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.
A financial lease is similar to an out-and-out purchase transaction which has been financed through a term loan, in that the payments are made on a monthly basis. However, unlike an out-and-out purchase transaction in that the lessee doesn’t present the obligated balance as debt, shows payments as expensed, and retains the equipment title. During the lease period, the finance company is considered as the legal owner of the asset.
Scope of the Report:
For the sixth consecutive year since the global economic crisis, the leasing industry has enjoyed growth in new business volumes, and the outlook is cautiously optimistic.
The global Finance Lease market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Finance Lease.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Finance Lease market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Finance Lease market by product type and applications/end industries.
Market Segment by Companies, this report covers
HSBC Bank
Sumitomo Mitsui Finance and Leasing
BNP Paribas Leasing Solutions
Wells Fargo Equipment Finance
Banc of America Leasing & Capital, LLC
JP Morgan Chase
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Banks
Financing Institutions
Market Segment by Applications, can be divided into
TMT (Technology, Media and Telecom)
Automotive
Construction machinery
Medical devices
ECI (Energy, Chemicals and Infrastructure)
Aviation
Shipping
Manufacturing industries
Other
Summary:
Get latest Market Research Reports on Finance Lease . Industry analysis & Market Report on Finance Lease is a syndicated market report, published as Global Finance Lease Market 2019 by Company, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Finance Lease market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.