Qatar Car Rental & Leasing Industry: Market Segmentation (By Rental Type, By Services Type, By Vehicles Type, By Mode of Booking), Market Share, Size, Outlook, Trends, Key Players & by Region with Forecast 2017-2030

Qatar Car Rental & Leasing Market Overview

Qatar has a strong car rental market atmosphere for fleet sales to rent-a-car (RAC) companies and government fleet sales. Moreover, tourist arrivals in the GCC are estimated to grow at a CAGR of 5.7% during 2017-2025, thus augmenting the growth of car rental and travel firms business in Qatar. Small to medium enterprises (SMEs) are still growing in the country. The philosophy of Uber and the likes have also transformed the way people look at owning a car. Moreover, in industrial areas of Qatar carpooling is a practical method for most commuters costing around QR5 per passenger, which is inexpensive and faster than waiting for the bus or a regular taxi. However, the number of illegitimate taxis operating in the country has amplified amidst efforts by regular Qatar-based taxi franchises to enlarge cab units and meet the rising need for additional public transportation which possessing a major challenge for the organized car rental & leasing industry. 

Goldstein Market Intelligence analyst forecast Qatar car rental & leasing market is anticipated to grow at a CAGR of 8.1% through the forecast period (2017-2030) as investments by the new and existing market players in the region is expected to upsurge in coming years to cater the huge demand for rented transportation in the region. However, some of this progression is reliant on Qatar hosting the 2022 FIFA World Cup – something which is now uncertain.

Qatar Car Rental & Leasing Market Segmentation

By Rental Type

• Chauffeur Drive
• Special Events
• Self-Driving
• Business Rental

Based on the rental type chauffeur drive or taxi services acquired the largest share of more than 53% share in Qatar 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 10.2% over the forecast period.

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

Covered In This Qatar Car Rental & Leasing Market Report       

The report covers the present ground scenario and the future growth prospects of the car rental & leasing industry in Qatar 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. Qatar car rental & leasing market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

Qatar 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 Qatar 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. “Qatar 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.

Key Market Players

Our Qatar Car Rental & Leasing Market Report comprises of the following companies as the key players:

Hertz Corporation

 Sixt

 Avis Corporation Regency

 Auto rent

 Market Rent- A- Car

 Al- Mulla

 Fast Rent A Car

City Car

Al Sayer

Europcar.

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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Key questions answered in this Qatar car rental & leasing market report

• What is the total market size by 2025 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for car rental & leasing industry in Qatar
• Develop strategies based on the latest regulatory framework
• Position yourself to gain the maximum advantage of the Qatar car rental & leasing market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy and prospects