NEW YORK, Fev. 8, 2016 /PRNewswire/ -- Analysis of the Austria Fleet and Leasing Market : Growth in Leasing is Expected to be Higher than Retail, with Financial Leasing being the Key Driving Force
This study discusses in detail the company car market in Austria, especially financial and operating lease of passenger vehicles and light commercial vehicles (LCV). The study analyses the Austrian environment for the growth of the vehicle leasing market, on the basis of historic data and current market conditions. It also discusses market segmentation and market potential, and compares the suppliers in vehicle leasing in Austria. Finally, the drivers and restraints that are likely to impact the fleet and leasing industry are also discussed in the study.
Total Fleet and Leasing Market: Key Takeaways, Austria, 2014
The total market is expected to remain stagnant for the next years with a CAGR growth of % from 2014 to 2019. Growth in LCV would be higher compared to Passenger vehicles
The company car market is set to grow at % from 2014 to 2019. The projected slower growth in outright purchase—when compared to the growth in the company car market—is evidence that leasing can make further market share gains.
Company car passenger vehicle parc market is % of the total passenger vehicle parc and has been flat for the last few years and might grow at a slow pace due to the sluggishness in the Austrian economy.
The LCV new registration market would be stable with a CAGR of % from 2014 to 2019. Company car contributes to % of the total LCV new registrations, with financial leasing dominating the sales
Given the Austrian market conditions, competition for business between captives and independents is expected to intensify. In 2014, the share of the top fleet leasing companies was %
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