Press release
Car Leasing Market, valued at USD 74.67 Bn in 2021, is projected to reach a value of USD 136.18 Bn by 2029
Car Leasing Market
The market is driven by factors such as the dominance of the corporate sector in new car registrations, changing corporate accounting standards, and the shift towards vehicle leasing and subscription models. The report titled "Car Leasing Market Report" offers a comprehensive analysis of the market's scope, research methodology, drivers, restraints, and regional insights. It provides valuable information to stakeholders in the industry, including market leaders, followers, and new entrants.
The objective of the report is to present a comprehensive analysis of the Global Car Leasing Market to stakeholders in the industry. It covers market size, trends, and forecasts, utilizing Porter's Five Forces analysis and PESTEL analysis. The report provides insights into market dynamics, structure, and competitive analysis of key players. It serves as a valuable guide for investors and decision-makers in the car leasing industry.
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What are Car Leasing Market Dynamics:
The growth of the car leasing market is expected to be driven by factors such as rising urbanization, the surge of smart city initiatives worldwide, and the need for efficient transportation systems to alleviate traffic congestion. With approximately half of the world's population living in cities, this percentage is projected to increase to 60 percent by 2025 according to the World Health Organization (WHO). This urban population relies heavily on automobiles, resulting in increased traffic congestion and parking issues. Consequently, the demand for public transportation systems has grown rapidly.
Moreover, customers are realizing that the total cost of ownership is higher compared to vehicle leasing or subscription models. Approximately 60 percent of the cost is incurred during vehicle usage, while only 40 percent is allocated to actual ownership. This realization has led to a shift in consumer preferences towards more cost-effective and flexible alternatives.
Car Leasing Market Regional Insights:
North America and Europe dominate the global car leasing market, with North America expected to hold the largest market share by 2029. Despite low-interest rates offered by leasing companies, consumers in these regions are increasingly opting for leasing over vehicle ownership. The corporate sector in Europe has significantly influenced private vehicle management, and the number of vehicle registrations is expected to reach 2.9 Mn by 2021. Companies like Auto Europe lead the car leasing market globally, catering to customers in the US and around the world.
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What is Car Leasing Market Segmentation:
By Vehicle Type:
Non Commercial Vehicles
• Commercial Vehicles
By Type of Mode:
Online
• Offline
• Close Market
By Services:
Individual
• Corporate
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Who are Car Leasing Market Key Players:
ALD SA
• Arval Service Lease
• Athlon Car Lease International BV
• Avis Budget Group Inc.
• Deutsche Leasing AG
• Enterprise Holdings Inc.
• Europcar Mobility Group SA
• Hertz Global Holdings, Inc.
• LeasePlan Corporation NV
• Sixt SE
• Wilmar Inc.
• Merchants
• Ewald Automotive Group
• United Leasing & Finance
• Caldwell Leasing
• Element Management Corp.
• Emkay
• Others
Table of content for the Car Leasing Market includes:
Global Car Leasing: Research Methodology
Global Car Leasing Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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Global Car Leasing Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Car Leasing Market Segmentation
Global Market, by Vehicle Type (2022-2029)
Global Market, by Type of Mode (2022-2029)
Global Market, by Services (2022-2029)
Regional Car Leasing Market (2022-2029)
Regional Market, by Vehicle Type (2022-2029)
Regional Market, by Type of Mode (2022-2029)
Regional Market, by Services (2022-2029)
Regional Market, by Country (2022-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Vehicle Type, Type of Mode and Services
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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