ALD SA, Arval Service Lease, and Autoflex Leasing are the three major market participants for the car fleet leasing market in the US.
NEW YORK, July 20, 2021 /PRNewswire/ --
"Growth of auto leasing market in the US and cost-saving advantage in SME sector will further boost market growth during the forecast period," says a senior analyst at Technavio.
Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
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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 fleet leasing market in the US.
The car fleet leasing market in the US in the trucking industry is expected to reach USD 149.17 million, progressing at a CAGR of over 1% 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 Fleet Leasing Market in the US 2021-2025: Key Highlights
Car Fleet Leasing Market in the US 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 fleet leasing market in the US. ALD SA, Arval Service Lease, Autoflex Leasing, Avis Budget Group Inc., Corporate Fleet Services Inc., Enterprise Holdings Inc., Hertz Global Holdings Inc., LeasePlan Corp. NV, Sixt SE, and Wheels Inc. are some of the major market participants.
This study identifies cost-saving advantage in the SME sector as one of the prime reasons driving the Car Fleet Leasing Market in US 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=IRTNTR44240
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Global Car Leasing Market- The car leasing market is segmented by end-user (commercial customers and non-commercial customers) and geography (APAC, Europe, North America, MEA, and South America).
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Vehicle Leasing Market in Europe- The vehicle leasing market in Europe is segmented by type (passenger cars and commercial vehicles) and geography (the UK, Germany, France, and the rest of Europe).
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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
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UK: +44 203 893 3200
Email: [email protected]
Report link: https://www.technavio.com/report/car-fleet-leasing-market-in-us-industry-analysis
SOURCE Technavio
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