Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay. The key difference in a lease is that after the primary term (usually 2, 3 or 4 years) the vehicle has to either be returned to the leasing company or purchased for the residual value.
APAC is the emerging market for vehicle leasing, APAC maintains double-digit growth rate of revenue during 2014-2018. The revenue of APAC is expected to reach 17.02 billion USD in the end of 2018. Among the APAC regions, China occupied the largest market, with the market share of 26% and still keep a high growth in the future.
According to this study, over the next five years the Vehicle Leasing market will register a 9.0% CAGR in terms of revenue, the global market size will reach US$ 113100 million by 2024, from US$ 73400 million in 2019. In particular, this report presents the global revenue market share of key companies in Vehicle Leasing business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Vehicle Leasing market by product type, application, key companies and key regions.
This study considers the Vehicle Leasing value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Business Leasing
Leisure Leasing
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Airport
Off-Airport
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Enterprise
Hertz
Avis Budget
ALD Automotive
Arval
Sixt
Europcar
Localiza
Unidas
CAR Inc.
Shouqi Zuche
Goldcar
Movida
Fox Rent A Car
Ehi Car Services
U-Save
Yestock Car Rental
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Vehicle Leasing market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vehicle Leasing market by identifying its various subsegments.
Focuses on the key global Vehicle Leasing players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vehicle Leasing with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Vehicle Leasing submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.