Car Leasing Market in the Trucking Industry|COVID-19 Impact and Analysis|Technavio
NEW YORK, July 20, 2021 -- "Economic way of acquiring a car and the rising technological obsolescence of older cars will further boost market growth during the forecast period," says a senior analyst at Technavio.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. COVID-19 will have at Par impact on the car leasing market. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
The car leasing market in the trucking industry is expected to grow by 23696.77 thousand units, progressing at a CAGR of almost 18% during 2021-2025, as per the new report from Technavio. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Car Leasing Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist car leasing market growth during the next five years
- Estimation of the car leasing market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the car leasing market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of car leasing market vendors
Car Leasing Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio provides a detailed analysis of around 25 vendors operating in the car leasing market. ALD SA, Arval Service Lease, Athlon Car Lease International BV, Avis Budget Group Inc., Deutsche Leasing AG, Enterprise Holdings Inc., Europcar Mobility Group SA, Hertz Global Holdings Inc., LeasePlan Corporation NV, and Sixt SE are some of the major market participants.
- Car Leasing Market Size
- Car Leasing Market Trends
- Car Leasing Market Industry Analysis
This study identifies off-lease cars fueling the used car market as one of the prime reasons driving the Car Leasing Market growth during the next few years.
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41043
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- Explore insights on key market accelerating factors.
- Identify potential threats to market growth.
- Understand the impact of trends likely to influence market growth positively or negatively.
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by End-user
- Market Segmentation by Geography
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
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About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Report link: https://www.technavio.com/report/car-leasing-market-industry-analysis
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