Car Leasing Market Set to Expand to US$ 146.78 Bn by 2030

Car Leasing Market size was valued at US$ 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 US$ 146.78 Bn.

Car Leasing Market Overview:

The corporate sector accounts for roughly 66% of the new automobile market. It is discovered that the firm name is mostly used for this vehicle registration. The term "real fleet" refers to this category of business vehicles. Vehicles are necessary for corporate operations for a variety of reasons. The overall business vehicle market will grow from its current 53% share to 63% in the future.

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Car Leasing market Market Scope:

It is anticipated that this market will grow as a result of global smart city initiatives and increased urbanization. An efficient transit system is necessary for a smart city in order to reduce traffic and trip times. The World Health Organization (WHO) estimates that by 2025, 60% of people on the planet would reside in cities, making up about half of all people on Earth. A significant percentage of the population is utilizing cars more frequently, which is contributing to traffic congestion and parking problems in cities. The system of public transportation has expanded quickly as a result.

Car Leasing segmentation:

by Vehicle Type

Non-commercial vehicles
Commercial Vehicles

by Type of Mode

Online
Offline
Close Market

by Services

Individual
Corporate

Car Leasing : Key Players:
The competitive landscape of the Car Leasing market provides information about competitors.
1. Atlon Car Lease International BV
2. Avis Budget Group, Inc.
3. Deutsche Leasing AG
4. Enterprise Holdings Inc.
5.ALD SA
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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Car Leasing : Regional Analysis:

North America: (Canada, Mexico, and the United States)
Europe (including Austria, Sweden, Germany, Italy, Spain, UK, and France)
Asia Pacific includes Bangladesh, Pakistan, Taiwan, Malaysia, Vietnam, South Korea, Japan, India, Australia, Indonesia, and the rest of APAC.
Africa and the Middle East (South Africa, the GCC, Egypt, Nigeria, and Rest)

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COVID-19 Impact Analysis on the Market:

The study offers a thorough examination of how COVID-19 has affected the market for Car Leasing. The COVID-19 pandemic has resulted in thousands of cases being recorded worldwide, prompting the World Health Organization to declare a global health emergency. These patients' coronavirus illness has ramifications for the markets for Car Leasing.

Key Questions Answered in the Car Leasing Market Report are:

Which are the crucial factors aiding Car Leasing market growth?
Which region has the maximum share in the Car Leasing market?
What will be the CAGR of the Car Leasing market during the forecast period (2024–2030)?
Which segment emerged as the leading segment in the Car Leasing market?
Who are the main players in the Car Leasing market?

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