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2020-03-24
771
Bahrain
Car rental and leasing industry in the Bahrain is secured closely to commercial benefits. Since departing the recession, service industries in the region benefitted from an arrival of emigrant workers to satisfy the building boom. Moreover, tourist arrivals in the GCC are estimated to grow at a CAGR of 5.7% during 2017-2030, thus augmenting the growth of car rental and travel firms business in the Bahrain. The estimates and assurance in the worth generated in the tourism sector have led to ample progress in the hotel and luxury vehicle rental business.
Goldstein Market Intelligence analyst forecast Bahrain car rental & leasing market is anticipated to grow at a CAGR of 8.7% thriugh the forecast period (2017-2030) owing to rise in domestic and international tourists within the Gulf region, compounded by the amplified passenger flow at airports is a key factor moving the growth of the market.
By Rental Type
Based on the rental type chauffeur drive or taxi services acquired the largest share of more than 48% share in Bahrain car rental and leasing market. On the other hand, self-driving segment is likely to be the fastest growing segment, which is expected to grow at a CAGR of 8.2% over the forecast period.
By Services Type
By Vehicles Type
By Mode of Booking
The report covers the present ground scenario and the future growth prospects of the car rental & leasing for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in all major regions. Bahrain car rental & leasing market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.
Bahrain Car Rental & Leasing Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Bahrain car rental & leasing market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Bahrain Car Rental & Leasing Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.
Our Bahrain Car Rental & Leasing Market Report comprises of the following companies as the key players:
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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