Saudi Arabia Car Leasing Future Growth will be led by Compelling Potential Anticipated from Logistics, Construction and other Non-Oil Sector after last 2 years of Subdued Growth: Ken Research REQUEST FOR SAMPLE REPORT Buy Now 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 Rising corporate travel activity, growth in end user industries and increasing importance of workforce mobility will be the major growth drivers of Saudi Arabia long term car rental/leasing market in upcoming years. 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)” by Ken Research suggested that lower annual payments, wide variety of cars, insignificant maintenance costs, lower upfront cash outlay, comprehensive insurance coverage, negligible registration cost and better technology interface for customers will majorly contribute to the overall revenue growth of Saudi Arabia long term car rental market in next 5 years till 2022 Saudi Arabia long term car leasing industry is relatively concentrated among the top ten players in the industry. In terms of transaction value, the Saudi Arabia long term car leasing market grew from the previous year majorly owing to growth in logistics and FMCG sector. The long term cab rental/leasing market has grown over the years with the growth in the number of players in the industry backed up with increasing preference of renting/leasing a car rather than owing the fleet by companies. The growing number of small and large businesses in the tourism sector in the country has also surged the demand for long term car rental services in Saudi Arabia. Increasing competition in the market has raised the quality of services offered by car rental/leasing companies in the country, which has attracted more number of customers. The long term car rental market has witnessed increasing presence of multinational companies growing their presence in untapped markets and consistently focusing on increasing their fleet size. Over the years, industry has witnessed intense competition owing to low profit margins which has resulted in the companies to improve their service portfolios. Car dealers which operate into long term leasing, manage to provide lease contracts at a relatively lower price compared to car rental companies. Major target end users for car dealers are government sector which are highly price conscious. Car rental companies, on the other hand charges a higher price but offer specialized services to their customers such as On-road assistance, Insurance coverage and other services which car dealers fails to offer. Companies focus to have few government clients in their portfolio. Growth in religious tourism and leisure holidays has also led to greater demand from travel companies to extend their car leasing agreements with increase in number and type of fleet. Key Topics Covered in the Report Best Rent Car Revenue from Car Leasing Saudi Arabia Commercial Car Leasing Saudi Arabia Saudi Arabia Car Leasing Market Future Car Leasing Industry KSA Makkah Car Leasing Market Car Leasing Companies in Saudi Arabia Logistics User Car Leasing Saudi Arabia Car Leasing Forecast Saudi Arabia Riyadh Car Leasing Market Car leasing services in Saudi Arabia Long Term Car Leasing Fleet in KSA Saudi Arabia Car Rental Market Size 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 Related Reports by Ken Research https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/uae-car-rental-leasing-market/42906-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/thailand-car-rental-market/137098-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/indonesia-car-rental-market/136319-100.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-124-4230204 Tags: Best Rent a Car Revenue from Car Leasing Saudi Arabia, Best Rent Car Revenue from Car Rental, Car Leasing Industry KSA, Car leasing services in Saudi Arabia, Car Rental Companies in Saudi Arabia, Commercial Car Leasing Saudi Arabia, Competition in Saudi Arabia Car Rental, Future of Saudi Arabia Car Rental, Future outlook of car leasing market in Saudi Arabia, Long Term Car Leasing Fleet in KSA, Major companies in car leasing market in Saudi Arabia, Major Players in Saudi Arabia Car Rental, Market share of leading car rental companies in Saudi Arabia, Riyadh Car Leasing Market, Saudi Arabia Car Leasing Market Future, Saudi Arabia Car Rental Market Future Growth, Saudi Arabia Car Rental Market Size, Why budget has the highest share in car rental