Assessment of Thailand Auto Leasing and Car Rental Market

Automotive Assessment of Thailand Auto Leasing and Car Rental Market

Second Largest Market in Southeast Asia that is Likely to Witness Strong Growth

INDUSTRY
Automotive

RELEASE DATE
30-May-2018
REGION
Asia Pacific
DELIVERABLE TYPE
Market Research

RESEARCH CODE
9AB2-00-BD-00-00
SKU
AU01679-AP-MR_21956
Yes
SHARE

$1,500.00

Special Price $1,125.00 save 25 %

In stock
SKU
AU01679-AP-MR_21956

Assessment of Thailand Auto Leasing and Car Rental Market
Published on: 30-May-2018 | SKU: AU01679-AP-MR_21956

Need more details?

$1,500.00

$1,125.00 save 25 %

DownloadLink
Need more details?

The auto leasing market and car rental market in Thailand is extremely complex. A majority of the market is with leasing companies affiliated with banks which club hire purchase with leasing. The market faces restraints and challenges such as high competition, high lease rental, low residual value, political instability, unstable FDI, unclear tax regulations, and rising unemployment. In the Thai Auto Leasing and Car Rental market, there are 3 broad types of players – finance companies, organized leasing/rental companies, and unorganized companies. Corporate entities are the dominant customer segment and financial leasing is the most popular product. In spite of the challenges, certain factors such as growing economy, growth in popularity of company cars, expected rise in number of SMEs, rising currency, and changing mindset regarding vehicle ownership are some of the key drivers that are expected to boost up this market in the short to medium term.

Research Scope

This RS aims to present an overview of the current and future trends and developments in the auto leasing market and car rental market in Thailand during 2017-2022. This includes:

  • Overview of Thailand Auto Leasing and Car Rental Market including size and split, classification of companies, product and customer segmentation and market shares of key companies
  • Key Market Participants and their profiles including Company Overview and Key Takeaways
  • Split of Fleet between Auto Leasing & Car Rental and Split of Fleet between Auto Leasing by customer type
  • Product Offerings of Key Market Participants
  • Analysis of the Key Drivers and Restraints for 2018-2022
  • Market Forecasts for 2018 to 2022

Key Issues Addressed

  • What is the current status, trends, and developments in the auto leasing and car rental market in Thailand?
  • Which are the significant players in the industry and what are their profiles, fleet details, and activities?
  • What is the competitive structure of the industry including number and type of competitors and market shares?
  • What are the product offerings of the various market participants in the auto leasing and car rental market?
  • What are the key challenges and restraints affecting the market and what are the key growth driving factors?
  • What is the likely future fleet size scenario for the auto leasing and car rental market in Thailand?

Key Findings

Research Scope

Key Questions this Study will Answer

Thailand Auto Leasing and Car Rental Market—Size and Split

Classification of Companies in Auto Leasing and Car Rental

Product Segmentation

Customer Segmentation

Thailand AL1 & CR2 Market—Fleet Size and Market Share of Key Players

Ratchathani Leasing Public Company Limited (Thanachart)

Krungsri Auto (Ayudhya Capital Auto Lease)

Thai ORIX Leasing Co., Ltd. (TOLC)

Sumitomo Mitsui Auto Leasing & Service (Thailand) Co., Ltd. (SMAT)

TISCO Tokyo Leasing Co., Ltd.

Phatra Leasing Public Company Limited (PL)

Auto Leasing and Car Rental Market in Thailand—Other Key Market Participants

Auto Leasing and Car Rental Market in Thailand—Other Key Market Participants (continued)

Key Market Participants—Split of Fleet between Auto Leasing and Car Rental

Key Players—Split of Auto Leasing Fleet by Customer Type

Key Market Participants—Product Offerings (Financial Lease and Operating Lease)

Market Drivers

Drivers Explained

Drivers Explained (continued)

Market Restraints

Restraints Explained

Restraints Explained (continued)

Market Forecasts—Scenario Analysis

Growth Opportunity 1—Opportunities for a New Entrant

Growth Opportunity 2—Inorganic Growth Through Partnerships

Growth Opportunity 3—Partner with E-hailing Companies

Strategic Imperatives for Success and Growth

Summary of Findings

The Last Word—3 Big Predictions

Legal Disclaimer

List of Exhibits

Glossary

The Frost & Sullivan Story

Value Proposition—Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy


Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.

Recent related Leasing and Finance research

28 Apr 2023   |   North America   |   Frost Radar

Frost Radar™: Telematics in Vehicle Leasing & Rental Markets in the Americas

Despite the slump and slow recovery in automotive sales following the pandemic and ongoing semiconductor shortages, the vehicle leasing and rental industry in the Americas is on a robust growth trajectory. The Americas denotes Canada, the United States, Argentina, Brazil, and Mexico. Leasing and ren...

18 Jan 2023   |   North America   |   Frost Radar

Frost Radar™: Fleet Management in Latin America, 2023

Fleet management applies mainly to leased and owned fleets, and service portfolios can include maintenance, repairs, fuel cards, and insurance. By centralizing all processes and transactions tied to corporate fleets, fleet management companies allow their clients to be more productive and plan for g...

17 Jan 2023   |   Global   |   Market Research

Analysis of Mergers & Acquisitions in the Global Vehicle Leasing, Rental, and Subscription Industry

Vehicle leasing solves several challenges associated with organizations’ mobility needs, such as vehicle funding, fleet maintenance, and residual value risk. To concentrate their focus on core products and services, businesses do well to outsource support activities related to mobility, from purch...

23 Dec 2022   |   South Asia, Middle East & North Africa   |   Market Research

Growth Opportunities in the UAE Light Vehicle Leasing and Rental Market

Vehicle leasing addresses several challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. Businesses need to focus on their core products and services, leading to outsourcing of support activities related to mobility, ranging from f...

22 Dec 2022   |   North America   |   Frost Radar

Frost Radar™: Electric Vehicle Leasing in North America, 2022

In 2021, the electric vehicle (EV) penetration rate in North America was low, at less than 4%, but several geopolitical factors are sending the trend on an upwards trajectory. For example, a ban on Russian oil by the United States and Canada after the start of the Russo-Ukrainian War has caused oil ...

 

Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

The auto leasing market and car rental market in Thailand is extremely complex. A majority of the market is with leasing companies affiliated with banks which club hire purchase with leasing. The market faces restraints and challenges such as high competition, high lease rental, low residual value, political instability, unstable FDI, unclear tax regulations, and rising unemployment. In the Thai Auto Leasing and Car Rental market, there are 3 broad types of players – finance companies, organized leasing/rental companies, and unorganized companies. Corporate entities are the dominant customer segment and financial leasing is the most popular product. In spite of the challenges, certain factors such as growing economy, growth in popularity of company cars, expected rise in number of SMEs, rising currency, and changing mindset regarding vehicle ownership are some of the key drivers that are expected to boost up this market in the short to medium term.--BEGIN PROMO--

Research Scope

This RS aims to present an overview of the current and future trends and developments in the auto leasing market and car rental market in Thailand during 2017-2022. This includes:

  • Overview of Thailand Auto Leasing and Car Rental Market including size and split, classification of companies, product and customer segmentation and market shares of key companies
  • Key Market Participants and their profiles including Company Overview and Key Takeaways
  • Split of Fleet between Auto Leasing & Car Rental and Split of Fleet between Auto Leasing by customer type
  • Product Offerings of Key Market Participants
  • Analysis of the Key Drivers and Restraints for 2018-2022
  • Market Forecasts for 2018 to 2022

Key Issues Addressed

  • What is the current status, trends, and developments in the auto leasing and car rental market in Thailand?
  • Which are the significant players i
More Information
Deliverable Type Market Research
No Index No
Podcast No
Author Animesh Kumar
Industries Automotive
WIP Number 9AB2-00-BD-00-00
Is Prebook No
GPS Codes 9673-A6,9800-A6,9832-A6,9AF6-A6,9B02-A6