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Executive Summary Saudi Arabia Car Leasing market include the sum total of contract value generated from the LCVs (including light trucks upto 10 ton) and passenger vehicle leasing to retail and corporate customers for a period of more than 1 year. 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 instance, if a contract is signed for a period of three years, then in a particular year only the one year contract value has been considered. The report titled "Saudi Arabia Car Leasing Market Outlook to 2022 - By Car Rental and Car Dealers, By End Users (Logistics, FMCG & Home Delivery, Oil and Gas, Construction, Government offices, Others)" provides a comprehensive analysis of the long term car leasing market in Saudi Arabia. The report covers various aspects such as overall market size of Saudi Arabia long term car leasing market in terms of fleet and revenue, average contract value segmentation on the basis of end users (logistics, FMCG & Home Delivery, Construction, Oil & Gas Sector, Government sector and others), by regions (Central, Western, Eastern, Northern and Southern region), by category (Premium/Luxury, Pickup and Cargo Cars, Medium Category, Small Category Cars), by players (car rental companies and car dealers on the basis of fleet size). The report also covers car rental and leasing eco-system basis demand side and supply side, trends and developments, regulatory scenario, competitive landscape of leading players (Budget, Hanco, Best Rent A Car, Theeb Rent A Car, Shary Rent A Car, Avis, Auto World, Hertz, Key Rent A Car and Samara). The report provides market share of major car dealers, car leasing fleet by car category, competition success factor, market leader case study and key operation metrics along with future outlook and projections. Saudi Long Term Car Leasing Market During the period 2012-2017, Saudi Arabia car leasing market grew at a CAGR of ~% in terms of transaction value and ~% in terms of fleet size. Several factors which influenced the growth of long term car leasing market in the country include growth of end user industries, rate of tourist arrivals, number of business travelers, and other factors. In terms of transaction value, the long term car leasing market augmented positively from SAR ~ million during 2012 to SAR ~ million during 2015. The tourist arrivals to the country positively influenced the long term car leasing market to a large extent. Saudi Arabia witnessed an increase in inbound arrival, growing from ~ million trips to the country during 2012 to ~ million during 2017 to the holy city of Makkah & Madinah and for business travel to cities like Riyadh and Jeddah. The industry witnessed overall increase in fleet size owing to growing competition, increasing demand and increasing market penetration across various cities/provinces in the country. Increasing competition in the market has raised the quality of services offered by Long Term Car leasing companies in the country which has attracted more number of customers. The gradual upgradation of technology in the country has increased the accessibility to service. Saudi Arabia Long Term Car Leasing Market Segmentation By Regions: In terms of transaction value, central region has the highest share in the market as it is the most developed in terms of infrastructure and has presence of large number of establishments of varied sectors, it accounted for ~% (on the basis of fleet size) during 2017. Western region holds its importance due to holy city of Makkah, Medina and commercial hub in Jeddah with tourism and hospitality sector becoming major industries present in these regions. Eastern region is the largest region by area in the Kingdom of Saudi Arabia and holds a prominent position as it has the second largest oil and gas reservoir in the world. Its share fell slightly due to slump in Oil & Gas sector in Saudi Arabia and it accounted for ~% (on the basis of fleet size) during 2017. Southern and Northern region has the lowest share as cities in these regions are still under-developed and there are less number of establishments present in these regions Future Outlook of Saudi Arabia Long Term Car Leasing Market Key Topics/Keywords Covered in the Report
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1. Research Methodology . Figure 1-1: Car Rental and Leasing Ecosystem-Supply Side . Table 1-1: Correlation Matrix for Saudi Arabia Car Leasing Market Single User License: Hard Copy License: Corporate User License: Budget, Hanco, Best Rent A Car, Theeb Rent A Car, Shary Rent A Car, Avis, Auto World, Hertz, Key Rent A Car, Samara, Al Wisaq, Al Jomaih, Aljaber-Kia and Nissan, Universal Motors, Ford Aljazirah Long Term Car Leasing Fleet, Car Dealers Contract Value, Weighted Average Price per Fleet Leased, Premium/Luxury, Pickup and Cargo Cars, Medium Category, Small Category Cars Share |
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