehicle Type, 2020-2027

Table 34 RoW: Electric Car Rental Market, by Service, 2020-2027

Table 35 RoW: Electric Car Rental Market, by Application, 2020-2027


List of Figures

Figure 1 Research Application of MRFR

Figure 2 Top-Down and Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter's Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Electric Car Rental Market Share, by Vehicle Type, 2020 (%)

Figure 9 Global Electric Car Rental Market, by Vehicle Type, 2020-2027 (USD Million)

Figure 10 Global Electric Car Rental Market Share, by Service, 2020 (%)

Figure 11 Global Electric Car Rental Market, by Service, 2020-2027 (USD Million)

Figure 12 Global Electric Car Rental Market Share, by Application, 2020 (%)

Figure 13 Global Electric Car Rental Market, by Application, 2020-2027 (USD Million)

Figure 14 Global Electric Car Rental Market Share (%), by Region, 2020

Figure 15 Global Electric Car Rental Market, by Region, 2020-2027 (USD Million)

Figure 16 North America: Electric Car Rental Market Share (%), 2020

Figure 17 North America: Electric Car Rental Market, by Country, 2020-2027 (USD Million)

Figure 18 Europe: Electric Car Rental Market Share (%), 2020

Figure 19 Europe: Electric Car Rental Market, by Country, 2020-2027 (USD Million)

Figure 20 Asia-Pacific: Electric Car Rental Market Share (%), 2020

Figure 21 Asia-Pacific: Electric Car Rental Market, by Country, 2020-2027 (USD Million)

Figure 22 RoW: Electric Car Rental Market Share (%), 2020

Figure 23 RoW: Electric Car Rental Market, by Region, 2020-2027 (USD Million)