Global Financial Leasing Services Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Financial Leasing Services Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Financial Leasing Services market finds that the global Financial Leasing Services market reached a value of USD 1478110.72 million in 2022. It’s expected that the market will achieve USD 2140625.83 million by 2028, exhibiting a CAGR of 6.37% during the forecast period.

Market Drivers and Impact

Compared with the leasing markets of developed countries in Europe and North America, China's financial leasing industry is still in the initial stage of development, but there is a lot of room for improvement and market potential. In recent years, China's economy has developed rapidly and its scientific and technological strength has increased accordingly. At the same time, with the continuous advancement of national policies such as One Belt One Road and Made in China 2025, the operating environment of the financial leasing industry continues to be optimized and market demand is gradually increasing, bringing good development space and opportunities to the financial leasing industry. China has a good economic foundation, a research environment and government support, which provide possibilities for the financial leasing service industry.

Market Challenges and Impact

For the financial leasing industry, credit risk and exchange rate risk have a great impact on the industry. For example: As the information network technology and credit system are not sound enough, neither the lessee nor the rental house can investigate the customer's credit, and the risk of cooperation between the two parties is high; for multinational leasing companies, changes in the exchange rate of various countries will cause traders to generate economic losses.

Market Trends

According to the application, the financial leasing market has been subdivided into automobiles, energy, chemical and infrastructure (ECI), aviation, medical equipment, etc. Among them, aviation and medical equipment are capital-intensive equipment, and the purchase and maintenance costs of such equipment are high, so the demand for such equipment in the market will increase.

Region Overview:

From 2022-2027, Americas is estimated to witness robust growth prospects.

Company Overview:

BNP Paribas Leasing Solutions is one of the major players operating in the Financial Leasing Services market, holding a share of 1.13% in 2020.

BNP Paribas Leasing Solutions Ltd. provides leasing solutions. The company provides leasing and financing solutions for assets such as commercial vehicles. The group has a key position in its three main activities: the domestic market, international financial services (its retail banking network and financial services are covered by retail banking and services), and corporate and institutional banking.

Sumitomo Mitsui Finance and Leasing Co., Ltd offers leasing services. The Company provides equipment leasing and installment sales for manufacturing, finance, wholesale, public, and medical sectors. Sumitomo Mitsui Finance and Leasing also offers loans, real estate leasing, and other financial services.

Segmentation Overview:

Among different product types, Operating Lease segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Commercial segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Financial Leasing Services market covered in Chapter 3:

Minsheng Financial Leasing
Ping An International Financial Leasing Co., Ltd
Bohai Leasing
Wells Fargo Equipment Finance
Banc of America Leasing & Capital
Sumitomo Mitsui Finance and Leasing Company
Enterprise Holdings, Inc.
General Motors Financial Company
aercap
BOC Aviation
CMB Financial Leasing
DLL Finance LLC
BNP Paribas Leasing Solutions
ICBC Financial Leasing Co.

In Chapter 4 and Chapter 14.2, on the basis of types, the Financial Leasing Services market from 2018 to 2029 is primarily split into:

Capital Lease
Operating Lease
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Financial Leasing Services market from 2018 to 2029 covers:

Personal
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)