CAGR for Car Rental & Leasing Market in Qatar Assessed at 8.1% (2017-2025) by Goldstein Research

According to Goldstein Research, Qatar car rental & leasing market is anticipated to expand at a CAGR of 8.1% during the forecast period, 2017-2025. Qatar is experiencing a strong market for car rental & leasing due to high fleet sales & rent-a-car to the increasing number of tourists in the region. The total number of tourists in the GCC region is growing at a CAGR of 5.7% during the 2017-2025 forecast period. Qatar majorly accounts for small to medium enterprises (SMEs) in the car rental market. Moreover, the low cost of carpooling in Qatar i.e. QR5 per passenger and faster commutation has increased the demand of car rental services. Further based on rental type segmentation, chauffeur drive or taxi services segment acquired major market share i.e. 53% in 2017. Whereas, the self-driving segment is growing at fastest CAGR of 10.2% during the forecast period (2017-2025).

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Market Segmentation

On the basis of our in-depth analysis, Qatar Car Rental & Leasing Market can 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
  • App-based car rental services
  • Telephonic car rental services
  • Web-Based Car Rental Services
• Offline Bookings

Analysis of Car Rental & Leasing Market in Qatar by Goldstein Research contains a detailed overview of the Qatar car rental & leasing market. The report highlights the competitive outlook of major Qatar 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 Qatar car rental & leasing market discussed in the report are: Hertz Corporation, Sixt, Avis Corporation Regency, 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.

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