UAE car rental and leasing industry is expected to flourish with a revenue of more than AED 3 Bn by 2025- will the development of business environment help the market to achieve its targeted growth? 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 Entry of new domestic and global companies in the car leasing space to lead the growth of fleet size to meet the rising demand of the customers, as per a report by Ken Research 1. The UAE Car Rental and Leasing Industry is a highly unorganized industry that is home to several car rental and leasing companies- 60-70% are Small Fleet Operators. Other Challenges in UAE Car Rental And Leasing Market 100+ players with majority of the players around Dubai, Abu Dhabi, Sharjah and Fujariah. Includes companies such as Butterfly rental, 111 Rent a Car LLC, 24*7 Car Rental. Prefer non commercial locations for opening up rental space to cater especially to local demand. Has majorly On spot booking option only. Strong competition from aggregator based platforms which have been expanding rapidly. Customers are directly able to compare price of the SFOs with that of players on aggregators’ portals, resulting in lower translation into sales. 2. Operating model of car rental companies in UAE– Cars are being majorly rented out on-airport locations by customers. Interested to Know More about this Report, Request for the sample report Car rental companies charge a premium price for on-airport locations as compared to off-airport locations. Consumers can Book a car via web or direct app/ aggregator app or call/ kiosk mostly for a period of 3-5 days. 80-90% of Fleet sourced on Financial Lease basis at approx. 1.5%. Used cars sold at an average of 40% of the original car value after 3 years (depreciation considered as 40-45% in 3 years). Used Cars are auctioned offline or via online auto classified platforms. 3. Car Rental Demand in the UAE is driven by Economy Segment majorly being rented for 0-1 months. Visit This link :- Request for custom report Economy class segment are the most preferred rental option as they are more fuel efficient and cost effective. On an average, a rental car in the UAE costs AED 175 per day excluding fuel which is incurred by customer at unlimited mileage. SUV class segment are rented majorly by families as they have more seating space and luggage space. Luxury cars are rented by corporate majorly for business related travel. Rental services are hired for a short rental plan of hourly, daily and weekly duration from Airport as well as outside Airport locations. Tags: AutoRent Market Capture, Budget car hire industry UAE, Challenges in Car Rental Market UAE, Competitors in UAE 4-wheeler rental Market, Diamond Lease Revenue Growth, Electric Car leasing Sector UAE, Emerging Players in UAE car lending Market, Emirates Transport Market Share, Europcar Dubai Market Outlook, Franchise Model Car Rental Market UAE, Funds Raised Car hire Startups UAE, Hertz Corporation Revenue Model, KSA Car Reservation Market, Leading Players leased cars UAE, Leaseplan Market Share, Long term car leasing Agencies UAE, Luxury car hire industry UAE, Major Independent Limousine rental UAE, Major Players in UAE Leasing Industry, Massar Car Rental Investment, National Car Rental Market Share, Number of Auto Spare Parts manufacturer UAE, Number of Car Aggregators in UAE, Number of Car Dealers in UAE, Number of Car Repair Mechanics UAE, Number of Car Repair stores UAE, Number of Cars Rental UAE, Number of Cars rented annually UAE, Number of Independent Garages UAE, Number of Multi Brand Rental Companies UAE, Number of New Passenger Cars UAE, Number of OEMs in UAE, Number of Per Day Cars booked UAE, Number of Pre-Warranty Cars UAE, Number of Second-Hand Cars UAE, Number of tourism Car Hire UAE, Opportunities in UAE Limousine rental Industry, Paramount Car Rental and Leasing Market Position, Private car hire outlook UAE, Shift Rent a Car Market Position, Short term car hire Companies UAE, Technology Model Car Rental Outlook UAE, Thailand Car Leasing Market, Thailand Fast Car Rental Market, Thailand Limousine Rental Market, Thrifty Rent a Car Market Revenue, Top 5 Funded UAE Car Leasing Startups, Top Car hire Sector UAE, Trends in Car leasing Sector UAE, UAE 4-Wheeler Leasing Market, UAE Automobile Rental Thailand, UAE Car Hire Thailand, UAE Car Rental Industry Investment, UAE Car Rental Market, UAE Commercial Vehicle Rental Market, UAE Independent Car Rental market UAE, UAE Multi Brand Car Rentals Sector, UAE offline car rental Market, UAE online car rental Market, UAE Organized Car Rental Market, UAE Self-drive car lease Industry, UAE Unorganized Car Rental Market