Car Fleet Leasing Market, Global Outlook and Forecast 2023-2032
Care leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance and, more importantly, residual risk handling. Big corporates and businesses, in the current market conditions, are focused on their core products/services and would like to outsource all other support activities. Mobility is a significant cost center which requires resource in terms of money and time. Starting from fleet purchase to re-marketing at a better price, and for each of the intermediary segments in the value chain, issues such as unnecessary cost spikes, utilization mismatches, irregularities in fleet maintenance, and risks of dips in residual value can crop up, unless an expert team is on the job. Corporate prefer leasing the fleet as a hassle-free mobility service which offers on-demand mobility, and fleet after-service facilities, among others.
This report aims to provide a comprehensive presentation of the global market for Car Fleet Leasing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Car Fleet Leasing. This report contains market size and forecasts of Car Fleet Leasing in global, including the following market information:
Global Car Fleet Leasing Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Car Fleet Leasing market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This market research analysis identifies the flexibility to change their car depending upon their changing requirements as one of the primary growth factors for this market. The buyers looking for updated models, improved safety features and improved fuel economy opt for leasing as it is economical to get access to newer car variants. Car leasing also provides the buyers the choice of operational lease, which allows the lease contract to be terminated at any time by the lessee without any penalty. Furthermore, the low fleet lease payment rates compared to loan due payment also influences business entities and individual customers to adopt leasing as a viable option.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Car Fleet Leasing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Car Fleet Leasing Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Car Fleet Leasing Market Segment Percentages, by Type, 2022 (%)
Close End Lease
Open End Lease
Global Car Fleet Leasing Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Car Fleet Leasing Market Segment Percentages, by Application, 2022 (%)
IT Industry
Food and Beverage Industry
Pharmaceuticals Industry
Global Car Fleet Leasing Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Car Fleet Leasing Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Car Fleet Leasing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Car Fleet Leasing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ALD Automotive
ARI
Arval
Donlen
LeasePlan
Car Express
Executive Car Leasing
First Class Leasing
High End Auto Leasing
Absolute Auto Leasing
Autoflex
Global Auto Leasing
World Auto Group Leasing
Outline of Major Chapters:
Chapter 1: Introduces the definition of Car Fleet Leasing, market overview.
Chapter 2: Global Car Fleet Leasing market size in revenue.
Chapter 3: Detailed analysis of Car Fleet Leasing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Car Fleet Leasing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
