CAGR for Car Rental & Leasing Market in UAE Assessed at 9% (2017–2025) by Goldstein Research

According to Goldstein Research, UAE car rental & leasing market is anticipated to expand at a CAGR of more than9% during the forecast period, 2017–2025. Car rental & leasing market is expanding in UAE on the back of hiking international tourism in the region. Although the region accounts for high car ownership, leisure & business tourists are majorly driving the market. Moreover, a large number of travelers in the region are inclining towards renting/leasing a car rather than just owning one. The high investments from the market players in the UAE region is further anticipated to propel the growth of the market in near future. Further based on rental type segmentation, chauffeur drive or taxi services segment acquired the major share in UAE car rental & leasing market i.e. 45% in 2017. Whereas, a self-driving segment is growing at the fastest CAGR of 12.4% during the forecast period (2017–2025).

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  • Special Events
  • Self-Driving
  • Business Rental
  • Intrastate Services
  • Airport Transfers
  • Executive Cars
  • Economy Cars
  • Sports Utility Vehicles
  • Multi Utility Vehicles
  • App-based car rental services
  • Telephonic car rental services
  • Web-Based Car Rental Services
  • Offline Bookings

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

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Goldstein Market Intelligence helping businesses to be successful at strategy and take informed decisions to grow the business in future.

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