Global Commercial Vehicle Leasing Market Growth (Status and Outlook) 2024-2030
Commercial Vehicle Leasing refers to a business arrangement in which a company leases vehicles for their commercial purposes rather than purchasing them outright. This type of leasing typically involves renting vehicles such as trucks, vans, or other vehicles used for business transportation and delivery services. The leasing agreement usually involves a fixed term during which the company pays a monthly fee to use the vehicles. At the end of the lease term, the company may have the option to return the vehicles, extend the lease, or purchase the vehicles at a predetermined price. Commercial Vehicle Leasing can provide businesses with flexibility, cost savings, and the ability to use newer vehicles without the long-term commitment of ownership.
The global Commercial Vehicle Leasing market size is projected to grow from US$ 99730 million in 2024 to US$ 145640 million in 2030; it is expected to grow at a CAGR of 6.5% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Commercial Vehicle Leasing Industry Forecast” looks at past sales and reviews total world Commercial Vehicle Leasing sales in 2022, providing a comprehensive analysis by region and market sector of projected Commercial Vehicle Leasing sales for 2023 through 2029. With Commercial Vehicle Leasing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Vehicle Leasing industry.
This Insight Report provides a comprehensive analysis of the global Commercial Vehicle Leasing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Commercial Vehicle Leasing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Vehicle Leasing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Vehicle Leasing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Vehicle Leasing.
United States market for Commercial Vehicle Leasing is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Commercial Vehicle Leasing is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Commercial Vehicle Leasing is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Commercial Vehicle Leasing players cover Enterprise Holdings, Penske, Avis Budget, Ryder, Europcar (Eurazeo), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Vehicle Leasing market by product type, application, key players and key regions and countries.
Segmentation by Type:
Truck
Van
Trailer
Bus and Coach
Others
Segmentation by Application:
Business
Individual
Government and Institution
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Truck
Van
Trailer
Bus and Coach
Others
Segmentation by Application:
Business
Individual
Government and Institution
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Enterprise Holdings
Penske
Avis Budget
Ryder
Europcar (Eurazeo)
Hertz
Sumitomo Mitsui Auto Service (SMAS)
Dah Chong Hong Holdings
Arval (BNP Paribas)
Localiza
Paccar
Ayvens (Societe Generale)
Shouqi Zuche
Sixt
Petit Forestier
TIP Group
Lionbridge Financing Leasing
TEC Equipment
The Larson Group (TLG)
FAW Leasing
Merchants Fleet
Minsheng Financial Leasing
Beijing Zhongche Xinrong Car Leasing
Asset Alliance Group
Vanarama (Auto Trader Group)
Pan Pacific Van & Truck Leasing Pte Ltd
D&M Leasing (Hernco)
Please note: The report will take approximately 2 business days to prepare and deliver.