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CAGR for Car Rental & Leasing Market in UAE Assessed at 9% (2017-2025) by Goldstein Research

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Steve Blade
CAGR for Car Rental & Leasing Market in UAE Assessed at 9% (2017-2025) by Goldstein Research

According to Goldstein Research, UAE car rental & leasing market is anticipated to expand at a CAGR of more than9% during the forecast period, 2017-2025. Car rental & leasing market is expanding in UAE on the back of hiking international tourism in the region. Although the region accounts for high car ownership, leisure & business tourists are majorly driving the market. Moreover, a large number of travelers in the region are inclining towards renting/leasing a car rather than just owning one. The high investments from the market players in the UAE region is further anticipated to propel the growth of the market in near future. Further based on rental type segmentation, chauffeur drive or taxi services segment acquired the major share in UAE car rental & leasing market i.e. 45% in 2017. Whereas, a self-driving segment is growing at the fastest CAGR of 12.4% during the forecast period (2017-2025).

For market research on Car Rental & Leasing in UAE, visit:

https://www.goldsteinresearch.com/report/car-rental-and-leasing-market-uae-industry-analysis

Market Segmentation

On the basis of our in-depth analysis, UAECar Rental & Leasing Market can be segmented as follows:

By Rental Type

  • Chauffeur Drive
  • Special Events
  • Self-Driving
  • Business Rental

By Services Type

  • Interstate Services
  • Intrastate Services
  • Airport Transfers

By Vehicles Type

  • Luxury Cars
  • Executive Cars
  • Economy Cars
  • Sports Utility Vehicles
  • Multi Utility Vehicles

By Mode of Booking

  • Online Bookings
    • App-based car rental services
    • Telephonic car rental services
    • Web-Based Car Rental Services
  • Offline Bookings

Analysis of Car Rental & Leasing Market in UAE by Goldstein Research contains a detailed overview of the UAE car rental & leasing market. The report highlights the competitive outlook of major UAE players that includes business strategies, product portfolio, revenue distribution, financial analysis, services innovations, and investments. The in-depth analysis of car rental & leasing market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the UAE car rental & leasing market discussed in the report are: Hertz Corporation, Sixt, Avis Corporation Regency, eKAr, Careem, Strong car rental, Auto rent, Market Rent- A- Car, Al- Mulla, Fast Rent A Car, City Car, Al-Sayer, Europcar,etc.

Further, the report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. It also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

Get market report sample @ https://www.goldsteinresearch.com/request-sample/car-rental-and-leasing-market-uae-industry-analysis

For more reports related to automotive industry, visit: https://www.goldsteinresearch.com/industries/automotive

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on automotive industry market research report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:

Steve Blade

(Global Sales Head)

USA: + 1-646-568-7747

Canada:  1-437-886-1181

UK: +44-203-318-6627

[email protected]

www.goldsteinresearch.com

 

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