UAE Rent a Car Market Demand, Drivers and Opportunities 2023-2028 |...

UAE Rent a Car Market Demand, Drivers and Opportunities 2023-2028

Posté 2025-02-10 11:10:50

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UAE Rent a Car Market Overview and Insights:

UAE Rent a Car Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

What is the Future Market Size of the UAE Rent a Car Industry and its Yearly Growth Rate?

The UAE Rent a Car Market is projected to register around 8.9% CAGR during the forecast period, i.e., 2023-28. Most of the market expansion would be driven by the growing focus of the UAE government on the economic diversification away from the oil & gas sector, i.e., portraying massive expenditure on the tourism sector to attract tourists, pilgrims, and migrants to the country. As a result, the demand for car rental services for local commute is increasing swiftly across the country and driving the UAE Rent a Car Market.

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Who are the Main Competitors Driving the UAE Rent a Car Market Forward?

The prominent players essentially operating in the UAE Rent a Car Market are as follows:

Thrifty
Hertz
Emirates Transport
Massar Solutions
Sixt Rent a Car
Fast rent a car
Kayak
Europcar
Avis Rent a Car
Dollar Rent a Car
Others

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What is the Segmentation of the UAE Rent a Car Market?

The UAE Rent a Car market covered in this report is segmented –

By Type of Car
- Economy
- SUV
- Multi Utility Vehicle
- Luxury
By Application
- Leisure
- Commercial
By Drive Type
- Self-Driving
- Chauffeur
By Booking Type
- Offline
- Online

Of both, online bookings are expecting the largest share in the UAE Rent a Car Market during 2023-28, mainly on the back of surging penetration of smartphones & the internet, coupled with the convenience of choosing the most appropriate cars for rent after comparing different websites.

By Usage
- Local
- Airport
- Outstation
By Rental Duration
- Short Term
- Long Term
By Region
- Dubai
- Abu Dhabi & Al Ain
- Sharjah & Northern Emirates

Key Questions Answered in the Research Report

What is the predicted UAE Rent a Car market size and growth rate for the years 2023-28?
What challenges are restricting the growth of the UAE Rent a Car market?
Which segment accounted for the largest market share in the UAE Rent a Car market?
Which prominent companies are leading growth in the UAE Rent a Car market?
In what formats does Markntel Advisors deliver the concerned report descriptions?
How long does it take for customers to receive the reports provided by Markntel Advisors?
Does Markntel Advisors provide customized reports?

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