openPR Logo
Press release

Automotive Fleet Leasing Market 2018 Industry Global Size, Share, And Major Players Forecast To 2023

09-13-2018 02:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Automotive Fleet Leasing Market 2018 Industry Global Size,

Automotive Fleet Leasing market is expected to reach $37410.9 million by 2023, with a CAGR of 6.04%. Market Research Future published a Cooked research report on “Global Automotive Fleet Leasing Market Research Report - Forecast to 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

Following Automotive Fleet Leasing Key Companies Market Analyzed In Report: The key players of global Automotive fleet leasing market includes 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).

Get Sample Copy Of “Automotive Fleet Leasing Systems Key Research Report – Forecast to 2023” At: https://www.marketresearchfuture.com/sample_request/4328

Market Highlights:

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.   

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.

Of all regions, North America region is expected to dominate the global automotive fleet leasing market. In North America, technological advancements, and new mobility solutions such as hybrid vehicles and electric vehicles, are expected to encourage companies to come up with new personalized mobility services to satisfy the changing needs and preferences of consumers. The finance and leasing industry is also exhibiting significant growth during the forecast period. Moreover, Asia-Pacific region is expected to grow with the highest CAGR during the forecast period. The Growth of the Asia-Pacific region can be attributed to the rising competition and increase in the trade which is leading to the improved distribution system across various developing nations such as India and China among others. The Chinese leasing industry has escalated remarkably in recent years, especially after being identified as one of the most important drivers for growth.

Fleet leasing vehicles are group of vehicles that are owned or leased by government agencies or organizations. Fleet leasing does not involve any kind of individual acquisition of the vehicle or its purchase. The vehicles that are operated by car leasing companies such as cabs, public utilities, and others are considered under automotive fleet leasing market. Fleet lease vehicles are used by all sorts of commercial and public operations. IT Industries, Food & Beverages sector needs vehicles that meet their specific needs, along with the ability to turn repairs and other problems rather than deal with them internally. Leasing such vehicles also reduces prices.

Table of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Stud

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

Continued...

List of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

FIGURE 7 Value Chain Analysis

Continued...

For more details on this report visit: https://www.marketresearchfuture.com/reports/automotive-fleet-leasing-market-4328

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Us:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Fleet Leasing Market 2018 Industry Global Size, Share, And Major Players Forecast To 2023 here

News-ID: 1238051 • Views:

More Releases from Market Research Future

9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through 2035
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years. Market Overview and Size The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends. Get Sample @ https://www.marketresearchfuture.com/sample_request/41217 Market Size and Growth The global washable
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR by 2032
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview: The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical

All 5 Releases


More Releases for Leasing

Financial Leasing Market: A Compelling Long-Term Growth Story | Minsheng Financi …
The latest 94+ page survey report on Financial Leasing Market is released by HTF MI covering various players of the industry selected from global geographies like 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,
Financial Leasing Market 2019 Global Major Players: CDB Leasing, ICBC Financial …
The Global Financial Leasing Industry, 2019-2024 Market Research Report is a professional and in-depth study on the current state of the Global Financial Leasing industry with a focus on the Global market. The report provides key statistics on the market status of the Financial Leasing manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. The report displays significant strategies which are
Financial Leasing Market 2017 Analysis – CDB Leasing, ICBC Financial Leasing C …
A financial lease is a method used by a business for acquisition of equipment with payment structured over time. To give proper definition, it can be expressed as an agreement wherein the lessor receives lease payments for the covering of ownership costs. Moreover, the lessor holds the responsibility of maintenance, taxes, and insurance. In this report, RRI studies the present scenario (with the base year being 2017) and the growth prospects
Financial Leasing Market Outlook to 2023 – CDB Leasing, ICBC Financial Leasing …
A financial lease is a method used by a business for acquisition of equipment with payment structured over time. To give proper definition, it can be expressed as an agreement wherein the lessor receives lease payments for the covering of ownership costs. Moreover, the lessor holds the responsibility of maintenance, taxes, and insurance. Request for Sample of Global Financial Leasing Market 2018 Research Report: https://www.researchreportsinc.com/sample-request?id=177516 Over the next five years, RRI
Financial Leasing Market Outlook to 2023 – CDB Leasing, ICBC Financial Leasing …
Oct 2018, New York USA (News) - A financial lease is a method used by a business for acquisition of equipment with payment structured over time. To give proper definition, it can be expressed as an agreement wherein the lessor receives lease payments for the covering of ownership costs. Moreover, the lessor holds the responsibility of maintenance, taxes, and insurance. Request for Sample of Global Financial Leasing Market 2018 Research Report:
Financial Leasing Market by Top Key Participant CDB Leasing, ICBC Financial Leas …
A financial lease is a method used by a business for acquisition of equipment with payment structured over time. To give proper definition, it can be expressed as an agreement wherein the lessor receives lease payments for the covering of ownership costs. Moreover, the lessor holds the responsibility of maintenance, taxes, and insurance. Get Sample Copy of this Report @ https://www.researchbeam.com/global-financial-leasing-by-manufacturers-countries-type-and-application-forecast-to-2023-market/request-sample?utm_source=Anil Scope of the Report: This report studies the Financial Leasing market