Global Finance Lease Market Growth (Status and Outlook) 2023-2029

Global Finance Lease Market Growth (Status and Outlook) 2023-2029

A financial lease is a method used by a business for acquisition of equipment with payment structured over time. To give proper definition, it can be expressed as an agreement wherein the lessor receives lease payments for the covering of ownership costs. Moreover, the lessor holds the responsibility of maintenance, taxes, and insurance.

A financial lease is similar to an out-and-out purchase transaction which has been financed through a term loan, in that the payments are made on a monthly basis. However, unlike an out-and-out purchase transaction in that the lessee doesn’t present the obligated balance as debt, shows payments as expensed, and retains the equipment title. During the lease period, the finance company is considered as the legal owner of the asset.

LPI (LP Information)' newest research report, the “Finance Lease Industry Forecast” looks at past sales and reviews total world Finance Lease sales in 2022, providing a comprehensive analysis by region and market sector of projected Finance Lease sales for 2023 through 2029. With Finance Lease sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Finance Lease industry.

This Insight Report provides a comprehensive analysis of the global Finance Lease landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Finance Lease portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Finance Lease market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Finance Lease 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 Finance Lease.

The global Finance Lease market size is projected to grow from US$ 795440 million in 2022 to US$ 1197380 million in 2029; it is expected to grow at a CAGR of 6.0% from 2023 to 2029.

The most share of application in global Finance Lease market is TMT, which has a nearly 25% share, followed by automotive and ECI.

This report presents a comprehensive overview, market shares, and growth opportunities of Finance Lease market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Banks
Financing Institutions

Segmentation by application
TMT (Technology, Media and Telecom)
Automotive
Construction machinery
Medical devices
ECI (Energy, Chemicals and Infrastructure)
Aviation
Shipping
Manufacturing industries
Others

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.
HSBC Bank
Sumitomo Mitsui Finance and Leasing
BNP Paribas Leasing Solutions
Wells Fargo Equipment Finance
Banc of America Leasing & Capital, LLC
JP Morgan Chase

Please note: The report will take approximately 2 business days to prepare and deliver.