Automotive Finance is the finance service provider by third parties that allows the customers to own a car without paying a lumpsum payment to the dealership. However, customers have to pay interest for the loan that is subjected to the stated interest rate.
This report aims to provide a comprehensive presentation of the global market for Automotive Finance, 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 Automotive Finance. This report contains market size and forecasts of Automotive Finance in global, including the following market information:
- Global Automotive Finance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Automotive Finance market was valued at US$ 43970 million in 2022 and is projected to reach US$ 49230 million by 2029, at a CAGR of 1.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
While nations such as U.S., Canada, The U.K. are advanced in the industry growth rate in this region is low. The production is projected to witness remarkable growth in emerging economies such as Brazil, Russia, China, and India. The growth can be attributed to several factors such as a rise in population, proportion of progressing middle class, limited buying capacity, and realization of benefits of auto financing among them.
We surveyed the Automotive Finance 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 Automotive Finance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive Finance Market Segment Percentages, by Type, 2022 (%)
24 Months
- 36 Months
- 48 Months
- 60 Months
- 72 Months
- Others
Global Automotive Finance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive Finance Market Segment Percentages, by Application, 2022 (%)
- Residential Use
- Commercial Use
- Government Use
- Others
Global Automotive Finance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive Finance 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 Automotive Finance revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Automotive Finance revenues share in global market, 2022 (%)
key players include:
- Toyota Motor Credit
- GM Financial Inc
- Volkswagen Financial Services Inc.
- Hyundai Capital
- RCI Banque
- Ford Credit
- Banque PSA Finance
- Honda Financial Services
- American Suzuki
- Fiat Finance
- Mercedes-Benz FS
- Chrysler
- BMW Financial
- GMAC (Ally Financial)
- Suzuki Finance
- GMAC-SAIC
- Dongfeng Peugeot Citroen Auto Finance Co. Ltd
- Chery Huiyin Automobile Finance Co. Ltd.
- Maruti Finance
- TATA Motor Finance
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Automotive Finance, market overview.
- Chapter 2: Global Automotive Finance market size in revenue.
- Chapter 3: Detailed analysis of Automotive Finance 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 Automotive Finance 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.
