Auto Finance Market

The subject of auto finance comprises the different financial products which allows someone to acquire a car with any arrangement other than a single lump payment. The provision of car finance by a third party supplier allows the acquirer to provide for and raise the funds to compensate the initial owner, either a dealer or manufacturer.

Auto finance is required by both private individuals and businesses. All types of finance products are available to either sector, however the market share by finance type for each sector differs, partly because business contract hire can provide tax and cashflow benefits to businesses.
Auto Finance Market contains market size and forecasts of Auto Finance in Global, including the following market information:

• Global Auto Finance Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global top five companies in 2021 (%)

The global Auto Finance 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.
OEMs Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Auto Finance include Ford, Volkswagen, JPMorgan, Daimler, BMW, General Motors, Toyota, Nissan and WFC, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Auto Finance 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 Auto Finance Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Auto Finance Market Segment Percentages, by Type, 2021 (%)

• OEMs
• Banks
• Financing Institutions
• Other

Global Auto Finance Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Auto Finance Market Segment Percentages, by Application, 2021 (%)

• Personal Vehicles
• Commercial Vehicles

Global Auto Finance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Auto Finance 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 Auto Finance revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Auto Finance revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Ford
• Volkswagen
• JPMorgan
• Daimler
• BMW
• General Motors
• Toyota
• Nissan
• WFC
• Citi
• Bank of America
• ICBC

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