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07 Jun 2019  |  Global  |  Market Outlook
Global Private Vehicle Leasing Market Outlook, 2019
Private Operational Leasing will Suffer Decline in New Contracts Sold in 2019 Due to Market Saturation in the Dominant US Market; Sales in Southern and Eastern Europe is Expected to Offset the Decline
The global private vehicle leasing industry is experiencing positive growth, mainly due to robust growth in the Northern and Western parts of Europe. Retail car registrations are expected to grow 2.4% in 2019, mainly driven by BRICS and APAC markets. A positive macroeconomic outlook and the government’s expansionary policies are the main driving fa...
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05 Feb 2020  |  Asia Pacific  |  Market Research
Light Vehicle Leasing Market in Australia, Forecast to 2023
The Australian Leasing Industry was Mainly Characterised by Fleet Leasing in 2018; However, the Continuous Rise of Private Lease (Novated Lease) is Gradually Shifting Companies’ Attention to Individuals
The Australian leasing industry was mainly characterised by fleet leasing in 2018, but private lease is experiencing rapid growth as it combines the benefits of both fleet and private lease. However, consumer interest in new powertrains such as electric and hybrid vehicles is insignificant, which keeps the country a long way behind the EU and the U...
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29 Jan 2018  |  South Asia, Middle East & North Africa  |  Market Research
US Fleet Vehicle Leasing Market, Forecast to 2020
The US Vehicle Leasing Market is Dominated by Private Lease, and Profitable Opportunity Exists in the Corporate Fleet Leasing Sector
Vehicle leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/services and would like to outsource all other support activities. Mobil...
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30 Jan 2020  |  Asia Pacific  |  Market Research
Japanese Light Vehicle Leasing Market, Forecast to 2023
The Japanese Leasing Industry is Healthy and Expects Promising Growth Prospects Driven by Operational Leasing in Both the Corporate and Private Market Segments
Fleet renewals were the major driver for new company car registrations as a strained economy caused fluctuations in total registrations over the past few years. The benefits of leasing (unlike owning) has boosted the transition from a loan purchase system to a full service operational leasing system since it has enabled corporates to focus on their...
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10 May 2019  |  Europe  |  Market Research
Light Vehicle Leasing Market in Hungary, Forecast to 2022
New Business Models Like Private Leasing and Used Car Leasing are Developing to be a Good Opportunity for Leasing Companies to Capitalise on, Owing to Their Ease of Use and Cost Advantages for the Consumers
Vehicle leasing is seen as a solution to the growing number of challenges faced by companies with regard to their mobility needs. Amongst others, these include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/s...
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17 Feb 2020  |  North America  |  Market Research
Light Vehicle Leasing Market in Canada, Forecast to 2023
Company Car Leasing is Expected to Register a Stable Growth Over the Forecast Period as Corporate Firms Continue to Renew Fleets to Support Growing Business
Company cars are usually provided as tool-of-work vehicles in Canada. Growth in company cars was spurred by the growing demand for fleet vehicles from the industrial sector, which received a fillip from Canada's strong overall economic performance. Leasing, covering operational leasing and financial leasing, is the major sourcing channel in Canada....
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31 Dec 2018  |  Europe  |  Market Research
Light Vehicle Leasing Market in Portugal, Forecast to 2022
Company car leasing is expected to see a stable demand in the forecast period driven by fleet renewals by corporate firms and new business from SMEs
Vehicle leasing is seen as a solution to the growing number of challenges faced by companies with regard to their mobility needs. Amongst others, these include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/s...
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03 Feb 2020  |  Asia Pacific  |  Market Research
Chinese Light Vehicle Leasing Market, Forecast to 2023
New Company Car Registrations in Financial and Operational Leasing are Expected to Record Good Growth, Reaching About 300,000 Units by 2023
The Chinese fleet leasing market is in the early stages of development. New company car registrations in China are expected to grow slowly mainly due to fierce competition from mobility service providers offering instant and convenient private car hailing services. Moreover, the country has a well-developed public transportation network that consti...
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03 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Research
Light Vehicle Leasing Market in Israel, Forecast to 2023
Improved Corporate Demand and Increased Consumer Opportunities to Drive Revival of Israel’s Vehicle Leasing Market
Company car registrations continue to be an important part of total vehicle sales in Israel. Following continuous growth from 2013 to 2017, new registrations experienced a small drop due to the overall market slowdown. In 2018, total leasing penetration dipped due to higher lease rates and the preference for used cars among small business consumers...
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31 Jan 2020  |  Asia Pacific  |  Market Research
Light Vehicle Leasing Market in South Korea, Forecast to 2023
While Favorable Policies Create a Mature Leasing Market, Rising User Demand Causes Leasing Companies to Evolve into End-to-End Mobility Providers
Fleet registration is expected to grow, aided mainly by registrations in the company car fleet. Company cars, which are provided mainly for work purposes in South Korea, are experiencing increased demand from industries and corporate firms. Leasing, comprising operational leasing and financial leasing, is the major sourcing channel for company cars...
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