The KSA Car Rental and Leasing Market is expected to contribute SAR ~27 Bn by 2027F owing to rising government policies and growth in travel industry: 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 KSA Car Rental and Leasing Market is at growing stage and has highly fragmented market with about 30-40 players in market. The Car Rental and Leasing Market in the KSA has seen emergence of many players over the past years. Budget Rent a Car and Key Car Rental are market leaders. There is robust growth expected in rental and leasing from commercial segment with the government promoting development of infrastructure and mandating headquarters of international companies in Riyadh from 2024. Investment in tourism will promote car rental and leasing by private individuals which is expected to hold ~50% share of the market. It is expected to see a positive growth in Pickup trucks due to construction activities like Neom project, Vision 2030 and Red Sea project. Technological Innovations: Technology isn’t just evolving the way people rent cars, it is completely transforming the experience, with rental vehicle’s operation, performance, and maintenance being made available in real time. Such features are tremendous assets for drivers and fleet managers, and will enable them to more efficiently identify risks and implement timely improvements of their rental services. Infrastructure Development: Saudi Arabia has announced a trillion-dollar pipeline of infrastructure projects including Neom, Riyadh Metro, Makkah Public Transport, Al Widyan city. The Kingdom aims to position itself as a global hub for investment and logistics in line with its Vision 2030 such as airport and seaport expansion projects designed to strengthen the logistics industry. Investments and Mergers: Several companies are entering the car rental and leasing space by way of acquiring stakes in already established businesses. These deals will contribute in raising the market’s competitiveness and enhancing its leadership position in a sector that is witnessing a rapid growth. Online Car Rental Booking Services: Car Financing Companies are increasingly moving towards digitization to improve operational profits as well as customer experience. Online car rental booking services in the form of mobile applications and websites has been gaining popularity in KSA, which has enhanced user experience by making the process quicker and more convenient by showing the customer the range of cars at a one stop shop. Analysts at Ken Research in their latest publication “KSA Car Rental and Leasing Market Outlook to 20267F- Driven by Infrastructure Development, Growing Tourism and Diversification of Economy” by Ken Research observed that Car Rental and Leasing market is an emergent automotive market in KSA at a growing stage from the economic crisis after pandemic. The rising government policies and introduction of EVs, growth in travel industry along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 11.7% CAGR during 2022-2027F owing to investment in tourism, infrastructure development and new government policies. Key Segments Covered in the report: – KSA Car Rental and Leasing Market Segmentation By type of vehicles Small Cars Sedans SUVs and MUVs Pick-up trucks Premium and Luxury By Region Central Region Western Region Eastern Region Others (Northern and Southern) By End-User Private Commercial Government & Semi Government Contracts KSA Car Leasing Market Segmentation: – By type of leaser Car Leasing Companies Car Dealers To learn more about this report Download a Free Sample Report By Organization Organized Unorganized By type of vehicles Small Cars Sedans SUVs and MUVs Pick-up trucks Premium and Luxury By Duration for Fleets Leased 1 years 2 years 3 years 4 years and more By Region Central Region Western Region Eastern Region Others (Northern and Southern) By End-User Private Commercial Government & Semi Government Contracts By Commercial Logistics Companies FMCG and E-commerce Oil, Gas & Refineries Construction Others- Remaining Industries KSA Car Rental Market Segmentation: – By Organization Organized Unorganized Visit this Link :- Request for custom report By Pickup Point Off-airport On-airport By type of vehicles Small Cars Sedans SUVs and MUVs Pick-up trucks Premium and Luxury By Region Central Region Western Region Eastern Region Others (Northern and Southern) By End-User Private Commercial Government & Semi Government Contracts Key Target Audience: – Car Rental Service Providers Car Rental Companies aiming to establish in KSA KSA automotive industries Government Bodies & Regulating Authorities Venture Capitalist targeting the car rental market Automotive industry association Car Manufacturers Existing Car Rental Companies OEM Dealerships New Market Entrants Investors Car Rental Associations Time Period Captured in the Report: – Historical Period: 2017-2022 Base Year: 2022 Forecast Period: 2022-2027F Companies Covered: – Budget Rent a Car Theeb Key Car Rental Hanco Avis Al jazira/ Auto World AL Jabr Best Rent a car Samara/SIXT Key Topics Covered in the Report: – KSA Automotive Market Overview Ecosystem and Business Cycle of KSA Car Leasing and Rental Market Timeline and Value Chain Analysis of KSA Car Leasing and Rental Market KSA Car Leasing and Rental Industry Segmentation KSA Car Leasing Market Size and Segmentation KSA Car Rental Market Size and Segmentation Porter’s Five Forces Analysis and Trends of KSA Car Leasing and Rental Market Growth Drivers and Challenges of KSA Car Leasing and Rental Market End User Analysis of KSA Car Leasing and Rental Market Competition Framework for KSA Car Leasing and Rental Market Future Outlook of KSA Car Rental and Leasing Market Case Study of Chinese Rental Market Analyst Recommendations and Industry Speaks For more insights on the market intelligence, refer to below link:- KSA Car Rental and Leasing Market Related Reports by Ken Research: – UAE Car Rental, Leasing and Limousine Market Outlook to 2025 (Second Edition) – Driven by Reviving Tourism, altered Customer Preference from Public Transport to Personal Cars owing to Covid-19 Belgium Car Rental Market Outlook 2027F- driven by increasing tourism, technological prospects & customer loyalty Bahrain Car Rental Market Outlook to 2027F- Driven by Type of Market Structure (Organized and Unorganized), by Type of Car (Sedan, Hatchback, SUV, Van, Crossover, Others), By Vehicle Type (Economy cars, Luxury cars) Japan Car Rental Market Outlook to 2027F- By Market Structure (Organized and Unorganized), By Type of Vehicle (Small Cars/ Hatchbacks, Sedans, SUVs and Others) and By Booking Mode (Online and Offline) Tags: AL Jabr KSA Car Rental Market Revenue, Avis Fleet in KSA, Best Rent a car KSA Car Rental Market, Biggest Car Leasing Companies in KSA, Budget Rent a Car Leasing Revenue in KSA, Car Leasing Companies in Saudi Arabia, car Leasing Dealers in Saudi Arabia, Car Rental and Leasing industry in KSA, Car Rental Companies in Saudi Arabia, Car Rental in Saudi Arabia, Car Rental Service Providers in Saudi Arabia, Challenges in 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