This research service is based on actual figures focusing on “private leasing” for the period 2013 to 2015. A forecast of market growth is provided for the period 2016-2020. The geographic scope is EU-26, and vehicle segmentation covers light vehicles, i.e., passenger vehicles (PV) and light commercial vehicles (LCV).
Key Questions this Study Will Answer:
1. What is private vehicle leasing and where does it fit in the vehicle financing ecosystem?
2. What are the distribution channels providing the private leasing product, and how is it categorised?
3. What is the business environment of the vehicle leasing market in Europe?
4. What is the penetration of private lease contracts in the retail segment?
5. What factors are likely to drive and determine the growth of the private leasing market between 2016 and 2020?
6. Which are the key participants offering private leasing product, and what are their profiles?
7. Which are the key customers responsible for growth in the private leasing market?
8. How is the mobility market expected to evolve with innovative mobility models?
Increase in vehicle density on the road, lack of parking slots, and high maintenance costs are transforming the mobility market in Europe. Travel is the key demand and not the asset (car)-hence, customers are looking for alternative options to owning a vehicle. Customers wish to keep up with the trend in terms of new cars every 3-4 years. Also, the preference in flexible mobility options is pushing customers to look for alternatives to owning a car and maintaining it.
Firstly, the need of the customer is changing, so what is in it for private lease products? Is it an opportunity for leasing providers?
Secondly, leasing companies have mostly covered so many corporates across the region that there is little left for them to explore. How is this going to change the arena of the private leasing market?
Rising costs of owning a vehicle inhibit customers from replacing their cars and make them look for alternatives such as public transport, car rentals, and taxis. A few of these options are comfortable but expensive. So, an option of mobility at an affordable price along with comfort would fill this requirement gap. Leasing companies have already started focusing on this retail financing segment to expand their market share early with a first mover advantage.
- Key Findings
- Market Engineering Measurements
- Product Overview
- Private Leasing Contract-Process Map
- Private Leasing Market-New Registrations
- Regional Overview
- Product Benchmarking
- Current Status and Outlook
- Research Scope
- Research Aim and Objectives
- Key Questions This Study Will Answer
- Research Background
- Research Methodology
- Key Participant Groups
- Automotive Market Structure
- Customer Segmentation
- Evolution of Private Leasing Market
- Transformation in Mobility
- Automobile Market-Total Sales
- Market Metrics-Retail Funding Splits
- PESTLE Analysis
- Private Leasing-Distribution Channel Analysis
- Private Leasing-Direct Distribution Channel
- Private Leasing-Indirect Distribution Channel
- Market Engineering Measurements
- Annual Sales
- Market Forecast
- Private Leasing New Contract Volumes, 2015 and 2020
- Private Leasing-Opportunity for Used Cars
- Country Analysis-Germany
- Country Analysis-Switzerland
- Country Analysis-The United Kingdom
- Country Analysis-Italy
- Country Analysis-Spain
- Country Analysis-Nordics
- Country Analysis-Benelux
- Country Analysis-The United States
- Growth Opportunity-Private Vehicle Leasing Market
- Future of Mobility Models
- Peer-to-Peer Lending
- Fractional Leasing
- Volkswagen Financial Services-Company Information
- Toyota Financial Services-Company Information
- ALD Automotive-Company Information
- LeasePlan-Company Information
- Provider Profiles-Other Participants
- The Last Word-3 Big Predictions
- Legal Disclaimer
- Market Engineering Methodology
- Vehicle Leasing Market-Definitions
- Country Codes