Press release
Fleet Leasing Automotive Market 2018 Global Industry Forecast To 2023: Key Players - ARI, Glesby Marks, LeasePlan, AutoFlex, Velcor Leasing, Caldwell fleet leasing, Wheel
Global automotive fleet leasing market is expected to grow from USD 24976.1 million in 2016 to USD 37410.9 million in the year 2023, at the CAGR of 6.04% during the period, 2017 to 2023. Fleet Leasing Automotive Market report executes the great study of Price and Gross Margin, Capacity, Production, Revenue, geographical zones, technology, demand-supply, Consumption, Import, Export, and Opportunities.
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Key Players In Fleet Leasing Automotive Market: ARI (New Jersey), Glesby Marks (Texas), LeasePlan Corporation N.V. (Netherlands), AutoFlex AFV (U.S.), Velcor Leasing Corporation (U.S.), Caldwell fleet leasing (U.S.),Wheel, Inc. (U.S.), PRO Leasing Services (U.S.), Jim Pattison Lease (Canada), Sixt Leasing SE(Germany).
The growth of automotive fleet leasing market is majorly driven by the growth in the automotive sector, growing awareness of the advantages of fleet leasing and high growth potential for leasing market. People prefer vehicle fleet leasing due to benefits such as lower cost of hiring, access to fuel expenditure records, tracking of mileage and location, assistance in insurance claims & repairs, and superior operational management of fleet. Also, there is a small investment required for a lease as compared to outright purchase. These drive the growth of the market. However, restrictions in car leasing agreement, and the cost of original equipment in case of repair due to collision, are expected to hinder the growth of the automotive fleet leasing market.
Fleet Leasing Automotive Market Segment Analysis: Based on lease type, the open ended segment is expected to grow with the highest CAGR during the forecast period. Open-end leases are used primarily for commercial business leasing and offer greater control of asset utilization and disposal. It is usually for 12 months and the agreement can be terminated at any point after the end of the term. At the end of the leasing term, the customer is responsible for any excessive damage or additional mileage overages.
Based on vehicle type, the passenger cars segment will account for the largest market share with 79 % in the global automotive fleet leasing market due to growth in automotive industry.
Regional Analysis of Fleet Leasing Automotive Market: This study provides an overview of the global automotive fleet leasing market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive fleet leasing market by its lease type, vehicle type and region.
Intended Audience: Report analyzes Fleet Leasing Automotive manufacturing companies, service providers and Government as well as Independent Regulatory Authorities.
Table of Content:
TABLE 1 GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY LEASE TYPE, 2015-2023 (USD MILLION) 27
TABLE 2 GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY PASSENGER CAR TYPE, 2015-2023 (USD MILLION) 35
TABLE 3 GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY REGION, 2015-2023 (USD MILLION)39
TABLE 4 NORTH AMERICA: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY COUNTRY, 2015-2023 (USD MILLION) 41
TABLE 5 NORTH AMERICA: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY LEASE TYPE, 2015-2023 (USD MILLION) 42
TABLE 6 NORTH AMERICA: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION) 42
TABLE 7 U.S.: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY LEASE TYPE, 2015-2023 (USD MILLION) 43
TABLE 8 U.S.: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION) 44
TABLE 9 CANADA: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY LEASE TYPE, 2015-2023 (USD MILLION) 45
TABLE 10 CANADA: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION) 46
TABLE 11 EUROPE: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY COUNTRY, 2015-2023 (USD MILLION) 47
TABLE 12 EUROPE: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY LEASE TYPE, 2015-2023 (USD MILLION) 48
TABLE 13 EUROPE: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION) 49
TABLE 14 GERMANY: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY LEASE TYPE, 2015-2023 (USD MILLION) 50
TABLE 15 GERMANY: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION) 51
TABLE 16 U.K.: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY LEASE TYPE, 2015-2023 (USD MILLION) 52
TABLE 17 U.K.: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION) 53
TABLE 18 FRANCE: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY LEASE TYPE, 2015-2023 (USD MILLION) 54
TABLE 19 FRANCE: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION) 55
TABLE 20 ITALY: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY LEASE TYPE, 2015-2023 (USD MILLION) 56
TABLE 21 ITALY: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION) 57
TABLE 22 REST OF THE WORLD: GLOBAL AUTOMOTIVE FLEET LEASING MARKET, BY LEASE TYPE, 2015-2023 (USD MILLION) Continued…
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