Business auto lease service provides vehicles for companies, typically offering long-term and flexible leasing options. These services cater to transportation needs, employee travel, or other business requirements. They often include maintenance, insurance, and management of the vehicles to streamline operations and reduce financial burdens associated with vehicle ownership.
The global Business Auto Lease Service market size is projected to grow from US$ 99730 million in 2024 to US$ 145640 million in 2030; it is expected to grow at a CAGR of 6.5% from 2024 to 2030.
LPI (publisher)' newest research report, the 鈥淏usiness Auto Lease Service Industry Forecast鈥� looks at past sales and reviews total world Business Auto Lease Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Business Auto Lease Service sales for 2023 through 2029. With Business Auto Lease Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Business Auto Lease Service industry.
This Insight Report provides a comprehensive analysis of the global Business Auto Lease Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Business Auto Lease Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Business Auto Lease Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Business Auto Lease Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Business Auto Lease Service.
Global key players of Commercial Auto Leasing include Enterprise Holdings, Penske, Avis Budget, Ryder, Europcar (Eurazeo), etc. The top five players hold a share about 33%. North America is the world's largest market for Commercial Auto Leasing and holds a share about 39%, followed by Asia-Pacific and Europe, with share about 32% and 23%, separately. In terms of product type, Truck is the largest segment, accounting for a share about 42%. In terms of application, Business is the largest field with a share about 61 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Business Auto Lease Service market by product type, application, key players and key regions and countries.
Segmentation by Type:
Truck
Van
Trailer
Bus and Coach
Others
Segmentation by Application:
Business
Individual
Government and Institution
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Truck
Van
Trailer
Bus and Coach
Others
Segmentation by Application:
Business
Individual
Government and Institution
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Enterprise Holdings
Penske
Avis Budget
Ryder
Europcar (Eurazeo)
Hertz
Sumitomo Mitsui Auto Service (SMAS)
Dah Chong Hong Holdings
Arval (BNP Paribas)
Localiza
Paccar
Ayvens (Societe Generale)
Shouqi Zuche
Sixt
Petit Forestier
TIP Group
Lionbridge Financing Leasing
TEC Equipment
The Larson Group (TLG)
FAW Leasing
Merchants Fleet
Minsheng Financial Leasing
Beijing Zhongche Xinrong Car Leasing
Asset Alliance Group
Vanarama (Auto Trader Group)
Pan Pacific Van & Truck Leasing Pte Ltd
D&M Leasing (Hernco)
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Business Auto Lease Service Market Size 2019-2030
2.1.2 Business Auto Lease Service Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Business Auto Lease Service by Country/Region, 2019, 2023 & 2030
2.2 Business Auto Lease Service Segment by Type
2.2.1 Truck
2.2.2 Van
2.2.3 Trailer
2.2.4 Bus and Coach
2.2.5 Others
2.3 Business Auto Lease Service Market Size by Type
2.3.1 Business Auto Lease Service Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Business Auto Lease Service Market Size Market Share by Type (2019-2024)
2.4 Business Auto Lease Service Segment by Application
2.4.1 Business
2.4.2 Individual
2.4.3 Government and Institution
2.5 Business Auto Lease Service Market Size by Application
2.5.1 Business Auto Lease Service Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Business Auto Lease Service Market Size Market Share by Application (2019-2024)
3 Business Auto Lease Service Market Size by Player
3.1 Business Auto Lease Service Market Size Market Share by Player
3.1.1 Global Business Auto Lease Service Revenue by Player (2019-2024)
3.1.2 Global Business Auto Lease Service Revenue Market Share by Player (2019-2024)
3.2 Global Business Auto Lease Service Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Business Auto Lease Service by Region
4.1 Business Auto Lease Service Market Size by Region (2019-2024)
4.2 Global Business Auto Lease Service Annual Revenue by Country/Region (2019-2024)
4.3 Americas Business Auto Lease Service Market Size Growth (2019-2024)
4.4 APAC Business Auto Lease Service Market Size Growth (2019-2024)
4.5 Europe Business Auto Lease Service Market Size Growth (2019-2024)
4.6 Middle East & Africa Business Auto Lease Service Market Size Growth (2019-2024)
5 Americas
5.1 Americas Business Auto Lease Service Market Size by Country (2019-2024)
5.2 Americas Business Auto Lease Service Market Size by Type (2019-2024)
5.3 Americas Business Auto Lease Service Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Business Auto Lease Service Market Size by Region (2019-2024)
6.2 APAC Business Auto Lease Service Market Size by Type (2019-2024)
6.3 APAC Business Auto Lease Service Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Business Auto Lease Service Market Size by Country (2019-2024)
7.2 Europe Business Auto Lease Service Market Size by Type (2019-2024)
7.3 Europe Business Auto Lease Service Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Business Auto Lease Service by Region (2019-2024)
8.2 Middle East & Africa Business Auto Lease Service Market Size by Type (2019-2024)
8.3 Middle East & Africa Business Auto Lease Service Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Business Auto Lease Service Market Forecast
10.1 Global Business Auto Lease Service Forecast by Region (2025-2030)
10.1.1 Global Business Auto Lease Service Forecast by Region (2025-2030)
10.1.2 Americas Business Auto Lease Service Forecast
10.1.3 APAC Business Auto Lease Service Forecast
10.1.4 Europe Business Auto Lease Service Forecast
10.1.5 Middle East & Africa Business Auto Lease Service Forecast
10.2 Americas Business Auto Lease Service Forecast by Country (2025-2030)
10.2.1 United States Market Business Auto Lease Service Forecast
10.2.2 Canada Market Business Auto Lease Service Forecast
10.2.3 Mexico Market Business Auto Lease Service Forecast
10.2.4 Brazil Market Business Auto Lease Service Forecast
10.3 APAC Business Auto Lease Service Forecast by Region (2025-2030)
10.3.1 China Business Auto Lease Service Market Forecast
10.3.2 Japan Market Business Auto Lease Service Forecast
10.3.3 Korea Market Business Auto Lease Service Forecast
10.3.4 Southeast Asia Market Business Auto Lease Service Forecast
10.3.5 India Market Business Auto Lease Service Forecast
10.3.6 Australia Market Business Auto Lease Service Forecast
10.4 Europe Business Auto Lease Service Forecast by Country (2025-2030)
10.4.1 Germany Market Business Auto Lease Service Forecast
10.4.2 France Market Business Auto Lease Service Forecast
10.4.3 UK Market Business Auto Lease Service Forecast
10.4.4 Italy Market Business Auto Lease Service Forecast
10.4.5 Russia Market Business Auto Lease Service Forecast
10.5 Middle East & Africa Business Auto Lease Service Forecast by Region (2025-2030)
10.5.1 Egypt Market Business Auto Lease Service Forecast
10.5.2 South Africa Market Business Auto Lease Service Forecast
10.5.3 Israel Market Business Auto Lease Service Forecast
10.5.4 Turkey Market Business Auto Lease Service Forecast
10.6 Global Business Auto Lease Service Forecast by Type (2025-2030)
10.7 Global Business Auto Lease Service Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Business Auto Lease Service Forecast
11 Key Players Analysis
11.1 Enterprise Holdings
11.1.1 Enterprise Holdings Company Information
11.1.2 Enterprise Holdings Business Auto Lease Service Product Offered
11.1.3 Enterprise Holdings Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Enterprise Holdings Main Business Overview
11.1.5 Enterprise Holdings Latest Developments
11.2 Penske
11.2.1 Penske Company Information
11.2.2 Penske Business Auto Lease Service Product Offered
11.2.3 Penske Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Penske Main Business Overview
11.2.5 Penske Latest Developments
11.3 Avis Budget
11.3.1 Avis Budget Company Information
11.3.2 Avis Budget Business Auto Lease Service Product Offered
11.3.3 Avis Budget Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Avis Budget Main Business Overview
11.3.5 Avis Budget Latest Developments
11.4 Ryder
11.4.1 Ryder Company Information
11.4.2 Ryder Business Auto Lease Service Product Offered
11.4.3 Ryder Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Ryder Main Business Overview
11.4.5 Ryder Latest Developments
11.5 Europcar (Eurazeo)
11.5.1 Europcar (Eurazeo) Company Information
11.5.2 Europcar (Eurazeo) Business Auto Lease Service Product Offered
11.5.3 Europcar (Eurazeo) Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Europcar (Eurazeo) Main Business Overview
11.5.5 Europcar (Eurazeo) Latest Developments
11.6 Hertz
11.6.1 Hertz Company Information
11.6.2 Hertz Business Auto Lease Service Product Offered
11.6.3 Hertz Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Hertz Main Business Overview
11.6.5 Hertz Latest Developments
11.7 Sumitomo Mitsui Auto Service (SMAS)
11.7.1 Sumitomo Mitsui Auto Service (SMAS) Company Information
11.7.2 Sumitomo Mitsui Auto Service (SMAS) Business Auto Lease Service Product Offered
11.7.3 Sumitomo Mitsui Auto Service (SMAS) Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Sumitomo Mitsui Auto Service (SMAS) Main Business Overview
11.7.5 Sumitomo Mitsui Auto Service (SMAS) Latest Developments
11.8 Dah Chong Hong Holdings
11.8.1 Dah Chong Hong Holdings Company Information
11.8.2 Dah Chong Hong Holdings Business Auto Lease Service Product Offered
11.8.3 Dah Chong Hong Holdings Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Dah Chong Hong Holdings Main Business Overview
11.8.5 Dah Chong Hong Holdings Latest Developments
11.9 Arval (BNP Paribas)
11.9.1 Arval (BNP Paribas) Company Information
11.9.2 Arval (BNP Paribas) Business Auto Lease Service Product Offered
11.9.3 Arval (BNP Paribas) Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Arval (BNP Paribas) Main Business Overview
11.9.5 Arval (BNP Paribas) Latest Developments
11.10 Localiza
11.10.1 Localiza Company Information
11.10.2 Localiza Business Auto Lease Service Product Offered
11.10.3 Localiza Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Localiza Main Business Overview
11.10.5 Localiza Latest Developments
11.11 Paccar
11.11.1 Paccar Company Information
11.11.2 Paccar Business Auto Lease Service Product Offered
11.11.3 Paccar Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Paccar Main Business Overview
11.11.5 Paccar Latest Developments
11.12 Ayvens (Societe Generale)
11.12.1 Ayvens (Societe Generale) Company Information
11.12.2 Ayvens (Societe Generale) Business Auto Lease Service Product Offered
11.12.3 Ayvens (Societe Generale) Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Ayvens (Societe Generale) Main Business Overview
11.12.5 Ayvens (Societe Generale) Latest Developments
11.13 Shouqi Zuche
11.13.1 Shouqi Zuche Company Information
11.13.2 Shouqi Zuche Business Auto Lease Service Product Offered
11.13.3 Shouqi Zuche Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Shouqi Zuche Main Business Overview
11.13.5 Shouqi Zuche Latest Developments
11.14 Sixt
11.14.1 Sixt Company Information
11.14.2 Sixt Business Auto Lease Service Product Offered
11.14.3 Sixt Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Sixt Main Business Overview
11.14.5 Sixt Latest Developments
11.15 Petit Forestier
11.15.1 Petit Forestier Company Information
11.15.2 Petit Forestier Business Auto Lease Service Product Offered
11.15.3 Petit Forestier Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Petit Forestier Main Business Overview
11.15.5 Petit Forestier Latest Developments
11.16 TIP Group
11.16.1 TIP Group Company Information
11.16.2 TIP Group Business Auto Lease Service Product Offered
11.16.3 TIP Group Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 TIP Group Main Business Overview
11.16.5 TIP Group Latest Developments
11.17 Lionbridge Financing Leasing
11.17.1 Lionbridge Financing Leasing Company Information
11.17.2 Lionbridge Financing Leasing Business Auto Lease Service Product Offered
11.17.3 Lionbridge Financing Leasing Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 Lionbridge Financing Leasing Main Business Overview
11.17.5 Lionbridge Financing Leasing Latest Developments
11.18 TEC Equipment
11.18.1 TEC Equipment Company Information
11.18.2 TEC Equipment Business Auto Lease Service Product Offered
11.18.3 TEC Equipment Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.18.4 TEC Equipment Main Business Overview
11.18.5 TEC Equipment Latest Developments
11.19 The Larson Group (TLG)
11.19.1 The Larson Group (TLG) Company Information
11.19.2 The Larson Group (TLG) Business Auto Lease Service Product Offered
11.19.3 The Larson Group (TLG) Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.19.4 The Larson Group (TLG) Main Business Overview
11.19.5 The Larson Group (TLG) Latest Developments
11.20 FAW Leasing
11.20.1 FAW Leasing Company Information
11.20.2 FAW Leasing Business Auto Lease Service Product Offered
11.20.3 FAW Leasing Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.20.4 FAW Leasing Main Business Overview
11.20.5 FAW Leasing Latest Developments
11.21 Merchants Fleet
11.21.1 Merchants Fleet Company Information
11.21.2 Merchants Fleet Business Auto Lease Service Product Offered
11.21.3 Merchants Fleet Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.21.4 Merchants Fleet Main Business Overview
11.21.5 Merchants Fleet Latest Developments
11.22 Minsheng Financial Leasing
11.22.1 Minsheng Financial Leasing Company Information
11.22.2 Minsheng Financial Leasing Business Auto Lease Service Product Offered
11.22.3 Minsheng Financial Leasing Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.22.4 Minsheng Financial Leasing Main Business Overview
11.22.5 Minsheng Financial Leasing Latest Developments
11.23 Beijing Zhongche Xinrong Car Leasing
11.23.1 Beijing Zhongche Xinrong Car Leasing Company Information
11.23.2 Beijing Zhongche Xinrong Car Leasing Business Auto Lease Service Product Offered
11.23.3 Beijing Zhongche Xinrong Car Leasing Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.23.4 Beijing Zhongche Xinrong Car Leasing Main Business Overview
11.23.5 Beijing Zhongche Xinrong Car Leasing Latest Developments
11.24 Asset Alliance Group
11.24.1 Asset Alliance Group Company Information
11.24.2 Asset Alliance Group Business Auto Lease Service Product Offered
11.24.3 Asset Alliance Group Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.24.4 Asset Alliance Group Main Business Overview
11.24.5 Asset Alliance Group Latest Developments
11.25 Vanarama (Auto Trader Group)
11.25.1 Vanarama (Auto Trader Group) Company Information
11.25.2 Vanarama (Auto Trader Group) Business Auto Lease Service Product Offered
11.25.3 Vanarama (Auto Trader Group) Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.25.4 Vanarama (Auto Trader Group) Main Business Overview
11.25.5 Vanarama (Auto Trader Group) Latest Developments
11.26 Pan Pacific Van & Truck Leasing Pte Ltd
11.26.1 Pan Pacific Van & Truck Leasing Pte Ltd Company Information
11.26.2 Pan Pacific Van & Truck Leasing Pte Ltd Business Auto Lease Service Product Offered
11.26.3 Pan Pacific Van & Truck Leasing Pte Ltd Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.26.4 Pan Pacific Van & Truck Leasing Pte Ltd Main Business Overview
11.26.5 Pan Pacific Van & Truck Leasing Pte Ltd Latest Developments
11.27 D&M Leasing (Hernco)
11.27.1 D&M Leasing (Hernco) Company Information
11.27.2 D&M Leasing (Hernco) Business Auto Lease Service Product Offered
11.27.3 D&M Leasing (Hernco) Business Auto Lease Service Revenue, Gross Margin and Market Share (2019-2024)
11.27.4 D&M Leasing (Hernco) Main Business Overview
11.27.5 D&M Leasing (Hernco) Latest Developments
12 Research Findings and Conclusion
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*If Applicable.