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.
Scope of the Report:
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 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.
The global Vehicle Leasing market is valued at 73400 million in 2018 and is expected to reach 113100 million by the end of 2024, growing at a CAGR of 9.0% 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 Vehicle Leasing.
Europe also play important roles in global market, with market size of xx million in 2019 and will be xx million in 2024, with a CAGR of xx%.
This report studies the Vehicle Leasing 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 Vehicle Leasing market by product type and applications/end industries.
Market Segment by Companies, this report covers
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 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
Business Leasing
Leisure Leasing
Market Segment by Applications, can be divided into
Airport
Off-Airport
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 2019 by Company, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Vehicle Leasing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.