LONDON--(BUSINESS WIRE)--The car leasing market is expected to grow by 18.38 million units, progressing at a CAGR of over 15% during the forecast period.
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The rising technological obsolescence of older cars is one of the major factors propelling market growth. However, factors such as limited customer awareness and acceptance in semi-urban and rural areas will hamper the market growth.
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Car Leasing Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 75% of the market’s overall growth is expected to originate from APAC. China, India, South Korea, Japan, and Indonesia are the key markets for Car Leasing in APAC.
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Companies Covered:
- ALD SA
- Arval Service Lease
- Athlon Car Lease International BV
- Avis Budget Group Inc.
- Deutsche Leasing AG
- Enterprise Holdings Inc.
- Europcar Mobility Group SA
- Hertz Global Holdings Inc.
- LeasePlan Corporation NV
- Sixt SE
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- 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
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
- Market Overview
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 End-user by Volume
- Market segments
- Comparison by End-user by volume placement
- Commercial customers - Market size and forecast 2019-2024 ($ millions)
- Non-commercial customers - Market size and forecast 2019-2024 ($ millions)
- Market opportunity by End-user by volume
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ALD SA
- Arval Service Lease
- Athlon Car Lease International BV
- Avis Budget Group Inc.
- Deutsche Leasing AG
- Enterprise Holdings Inc.
- Europcar Mobility Group SA
- Hertz Global Holdings, Inc.
- LeasePlan Corporation NV
- Sixt SE
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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