Future Forward: Key Trends and Projections for the UAE Rent a Car Market 2027
UAE Rent a Car Market Overview:
According to MarkNtel Advisors study the UAE Tire Market is projected to grow at around 3.8% CAGR during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by the burgeoning vehicle sales owing to improving per capita income & living standards, vehicles becoming a status symbol, surging number of private vehicle ownership, and an escalating number of female drivers across the UAE.
Key Driver: Stringent Safety Regulations by the UAE Government for Vehicle & Tire Maintenance
Since the number of road accidents is rising at a concerning rate, the government of the UAE is imposing stringent regulations for vehicles owners to timely inspect the condition of their vehicles & tires and provide necessary them with replacements whenever required. These measures are principally to reduce & eliminate the possibilities of accidents in the future, which, in turn, would fuel the sales of tires and drive the UAE Tire Market in the coming years.
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Scope of the UAE Rent a Car Market Report Segmentation
-By Type of Vehicles
- Passenger Car
- Light Commercial Vehicle
- Buses and Trucks
- Economy and Heavy Commercial Vehicles
- Off the Road (OTR)
- Two Wheelers
-By Demand Category
- OEM
- Replacement
-By Type of Tire
- Radial
- Bias
-By Sales Channel
- Dealer/Exclusive Outlets
- Online
- Others
-By Season
- All season
- Summer
-By Price Category
- Budget
- Economy
- Premium
-By Rim Diameter
- Up to 12”
- 1” to 15”
- 1.” to 18”
- 1” to 20”
- 1” to 22.5”
- 6” to 26”
- 1” to 35”
- 1” to 47”
- Above 47”
For more detailed information about the UAE Rent a Car market report, click here – https://www.marknteladvisors.com/research-library/uae-tire-market-analysis.html
Geographical analysis:
-By Region
- Ras-al-Khaimah
- Dubai
- Abu Dhabi
- Sharjah
- Others
Current Landscape of UAE Rent a Car Market
The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the UAE Rent a Car market. The research report profiles major players, including
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- Continental
- Bridgestone
- Yokohama
- Hankook
- Goodyear
- Michelin
- Kumho
- Pirelli
- Sumitomo
- Toyo
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