Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay. The key difference in a lease is that after the primary term (usually 2, 3 or 4 years) the vehicle has to either be returned to the leasing company or purchased for the residual value.
APAC is the emerging market for vehicle leasing, APAC maintains double-digit growth rate of revenue during 2014-2018. The revenue of APAC is expected to reach 17.02 billion USD in the end of 2018. Among the APAC regions, China occupied the largest market, with the market share of 26% and still keep a high growth in the future.
In 2018, the global Vehicle Leasing market size was 73400 million US$ and it is expected to reach 134900 million US$ by the end of 2025, with a CAGR of 9.1% during 2019-2025.
This report focuses on the global Vehicle Leasing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Vehicle Leasing development in United States, Europe and China.
The key players covered in this study
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
Market segment by Type, the product can be split into
Business Leasing
Leisure Leasing
Market segment by Application, split into
Airport
Off-Airport
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Vehicle Leasing status, future forecast, growth opportunity, key market and key players.
To present the Vehicle Leasing development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Vehicle Leasing are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Vehicle Leasing . Industry analysis & Market Report on Vehicle Leasing is a syndicated market report, published as Global Vehicle Leasing Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Vehicle Leasing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.