Wind Turbine Operations And Maintenance Market Is Expected To Witness A Growth At A CAGR Of 11.1% From 2017 To 2025

Global Wind Turbine Operations And Maintenance Market is expected to reach USD 20.3 billion by 2025, according to a new report by Grand View Research, Inc. Rising focus to minimize environmental impact in the power generation industry, has fueled the wind energy market. 

Exponential rise in wind turbine installation across the globe, especially in Asia Pacific, Europe, and North America is expected to have a positive impact on the industry over the forecast period.

Various components such as blades, gearbox, rotors, generator, yaw, and hydraulic pumps are susceptible to failure and require regular condition monitoring to avoid breakdown. Effective maintenance at regular interval helps to decrease failure rate and thus increases the operational efficiency by reducing downtime. Focus to establish cost effective operations & maintenance is expected to fuel industry growth over the next none years.

Onshore accounted for the largest share of the global market in 2016 and this trend is expected to continue over the forecast period. However, offshore installation is estimated to increase at an unmatched rate, owing to favorable governmental initiatives in China, UK, Germany, Netherlands, Denmark, Japan, and South Korea. This in turn, is predicted to drive the offshore market segment over the next nine years.

Europe held the largest share in 2016, owing to significant installation in countries such as Germany, France, Italy, Spain, Denmark, Netherlands, Belgium, and Sweden. Asia Pacific is expected to grow at a promising rate over the forecast period. The region is estimated to dominate the global market in 2025. Latin America and Middle East & Africa are predicted to create lucrative opportunities over the forecast period.

Full Research Report On Global Wind Turbine Operations And Maintenance Market Analysis:
http://www.grandviewresearch.com/industry-analysis/wind-turbine-operations-maintenance-market

Further key findings from the report suggest:

• The global wind turbine operations & maintenance market was valued at USD 8.08 billion in 2016 and is expected to witness rapid growth from 2017 to 2025 owing to increasing capacity installation across the globe
• Supportive policies to boost the renewable energy sector was one of the key drivers for market growth over the past few years
• Global annual installed capacity increased from 39.06 GW in 2010 to 54.60 GW in 2016. China, the U.S., Germany, India, Brazil, France, Turkey, and the Netherlands were the major contributors for the growth in annual installation.
• Onshore wind turbine operations & maintenance market held an unassailable share of the overall industry revenues and is estimated to reach over USD 18 billion by 2025
• Offshore application segment of the market is expected to rise at a growth rate of 15.2% from 2017 to 2025, owing to the increasing demand as a result of higher energy output
• Asia Pacific is projected to witness significant growth over the forecast period and surpass Europe in terms of market share of the global market by 2025, owing to increasing capacity installations and rising demand from the rapidly-growing population
• Latin America and Middle East & Africa are projected to experience exceptional growth over the forecast period, owing to robust increase in capacity installations
• Key players include Siemens Wind Power GmbH, Suzlon Group, GE Wind Turbine, Enercon GmbH, and Gamesa Corporation. The companies are focusing on extending their services in remote location through implementation of advanced technology

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/renewable-energy

Grand View Research has segmented the Global Wind Turbine Operations And Maintenance Market on the basis of application and region:

Wind Turbine Operations & Maintenance Application Outlook (Revenue, USD Million, 2014 - 2025)

• Onshore
• Offshore

Wind Turbine Operations & Maintenance Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• Denmark
• France
• Netherlands
• Poland
• Portugal
• Spain
• Sweden
• UK
• Ireland
• Italy
• Belgium
• Asia Pacific
• Australia
• China
• India
• Japan
• New Zealand
• South Korea
• Central & South America
• Argentina
• Brazil
• Middle East & Africa
• South Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-wind-turbine-operations-maintenance-market                         

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Breast Imaging Equipment Industry Outlook By Executive Summary, Market Dynamics, Market Segmentation, Market Size And Growth Prospects 2013 - 2024

Global Breast Imaging Equipment Market is expected to reach USD 7.3 billion by 2024, according to a new report by Grand View Research, Inc. The increasing incidences of breast cancer coupled with the continual product improvements being launched and the numerous R&D innovation initiatives being undertaken in the field of cancer are expected to collectively boost the growth of the market over the forecast period.

In 2012, the WHO estimated that around 53.0% of the global women population (1.8 billion women) is anticipated to suffer from breast cancer over their lifespan. This alarmingly rising rate is expected to be the preliminary driver for this market over the forecast period.

The rising base of the geriatric population is another high impact rendering driver of the breast imaging market. A study by the NCBI (National Center for Biotechnology Information) stated that the incidence of breast cancer is higher in patients above the age group of 45.

Increasing expenditure on R&D coupled with government funding are the other vital factors expected to trigger market growth over the forecast period. In 2013, the National Institute of Health, in the U.S. provided a grant amounting to USD 5.6 billion to conduct research on breast cancer. Digital mammography is one of the technologies gaining popularity as compared to other technologies, which is expected to positively reinforce this market’s growth.

However, the high cost of the existing imaging systems coupled with the stringent regulatory policies governing the approval of new products and marketing are predicted to slowdown growth.

Full Research Report On Global Breast Imaging Equipment Market Analysis: http://www.grandviewresearch.com/industry-analysis/breast-imaging-equipment-market

Further key findings from the study suggest:

• The 3D tomo synthesis segment is identified as the fastest growing segment. This technology offers enhanced efficiency and higher diagnostic accuracy in comparison to other available technologies, which is expected to aid market growth.
• North America is likely to dominate throughout the forecast period with a revenue share of over 30.0% by 2024.Government initiatives including the precision medicine initiative, started by President Obama in 2015, promotes the development of personalized medicine, which is anticipated to foster market growth.
• Asia Pacific is anticipated to grow at the fastest rate of12.0% over the forecast period. The Increasing number of investments in the healthcare sector coupled with the rising awareness of breast cancer and other associated conditions is anticipated to propel the market growth in this region.
• Some major players of the market are Siemens Healthcare, GE Healthcare, Dilon Technologies, Inc., Hologic, Inc., Gamma Medica, Inc., Fujifilm Holdings Corporation, SonoCine, Inc., Philips Healthcare, Toshiba Corporation, and Aurora Imaging Technology, Inc.
• In order to gain a competitive advantage in the market, the key industry players are adhering to mergers, acquisitions and collaborative agreements. For instance, in January 2016, Gamma Medica, Inc. entered into a contract with Alpha Imaging Technology Corp. for the commercialization of its new product, Luma GEM.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-imaging 

Grand View Research has segmented Global Breast Imaging Equipment Market on the basis of technology and region.

Global Breast Imaging Equipment Market Technology Outlook (Revenue, USD Million, 2013 – 2024)

• Ionizing technology
• Full-Field Digital Mammography
• Analog Mammography
• Positron Emission Mammography
• Electrical Impedance Tomography
• Cone Beam Computed Tomography
• Positron Emission Tomography & Computed Tomography
• 3D Breast Tomosynthesis
• Molecular breast imaging/breast-specific gamma imaging (MBI/BSGI)
• Non-ionizing technology
• Breast MRI
• Breast Thermography
• Breast Ultrasound
• Optical Imaging
• Automated Whole-Breast Ultrasound

Breast Imaging Equipment Market Regional Outlook (Revenue, USD Million, 2013 – 2024)

North America

• U.S.
• Canada

Europe

• UK
• Germany

Asia Pacific

• Japan
• China

Latin America

• Brazil
• Argentina

MEA

• South Africa
• Saudi Arabia
  
  

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-breast-imaging-equipment                    

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Fluoropolymer Films Market Is Estimated To Grow At A CAGR Of 7.5% During Forecast Period 2014-2025

Global Fluoropolymer Films Market is expected to reach USD 2.17 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand from various application industries is a key factor driving the market growth. In addition, robust growth in the construction sector, especially in Asia Pacific is further fueling the demand over the forecast period.

Fluoropolymer films are widely used in different application industries including construction, aerospace, automotive, packaging, electronics, and electrical. Furthermore, it is widely used as a raw material in the production of automobile parts, electronic components, machines, and semiconductors owing to its precipitation capabilities. 

In terms of revenue, polyvinylidene fluoride (PVDF) accounted as the largest type segment in 2016 and is expected to continue its trend with a CAGR of 7.6% from 2017 to 2025. It is highly non-reactive thermoplastic fluoropolymer used where high purity and resistance-to-solvents is required.

The demand for fluoropolymer films is anticipated to increase on account of growth in various application industries, especially construction. It is widely used in construction sector on windows and doors for security and safety applications. Moreover, it holds superior light and temperature control, aesthetic appearance and protection from UV rays. These factors are anticipated to contribute to healthy growth of market over the coming years.

Full Research Report on Global Fluoropolymer Films Market Analysis:
http://www.grandviewresearch.com/industry-analysis/fluoropolymer-films-market

Further key findings from the report suggest:

• Packaging segment will experience healthy growth in terms of value at a CAGR of 7.5% from 2017 to 2025 on account of its precipitation capabilities and performance through value added lamination & coatings
• Polyvinyl fluoride (PVF) emerged as the fastest growing type segment in terms of revenue in 2016 and is estimated to reach USD 551.9 million by 2025. Global fluoropolymer films in fluorinated ethylene propylene segment was USD 156.6 million in 2016 and is anticipated to experience healthy growth over the years ahead
• The U.S. fluoropolymer films market in terms of revenue was USD 268.4 million in 2016 and is expected to grow a rate of 8.5% from 2017-2025. Continuous economic development and increasing capital spending in the country is anticipated to boost demand for fluoropolymer films over the forecast period
• Key players including E. I. du Pont de Nemours and Company, Chemours Company, The 3M Company, Saint-Gobain S.A., The Dow Chemical Company, Solvay S.A. and Evonik Industries dominated the global market

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

Grand View Research has segmented the Global Fluoropolymer Films Market on the basis of type, application and region:

Fluoropolymer Films Type Outlook (Volume, Tons, Revenue, USD Million, 2014 - 2025)

• Polytetrafluoroethylene
• Polyvinyl Fluoride
• Polyvinylidene Fluoride
• Fluorinated Ethylene Propylene
• Others

Fluoropolymer Films Application Outlook (Volume, Tons, Revenue, USD Million, 2014 - 2025)

• Construction
• Automotive & Aerospace
• Electronics & Electrical
• Packaging
• Others

Fluoropolymer Films Regional Outlook (Volume, Tons, Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa 

View Blog On this research report by Grand View Research: http://www.grandviewresearch.com/blog/fluoropolymer-films-market-size-share                         

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Carbon Nanotubes Market Demand Is Estimated To Growing At A CAGR Of Over 18% From 2015 To 2020

Global Carbon Nanotubes (CNT) Market is expected to reach USD 3.42 billion by 2022, according to a new study by Grand View Research, Inc. Increasing application scope of CNT in end-use industries including polymers, electronics, energy, marine, aerospace and automotive is anticipated to drive market growth over the forecast period. Government of China, Japan, U.S. and India have increased funding aimed at promoting nanotechnology at domestic level which is expected to open new avenues for CNT market over the next seven years.

Polymers were the largest application segment, accounting for over 60% of global CNT market volume in 2014. CNT are increasingly being fortified in polymers such as composites and plastic derivatives for improving electrical, thermal and mechanical strength of the end product. Growing application of polymers in construction, automotive and consumer goods industry is anticipated to have a positive impact on CNT market over the forecast period.

Full Research Report On Global Carbon Nanotubes (CNT) Market Analysis: http://www.grandviewresearch.com/industry-analysis/carbon-nanotubes-cnt-market

Further key findings from the study suggest:

• Global CNT market demand was stood at 5,064.1 tons in 2014 and is anticipated to exceed 20,000 tons by 2022, growing at a CAGR of over 18% from 2015 to 2020.
• Multi walled carbon nanotubes (MWCNT) was the largest product segment, accounting for majority market volume in 2014. Lower price in comparison to other CNT products is expected to promote market growth.
• Asia Pacific was the largest CNT market, accounting for over 40% of global volume in 2014. Growing plastic and composite industries in China and India on account of increasing domestic demand coupled with low manufacturing cost as compared to North America and countries of EU is anticipated to augment CNT market. Positive electronics industry outlook in China, South Korea, Singapore, Taiwan and Japan is expected to significantly impact CNT market over the next seven years.
• Global CNT market was dominated by four companies, Showa Denko, Nanocyl, CNano Technology and Future Carbon, accounting for the lions share in 2014. Product innovation through increased R&D expenditure is anticipated to remain a key critical success factor for CNT market over the forecast period. High manufacturing cost is expected to remain a key challenge for CNT market players.

View all Related Reports from same Category: 

http://www.grandviewresearch.com/industry/nanoparticles

For the purpose of this study, Grand View Research has segmented the Global Carbon Nanotubes Market (CNT) Market on the basis of application and region:

Global CNT Product Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• Single Walled Carbon Nanotubes (SWCNT)
• Multi Walled Carbon Nanotubes (MWCNT)

Global CNT Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• Polymers
• Energy
• Electrical & Electronics
• Others

Global CNT Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• Brazil
• China
• Japan
• Latin America
• Asia Pacific
• MEA

View Press Release Of This Research Report By Grand View Research: 

http://www.grandviewresearch.com/press-release/carbon-nanotubes-market    

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com 

Carbon Capture And Storage (CCS) Market Is Estimated To Grow At A CAGR Of 6% From 2016 To 2025

Global Carbon Capture And Storage (CCS) Market value is anticipated to exceed USD 8.75 billion by 2025, according to a new report by Grand View Research, Inc. The rising global energy demand along with the growing awareness towards reducing carbon dioxide emissions in most of the industrial economies is anticipated to drive the CCS market.

Currently, meaningful industrial CO₂ capture is required particularly in the power sector. The increasing adoption of gas injection techniques for enhanced oil recovery (EOR) across several matured petroleum reserves globally is expected to be one of the key factors driving CCS demand.

Enhanced oil recovery (EOR) is expected to account for the highest demand with a net worth estimated to reach over 6.18 billion by 2025. Prevalence of factors such as depleting oil reserves globally coupled with heavy dependence on crude oil imports mainly in the Asia Pacific region is anticipated to be one of the major reasons driving the demand for EOR activities globally.

CCS requirement in high purity industrial applications such as natural gas processing, coal-to-liquid (CTL), ammonia, and hydrogen production facilities holds immense potential for project demonstration. The segment is estimated to witness the fastest growth in terms volume of CO₂ captured. Carbon capture and storage demand in the industrial sector is expected to grow at a CAGR of 6.2% from 2016 to 2025.

Full Research Report On Global Carbon Capture And Storage (CCS) Market Analysis: http://www.grandviewresearch.com/industry-analysis/carbon-capture-storage-ccs-market

Further key findings from the report suggest:

• The global CCS demand exceeded 61 million tons in 2015 and is estimated to grow at a CAGR of 6% from 2016 to 2025
• Post-combustion capture technology is anticipated to grow at the highest CAGR of 15.6% from 2016 to 2025
• Pre-combustion capture technology demand in the U.S. is estimated to exceed a total volume of 80 million tons by 2025
• Stringent regulatory framework for cleaner environment coupled with increasing CO₂ injection      EOR technique in most of the depleted hydrocarbon basins are expected to be the major factors driving demand in North America
• The Asia Pacific carbon capture and storage industry is expected to grow at the highest CAGR of 9.7% from 2016 to 2024.
• Key players include Shell CANSLV, AkerSolutions, Statoil, Linde Engineering, Mitsubishi Heavy Industries and Sulzer
• ACTL with North West Sturgeon Refinery CO2 Stream in Canada, Future Gen 2.0 Project in U.S.A, Preheat CCS & Don Valley Power Projects in UK are some of the upcoming projects over the next few years

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/construction-and-utilities 

Grand View Research has segmented the Carbon Capture and Storage Market on the basis of application, capture technology, and region:

Carbon Capture and Storage (CCS) Application Outlook (Volume, Kilo Tons, USD Million, 2014 - 2025)

• Enhanced Oil Recovery (EOR)
• Industrial
• Agriculture

Carbon Capture and Storage (CCS) Capture Technology Outlook (Volume, Kilo Tons, USD Million, 2014 - 2025)

• Pre-Combustion
• Industrial separation
• Oxy-fuel
• Post-combustion

Carbon Capture and Storage (CCS) Regional Outlook (Volume, Kilo Tons, USD Million, 2014 - 2025)

North America

• U.S.
• Canada
• Mexico

Europe

• UK
• Norway
• Netherlands

Asia Pacific

• China
• Japan

Central & South America

• Brazil

Middle east and Africa

• Saudi Arabia
• U.A.E

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-carbon-capture-storage-ccs-market     

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information, visit us: www.grandviewresearch.com

1, 3 Butadiene Market Analysis By Application, Bio-based Opportunities And Segment Forecasts Up To 2020

Global 1, 3 Butadiene (BD) Market is expected to reach USD 33.01 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for tires (both OEM and replacement) on account of an upturn in the automotive industry, particularly in China, India and Brazil, is expected to remain a key driving factor for the global market. In addition, growing demand for ABS on account of increasing demand for high performance plastics from automotive industry is also expected to have a positive influence on the global market. Volatile raw material prices coupled with stringent regulatory scenario is expected to remain key challenges for market participants. In order to overcome such challenges, industry has shifted its focus towards developing bio-based routes to manufacture 1,3 butadiene.

Butadiene rubber emerged as the leading application segment for BD and accounted for 30.8% of total market volume in 2013. More than two third of butadiene rubber goes for manufacturing tires, thus global tire industry dynamics are a key factor for the growth of this market. HMDA (hexamethylenediamine) is expected to be the fastest growing application market for BD, at an estimated CAGR of 6.8% from 2014 to 2020. Growing demand for nylon 66 resin in major end-use industries such as automotive and electronics is expected to fuel the demand for BD in HMDA.

Full Research Report On Global 1, 3 Butadiene Market Analysis:
http://www.grandviewresearch.com/industry-analysis/butadiene-market

Further key findings from the study suggest:

• Global BD market volume was 10,500 kilo tons in 2013 and is expected to reach 14,179.9 kilo tons by 2020, growing at a CAGR of 4.4% from 2014 to 2020.

• Asia Pacific emerged as the largest regional market for BD and accounted for 53.6% of total market volume in 2013. Growth of automotive industry particularly in emerging markets of China and India is expected to remain a key driving factor for the regional market. Asia Pacific is expected to grow at a CAGR of 5.5% from 2014 to 2020.

• Growth of major end-use industries such as automotive and construction in Latin America and Middle East is expected to push BD demand for these regions to grow at an estimated CAGR of 8% from 2014 to 2020.

• Naphtha remained the primary petrochemical feedstock for the production of BD. However, emergence of coal based ammonia and methanol facilities in Asia is expected to provide alternative sources for the production of 1,3 butadiene..

• The global market is moderately concentrated with the top four companies including Dow Chemical Company, Shell, Lyondell Basell and Shanxi Sanwei accounting for over 55% of the global market in 2013. Other companies in the market include XioJiang Markor, Sinopec and TPC Group, Inc.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives

For the purpose of this study, Grand View Research has segmented the 1,3 butadiene market on the basis of application and region:

    • Global 1,3 Butadiene Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Butadiene Rubber
            • Acrylonitrile Butadiene Styrene Resins (ABS)
            • Styrene Butadiene Rubber (SBR)
            • SB Latex
            • Nitrile Butadiene Rubber (NBR)
            • Hexamethylenediamine (HMDA)
            • Others
    • Global 1,3 Butadiene Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)            • North America
            • Europe
            • Asia Pacific
            • RoW

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-butadiene-market       

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Car Rental Market Analysis By Vehicle Type, Application And Segment Forecast 2013-2024

Global Car Rental Market is expected to witness a substantial growth over the forecast period, reaching USD 119.56 billion by 2024, according to a new report by Grand View Research, Inc. The industry is primarily driven by the growth as well as expansion of the global travel and tourism industry. There has been a significant increase in the number of business and leisure trips worldwide over the past few years.

The advent of online rental portals has helped shape the dynamics of the car rental industry. Growing usage of smartphones and tablets has helped customers to book and reserve cars from anywhere at any point of time. Major players, such as Enterprise Rent-A-Car and Avis Budget Group, are now focusing on developing smartphone applications and optimizing their customer-friendly websites to facilitate quick and convenient bookings.

However, compliance with stringent vehicle emission regulations is expected to challenge the demand for these services across the world. In addition to this, the instability in crudeoil prices and growing demand for publictransportation are presumed to challenge the growth to some degree over the forecast period.

Full Research Report On Global Car Rental Market Analysis:

http://www.grandviewresearch.com/industry-analysis/car-rental-market-analysis-market

Further key findings from the report suggest:

• An emerging trend in the travel and tourism industry which is gaining immense popularity is the evolution of “Bleisure”, which refers to a combination of leisure travel with business trips. The growth in this trend is presumed to propel the demand for car rentals among businesses as well as leisure travelers.
• Executive cars are expected to witness a considerable growth with an estimated CAGR of close to 7% from 2016 to 2024. Swift globalization culminating into increased business trips across the globe is the primary factor propelling the growth of these cars in the near future.
• In terms of application, airport transport dominated the overall industry share in 2015 and is presumed to retain its dominance over the next eight years. Rapid globalization has resulted in a significant increase in the number of air travelers across the globe, which, in turn, has bolstered the growth prospects of the industry.
• The Asia Pacific market was valued at over USD 12 billion in 2015 and is presumed to witness a substantial growth over the forecast period. The significant regional growth prospects can be attributed to the rising economic development, enhanced road and infrastructure facilities, and growth in tourism over the forecast period.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the Car Rental Market on the basis of vehicle type, application, and region.

Car Rental Vehicle Type Outlook (USD Billion) 2013 - 2024

• Luxury Cars
• Executive Cars
• Economy Cars
• SUVs
• MUVs

Car Rental Application Outlook (USD Billion) 2013 - 2024

• Local Usage
• Airport Transport
• Outstation
• Others

Car Rental Regional Outlook (USD Billion) 2013 - 2024

North America

• U.S.

Europe

• France
• Germany
• UK

Asia Pacific

• Japan
• Korea
• China
• India

South America

MEA

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-car-rental-market   

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com