UAE Rent a Car Market Trends set to witness Explosive growth by 2028

UAE Rent a Car Market Overview:

According to MarkNtel Advisors study the UAE Rent a Car Market is projected to register around 8.9% CAGR during the forecast period, i.e., 2023-28. Most of the market expansion would be driven by the growing focus of the UAE government on the economic diversification away from the oil gas sector, i.e., portraying massive expenditure on the tourism sector to attract tourists, pilgrims, and migrants to the country. As a result, the demand for car rental services for local commute is increasing swiftly across the country and driving the UAE Rent a Car Market.

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Scope of the UAE Rent a Car Market Report Segmentation

-By Type of Car

Economy
SUV
Multi Utility Vehicle
Luxury

-By Application

Leisure
Commercial

-By Drive Type

Self-Driving
Chauffeur

-By Booking Type

Offline
Online

-By Usage

Local
Airport
Outstation

-By Rental Duration

Short Term
Long Term

For more detailed information about the UAE Rent a Car market report, click here – https://www.marknteladvisors.com/research-library/uae-rent-a-car-market.html

Geographical analysis:

-By Region

Dubai
Abu Dhabi Al Ain
Sharjah Northern Emirates

In the UAE, the Dubai Rent a Car Market is projected to be the largest during 2023-28. It attributes principally to the city being a prominent area of attraction with a massive influx of tourists, pilgrims, migrants, and corporates, among others, i.e., making a positive influence on the demand for rental cars for local commute. Additionally, favorable policies opportunities are attracting numerous car rental companies to establish their corporate offices in the city. Hence, these aspects are demonstrating a burgeoning demand for car rental services in Dubai while generating growth prospects for the UAE Rent a Car Market through 2028.

Current Landscape of UAE Rent a Car Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the UAE Rent a Car market. The research report profiles major players, including

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Thrifty
Hertz
Emirates Transport
Massar Solutions
Sixt Rent a Car
Fast rent a car
Kayak
Europcar
Avis Rent a Car
Dollar Rent a Car
Others

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