Technavio has been monitoring the car leasing market and it is poised to grow by 18.38 mn units during 2020-2024, progressing at a CAGR of over 15% 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 concentrated, and the degree of concentration will accelerate during the forecast period. 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, and Sixt SE are some of the major market participants. Although the rising technological obsolescence of older cars will offer immense growth opportunities, limited customer awareness 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.
Rising technological obsolescence of older cars has been instrumental in driving the growth of the market. However, limited customer awareness might hamper market growth.
Car leasing market 2020-2024 : Segmentation
Car leasing market is segmented as below:
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Car leasing market 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 car leasing market report covers the following areas:
This study identifies the emergence of car leasing as an effective means of personal transportation for businesses as one of the prime reasons driving the car leasing market growth during the next few years.
Car leasing market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the car leasing market, including some of the vendors such as 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, and Sixt SE. Backed with competitive intelligence and benchmarking, our research reports on the car leasing market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Car leasing market 2020-2024 : Key Highlights
Table Of Contents :
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user by Volume
Customer Landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
About Us
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