Report Detail
MENA Car Rental Services Market to 2027 - Regional Analysis and Forecasts By Rental Location (Non Airport, and On Airport & Train Station); Cab Category (Mini & Economy, Compact & Intermediate, Standard, Full Size, Premium, Luxury, and Special); Customer Type (B2B and B2C)
- RnM3876438 |
- 07 February, 2020 |
- Global |
- 138 Pages |
- The Insight Partners |
- Other
MENA Car Rental Services Market to 2027 –Analysis and Forecasts by Rental Location (Non Airport, and On Airport & Train Station); Cab Category (Mini & Economy, Compact & Intermediate, Standard, Full Size, Premium, Luxury, and Special); Customer Type (B2B and B2C); and Country
The MENA car rental services market accounted for US$ 1.7 Bn in 2018 and is expected to grow at a CAGR of 5.5% over the forecast period 2019–2027, to account for US$ 2.8 Bn by 2027. The car rental services market is anticipated to exhibit high growth in the near future. The MENA car rental services market is mainly driven by the growing number of car rental services in the region as various established companies are focusing on providing the services to their customers. In addition, the growing spending power of the people and changing lifestyle are also powerful factors that are driving the market in the region. Growing tourism activities and constantly rising tourism budget have supported the growth of the car rental services market.
The accessibility of sufficient accommodation, entertainment, and resorts facilities represent a noteworthy competitive advantage for the region as region’s level of tourism service infrastructure measures through the number of hotel rooms complemented by the level of access to services such as car rentals. During the past few years, North African, Turkey, Saudi Arabia and UAE government is focusing on the development to increase the tourism, also, improved road infrastructure, increased disposable incomes, especially the developing countries of MENA has resulted in growing car rental services, which is further driving the market.
Furthermore, technology is also anticipated to boost the market over the forecast period. Increased adoption of technology is transforming the transportation industry and allowing operators to provide improved services to their customers. However, the introduction of car sharing or car hailing services in the MENA region, might negatively impact the revenue generated by the car rental services market.
The overall MENA car rental services market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the MENA car rental services market. It also provides the overview and forecast for the MENA car rental services market based on all the segmentation provided concerning five primary reasons such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the MENA car rental services market.
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
2. Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 3.4 Market Segmentation
- 3.4.1 MENA Car Rental Services Market, By Rental Location
- 3.4.2 MENA Car Rental Services Market, By Cab Category
- 3.4.3 MENA Car Rental Services Market, By Customer Type
- 3.4.4 MENA Car Rental Services Market, By Country
4. Car Rental Services Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.2.1 MENA PEST Analysis
- 4.3 Ecosystem Analysis
5. Car Rental Services Market – Key Market Dynamics
- 5.1 Key Market Drivers
- 5.1.1 High cost of car ownership as compared to car rental
- 5.1.2 Increasing air-passenger traffic propelling demand for on-airport car rental services
- 5.1.3 Integration of technology-driven solutions to offer better customer services
- 5.2 Key Market Restraints
- 5.2.1 Introduction of car sharing or ride hailing service
- 5.3 Key Market Opportunities
- 5.3.1 Emergence of low-cost car rental services
- 5.4 Future Trends
- 5.4.1 Rental companies turning to new business models—car sharing schemes and corporate mobility
- 5.5 Impact Analysis of Drivers and Restraints
6. Car Rental Services Market –Market Analysis
- 6.1 Car Rental Services Market Overview
- 6.2 MENA Car Rental Services Market Forecast and Analysis
7. Car Rental Services Market Analysis – By Rental Location
- 7.1 Overview
- 7.2 Car Rental Services Market Breakdown, By Rental Location, 2018 & 2027
- 7.3 Non-Airport
- 7.3.1 Overview
- 7.3.2 Non-Airport Market Revenue and Forecast to 2027 (US$ Mn)
- 7.4 On-Airport & Train Station
- 7.4.1 Overview
- 7.4.2 On-Airport & Train Station Market Revenue and Forecast to 2027 (US$ Mn)
8. Car Rental Services Market Analysis – By Car Category
- 8.1 Overview
- 8.2 Car Rental Services Market Breakdown, By Car Category, 2018 & 2027
- 8.3 Mini & Economy
- 8.3.1 Overview
- 8.3.2 Mini & Economy Market Revenue and Forecast to 2027 (US$ Mn)
- 8.4 Compact & Intermediate
- 8.4.1 Overview
- 8.4.2 Compact & Intermediate Market Revenue and Forecast to 2027 (US$ Mn)
- 8.5 Standard
- 8.5.1 Overview
- 8.5.2 Standard Market Revenue and Forecast to 2027 (US$ Mn)
- 8.6 Full Size
- 8.6.1 Overview
- 8.6.2 Full Size Market Revenue and Forecast to 2027 (US$ Mn)
- 8.7 Premium
- 8.7.1 Overview
- 8.7.2 Premium Market Revenue and Forecast to 2027 (US$ Mn)
- 8.8 Luxury
- 8.8.1 Overview
- 8.8.2 Luxury Market Revenue and Forecast to 2027 (US$ Mn)
- 8.9 Special
- 8.9.1 Overview
- 8.9.2 Special Market Revenue and Forecast to 2027 (US$ Mn)
9. Car Rental Services Market Analysis – By Customer Type
- 9.1 Overview
- 9.2 MENA Car Rental Services Market Breakdown, by Customer Type, 2018 & 2027
- 9.3 B2B
- 9.3.1 Overview
- 9.3.2 MENA B2B Market Revenue and Forecast to 2027 (US$ Mn)
- 9.4 B2C
- 9.4.1 Overview
- 9.4.2 MENA B2C Market Revenue and Forecast to 2027 (US$ Mn)
10. MENA Car Rental Services Market Revenue and Forecast to 2027
- 10.1.1 Overview
- 10.1.1.1 North Africa Car Rental Services Market Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.1.1 North Africa Car Rental Services Market Breakdown, by Rental location
- 10.1.1.1.2 North Africa Car Rental Services Market Breakdown, by Car category
- 10.1.1.1.3 North Africa Car Rental Services Market Breakdown, by Customer type
- 10.1.1.2 Saudi Arabia Car Rental Services Market Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.2.1 Saudi Arabia Car Rental Services Market Breakdown, by Rental location
- 10.1.1.2.2 Saudi Arabia Car Rental Services Market Breakdown, by Car category
- 10.1.1.2.3 Saudi Arabia Car Rental Services Market Breakdown, by Customer type
- 10.1.1.3 UAE Car Rental Services Market Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.3.1 UAE Car Rental Services Market Breakdown, by Rental location
- 10.1.1.3.2 UAE Car Rental Services Market Breakdown, by Car category
- 10.1.1.3.3 UAE Car Rental Services Market Breakdown, by Customer type
- 10.1.1.4 Rest of MENA Car Rental Services Market Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.4.1 Rest of MENA Car Rental Services Market Breakdown, by Rental location
- 10.1.1.4.2 Rest of MENA Car Rental Services Market Breakdown, by Car category
- 10.1.1.4.3 Rest of MENA Car Rental Services Market Breakdown, by Customer type
11. Car Rental Services Market Analysis – Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 New Product Development
- 11.4 Merger and Acquisition
12. Car Rental Services Market Analysis – Key Company Profiles
- 12.1 ALAMO (Al Tayer Motors LLC)
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Avis Budget Group, Inc.
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview- Avis Budget Group, Inc.
- 12.2.5 Financial Overview- Avis Brand
- 12.2.6 Financial Overview- Budget Brand
- 12.2.7 SWOT Analysis
- 12.2.8 Key Developments
- 12.3 Europcar Mobility Group S.A.
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Auto Europe
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Budget Rent a Car System, Inc.
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Enterprise Holdings Inc.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Expedia Group
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 The Hertz Corporation
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 SIXT SE
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 Rhino Car Hire
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners
Summary:
Get latest Market Research Reports on MENA Car Rental Services . Industry analysis & Market Report on MENA Car Rental Services is a syndicated market report, published as MENA Car Rental Services Market to 2027 - Regional Analysis and Forecasts By Rental Location (Non Airport, and On Airport & Train Station); Cab Category (Mini & Economy, Compact & Intermediate, Standard, Full Size, Premium, Luxury, and Special); Customer Type (B2B and B2C). It is complete Research Study and Industry Analysis of MENA Car Rental Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
