Global Heavy Vehicle Rental Market Growth (Status and Outlook) 2024-2030

Global Heavy Vehicle Rental Market Growth (Status and Outlook) 2024-2030

A business model in which the leasing operator delivers heavy vehicles (such as heavy trucks, heavy tractors, etc.) to the lessee for use within the agreed period and collects the corresponding leasing fees, but does not provide driving services. The core of this leasing method is to separate the asset use right from the ownership right of the heavy vehicle. The lessor retains the asset ownership, while the lessee obtains the right to use the asset during the lease period.

The global Heavy Vehicle Rental market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

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

This Insight Report provides a comprehensive analysis of the global Heavy Vehicle Rental 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 Heavy Vehicle Rental portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Heavy Vehicle Rental market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy Vehicle Rental 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 Heavy Vehicle Rental.

United States market for Heavy Vehicle Rental 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 Heavy Vehicle Rental 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 Heavy Vehicle Rental is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Heavy Vehicle Rental players cover MC Group, Hexagon Leasing, Collease Truck & Trailer Rentals, MC Rental, Nexus Vehicle Rental, 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 Heavy Vehicle Rental market by product type, application, key players and key regions and countries.

Segmentation by Type:
Long-Term Rental
Short-Term Rental

Segmentation by Application:
Personal
Commercial

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:
Long-Term Rental
Short-Term Rental

Segmentation by Application:
Personal
Commercial

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.
MC Group
Hexagon Leasing
Collease Truck & Trailer Rentals
MC Rental
Nexus Vehicle Rental
Alltruck PLC
Fraikin
Reflex Vehicle Hire
Northgate Vehicle Hire
Enterprise Flex-E-Rent
Mac's Truck Rental
LC Vehicle Hire
Dawsongroup
Close Brothers Vehicle Hire
MV Commercial
Thomas's Group
United Rental System

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