9 9 © TechSci Research Automotive Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the Saudi Arabia truck leasing and rental market . The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing demand from logistics and construction activities . The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the Saudi Arabia truck leasing and rental market . Methodology Followed for Calculation of Market Size : • Market Size by Value : Market size, in terms of value, for the year 2021 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as truck leasing and rental companies , channel partners, market influencers and end users, industry experts, and other industry participants . • The team interviewed 15 truck leasing and rental companies , 100 end users, and 20 industry experts and other value chain stakeholders in the Saudi Arabia truck leasing and rental market to obtain the overall market size from 2017 to 2021 , which was validated by the Delphi technique . • Respondents were asked about the current and future market growth rates, market shares by lease type, by truck type, by end use industry, by booking, by company and by region . Removing the outlier responses, the geometric mean of growth estimates Research Methodology
Saudi Arabia Truck Leasing and Rental Market 2027 Page 8 Page 10