Industry Description
This U.S. industry comprises establishments primarily engaged in renting passenger cars without drivers, generally for short periods of time.
Cross-References. Establishments primarily engaged in--
Business Examples
Common types of business activities within NAICS 532111 - Passenger Car Rental are:
- Car rental agencies
- Passenger van rental
- Luxury automobile rental without driver
- Passenger van rental agencies
- Hearse rental without driver
- Car rental
- Automobile rental
- Passenger car rental
- Limousine rental without driver
- Sport utility vehicle rental
- Van (passenger) rental
IBISWorld Industry Research Report
Car Rental in the US (53211)
Revenue 2025
$60.7bn
Growth 2025
-1.29%
Key Trends
Due to shelter-in-place orders, the industry has endured vanishing demand
In response to demand declines, industry operators have sought various measures to stay afloat
The industry's largest companies are expected to retain their competitive advantage
Products and Services
Similar Industries
For some business types, there may be a similar industry to 532111 - Passenger Car Rental that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Renting or leasing passenger cars with drivers (e.g., limousines, hearses, taxis)--are classified in Industry Group 4853, Taxi and Limousine Service.
IBISWorld industry research report
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NAICS Cross Reference
Leasing passenger cars without drivers, generally for long periods of time--are classified in U.S. Industry 532112, Passenger Car Leasing; and
IBISWorld industry research report
NAICS Hierarchy 532111 - Passenger Car Rental
NAICS Code 532111 - Passenger Car Rental sits in the 2-digit Passenger Car Rental sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 53
Sector Title: Real Estate and Rental and Leasing
3 Digits 4 Digits 5 Digits 6 Digits
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5311 Lessors of Real Estate
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53111 Lessors of Residential Buildings and Dwellings
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53112 Lessors of Nonresidential Buildings (except Miniwarehouses
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53113 Lessors of Miniwarehouses and Self-Storage Units
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53119 Lessors of Other Real Estate Property
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5312 Offices of Real Estate Agents and Brokers
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53121 Offices of Real Estate Agents and Brokers
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5313 Activities Related to Real Estate
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53131 Real Estate Property Managers
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53132 Offices of Real Estate Appraisers
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53139 Other Activities Related to Real Estate
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5321 Automotive Equipment Rental and Leasing
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53211 Passenger Car Rental and Leasing
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53212 Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing
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5322 Consumer Goods Rental
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53221 Consumer Electronics and Appliances Rental
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53228 Other Consumer Goods Rental
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5323 General Rental Centers
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53231 General Rental Centers
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5324 Commercial and Industrial Machinery and Equipment Rental and Leasing
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53241 Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing
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53242 Office Machinery and Equipment Rental and Leasing
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53249 Other Commercial and Industrial Machinery and Equipment Rental and Leasing
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5331 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works
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53311 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works
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Similar Industries Niche and Emerging
IBISWorld provides research on hundreds of niche and emerging industries, including the following for 532111 - Passenger Car Rental.
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