Vehicle Leasing market

Vehicle Leasing Market - Global Outlook and Forecast 2022-2028

  • 24 January 2022
  • Automotive and Transportation
  • 108 Pages
  • Report code : PMR-6798162

  • 4.7 (158)

Vehicle Leasing Market

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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.

Vehicle Leasing Market contains market size and forecasts of Vehicle Leasing in Global, including the following market information:

Global Vehicle Leasing Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Vehicle Leasing market was valued at 96900 million in 2021 and is projected to reach US$ 177080 million by 2028, at a CAGR of 9.0% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Business Leasing Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Vehicle Leasing include Enterprise, Hertz, Avis Budget, ALD Automotive, Arval, Sixt, Europcar, Localiza and Unidas, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vehicle 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 Vehicle Leasing Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Vehicle Leasing Market Segment Percentages, by Type, 2021 (%)

Business Leasing

Leisure Leasing

Global Vehicle Leasing Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Vehicle Leasing Market Segment Percentages, by Application, 2021 (%)

Airport

Off-Airport

Global Vehicle Leasing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Vehicle Leasing Market Segment Percentages, By Region and Country, 2021 (%)

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 Vehicle Leasing revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Vehicle Leasing revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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

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