Press Releases

Global Car leasing Market is Expected to Grow at a CAGR of 15 % in the Forecast Period of 2020-2025.

Expert Market Research Thumbnail Image

"According to a new report by EMR titled, ‘Global Car leasing Market Report and Forecast 2020-2025’, the global car leasing market is going to be supported by the company car leasing market, which is expected to grow at a CAGR of 4% between 2020 and 2025 to reach a volume of 10.12 million metric units by 2025."

The global car leasing market is rapidly growing at a CAGR of 15% due to the increasing demand. The leading markets for car leasing include Europe, the Asia Pacific, Japan, Australia, and the Americas. The company car leasing market, which reached a volume of 8 million units in 2019, is a major driver, propelling the market growth further. The car leasing industry is witnessing a healthy growth in regions like North America and Europe, with a rising trend of leasing cars by individuals and companies to save on the cost of purchasing a car and other overhead expenses. Due to the increasing issues of traffic and parking, more and more regions are shifting to car leasing from car buying to save on taxes and time. The demand for carpooling is also rising due to traffic issues, which is also driving the demand for car leasing as it is more manageable.

In 2019, Honda Motors, a key automobiles manufacturer, joined hands with ORIX Corporation (NYSE: IX) to introduce car leasing services. These services are available for both individuals as well as corporate consumers, with Honda offering fleets from its City, Civic, and CR-V lines. The target customers of the collaboration will be businessmen, self-employed professions, and other salaried individuals, with the companies involved planning to take advantage of the rising car leasing market in India. Earlier, other automotive manufacturers like FCA and Skoda had also announced their partnership with ORIX, a leading car leasing company.

Market Breakup by Vehicle Type, Lease Type, Service Provider Type, Tenure, End-Use, and Regions:

  • The vehicle types in the car leasing market can be divided into passenger and commercial vehicles.
  • The lease type can be segmented into closed-ended lease, option to buy lease, sub-vented lease, and others.
  • The service providers in the car leasing industry include OEM and bank-affiliated, among others.
  • The tenure for car leasing could be short or long term.
  • Car leasing finds its end uses in commercial and non-commercial sectors.
  • The regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The growing centralization of fleet sourcing is driving the car leasing market.
  • The growing trend for driverless or self-driving vehicles is providing further impetus to the market growth.
  • The market is also being driven due to the growing traffic issues, especially in the major towns and cities.
  • With the rise of cabs and carpooling, the market for car leasing is rising.
  • The growing need for control and management of vehicles on the road is providing further impetus to the market growth.
  • The growing problems related to parking is propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global car leasing market for the periods (2015-2019) and (2020-2025).
  • The historical (2015-2019) and forecast (2020-2025) market analysis for the vehicle type, lease type, service provider type, tenure, end-use, and regions have also been provided in the report issued by EMR.
  • It provides an assessment of the market based on Porter’s Five Forces model, along with SWOT and cost analysis.

The major players included in the global car leasing market include ALD Automotive Pvt Ltd, Arval BNP Paribas Group, LeasePlan, Wheels, Inc., ORIX Corporation, Volkswagen Financial Services, and Sixt Leasing, among others. This comprehensive report by EMR covers the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Contact Us:

Expert Market Research 
Website: www.expertmarketresearch.com
Email:
sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Purchase Options  

Buy Now  

Call us on

( USA & Canada )
+1-415-325-5166
us.sales@expertmarket
research.com
( United Kingdom )
+44-702-402-5790
uk.sales@expertmarket
research.com
Send Enquiry  

"Global Car Leasing Market: By Vehicle Type: Passenger Vehicle, Commercial Vehicle; By Lease Type: Closed Ended Lease, Option to Buy Lease, Sub-Vented Lease; By Service Provider Type: OEM, Bank Affiliated, Others; By Tenure: Short Term, Long Term; By End Use: Commercial, Non-Commercial; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Procurement Strategy; Cost Analysis; Competitive Landscape & Supplier Analysis; Events and Developments"

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Expert Market Research Thumbnail Image
United States Electric Vehicle Charging Infrastructure (EVCI) Market Report and Forecast 2020-2025

The United States electric vehicle charging infrastructure (EVCI) industry attained a value of USD 2 billion in 2019. The industry is further expected to grow in the forecast period of 2020-2025 at a ...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Transportation Management Systems Market Report and Forecast 2020-2025

The global transportation management systems market attained a value of USD 71 billion in 2019. The transportation management systems market is further expected to grow in the forecast period of 2020-...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Vehicle-to-Everything (V2X) Communication System Market Report and Forecast 2020-2025

The global vehicle-to-everything (V2X) communication system market is estimated to grow at a CAGR of almost 15.6% in the forecast period of 2020-2025. The global vehicle-to-everything (V2X) communicat...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Vehicle Access Control Market Report and Forecast 2020-2025

The global vehicle access control market was valued at nearly USD 10.5 billion in 2019 and is further expected to grow at a CAGR of 11% during the forecasted period of 2020-2025 to reach USD 19.6 bill...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Vehicle Electrification Market Report and Forecast 2020-2025

The global vehicle electrification market was valued at nearly USD 70.84 billion in 2019. The vehicle electrification market is further projected to grow at a CAGR of 9% during the forecast period of ...

  • 24 Hour Email Delivery
  • Price: $ 2999

Stay informed with our free industry updates.