UAE Car Rental Market Future Outlook: 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 How The UAE Car Rental Positioned? UAE Car Rental, Leasing, and Limousine are highly influenced by the tourists’ influx and corporate offices. The car rental fleet was also observed to grow with a positive CAGR over the last 5 years. The car rental and leasing industry have started to gain momentum with the new government initiatives leading to a transformation for the companies to switch to a Technology-based platform and adopting new customer-oriented services. The Rental companies are having a market size of ~ Thousands as per 2019 has been growing with a positive CAGR. Car Rental services can be booked from the Airport as well as outside UAE. Tourists prefer booking it from the airport to reduce the cost of renting and traveling to the Emirates. UAE has a growing number of tourists and hence it leads to a growing demand for rental services. The corporate offices also rent cars for their corporate uses and clients. Rental services are in strong demand during annual events and festivals such as the Dubai shopping festival. With new events lined up in Dubai and Abu Dhabi, rental services are anticipated to increase. UAE was witnessed to have the majority of car rental companies in Dubai and Abu Dhabi. Currently, the market is concentrated with rental companies with a mix of foreign players such as hertz rent a car, Thrifty, Europcar, Budget rent a car, Lease Plan, and local players such as emirates transport, Diamond Lease and others. The Government is pushing the rental companies to adopt sustainability in the fleet and replace the gasoline vehicles to electric and hybrid vehicles in the UAE. Few companies in the UAE have already started maintaining an electric fleet of cars such as Toyota and Tesla and whereas others are still adopting the change. UAE Car Rental Market Segmentation By Type of Emirates (Dubai, Abu Dhabi Ajman, Sharjah, Ras Al Khaimah, Fujairah, and Umm Al-Quwain): Dubai has dominated the UAE rental fleet with a market share of ~% during 2019. 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): Economy cars have dominated the UAE rental fleet with a market share of ~% during 2019. 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 better mileage. By End users (Individual and Corporate): Individuals has dominated the UAE rental fleet with a market share of ~% during 2019. Individuals prefer renting out vehicles more as compared to corporate and use it for visiting tourist places and for traveling 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. Customers prefer booking it for less than a month. By Number of Airport Bookings (Airport and Off-Airport): Airport Bookings have dominated the UAE rental fleet with a market share of ~% during 2019. Booking rentals cars right away from Airport provide more accessibility and comfort to the tourists and Corporate Clients for traveling in the UAE. What Is the Competition Scenario in The UAE Car Rental Market? Competition within the UAE Car Rental, the market was observed to be highly concentrated along with the presence of both local and global car rental companies. The major companies in the Car Rental and Leasing industry in UAE include Emirates Transport, Hertz, Dollar, Thrifty Car Rental, Massar Solutions, Diamond Lease, Shift Rent a Car, National Car Rental, Budget, Lease plan, and others. Major competing parameters include a number of office locations, Client Information, Car Brands, and Partners, Key services, Vintage, and other factors. 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: – Ajman Beach Car Rental and Limousine service Autolease Car Rental & Limousine Service UAE Burj Khaifa Car Rental and Limousine service Car Leasing services in Umm Al Quwain Car Rental Business in UAE Car Rental in the United Arab Emirates Car Rental Services in UAE Car Rental Subscription plans Chauffeur services in UAE Corporate Limousine Car Industry in UAE Economy Car Booking in UAE German Limousine Industry Revenue Analysis Hatchback Car Booking 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 Ankur@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 Hire Market in Dubai, Car Leasing Fleet Size in UAE, Car Leasing Industry In UAE, Car Leasing Market In UAE, Car Leasing services in Umm Al Quwain, Car Rental & Leasing Market In UAE, Car Rental Business in UAE, Car Rental 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