NEW YORK, Feb. 24, 2016 /PRNewswire/ --
Opportunities in SME Market and Replacement of Aged Vehicles are Expected to Drive the Fleet Leasing Market
This market insight analyzes the company car market in Portugal and provides an understanding of the types of company car funding options (operational lease, financial lease and Outright purchase) for the automobile segment of passenger cars and light commercial vehicles. The research finds that there were 163,787+ vehicles (Passenger Vehicles and LCV) leased in Portugal in 2014. Operating lease contributed to more than 61% of the total Vehicle Leasing Market. The total vehicle leased is estimated to increase by 1.7% by 2019 and operating lease is expected to be the key growth driver. Apart from this, the related regulations and drivers and restraints that are affecting market growth are also assessed in the report.
Research Objectives and Methodology
Market Analysis and Forecast Scenario for the Fleet and Leasing Market In Portugal
- To understand the current market for fleet leasing in Portugal and to explore new opportunities for future growth.
- The aim of the study is to analyse and forecast the Portuguese fleet leasing market and identify growth opportunities for market participants in the country.
- The study analyses in detail: new fleet and portfolio fleet sales, vehicle lease products (operating lease, financial lease, outright purchase sales), leasing supplier trend—top players in financial and operational leasing, growth drivers, restraints and challenges for the fleet leasing market.
Frost & Sullivan's research study is based on secondary and primary research data.
This involves the extraction of information from existing research services and project material within the F&S database. It includes data and information gathered from technical papers, specialized magazines, seminars, and Internet research.
More than 10 interviews were conducted over the phone, in addition to visits by Senior Consultants/ Industry Analysts with original equipment suppliers, regulation authorities, and distributors. Primary research accounted for 80 per cent of the total research.
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