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Car Rental In Singapore
Published on: Jan 2017 | From USD $350 | Published By: MARKETLINE REPORTS | Number Of Pages: 33
Car Rental in Singapore
Car Rental in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in Singapore
- Leading company profiles reveal details of key car rental market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore car rental market with five year forecasts by both value and volume
Essential resource for top-line data and analysis covering the Singapore car rental market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons To Buy
- What was the size of the Singapore car rental market by value in 2016?
- What will be the size of the Singapore car rental market in 2021?
- What factors are affecting the strength of competition in the Singapore car rental market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's car rental market?
The car rental market is defined as revenues generated by car rental companies for self-drive cars for hire. The market value is mainly made up car rentals for business and leisure purposes. Other includes insurance rentals and replacements. Market volumes represent the size of the rental car fleet within the respective countries. Any currency conversions used in the creation of this report were calculated using constant 2015 annual average exchange rates.
The Singaporean car rental industry is expected to generate total revenues of $123.1m in 2016, representing a compound annual growth rate (CAGR) of 7.4% between 2012 and 2016.
Having a presence within this industry for a prolonged period means that economies of scale become very important for its players.
Industry consumption volume is forecast to increase with a CAGR of 6.5% between 2012-2016, to reach a total of 7.2 thousand fleet size in 2016.
Market value forecast
Market volume forecast
Market value forecast
Market volume forecast
Five Forces Analysis
Threat of substitutes
Degree of rivalry
Ace Drive Pte Ltd.
Avis Budget Group, Inc.
Related MarketLine research
Figure 1: Singapore car rental market value: $ million, 2012-16(e)
Figure 2: Singapore car rental market volume: thousand fleet size, 2012-16(e)
Figure 3: Singapore car rental market category segmentation: % share, by value, 2016(e)
Figure 4: Singapore car rental market geography segmentation: % share, by value, 2016(e)
Figure 5: Singapore car rental market value forecast: $ million, 2016-21
Figure 6: Singapore car rental market volume forecast: thousand fleet size, 2016-21
Figure 7: Forces driving competition in the car rental market in Singapore, 2016
Figure 8: Drivers of buyer power in the car rental market in Singapore, 2016
Figure 9: Drivers of supplier power in the car rental market in Singapore, 2016
Figure 10: Factors influencing the likelihood of new entrants in the car rental market in Singapore, 2016
Figure 11: Factors influencing the threat of substitutes in the car rental market in Singapore, 2016
Figure 12: Drivers of degree of rivalry in the car rental market in Singapore, 2016
Figure 13: Avis Budget Group, Inc.: revenues and profitability
Figure 14: Avis Budget Group, Inc.: assets and liabilities
Figure 15: Sixt SE: revenues and profitability
Figure 16: Sixt SE: assets and liabilities
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
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