Market Share of China Vehicle Rental Industry
The Chinese vehicle rental market is significantly fragmented, with more than 100 companies having a fleet size of less than 50. The companies try to enjoy a competitive advantage over others by providing a wide range of services.
Chained operators with nationwide coverage are expected to outperform other regional players considerably due to the variety of fleets they can offer with the convenient services provided by these dominant players. Mergers and acquisitions are expected to be rampant, causing small players to strategically merge or exit the market over the forecast period, with market share concentrated among the leading players only.
China Vehicle Rental Market Leaders
-
Avis Budget Group, Inc.
-
The Hertz Corporation
-
eHi Car Service (Enterprise Holdings)
-
Shouqi Car rental (Europcar Mobility Group)
*Disclaimer: Major Players sorted in no particular order
