UAE Car Rental and Leasing Market has supported by the Increasing Tourists Inflow Coupled with the Surging Demand from Corporate Industries: 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 Amplified the influx of tourists in UAE has led to the growing demand for rental, leasing, and limousine services.” Technological Advancement: With the use of technological capabilities such as GPS tracking, Biometrics, Smartphone technology, connected cars, Keyless technology, and WIFI facility can help in reducing the operational cost, better management of the fleet. Adoption of Modern application with the feature of booking the car anywhere and using filters on the basics of location, car brands, car segment. This has made it easy for the customers to book and pre-book a vehicle with their flexibility and comfort. The government has also taken a step forward by promoting Electric vehicles on UAE roads. Growth in International Tourist: UAE is a modern hub of shopping, culture, and iconic structure attracting tourists from all around the globe with the majority of the visitors’ population from India, KSA, and the UK. International visitors summed up a total of 16.66 Million in 2018 and Dubai International is one of the busiest Airports. Dubai and Abu Dhabi is the major tourist hub spot attracting the majority of car rentals and limousine bookings from the airport as well as off-airport locations. The tourists rent a vehicle from the airport itself for traveling around the places. Upcoming Annual events such as Dubai Tennis Championship, Dubai Shopping Festival, and Grand Prix are expected to attract a huge visitor’s population and increase the demand for car rentals, Leasing, and Limousine cars. Sprouting SME industry in UAE: The Small and medium-sized enterprises (SMEs) sector represents more than 98% of the total number of companies operating in the UAE and contributes towards 52% of the non-oil GDP. The SME industry in UAE is growing and has a huge potential to help grow the car renting leasing, and limousine industry. The SMEs require vehicles for their daily transport and services and Lease cars for its corporate use and for its employees. They even rent out cars and Limousine services for special occasions and clients. As the number of SMEs increases the demand for the rental, leasing, and limousine industry will increase drastically. Analysts at Ken Research in their latest publication “UAE Car Rental, Leasing and Limousine Outlook to 2024 – Driven By Growth In Tourism And Corporate Demand” believe that the car rental, leasing and limousine industry in UAE has been growing and is expected that it will expand further owing to the rising number of SME’s, International Tourists, working population, and annual events, additional services provided by companies such as flexible plans, online booking options, and offers. The Car rental and leasing market is expected to register a positive CAGR of 9.7% in terms of revenue during the forecast period 2019-2024F and a positive CAGR of 13.8% in terms of revenue during the forecast period 2019-2024F for the limousine industry. Key Segments Covered for Car Rental: – By Emirates: Dubai Abu Dhabi Others (Ras Al Khamiah, Sharjah, Al-Ain, Ajman and Umm Al Quwain) By Types of Car: Economy SUV Luxury By End User: Corporate Individual By Source of Booking: On-Airport Off- Airport By Duration of Car Rental: 0-1 Month 1-6 Month 6-12 Month Key Segments Covered for Car Leasing By Emirates: Dubai Abu Dhabi Others (Ras Al Khamiah, Sharjah, Al-Ain, Ajman and Umm Al Quwain) By Types of Car: Economy SUV Luxury By Type of Car Leased: Corporate Individual By Duration of Car Leasing: 1 Year 2 Year 3 Year 3+ Year By End User: Facility Management Industrial Sector Food Services Logistics Oil and Gas Government and Associations Others Key Segments Covered for Limousine Car By Emirates: Dubai Abu Dhabi Others (Ras Al Khamiah, Sharjah, Al-Ain, Ajman and Umm Al Quwain) By Limousine companies by Emirates: Dubai Abu Dhabi Others (Ras Al Khamiah, Sharjah, Al-Ain, Ajman and Umm Al Quwain) By Types of Car: Standard Large sized Premium Ultra-Luxury By Business: Event Business Non- Event Business By Source of Business: Airport Non-Airport By Source of Payment: Direct from Corporate Corporate Payments By Purpose of Limousine: Leisure Corporate Key Target Audience Car Rental companies Car Leasing companies Limousine Companies Tourisms Industries Tour and Travel Aggregator Automobile companies Cab taxi companies Cab Aggregators Technology Provides Investors and Venture Capitalist Government Associations Logistics company Time Period Captured in the Report: Historical Period – 2014-2019 Forecast Period – 2020-2024 Companies Covered: Car Rental and Leasing Companies: Thrifty Rent a Car Emirates Transport Hertz Diamondlease Massar Car Rental Leaseplan Shift Rent a Car National Car Rental Avis Rent a Car Europcar Budget Rent a Car Fast Rent a Car Dollar AutoRent Paramount Car Rental and Leasing EuroStar Sixt Rent a Car Limousine Companies: Dubai Taxi Corporation Emirates Transport CityLink Limousine Private Limousine Avis Limousine Transguard Limousine National Transport Sharjah Roads and Transport Authority Hot Wheels Limo Global Wings Limousine Cityway Limousine Royal Falcon Limousine Patriot Limo Niceway Limousine Insaf Limousine German Limousine Onak Limousine Dubai Exotic Limousine Elite Class Limousine Services Key Topics Covered in the Report: – Chauffeur services in UAE, Companies in UAE Car Rental Market Corporate Limousine Car Industry in UAE Driver services in UAE Dubai Exotic Limousine Market Future Outlook Economy Cars Booking in UAE Royal Falcon Limousine Market Competitors Sedan Cars Booking in UAE Sharjah Limousine Car Market Shift Rent a Car Market Revenue Sixt Rent a Car Industry Report Sprouting Car Rental Market in UAE Electric cars in UAE Emirates Transport Car Leasing Market Analysis Future outlook of the UAE Car Rental Market German Limousine Industry Revenue Analysis Growth for Car Rental Industry in UAE Hatchback Cars Booking in UAE Hotels and Tourism industry in UAE For More Information on the research report, refer to below link: – UAE Car Rental and Leasing Market Growth Related Reports by Ken Research India Self Drive Car Rental Market Outlook to 2024 – Rising Prominence of Shared Mobility Space with Growing Competencies of Self-Drive Companies due to the Growing Investments Car Rentals (Self Drive) Market in Egypt to 2022: Fleet Size, Rental Occasion and Days, Utilization Rate and Average Revenue Analytics Saudi Arabia Car Rental and Leasing Market Outlook to 2023- By Business Model (Car Leasing and Car Rental), By Fleet Type (Small Category, Medium Category, SUV, Premium/Luxury) and By End Users (Logistics, FMCG, Oil & Gas, Construction, Government and Others) Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Ajman Beach Car Rental and Limousine service, Autolease Car Rental & Limousine Service UAE, Burj Khaifa Car Rental and Limousine service, Car Leasing Industry In UAE, Car Leasing 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