openPR Logo
Press release

Car Leasing Market Size Predicted to Hit USD 146.78 Billion by 2030

Car Leasing Market

Car Leasing Market

The ๐‚๐š๐ซ ๐‹๐ž๐š๐ฌ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ was valued at USD 86.76 billion in 2023 and is projected to experience a compound annual growth rate (CAGR) of 7.8% from 2024 to 2030, ultimately reaching approximately USD 146.78 billion.

๐‚๐š๐ซ ๐‹๐ž๐š๐ฌ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The Car Leasing Market is witnessing significant growth, primarily driven by the corporate sector, which accounts for around 66% of new vehicle registrations, categorized as the true fleet. Companies require these vehicles for operational efficiency, and the segment is expected to increase by 63% from the current 53%. With changing corporate accounting standards and government regulations promoting green initiatives, more consumers are shifting from ownership to leasing or subscribing to vehicles. This trend is further supported by major players like General Motors, BMW, and Porsche, who are venturing into car subscription services.

๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ฌ ๐‰๐ฎ๐ฌ๐ญ ๐š ๐‚๐ฅ๐ข๐œ๐ค ๐€๐ฐ๐š๐ฒ! https://www.maximizemarketresearch.com/request-sample/67834/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐‚๐š๐ซ ๐‹๐ž๐š๐ฌ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:

Several factors are propelling the growth of the Car Leasing Market, including increasing urbanization and the rise of smart city initiatives that demand efficient transportation systems. As urban populations continue to grow, traffic congestion and parking issues have escalated, prompting a shift towards public transportation solutions. Moreover, many consumers find the total cost of ownership for vehicles to be higher than the costs associated with leasing. In countries like France, tax incentives for leasing cars further enhance market growth by promoting tourism and mobility.

๐‚๐š๐ซ ๐‹๐ž๐š๐ฌ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

A noticeable trend within the Car Leasing Market is the increasing consumer preference for subscription models over traditional ownership. This shift is being fueled by a growing emphasis on flexibility and convenience, particularly as organizations recognize the advantages of providing leased vehicles to their employees instead of relying on company transportation. The growing popularity of electric vehicles (EVs), which are primarily sold through leasing arrangements in the U.S., also plays a significant role in shaping market dynamics.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/inquiry-before-buying/67834/

๐‚๐š๐ซ ๐‹๐ž๐š๐ฌ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

The Car Leasing Market presents numerous opportunities, particularly in the Asia-Pacific region, which is expected to experience rapid growth due to rising populations and the mass production of passenger vehicles. Countries like India, China, and Japan are at the forefront, providing substantial growth potential for the car rental sector. Additionally, as consumers increasingly prioritize sustainability, the demand for environmentally friendly vehicle leasing options is likely to rise.

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐‚๐š๐ซ ๐‹๐ž๐š๐ฌ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ?

Regional insights into the Car Leasing Market reveal that North America and Europe dominate the landscape, accounting for the largest market shares due to a cultural shift toward leasing over buying. Despite the lower interest rates offered by leasing companies, the appeal of leasing continues to grow as more individuals opt for this model. In Europe, corporate vehicle management is becoming increasingly prevalent, further solidifying the region's position in the global market. The Asia-Pacific region is poised for significant expansion, with a forecasted 75% of the car rental market's growth expected to emerge from this area, highlighting the potential for future investments and development.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:๏ปฟ https://www.maximizemarketresearch.com/request-sample/67834/ ๏ปฟ๏ปฟ

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‚๐š๐ซ ๐‹๐ž๐š๐ฌ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ

by Vehicle Type

Non Commercial Vehicles
Commercial Vehicles

by Type of Mode

Online
Offline
Close Market

by Services

Individual
Corporate

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐‚๐š๐ซ ๐‹๐ž๐š๐ฌ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1.Athlon Car Lease International BV
2.Avis Budget Group Inc.
3.Deutsche Leasing AG
4.Enterprise Holdings Inc.
5.ALD SA
6.Europcar Mobility Group SA
7.Hertz Global Holdings, Inc.
8.LeasePlan Corporation NV
9.Sixt SE
10.Wilmar Inc.
11.Merchants
12.Ewald Automotive Group
13.Arval Service Lease
14.United Leasing & Finance
15.Caldwell Leasing

๐†๐ž๐ญ ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐Ž๐ง ๐“๐ก๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐Ž๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.maximizemarketresearch.com/market-report/global-car-leasing-market/67834/ ๏ปฟ๏ปฟ๏ปฟ๏ปฟ

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Car Leasing Market Size and Competitive Landscape
Car Leasing Market Size, Share, Size & Forecast by different segment
Car Leasing Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Car Leasing Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Car Leasing 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
Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐ข๐ง๐  ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐š๐ญ๐ž๐ฌ๐ญ ๐ญ๐ซ๐ž๐ง๐๐ฌ:

โ™ฆ India Footwear Market https://www.maximizemarketresearch.com/market-report/india-footwear-market/20980/

โ™ฆ India Elevator Market https://www.maximizemarketresearch.com/market-report/india-elevator-market/110912/

โ™ฆ Vinyl Records Market https://www.maximizemarketresearch.com/market-report/global-vinyl-records-market/108517/

โ™ฆ Global Golf Shoes Market https://www.maximizemarketresearch.com/market-report/global-golf-shoes-market/81868/

โ™ฆ Wooden Toys Market https://www.maximizemarketresearch.com/market-report/global-wooden-toys-market/110948/

โ™ฆ Global Silk Market https://www.maximizemarketresearch.com/market-report/global-silk-market/26259/

โ™ฆ Door Hinges Market https://www.maximizemarketresearch.com/market-report/global-door-hinges-market/82507/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Car Leasing Market Size Predicted to Hit USD 146.78 Billion by 2030 here

News-ID: 3714979 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

Ultrafiltered Milk Market Valued at USD 8.36 Billion in 2024, Anticipated to Grow at 4.6% CAGR Through 2032
Ultrafiltered Milk Market Valued at USD 8.36 Billion in 2024, Anticipated to Gro โ€ฆ
The Ultrafiltered Milk Market size was valued at USD 8.36 Billion in 2024 and the total Ultrafiltered Milk revenue is expected to grow at a CAGR of 4.6% from 2025 to 2032, reaching nearly USD 11.99 Billion. Ultrafiltered Milk Market Overview: Ultrafiltered milk is gaining increasing attention in the dairy and functional food sectors thanks to its enhanced nutritional profile. Through a specialized membrane filtration process, ultrafiltration concentrates higher-molecular weight componentsโ€ฆ
Bath Towel Market to Grow from USD 10.46 Billion by 2032 at a CAGR of 6.7 %
Bath Towel Market to Grow from USD 10.46 Billion by 2032 at a CAGR of 6.7 %
The Bath Towel Market size reached USD 6.23 Bn in 2024 and is expected to reach USD 10.46 Bn by 2032, growing at a CAGR of 6.7 % during the forecast period. Bath Towel Market Overview: The bath towel industry is witnessing steady expansion, fueled by consumers' increasing focus on hygiene, comfort, and home aesthetics. High demand for plush, absorbent towels made of luxury materials such as Egyptian cotton, Turkish cotton,โ€ฆ
Carob Market to Reach USD 374.76 Million by 2032 Growing at a 5.3% CAGR
Carob Market to Reach USD 374.76 Million by 2032 Growing at a 5.3% CAGR
The global Carob Market was valued at USD 247.92 million in 2024 and is projected to reach USD 374.76 million by 2032, expanding at a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2025 to 2032. Carob Market Overview: The carob market is experiencing significant growth, driven by its increasing popularity as a natural sweetener and plant-based alternative to chocolate. Derived from the seed pods of the carobโ€ฆ
Welding Electrode Market Expected To Reach USD 11.27 Bn by 2032
Welding Electrode Market Expected To Reach USD 11.27 Bn by 2032
The Welding Electrode Market size was valued at USD 5.70 Billion in 2024 and the total Welding Electrode revenue is expected to grow at a CAGR of 8.9 % from 2025 to 2032, reaching nearly USD 11.27 Billion. Welding Electrode Market Overview: The Welding Electrode Market is evolving as a critical segment within the global manufacturing and construction industries. Welding electrodes are essential consumables that enable reliable and efficient joining ofโ€ฆ

All 5 Releases


More Releases for Leasing

Financial Leasing Market: A Compelling Long-Term Growth Story | Minsheng Financi โ€ฆ
The latest 94+ page survey report on Financial Leasing Market is released by HTF MI covering various players of the industry selected from global geographies like North America, US, Canada, Mexico, Europe, Germany, France, U.K., Italy, Russia, Nordic Countries, Benelux, Rest of Europe, Asia, China, Japan, South Korea, Southeast Asia, India, Rest of Asia, South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Turkey, Israel, Saudi Arabia,โ€ฆ
Financial Leasing Market 2019 Global Major Players: CDB Leasing, ICBC Financial โ€ฆ
The Global Financial Leasing Industry, 2019-2024 Market Research Report is a professional and in-depth study on the current state of the Global Financial Leasing industry with a focus on the Global market. The report provides key statistics on the market status of the Financial Leasing manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. The report displays significant strategies which areโ€ฆ
Financial Leasing Market 2017 Analysis โ€“ CDB Leasing, ICBC Financial Leasing C โ€ฆ
A financial lease is a method used by a business for acquisition of equipment with payment structured over time. To give proper definition, it can be expressed as an agreement wherein the lessor receives lease payments for the covering of ownership costs. Moreover, the lessor holds the responsibility of maintenance, taxes, and insurance. In this report, RRI studies the present scenario (with the base year being 2017) and the growth prospectsโ€ฆ
Financial Leasing Market Outlook to 2023 โ€“ CDB Leasing, ICBC Financial Leasing โ€ฆ
A financial lease is a method used by a business for acquisition of equipment with payment structured over time. To give proper definition, it can be expressed as an agreement wherein the lessor receives lease payments for the covering of ownership costs. Moreover, the lessor holds the responsibility of maintenance, taxes, and insurance. Request for Sample of Global Financial Leasing Market 2018 Research Report: https://www.researchreportsinc.com/sample-request?id=177516 Over the next five years, RRIโ€ฆ
Financial Leasing Market Outlook to 2023 โ€“ CDB Leasing, ICBC Financial Leasing โ€ฆ
Oct 2018, New York USA (News) - A financial lease is a method used by a business for acquisition of equipment with payment structured over time. To give proper definition, it can be expressed as an agreement wherein the lessor receives lease payments for the covering of ownership costs. Moreover, the lessor holds the responsibility of maintenance, taxes, and insurance. Request for Sample of Global Financial Leasing Market 2018 Research Report:โ€ฆ
Financial Leasing Market by Top Key Participant CDB Leasing, ICBC Financial Leas โ€ฆ
A financial lease is a method used by a business for acquisition of equipment with payment structured over time. To give proper definition, it can be expressed as an agreement wherein the lessor receives lease payments for the covering of ownership costs. Moreover, the lessor holds the responsibility of maintenance, taxes, and insurance. Get Sample Copy of this Report @ https://www.researchbeam.com/global-financial-leasing-by-manufacturers-countries-type-and-application-forecast-to-2023-market/request-sample?utm_source=Anil Scope of the Report: This report studies the Financial Leasing marketโ€ฆ