The Revenues for the Car Rental Market in Middle East are Expected to Incline at a CAGR of 7% in the Future REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Short term Car Rental has accounted significantly of the revenues in 2015 out of the total Middle East car rental market revenues. Rest of the revenues has been accounted by the chauffeur driven market. Chauffeur Driven Car Rentals are preferred by the tourists visiting the region for travel and leisure purposes. Inclination in the price levels and increasing competition among vehicle rental companies has been another rationale for rise in car rental business in the country. The car rental market size in Middle East has showcased variations in the revenue figures over the past five years from 2010-2015. The rapid economic recovery and burgeoning tourism industry in the Middle East provided a strong impetus to the car rental industry in the region Large corporates in UAE have exaggerated the concept of leasing in the country since they wish their service team to be mobile and want to provide them with safe means of transport. This transition in the mind set of corporates has pushed the middle east vehicle leasing industry. Chauffeur driven car rental market in Egypt has been dominated by On-airport car rental services. Online booking in car rental services in Egypt majorly takes place through mobile phones. The user selects a car rental agency, browses the company’s website and then books the cab according to his specifications and requirements. It has been recorded that in 2015, most of the market revenues were amassed by the passenger vehicles while only a very small proportion of the leasing revenues were hoarded by the commercial vehicle leasing. Although the concept of car sharing is not as popular as car leasing due to issues related to matter of trust yet the market has witnessed an upturn on account of rise in migrant population in the country. Inclination in the price levels and increasing competition among vehicle rental companies has been another rationale for rise in car rental business in the country. Majority of the population in Saudi Arabia has opted for a self-drive car rental market. The lower price of fuels and absence of governmental entities in terms of issues in insurance policies have been the major basis of the growth in the self drive market. Majority of the roads in Saudi Arabia are long straight and in good condition that encourages male drivers to put their foot down and race. For more information on the market research report please refer to the below link: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/middle-east-car-rental-leasing-market/42895-100.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Post Views: 6 Tags: Car Rental Industry Analysis, Car Rental Market Size, Competition Car Leasing Dubai, Middle East Car Rental Location, Short Term Car Rental Market, Vehicle Leasing Market Trends