Car Rental & Leasing in Saudi Arabia- Increasing Tourist Arrival tends to Keep Market Growth Steady

According to Goldstein Research, Saudi Arabia car rental & leasing market is anticipated to expand at a CAGR of 5.5% during the forecast period, 2017-2025. Saudi Arabia has huge tourism sector, with a large number of tourists arriving for religious affairs i.e. Hajj & Umrah. Also, the region has high ownership of cars, but the rental & leasing services are growing only among the leisure, religious & business tourists. The market still has a long way to capture the local population. Across the region, the market players are heavily investing for expansion and thus offering a wide range of services to penetrate into a larger segment of the population. Further based on rental type segmentation, chauffeur drive or taxi services segment acquired a major share in Saudi Arabia car rental & leasing market i.e. 38% in 2017.
For market research on car rental in Saudi Arabia, visit:
https://www.goldsteinresearch.com/report/saudi-arabia-car-rental-market
Market Segmentation
On the basis of our in-depth analysis, Saudi Arabia Car Rental & Leasing Marketcan be segmented as follows:
By Rental Type
• Chauffeur Drive
• Special Events
• Self-Driving
• Business Rental
By Services Type
• Interstate Services
• Intrastate Services
• Airport Transfers
By Vehicles Type
• Luxury Cars
• Executive Cars
• Economy Cars
• Sports Utility Vehicles
• Multi Utility Vehicles
By Mode of Booking
• Online Bookings
o App-based car rental services
o Telephonic car rental services
o Web-Based Car Rental Services
• Offline Bookings

“Saudi Arabia Car Rental & Leasing Market Report 2025” by Goldstein Research contains detailed overview of the Saudi Arabia car rental & leasing market. The report highlights the competitive outlook of major Saudi Arabia players that includes business strategies, product portfolio, revenue distribution, financial analysis, services innovations and investments. The in-depth analysis of car rental & leasing market report will help the clients to assess their business strategies as per the competitive environment in the market space.Major players of the Saudi Arabia car rental & leasing market discussed in the report are: Hertz Corporation, Sixt, Avis Corporation Regency, Strong car rental, Auto rent, Market Rent- A- Car, Al- Mulla, Fast Rent-A-Car, City Car, Al Sayer, Europcar, etc.
Further, the Report encompasses the major trends & growth opportunities, market dynamics and other growth factors. It also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
Get market report sample @ https://www.goldsteinresearch.com/request-sample/saudi-arabia-car-rental-market

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.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.
Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on global automotive industry analysis report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Goldstein Research
99 Wall Street, Suite No 527
Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: +1-437-886-1181
UK: +44-203-318-6627
sales@goldsteinresearch.com
www.goldsteinresearch.com

This release was published on openPR.