Automotive Rental And Leasing Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027
The Automotive Rental And Leasing Market size was valued at USD 338 billion in 2020 and is projected to reach USD 614 billion by 2028, growing at a CAGR of 7% from 2021 to 2027. The car rental and leasing industry includes facilities that rent or lease passengers. Cars and trucks without drivers and utility trailers. The lease of a vehicle/vehicle is governed by a lease agreement or contract. A lease agreement is a future performance agreement between a lessor and a lessee. The lease must be in writing and must be signed by the lessor and lessee. A lease agreement can be entered into in the form of an operating lease or a finance lease.
The major players in the market are Enterprise Holdings, The Hertz Corporation, Avis Budget, Daimler Group, LeasePlan, Toyota Financial Services, Honda Canada Finance Inc., GM Financial, Ford Credit, and Ally Financial Inc.
Automotive Rental And Leasing Market- Segmentation
By Type
- Passenger Car Rental
- Passenger Car Leasing
- Truck, Utility Trailer
- Recreational Vehicle Rental and Leasing
By Mode
- Online
- Offline
By Lease
- Open
- Close
By End-User
- Industrial
- Corporate
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Automotive Rental And Leasing Market Report
- What was the Automotive Rental And Leasing Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive Rental And Leasing Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Automotive Rental And Leasing Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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