Growing trending Activities Fuel Demand in the UAE Rent a Car Market Forecast 2027

UAE Rent a Car Market Overview:

According to MarkNtel Advisors study the UAE Tire Market is projected to grow at around 3.8% CAGR during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by the burgeoning vehicle sales owing to improving per capita income living standards, vehicles becoming a status symbol, surging number of private vehicle ownership, and an escalating number of female drivers across the UAE.

Key Driver: Stringent Safety Regulations by the UAE Government for Vehicle Tire Maintenance

Since the number of road accidents is rising at a concerning rate, the government of the UAE is imposing stringent regulations for vehicles owners to timely inspect the condition of their vehicles tires and provide necessary them with replacements whenever required. These measures are principally to reduce eliminate the possibilities of accidents in the future, which, in turn, would fuel the sales of tires and drive the UAE Tire Market in the coming years.

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Scope of the UAE Rent a Car Market Report Segmentation

-By Type of Vehicles

Passenger Car
Light Commercial Vehicle
Buses and Trucks
Economy and Heavy Commercial Vehicles
Off the Road (OTR)
Two Wheelers

-By Demand Category

OEM
Replacement

-By Type of Tire

Radial
Bias

-By Sales Channel

Dealer/Exclusive Outlets
Online
Others

-By Season

All season
Summer

-By Price Category

Budget
Economy
Premium

-By Rim Diameter

Up to 12”
1” to 15”
1.” to 18”
1” to 20”
1” to 22.5”
6” to 26”
1” to 35”
1” to 47”
Above 47”

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

Geographical analysis:

-By Region

Ras-al-Khaimah
Dubai
Abu Dhabi
Sharjah
Others

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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Continental
Bridgestone
Yokohama
Hankook
Goodyear
Michelin
Kumho
Pirelli
Sumitomo
Toyo

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