The MENA car rental services market accounted to US$ 1.7 Bn in 2018 and is expected to grow at a CAGR of 5.5% during the forecast period 2019 – 2027, to account to US$ 2.8 Bn by 2027. The MENA Car Rental Service market is growing along with the Automotive and Transportation industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
The car rental industry has been experiencing noteworthy changes pertaining to technological advances along with significant changes in customer behavior and preference. Technological advancements allow car rental service providers to introduce innovative products and services to meet the continuously evolving customer needs. The consumer behavior toward the use of cars has been shifting over the past few years through car rental and car-sharing services.
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MENA Car Rental Service Market – Key Companies Profiled
- Avis Budget Group, Inc.
- Europcar Mobility Group S.A.
- AB Car Rental Bonaire
- DriveNow GmbH & Co. KG
- Green Motion
- Sixt SE
- The Hertz Corporation
- National Car Rental (Enterprise Holdings)
- ALD Automotive
- Arval BNP Paribas Group
- Athlon International
- Elite Rent-a-Car
- Indigo Car Hire
MENA CAR RENTAL SERVICES MARKET SEGMENTATION
MENA Car Rental Services Market – By Rental Location
- On Airport & Train Station
MENA Car Rental Services Market – By Cab Category
- Mini & Economy
- Compact & Intermediate
- Full Size
MENA Car Rental Services Market – By Customer Type
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the MENA Car Rental Service market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the MENA Car Rental Service market segments and regions.
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The research on the MENA Car Rental Service market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the MENA Car Rental Service market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the MENA Car Rental Service market.
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