Singapore Auto Finance Market Size- By Vehicle Age, By Vehicle Type, By Purpose, By Loan Provider- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Introduction and Overview

A financial service known as auto finance gives people or companies the money they need to buy a car. Auto finance is useful when someone decides to purchase a car because they frequently need a sizable sum of money. People can get a loan from a bank, credit union, or other financial organization that specializes in auto financing in order to avoid having to pay the full cost of the car up front. The borrower then consents to pay back the loan over a predetermined length of time, typically in monthly installments that cover both the principal and interest.

The COVID-19 pandemic was an unexpected barrier that had a big effect on the Singapore auto finance market. People's mobility was restricted by lockdowns and other measures to stop the virus's spread, which decreased overall economic activity. Many of them experienced financial insecurity as a result, which limited their capacity to make major purchases like cars. Many would-be car buyers were reluctant to finance new cars or take out auto loans because they were afraid of losing their jobs or incomes.

Scope of the Report

Report Metric Details:

Market size available for years: 2019-2033

Base year considered: 2022

Forecast period: 2023-2033

Segments covered: By Vehicle Age, By Vehicle Type, By Purpose, By Loan Provider

Regions covered: Eastern Region, Western Region, Northern Region, Southern Region

Companies Covered: Accord Motoring, Capitall, Carro, Credit Master, Goldbell Financial Services, Hong Leong Finance, Money Max Leasing, Sing Investment & Finance, Singapore Auto Finance Property Holdings, Singapura Finance, Vincar, and Others.

Market Segmentation

By Vehicle Age: Based on the Vehicle Age, Singapore Auto Finance Market is segmented as; New Vehicles, Used Vehicles.

By Vehicle Type: Based on the Vehicle Type, Singapore Auto Finance Market is segmented as; Passenger Vehicles, Commercial Vehicles.

By Loan Provider: Based on the Loan Provider, Singapore Auto Finance Market is segmented as; Banks, OEMs, Credit Unions, Others.

By Region: This research also includes data for Eastern Region, Western Region, Northern Region, Southern Region.

Product Code: BFSI2405

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Singapore Auto Finance Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Singapore Auto Finance Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Singapore Auto Finance Market

7. Singapore Auto Finance Market, By Vehicle Age (USD Million)

7.1. Singapore Auto Finance Market Value Share and Forecast, By Vehicle Age 2024-2034
7.2. New Vehicles
7.3. Used Vehicles

8. Singapore Auto Finance Market, By Vehicle Type (USD Million)

8.1. Singapore Auto Finance Market Value Share and Forecast, By Vehicle Type, 2024-2034
8.2. Passenger Vehicles
8.3. Commercial Vehicles

9. Singapore Auto Finance Market, By Purpose (USD Million)

9.1. Singapore Auto Finance Market Value Share and Forecast, By Purpose, 2024-2034
9.2. Loan
9.3. Leasing

10. Singapore Auto Finance Market, By Loan Provider (USD Million)

10.1. Singapore Auto Finance Market Value Share and Forecast, By Loan Provider, 2024-2034
10.2. Banks
10.3. OEMs
10.4. Credit Unions
10.5. Others

11. Singapore Auto Finance Market Forecast, 2020-2034 (USD Million)

11.1. Singapore Auto Finance Market Size and Market Share

12. Singapore Auto Finance Market, By Vehicle Age, 2020-2034 (USD Million)

12.1. Singapore Auto Finance Market Size and Market Share By Vehicle Age (2019-2026)
12.2. Singapore Auto Finance Market Size and Market Share By Vehicle Age (2027-2033)

13. Singapore Auto Finance Market, By Vehicle Type, 2020-2034 (USD Million)

13.1. Singapore Auto Finance Market Size and Market Share By Vehicle Type (2019-2026)
13.2. Singapore Auto Finance Market Size and Market Share By Vehicle Type (2027-2033)

14. Singapore Auto Finance Market, By Purpose, 2020-2034 (USD Million)

14.1. Singapore Auto Finance Market Size and Market Share By Purpose (2019-2026)
14.2. Singapore Auto Finance Market Size and Market Share By Purpose (2027-2033)

15. Singapore Auto Finance Market, By Loan Provider, 2020-2034 (USD Million)

15.1. Singapore Auto Finance Market Size and Market Share By Loan Provider (2019-2026)
15.2. Singapore Auto Finance Market Size and Market Share By Loan Provider (2027-2033)

16. Singapore Auto Finance Market, By Region, 2020-2034 (USD Million)

16.1. Singapore Auto Finance Market Size and Market Share By Region (2019-2026)
16.2. Singapore Auto Finance Market Size and Market Share By Region (2027-2033)
16.3. Eastern Region
16.4. Western Region
16.5. Northern Region
16.6. Southern Region

17. Company Profile

17.1. Accord Motoring
- 17.1.1. Company details
- 17.1.2. Financial outlook
- 17.1.3. Product summary
- 17.1.4. Recent developments
17.2. Capitall
- 17.2.1. Company details
- 17.2.2. Financial outlook
- 17.2.3. Product summary
- 17.2.4. Recent developments
17.3. Carro
- 17.3.1. Company details
- 17.3.2. Financial outlook
- 17.3.3. Product summary
- 17.3.4. Recent developments
17.4. Credit Master
- 17.4.1. Company details
- 17.4.2. Financial outlook
- 17.4.3. Product summary
- 17.4.4. Recent developments
17.5. Goldbell Financial Services
- 17.5.1. Company details
- 17.5.2. Financial outlook
- 17.5.3. Product summary
- 17.5.4. Recent developments
17.6. Hong Leong Finance
- 17.6.1. Company details
- 17.6.2. Financial outlook
- 17.6.3. Product summary
- 17.6.4. Recent developments
17.7. Money Max Leasing
- 17.7.1. Company details
- 17.7.2. Financial outlook
- 17.7.3. Product summary
- 17.7.4. Recent developments
17.8. SF Holdings
- 17.8.1. Company details
- 17.8.2. Financial outlook
- 17.8.3. Product summary
- 17.8.4. Recent developments
17.9. SG Cash N Cars
- 17.9.1. Company details
- 17.9.2. Financial outlook
- 17.9.3. Product summary
- 17.9.4. Recent developments
17.10. Sing Investment & Finance
- 17.10.1. Company details
- 17.10.2. Financial outlook
- 17.10.3. Product summary
- 17.10.4. Recent developments
17.11. Singapore Auto Finance Property Holdings
- 17.11.1. Company details
- 17.11.2. Financial outlook
- 17.11.3. Product summary
- 17.11.4. Recent developments
17.12. Singapura Finance
- 17.12.1. Company details
- 17.12.2. Financial outlook
- 17.12.3. Product summary
- 17.12.4. Recent developments
17.13. Vincar
- 17.13.1. Company details
- 17.13.2. Financial outlook
- 17.13.3. Product summary
- 17.13.4. Recent developments
17.14. Others