If you want to go for ride in Dubai, opt for best car rental instead of asking a friend for a ride. Car lease in Dubai is affordable. This is one of the factors why it is worth hiring a car in Dubai.
Car rental services refer to the ability of renting automobiles at a cost for short duration of time. Renting a car brings you benefits and is a more cost effective option if you want to reach a destination on time or if you have pre-defined traveling schedule. If you are going to travel with a group in Dubai, then opt for long term car rental in Dubai, and enjoy a comfortable traveling experience without any worries. The services are designed to help individuals and travelers who do not own private vehicles. These are a benefit to those people who car has been damaged or for those whose car is temporary under repairs.
Global Car Rental Market Size
The global car rental market rental market size is expected to reach USD 167.69 billion by 2027, expanding at a CAGR of 7.4%, during the forecast period of 2021-2026. The growth is attributable due to the increase in automotive production on a global basis. Consumer preferences over luxury and hybrid vehicles with advanced technology are also some factors that have resulted in the significant growth.
There are many factors that contributed to growth of the car rental industry
- Significant progress in the travel and tourism industry
- Rising urban population and pollution levels with growing inclination toward adventure and travel
- Implementation of favorable government policies
- Increasing awareness regarding environment conservation
- Adoption of car rental management software
- Introduction of car rental services through websites
- Introduction of services through smartphone-based applications
The recent market report from GLOBE NEWSWIRE segments the market based on booking type, rental length, vehicle type, application, end user and region.
Based on booking type, the market can be segmented into offline booking and online booking. By rental length, the market is divided into short term and long term. Based on vehicle type, the market is divided into: executive, economy, luxury, SUVs, and others. By application, the market can be segmented into leisure/tourism and business. Key players operating in the market includes Avis Budget Group, Inc., Carzonrent India Private Limited, Sixt SE, Enterprise Holdings, Inc, Localize, Europcar, Eco rent a car, Enterprise Rent-A-Car, The Hertz Corporation. By geography, the global market is segmented into United States Canada, Asia Pacific, Japan United Kingdom, Middle East and Africa, Germany. North America is dominating the car rental market
If you are planning a personal or business trip, you can check out car rental services. When it comes to choosing the best car rental in Dubai, then make sure to choose the service delivery and expertise possessed by BetterCar Rental.