According to a market report by Lucintel, the future of the global passenger and commercial vehicle leasing market looks promising with opportunities in the passenger vehicle and commercial vehicle markets. The global passenger and commercial vehicle leasing market is expected to grow with a CAGR of 7.6% from 2024 to 2031. The major drivers for this market are the increasing demand for flexible mobility, the rising preference for cost-effective transportation, and the growing shift toward vehicle leasing services.
A more
than 150-page report to understand trends, opportunity and forecast in global passenger
and commercial vehicle leasing market to 2031 by vehicle type (passenger
vehicle and commercial vehicle), lease type (close ended lease, option to buy
lease, sub-vented lease, and others), providers (OEM, bank affiliated, and
nonbank financial companies), tenure (short term and long term), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the tenure category, long term is expected to witness
higher growth over the forecast period.
Within the
vehicle type category, passenger vehicle is expected to witness higher growth.
Download
sample by clicking on passenger
and commercial vehicle leasing market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Arval BNP
Paribas Group, Wheels, ORIX Corporation, Mercedes-Benz Group, Merchants Fleet are
the major suppliers in the passenger
and commercial vehicle leasing market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com to get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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