Automotive Finance - Global Strategic Business Report

Global Automotive Finance Market to Reach $517.9 Billion by 2030

The global market for Automotive Finance estimated at US$222.1 Billion in the year 2022, is projected to reach a revised size of US$517.9 Billion by 2030, growing at a CAGR of 11.2% over the analysis period 2022-2030. Banks, one of the segments analyzed in the report, is projected to record 10.6% CAGR and reach US$284.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the OEM segment is readjusted to a revised 12.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $60.5 Billion, While China is Forecast to Grow at 15.8% CAGR

The Automotive Finance market in the U.S. is estimated at US$60.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$120.4 Billion by the year 2030 trailing a CAGR of 15.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7% and 10.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.

Select Competitors (Total 41 Featured) -

• Ally Financial
• Bank of America
• Capital One
• Chase Auto Finance
• Daimler Financial Services
• Ford Motor Credit Company
• GM Financial Inc.
• Hitachi Capital
• Toyota Financial Services
• Volkswagen Financial Services

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• Global competitiveness and key competitor percentage market shares
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