Machinery leasing Market Definition

Machinery leasing refers to a contractual agreement where the lessor, who is the owner of the equipment, allows the lessee to use the equipment for a specified period in exchange for periodic payments. The subject of the lease may be factory machines, or any other equipment. The machinery leasing market consists of sales of machinery rental and leasing services by entities (organizations, sole traders and partnerships) that rent out or lease commercial-type and industrial-type machinery and equipment. Machinery leasing provides equipment that clients use in their business operations such as bulldozers, boom lifts, scissor lifts, mini excavators and any other specialty tools. These establishments typically cater to business clientele and do not generally operate a retail-like or storefront facility. The major benefits of leasing machinery include low maintenance costs to the lessee, tax benefits because rentals paid by the lessee are treated as revenue expenses, equipment leasing companies typically take less time to process a lease contract than a term loan, and the lessee can avoid the risk of obsolescence because they can lease different machinery to keep up with their competitors.

Private household services refer to the basic domestic services that are required for the proper running and maintenance of a household. These services include assistance with cooking and grocery shopping (if home delivery is not available), housekeeping chores, laundry help, gardening aid, and kid care and more. The main types of private household services are home care and design, repair and maintenance, HWB, and others. Home care is any form of expert assistance that enables a person to live securely in their own home, and design is the plan or specification for the construction. The various services involved are floor cleaning, window cleaning, carpet cleaning, and others that are used in construction and interior design. The global private household services market is segmented - 1) By Type: Home Care And Design, Repair And Maintenance, HWB, Other Types 2) By Services: Floor Cleaning, Window Cleaning, Carpet Cleaning, Other Services 3) By Home Improvement: Construction, Interior Design The global private household services market size is expected to grow from $267.29 billion in 2022 to $2944.20 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global private household services market size is expected to reach $423.01 billion in 2027 at a CAGR of 9.5%. The increasing demand for home cleaning services is expected to propel the growth of the private household services market going forward. Home cleaning services refer to the act of cleaning a house, room, etc. A typical house cleaning service includes wiping down bathroom and kitchen surfaces in addition to dusting, vacuuming, and cleaning the floors. Home cleaning services are primarily used in private households to remove germs along with dirt and dust, improving indoor air quality, leaving a fresh scent in their wake, and saving time and energy. Hence, the increase in demand for home cleaning will boost the market for private household services. For instance, in January 2023, according to a report published by Jobber (Octopusapp Inc.), a Canada-based software company, in 2021, 10%of all US households paid a professional service to clean their homes, and the expense of home services increased by 9.4 percent in the same year. Also, in 2021, income in the cleaning sector increased by 14%, and by 2024, it is anticipated that 80 percent of households will use home cleaning services. Further, by 2025, the residential cleaning industry is anticipated to be worth $40.38 billion. Therefore, demand for home cleaning services is driving the growth of the private household services market. Major players in the private household services market are Amazon.com Inc., Angi Inc., AskforTask Inc., Frontdoor Inc., Helping GmbH and Co. KGA, MyClean Inc., Porch.com Inc., Super Home Inc., The Home Depot Inc., The ServiceMaster Co. LLC, UrbanClap Technologies India Pvt. Ltd, American Home Shield, Angies List, Japan Best Rescue System Co. Ltd, Johns Lyng Group, Korea Housing Management Co. Ltd., ABM Industries Incorporated, Housejoy, Timesaverz, Zimmber, CleanFanatic, Clean My Space, HomeTriangle, and BookMyBai. Technological advancement is a key trend gaining popularity in the private household services market. Major companies operating in private household services are focused on developing innovative solutions to strengthen their position in the market. For instance, in June 2022, Home In One., a US-based home service company, launched a booking app platform, especially for home services. This booking experience uses a user-friendly, intuitive platform purpose-built to make home servicing as simple and convenient as possible, and the booking process easy. After choosing the desired service and setting the time and date, Home In One’s automated smart system will finds the best service provider to work on the client’s tasks. Schedules can be set for one-time or recurring appointments. Additionally, through this platform, clients can communicate with vendors to clarify things, add comments, and set ratings for their services. In October 2022, PropertyGuru Group Limited, a Singapore-based property technology company acquired Sendhelper for an undisclosed amount. With this acquisition, PropertyGuru Group Limited. aims to enter the home services industry to provide easy and reliable access to home management and maintenance services. Sendhelper is a Singapore-based home services technology company that offers a wide range of professional services, from cleaning and laundry to cooking and repair maintenance. Asia-Pacific was the largest region in the private household services market in 2022. The regions covered in the global private household services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the private household services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The private household services market includes revenues earned by entities by providing cooking services, house cleaning services, laundry services, childcare services, and gardening services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The private household services market research report is one of a series of new reports from The Business Research Company that provides private household services market statistics, including private household services industry global market size, regional shares, competitors with private household services market share, detailed private household services market segments, market trends, and opportunities, and any further data you may need to thrive in the private household services industry. This private household services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Automotive glass replacement refers to the act of substituting damaged glass components of an automobile with a new one. It is used to keep the car's structural integrity intact, give the driver a clear vision of the road, and guarantee constant safety. The main types of automotive glass replacement products are tempered and laminated, which are used in various types of vehicles, including passenger cars and heavy commercial vehicles. Tempered or toughened glass is a type of glass that has undergone precise thermal or chemical processing to make it stronger than regular glass. These are used for several applications, such as windscreen, backlite, sidelite, sunroof, and others, and are used by several end-users, including original equipment manufacturers (OEM) and aftermarket replacements (ARG). The global automotive glass replacement market is segmented - 1) By Product: Tempered, Laminated 2) By Vehicle Type: Passenger Car, Heavy Commercial 3) By Application: Windscreen, Backlite, Sidelite, Sunroof, Other Applications 4) By End Use: Original Equipment Manufacturer (OEM), Aftermarket Replacement (ARG) The global automotive glass replacement market size is expected to grow from $31.79 billion in 2022 to $35.19 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automotive glass replacement market size is expected to reach $50.33 billion in 2027 at a CAGR of 9.4%. The increased automotive production is expected to propel the growth of the automotive glass replacement market going forward. Automotive production refers to the process of mass manufacturing identical models and offering them for sale to the public. If there is an increase in the production of vehicles, there will be an increase in automotive glass production and replacement as well, due to wear and tear, safety regulations, and others. For instance, in March 2022, according to a report published by the European Automobile Manufacturers' Association (ACEA), the main lobbying and standards group for the automobile industry in the European Union, sales of passenger cars in the US increased by 5.5% from 2020 to 11.9 million units in 2021. Over 6.3 million passenger cars were produced in US auto facilities in 2021, an increase of 3.1% from 2020. Also, Chinese automakers produced 20.7 million vehicles in 2021, an increase of 7.1%. In 2021, the total number of cars produced worldwide climbed by 2.7% to 63.2 million. Therefore, the increased automotive production is driving the growth of the automotive glass replacement market. Major players in the automotive glass replacement market are AGC Inc., Corning Incorporated, Fuyao Glass Industry Group Co. Ltd., Nippon Sheet Glass Co. Ltd., Saint-Gobain S.A, Xinyi Glass Holdings Co. Ltd., Central Glass Co. Ltd., Guardian Industries, Vitro S.A.B. de C.V., Gentex Corporation, PGW, Samvardhana Motherson, Hitachi Chemical Co. Ltd., Magna International Inc., Magna International Inc., Hitachi Chemical Co. Ltd., PGW Auto Glass LLC, Polytronix Inc., Olimpia Auto Glass Inc, Shatterprufe, Taiwan Glass Ind Corp, Aziayecam Group, Kaycan Ltd, and Webasto Group. Technological advancements are a key trend gaining popularity in the automotive glass replacement market. Major companies operating in automotive glass replacement are focused on developing innovative solutions to strengthen their position in the market. For instance, in July 2021, Jeep Performance Parts (Mopar), a Netherlands-based automotive manufacturer, introduced a new, industry-leading Gorilla Glass replacement Windshield for the latest Jeep Wrangler and Gladiator models. This windscreen is made with Corning Gorilla Glass, which uses the same chemical-strengthening technology as cell phone screens. This is an ultra-thin piece of gorilla glass with a fifty-two percent thicker outer ply, making this windscreen lightweight and durable. Additionally, it offers superior resistance to chips, cracks, and fractures from stones. In November 2022, Safelite Group Inc., a US-based property technology company, acquired Genuine Auto Glass for an undisclosed amount. Through this acquisition, Safelite Group Inc., hopes to build a strong and impressive reputation for providing outstanding customer service. Genuine Auto Glass, a US-based auto glass company that repairs and replaces vehicle glass of all kinds. Asia-Pacific was the largest region in the automotive glass replacement market in 2022. It is expected to be the fastest-growing region in the global automotive glass replacement market report during the forecast period. The regions covered in the global automotive glass replacement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the automotive glass replacement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive glass replacement market includes revenues earned by entities by replacing glass, windshield, side mirrors, door glass, and other glass components. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive glass replacement market research report is one of a series of new reports from The Business Research Company that provides automotive glass replacement market statistics, including automotive glass replacement industry global market size, regional shares, competitors with a automotive glass replacement market share, detailed automotive glass replacement market segments, market trends and opportunities, and any further data you may need to thrive in the automotive glass replacement industry. This automotive glass replacement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A telephone call center refers to a customer support facility where staff members of a business answer queries, provide technical help, or receive orders over the phone. Call centers can be found inside a company or are assigned to a different business that specializes in answering calls. The main components of telephone call centers are solutions or software, software, consulting and training, integration and deployment, and support and maintenance. A call center solution is a technology that aids inbound and outbound activities in any customer service center or cloud contact center. These are deployed by cloud-based call centers, hybrid call centers, and on premise call centers for various verticals including banking, financial services, and insurance (BFSI), retail and consumer goods, IT and telecom, media and entertainment, government, healthcare, travel and hospitality, and others. The global telephone call centers market is segmented - 1) By Component: Solutions Or Software, Software, Consulting And Training, Integration And Deployment, Support And Maintenance 2) By Deployment: Cloud-Based Call Centres, Hybrid Call Centres, On-Premise Call Centres 3) By Vertical: Banking, Financial Services, And Insurance (BFSI), Retail And Consumer Goods, IT And Telecom, Media And Entertainment, Government, Healthcare, Travel And Hospitality, Other Verticals The global telephone call centers market size is expected to grow from $145.12 billion in 2022 to $149.55 billion in 2023 at a compound annual growth rate (CAGR) of 3.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global telephone call centers market size is expected to reach $160.33 billion in 2027 at a CAGR of 1.8%. The rise in the number of e-commerce vendors is expected to propel the growth of the telephone call center market in the coming future. E-commerce vendors refer to businesses and individuals that purchase and resell products and services online. E-commerce-related activities are performed on computers, tablets, cellphones, and other smart devices, and it operates in various market categories. E-commerce firms employ call center services to assist clients in making decisions about online purchases, resolving issues, and fostering a smooth customer experience. So, the increase in the e-commerce sector boosts the demand for telephone call centers. For instance, in August 2021, according to the Annual Retail Trade Survey (ARTS), a report published U.S. Census Bureau, a US-based government agency, E-commerce sales in the U.S. rose from $571.2 billion in 2019 to $815.4 billion in 2020, a surge of $244.2 billion or 43%. Further, in February 2023, according to Ecommerce Europe, a Europe-based association for companies selling products and/or services online to consumers, France's e-commerce sector (including products and services) generated €146.9 billion ($159.11 billion) in revenue in 2022, indicating a 13.8% growth over 2021. Therefore, the rise in the e-commerce market/vendors is driving the telephone call center market. Major players in the telephone call centers market are Teleperformance SE, Concentrix, Sitel Group, Transcom WorldWide AB, Atento, Intrado, TTEC Holdings Inc., Alorica, IBM Corporation, Comdata Group, Serco Group Plc, Entel Call Center S.A, Sykes Enterprises Inc., Nextiva, and Fusion BPO Services. Technological adoption is the key trend gaining popularity in the telephone call center market. Major companies operating in the telephone call center market are focused on adopting innovative technologies to strengthen their position in the market. For instance, in June 2022, Alorica Inc., a US-based customer experience management and BPO company, adopted real-time accent translation AI technology by entering into a partnership with Sanas. Alorica Inc. employs path-breaking AI technology to manage the difficulties of languages and accents while offering unbelievably excellent client experiences throughout its worldwide network. This Accent translation technology facilitates a better understanding of spoken language, improves proficiency in foreign languages, and resolves communication issues between international teams and clients. It allows CX service specialists to select a dialect that minimizes friction in real-time while maintaining the speaker's originality. Sanas is a US-based software developer for linguistic translation using artificial intelligence (AI). In August 2021, Sitel Group, a US-based customer experience management company, acquired Sykes Enterprises Inc. for approximately $2.2 billion. Through the acquisition, Sitel Group is now ranked among the top 3 global CX leaders, with more size, a broader global reach, and improved digital capabilities. This union considerably broadens global reach and the range of consumer goods and services. Sykes Enterprises Inc. is a US-based business process outsourcing company offering IT consultancy, business process outsourcing, and IT-enabled services, including customer care and technical support. North America was the largest region in the telephone call centers market in 2022. The regions covered in the global telephone call center market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the telephone call center market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The telephone call center market consists of revenues earned by entities by providing services such as communicating with the customers on behalf of the client or company for lead generation, customer retention, and surveying. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The telephone call centers market research report is one of a series of new reports from The Business Research Company that provides telephone call centers market statistics, including telephone call centers industry global market size, regional shares, competitors with a telephone call centers market share, detailed telephone call centers market segments, market trends, and opportunities, and any further data you may need to thrive in the telephone call centers industry. This telephone call centers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An authorized car service center refers to any service facility or shop designated as an authorized service center by the car manufacturer, an authorized dealer, or the Company. It is used to carry out routine maintenance, like tire rotations, oil and filter changes, and various inspections. The main authorized car service center auto body workshop types are OEM authorized workshops and organized multi-brand service providers. OEM authorized workshop refers to a service center that has gained OEM certification to only utilize factory-approved parts. OEM-approved workshops provide services utilizing the appropriate tools to install parts and only factory-approved methods. The various services offered are related to engine, transmission, brakes, suspension, electrical, body, tire, and belts and accessories for various vehicles of age less than three years and more than three years. The global authorized car service center market is segmented - 1) By Auto Body Workshop: OEM Authorized Workshops, Organized Multi-Brand Service Providers 2) By Service: Engine, Transmission, Brakes, Suspension, Electrical, Body, Tire, Belts And Accessories 3) By Vehicle Age: Less Than Three Years, More Than Three Years The global authorized car service center market size is expected to grow from $210.57 billion in 2022 to $226 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global authorized car service center market size is expected to reach $284.77 billion in 2027 at a CAGR of 5.9%. The rapid growth of the automobile industry is expected to boost the growth of the authorized car service center market going forward. The automobile industry refers to businesses engaged in the manufacture, distribution, retail, and upkeep of automobiles. In order to assure that the vehicles obtain authentic OEM (Original Equipment Manufacturer) parts and genuine services, vehicles are serviced at an authorized service center after purchase. Hence, the rapid growth of the automobile industry will require a number of authorized service center to provide genuine and better services which will boost the authorized car service center market. For instance, according to a report published by MarkLines Co., Ltd., a Japan-based automotive information platform, in 2021, automotive sales in the U.S. reached 15,079,182 units in 2021, an increase of 3.4% compared to 2020, and further, the sales of trucks and SUVs increased by 5.3%. Therefore, the rapid growth of the automobile industry is driving the growth of the authorized car service center market. Major players in the authorized car service center market are 3M, Volkswagen AG, Toyota Motor Corporation, BMW AG, Suzuki Motor Corporation, Robert Bosch GmbH, Carmozo, Castrol Limited, Carxpert Automotive, Carnation Auto Spa, Honda Motor Co. Ltd., Hyundai Motor Company, The Lansdowne Motor Company, Renault Group, and Automovill. Technological advancement is the key trend gaining popularity in the authorized car service center market. Major companies operating in the authorized car service center market are focusing on developing new technologies. For instance, in March 2022, Volvo Car Corporation, a Sweden-based manufacturer of luxury vehicles, launched UVeye an automated vehicle inspection technology. The unique feature of this technology is its high-speed, camera-based systems that scan tires, underbody components, and car exteriors for flaws, missing parts, and other safety-related issues. The automated vehicle inspection procedure is quicker than manual inspections and takes only a few seconds to complete. In February 2023, Performance Plus Quick Oil Change, a US-based oil change and car wash company, acquired Sparkle Car Care Centers for an undisclosed amount. This acquisition is expected to deepen and strengthen Performance Plus's position as a leader in the sector. A perfect synergy has been achieved between two leading automotive care companies with Performance Plus' acquisition of Sparkle Car Care Centers. Sparkle Car Care Centers is a US-based company recognized for their quality car washes and quick, efficient oil changes. North America was the largest region in the authorized car service center market in 2022. The regions covered in the global authorized car service center market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the authorized car service center market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The authorized car service center market includes revenues earned by entities by wheel alignment, wiper blade replacement, engine and cabin air filter replacement, brake fluid exchange, spark plug replacement, and other related services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The authorized car service center market research report is one of a series of new reports from The Business Research Company that provides authorized car service center market statistics, including authorized car service center industry global market size, regional shares, competitors with an authorized car service center market share, detailed authorized car service center market segments, market trends and opportunities, and any further data you may need to thrive in the authorized car service center industry. This authorized car service center market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Passenger car rentals are auto services that rent vehicles for a predetermined, typically brief amount of time. Rental cars typically have lower mileage and are serviced on a regular basis to ensure a safe and enjoyable drive. The main passenger car rental vehicle types are luxury cars, executive cars, economy cars, sports utility vehicle (SUV), and multi utility vehicle (MUVs). A luxury car is a car that offers above-average to high-end comfort, features, equipment, and/or performance. The rental durations are long-term and short-term applied for local usage, airport transport, outstation, and others. The global passenger car rental market is segmented - 1) By Vehicle Type: Luxury Cars, Executive Cars, Economy Cars, Sports Utility Vehicle (SUV), Multi Utility Vehicle (MUV) 2) By Rental Duration: Long-Term, Short-Term 3) By Application: Local Usage, Airport Transport, Outstation, Others The global passenger car rental market size is expected to grow from $164.30 billion in 2022 to $173.19 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global passenger car rental market size is expected to reach $202.40 billion in 2027 at a CAGR of 4%. The low rate of car ownership among millennials is expected to propel the growth of the passenger car rental market going forward. The owner of a vehicle is defined as either a person who is legally in possession of the vehicle or the person whose name is on the vehicle's registration with the Department of Motor Vehicles. The high cost of maintaining vehicles has led to a lower rate of car ownership among millennials resulting in increasingly renting cars instead of buying them. For instance, in July 2021, according to Experian PLC, an Ireland-based provider of data and analytical tools, the millennials saw a decrease in new car registrations, from 27.8% in Q1 2020 to 27.3% in 2021 and further demand for cars in younger generations decreasing by around 12%. Therefore, the low rate of car ownership among millennials is driving the growth of the passenger car rental market. Major players in the passenger car rental market are Avis Budget Group Inc., Sixt SE, Hertz Global Holdings Inc., Enterprise Holdings Inc., Europcar Mobility Group SA, Localiza, Carzonrent India Pvt Ltd., Eco Rent a Car, ANI Technologies Pvt Ltd., Uber Technologies Inc., Tourism Holdings Ltd., SK Rent A Car Co Ltd., ALD Automotive, Autohellas SA, and Alamo Rent-a-Car LLC. Technological advancement is a key trend gaining popularity in the passenger car rental market. Major companies operating in the passenger car rental industry are focused on developing innovative solutions to strengthen their position in the market. For instance, in June 2021, Localiza, a Brazilian-based car rental company, introduced Zarp Localiza, a new business platform. It is uniquely designed with telemetry and data sciences that allow tracking the driver and monitoring the behaviour. The app allows drivers who rent vehicles for work, and it brings together the services that comprise an app that centralizes all car rental services. It is a service platform for app drivers that includes an exclusive app as well as benefits like fuel discounts and can alert drivers with risky driving profiles and reduce the risk of accidents. In September 2020, Enterprise Holdings, an US-based car rental agency company, acquired Discount Car and Truck Rentals for an undisclosed amount. With this acquisition, Enterprise Holdings aims to improve both the quality of its service and its capacity to satisfy the specific mobility requirements of Canadian customers. Discount Car and Truck Rentals is a Canadian-based car and truck rental company serving customers across Canada. North America was the largest region in the passenger car rental market in 2022. Asia-Pacific is expected to be the global passenger car rental market report fastest-growing region in the forecast period. The regions covered in the global passenger car rental market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the passenger car rental market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The passenger car rental market includes revenues earned by entities by self-drive rental car services, intercity car rental services, and outstation car rental services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The passenger car rental market research report is one of a series of new reports from The Business Research Company that provides passenger car rental market statistics, including passenger car rental industry global market size, regional shares, competitors with a passenger car rental market share, detailed passenger car rental market segments, market trends and opportunities, and any further data you may need to thrive in the passenger car rental industry. This passenger car rental market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A maintenance service is a service offered to keep a product and related services in optimal working order. The primary objective of maintenance service is to guarantee that all production-related machinery and general services related to maintenance are working at maximum efficiency. The main maintenance services service types are inspection, maintenance, and repair. An inspection refers to the process of watching, scrutinizing, or performing a critical analysis of something to enhance or emphasize something. The various types include offshore support vessels, auvs or rovs, and others in the offshore and onshore locations. The services are applied in oil and gas, renewable, marine, power generation, infrastructures, manufacturing, and others. The global maintenance services market is segmented - 1) By Service Type: Inspection, Maintenance, Repair 2) By Type: Offshore Support Vessels, AUVs Or ROVs, Others 3) By Location: Offshore, Onshore 4) By Application: Oil And Gas, Renewable, Marine, Power Generation, Infrastructures, Manufacturing, Others The global maintenance services market size is expected to grow from $65.06 billion in 2022 to $73.13 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global maintenance services market size is expected to reach $110.74 billion in 2027 at a CAGR of 10.9%. Increasing demand for renewable energy is expected to boost the growth of the maintenance services market. Renewable energy sources are a source of energy that is never exhausted and can provide a steady flow of clean energy. Maintenance and repair services meet the unique requirements of renewable energy suppliers, including those that use hydroelectricity, wind power, and solar power. For instance, in 2020, according to the global energy review by the IEA (International Energy Agency), a Paris-based autonomous international government organization, the share of renewables in global electricity raised to 29% in 2020. 743 GW of global wind power capacity produced more than 6% of all electricity (of which 70.4% was generated onshore). Therefore, the rising demand for renewable energy is driving the growth of the maintenance services market. Major players in the maintenance services market are Fugro, TechnipFMC plc, Petrofac Ltd., Baker Hughes Company, James Fisher and Sons Plc, Bluestream Offshore B V, SeaTec UK Ltd., Royal Boskalis Westminster N V, Schlumberger Limited (SLB), Aker Solutions, Oceaneering International Inc., Starke Marine, Sinovoltaics, Sapura Energy Berhad, FLIR Systems Inc., and MISTRAS Group Inc. Technological advancements have emerged as the key trend gaining popularity in the maintenance services market. Major companies operating in the maintenance services market are developing innovative technologies to strengthen their position in the market. In May 2022, MAG Lifestyle Development, a UAE-based property developer, launched MAG FM a home maintenance tracking app. The unique features of the home maintenance tracking app involve a smart technology platform for the residents that allows the residents to pay online for the services rendered in their homes and provides customers with a wide range of home maintenance packages available. The home maintenance tracking app is designed for providing online services to MAG-5 residents. In May 2021, Cambridge Maintenance Services (CMS), an England-based provider of maintenance services, acquired Acorn Engineering Group for an undisclosed amount. With this acquisition, two businesses collaborate to pool their resources, capacities, and skills. Acorn Engineering Group is a UK-based company that provides building maintenance services. Asia-Pacific was the largest region in the maintenance services market in 2022. The regions covered in the global maintenance services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the maintenance services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The maintenance services market includes revenues earned by entities through preventive maintenance, emergency repairs, routine servicing, component testing, and building mechanical and electrical systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The maintenance services market research report is one of a series of new reports from The Business Research Company that provides maintenance services market statistics, including maintenance services industry global market size, regional shares, competitors with a maintenance services market share, detailed maintenance services market segments, market trends and opportunities, and any further data you may need to thrive in the maintenance services industry. This maintenance services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A credit bureau is a business that gathers and analyses information about a person's credit history and then sells it to lenders for a fee so they can decide whether to extend credit or make loans to that person. The main product types of credit bureaus are credit scores, credit reports, and credit check services. Credit scoring refers to a statistical study used by lenders and financial institutions to determine a person's or a small, owner-operated business's creditworthiness. The various report types include corporate credit reports and individual credit reports. These are used by various end users such as the commercial, and consumer. The global credit bureaus market is segmented - 1) By Product Type: Credit Score, Credit Reports, Credit Check Services 2) By Report Type: Corporate Credit Reports, Individual Credit Reports 3) By End User: Commercial, Consumer The global credit bureau market size is expected to grow from $108.93 billion in 2022 to $124.99 billion in 2023 at a compound annual growth rate (CAGR) of 14.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global credit bureau market size is expected to reach $201.09 billion in 2027 at a CAGR of 12.6%. The increase in demand for credit cards is expected to propel the growth of the credit bureau market going forward. A credit card refers to an alternative to cash or cheques and frequently offers an unsecured revolving line of credit. Credit card issuers send information to credit bureaus concerning cardholder activities that help in checking the individual credit scores on the basis of which customers can approach for a loan and also offers benefits such as unlimited reward points on usage, insurance coverage, discounts, and cashback, other than helping increase credit scores. For instance, in November 2022, according to the Federal Reserve Bank, a US-based bank, the application rate for credit cards increased from 2021 to 2022 from 26.5% to 27.1%. Therefore, the increase in demand for credit cards is driving the growth of the credit bureau market. Major players in the credit bureaus market are FICO, Equifax, Experian, Trans Union, Moody's corporation, S&P Global Inc., TransUnion LLC, Dun and Bradstreet, S and P Global Inc., FIS Inc., Global Database Ltd., Global Payments Inc., Intuit Inc., Illion Data Registries Pty. Ltd., SCHUFA Holding AG, and The Coface Group. The use of blockchain is a key trend gaining popularity in the credit bureau market. Major market players are concentrating their efforts on introducing innovative technologies to strengthen their position in the market. Blockchain is an immutable and shared ledger that will allow diverse parties to initiate and finish transactions by providing an immediate, shareable, and transparent exchange of encrypted data. For Instance, in May 2021, TransUnion, a US-based consumer credit reporting firm partnered with Spring Labs, a US-based software company to introduce a blockchain-based credit data-sharing platform for the exchange of sensitive data. TransUnion's data-sharing platform leverages blockchain in credit bureaus to build a more robust network effect of data that enables credit bureaus and others to forecast the creditworthiness of individuals. In March 2022, Equifax, a US-based consumer credit reporting agency acquired Data-Crédito for an undisclosed amount. With this acquisition, Equifax will allow financial institutions to obtain fresh insights into clients' financial profiles as part of the lending process, allowing them to responsibly offer up new mainstream financial services options to underbanked people. Data-Crédito is a Dominican Republic-based consumer credit reporting agency. North America was the largest region in the credit bureau market in 2022. The regions covered in the global credit bureau market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the credit bureaus market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The credit bureau market includes revenues earned by entities providing credit services such as credit account information, including payment history, the balance of an account, the date of the last financial activity, risk score, and the credit limit on the account. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from selling goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The credit bureau market research report is one of a series of new reports from The Business Research Company that provides credit bureau market statistics, including credit bureau industry global market size, regional shares, competitors with a credit bureau market share, detailed credit bureau market segments, market trends, and opportunities, and any further data you may need to thrive in the credit bureau industry. This credit bureau market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.