Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Vehicle 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 Vehicle Leasing. This report contains market size and forecasts of Vehicle Leasing in global, including the following market information:
Global Vehicle Leasing Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Vehicle Leasing market was valued at US$ 96900 million in 2022 and is projected to reach US$ 177080 million by 2029, at a CAGR of 9.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Vehicle Leasing market include Enterprise, Hertz, Avis Budget, etc. The top 3 players occupy about 55% shares of the global market. North America and Europe are main markets, they occupy about 70% of the global market. Business Leasing is the main type, with a share about 60%. Airport is the main application, which holds a share about 70%.
We 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, 2018-2023, 2024-2029 ($ millions)
Global Vehicle Leasing Market Segment Percentages, by Type, 2022 (%)
Business Leasing
Leisure Leasing
Global Vehicle Leasing Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Vehicle Leasing Market Segment Percentages, by Application, 2022 (%)
Airport
Off-Airport
Global Vehicle Leasing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Vehicle 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 Vehicle Leasing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Vehicle Leasing revenues share in global market, 2022 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vehicle Leasing, market overview.
Chapter 2: Global Vehicle Leasing market size in revenue.
Chapter 3: Detailed analysis of Vehicle 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 Vehicle 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.