Global Automotive Fleet Leasing Market 2024-2028
The automotive fleet leasing market is forecasted to grow by USD 9.20 bn during 2023-2028, accelerating at a CAGR of 5.98% during the forecast period. The report on the automotive fleet leasing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in focus on cost-effective solutions in logistics and transportation sector, rise in adoption of car subscription models in automotive fleet leasing industry, and rise in shift from vehicle purchase to vehicle leasing.
Technavio's automotive fleet leasing market is segmented as below:
By Vehicle Type
- Passenger cars
- Commercial vehicles
By Type
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the rise in adoption of electric and autonomous vehicles in automotive fleet leasing industry as one of the prime reasons driving the automotive fleet leasing market growth during the next few years. Also, growing focus on sustainability and environmental regulations and rise in adoption of telematics in leased vehicles will lead to sizable demand in the market.
The report on the automotive fleet leasing market covers the following areas:
- Automotive fleet leasing market sizing
- Automotive fleet leasing market forecast
- Automotive fleet leasing market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive fleet leasing market vendors that include ALD SA, Avis Leasing, Donlen Corp., Element Fleet Management Corp., Emkay Inc., Enterprise Holdings Inc., Flex Fleet Rental, Hertz Global Holdings Inc., Holman Inc., Inchcape Plc, Mercedes Benz Group AG, Merchants Fleet, Milestone Equipment Holdings LLC, Nissan Motor Co. Ltd., Ryder System Inc., SG fleet Group, SIXT SE, Solera Holdings LLC, TomTom NV, Union Leasing Inc., and Wheels Inc.. Also, the automotive fleet leasing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.