LONDON--(BUSINESS WIRE)--Technavio has been monitoring the vehicle leasing market in Europe and it is poised to grow by USD 56.58 bn during 2020-2024, progressing at a CAGR of 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ALD SA, Arval Service Lease, BMW AG, Daimler AG, Deutsche Sparkassen Leasing AG & Co. KG, Europcar Mobility Group SA, LeasePlan Corp. NV, Natixis SA, Sixt SE, and Volkswagen AG are some of the major market participants. Although the cost-effective way of obtaining a vehicle will offer immense growth opportunities, the challenge posed by on-demand taxi operators will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Cost-effective way of obtaining a vehicle has been instrumental in driving the growth of the market. However, the challenge posed by on-demand taxi operators might hamper the market growth.
Vehicle Leasing Market in Europe 2020-2024: Segmentation
Vehicle Leasing Market in Europe is segmented as below:
-
Type
- Passenger Cars
- Commercial Vehicles
-
Geography
- UK
- Germany
- France
- Rest Of Europe
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Vehicle Leasing Market in Europe 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our vehicle leasing market in Europe report covers the following areas:
- Vehicle Leasing Market in Europe size
- Vehicle Leasing Market in Europe trends
- Vehicle Leasing Market in Europe industry analysis
This study identifies the use of telematics in leased vehicles as one of the prime reasons driving the vehicle leasing market in Europe growth during the next few years.
Vehicle Leasing Market in Europe 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Vehicle Leasing Market in Europe, including some of the vendors such as ALD SA, Arval Service Lease, BMW AG, Daimler AG, Deutsche Sparkassen Leasing AG & Co. KG, Europcar Mobility Group SA, LeasePlan Corp. NV, Natixis SA, Sixt SE, and Volkswagen AG. Backed with competitive intelligence and benchmarking, our research reports on the Vehicle Leasing Market in Europe are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Vehicle Leasing Market in Europe 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist the growth of vehicle leasing market in Europe during the next five years
- Estimation of the vehicle leasing market size in Europe and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the vehicle leasing market in Europe
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of vehicle leasing market in Europe vendors
Table Of Contents :
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Passenger cars - Market size and forecast 2019-2024
- Commercial vehicles - Market size and forecast 2019-2024
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- UK - Market size and forecast 2019-2024
- Germany - Market size and forecast 2019-2024
- France - Market size and forecast 2019-2024
- Rest of Europe - Market size and forecast 2019-2024
- Market opportunity by geography
- Volume drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ALD SA
- Arval Service Lease
- BMW AG
- Daimler AG
- Deutsche Sparkassen Leasing AG & Co. KG
- Europcar Mobility Group SA
- LeasePlan Corp. NV
- Natixis SA
- Sixt SE
- Volkswagen AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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