According to a market report by Lucintel, the future of the global passenger and commercial vehicle leasing market looks promising with opportunities in the passenger vehicle and commercial vehicle markets. The global passenger and commercial vehicle leasing market is expected to grow with a CAGR of 7.6% from 2025 to 2031. The major drivers for this market are the increasing demand for flexible mobility, the rising preference for cost-effective transportation, and the growing shift toward vehicle leasing services.
A more than 150-page report to understand trends, opportunity and forecast in passenger and commercial vehicle leasing market to 2031 by vehicle type (passenger vehicle and commercial vehicle), lease type (close ended lease, option to buy lease, sub-vented lease, and others), providers (OEM, bank affiliated, and nonbank financial companies), tenure (short term and long term), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the tenure category, long term is expected to witness higher growth over the forecast period.
Within the vehicle type category, passenger vehicle is expected to witness higher growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Arval BNP Paribas Group, Wheels, ORIX Corporation, Mercedes-Benz Group, Merchants Fleet are the major suppliers in the passenger and commercial vehicle leasing market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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