Machinery Leasing Market Analysis 2023-2032: Market Size, Top Segments, Leading Region Forecast

As per The Business Research Company's Machinery Leasing Opportunities And Strategies Market Report 2023, The global machinery leasing market reached a value of nearly $ 375,304.94 million in 2022, having grown at a compound annual growth rate (CAGR) of 5.91% since 2017. The market is expected to grow from $375,304.94 million in 2022 to $ 569,340.83 million in 2027 at a rate of 8.69%. The market is then expected to grow at a CAGR of 8.95% 2027 and reach $ 873,875.57 million in 2032.

The increasing healthcare expenditure is predicted to upsurge the demand for the machinery leasing market. Health expenditures are the sum of money spent on healthcare and related costs including private and public health insurance, medical research and public health initiatives. The growth in healthcare expenditure will allow healthcare facilities to get healthcare equipment installed on lease, driving the machinery leasing market. According to India's National Health Expenditure Projections 2018-2027, the national healthcare expenditure is expected to reach nearly $6.0 trillion by 2027, growing at an average rate of 5.5% annually from 2018 to 2027. Consequently, the rise in healthcare spending is expected to increase the market for machinery leasing during the forecast period.

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Strategic collaborations have emerged as a key trend gaining popularity in the machinery leasing market. Major companies operating in machinery leasing are focused on strategic partnerships and collaborations to grow in the market. For instance, in November 2022, United Rentals Inc., a US-based equipment rental company, partnered with Shell, a UK-based energy and petrochemical company, to provide all-electric trucks for use at its Geismar (La.) Chemical Manufacturing site. This partnership supports Shell by using the rental equipment to support plant maintenance activities as part of a trial program for on-site EV mobility. Electric vehicle usage will be tested and analyzed at the production site as part of the program to aid in formulating low-carbon, environmentally friendly fleet policies for rental and Shell-owned vehicles in the future.

The top opportunities in the machinery leasing market segmented by type will arise in the other commercial and industrial machinery and equipment rental segment, which will gain $ 88,491.94 million of global annual sales by 2027. The top opportunities in the machinery leasing market segmented by mode will arise in the offline segment, which will gain $ 174,132.60 million of global annual sales by 2027. The top opportunities in the machinery leasing market segmented by leasing type will arise in the operating lease segment, which will gain $ 132,343.69 million of global annual sales by 2027. The machinery leasing market size will gain the most in the USA at $ 47,804.67 million

Machinery Leasing Market Segmentation:
The Machinery Leasing market is segmented by type, by mode and by leasing.
By Type -
The machinery leasing market is segmented by type into
a) Heavy Construction Machinery Rental
b) Commercial Air
c) Rail
d) Water Transportation Equipment Rental
e) Mining
f) Oil And Gas
g) Forestry Machinery And Equipment Rental
h) Office Machinery And Equipment Rental
i) Other Commercial And Industrial Machinery And Equipment Rental.

By Mode-
The machinery leasing market is segmented by mode into
a) Online
b) Offline.

By Mode-
The machinery leasing market is segmented by mode into
a) Online
b) Offline.

Major players in the Machinery Leasing market -
United Rentals Inc
Tokyo Century
Ashtead Group plc
Fuyo General Lease Co., Ltd.
Berkshire Hathaway Inc.

The regions covered in the global Machinery Leasing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Machinery Leasing Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Machinery Leasing Market Report Table Of Content
1. Machinery Leasing Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction to the Machinery Leasing market
……
25. Opportunities And Strategies
26. Machinery Leasing Market, Conclusions And Recommendations
27. Appendix

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