Automobile Rental And Leasing Market By Manufacturers, Trends, Technology, Application, Product Type, Regions, Growth Analysis And Forecast To 2030

Avail a limited period discount of 33% on our uniquely designed Opportunities and Strategies market research reports. Contact us today and make winning strategies!
https://www.thebusinessresearchcompany.com/global-market-reports

According to The Business Research Company's automobile rental and leasing market report, the global automobile rental and leasing market is expected to decline from $366.9 billion in 2019 to $239.6 billion in 2020 at a compound annual growth rate (CAGR) of -35%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 15.06% from 2021 and reach $421.3 billion in 2023. The market is expected to grow at a CAGR of 8.1% to nearly $492.6 billion by 2025, and at a CAGR of 8.0% to $723.3 billion by 2030.
The automobile rental and leasing market is expected to be driven by the growing sales of electric vehicles in the forecast period. Leasing is increasingly being used as a key method to drive electric vehicle sales, especially in developed markets. By offering competitive monthly payment and vehicle return options, leasing compared with other purchasing methods significantly eases consumer concerns around electric vehicle cost and technology obsolescence.

View Our Buying Options For The Automobile rental and leasing market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5208

The automobile rental and leasing market is segmented -
• By Type- Passenger Car Rental, Passenger Car Leasing
• By Type Of Mode- Online, Offline
• By Type Of Lease- Open, Close
• By End Use- Individual, Corporate By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the automobile rental and leasing market.

Major competitors in the automobile rental and leasing market include Enterprise Holdings, The Hertz Corporation, Avis Budget, Daimler Group, LeasePlan

See The Full Automobile rental and leasing market Report Here:
https://www.thebusinessresearchcompany.com/report/automobile-rental-and-leasing-market

The automobile rental and leasing market consists of sales of automotive equipment renting or leasing services by entities (organizations, sole traders and partnerships) that provide passenger cars and truck/vans, utility trailer, and recreational vehicle (RV) without drivers and utility trailers. These establishments generally operate a retail store like facility for automotive equipment renting and leasing. Some automotive equipment rental and leasing companies offer short-term rental or long-term leases, while others provide both types of services.

The Table Of Content For The Automobile rental and leasing market Include:
1. Automobile Rental And Leasing Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
......
26. Market Background: Leasing Market
27. Global Automobile Rental And Leasing Market Opportunities And Strategies
28. Global Automobile Rental And Leasing Market Conclusions And Recommendations
29. Appendix
30. Copyright And Disclaimer

The Business Research Company's "Global Automobile Rental And Leasing Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.

Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

Check out our:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany/
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: http://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx

Interested to know more about The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. Located globally, it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.

The World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

This release was published on openPR.