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Global Vehicle Leasing Market Outlook, 2020
Global Vehicle Leasing Market Outlook, 2020
Used Car Leasing and Light Commercial Vehicle (LCV) Leasing Stand Out as Opportunities Amidst the Chaos Created by the COVID-19 Outbreak
09-Jun-2020
North America
Description
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. Big corporates and businesses, in current market conditions, are focused on their core products and services and would like to outsource all other support activities. Mobility is a significant cost centre that requires resources in terms of money and time. Starting from fleet purchase to re-marketing at a better price and for each of the intermediary segment in the value chain, issues such as unnecessary cost spikes, utilisation mismatches, irregularities in fleet maintenance, and risks of dips in residual value can crop up, unless an expert team is on the job. Corporates prefer leasing the fleet as a hassle-free mobility service that offers on-demand mobility and fleet after-service facilities, among others. This demand has driven growth and given the leasing market a structure and regulated the ecosystem.
The evolution of any industry depends on transformational trends that are linked to the macroeconomic factors of the region and the emerging business models that reflect innovation. Special sections covering transformational trends, such as EV leasing, private vehicle leasing, used car leasing, and car subscription mobility model are analysed. Other trends such as SME leasing, fleet connectivity, digitisation (Blockchain in the leasing industry) are also studied. The study covers these trends that are expected to shape the market in 2020. For leasing providers and other companies that share the leasing ecosystem, growth opportunities that they need to look at and the strategic imperatives that aid in their pursuit of growth and success have been provided. Overall, the study provides a 360-degree understanding of the leasing space (region-specific) and offers details on key trends, market overview, and outlook.
Research Highlights
This study is focused on the outlook of the global fleet leasing industry in 2020. It starts with detailing the existing market scenario, followed by trends that are shaping the leasing industry in 2020. It provides the market size of the passenger vehicle (PV) and the light commercial vehicle (LCV) segments and provides sales and parc data for the total market and the fleet and the company car (true fleet) segments. The company car segment is discussed in detail, with a focus on actual development and growth potential of financial lease, operational lease, and outright purchase. The analysis takes into account historic data and current market conditions and insight and opinion from market participants to deliver a 5-year outlook on growth opportunities (2019–2023). In addition to market data (PV and LCV) for new registrations and portfolio, the study details actual competitor data (portfolio) for leading leasing providers worldwide.
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Developments in Vehicle Leasing Amidst the COVID-19 Outbreak
COVID-19’s Impact Across Business Segments in the Leasing Industry
Impact of COVID-19 Outbreak on the Global New Vehicle Leasing Market
Emerging Opportunities in Leasing Amidst the COVID-19 Outbreak
Key Findings—Highlights of 2019
Key Findings—Predictions for 2020
Company Car Funding Analysis
Regional Market Summary—Americas
Regional Market Summary—Europe
Regional Market Summary—APAC
Regional Market Summary—BRICS
Regional Market Summary—The Middle East
Market Competition Analysis
Acquisitions and Partnerships
Company Car New Registration—Powertrain Segmentation
Company Car Leasing—Internal Combustion Engine (ICE) Trend
Company Car Leasing—xEV Trend
Company Car New Registration—Brand Class
Company Car Leasing—Brand Class Trend
Company Car Leasing—Sales Channel
Company Car Leasing—Sales Channel Trend
Private Leasing—Regional Overview
Used Car Leasing—Regional Overview
Used Car Leasing—Top Markets
Car Sharing by Funding Model
Car Sharing Parc—Trend
Covid-19 Global Economic Impact— Visioning Scenarios
Global, Advanced, and Emerging Market Growth
Global Economic Outlook 2020—Top 5 Predictions
Global Economic Outlook 2020—Top 5 Predictions (continued)
2020 World GDP Growth Snapshot
Major Economies—Key Predictions for 2020
Project and Research Scope
Regional Scope of Each Business Segment
Market Structure
Fleet Segmentation
Car Sharing
Product Segmentation—Electric Propulsion Technology
Market Definitions
Market Definitions (continued)
Market Metrics—Vehicles in Operation
Market Metrics—New Registrations Market Breakup
Market Metrics—Company Car Leasing Market Evolution
Market Metrics—Key Participants
Product Evolution of Private Leasing
Market Evolution of Private Leasing
Private Leasing—Regional Overview
Customer Segmentation Analysis
Competitor Segmentation Analysis
Competitor Segmentation Analysis (continued)
Private Operational Leasing—An Alternative to Company Car
Hot Spots for Private Operational Leasing
Private Operational Leasing, Regional Opportunity Analysis
ALD Automotive—Private Lease Contracts Triple in 3 Years
Synergies in Private Leasing and Car Sharing
U-Go—Bringing Car Sharing and Private Leasing Together
Blurring Barriers Between Car Subscription and Private Leasing
Car Subscriptions Address Shortcomings in Private Lease
Growth Opportunity—Private Leasing
Strategic Imperatives for Success and Growth
Reasons to Go Green and Why Leasing?
Trends to Follow in the xEV Leasing Space
Regional Market Lifecycle Analysis—xEV Leasing
xEV Leasing—Global Overview
xEV Leasing—Regional Opportunity Analysis
xEV Leasing Providers
Future eMobility Business Models
The Mobility House—V2G a Win-Win Business Opportunity
Growth Opportunity—Electric Vehicle Leasing
Strategic Imperatives for Success and Growth
Product Evolution of Used Car Leasing
What Lease Companies Aim to Achieve Through Used Car Leasing?
Financial Leasing Dominates the Used Car Leasing Segment
Lease Companies Push Used Car Leasing Through Multiple Channels
Customer Segmentation Analysis
Market Metrics—Used Car Leasing (FL)
Market Metrics—Used Car Leasing (OL)
Service Provider Landscape
Leasing Providers Target Business Users With Young Cars
Used Car Leasing—Regional Developments
Used Car Leasing—Strategic Selling
Growth Opportunity—Used Car Leasing
Strategic Imperatives for Success and Growth
Global SME Leasing Market Overview
Customer Segmentation Analysis
SME Leasing Trends
SME Leasing Trends (continued)
Growth Opportunity—SME Leasing
Strategic Imperatives for Success and Growth
Premium Vehicle—Sales and Penetration in True Fleets
Premium Vehicle Leasing—Make and Model Metrics
Premium Leasing Providers
Premium Vehicles Meet Subscription
Mercedes-Benz Collection
Growth Opportunity—Premium Leasing
Strategic Imperatives for Success and Growth
Medium-/Heavy-duty Vehicle Leasing—Product Overview
Medium-/Heavy-duty Vehicle Leasing Market Overview
Key Trends in the Leasing Market
Competitor Benchmarking Analysis
Company Profile—Ryder
ChoiceLease Truck Leasing—A Winning Solution
Growth Opportunity—CV Leasing
Strategic Imperatives for Success and Growth
Fleet Telematics
Top Connected Fleet Services and Features by Vehicle Segment
Fleet Telematics—Market Trends
Role of Fleet Leasing Companies in Telematics—A Snapshot
Growth Opportunity—Technology and Partnerships
Strategic Imperatives for Success and Growth
What are the Levels of Digitisation in the Leasing Industry?
Digitisation in Leasing Industry—Competitor Benchmarking
Digitisation in the Leasing Industry—Competitor Strategies
Opportunity Outlook—Americas
Opportunity Outlook—BRICS
Opportunity Outlook—Europe
Opportunity Outlook—The Middle East
Opportunity Outlook—APAC
Leasing Companies to Look Out for—A Frost & Sullivan Perspective
Start-ups to Look Out for—A Frost & Sullivan Perspective
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
Business Model Analysis
Private Lease Development
Packaging and Pricing—Operational Leasing
Leasing Providers Focus on Dedicated B2C Remarketing Channels
Leasing Providers Focus on Dedicated B2C Remarketing Channels (continued)
Focus Towards LCV Leasing
Acronyms
Acronyms (continued)
A Comprehensive Approach Of The Leasing Industry
Fleet and Leasing Geographical Scope
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Research Highlights
This study is focused on the outlook of the global fleet leasing industry in 2020. It starts with detailing the existing market scenario, followed by trends that are shaping the leasing industry in 2020. It provides the market size of the passenger vehicle (PV) and the light commercial vehicle (LCV) segments and provides sales and parc data for the total market and the fleet and the company car (true fleet) segments. The company car segment is discussed in detail, with a focus on actual development and growth potential of financial lease, operational lease, and outright purchase. The analysis takes into account historic data and current market conditions and insight and opinion from market participants to deliver a 5-year outlook on growth opportunities (2019–2023). In addition to market data (PV and LCV) for new registrations and portfolio, the study details actual competitor data (portfolio) for leading leasing providers worldwide.
| No Index | No |
|---|---|
| Podcast | No |
| Author | Gopi Sukumar |
| Industries | Automotive |
| WIP Number | MF74-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9800-A6,9B02-A6 |
