Brazil Car Rentals Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Brazil’s Car Rentals Companies, and the Market is Segmented by Application Type (Leisure/Tourism, Business, and Fleet Outsourcing), Booking Type (Offline and Online), Vehicle Type (Passenger Cars and Commercial Vehicles), and End User (Fleet Operator and Tour Operator). The Report Offers Market Size and Forecasts in Terms of Value (USD Billion) for the Above Segments.

Brazil Car Rentals Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Brazil Vehicle Rental Industry Overview

Brazil’s vehicle rental market is consolidated and led by globally and regionally established players. The companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions. For instance,

  • In July 2023, BYD, the world’s leading manufacturer of new energy vehicles, collaborated with 99 and announced a vehicle-for-hire company operating in Brazil owned by Didi Chuxing (DiDi), the arrival of 300 D1 EVs, the first electric vehicle tailor-made to meet the ride-hailing market's demands through an application, marking a new milestone in fleet electrification for passengers in Brazil.

Some of the major players in the market include Localiza, Movida, Unidas, eDreams, and Hertz Corporation.

Brazil Vehicle Rental Market Leaders

  1. Movida

  2. The Hertz Corporation

  3. Localiza

  4. VIPCars.com

  5. eDreams

  6. *Disclaimer: Major Players sorted in no particular order
Brazil Vehicle Rental Market Concentration

Brazil Car Rentals Market Report Snapshots

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