Europe Vehicle Leasing Market is Propelled to grow at a CAGR of 4.03% during 2017-2021 - Arval, Deutsche Leasing, LeasePlan, Natixis Lease

Vehicle lessors buy vehicles from vehicle manufacturers at competitive prices and lease them to vehicle fleet management companies, individual customers, corporate entities, SMEs, retail players, and other industry players. The lease rate and lease period will vary depending upon the millage of the vehicle along with other terms, such as the age of the vehicle, type of lease, type of vehicle, and economic growth of the country. At the end of the lease term, all the lessors maximize the value of the vehicle by selling or scrapping it at a suitable time. Passenger cars and commercial vehicles are the most commonly leased vehicles in Europe.

The vehicle leasing market in Europe to grow at a CAGR of 4.03% during the period 2017-2021. The report covers the present scenario and the growth prospects of the vehicle leasing market in Europe for 2017-2021. To calculate the market size, the report considers the detailed forecast of vehicle leasing for different types of vehicles.

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The market is divided into the following segments based on geography:
- Belgium
- France
- Germany
- Italy
- Spain
- The Netherlands
- The UK

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Technavio's report, Vehicle Leasing Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ALD Automotive
- Arval
- Deutsche Leasing
- LeasePlan
- Natixis Lease

Other prominent vendors
- DLL
- Millennium Leasing Sp. z o.o
- UBI Leasing
- VTB

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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This release was published on openPR.