Global Car Leasing Market Size, Share and Forecast Analysis to 2021
Global Car Leasing Market Size, Growth rate and Industry Analysis:
Car leasing allows consumers to enjoy the benefits of using a car without having to buy it, even if the family budget remains under pressure due to rising inflation. The Market size is expected to reach a CAGR value of 10.01% during the forecast period.
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Growth driving factors of Global Car Leasing Market:
The growing demands for mobility and the preference of vehicles for a specific model are driving the demand for car leasing. It has created a niche market for light commercial vehicles, in which smaller companies prefer to invest capital in the business instead of spending it on a vehicle.
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Geographical Insights of Global Car Leasing Market:
Region Europe and North America are the main regions of the market. 30% of new vehicles are registered in Europe come from leasing companies. Europe and North America is witnessing the strong demand for personal mobility.
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Prominent Key Players in Global Car Leasing Market:
- ALD Automotive
- ARVAL
- Societe Generale
- 5 + More
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