Saudi Arabia truck leasing & rental market is expected to grow at an impressive rate during the forecast period. Robust development of logistics sector and preferential shift of organizations to take truck leasing and rental services at the time of need. Saudi Arabia leading authorities to drive the burden of economy from oil sector as of Saudi’s Vision 2030 to other economy generating industries. Establishment of plethora of industries and infrastructural development for generation of income is fueling the demand for availing transportation services. Upcoming airport and seaport expansion projects is accelerating the demand for logistics industry thereby fostering the truck leasing and rental services market in Saudi Arabia. Expansion of the tourism industry in Saudi Arabia is on rise. Government initiatives to provide best hospitality and tourism services to foreign tourists in order to influence the economy by launching mega projects such as red sea development is boosting the truck leasing and rental services market in the region. Also, the introduction of e-visa to attract tourists from 49 countries for reasons other than medical and religious tourism is attributing to high market demand for the upcoming five years.

The Saudi Arabia truck leasing & rental market is segmented based on vehicle type, truck type, application, booking, regional distribution, company.  Based on regional analysis, northern and central region is expected to dominate the market for the forecast period, 2022-2026. Presence of huge density of working population and rise of disposable income is increasing the expenditure capacity of consumers. Launch of upcoming infrastructural developmental projects is creating the need to rent truck for transportation of raw materials from one place to another.

The major players operating on Saudi Arabia truck leasing & rental market are United International Transportation Co., Fraikin Dayim Truck Rental Ltd, Saudi ORIX Leasing Company, Al-Jazira Equipment Company (Auto World) {SIXT}, AII A. AL AYED TRANSPORT EST, Alkhateeb Logistic and Port Service Co. Ltd., Al Shaheen Transportation Group, Trukkin, Telgani, Neeraan International, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze and estimate the market size of Saudi Arabia truck leasing & rental market from 2016 to 2019.
  • To estimate and forecast the market size of Saudi Arabia truck leasing & rental market from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast Saudi Arabia truck leasing & rental market based on lease type, truck type, application, booking, region, and company.
  • To identify dominant region or segment in the Saudi Arabia truck leasing & rental market.
  • To identify drivers and challenges for Saudi Arabia truck leasing & rental market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia truck leasing & rental market.
  • To identify and analyze the profile of leading players operating in Saudi Arabia truck leasing & rental market.
  • To identify key sustainable strategies adopted by market players in Saudi Arabia truck leasing & rental market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Saudi Arabia truck leasing & rental market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research. 

Key Target Audience:

  • Truck leasing and rental service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to truck leasing & rental market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

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

  • Saudi Arabia Truck Leasing & Rental Market, By Lease Type:
    • Finance Lease
    • Full Service/Rental
  • Saudi Arabia Truck Leasing & Rental Market, By Truck Type:
    • Heavy Duty
    • Medium Duty
  • Saudi Arabia Truck Leasing & Rental Market, By Application:
    • Personal
    • Commercial
  • Saudi Arabia Truck Leasing & Rental Market, By Booking:
    • Online
    • Offline
  • Saudi Arabia Truck Leasing & Rental Market, By Region:

o   Western Region

o   Northern & Central Region

o   Eastern Region

o   Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia truck leasing & rental market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Saudi Arabia truck leasing & rental market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.     Introduction

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Factors Influencing Decision Making

4.2.  Customer Satisfaction

4.3.  Brand Recall

5.    Impact of COVID -19 on Saudi Arabia Truck Leasing & Rental Market

6.       Saudi Arabia Truck Market Overview

7.    Saudi Arabia Truck Leasing & Rental Market Overview

8.    Saudi Arabia Truck Leasing & Rental Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value (USD)

8.2.  Market Share & Forecast

8.2.1.     By Lease Type (Finance Lease, Full Service/Rental)

8.2.2.     By Truck Type (Heavy Duty, Medium Duty)

8.2.3.     By Application (Personal, Commercial)

8.2.4.     By Booking (Online, Offline)

8.2.5.        By Region (Western Region, Northern & Central Region, Eastern Region, Southern Region)

8.2.6.        By Company (2020)   

8.3.  Market Map

9.    Saudi Arabia Truck Finance Lease Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Truck Type

9.2.2.     By Application

9.2.3.     By Booking

10.  Saudi Arabia Truck Full Rental Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Truck Type

10.2.2.  By Application

10.2.3.  By Booking

11.  Market Dynamics

11.1.              Drivers/Opportunities

11.2.              Challenges/Restraints

12.  Market Trends & Developments

13.  Policy & Regulatory Landscape

14.  Saudi Arabia Economic Profile

15.  Competitive Landscape

15.1.              Company Profiles

15.1.1.  United International Transportation Co.

15.1.2.  Fraikin Dayim Truck Rental Ltd

15.1.3.  Saudi ORIX Leasing Company

15.1.4.  Al-Jazira Equipment Company (Auto World) {SIXT}

15.1.5.  AII A. AL AYED TRANSPORT EST.

15.1.6.  Alkhateeb Logistic and Port Service Co. Ltd.

15.1.7.  Al Shaheen Transportation Group

15.1.8.  Trukkin

15.1.9.  Telgani

15.1.10.                Neeraan International

16.  Strategic Recommendations

 17.  About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]