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Stock impact report

Truck Rental Market to Grow by USD 40 Billion (2024-2028) as Fleet Operators Face Cost Pressure, AI Impact on Trends - Technavio Report [Yahoo! Finance]

Avis Budget Group, Inc. (CAR) 
Last avis budget group, inc. earnings: 2/19 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avisbudgetgroup.com
Company Research Source: Yahoo! Finance
rental market size is estimated to grow by USD 40 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.83% during the forecast period. Mounting cost pressure on fleet operators is driving market growth, with a trend towards emergence of truck platooning. However, the emergence of truck sharing poses a challenge. Key market players include Advantage Car and Truck Rentals Ltd., Avis Budget Group Inc., EASY RENT truck and trailer GmbH, Element Fleet Management Corp., Enterprise Holdings Inc., Europcar Group UK Ltd., GoTranspose Inc., Hertz Holdings Inc., Imperial Logistics Ltd, Mercedes Benz Group AG, NL Commercials Holdings Ltd., PACCAR Inc., Pan Pacific Van and Truck Leasing Pte Ltd., Penske Automotive Group Inc., Ryder System Inc., SIXT SE , The Larson Group, TruckGuru LLP, TruKKer Holding, U Haul International Inc., and United Rentals Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth Show less Read more
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