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Truck Rental Market to Witness Exceptional Growth over forecast period of 2019 to 2024, according to latest Truck Rental Industry Global Market Research Report 2019, published by MRFR.
The global truck rental market is predicted to have a healthy growth at 15.3% CAGRover the predicted years (2019-2024).
Truck rental includes hiring of light or heavy commercial vehicles.
Renting trucks will help in curbing vehicular pollution via reducing the owned vehicles volumetric sales and also on road vehicles.
Renting a truck is an immensely cost-effective and efficient solution compared to loan and purchasing a truck as it gives the owner the choice of mobility devoid of having to pay the price related to vehicle ownership.Get a FREE Sample with Complete TOC @ https://www.marketresearchfuture.com/sample_request/7825Key players Key players profiled in the truck rental market include Europcar (UK), Almano (US), United Rentals, Inc. (US), Sixt SE (Germany), Ryder System, Inc. (US), Penske Truck Leasing Co., L.P. (US), PACCAR Leasing Company (US), AMERCO (US), MAX Rental.lu AG (Luxembourg), Budget Car Rental (US), Avis Budget Group Inc. (US), Advantage Rent-a-car (US) and others.Market Segmentation:MRFR report offers a wide segmental analysis of the truck rental market based on truck type and lease type.Based on truck type, the truck rental market is segmented into light commercial vehicle and heavy commercial vehicle.
This is owing to its growing demand as it helps in managing the operating costs of trucks including roadside assistance, licensing, taxes, repairs and maintenance.