Car Leasing Market Share and Size Analysis: Opportunities, Revenue, and Future Scope 2024-2030
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Car Leasing Market size was valued at USD 86.76 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 7.8% through 2024 to 2030, reaching nearly USD 146.78 Bn.
Car Leasing Market Overview:
The Car Leasing Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Car Leasing Market, as well as the causes for variances in the industry’s growth in various places
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Car Leasing Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Car Leasing Market Drivers:
The growth of this market is expected to be driven by factors such as rising urbanisation and the rise of smart city initiatives around the world. A smart city requires a well-functioning transportation system to avoid traffic congestion and shorten travel times. According to the World Health Organization (WHO), about half of the world's population lives in cities, with that percentage expected to rise to 60% by 2025. The usage of automobiles by a substantial portion of the population is increasing, causing increased traffic congestion and parking issues in urban areas. As a result, the public transportation system has grown rapidly.
Customer viewpoint total cost of ownership is costlier than subscription of car. About 60% of cost is incurred during use and only 40% of total ownership cost is rated to vehicle.
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Car Leasing Market Segmentation:
by Vehicle Type
Non Commercial Vehicles
Commercial Vehicles
by Type of Mode
Online
Offline
Close Market
by Services
Individual
Corporate
Car Leasing Market Key Players: The key players are
1.Athlon Car Lease International BV
2.Avis Budget Group Inc.
3.Deutsche Leasing AG
4.Enterprise Holdings Inc.
5.ALD SA
6.Europcar Mobility Group SA
7.Hertz Global Holdings, Inc.
8.LeasePlan Corporation NV
9.Sixt SE
10.Wilmar Inc.
11.Merchants
12.Ewald Automotive Group
13.Arval Service Lease
14.United Leasing & Finance
15.Caldwell Leasing
16.Element Management Corp.
17.Emkay
18.Others
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Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Car Leasing Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Key Questions Answered in the Car Leasing Market Report are:
1] What segments are covered in Car Leasing Market report?
2] Which region is expected to hold the highest share in the Global Car Leasing Market?
3] Who are the top key players in the Global Car Leasing Market?
4] Which segment holds the largest market share in the Global Car Leasing market by 2030?
5] What is the market size of the Global Car Leasing market by 2030?
6] What was the market size of the Global Car Leasing market in 2023?
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