Global Vehicle Leasing Outlook, 2023

Global Vehicle Leasing Outlook, 2023

Digitalization Empowers Leasing Industry Growth, and the Market is Expected to Reach $202.50 Billion by the End of 2023

RELEASE DATE
10-Jul-2023
REGION
North America
Deliverable Type
Market Outlook
Research Code: PEA8-01-00-00-00
SKU: TEMP_2023_22
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$4,950.00
In stock
SKU
TEMP_2023_22

Global Vehicle Leasing Outlook, 2023
Published on: 10-Jul-2023 | SKU: TEMP_2023_22

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Vehicle leasing addresses the challenges companies face in meeting their mobility needs, including funding, fleet maintenance, and handling residual risk. In the current market conditions, companies—both big and small—must focus on their core products and services; therefore, they look to outsource all other support activities, including mobility, which requires significant resources in terms of money and time. From fleet purchases to re-marketing at a better price, and for each intermediary segment in the value chain, issues, such as unnecessary cost spikes, utilization mismatches, fleet maintenance irregularities, and the risk of dips in residual value, can crop up. Corporates prefer leasing their fleets as a hassle-free service with benefits, including on-demand mobility and aftermarket services. This demand has driven growth and provided the leasing market with structure and a regulated ecosystem.

The evolution of any industry depends on transformational trends linked to regional macroeconomic factors and emerging business models that reflect innovation. This Frost & Sullivan study analyzes transformational trends, such as electric vehicle (EV) leasing, private vehicle leasing, used-car leasing, and car subscription mobility models. Other trends, such as small and mid-sized enterprise (SME) leasing, fleet connectivity, and digitalization (blockchain in the leasing industry), are also discussed. In addition, the study presents important growth opportunities and strategic imperatives that aid leasing providers and other companies' pursuit of growth and success. Overall, the study provides a 360-degree understanding of the global vehicle leasing space (region-specific) and offers details on key trends, overall market dynamics, and future outlook.

Author: Abishek Narayanan

Vehicle Leasing Key Highlights, 2022

Vehicle Leasing Key Highlights, 2022 (continued)

Vehicle Leasing Challenges, 2022

Vehicle Leasing—Actuals versus Forecast, 2022

Vehicle Leasing Historic Sales

Vehicle Leasing Top Predictions, 2023

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Vehicle Leasing Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Segmentation

Company Car—Fleet Segmentation

Research Scope

Business Segment Regional Scope

Top 5 Global Economic Highlights, 2022

Top 5 Global Economic Highlights, 2023

Global GDP Growth Expectations

Recessionary/Slowdown Expectations for Major Economies

Global GDP Growth Snapshot

Advanced Economy Predictions, 2023

Emerging Economy Predictions, 2023

Regional Risks and Policy Direction, 2023

Top Growth Opportunities by Region, 2023

Global Vehicle Leasing Revenue by Sector

Revenue Forecast by Segment

Revenue Forecast by Segment (continued)

Revenue Forecast by Region

Vehicle Leasing Metrics, Vehicles in Operation

Vehicle Leasing Metrics, New Registrations

Global Vehicle Leasing Competitive Landscape

Global Vehicle Leasing Competitive Landscape (continued)

Vehicle Leasing Key Segments and Participants, 2022

Global Leasing Market—Consolidation Deals, 2022

Global Leasing Market—Consolidation Deals, 2022 (continued)

Vehicle Leasing—Top Trends Driving the Industry, 2023

Prediction 1—Vehicle Fleet Electrification

Prediction 2—Increasing Used-car Leasing

Prediction 3—Digital Sales

Prediction 4—Market Consolidation

Prediction 5—Fleet Consulting

Prediction 6—B2C Leasing Focus in Europe

Prediction 7—Supply Chain Disruptions

Prediction 8—Leased Fleet Connectivity

Prediction 9—B2B Leasing Focus in the American Region

Prediction 10—Emerging Business around Fleet Aftermarket Services

Prediction 11—Leasing Contract Customization

Prediction 12—Leasing Contract Sharing

Company Car Fleet Funding Analysis

Retail Fleet Funding Analysis

Company Car New Registration, Powertrain Segmentation

Company Car New Registration, xEV Fleet Focus

Used-car Leasing Analysis

Regional Vehicle Leasing Summary, the Americas

Regional Vehicle Leasing Summary, Europe

Regional Vehicle Leasing Summary, Asia-Pacific

Regional Vehicle Leasing Summary, Rest of World

Growth Opportunity 1—Leased Fleet Connectivity

Growth Opportunity 1—Leased Fleet Connectivity (continued)

Growth Opportunity 2—EV Leasing

Growth Opportunity 2—EV Leasing (continued)

Growth Opportunity 3—Digitalization for Accelerated Business Growth

Growth Opportunity 3—Digitalization for Accelerated Business Growth (continued)

Growth Opportunity 4—Used-car Leasing to Address Vehicle Supply Shortages

Growth Opportunity 4—Used-car Leasing to Address Vehicle Supply Shortages (continued)

Conclusions

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

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Vehicle leasing addresses the challenges companies face in meeting their mobility needs, including funding, fleet maintenance, and handling residual risk. In the current market conditions, companies—both big and small—must focus on their core products and services; therefore, they look to outsource all other support activities, including mobility, which requires significant resources in terms of money and time. From fleet purchases to re-marketing at a better price, and for each intermediary segment in the value chain, issues, such as unnecessary cost spikes, utilization mismatches, fleet maintenance irregularities, and the risk of dips in residual value, can crop up. Corporates prefer leasing their fleets as a hassle-free service with benefits, including on-demand mobility and aftermarket services. This demand has driven growth and provided the leasing market with structure and a regulated ecosystem. The evolution of any industry depends on transformational trends linked to regional macroeconomic factors and emerging business models that reflect innovation. This Frost & Sullivan study analyzes transformational trends, such as electric vehicle (EV) leasing, private vehicle leasing, used-car leasing, and car subscription mobility models. Other trends, such as small and mid-sized enterprise (SME) leasing, fleet connectivity, and digitalization (blockchain in the leasing industry), are also discussed. In addition, the study presents important growth opportunities and strategic imperatives that aid leasing providers and other companies' pursuit of growth and success. Overall, the study provides a 360-degree understanding of the global vehicle leasing space (region-specific) and offers details on key trends, overall market dynamics, and future outlook. Author: Abishek Narayanan
More Information
Deliverable Type Market Outlook
Author Abishek Narayanan
Industries Automotive
No Index No
Is Prebook No
Keyword 1 Automotive Rental Market
Keyword 2 Vehicle Leasing Market
Keyword 3 Leasing Industry Growth
Podcast No
WIP Number PEA8-01-00-00-00