Uae Car Rental And Leasing Industry PowerPoint PPT Presentations

The market for car rental in Middle East has been driven by countries such as Oman, Qatar, and Kuwait. Countries such as Saudi Arabia and UAE constitute for a major portion of car rental revenues across the Middle East region. The market for car rental in the country has been driven by the rise in demand for local players in Middle East although the market has been dominated by players such as Hertz Corporation, Sixt, Avis Corporation and Europcar.

The car rental market in Egypt has been on a downward trend since the past few years from 2010-2015 majorly due to the presence of various obstacles such as local supply, poor roads, GPS, government regulation and poor infrastructure facilities. Various companies in the country have been closed due to the increasing dominance of local companies. Although majority of the business people, students and expats that travel to the country prefer to rent a car for long term/ service tenure. Egypt car rental market has declined at a CAGR of ~%, over the period, 2010-2015 and slumped to USD ~ million in 2015 from USD ~ million in 2010.

UAE Car Rental Market Size, Share 2021: Research by Business Analysis, Growing CAGR of XX% Growth Strategy, Industry Trends and Forecast to 2027

UAE Car Rental, Leasing and Limousine Market Size and Research 2021, CAGR Status, Growth Analysis by Countries, Development Factors, Business Updates and Strategies till 2027: Ken Research

The report also provides insight vehicle leasing market in UAE, Dubai, Abu Dhabi and Northern Emirates including car leasing market size and segmentation by industry verticals, term of contracts and vehicle type for car leasing market. The report also entails the market share and strategies of the major players in the UAE car rental and leasing market along with the Government rules and regulations governing the market. An analysis of the future Car Rental Market of UAE is provided on the basis of revenue and fleet size over next five years.

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The leasing fleet provided by car rental and car dealer companies has been considered. The contract value has been computed on an accrual basis. For more information on the research report, refer to below link: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/saudi-arabia-vehicle-leasing-market/143546-100.html

The leasing market size is expected to reach $2.6 trillion by 2022, significantly growing at a CAGR of around 10.3% during the forecast period.

The global car sharing market is expected to witness a CAGR of 20% during the forecast period. The rising prominence of car-sharing act as an affordable and convenient solution to travel short distances is boosting the growth of the global car-sharing market. Car sharing reduces car ownership, travel costs, and traffic congestion.

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IJARAH Presented by: MAHMOOD SHAFQAT Joint Director Islamic Banking Department At AlHuda CIBE Workshop The views expressed in this presentation are those of the author

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