Press release
Machinery Leasing Market Size, Key Opportunities, Revenue Growth, Demand And Forecast To 2032 || General Electric Company, United Rentals Inc., Tokyo Century, Berkshire Hathaway Inc
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 machinery leasing market is expected to grow to $560.72 billion in 2027 at a CAGR of 8.4%.
Read More On The Machinery Leasing Market Report Here:
https://www.thebusinessresearchcompany.com/report/machinery-leasing-global-market-report
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
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the machinery leasing market.
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The machinery rental market consists of revenues earned by entities that provide capital or investment-type equipment that clients use in their business operations. These establishments typically cater to a business clientele and do not generally operate a retail-like or storefront facility. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The Table Of Content For The Machinery Leasing Market Include:
1. Executive Summary
2. Machinery Leasing Market Characteristics
3. Machinery Leasing Market Trends And Strategies
4. Machinery Leasing Market - Macro Economic Scenario
5. Machinery Leasing Market Size And Growth
6. Machinery Leasing Market Segmentation
……………………………
27. Machinery Leasing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Machinery Leasing Market
29. Machinery Leasing Market Future Outlook And Potential Analysis
30. Appendix
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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