Bahrain Car Rental Market Outlook to 2027F: Ken Research

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What Is the Size of Bahrain Car Rental Industry?

Bahrain Car Rental market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027F. The Bahrain Car Rental Market is largely driven by favorable government policies and rising tourism in the country. Bahrain’s keenness to develop the ICT infrastructure and adopt many initiatives and projects to improve the readiness and security of information, in a way that enhances its advanced world-standard digital infrastructure and contributes to protecting its cybersecurity. The Kingdom is one of the leading countries in the region in the field of cybersecurity. It has launched the necessary initiatives and set up the basic rules of cybersecurity to put in place a robust and sustainable electronic environment.

The new infrastructure plans by government, will work to improve air quality and reduce traffic in the Kingdom. According to a study conducted by Pub Med Central, Bahrain has a high annual concentration of PM 2.5, and now citizens are starting to become aware to the health risks associated with air quality. According to UN Environment, reducing emissions from transport is a critical factor in decreasing air pollution in the Kingdom of Bahrain. Transport in Bahrain relies heavily on roads, with private cars being the most dominant mode of transportation, which is expected to fuel the car rental market in Bahrain.

Bahrain Car rental Market by Market Structure

The Bahrain Car Rental market is segmented by market structure into organized and unorganized market. There is a preference towards the organized sector as most of the tourists look for legal documents and certifications of the vehicle to avoid security patrolling for safety measures.

Bahrain Car rental Market by Type of Vehicles

The Bahrain Car Rental market is segmented by type of vehicles into small cars/ hatchbacks, sedans, SUVs and others. The SUV has the highest market share among other types of vehicles in the Bahrain Car Rental Market in 2022.

Bahrain Car rental Market by End-user type

The Bahrain Car Rental market is segmented by End-User into Self-Driven and Chauffeur. There is a preference towards the Self-Driven vehicles as they getting popular and still chauffeur still hold the most of the market share.

Bahrain Car rental Market by Vehicle type

The Bahrain Car Rental market is segmented by Vehicle type into Economy Cars and Luxury Cars. Economy cars segment dominates the Bahrain Car rental market in 2022.

Bahrain Car rental Market by mode of booking

The Bahrain Car Rental market is segmented by mode of booking into online and offline. Online mode of booking is more as compare to offline as it is quick and have more options. Also, tourist from other countries who don’t know to location can also easily book their cars online.

Key Segments Covered in the report:-

Bahrain Car Rental Market

By Type of Market Structure  

Organized Channel

Unorganized Channel

By Type Of Car

Sedan

Hatchback

SUV

Van

Crossover

Others

By Booking type

Online booking

Offline booking

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By End User Type

Self-driven

Chauffeur

By Vehicle Type

Economy cars

Luxury cars

Key Target Audience

Car Rental Dealers

Car Rental Equipment Manufacturers and Distributors

Auto Portals

Online Dealers

Car Booking offices

Unauthorized Dealers

Market Research and Consulting Firms

Automotive Companies

Car Renting Companies

Tourism Agencies

Government Bodies & Regulating Authorities

Time Period Captured in the Report:-

Historical Period: 2017-2022P

Base Period: 2022P

Forecast Period: 2022P-2027F

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Companies Covered:-

Leading companies

Montreal Motors Co.

SPC

National Car Rental Bahrain

Kanoo Daily Rental

Hanco

Avis Corporation Regency

Rent- A- Car

Fast Rent A Car

City Car

Budget Bahrain

Sixt SE

Al Sayer

Europcar

Key Topics Covered in the Report:-

Executive Summary

Overview for Vehicle Renting Industry in Bahrain

Ecosystem for Bahrain Vehicle Renting Market

Value Chain Analysis for Bahrain Vehicle Renting Market

Market Size of Bahrain Vehicle Renting Industry

Market size for Bahrain Vehicle Renting Industry on the basis of Value and Number of Fleet, 2017-2022

Bahrain Vehicle Renting Industry Segmentation, 2022

Porter’s Five Forces Analysis of Bahrain Vehicle Renting Market

Growth Enablers in Bahrain Vehicle Renting Market

Trends and Developments in Bahrain Vehicle Renting Market

Issues and Challenges in Bahrain Vehicle Renting Market

Government Regulations and Initiatives

End-User Analysis in Bahrain Vehicle Renting Industry, 2022

Cross Comparison between different End Users

Competitive Landscape in Bahrain Vehicle Renting Industry

Marketing Strategies by some Vehicle Renting Companies

Future Outlook and Projections of the Bahrain Vehicle Renting Industry, 2022-2027F

Analyst Recommendations

Industry Speaks

Research Methodology

For more insights on the market intelligence, refer to below link:-

Bahrain Car Rental Market

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Netherlands Car Rental market Outlook to 2027F

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