Automotive Equipment Leasing Market

Lease refers to the behavior that the lessor transfers the right to use the asset to the lessee to obtain rent within the agreed period. The main reasons for the existence of leasing are as follows: tax saving; reducing transaction costs; reducing uncertainty. Automotive Equipment Leasing refers to the Leasing for the Automotive industry.
Lease is an economic act of borrowing a physical object at a certain cost. The lessor delivers a certain item that he owns to the lessee for use, and the lessee obtains the right to use the item for a period of time, but the ownership of the item is still retained In the hands of the lessor. The lessee needs to pay a certain fee (rent) to the lessor for the use right it has obtained.
Automotive Equipment Leasing Market contains market size and forecasts of Automotive Equipment Leasing in Global, including the following market information:
Global Automotive Equipment Leasing Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Automotive Equipment Leasing market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Passenger Car Rental Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Equipment Leasing include United Rental, Sunbelt Rental, H&E Equiment Services, Home Depot Rentals, National Funding, Jocova Financial, FaaStrak, Snider Leasing and Herc Rentals (Liu Gong), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Equipment Leasing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Equipment Leasing Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Automotive Equipment Leasing Market Segment Percentages, by Type, 2021 (%)
Passenger Car Rental
Passenger Car Leasing
Truck, Utility Trailer, And RV (Recreational Vehicle) Rental And Leasing
Global Automotive Equipment Leasing Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Automotive Equipment Leasing Market Segment Percentages, by Application, 2021 (%)
Online
Offline
Global Automotive Equipment Leasing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Automotive Equipment Leasing Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Equipment Leasing revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Automotive Equipment Leasing revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
United Rental
Sunbelt Rental
H&E Equiment Services
Home Depot Rentals
National Funding
Jocova Financial
FaaStrak
Snider Leasing
Herc Rentals (Liu Gong)
North Star Leasing Company
Crest Capital