Global Automotive Finance Market Assessment 2017-2027: A Projected $400+ Billion Industry by 2027 - ResearchAndMarkets.com

DUBLIN--()--The "Automotive Finance - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Automotive Finance market accounted for $204.06 billion in 2018 and is expected to reach $404.53 billion by 2027, growing at a CAGR of 7.9% during the forecast period.

Some of the key factors propelling the market growth include increasing investments in autonomous vehicles prompt financing from credit unions, dealers, and banks, increase in the use of online services, advancements in blockchain technology, and growing innovation in e-commerce. However, the dependence of vehicle buying on the future outlook of the economy and the practical consumer buying confidence are restraining the market growth.

By loan provider, the original equipment manufacturers (OEMs) segment is projected to witness significant growth over the forecast period. Automotive OEMs offer better after-sales services owing to the availability of identical vehicle parts, as that of the vehicle financed, for the purpose of replacement or repair. Furthermore, OEMs are now focusing on ensuring the delivery of superior products at competitive pricing.

On the basis of geography, Asia-Pacific is expected to have considerable market growth during the forecast period, due to the increasing number of favourable government initiatives, especially in India, China, and Japan, to maintain consumer interest and promote growth in the automotive industry. Furthermore, the automotive financing market in Asia Pacific has become highly competitive with an increase in the number of used-car outlets and vehicle showrooms. Moreover, a decline in automotive loan rates in the region is further expected to propel the regional growth.

Some of the key players in automotive finance market include Bank of America Corporation, Ford Credit, Ally Financial Inc, Honda Financial Services, Hitachi Capital Asia-Pacific Pte. Ltd., BMW Financial, HSBC Holdings plc, Maruti Finance, HDFC Bank Limited, TATA Motor Finance. ICBC (Industrial and Commercial Bank of India), Volkswagen AG, Bank of China, BNP Paribas SA, Capital One Financial Corporation, Standard Bank Group Ltd, Wells Fargo & Co, Mercedes-Benz Financial Services (Daimler AG), Toyota Financial Services, and Banco Bradesco SA.

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 End User Analysis

3.7 Emerging Markets

3.8 Impact of COVID-19

4 Porters Five Force Analysis

5 Global Automotive Finance Market, By Service Type

5.1 Introduction

5.2 Used Vehicles

5.3 New Vehicles

6 Global Automotive Finance Market, By Type

6.1 Introduction

6.2 Finance Lease

6.3 Operating Lease

6.4 Chattel Mortgage

6.5 Standard Loan

6.6 Novated Lease

6.7 Commercial Hire Purchase

7 Global Automotive Finance Market, By Duration

7.1 Introduction

7.2 24 Months

7.3 36 Months

7.4 48 Months

7.5 60 Months

7.6 72 Months

8 Global Automotive Finance Market, By Loan Provider

8.1 Introduction

8.2 Banks

8.3 Original Equipment Manufacturers (OEMs)

8.4 Financing Institutions

8.5 Credit Unions

9 Global Automotive Finance Market, By End User

9.1 Introduction

9.2 Commercial Use

9.3 Residential Use

9.4 Government Use

10 Global Automotive Finance Market, By Finance Type

10.1 Introduction

10.2 Indirect

10.3 Direct

11 Global Automotive Finance Market, By Purpose Type

11.1 Introduction

11.2 Leasing

11.3 Loan

12 Global Automotive Finance Market, By Vehicle Type

12.1 Introduction

12.2 Passenger Vehicles

12.3 Commercial Vehicles

13 Global Automotive Finance Market, By Geography

13.1 Introduction

13.2 North America

13.3 Europe

13.4 Asia-Pacific

13.5 South America

13.6 Middle East & Africa

14 Key Developments

14.1 Agreements, Partnerships, Collaborations and Joint Ventures

14.2 Acquisitions & Mergers

14.3 New Product Launch

14.4 Expansions

14.5 Other Key Strategies

15 Company Profiling

15.1 Bank of America Corporation

15.2 Ford Credit

15.3 Ally Financial Inc.

15.4 Honda Financial Services

15.5 Hitachi Capital Asia-Pacific Pte. Ltd.

15.6 BMW Financial

15.7 HSBC Holdings plc

15.8 Maruti Finance

15.9 HDFC Bank Limited

15.10 TATA Motor Finance

15.11 ICBC (Industrial and Commercial Bank of India)

15.12 Volkswagen AG

15.13 Bank of China

15.14 BNP Paribas S.A.

15.15 Capital One Financial Corporation

15.16 Standard Bank Group Ltd.

15.17 Wells Fargo & Co.

15.18 Mercedes-Benz Financial Services (Daimler AG)

15.19 Toyota Financial Services

15.20 Banco Bradesco S.A.

For more information about this report visit https://www.researchandmarkets.com/r/5b9zs1

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900