What is the current Middle East Car Rental Market size?

The Middle East Car Rental Market is projected to register a CAGR of 10.42% during the forecast period (2024-2029) Read More

Who are the key players in Middle East Car Rental Market?

Avis Budget Group Inc., Hertz Corp., Enterprise Holdings Inc., Fast Rent a Car and Sixt SE are the major companies operating in the Middle East Car Rental Market. Read More

What years does this Middle East Car Rental Market cover?

The report covers the Middle East Car Rental Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Middle East Car Rental Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Middle East Car Rental Market - Companies, Industry Growth & Size

Middle East Car Rental Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Market Report Covers Middle East Car Rentals Companies and is Segmented by booking type (online booking and offline booking), application type (leisure/tourism and daily utility), vehicle type (economy cars and luxury cars), end-user type (self-driven and chauffeur), and country (Saudi Arabia, Kuwait, United Arab Emirates, Qatar, and rest of Middle-East). The market size and forecasts for GCC Car Rental are provided in terms of value (USD million) for all the above segments.

Middle East Car Rental Industry Overview

The Middle-East Car Rental Market is moderately consolidated with international and regional players such as Avis Budget Group Inc, SIXT, Hertz Corp, Theeb Rent A Car, Enterprise Holdings Inc, and others. The major rental companies are making joint ventures and partnerships to launch newer products and include an edge over their competitors.

In December 2022, at its newly constructed facility in the Khalifa Economic Zones Abu Dhabi ("KEZAD"), NWTN Inc. announced that it had delivered 20 range-extended electric vehicles (R-EVs) to M93 Car Rental L.L.C. The delivery marks the beginning of NWTN's strategy to promote the UAE's transition to sustainable energy by offering various cutting-edge products and services to the market.
November 2022: Theeb Rent added another 2,000 vehicles to its fleet, bringing the number of cars available for short-term rental to about 10,500 with economic models from Hyundai, Toyota, Nissan, Ford, Kia, and Chevrolet.