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Automotive Equipment Rental and Leasing Trends and Forecast
The future of the global automotive equipment rental and leasing market looks promising with opportunities in the commercial and personal markets. The global automotive equipment rental and leasing market is expected to reach an estimated $765.6 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are increasing demand for flexible mobility solutions and growing preference for cost-effective vehicle access.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Automotive Equipment Rental and Leasing by Segment
The study includes a forecast for the global automotive equipment rental and leasing by vehicle type, end use, and region.
Automotive Equipment Rental and Leasing Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:
• Heavy Commercial Vehicles
• Industrial Vehicles
• Light Commercial Vehicles
• Passenger Car
Automotive Equipment Rental and Leasing Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Commercial
• Personal
• Others
Automotive Equipment Rental and Leasing Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Automotive Equipment Rental and Leasing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive equipment rental and leasing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive equipment rental and leasing companies profiled in this report include-
• A-Aerial Service
• Aggreko
• ALD
• AMERCO
• Ashtead
• Barloworld
• Century Tokyo Leasing
• Custom Truck One Source
• Element Fleet Management
• Fuyo General Lease
Automotive Equipment Rental and Leasing Market Insights
Lucintel forecasts that heavy commercial vehicle is expected to witness the highest growth over the forecast period.
Within this market, commerical is expected to witness the higher growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Automotive Equipment Rental and Leasing Market
Market Size Estimates: Automotive equipment rental and leasing market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Automotive equipment rental and leasing market size by vehicle type, end use, and region in terms of value ($B).
Regional Analysis: Automotive equipment rental and leasing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different vehicle types, end uses, and regions for the automotive equipment rental and leasing market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive equipment rental and leasing market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the automotive equipment rental and leasing market size?
Answer: The global automotive equipment rental and leasing market is expected to reach an estimated $765.6 billion by 2030.
Q2. What is the growth forecast for automotive equipment rental and leasing market?
Answer: The global automotive equipment rental and leasing market is expected to grow with a CAGR of 8.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the automotive equipment rental and leasing market?
Answer: The major drivers for this market are increasing demand for flexible mobility solutions and growing preference for cost-effective vehicle access.
Q4. What are the major segments for automotive equipment rental and leasing market?
Answer: The future of the automotive equipment rental and leasing market looks promising with opportunities in the commercial and personal markets.
Q5. Who are the key automotive equipment rental and leasing market companies?
Answer: Some of the key automotive equipment rental and leasing companies are as follows:
• A-Aerial Service
• Aggreko
• ALD
• AMERCO
• Ashtead
• Barloworld
• Century Tokyo Leasing
• Custom Truck One Source
• Element Fleet Management
• Fuyo General Lease
Q6. Which automotive equipment rental and leasing market segment will be the largest in future?
Answer: Lucintel forecasts that heavy commercial vehicle is expected to witness the highest growth over the forecast period.
Q7. In automotive equipment rental and leasing market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive equipment rental and leasing market by vehicle type (heavy commercial vehicles, industrial vehicles, light commercial vehicles, and passenger car), end use (commercial, personal, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Automotive Equipment Rental And Leasing Market, Automotive Equipment Rental And Leasing Market Size, Automotive Equipment Rental And Leasing Market Growth, Automotive Equipment Rental And Leasing Market Analysis, Automotive Equipment Rental And Leasing Market Report, Automotive Equipment Rental And Leasing Market Share, Automotive Equipment Rental And Leasing Market Trends, Automotive Equipment Rental And Leasing Market Forecast, Automotive Equipment Rental And Leasing Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Automotive Equipment Rental and Leasing Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Automotive Equipment Rental and Leasing Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Automotive Equipment Rental and Leasing Market by Vehicle Type
3.3.1: Heavy Commercial Vehicles
3.3.2: Industrial Vehicles
3.3.3: Light Commercial Vehicles
3.3.4: Passenger Car
3.4: Global Automotive Equipment Rental and Leasing Market by End Use
3.4.1: Commercial
3.4.2: Personal
3.4.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Automotive Equipment Rental and Leasing Market by Region
4.2: North American Automotive Equipment Rental and Leasing Market
4.2.2: North American Automotive Equipment Rental and Leasing Market by End Use: Commercial, Personal, and Others
4.3: European Automotive Equipment Rental and Leasing Market
4.3.1: European Automotive Equipment Rental and Leasing Market by Vehicle Type: Heavy Commercial Vehicles, Industrial Vehicles, Light Commercial Vehicles, and Passenger Car
4.3.2: European Automotive Equipment Rental and Leasing Market by End Use: Commercial, Personal, and Others
4.4: APAC Automotive Equipment Rental and Leasing Market
4.4.1: APAC Automotive Equipment Rental and Leasing Market by Vehicle Type: Heavy Commercial Vehicles, Industrial Vehicles, Light Commercial Vehicles, and Passenger Car
4.4.2: APAC Automotive Equipment Rental and Leasing Market by End Use: Commercial, Personal, and Others
4.5: ROW Automotive Equipment Rental and Leasing Market
4.5.1: ROW Automotive Equipment Rental and Leasing Market by Vehicle Type: Heavy Commercial Vehicles, Industrial Vehicles, Light Commercial Vehicles, and Passenger Car
4.5.2: ROW Automotive Equipment Rental and Leasing Market by End Use: Commercial, Personal, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Automotive Equipment Rental and Leasing Market by Vehicle Type
6.1.2: Growth Opportunities for the Global Automotive Equipment Rental and Leasing Market by End Use
6.1.3: Growth Opportunities for the Global Automotive Equipment Rental and Leasing Market by Region
6.2: Emerging Trends in the Global Automotive Equipment Rental and Leasing Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Automotive Equipment Rental and Leasing Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Automotive Equipment Rental and Leasing Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: A-Aerial Service
7.2: Aggreko
7.3: ALD
7.4: AMERCO
7.5: Ashtead
7.6: Barloworld
7.7: Century Tokyo Leasing
7.8: Custom Truck One Source
7.9: Element Fleet Management
7.10: Fuyo General Lease
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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