UAE Car Rental, Leasing and Limousine Market Outlook to 2024: 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 The report titled “UAE Car Rental, Leasing and Limousine Market Outlook to 2024-Driven By Growing Corporate Ecosystem and Growth in Tourism Backed Up Government Initiatives and Annual Events” provides a comprehensive analysis of Rental, Leasing and Limousine services in UAE The report focuses on market segmentation in terms of Fleet Size for Rental companies, By Type of Emirates (Dubai, Abu Dhabi Ajman, Sharjah, Ras Al Khaimah, Fujairah, and Umm Al-Quwain), Types of Cars (Economy, SUV, and Luxury), By End-users (Individual and Corporate), By Duration (0-1 Month, 1-6 Month and 6-12 months) and By Number of Airport Bookings (Airport and Off-Airport. The market segmentation on the basics of Revenue and Fleet size for Leasing companies, By Type of Emirates (Dubai, Abu Dhabi Ajman, Sharjah, Ras Al Khaimah, Fujairah, and Umm Al-Quwain), By Types of Cars (Economy, Pick Ups, SUV, and Luxury), By Duration (1 Year, 2 Year, 3-year ad 3+ Years), By Types of Car Leased (Individual and corporate), By End User (Facility Management, Industrial Sector, Food Services, Logistics, Oil and Gas and Government and Associations). The report includes market segmentation on the basics of Revenue and Fleet size for Limousine companies, By Type of Emirates (Dubai, Abu Dhabi Ajman, Sharjah, Ras Al Khaimah, Fujairah, and Umm Al-Quwain), By Number of Airport Bookings (Airport and Off-Airport), By Types of Cars (Standard, Large, Luxury and Ultra Luxury), By Source of Payment (Direct from customers and corporate payments), By Business (Event and Non- Event Business), By Number of Limousine companies in Emirates (Dubai, Abu Dhabi Ajman, Sharjah, Ras Al Khaimah, Fujairah, and Umm Al-Quwain), By Purpose (Cab and Non-Cab Companies) and By Types of the limousine (Leisure and Corporate). The report also covers the overall comparative landscape, trends and growth drivers, issues, and challenges, and government regulations. The report concludes with future projections and analyst recommendations highlighting the major opportunities and cautions. Market Overview UAE has the world’s highest net migration rate, with nearly 88.52% of the population composed of expatriates and immigrants comprising the majority workforce of the national the United Arab Emirates has long been recognized as a premier tourism and leisure destination owing to places such as Dubai Marina, Burj Khalifa. Dubai is set to become one of the most popular destinations in the world for Tourists by 2025. Dubai is the most the populous city followed by Abu Dhabi in UAE with 2.7 Mn people working in Dubai as of 2019 and 1.4 Million people working in Abu Dhabi as of 2017 Market Segmentation of Car Rental Market By Type of Emirates (Dubai, Abu Dhabi Ajman, Sharjah, Ras Al Khaimah, Fujairah, and Umm Al-Quwain): The Rental services are most prominent at Dubai and Abu Dhabi owing to the concentration of corporate companies and major tourist locations. Dubai and Abu Dhabi are the most populous locations and account for the highest rental bookings. By Types of Cars (Economy, SUV, and Luxury): An economy segment in the car rental market was observed to dominate the market. Rental companies focus on decreasing operational cost and prefer having an economical fleet of car brands such as Toyota and Honda as it is more profitable and provides a better mileage. By End-users (Individual and Corporate): Individuals prefer renting out vehicles more as compared to corporate. A higher number of tourists visiting the Emirates contributes to the higher demand for car rental services in UAE. By Duration (0-1 Month, 1-6 Month, and 6-12 months): Rental services are generally for a very short duration and less than a year. UAE was witnessed to have a higher demand for the car rental service for the duration of 0-1 months. By Number of Airport Bookings (Airport and Off-Airport): The car rental market was observed to be dominated by the on-airport books as the booking of rental cars right away from Airport provides more accessibility and comfort to the tourists and Corporate Clients for traveling in UAE. Market Segmentation of Car Leasing Market By Type of Emirates (Dubai, Abu Dhabi Ajman, Sharjah, Ras Al Khaimah, Fujairah, and Umm Al-Quwain): Dubai captured the majority share in terms of fleet size in the car leasing market. Dubai and Abu Dhabi are population-dense emirates with the highest number of corporate, SME, and government associations creating a constant demand for leased vehicles. By Types of Cars (Economy, Pick Ups, SUV, and Luxury): Economy class vehicles of brands such as Honda and Toyota were observed to have a higher demand as they are used by rental companies and household and pickups by corporate clients for industrial use. By Duration (1 Year, 2 Year, 3 year, and 3+ Years): Leasing services are generally for a long duration. Most of the leasing is for the duration of 2-3 years as it is more profitable and economical for the customers. By Types of Car Leased (Individual and corporate): Corporate segment was observed to dominate the car leasing market in UAE. A growing number of SMEs in Emirates, Cab Taxi, and car rental companies create a demand for leased vehicles to be used for their service. By End User (Facility Management, Industrial Sector, Food Services, Logistics, Oil and Gas and Government and Associations): Car leasing is most common in facility management companies and industrial companies. The leased vehicle is generally used for internal purposes only by these companies. Market Segmentation of Limousine Car Market By Type of Emirates (Dubai, Abu Dhabi Ajman, Sharjah, Ras Al Khaimah, Fujairah, and Umm Al-Quwain): Dubai and Abu Dhabi have the highest number of households and corporate offices. These lead to the highest demand for Limousine services by corporate and Individuals. By Number of Airport Bookings (Airport and Off-Airport): Limousine cars are booked from the airport as well as outside the Airport. Airport bookings are done majorly by tourists and clients. Non-Airport booking are generally done for occasional events. By Types of Cars (Standard, Large, Luxury and Ultra Luxury): Standard and Large vehicles of car brands such as Lexus and Infiniti are most preferred by the customers followed by Luxury and Ultra-luxury vehicles. By Source of Payment (Direct from customers and corporate payments): Limousine services are hired via website or offline means. The customers pay directly to the companies instead of aggregate platforms. By Business (Event and Non- Event Business): Limousine services are majorly booked for major events such as weddings, parties, and other occasions. By Number of Limousine companies in Emirates: Dubai and Abu Dhabi are highly populated emirate with the highest demand for limousine cars. Dubai and Abu Dhabi have the highest concentration of a number of limousine companies to cater to that demand. By Purpose (Cab and Non-Cab Companies): limousine services majorly drive its revenue from Cab companies in UAE By Types of limousine (Leisure and Corporate): Limousine services is considered a luxury service and hired majorly for leisure purposes. Competitive Landscape The UAE car rental and leasing industry is a highly competitive industry with small players having a fleet size less than 20 vehicles to global players such as Hertz, Thrifty, Europcar and Dollar. The major companies in the Car Rental and Leasing industry in UAE includes Emirates Transport, Hertz, Dollar, Thrifty Car Rental, Massar Solutions, Diamond Lease, Shift Rent a Car, National Car Rental, Budget, Lease plan, and others. The major companies in the Limousine Car market include Dubai Taxi Corporation, Emirates Transport, Citylink Limousine, Avis Limousine, Transguards Limousine, National Transport Authority, Hot Wheels Limousine, and others. Major competing parameters include number of office locations, Client Information, Car Brands, and Partners, Key services, Vintage, and other factors. Future Outlook and Projections UAE Car Rental and Leasing sector is set to increase both in terms of fleet size and revenue. The Car Rental fleet size is anticipated to grow at a CAGR of 8.8% during 2019-2024 This growth will be backed by new entrants’ business growth. UAE is a popular tourist destination and is anticipated to see a pull in Tourist footfall. New Government Initiatives are propelling the corporate demand and technological up-gradation of the market. 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: – Present Day Landscape of UAE Rental, Leasing and Limousine Industry UAE Car Rental Market Overview UAE Car Rental Market Size UAE Car Rental Market Segmentation Competition in UAE Car Rental Market Future outlook of UAE Car Rental Market UAE Car Leasing Market Overview UAE Car Leasing Market Size UAE Car Leasing Market Segmentation Competition in UAE Car Leasing Market Future outlook of UAE Car Leasing Market UAE Limousine Car Market Overview UAE Limousine Car Market Size UAE Limousine Car Market Segmentation Competition in UAE Limousine Car Market Industry Analysis Company Profiles of Car Rental & Leasing companies Analyst Recommendations Snapshot of UAE Cab Taxi Market Snapshot of UAE Cab Aggregator Market Appendix For More Information on the research report, refer to below link: – UAE Car Rental, Leasing and Limousine Industry Growth Related Reports by Ken Research 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) Car Rentals (Self Drive) Market In Egypt To 2022: Fleet Size, Rental Occasion And Days, Utilization Rate And Average Revenue Analytics 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 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, 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