6 6 © TechSci Research Automotive Review Period 2017 – 2020 Base Year 2021 Estimated Year 2022 Forecast Period 2023 – 2027 Year Range Truck rental refers to the use of trucks for a short period of time and is often priced based on daily use . Truck rental is also referred to as short - term leasing . Truck leasing is held for a longer duration than a rental service, typically over three to five years, and it allows customers to make a monthly payment to use the trucks . Market Segmentation BOOKING • Online • Offline • Finance Lease • Full Service/Rental LEASE TYPE TRUCK TYPE • Heavy Duty • Medium Duty Scope of Report Service of Interest (SOI): Truck Leasing and Rental END USE INDUSTRY • Oil & Gas • FMCG • E - Commerce • Mining • Construction • Others REGION • Western Region • Northern and Central Region • Eastern Region • Southern Region Saudi Arabia Truck Leasing and Rental Market