Car Leasing Market Regaining Its Glory: LeasePlan, ARVAL, Alphabet

HTF Market Intelligence recently released a survey document on Car Leasing market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Car Leasing market. Some of the companies listed in the study from the complete survey list are LeasePlan (Netherlands), Volkswagen Leasing Services (Germany), Deutsche Leasing AG (Germany), Societe Generale (France), General Motors Financial Company, Inc. (United States), Athlon (Netherlands), Alphabet (Germany), ARVAL (France), Mercedes - Benz Financial Services (United States), ALD Automotive (France), Natixis Leasing (France).

According to HTF Market Intelligence, the Car Leasing Market is Anticipated to grow at a CAGR of 11.53% during the forecast period.

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Definition:
Leasing a car is a system of possessing a brand new or used car by paying to use it for a definite time. Many vendors offer a range of vehicles that can be leased by customers for a period as and when required. Leasing is similar to renting a car; however, the former is for a relatively long period. It involves two parties: A lessor and a lessee. Car leasing is not as same as buying a car or renting one. It is an arrangement wherein a customer pays the leasing company for the right to drive a car.

Market Trends:
Mobility-as-a-Service is Gaining Popularity in the Auto Sector

Market Drivers:
Increasing the Number of Young Consumers and Demand for Mobility among Consumers with Relatively Low Spending Power
Rise in Maintenance Cost, Taxes, and Fuel Cost Associated with Car Ownership is Prompting Consumers to Lease and Use Cars

Market Opportunities:
Rising Popularity of Car Leasing in Emerging Economies Like India, China, and Brazil

Market Leaders & Development Strategies
On 22nd March 2023, ALD's proposed acquisition of 100% of LeasePlan was announced in January 2022, Stellantis and Crédit Agricole Consumer Finance now announce that they have signed a legally binding agreement for the acquisition of ALD and LeasePlan's operations in Portugal and Luxembourg, respectively. With this announcement, the two companies' goals for mobility and long-term lease of vehicles are immediately accelerated.

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Car Leasing market segments by Types: Gasoline, Plug-In Hybrid Electric Vehicles (PHEV), Battery Electric Vehicles (BEV)
Detailed analysis of Car Leasing market segments by Applications: Personal, Business

Major Key Players of the Market: LeasePlan (Netherlands), Volkswagen Leasing Services (Germany), Deutsche Leasing AG (Germany), Societe Generale (France), General Motors Financial Company, Inc. (United States), Athlon (Netherlands), Alphabet (Germany), ARVAL (France), Mercedes - Benz Financial Services (United States), ALD Automotive (France), Natixis Leasing (France)

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report:
• -To carefully analyse and forecast the size of the Car Leasing market by value and volume.
• -To estimate the market shares of major segments of the Car Leasing market.
• -To showcase the development of the Car Leasing market in different parts of the world.
• -To analyse and study micro-markets in terms of their contributions to the Car Leasing market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Car Leasing market.
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Car Leasing market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

The Car Leasing Market is segmented by Application (Personal, Business) by Type (Open-End, Closed-End) by Car Type (Gasoline, Plug-In Hybrid Electric Vehicles (PHEV), Battery Electric Vehicles (BEV)) by Lease Period (Upto 1 Year, 1 to 3 Year, 3 to 5 Year) and by Geography (North America, South America, Europe, Asia Pacific, MEA).

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Key takeaways from the Car Leasing market report:
- Detailed consideration of Car Leasing market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
- Comprehensive valuation of all prospects and threats in the
- In-depth study of industry strategies for growth of the Car Leasing market-leading players.
- Car Leasing market latest innovations and major procedures.
- Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
- Conclusive study about the growth conspiracy of Car Leasing market for forthcoming years.

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Major highlights from Table of Contents:
Car Leasing Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Car Leasing market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Car Leasing Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Car Leasing Market Production by Region Car Leasing Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Car Leasing Market Report:
• Car Leasing Overview, Definition and Classification Market drivers and barriers
• Car Leasing Market Competition by Manufacturers
• Car Leasing Capacity, Production, Revenue (Value) by Region (2023-2029)
• Car Leasing Supply (Production), Consumption, Export, Import by Region (2023-2029)
• Car Leasing Production, Revenue (Value), Price Trend by Type {Gasoline, Plug-In Hybrid Electric Vehicles (PHEV), Battery Electric Vehicles (BEV)}
• Car Leasing Market Analysis by Application {Personal, Business}
• Car Leasing Manufacturers Profiles/Analysis Car Leasing Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

Major questions answered:
• What are influencing factors driving the demand for Car Leasing near future?
• What is the impact analysis of various factors in the Global Car Leasing market growth?
• What are the recent trends in the regional market and how successful they are?
• How feasible is Car Leasing market for long-term investment?

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, MINT, BRICS, G7, Western / Eastern Europe, or Southeast Asia. Also, we can serve you with customized research services as HTF MI holds a database repository that includes public organizations and Millions of Privately held companies with expertise across various Industry domains.

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
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sales@htfmarketreport.com

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