Saudi Arabia Leasing Market Future Outlook: Forecast until 2028

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Saudi Arabia Leasing Market"

TechSci Research's report titled "Saudi Arabia Leasing Market - Industry Size, Share, Trends, Competition, Opportunities, and Forecast, 2018-2028F" anticipates significant growth in the Saudi Arabian leasing market fueled by factors such as the increasing convenience of online leasing platforms, heightened domestic investment, and attractive offers by lending institutions.

Saudi Arabia's economy heavily relies on the oil and gas sector for revenue generation. However, to reduce dependence on this sector, the government has introduced initiatives like the Saudi Vision 2030 National Transformation Program, aiming to diversify revenue sources and enhance infrastructure development. Projects such as the Red Sea Tourism Project, Qiddiya Entertainment City, and Riyadh Metro are expected to boost demand for construction equipment rental services.

Techsci Report: https://www.techsciresearch.com/report/saudi-arabia-leasing-market/14472.html 

The National Infrastructure Fund (NIF) supports ongoing infrastructure development initiatives, attracting foreign investment. Additionally, stringent government measures and awareness programs promoting leasing further propel market growth.

Report Scope:

In this report, the Saudi Arabia Leasing market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Saudi Arabia Leasing Market, By Lease Type:

• Commercial vehicle lease
• Heavy equipment lease
• Plant and machinery lease
• Real estate lease

•         Saudi Arabia Leasing Market, By Provider Type:

o   Financial companies

o   Non-financial companies

•         Saudi Arabia Leasing Market, By Tenure Period:

o   Less than 2 years

o   2- 5 years

o   More than 5 years

•         Saudi Arabia Leasing Market, By End User:

o   Logistics/Transport

o   FMCG

o   E-commerce

o   Retail

o   Industries

o   Construction

o   Government sector

o   Others

•         Saudi Arabia Leasing Market, By Region:

o   Western

o   Central

o   Southern

o   Eastern

o   Northern

The Saudi Arabia leasing market is segmented by lease type, provider type, tenure period, end user, regional distribution, and competitive landscape. Commercial vehicle lease dominates, driven by businesses preferring rental or lease options over purchasing trucks for transportation needs, thereby reducing maintenance costs.

Leading market players operating in the Saudi Arabia Leasing market are:

• Yanal Finance Company
• Gulf Lifting Financial Leasing Company
• AJIL Financial Services Company
• Al Yusr Leasing & Financing Co
• Gulf Finance Company
• GuidanceATEL Equipment Support Company Limited
• United International Transportation Co. (Budget Saudi)
• Al Arabi Heavy Equipment Lease Company
• Kirnaf Co.
• Saudi Fransi Lease Finance Company

Download Free Sample Report: https://www.techsciresearch.com/report/saudi-arabia-leasing-market/14472.html 

Customers can also request for 10% free customization on this report.

Financial companies, backed by government banks, dominate the provider segment due to their tendency to lend to established businesses with strong balance sheets. Non-bank financial institutions cater to small and medium-sized enterprises lacking access to medium- to long-term loans. Online portals, like the E-Finance Portal launched by The Small & Medium Enterprises General Authority (SMEA) and Al Yusr Leasing & Financing Co., facilitate access to financing options.

Mr. Karan Chechi, Research Director at TechSci Research, underscores factors such as government investment in construction activities, the presence of international companies, tax benefits, and the proliferation of online platforms driving market growth.

The report "Saudi Arabia Leasing Market by Lease Type, Provider Type, Tenure Period, End User, Region, Competition Forecast & Opportunities, 2028F" provides comprehensive analysis and insights to facilitate informed investment decisions. It also identifies emerging trends, drivers, challenges, and opportunities in the Saudi Arabian leasing market.

Get a Free Sample Report Now: https://www.techsciresearch.com/report/saudi-arabia-leasing-market/14472.html 

Contact Us

TechSci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States - 10170

M: +13322586602

Email: [email protected]

Website: www.techsciresearch.com