The Automotive Equipment Leasing Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Automotive Equipment Leasing Market?
The market size of the Automotive Equipment Leasing Global Market Report 2025 has seen significant growth over time. It was valued at $521.2 billion in 2024 and is projected to reach $583.71 billion in 2025. This represents a predicted compound annual growth rate (CAGR) of 12.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Automotive Equipment Leasing Industry?
The projected market size for the Automotive Equipment Leasing Global Market in 2029 is anticipated to reach $897.42 billion, with a compound annual growth rate (CAGR) of 11.4%.
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What are the Key Growth Drivers Fueling the Automotive Equipment Leasing Market?
The key drivers in the automotive equipment leasing market are:
• Urbanization and the growth in last-mile delivery services
• Increased accessibility through flexible financing options
• Advancement in technology-enabled fleet management
• Rising costs associated with vehicle ownership
Global Market Segmentation: Identifying Major Automotive Equipment Leasing Industry Segments
The automotive equipment leasing market covered in this report is segmented –
1) By Type: Passenger Car Rental, Passenger Car Leasing, Truck, Utility Trailer, And RV (Recreational Vehicle) Rental And Leasing
2) By Mode: Online, Offline
3) By Lease Type: Closed Ended Lease, Option To Buy Lease, Sub-Vented Lease, Other Lease Types
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What are the Emerging Trends Shaping the Future of the Automotive Equipment Leasing Market?
The key trends in the automotive equipment leasing market are:
• Leasing of electric vehicles is a notable emerging trend.
• The advent of autonomous and connected vehicles is shaping the future of the market.
• A focus on sustainability and green initiatives is increasingly present in the sector.
• The digitalization of leasing processes is an emerging practice in the market.
Who Are the Top Competitors & Leading Players in the Automotive Equipment Leasing Market?
Major companies in the automotive equipment leasing market are:
• Enterprise Holdings Inc.
• Daimler AG
• LeasePlan Corporation NV
• Ford Motor Co
• Berkshire Hathaway Inc.
• Avis Budget Group Inc.
• Hertz Global Holdings Inc.
• ALD Automotive
• Penske Truck Leasing
• Ryder System Inc.
• Toyota Financial Services Corporation
• Blueline Rental LLC
• The Home Depot Inc.
• Europcar Mobility Group
• Sixt SE
• Budget Rent A Car System Inc.
• National Car Rental
• Thrifty Car Rental
• Dollar Rent A Car Inc.
• Advantage Rent A Car
• Zipcar Inc.
• Car2Go Logistics Private Limited
• Turo Inc.
• Getaround Inc.
• Silvercar Inc.
• Maven
• Car Next Door
• GoGet Carshare
Regional Dominance: Which Area Leads the Global Automotive Equipment Leasing Market?
Western Europe was the largest region in the automotive equipment leasing market in 2023
