NEW YORK, March 15, 2016 /PRNewswire/ -- Strategic Analysis of Fleet Vehicle Leasing Market in France : The Fleet Leasing Business is Expected to Grow, with Financial Lease Posting a Higher Growth Rate than Operational Lease
This study discusses in detail the company car market in France, especially the fleet leasing business (financial and operating lease) of passenger vehicles (PV) and light commercial vehicles (LCV). The study analyses the French environment for the growth of the fleet and leasing market, on the basis of historic data and current market conditions (PESTLE Analysis). It also discusses the drivers and restraints that are likely to impact the fleet and leasing industry. Finally, it discusses market segmentation, and compares the suppliers in vehicle leasing in France. In addition, the study displays the size of the market, segment-wise (in new registrations and portfolio), with forecasts for the next 5 years.
Key Findings
Fleet and Leasing Market: Key Takeaways, France, 2014–2019
French GDP growth is expected to accelerate in 2015—estimated to be %—due to the narrowing gap between EU zone growth average in 2014 (with the help of lower oil prices, weaker euro and better financing conditions). The rebound in business investments is expected to improve in 2016.
Increase in demand from SME companies and upgrading the vehicle fleet due to the eMobility trend are expected to be the key market drivers in the coming years.
Fleet penetration for new registrations between 2011 and 2014 has increased to reach % due to expectations that increased the internal and external demand and improved the financial situation in France. Growth is expected to be faster after 2015.
Penetration of fleet vehicles is France is high— %—when compared to the big five* and it is the 3rd largest fleet market in Europe (it is preceded by the UK and Germany).
The market is dominated by French OEM captives—RCI Banque and PSA Finance—and bank captives ALD Automotive and Arval (Societe Generale and BNP Paribas).
Read the full report: http://www.reportlinker.com/p03700107-summary/view-report.html
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