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The global vehicle rental market is undergoing a period of accelerated transition as mobility demand patterns shift across business travel, leisure, the gig economy, and last-mile logistics. In a market marked by fluctuating travel volumes, high vehicle acquisition costs, and evolving customer expectations, rental companies are repositioning themse...

02 Sep 2025  |  Global  |  Market Research

Global Off-Highway Equipment Industry Outlook 2025

Shifting Customer Behaviors Spurred by Economic Uncertainties Will Drive Collaboration Among Stakeholders

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Economic uncertainties caused by the Russo-Ukraine conflict and trade wars have significantly affected OEM operations, supplier confidence, and consumer purchase decisions in the off-highway equipment industry. While these challenges are expected to delay economic recovery, government investment programs, subsidies, and bilateral trade agreements a...

The global vehicle leasing industry continues to strengthen as companies navigate increasing mobility complexity, cost pressures, and operational uncertainties. In today’s market conditions, corporates are increasingly prioritizing business continuity and capital efficiency, prompting a shift away from owning and managing fleets internally. Leasing...

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...