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Car Leasing Market Size to Grow by USD 51.32 Bn, Global Trucking Market Categorized as Parent Market - Technavio

NEW YORK, Oct. 10, 2022 -- The "Car Leasing Market by End-user (Commercial and Non-commercial) and Geography (APAC, Europe, North America, South America, and Middle East and Africa) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

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The potential growth difference for the car leasing market size between 2021 and 2026 is USD 51.32 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report

Parent Market Analysis

Technavio has categorized the global car leasing market as a part of the global trucking market. The parent market, the global trucking market, covers companies that are engaged in goods and passenger land transportation, including vehicle rental and taxi companies. Technavio calculates the global transportation industry market size based on combined revenue generated by companies operating in air freight and logistics, airlines, marine, railroads, and trucking sub-industries. Growth of the global trucking market will be driven by factors such as increasing volumes of goods transport, rise in vehicle rentals due to growing travel and tourism, increased share of trucking in freight transport, impact of e-commerce and omnichannel retailing, and implementation of new technologies. However, the market growth will be challenged by factors such as intense competition from the unorganized sector, shortage of drivers, and increasing operational costs.

Key Market Dynamics

The rising technological obsolescence of older cars, effective means of personal transportation for businesses, and economic way of acquiring a car are driving the growth of the car leasing market. However, factors such as limited customer awareness and acceptance in semi-urban and rural areas, value proposition of used cars, and increased challenge from on-demand taxi operators are challenging the growth of the market.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

Market Segmentation

The car leasing market report is segmented by end-user (commercial and non-commercial) and geography (APAC, Europe, North America, South America, and Middle East and Africa). APAC will be the leading region with 40% of the market's growth during the forecast period. China, Japan, and India are the key countries for the car leasing market in APAC. Moreover, market growth in this region will be faster than the growth of the market in other regions.

View our FREE PDF Sample Report for additional insights into the contribution of all the segments and regional opportunities in the report

Some Companies Mentioned

  • ALD SA
  • Arval Service Lease
  • Autoflex Leasing
  • Avis Budget Group Inc.
  • Bayerische Motoren Werke AG
  • Caldwell Leasing
  • Deutsche Sparkassen Leasing AG and Co. KG
  • Enterprise Holdings Inc.
  • Executive Car Leasing Co.
  • ExpatRide International Inc.
  • Hertz Global Holdings Inc.
  • International Car Lease Holding
  • LeasePlan Corp. NV
  • Masterlease Group
  • Mazda Motor Corp
  • Mercedes Benz Group AG
  • Orix Corp.
  • SIXT SE
  • Terberg Business Lease Group BV
  • Volkswagen AG

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Car Leasing Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.95%

Market growth 2022-2026

USD 51.32 billion

Market structure

Fragmented

YoY growth (%)

9.85

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 40%

Key consumer countries

US, China, Japan, India, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ALD SA, Arval Service Lease, Autoflex Leasing, Avis Budget Group Inc., Bayerische Motoren Werke AG, Caldwell Leasing, Deutsche Sparkassen Leasing AG and Co. KG, Enterprise Holdings Inc., Executive Car Leasing Co., ExpatRide International Inc., Hertz Global Holdings Inc., International Car Lease Holding, LeasePlan Corp. NV, Masterlease Group, Mazda Motor Corp, Mercedes Benz Group AG, Orix Corp., SIXT SE, Terberg Business Lease Group BV, and Volkswagen AG

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Key Topics Covered

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments 
    • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
  • 5.2 Comparison by End-user 
    • Exhibit 26: Chart on Comparison by End-user
    • Exhibit 27: Data Table on Comparison by End-user
  • 5.3 Commercial - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Commercial - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 29: Data Table on Commercial - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 30: Chart on Commercial - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
  • 5.4 Non commercial - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Non commercial - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 33: Data Table on Non commercial - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 34: Chart on Non commercial - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Non commercial - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by End-user 
    • Exhibit 36: Market opportunity by End-user ($ billion)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 North America - Market size and forecast 2021-2026
    • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 China - Market size and forecast 2021-2026
    • Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.9 US - Market size and forecast 2021-2026
    • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.10 Japan - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 India - Market size and forecast 2021-2026
    • Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 82: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 ALD SA 
    • Exhibit 89: ALD SA - Overview
    • Exhibit 90: ALD SA - Business segments
    • Exhibit 91: ALD SA - Key news
    • Exhibit 92: ALD SA - Key offerings
    • Exhibit 93: ALD SA - Segment focus
  • 10.4 Arval Service Lease 
    • Exhibit 94: Arval Service Lease - Overview
    • Exhibit 95: Arval Service Lease - Product / Service
    • Exhibit 96: Arval Service Lease - Key offerings
  • 10.5 Avis Budget Group Inc. 
    • Exhibit 97: Avis Budget Group Inc. - Overview
    • Exhibit 98: Avis Budget Group Inc. - Business segments
    • Exhibit 99: Avis Budget Group Inc. - Key offerings
    • Exhibit 100: Avis Budget Group Inc. - Segment focus
  • 10.6 Deutsche Sparkassen Leasing AG and Co. KG
    • Exhibit 101: Deutsche Sparkassen Leasing AG and Co. KG - Overview
    • Exhibit 102: Deutsche Sparkassen Leasing AG and Co. KG - Product / Service
    • Exhibit 103: Deutsche Sparkassen Leasing AG and Co. KG - Key offerings
  • 10.7 Enterprise Holdings Inc. 
    • Exhibit 104: Enterprise Holdings Inc. - Overview
    • Exhibit 105: Enterprise Holdings Inc. - Product / Service
    • Exhibit 106: Enterprise Holdings Inc. - Key news
    • Exhibit 107: Enterprise Holdings Inc. - Key offerings
  • 10.8 Hertz Global Holdings Inc. 
    • Exhibit 108: Hertz Global Holdings Inc. - Overview
    • Exhibit 109: Hertz Global Holdings Inc. - Business segments
    • Exhibit 110: Hertz Global Holdings Inc. - Key offerings
    • Exhibit 111: Hertz Global Holdings Inc. - Segment focus
  • 10.9 LeasePlan Corp. NV 
    • Exhibit 112: LeasePlan Corp. NV - Overview
    • Exhibit 113: LeasePlan Corp. NV - Business segments
    • Exhibit 114: LeasePlan Corp. NV - Key offerings
    • Exhibit 115: LeasePlan Corp. NV - Segment focus
  • 10.10 Mercedes Benz Group AG 
    • Exhibit 116: Mercedes Benz Group AG - Overview
    • Exhibit 117: Mercedes Benz Group AG - Business segments
    • Exhibit 118: Mercedes Benz Group AG - Key offerings
    • Exhibit 119: Mercedes Benz Group AG - Segment focus
  • 10.11 SIXT SE 
    • Exhibit 120: SIXT SE - Overview
    • Exhibit 121: SIXT SE - Business segments
    • Exhibit 122: SIXT SE - Key news
    • Exhibit 123: SIXT SE - Key offerings
    • Exhibit 124: SIXT SE - Segment focus
  • 10.12 Volkswagen AG 
    • Exhibit 125: Volkswagen AG - Overview
    • Exhibit 126: Volkswagen AG - Business segments
    • Exhibit 127: Volkswagen AG - Key offerings
    • Exhibit 128: Volkswagen AG - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 129: Inclusions checklist
    • Exhibit 130: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 131: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 132: Research methodology
    • Exhibit 133: Validation techniques employed for market sizing
    • Exhibit 134: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 135: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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