The global car fleet leasing market is expected to grow from USD 2,123.47 million 2017 to USD 3,454.86 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 7.20%.
"Emergence of new mobility business modelsis one of the factors largely attributing to the growth of car fleet leasing market globally"
The factors attributing to the growth of the market are emergence of new mobility business models, significant investments in digitization by lease companies to create more customer-focused offerings, increasing demand of private passenger car leasing, and oems focussing aggressively on ev leasing. However, some factors such as and new standards puts burden on operational lease customers may hinder the market growth. The global car fleet leasing market is expected to showcase the opportunities such as process innovations and new technologies, hassle-free usage and fixed mobility costs, used car leasing represents significant untapped potential, and development of new mobility-as-a-service models. In the near future, the market may face the possible challenges in the growth due to protected consumer data and safer trading environments, and economy of scale. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global car fleet leasing market market.
On the basis of type, the global car fleet leasing market is studied across Closed-End Leases, Open-End Leases, Option to Buy Leases, Single Payment Leases, and Subvented Leases.
On the basis of geography, the global car fleet leasing market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
"ALD Automotive: The potential growing player for the global car fleet leasing market"
The key players profiled in the global car fleet leasing market are ALD Automotive, Arval, AutoFlex AFV, Caldwell Leasing, Car Express, Donlen Corporation, Expatride International, First Class Leasing, Glesby Marks, Jim Pattison Lease, LeasePlan, LeasePlan Corporation N.V., PRO Leasing Services, Sixt Leasing SE, TranzLease, Velcor Leasing Corporation, and Wheel, Inc..
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global car fleet leasing market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global car fleet leasing market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global car fleet leasing market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global car fleet leasing market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global car fleet leasing market.