Egypt Car Rental Market size is expected to double in the upcoming years owning to increase in E-Vehicles and advance bookings by Foreign Tourists in the country: 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 Growth rate of total car rental is going to increase over the period as car leasing becomes easier, and market penetration rates increase in the country. With rising internet penetration and ownership of smartphones, it is expected that customers will make bookings online as it is more convenient for bookings with additional discounts and saving time. The tourism sectors in cities like Cairo and Giza are expanding, which is expected to have a beneficial impact on the Egypt car rental market growth. Inflow of Investments: The Egypt Car Rental Market will expand in the coming years as a result of the increased focus of car rental companies on corporate clients due to increase in foreign travelers. With this trend, the inflow of investments will increase in the future. For Instance, Zoomcar, the world’s largest emerging market focused car sharing marketplace, is looking to double its investments in Egypt in the coming three years. The India-based firm initially said it would spend ~ millions over a three-year period when it launched in Cairo in October. The car rental startup also wants to significantly ramp up its customer base by the end of 2022. Government Initiatives: The government’s initiative will attract tourism in the country and is expected to contribute to the overall market growth. Red Sea Bridge which will join Saudi Arabia and Egypt will a become a major growth booster for the car rental market in the Egypt as the majority of the business in car rental market is derived by the trading companies. The bridge connecting Saudi Arabia with Egypt will boost trade between the two countries. Both the countries have signed 17 agreements to enhance bilateral ties. Furthermore, other government investments in building infrastructure for electric vehicle will be a major reason for growth in car rental market in the future. Increase in Electric vehicle manufacture: The share of EVs is expected to increase many folds as Egypt plans to shift to electric mobility and plans to begin subsidizing electric vehicle. On the infrastructure side, the government is still working on plans to establish a nationwide charging network. In other efforts to advance the industry, Egypt’s House of Representatives just gave its final approval to a bill that will establish a new regulatory body to set policy for auto assembly in the country, including EVs, and provide financial incentives for manufacturers. Analysts at Ken Research in their latest publication “Egypt Car Rental Market Outlook to 2027F – Driven by Increasing Internet penetration, On-Demand Services, boost in tourism and Government Initiatives in infrastructure” observed the potential of the Car Rental Market in Egypt. With the boost in tourism sector in Egypt, increasing trend for On- Demand services, rising internet penetration along with government initiatives on infrastructure and electric vehicles are expected to contribute to the market growth over the forecast period. The Egypt Car Rental Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F. Key Segments Covered:- Egypt Car Rental Market By Market Structure, 2022 & 2027F Organized market Unorganized market By Type of Vehicles, 2022 & 2027F Small Cars/ Hatchbacks Sedans SUVs Others By ICE/EV, 2022 & 2027F ICE (Internal Combustion Engine) Electric Vehicles By Cities, 2022 & 2027F Cairo Alexandria Giza Qalyubia Port Said Suez Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MjI1 By Mode of Booking, 2022 & 2027F Online Offline By Time Duration, 2022 & 2027F Long Short By Pick-up, 2022 & 2027F Off-Airport On-Airport Key Target Audience:- Car Rental Service Providers Car Rental Companies aiming to establish in Egypt Egypt’s 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 Ask for Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MjI1 Time Period Captured in the Report:- Historical Year: 2017-2022 Base Year: 2022 Forecast Period: 2022– 2027F Companies Covered:- Kayak Sixt Europcar Avis Rent a Car System LLC Locanfy Bikebookig.com TruKKer Holding Reftruck Egypt Enterprise Holdings, Inc. VIPCars.com Key Topics Covered in the Report:- Overview, Operating Models and Company Profile of the Automotive Industry in the Egypt, 2022 Overview and Genesis of Car Rental Market in Egypt, 2022 Ecosystem of Egypt Car Rental Market Business Cycle, Timeline, and Value Chain Analysis of Car Rental Market in Egypt Egypt Car Rental Market Sizing, 2017- 2022P Market Segmentations of Car Rental Market in Egypt (by Market Structure, by Type of Vehicle, by ICE/ EV, by Mode of Booking, by Pick-up, by Client, by cities), 2022 SWOT Analysis of Egypt Car Rental Market Growth Drivers of Egypt Car Rental Market Government regulations of Egypt Car Rental Market Government Incentives and Policies on Electrification in Egypt Trends and Developments of Egypt Car Rental Market Challenges of Egypt Car Rental Market Competitive Analysis of Car Rental Market in Egypt End User Analysis of Car Rental Market in Egypt Future Outlook and Projections of Car Rental Market in Egypt, 2022-2027F Market Opportunities and Analyst Recommendations For more information on the research report, refer to below link:- Egypt Car Rental Market Related Reports by Ken Research:- Netherlands Car Rental Market Outlook to 2027F Japan Car Rental Market Outlook to 2027F France Used Cars Market Outlook to 2027 Post Views: 9 Tags: Best Lease Company In the Egypt, Car Rental Agency In Egypt, Car Rental Business Market Egypt, Car Rental Companies In Egypt, car rental industry, car rental market, Car Rental Service Providers In Egypt, Car Rentals In Egypt, Egypt Bike Aggregator Market, Egypt Bike-Taxi Service Market, Egypt Car Pooling Market, Egypt Car Rental Market, Egypt Car Rental Offline Channels, Egypt Car Rental Pick-Up Market, Egypt Self-Driven Market, Existing Car Rental Companies In Egypt, Hiring Car Rental Market Egypt, Luxury Car Rental Market Size, New Entrants In Egypt Car Rental Market, Number Of New Car Sales In Egypt, Online Car Rental Service Market Egypt, opportunities in car rental industry, Rent A Car In Egypt, Self-Drive Cars For Hire In Egypt, Total Car Rental Users In Egypt, Vehicle Rental Companies In Egypt