Market Overview Of The Small Electric Vehicle Rental Market

The global small electric vehicle rental market size is expected to grow from USD 3.2 billion in 2022 to USD 9.26 billion by 2030, at a CAGR of 14.2% during the forecast period.

Small Electric Vehicle Rental enables better vehicle utilization while being professionally managed in dedicated fleet management setups. With the introduction of electric vehicles, IoT (Internet of Things) devices, and electronic payments, rental companies can now provide a complete solution to customers, eliminating the need for insurance, repairs, and maintenance. Electric motors are more environmentally friendly and quieter than internal combustion or hybrid engines. Driving an electric car means, above all, significantly lower exhaust emissions, allowing us to protect the environment without sacrificing the convenience of car transportation. Electric cars for rent are thus an excellent option for environmentally conscious individuals who do not want to pollute the environment while driving. Many cities have implemented green zones, which prohibit the use of vehicles that emit exhaust fumes. Because electric vehicles are exempt from such restrictions, they can be driven in environmentally sensitive areas. Clean Transport Zones are such areas. There are currently fewer of them in Poland than elsewhere, and law enforcement is met with strong opposition from drivers of internal combustion vehicles, but many cities have stated that they intend to implement such zones in the near future.

 Market Dynamics And Factors Of The Small Electric Vehicle Rental Market

Drivers:

• New Trend Of Rental Commodities Among Large Pollution

Restraints:

• Lesser Cost Effective For Long Term Rentals

Opportunities:

• Commercial Sector Presents Growth Opportunity

COVID-19 Impact On The Small Electric Vehicle Rental Market

COVID-19's effects have significantly altered the business environment for 2020 and had a detrimental effect on both production and sales across the board for the automobile industry. The COVID-19 epidemic caused a significant blow to the global economy. Global sales of electric vehicles were, on average, 15% lower in the first half of 2020 than in 2019. The growth of the Small Electric Vehicle Rental business was adversely impacted by the drop in electric car sales. However, it is anticipated that future market acceptance would be favored by the economic recovery and governments gradually removing lockup restrictions.

Key Players For The Small Electric Vehicle Rental Market

• SIXT
• ER Travel Services Ltd.
• Europcar Mobility Group SA
• Fleetdrive Management Ltd.
• Green Motion International
• Avis Budget Group Inc
• BlueIndy LLC
• Enterprise Holdings Inc.
• The Hertz Corporation
• Wattacars and other major key players.

Key Industry Developments In The Small Electric Vehicle Rental Market

June 2021, SIXT has added a new electric vehicle, the Volvo Recharge, to its fleet of pure-electric and plug-in hybrid vehicles for rental in the United Kingdom.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Vehicle Type
 3.2 By Category
 3.3 By Rental Length

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Small Electric Vehicle Rental Market by Vehicle Type
 5.1 Small Electric Vehicle Rental Market Overview Snapshot and Growth Engine
 5.2 Small Electric Vehicle Rental Market Overview
 5.3 Battery
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Battery: Geographic Segmentation
 5.4 Hybrid
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Hybrid: Geographic Segmentation
 5.5 Plug-In Electric Vehicle
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Plug-In Electric Vehicle: Geographic Segmentation

Chapter 6: Small Electric Vehicle Rental Market by Category
 6.1 Small Electric Vehicle Rental Market Overview Snapshot and Growth Engine
 6.2 Small Electric Vehicle Rental Market Overview
 6.3 Luxury
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Luxury: Geographic Segmentation
 6.4 Economy Cars
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Economy Cars: Geographic Segmentation

Chapter 7: Small Electric Vehicle Rental Market by Rental Length
 7.1 Small Electric Vehicle Rental Market Overview Snapshot and Growth Engine
 7.2 Small Electric Vehicle Rental Market Overview
 7.3 Short Term
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Short Term: Geographic Segmentation
 7.4 Long Term
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Long Term: Geographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Positioning
  8.1.2 Small Electric Vehicle Rental Sales and Market Share By Players
  8.1.3 Industry BCG Matrix
  8.1.4 Heat Map Analysis
  8.1.5 Small Electric Vehicle Rental Industry Concentration Ratio (CR5 and HHI)
  8.1.6 Top 5 Small Electric Vehicle Rental Players Market Share
  8.1.7 Mergers and Acquisitions
  8.1.8 Business Strategies By Top Players
 8.2 SIXT
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Operating Business Segments
  8.2.5 Product Portfolio
  8.2.6 Business Performance
  8.2.7 Key Strategic Moves and Recent Developments
  8.2.8 SWOT Analysis
 8.3 ER TRAVEL SERVICES LTD
 8.4 EUROPCAR MOBILITY GROUP SA
 8.5 FLEETDRIVE MANAGEMENT LTD
 8.6 GREEN MOTION INTERNATIONAL
 8.7 AVIS BUDGET GROUP INC
 8.8 BLUEINDY LLC
 8.9 ENTERPRISE HOLDINGS INC
 8.10 THE HERTZ CORPORATION
 8.11 WATTACARS
 8.12 OTHER MAJOR PLAYERS

Chapter 9: Global Small Electric Vehicle Rental Market Analysis, Insights and Forecast, 2016-2028
 9.1 Market Overview
 9.2 Historic and Forecasted Market Size By Vehicle Type
  9.2.1 Battery
  9.2.2 Hybrid
  9.2.3 Plug-In Electric Vehicle
 9.3 Historic and Forecasted Market Size By Category
  9.3.1 Luxury
  9.3.2 Economy Cars
 9.4 Historic and Forecasted Market Size By Rental Length
  9.4.1 Short Term
  9.4.2 Long Term

Chapter 10: North America Small Electric Vehicle Rental Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Vehicle Type
  10.4.1 Battery
  10.4.2 Hybrid
  10.4.3 Plug-In Electric Vehicle
 10.5 Historic and Forecasted Market Size By Category
  10.5.1 Luxury
  10.5.2 Economy Cars
 10.6 Historic and Forecasted Market Size By Rental Length
  10.6.1 Short Term
  10.6.2 Long Term
 10.7 Historic and Forecast Market Size by Country
  10.7.1 U.S.
  10.7.2 Canada
  10.7.3 Mexico

Chapter 11: Europe Small Electric Vehicle Rental Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Vehicle Type
  11.4.1 Battery
  11.4.2 Hybrid
  11.4.3 Plug-In Electric Vehicle
 11.5 Historic and Forecasted Market Size By Category
  11.5.1 Luxury
  11.5.2 Economy Cars
 11.6 Historic and Forecasted Market Size By Rental Length
  11.6.1 Short Term
  11.6.2 Long Term
 11.7 Historic and Forecast Market Size by Country
  11.7.1 Germany
  11.7.2 U.K.
  11.7.3 France
  11.7.4 Italy
  11.7.5 Russia
  11.7.6 Spain
  11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Small Electric Vehicle Rental Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Vehicle Type
  12.4.1 Battery
  12.4.2 Hybrid
  12.4.3 Plug-In Electric Vehicle
 12.5 Historic and Forecasted Market Size By Category
  12.5.1 Luxury
  12.5.2 Economy Cars
 12.6 Historic and Forecasted Market Size By Rental Length
  12.6.1 Short Term
  12.6.2 Long Term
 12.7 Historic and Forecast Market Size by Country
  12.7.1 China
  12.7.2 India
  12.7.3 Japan
  12.7.4 Singapore
  12.7.5 Australia
  12.7.6 New Zealand
  12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Small Electric Vehicle Rental Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Vehicle Type
  13.4.1 Battery
  13.4.2 Hybrid
  13.4.3 Plug-In Electric Vehicle
 13.5 Historic and Forecasted Market Size By Category
  13.5.1 Luxury
  13.5.2 Economy Cars
 13.6 Historic and Forecasted Market Size By Rental Length
  13.6.1 Short Term
  13.6.2 Long Term
 13.7 Historic and Forecast Market Size by Country
  13.7.1 Turkey
  13.7.2 Saudi Arabia
  13.7.3 Iran
  13.7.4 UAE
  13.7.5 Africa
  13.7.6 Rest of MEA

Chapter 14: South America Small Electric Vehicle Rental Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Vehicle Type
  14.4.1 Battery
  14.4.2 Hybrid
  14.4.3 Plug-In Electric Vehicle
 14.5 Historic and Forecasted Market Size By Category
  14.5.1 Luxury
  14.5.2 Economy Cars
 14.6 Historic and Forecasted Market Size By Rental Length
  14.6.1 Short Term
  14.6.2 Long Term
 14.7 Historic and Forecast Market Size by Country
  14.7.1 Brazil
  14.7.2 Argentina
  14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. SMALL ELECTRIC VEHICLE RENTAL MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. SMALL ELECTRIC VEHICLE RENTAL MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. SMALL ELECTRIC VEHICLE RENTAL MARKET COMPETITIVE RIVALRY
TABLE 005. SMALL ELECTRIC VEHICLE RENTAL MARKET THREAT OF NEW ENTRANTS
TABLE 006. SMALL ELECTRIC VEHICLE RENTAL MARKET THREAT OF SUBSTITUTES
TABLE 007. SMALL ELECTRIC VEHICLE RENTAL MARKET BY VEHICLE TYPE
TABLE 008. BATTERY MARKET OVERVIEW (2016-2028)
TABLE 009. HYBRID MARKET OVERVIEW (2016-2028)
TABLE 010. PLUG-IN ELECTRIC VEHICLE MARKET OVERVIEW (2016-2028)
TABLE 011. SMALL ELECTRIC VEHICLE RENTAL MARKET BY CATEGORY
TABLE 012. LUXURY MARKET OVERVIEW (2016-2028)
TABLE 013. ECONOMY CARS MARKET OVERVIEW (2016-2028)
TABLE 014. SMALL ELECTRIC VEHICLE RENTAL MARKET BY RENTAL LENGTH
TABLE 015. SHORT TERM MARKET OVERVIEW (2016-2028)
TABLE 016. LONG TERM MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA SMALL ELECTRIC VEHICLE RENTAL MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 018. NORTH AMERICA SMALL ELECTRIC VEHICLE RENTAL MARKET, BY CATEGORY (2016-2028)
TABLE 019. NORTH AMERICA SMALL ELECTRIC VEHICLE RENTAL MARKET, BY RENTAL LENGTH (2016-2028)
TABLE 020. N SMALL ELECTRIC VEHICLE RENTAL MARKET, BY COUNTRY (2016-2028)
TABLE 021. EUROPE SMALL ELECTRIC VEHICLE RENTAL MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 022. EUROPE SMALL ELECTRIC VEHICLE RENTAL MARKET, BY CATEGORY (2016-2028)
TABLE 023. EUROPE SMALL ELECTRIC VEHICLE RENTAL MARKET, BY RENTAL LENGTH (2016-2028)
TABLE 024. SMALL ELECTRIC VEHICLE RENTAL MARKET, BY COUNTRY (2016-2028)
TABLE 025. ASIA PACIFIC SMALL ELECTRIC VEHICLE RENTAL MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 026. ASIA PACIFIC SMALL ELECTRIC VEHICLE RENTAL MARKET, BY CATEGORY (2016-2028)
TABLE 027. ASIA PACIFIC SMALL ELECTRIC VEHICLE RENTAL MARKET, BY RENTAL LENGTH (2016-2028)
TABLE 028. SMALL ELECTRIC VEHICLE RENTAL MARKET, BY COUNTRY (2016-2028)
TABLE 029. MIDDLE EAST & AFRICA SMALL ELECTRIC VEHICLE RENTAL MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA SMALL ELECTRIC VEHICLE RENTAL MARKET, BY CATEGORY (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA SMALL ELECTRIC VEHICLE RENTAL MARKET, BY RENTAL LENGTH (2016-2028)
TABLE 032. SMALL ELECTRIC VEHICLE RENTAL MARKET, BY COUNTRY (2016-2028)
TABLE 033. SOUTH AMERICA SMALL ELECTRIC VEHICLE RENTAL MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 034. SOUTH AMERICA SMALL ELECTRIC VEHICLE RENTAL MARKET, BY CATEGORY (2016-2028)
TABLE 035. SOUTH AMERICA SMALL ELECTRIC VEHICLE RENTAL MARKET, BY RENTAL LENGTH (2016-2028)
TABLE 036. SMALL ELECTRIC VEHICLE RENTAL MARKET, BY COUNTRY (2016-2028)
TABLE 037. SIXT: SNAPSHOT
TABLE 038. SIXT: BUSINESS PERFORMANCE
TABLE 039. SIXT: PRODUCT PORTFOLIO
TABLE 040. SIXT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. ER TRAVEL SERVICES LTD: SNAPSHOT
TABLE 041. ER TRAVEL SERVICES LTD: BUSINESS PERFORMANCE
TABLE 042. ER TRAVEL SERVICES LTD: PRODUCT PORTFOLIO
TABLE 043. ER TRAVEL SERVICES LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. EUROPCAR MOBILITY GROUP SA: SNAPSHOT
TABLE 044. EUROPCAR MOBILITY GROUP SA: BUSINESS PERFORMANCE
TABLE 045. EUROPCAR MOBILITY GROUP SA: PRODUCT PORTFOLIO
TABLE 046. EUROPCAR MOBILITY GROUP SA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. FLEETDRIVE MANAGEMENT LTD: SNAPSHOT
TABLE 047. FLEETDRIVE MANAGEMENT LTD: BUSINESS PERFORMANCE
TABLE 048. FLEETDRIVE MANAGEMENT LTD: PRODUCT PORTFOLIO
TABLE 049. FLEETDRIVE MANAGEMENT LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. GREEN MOTION INTERNATIONAL: SNAPSHOT
TABLE 050. GREEN MOTION INTERNATIONAL: BUSINESS PERFORMANCE
TABLE 051. GREEN MOTION INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 052. GREEN MOTION INTERNATIONAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. AVIS BUDGET GROUP INC: SNAPSHOT
TABLE 053. AVIS BUDGET GROUP INC: BUSINESS PERFORMANCE
TABLE 054. AVIS BUDGET GROUP INC: PRODUCT PORTFOLIO
TABLE 055. AVIS BUDGET GROUP INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. BLUEINDY LLC: SNAPSHOT
TABLE 056. BLUEINDY LLC: BUSINESS PERFORMANCE
TABLE 057. BLUEINDY LLC: PRODUCT PORTFOLIO
TABLE 058. BLUEINDY LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. ENTERPRISE HOLDINGS INC: SNAPSHOT
TABLE 059. ENTERPRISE HOLDINGS INC: BUSINESS PERFORMANCE
TABLE 060. ENTERPRISE HOLDINGS INC: PRODUCT PORTFOLIO
TABLE 061. ENTERPRISE HOLDINGS INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. THE HERTZ CORPORATION: SNAPSHOT
TABLE 062. THE HERTZ CORPORATION: BUSINESS PERFORMANCE
TABLE 063. THE HERTZ CORPORATION: PRODUCT PORTFOLIO
TABLE 064. THE HERTZ CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. WATTACARS: SNAPSHOT
TABLE 065. WATTACARS: BUSINESS PERFORMANCE
TABLE 066. WATTACARS: PRODUCT PORTFOLIO
TABLE 067. WATTACARS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 068. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 069. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 070. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. SMALL ELECTRIC VEHICLE RENTAL MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. SMALL ELECTRIC VEHICLE RENTAL MARKET OVERVIEW BY VEHICLE TYPE
FIGURE 012. BATTERY MARKET OVERVIEW (2016-2028)
FIGURE 013. HYBRID MARKET OVERVIEW (2016-2028)
FIGURE 014. PLUG-IN ELECTRIC VEHICLE MARKET OVERVIEW (2016-2028)
FIGURE 015. SMALL ELECTRIC VEHICLE RENTAL MARKET OVERVIEW BY CATEGORY
FIGURE 016. LUXURY MARKET OVERVIEW (2016-2028)
FIGURE 017. ECONOMY CARS MARKET OVERVIEW (2016-2028)
FIGURE 018. SMALL ELECTRIC VEHICLE RENTAL MARKET OVERVIEW BY RENTAL LENGTH
FIGURE 019. SHORT TERM MARKET OVERVIEW (2016-2028)
FIGURE 020. LONG TERM MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA SMALL ELECTRIC VEHICLE RENTAL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE SMALL ELECTRIC VEHICLE RENTAL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC SMALL ELECTRIC VEHICLE RENTAL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA SMALL ELECTRIC VEHICLE RENTAL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA SMALL ELECTRIC VEHICLE RENTAL MARKET OVERVIEW BY COUNTRY (2016-2028)