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(c) AZOTH Analytics March 2016 By Market Segment – Radio Taxi, Corporate Rental, Aggregators and Affilators By Region- North, South, East and West Porter’s Five Force Analysis Competitive Landscape India Car Rental Market: Trends, Opportunities and Forecasts (2016-2021) 1

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Page 1: India Car Rental Market: Trends, Opportunities and … › admin › samplepdf › 19-09-16-07-14...2016/09/19  · India Car Rental Market: Trends, Opportunities and Forecasts (2016-2021)

(c) AZOTH Analytics March 2016

•By Market Segment – Radio Taxi,

Corporate Rental, Aggregators

and Affilators

•By Region- North, South, East and

West

•Porter’s Five Force Analysis

•Competitive Landscape

India Car Rental Market: Trends, Opportunities and

Forecasts (2016-2021)

1

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(c) AZOTH Analytics

Table Of Content

S.No Particulars Page No.

1. Research Methodology 8

2. Executive Summary 10

3. India Car Rental Market Structure 11

4. Market Structure 12

5. India Car Rental Market: An Analysis 16

5.1. India Car Rental Market Size, Growth & Forecast 16

5.1.1. India Car Rental Market , By Value ,2011-2015 ( USD Billion) 17

5. 1.2. India Car Rental Market , By Value ,2016E-2021F ( USD Billion) 22

5.2. India Car Rental Market Share, 2015 & 2021F 23

5.2.1. By Type ( Radio Taxi & Unorganized ) 23

6. India Radio Taxi Market: An Analysis 25

6.1 Indian Radio Taxi Market Size, Growth & Forecast 25

6.1.1. Indian Radio Taxi Market , By Value , 2011-2015 ( USD Billion) 25

6.1.2. Indian Radio Taxi Market , By Value , 2016E-2021F ( USD Billion) 28

6.2 Indian Radio Taxi Market Shares 2015 & 2021F 29

6.2.1. By Region , Actual 2015 29

6.2.2. By Region , Forecast 2021F 29

7 India Corporate Rental Car Unorganized Market : An Analysis 35

7.1 India Corporate Rental Car Market Size , Growth & Forecast 35

2

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(c) AZOTH Analytics

Table of Content

S.No Particulars Page No.

7.1.1. India Corporate Rental Car Market, Unorganized ,By Value , 2011-15 ( USD Billion) 32

7. 1.2. India Corporate Rental Car Market, Unorganized , By Value , 2016E-2021F ( USD Billion) 33

8. India Corporate Car Rental Unorganized Taxi Services Market Overview 34

8.1 India Corporate Car Rental Market , Unorganized , Taxi Services Size, Growth & Forecast

8.1.1. India Corporate Car Rental Unorganized Taxi Services Market , By Value , 2011-2015 ( USD Billion)

34

8.1.2. Indian Corporate Car Rental Market , Unorganized , Taxi Services, By Value, 2016E-2021F(USD Billion)

36

9 North India Corporate Car Rental Market Size , Growth & Forecast 39

9.1 North India Corporate Car Rental Market , By Value , 2011-2015 (USD Billion) 39

9.2 North India Corporate Car Rental Market , By Value , 2016E-2021F ( USD Billion) 40

10 West India Car Rental Market Size , Growth & Forecast 41

10.1 West India Car Rental Market , By Value , 2011-2015 (USD Billion) 41

10.2 West India Corporate Car Rental Market , By Value, 2016E-2021F(USD Billion) 42

11 South India Corporate Car Rental Market Size , Growth & Forecast 43

10.1 South India Car Rental Market , By Value , 2011-2015 (USD Billion) 43

10.2 South India Corporate Car Rental Market , By Value, 2016E-2021F(USD Billion) 44

12 East India Corporate Car Rental Market Size , Growth & Forecast 45

10.1 East India Corporate Car Rental Market , By Value , 2011-2015 (USD Billion) 45

10.2 East India Corporate Car Rental Market , By Value, 2016E-2021F(USD Billion) 46

13 Porter Five Forces Model 52

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(c) AZOTH Analytics

S.No Particulars Page No.

14 SWOT Analysis 54

15 Market Dynamics 55

15.1. Drivers 56

15.2. Challenges 56

15.3. Trends 63

16 Company Profiles 70

16.1. Carzonrent 71

16.2. Just Rid e 79

16.3. Revv 80

16.4. Ola 82

16.5. Uber 86

16.6. Meru Cab 90

16.7. ZoomCar 94

16.8. Savarri 97

17 Strategic Recommendations 98

18 About Us & Disclaimer 102

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(c) AZOTH Analytics

List of Figures

Figure No. Figure Title Page No.

Figure 1: India Car Rental Market Size , By Value, Historic 2011-2015 (USD Billion) 17

Figure 2: India IT Sector, By Value, 2010-2015(USD Billion) 18

Figure 3: India Urbanisation Rate,2010-2014(Millions) 18

Figure 4: India Internet Penetration Rate, 2011-2015 ( in Percentage) 19

Figure 5: Mobile Data Consumption in India 2014-2020 in Percentage 20

Figure 6: India Domestic Travel and Tourism Spend 2009-2015 21

Figure 7: India Car Rental Market Size , By Value, Forecast, 2016-2021F, (USD Billion) 22

Figure 8: India Car Rental Market Size, By Value, By Type, 2015 in percentage 23

Figure 9: India Car Rental Market Size, By Value, By Type, 2021F ( in percentage ) 23

Figure 10: India Radio Taxi Market Size , By Value, Historic 2011-2015 (USD Billion) 26

Figure 11: India Tourist Visits, 2010-2014(Millions) 27

Figure 12: India Smartphone Penetration Rate (%), 2013-2015 27

Figure 13: India Radio Taxi Market Size , By Value, Forecast 2016E-2020F (USD Billion) 29

Figure 14: India Radio Taxi Market Size, By Value, By Region, 2015 ( in percentage ) 30

Figure 15: India Radio Taxi Market Size, By Value, By Region, 2021F( in percentage ) 30

Figure 16: India Radio Taxi Market Size, By Company Share, 2015 ( in percentage) 32

Figure 17: India Radio Taxi Market Size, By Company Share, 2021F ( in percentage) 32

Figure 18: India Corporate Rental Car Market, By Value (2011-2015) in USD Billion 36

Figure 19: India Corporate Rental Car Market, By Value, 2016F-2021F (USD Billion) 37

Figure 20: India Corporate Rental Market, Unorganized ,Taxi Services ,By Value (2011-2015) in USD Billion 38

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(c) AZOTH Analytics

List of Figures

Figure No. Figure Title Page No.

Figure 21: India Service Sector, By Value, 2011-2015 (USD Billion) 39

Figure 22: India Corporate Rental Market ,Unorganized ,Taxi Services, By Value, 2016F-2021F (USD Billion) 40

Figure 23: India Taxi Market (2011-2015) in USD Billion 41

Figure 24: India Taxi Market , By Value, 2016F-2021F (USD Billion) 42

Figure 25: North India Corporate Rental Car Market (2011-2015) in USD Billion 43

Figure 26: North India Corporate Rental Car Market, By Value, 2016F-2021F (USD Billion) 44

Figure 27: West India Corporate Rental Car Market (2011-2015) in (USD Billion) 45

Figure 28: West India Corporate Rental Car Market, By Value, 2016F-2021F (USD Billion) 46

Figure 29: South India Corporate Rental Car Market (2011-2015) in USD Billion 47

Figure 30: South India Corporate Rental Car Market, By Value, 2016F-2021F (USD Billion) 48

Figure 31: East India Corporate Rental Car Market (2011-2015) in USD Billion 49

Figure 32: East India Corporate Rental Car Market, By Value, 2016F-2021F (USD Billion) 50

Figure 33: India Smartphone Penetration Rate 59

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(c) AZOTH Analytics

Table Of Content

Figure No. Figure Title Page No.

Table 1: Investment in Radio Cab Industry India 28

Table 2: Carzonrent Compact SUV Product portfolio 75

Table 3: Carzonrent Sedan Product portfolio 76

Table 4: Carzonrent Hatchback Product portfolio 77

Table 5: Carzonrent SUV Product portfolio 78

Table 6: Revv Product portfolio 81

Table 7: Ola Cab Tariff Rates for Delhi 84

Table 8: Ola Cab Tariff Rates for Pune 84

Table 9: Ola Cab Tariff Rates for Chennai 85

Table 10: Ola Cab Tariff Rates for Mumbai 85

Table 11: Uber Tariff Rates for Chennai 88

Table 12: Uber Tariff Rates for Bangalore 88

Table 13: Uber Tariff Rates for Mumbai 89

Table 14: Uber Tariff Rates for Delhi 89

Table 15: Meru Cab Tariff Rates for Mumbai 92

Table 16: Meru Cab Tariff Rates for Bengaluru 92

Table 17: Meru Cab Tariff Rates for Delhi 93

Table 18: Meru Cab Tariff Rates for Hyderabad 93

Table 19: Zoom Car Tariff Rates Hatch Back 95

Table 20: Zoom Car Tariff Rates for Sedan 95

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(c) AZOTH Analytics

Research Methodology

Research Definition

• The report presents findings of a comprehensive study on Indian Car Rental Market with major segments namely-

Radio taxi car rental market and Corporate car rental market focusing on both organized and unorganized market .

Data Analysis and Interpretation

• Our historic market trend has been figured out by various paid databases which was further triangulated with inputs

and insights from industry experts, companies and stakeholders, through primary research (CEOs, Marketing

managers, Country Heads, Key accounts managers, among others). Back-of-the-Envelope calculation for the market

estimation has been made through proper understanding of the market as well as future business strategies of the

companies operating in the market.

Azoth Analytics has conducted quantitative as well as qualitative research to gather market insights such as market sizing, market

segmentation, recent trends and developments and competitive landscape. Our team has conducted extensive primary surveys by

reaching out industry experts across the value chain of the Food Ingredients market.

For Forecasting purpose we have accessed some of the paid databases such as Bloomberg, Reuters, Factiva, Hoovers etc.

Companies Contacted

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(c) AZOTH Analytics

India Car Rental Market Size

9

Figure 1: India Car Rental Market Size ,

By Value, Historic 2011-2015 (USD Billion)

CAGR: XX %

Source : Azoth Analytics Estimates

Figure 2: India Car Rental Market Size ,

By Value, Forecast 2016E-2021F (USD Billion)

Figure 3 : India Car Rental Market Share, By

Type, 2015(%)

Radio

Taxi, x %

Unorganized, x%

Figure 4 : India Car Rental Market Share, By

Type, 2021F(%)

Radio

Taxi, x %

Unorganized, x%

xx.00 xx.00

xx.00 xx.00

xx..00

2011 2012 2013 2014 2015

CAGR: XX%

xx.00 xx.00

xx.00 xx.00

xx.00 xx.00

2016E 2017F 2018F 2019F 2020F 2021F

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(c) AZOTH Analytics

India Car Rental Market Size

Figure : India Radio Taxi Market Size ,

By Value, Historic 2011-2015(USD Billion )

Source : Azoth Analytics Estimates

Figure 11: India Radio Taxi Market Size ,

By Value, Forecasting 2016E-2021F(USD Billion )

Figure 16: India Radio Taxi Market Share ,

By Value, By Region , Historic 2011-2015(USD

Million)

10

North ,

x.00%

West ,

x.00%

South ,

x.00%

East ,

x.00%

North ,

x.00%

West ,

x.00%

South ,

x.00%

East ,

x.00%

Figure 16: India Radio Taxi Market Share ,

By Value, By Region , Historic 2011-2015(USD

Million)

xx.00 xx.00

xx.00 xx.00

xx..00

2011 2012 2013 2014 2015

CAGR: XX%

xx.00

xx.00

xx.00

xx.00

xx.00

xx.00

2016E 2017F 2018F 2019F 2020F 2021F

CAGR: XX%

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(c) AZOTH Analytics

India Car Rental Market Size

Figure 24: India Corporate Car Rental Market Size ,

By Value, Historic 2011-2015(USD Billion )

CAGR: XX%

11

xx.00 xx.00

xx.00 xx.00

xx.00 xx.00

2016E 2017F 2018F 2019F 2020F 2021F

CAGR: XX%

xx.00 xx.00

xx.00 xx.00

xx..00

2011 2012 2013 2014 2015

Figure 24: India Corporate Car Rental Market Size ,

By Value, Forecast 2016E-2021F(USD Billion )

xx.00 xx.00

xx.00 xx.00

xx..00

2011 2012 2013 2014 2015

CAGR: XX%

Figure 24: India Corporate Car Rental Market Size ,

Taxi Services , By Value, Historic 2011-2015(USD

Billion )

xx.00 xx.00

xx.00 xx.00

xx.00 xx.00

2016E 2017F 2018F 2019F 2020F 2021F

CAGR: XX%

Figure 24: India Corporate Car Rental Market Size ,

Taxi Services , By Value, Historic 2011-2015(USD

Billion )

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(c) AZOTH Analytics

India Car Rental Market Size

Figure 40: India Taxi Market Size , By Value,

Historic 2011-2015(USD Billion )

12

xx.00 xx.00

xx.00 xx.00

xx..00

2011 2012 2013 2014 2015

CAGR: XX%

xx.00 xx.00

xx.00 xx.00

xx.00 xx.00

2016E 2017F 2018F 2019F 2020F 2021F

CAGR: XX%

Figure 40: India Taxi Market Size , By Value,

Historic 2016E-2021F(USD Billion )

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(c) AZOTH Analytics

About Azoth Analytics Pvt Ltd.

Azoth Analytics creates in-depth research reports by recording, interpreting and analyzing information through primary and secondary

research. Our strategic market sizing and data dredging techniques include secondary research, interviews with key market players and

industry experts and use of industry specific statistical tools which helps in designing and planning effective research for our global and

local clients. We provide customized market research reports revealing the hidden truths on different verticals like pharmaceutical, oil and

gas, retail, telecommunications, real estate, logistics, energy, healthcare, technology, FMCG, food & beverages and media sectors .

Related Reports:

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(By Market Segments/Types - Handheld, Professional, Wireless; By Region -North America, Europe, APAC, RoW; By Country- US, UK,

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Disclaimer: Azoth Analytics report information is based mainly on interviews and therefore, is subject to fluctuation. Azoth Analytics

therefore, takes no responsibility for any incorrect information supplied to us by industry experts, manufacturers or users. Azoth does

not warranty the completeness of the information and data. Also, analysis provided in the report are meant for customers’ internal use

only and not for general publication or disclosure to third parties.

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