Car Rentals Market in Iceland to 2022: Fleet Size, Rental Occasion and Days, Utilization Rate and Average Revenue Analytics

Car Rental market (hiring of a passenger vehicle for self drive, which includes cars and small vans, by both business and leisure travelers for short term duration; excluding leasing and long term rentals) has evolved intensely in the very recent years and is also expected to evolve in similar fashion in the near future.

The number of operational cars available for short term rental in Iceland were 2,766 vehicles in 2017. During the same year, the number of car rental transactions between a car rental company and consumers were 0.13 million. During the historic period, the number of operational cars grew at a CAGR of 5.43%, while the number of rental transactions grew at a CAGR of 5.72%.

The report Car Rentals (Self Drive) Market in Iceland to 2022: Fleet Size, Rental Occasion and Days, Utilization Rate and Average Revenue Analytics provides deep dive data analytics on wide ranging Car Rental market aspects including overall market value by customer type — Business and Leisure, by point of rental — Airport and Non-Airport, Insurance / Temporary Replacement Revenue, Car Rental Occasion, Days and Length for the period 2013 to 2017.