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The truck rental market size is forecast to increase by USD 40 billion at a CAGR of 8.83% between 2023 and 2028. The large vehicles market, specifically in the truck rental sector, is experiencing significant trends and challenges. Fulfillment and distribution centers increasingly rely on timely order fulfillment, necessitating the need for flexible transportation options. Short-term projects and faster delivery times demand a responsive and adaptable approach from truck rental companies. Personalized services tailored to specific customer needs are also becoming increasingly important. Additionally, there is a growing emphasis on sustainable transportation, with electric trucks and autonomous vehicles gaining traction. Market growth factors include mounting cost pressure on fleet operators and the emergence of truck platooning and truck sharing. These trends and challenges are shaping the future of the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Vehicle Type
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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