Which three companies in the US dominate the car rental business?
The United States vehicle rental market is majorly dominated by Avis Budget Group, Enterprise Rent-A-Car and Hertz Global Holdings Inc.
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Founded in the USA in 1957, Enterprise is the world's largest car rental company, serving globally, with almost 10.000 offices in almost 100 countries.
United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,465 rental locations in North America, 14 in Europe, 27 in Australia and 19 in New Zealand. In North America, the company operates in 49 states and every Canadian province.
The market size, measured by revenue, of the Car Rental industry was $71.3bn in 2022. What was the growth rate of the Car Rental industry in the US in 2022? The market size of the Car Rental industry increased 9.6% in 2022.