Car Leasing Market Report: Trends, Forecast and Competitive Analysis to 2030

Car Leasing Trends and Forecast

The future of the global car leasing market looks promising with opportunities in the commercial customer and non-commercial customer markets. The global car leasing market is expected to reach an estimated $135.6 billion by 2030 with a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are increasing preference towards electric and hybrid vehicles, growing demand for ride-hailing services, and expanding preference for short-term leases.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Car Leasing by Segment

The study includes a forecast for the global car leasing by lease, vehicle, end use, and region.

Car Leasing Market by Lease [Shipment Analysis by Value from 2018 to 2030]:

• Open-Ended
• Close Ended

Car Leasing Market by Vehicle [Shipment Analysis by Value from 2018 to 2030]:

• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Car Leasing Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Commercial Customers
• Non-Commercial Customers

Car Leasing Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Car Leasing Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies car leasing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the car leasing companies profiled in this report include-

• Caldwell Leasing
• United Leasing & Finance
• Avis Budget
• Enterprise
• Element Management
• Wilmar
• Emkay
• Ewald Automotive
• SIXT Leasing
• Merchants

Car Leasing Market Insights

Lucintel forecasts that open-ended is expected to witness higher growth over the forecast period.

Within this market, commercial customer is expected to witness higher growth over the forecast period.

North America is expected to witness the highest growth over the forecast period.

Features of the Global Car Leasing Market

Market Size Estimates: Car leasing market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Car leasing market size by lease, vehicle, end use, and region in terms of value ($B).

Regional Analysis: Car leasing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different leases, vehicles, end uses, and regions for the car leasing market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the car leasing market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the car leasing market size?

Answer: The global car leasing market is expected to reach an estimated $135.6 billion by 2030.

Q2. What is the growth forecast for car leasing market?

Answer: The global car leasing market is expected to grow with a CAGR of 7.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the car leasing market?

Answer: The major drivers for this market are increasing preference towards electric and hybrid vehicles, growing demand for ride-hailing services, and expanding preference for short-term leases.

Q4. What are the major segments for car leasing market?

Answer: The future of the car leasing market looks promising with opportunities in the commercial customers and non-commercial customers markets.

Q5. Who are the key car leasing market companies?

Answer: Some of the key car leasing companies are as follows:

• Caldwell Leasing
• United Leasing & Finance
• Avis Budget
• Enterprise
• Element Management
• Wilmar
• Emkay
• Ewald Automotive
• SIXT Leasing
• Merchants

Q6. Which car leasing market segment will be the largest in future?

Answer: Lucintel forecasts that open-ended is expected to witness higher growth over the forecast period.

Q7. In car leasing market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness the highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the car leasing market by lease (open-ended and close ended), vehicle (passenger car, light commercial vehicle, and heavy commercial vehicle), end use (commercial customers and non-commercial customers), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?