DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/rxwpvn/car_leasing) has announced the addition of the "Central and Eastern Europe Car Leasing Market Report 2014 - Forecasts to 2018" report to their offering.
The market is forecast to grow at a CAGR of 2.82 percent over the period 2014-2018.
Banks and independent lease companies are currently dominating the market. This is due to their huge customer base and ability to offer financing programmes at relatively lower costs. In addition, banks and independent lease companies have well-established infrastructures and competitive intelligence in the market. There is an immense opportunity for CFCs to make a foray into the market and make their presence known; however, this will involve a huge entry cost.
According to the report, with the gradual aging of cars, there is an increased demand for new and small cars in the market. In addition, there is a significant demand for used cars, which are imported from Western Europe and are leased by banks and independent lease companies. This demand has stimulated the Car Leasing market in Central and Eastern Europe, thereby increasing the demand for car leasing.
Further, the report states that tougher regulations appear to be making it harder to export into or set up production facilities. Environmental restrictions are set to increase more than any other type of restriction. In an effort to reduce pollution levels and to follow environmental guidelines, governments in many countries are encouraging the use of EVs and governmental intervention is expected to rise in the future. Significant changes in market conditions and the anticipated rise in import/export duties may have a negative impact on the demand for car leasing.
The key vendors dominating this market space are:
- AK Sberegatel'nyi Bank Rossiyskoy Federatsii OAO
- Unicredit Bank ZAO
- Alfa Bank
- VTB Bank OJSC.
Other vendors mentioned in the report are:
- OJSC VEB-Leasing
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Geographical Segmentation
08. Key Leading Countries
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/rxwpvn/car_leasing