Automobile Leasing Market Scope
Automobile Leasing leads to use the new vehicle without transfer of ownership of the vehicle, i.e. without paying a large amount money or taking out a loan. The vehicles can be available to use with small amount of down payments. On average less than 20% of the car original value need to be paid to the automobile lenders.
The market study is being classified by Type (Short-term Rental and Long-term Rental), by Application (Personal, Enterprise and Other) and major geographies with country level break-up.
Research Analyst at AMA predicts that American and European Vendors will contribute to the maximum growth of Global Automobile Leasing market throughout the predicted period.
Enterprise (United States), Hertz Global Holdings Inc. (United States), Avis Budget Group (United States), Europcar (France), Sixt Car Hire (Germany), ALD Automotive (France), Localiza (Brazil), Movida (Brazil), CAR Inc. (China) and Unidas (Brazil) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Goldcar (Spain), Fox Rent a Car (United States), Advantage OPCO, LLC (United States), LeasePlan Corporation (Netherlands), ACE Rent a Car (United States), Ehi Car Services Ltd (ADR) (China), U-Save Car & Truck Rental, Inc. (United States) and Yestock Car Rental Co ltd. (Hong Kong).
AdvanceMarketAnalytics has segmented the market of Global Automobile Leasing market by Type, Application and Region.
On the basis of geography, the market of Automobile Leasing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vehicle Type, the sub-segment i.e. Two Wheelers will boost the Automobile Leasing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Consumer Type, the sub-segment i.e. Commercial Customers will boost the Automobile Leasing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In July 2018, a global provider of mobility solutions, Europcar Mobility Group has started offering services from rental and car-sharing to chauffeur. This Group is joining the Mobility as a Service (MaaS) Alliance, whose goal is to promote the integration of various transport services into a single mobility service accessible on demand.
On December 11, 2018, Hertz and CLEAR has announced the launch of Hertz Fast Lane powered by CLEAR, this new service uses biometrics to drastically speed up the car rental process and get travelers through the exit gate and on the road in 30 seconds or less which will save operation time at least by 75 percent.
- Introduction to New Mobility Techniques
- Growing Demand for Subscription Based Leasing
- Cost Saving Advantages of Car Leasing
- Costs Independent of Current Pricing Fluctuations simplifies Reselling
- Increasing Demand for Electronic Vehicle Leasing
- Introduction to Private Leasing
- Cost Consuming in the Long Run
- Driving Limits up to Specific Miles per Year
- Higher Insurance Costs
- Prerequisites of Past Credits and Financial History
Key Target AudienceAutomobile Leasing Service Providers, Automobile Manufacturers, Automobile Insurance Companies, Travel Agencies, Government Agencies and Others
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase