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South Asia is currently a hotbed of economic development. India has typically always been considered the main economic attraction of the region, but lately, Bangladesh has been establishing itself as a key attraction in the region. Bangladesh is now the fastest growing economy of the Asia Pacific. This research has been designed to provide insight ...

Urbanization, industrialization, and the population explosion are worsening India’s air pollution crisis. These factors are prompting renewed focus on initiatives to conserve air quality and improve the quality of life. The COVID-19 pandemic has also sparked customer awareness about air pollution and the spread of airborne diseases, triggering dema...

The tankless water heaters market is in a nascent stage in the country. However, it has the potential to replace storage water heaters in the long term. Increasing awareness levels of the product and the need for energy savings will drive the market. The market is dominated by storage electric water heaters. There is strong growth of solar water he...

The need for water purifiers is ever increasing with increase in urbanisation, deteriorating water quality, increasing awareness towards health, and due to high Total Dissolved Solids (TDS) content in the water supplied by municipal bodies. However, educating the end consumer on the effectiveness and efficiency of water purifiers remains a major ch...

India's aerospace engineering services market is evolving from cost-led engineering delivery to higher-value, strategic aerospace engineering participation. The market comprises outsourced engineering services delivered from India by third-party engineering and digital service providers that support commercial aviation, defense aviation, space, and...

The Indian electric two-wheeler (e2W) market has witnessed phenomenal growth over the past five years. Government policy initiatives including subsidies and tax breaks on e2Ws have incentivized purchases. However, with recent policy changes there has been a slowdown in the market, but the government aims to cultivate a self-sustaining EV ecosystem,...

07 Mar 2016  |  South Asia, Middle East & North Africa  |  Market Research

Vehicle Fleet Leasing Market in India, Forecast to 2020

Growth to be Fuelled by Rising Awareness and Demand for Leasing Options, Operating Lease for Passenger Vehicles Picks Up Momentum

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This research service covers the vehicle fleet leasing market in India, with special focus on financial and operating lease of passenger vehicles and light commercial vehicles. With leasing companies offering fleet consultancy and fleet management services as per clients’ requirements, the demand for leased vehicle as a tool for trade, business veh...

17 Jan 2020  |  South Asia, Middle East & North Africa  |  Market Research

Light Vehicle Leasing Market in India, Forecast to 2023

Though Only 0.6% of Vehicles were Leased in 2018, Growth of the Fleet Leasing Market will be Driven by Rising Awareness of the Benefits of Leasing

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Fleet leasing is still an emerging market in India. The implementation of the Goods and Services Tax (GST) created uncertainty in the fleet leasing market dented growth rates through H2 of 2017 and 2018. Leasing companies are expected to educate their customers on the implications of GST and revive growth in 2019. Financial leasing is expected to g...

This research is based on a 2017 survey conducted in 12 key Indian cities to study consumer awareness, price perceptions, benefits, concerns, and willingness to purchase alternative fuel technologies—namely, electric vehicles (EVs) and full and mild hybrid vehicles. Full hybrid vehicles resounded with customers better compared to other types of veh...