Global Machinery Leasing Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032 | General Electric Company, United Rentals Inc., Tokyo Century, Berkshire Hathaway Inc., Ashtead Group plc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Machinery Leasing market report by The Business Research Company, The emergence of start-ups as major clients of leasing service providers is expected to drive the market. Driven by cost efficiency and the necessity to acquire advanced equipment which is often high-priced, start-ups have started renting or leasing their equipment. The increasing number of start-ups is also expected to positively impact the market. For instance, according to the Department for Promotion of Industry and Internal Trade, the number of start-ups in India reached 16,000 in 2020, depicting new opportunities for the leasing market in client expansion and revenue generation.

The global machinery leasing market grew from $372.83 billion in 2022 to $406.76 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The machinery leasing market is expected to grow to $560.72 billion in 2027 at a CAGR of 8.4%.

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Major competitors in the Machinery Leasing market include General Electric Company, United Rentals Inc., Tokyo Century, Berkshire Hathaway Inc., Ashtead Group plc, AerCap Holdings N.V., Fuyo General Lease Co., Ltd., NetJets, Nissan Motor Co Ltd., and Air Lease Corporation.

The Machinery Leasing Market is segmented -

• By Type: Heavy Construction Machinery Rental, Commercial Air, Rail, and Water Transportation Equipment Rental, Mining, Oil And Gas, And Forestry Machinery And Equipment Rental, Office Machinery And Equipment Rental, Other Commercial And Industrial Machinery And Equipment Rental
• By Mode: Online, Offline
• By Lease Type: Closed Ended Lease, Option to Buy Lease, Sub-Vented Lease, Other Lease Types. Asia-Pacific was the largest region in the machinery leasing market in 2022.

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Machinery leasing is a process of obtaining commercial-type and industrial-type machinery, vehicles, or other equipment for temporary use in exchange for periodic payments paid to the machinery owner as leasing rent. Machinery leasing helps make lower monthly payments than with a loan, benefiting from tax advantages, getting a fixed financing rate instead of a floating rate, conserving working capital and avoiding cash-devouring down payments, and gaining immediate access to the most up-to-date business tools.

The Table Of Content For The Machinery Leasing Market Include:

1. Executive Summary
2. Report Structure
3. Machinery Leasing Market Characteristics
4. Machinery Leasing Market Product Analysis
5. Machinery Leasing Market Supply Chain
……
21. Key Mergers And Acquisitions In The Machinery Leasing Market
22. Market Background: Leasing Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The "Global Machinery Leasing Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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