UAE Car Rental Leasing and Limousine Market 2021 by Types, Application, Technology, Opportunities, End Users, Regions And Forecast 2027 - PowerPoint PPT Presentation

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UAE Car Rental Leasing and Limousine Market 2021 by Types, Application, Technology, Opportunities, End Users, Regions And Forecast 2027


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

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Title: UAE Car Rental Leasing and Limousine Market 2021 by Types, Application, Technology, Opportunities, End Users, Regions And Forecast 2027

UAE Car Rental Market Size 2021 Upcoming Trends,
Covid-19 Impact Industry Growth, Demand and
Forecast Research Report to 2027 Ken Research
Car rental refers to renting cars for short
periods of time, usually from a few hours to a
few weeks, through car rental companies or car
rental companies. The car rental market is
usually organized with various local branches of
the car rental companies, and these agencies are
primarily located near airports busy urban
areas and also allow online offline
reservations. The car rental and leasing industry
in the United Arab Emirates, which has become an
international commercial and tourist destination
in recent years, will continue to grow and
significantly increase the growth of the car
rental and leasing industry. Despite the
elevated level of car-ownership in the UAE, the
car rental leasing industry is primarily
driven by leisure and business tourism. The UAE
tourism sector has grown rapidly in recent
years. Numerous buyers are also in favor of
renting / leasing a car rather than owning one,
so greater interest is expected from car rental
companies in expanding their vehicle fleets.
Increasing use of smartphones, growing adoption
of car rental management software, and
increasing preference of online booking of cars
due to various purposes such as cashless
transactions and e-signing contracts is expected
to provide productive growth opportunities for
car rental providers working in the
industry. According to study, The UAE Car
Rental, Leasing and Limousine Market Outlook to
2025 (Second Edition) - Driven by Reviving
Tourism, altered Customer Preference from Public
Transport to Personal Cars owing to Covid-19
renowned companies that are presently working in
the UAE car rental market include Nirvana Travel
and Tourism, Thrifty Rent a Car, Massar Car
Rental, Hertz, Budget Rent a Car, Diamondlease,
Fast Rent a Car, Leaseplan, Europcar,
Diamondlease, AutoRent, Avis Limousine, National
Transport, Dubai Taxi Corporation, German
Limousine, Sharjah Roads and Transport
Authority, Royal Falcon Limousine, Dubai Exotic
Limousine, Transguard Limousine, Cityway
Limousine, Elite Class Limousine Services, Insaf
Limousine, Avis Limousine, Global Wings
Limousine, Onak Limousine, Private Limousine,
Hot Wheels Limo, Niceway Limousine and among
others. Players are very focused on upgrading
the size of their fleet to meet the growing
demand. Therefore, the supply gap offers good
opportunities for the players. Technology is also
used to improve the consumer experience. These
include the use of GPS, advanced music
systems, and device connection. This paves the
way for remarkable growth in the global car
rental market over the forecast period.
Based on types of car, market can be segregated
as standard car, premium car, large- sized car
and ultra luxury car. Based on business type,
market can be segregated as event business and
non-event business. Based on source of payment,
market can be segregated as corporate payments
and direct from corporate. Based on duration of
rental, market can be segregated as 0 to 1 month,
1 to 6 month and 6 to 12 month. In addition,
based on purpose of limousine, market can be
segregated as corporate and leisure. Request for
Sample Report _at_ https//
- report.php?FrmdetailsNDczMDMx Increase in
number of tourists, followed by lower cost of
travel, rise in trend towards electric car
rentals, rise in demand from the local markets,
growth in digitalization, increase in preference
for short-term rentals, growth in number of
inbound domestic
travelers and reducing oil prices lower per
capita income are some major factors, which are
responsible for growth of the market. However,
various regulatory challenges and maintenance
repair work challenges may impact the market. The
UAE Car Rental Market is heavily influenced by
tourists and office businesses. With the growing
popularity of a technology-based platform and the
introduction of new customer-centric services,
the government is offering initiatives to promote
the market. In addition, with the emergent
economy in the United Arab Emirates, car-rental
companies on high demand, car rentals have become
even more accessible sustainable. Rising
populations, especially in larger cities, are
leading to a lack of space, and rising fuel
prices and taxes have drawn people to
sustainability. Eco-friendly or environment
friendly vehicles like electric vehicles (EVs)
are being adopted as the UAE car rental market
is moving towards the eco-friendly
solutions. Dubai is largest market for car rental
leasing services in the county. In addition,
Abu Dhabi is focused on dropping its oil
dependency. This is expected to expand the
business environment and attract new business
travelers, which will boost the car rental and
leasing market. It is predicted that future of
the market will be bright as a result of
increase in consumer preference over luxury
hybrid vehicles with advanced technology during
the forecast period. For More Information, refer
to below link- UAE Car Rental Market Research
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Gupta, Head Marketing Communications support_at_ken 91-9015378249
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