Market Overview:
The global motor vehicle leasing market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles, rising disposable income, and technological advancements in the automotive industry. The passenger cars segment is expected to dominate the global motor vehicle leasing market during the forecast period owing to the increasing demand for luxury and sports cars. The commercial vehicles segment is projected to grow at a higher CAGR than that of passenger cars due to increase in freight traffic across all regions. In terms of application, commercial customers are expected to account for a larger share of the global motor vehicle leasing market during 2018-2030 as compared with non-commercial customers.
Product Definition:
Motor Vehicle Leasing is the contractual agreement between a lessor and lessee for the use of a motor vehicle. The importance of Motor Vehicle Leasing is that it allows businesses to acquire vehicles without having to make a large capital investment. It also provides tax benefits, as well as flexible terms and conditions.
Passenger Cars:
Passenger cars are generally designed for the transportation of 15 to 8 passengers and are used for commercial purposes. They have high demand in countries such as India, China, Indonesia, Thailand and Vietnam due to increasing population coupled with rising disposable income levels. Passenger cars can be segmented into two types: Light Commercial Vehicles (LCV) & Heavy Commercial Vehicles (HCV). LCVs include pick up vans while HCVs include van or truck bodies with between 7 & 15 seats.
Commercial Vehicles:
Commercial vehicles include trucks, buses, and vans. They are designed for the transportation of goods and passengers. The goods can be loaded either on a trailer or in the body of the vehicle itself. Commercial vehicles have a higher load capacity as compared to passenger cars which enables them to carry more cargo at once without paying loading penalties or having to change routes.
Application Insights:
The commercial customers segment accounted for the largest revenue share of over 60.0% in 2017 and is anticipated to witness significant growth over the forecast period. The growth can be attributed to increasing demand for passenger cars among middle-class income groups that have been growing at a rapid pace across developing countries including China, India and Brazil. These are generally purchased on a hire purchase basis with high interest rates which makes it expensive as compared to leasing vehicles on long term basis thus restricting its use in this application segment.
The non-commercial customers include individuals owning second hand cars or trucks who wish to lease them out or companies leasing new vehicles on an occasional basis such as delivery vans, taxies etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of car and passenger vehicle manufacturers, which have been outsourcing production activities to low-cost developing countries such as India, China and Thailand. This trend is expected to have a negative impact on regional demand for leasing purposes owing to reduced operational costs for the lessors. However, this scenario may change over time as some of these manufacturers are re-inventing themselves by shifting their focus towards electric vehicles or self-driving cars.
The European market was valued at USD X billion in 2017 and is anticipated to grow at an estimated CAGR of XX% from 2018 To 2030 owing high ownership percentage of commercial vehicles among consumers across Germany, U.K., France and other major economies including Spain).
Growth Factors:
- Increasing demand for leased vehicles from the corporate sector
- Growing popularity of leasing among millennials
- Proliferation of online leasing platforms
- Introduction of innovative lease products and services
- Rising demand for luxury cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor Vehicle Leasing Market Research Report
By Type
Passenger Cars, Commercial Vehicles
By Application
Commercial Customers, Non-Commercial Customers
By Companies
ALD Automotive, Arval, Deutsche Leasing, LeasePlan, Natixis Lease, DLL, Millennium Leasing Sp. z o.o, UBI Leasing, VTB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Motor Vehicle Leasing Market Report Segments:
The global Motor Vehicle Leasing market is segmented on the basis of:
Types
Passenger Cars, Commercial Vehicles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Customers, Non-Commercial Customers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ALD Automotive
- Arval
- Deutsche Leasing
- LeasePlan
- Natixis Lease
- DLL
- Millennium Leasing Sp. z o.o
- UBI Leasing
- VTB
Highlights of The Motor Vehicle Leasing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Passenger Cars
- Commercial Vehicles
- By Application:
- Commercial Customers
- Non-Commercial Customers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Motor Vehicle Leasing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Motor vehicle leasing is a type of contract in which an individual or business leases a car, truck, or other motor vehicle. The lessee pays the lease amount upfront and then makes monthly payments to the lessor. At the end of the lease term, the lessee either returns the leased vehicle to the lessor or pays off all remaining lease payments and receives a new car or truck.
Some of the major players in the motor vehicle leasing market are ALD Automotive, Arval, Deutsche Leasing, LeasePlan, Natixis Lease, DLL, Millennium Leasing Sp. z o.o, UBI Leasing, VTB.
The motor vehicle leasing market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Motor Vehicle Leasing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Motor Vehicle Leasing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Motor Vehicle Leasing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Motor Vehicle Leasing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Motor Vehicle Leasing Market Size & Forecast, 2020-2028
4.5.1 Motor Vehicle Leasing Market Size and Y-o-Y Growth
4.5.2 Motor Vehicle Leasing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Passenger Cars
5.2.2 Commercial Vehicles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Customers
6.2.2 Non-Commercial Customers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motor Vehicle Leasing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Motor Vehicle Leasing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Passenger Cars
9.6.2 Commercial Vehicles
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Customers
9.10.2 Non-Commercial Customers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Passenger Cars
10.6.2 Commercial Vehicles
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Customers
10.10.2 Non-Commercial Customers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Passenger Cars
11.6.2 Commercial Vehicles
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Customers
11.10.2 Non-Commercial Customers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Passenger Cars
12.6.2 Commercial Vehicles
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Customers
12.10.2 Non-Commercial Customers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Passenger Cars
13.6.2 Commercial Vehicles
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Customers
13.10.2 Non-Commercial Customers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Motor Vehicle Leasing Market: Competitive Dashboard
14.2 Global Motor Vehicle Leasing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ALD Automotive
14.3.2 Arval
14.3.3 Deutsche Leasing
14.3.4 LeasePlan
14.3.5 Natixis Lease
14.3.6 DLL
14.3.7 Millennium Leasing Sp. z o.o
14.3.8 UBI Leasing
14.3.9 VTB
