The global vehicle leasing market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for vehicles in emerging economies such as India and China. The increasing number of people opting for car-sharing services such as Uber and Lyft has also contributed to the growth of this market.
5a) The average lease term is 3 years, which means that most drivers will only have to make 12 monthly payments before they're able to trade in their leased vehicle and start over again with another lease agreement or purchase agreement on another car model that's newer and better suited for them as they grow older and their needs change over time; 5b) This means that leasing provides drivers with an opportunity to upgrade their vehicles every few years without having any negative impact on their credit score or other financial standing because there are no long-term commitments involved in this type of transaction; 5c) Drivers who are interested in leasing should always do some research beforehand so they know exactly how much money they'll need upfront (in order to cover all fees associated with signing up for this type of agreement), how much mileage is allowed per year (which will affect how much money drivers will end up paying at the end of each lease term), and whether or not there are any hidden fees involved (such as taxes).
Some Of The Growth Factors Of This Market:
- Vehicle leasing is a popular option for people who want to drive a new car every few years without the hassle of selling their old one.
- Leasing is also an attractive option for people who don't have the cash to buy a new car outright, but still want to drive something newer than what they can afford on their current budget.
- Leasing offers lower monthly payments than buying, which makes it easier for people with less money in the bank to get into a nicer vehicle without breaking the bank each month.
- Leasing also offers more flexibility than buying because you can return your leased vehicle at any time and not be stuck with it if you need more money or if you change your mind about what type of vehicle you want down the road.
Industry Growth Insights published a new data on “Vehicle Leasing Market”. The research report is titled “Vehicle Leasing Market research by Types (Business Leasing, Leisure Leasing, Vehicle Leasin), By Applications (Airport, Off-Airport), By Players/Companies Enterprise, Hertz, Avis Budget, ALD Automotive, Arval, Sixt, Europcar, Localiza, Unidas, CAR Inc., Shouqi Zuche, Goldcar, Movida, Fox Rent A Car, Ehi Car Services, U-Save, Yestock Car Rental, Vehicle Leasin”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Leasing Market Research Report
By Type
Business Leasing, Leisure Leasing, Vehicle Leasin
By Application
Airport, Off-Airport
By Companies
Enterprise, Hertz, Avis Budget, ALD Automotive, Arval, Sixt, Europcar, Localiza, Unidas, CAR Inc., Shouqi Zuche, Goldcar, Movida, Fox Rent A Car, Ehi Car Services, U-Save, Yestock Car Rental, Vehicle Leasin
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Leasing Market Report Segments:
The global Vehicle Leasing market is segmented on the basis of:
Types
Business Leasing, Leisure Leasing, Vehicle Leasin
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
Airport, Off-Airport
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:
- Enterprise
- Hertz
- Avis Budget
- ALD Automotive
- Arval
- Sixt
- Europcar
- Localiza
- Unidas
- CAR Inc.
- Shouqi Zuche
- Goldcar
- Movida
- Fox Rent A Car
- Ehi Car Services
- U-Save
- Yestock Car Rental
- Vehicle Leasin
Highlights of The 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:
- Business Leasing
- Leisure Leasing
- Vehicle Leasin
- By Application:
- Airport
- Off-Airport
- 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 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.
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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?
Vehicle leasing is a type of contract in which an individual or company leases a vehicle from an automobile dealership. The lessee pays the dealership for the use of the car, and typically has to make monthly payments.
Some of the major companies in the vehicle leasing market are Enterprise, Hertz, Avis Budget, ALD Automotive, Arval, Sixt, Europcar, Localiza, Unidas, CAR Inc., Shouqi Zuche, Goldcar, Movida, Fox Rent A Car, Ehi Car Services, U-Save, Yestock Car Rental, Vehicle Leasin.
The vehicle leasing market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vehicle Leasing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vehicle Leasing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vehicle Leasing Market - Supply Chain
4.5. Global Vehicle Leasing Market Forecast
4.5.1. Vehicle Leasing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vehicle Leasing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vehicle Leasing Market Absolute $ Opportunity
5. Global Vehicle Leasing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vehicle Leasing Market Size and Volume Forecast by Type
5.3.1. Business Leasing
5.3.2. Leisure Leasing
5.3.3. Vehicle Leasin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vehicle Leasing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vehicle Leasing Market Size and Volume Forecast by Application
6.3.1. Airport
6.3.2. Off-Airport
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vehicle Leasing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vehicle Leasing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vehicle Leasing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vehicle Leasing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vehicle Leasing Demand Share Forecast, 2019-2026
9. North America Vehicle Leasing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vehicle Leasing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vehicle Leasing Market Size and Volume Forecast by Application
9.4.1. Airport
9.4.2. Off-Airport
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vehicle Leasing Market Size and Volume Forecast by Type
9.7.1. Business Leasing
9.7.2. Leisure Leasing
9.7.3. Vehicle Leasin
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vehicle Leasing Demand Share Forecast, 2019-2026
10. Latin America Vehicle Leasing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vehicle Leasing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vehicle Leasing Market Size and Volume Forecast by Application
10.4.1. Airport
10.4.2. Off-Airport
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vehicle Leasing Market Size and Volume Forecast by Type
10.7.1. Business Leasing
10.7.2. Leisure Leasing
10.7.3. Vehicle Leasin
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vehicle Leasing Demand Share Forecast, 2019-2026
11. Europe Vehicle Leasing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vehicle Leasing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vehicle Leasing Market Size and Volume Forecast by Application
11.4.1. Airport
11.4.2. Off-Airport
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vehicle Leasing Market Size and Volume Forecast by Type
11.7.1. Business Leasing
11.7.2. Leisure Leasing
11.7.3. Vehicle Leasin
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vehicle Leasing Demand Share, 2019-2026
12. Asia Pacific Vehicle Leasing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vehicle Leasing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vehicle Leasing Market Size and Volume Forecast by Application
12.4.1. Airport
12.4.2. Off-Airport
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vehicle Leasing Market Size and Volume Forecast by Type
12.7.1. Business Leasing
12.7.2. Leisure Leasing
12.7.3. Vehicle Leasin
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vehicle Leasing Demand Share, 2019-2026
13. Middle East & Africa Vehicle Leasing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vehicle Leasing Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vehicle Leasing Market Size and Volume Forecast by Application
13.4.1. Airport
13.4.2. Off-Airport
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vehicle Leasing Market Size and Volume Forecast by Type
13.7.1. Business Leasing
13.7.2. Leisure Leasing
13.7.3. Vehicle Leasin
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vehicle Leasing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vehicle Leasing Market: Market Share Analysis
14.2. Vehicle Leasing Distributors and Customers
14.3. Vehicle Leasing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Enterprise
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hertz
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Avis Budget
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ALD Automotive
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Arval
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sixt
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Europcar
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Localiza
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Unidas
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CAR Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shouqi Zuche
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Goldcar
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Movida
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Fox Rent A Car
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ehi Car Services
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. U-Save
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Yestock Car Rental
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Vehicle Leasin
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
