The Business Research Company published its Automotive Equipment Leasing Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Automotive Equipment Leasing market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the automotive equipment leasing market’s segments-
1) By Type: Passenger Car Rental, Passenger Car Leasing, Truck, Utility Trailer, And RV (Recreational Vehicle) Rental And Leasing
2) By Mode: Online, Offline.
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Automotive Equipment Leasing Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global automotive equipment leasing market is expected to grow from $367 billion in 2019 to $374 billion in 2020 at a compound annual growth rate (CAGR) of 2%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $476.4 billion in 2023.
Internet of Things technology is widely being used by car rental and leasing companies in the maintenance and management of fleets. Using IoT technology, car leasing companies are able to access odometer and diagnostic trouble codes (DTCs) in real time that facilitates fleet maintenance. This technology is used to check fuel level information at the point of car return, eliminating the need for staff to check fuel levels manually.
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Automotive Equipment Leasing Market Characteristics
4. Automotive Equipment Leasing Market Product Analysis
5. Automotive Equipment Leasing Market Supply Chain
20. Key Mergers And Acquisitions In The Automotive Equipment Leasing Market
21. Market Background: Leasing Market
24. Copyright And Disclaimer
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Few Points From List Of Tables
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Automotive Equipment Leasing Market, 2019, By Region, Value ($ Billion)
Table 4: Global Automotive Equipment Leasing Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
Table 126: Global Leasing Market, 2015-2019, 2023F, 2025F, 2030F, Segmentation By Type, Value ($ Billion)
Table 127: Global Automotive Equipment Leasing Market In 2023- Growth Countries
Table 128: Global Automotive Equipment Leasing Market In 2023- Growth Segments
Table 129: Global Automotive Equipment Leasing Market In 2023- Growth Strategies
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