Car Fleet Leasing Market in the US 2017-2021

  • ID: 4307422
  • Report
  • Region: United States
  • 66 pages
  • TechNavio
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FEATURED COMPANIES

  • Absolute Auto Leasing
  • ARI
  • Autoflex
  • Donlen
  • ExpatRide
  • Global Auto Leasing
  • MORE

About Car Fleet Leasing

This market research analysis identifies the flexibility for the customer can change their car depending upon their changing requirements as one of the primary growth factors for this market. The buyers looking for updated models, improved safety features and improved fuel economy opt for leasing as it is economical to get access to newer car variants. Car leasing also provides the buyers the choice of operational lease, which allows the lease contract to be terminated at any time by the lessee without any penalty. Furthermore, the low fleet lease payment rates compared to loan due payment also influences business entities and individual customers to adopt leasing as a viable option.

One of the latest trends that will gain traction in the car fleet leasing market in the US in the coming years is the emergence of the captive finance. Captive finance companies are already widespread in the US and are now trying to increase their hold in the developing markets. The key players of captive finance in the Americas are General Motors captive finance, Lincoln Ford finance, and Shift finance. These companies are working on changing their legal structure by acquiring full banking license; thus, enabling them to have access to low-cost funding and increase customer loyalty. In addition, they also offer various appealing offers to customers ranging from flexible payment terms to 0% financing. Moreover, many captive finance companies are offering retail banking products, such as credit card facilities, to increase their market shares.

The analysts forecast the car fleet leasing market in the US to grow at a CAGR of 2.57% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the car fleet leasing market in the US for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- California
- Texas
- New York
- Washington
- New Jersey

The report, Car Fleet Leasing Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- ALD Automotive
- ARI
- Arval
- Donlen
- LeasePlan

Other prominent vendors
- ExpatRide
- Car Express
- Executive Car Leasing
- First Class Leasing
- High End Auto Leasing
- Absolute Auto Leasing
- Autoflex
- Global Auto Leasing
- World Auto Group Leasing

Market drivers
- Growth of auto leasing market in the US
- For a full, detailed list, view the full report

Market challenges
- Fragmented telematics market in the US
- For a full, detailed list, view the full report

Market trends
- Emergence of captive finance
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key Market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are theKey vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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FEATURED COMPANIES

  • Absolute Auto Leasing
  • ARI
  • Autoflex
  • Donlen
  • ExpatRide
  • Global Auto Leasing
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by types of lease
  • Segmentation of car fleet leasing market in the US by types of lease
  • Car fleet leasing market in the US by close end lease
  • Car fleet leasing market in the US by open end lease
PART 07: Market segmentation by end-user
  • Segmentation of car fleet leasing market in the US by end-user
  • Car fleet leasing market in the US by IT industry
  • Car fleet leasing market in the US by food and beverage industry
  • Car fleet leasing market in the US by pharmaceuticals industry
  • Car fleet leasing market in the US by others
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Emergence of captive finance
  • Dominance of bank and independent leasing company
  • Advances in technology
PART 11: Vendor landscape
  • Competitive scenario
  • ALD Automotive
  • ARI
  • Arval
  • Donlen
  • LeasePlan
  • Other prominent vendors
PART 12: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Car leasing and financing service providers
Exhibit 02: Overview of car fleet leasing market in the US
Exhibit 03: Car fleet leasing market in the US 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Segmentation of car fleet leasing market in the US 2016 and 2021 (% revenue)
Exhibit 06: Growth rate of car fleet leasing market 2017-2021
Exhibit 07: Car fleet leasing market in the US by close end fleet lease 2016-2021 ($ millions)
Exhibit 08: Car fleet leasing market in the US by open fleet lease 2016-2021 ($ millions)
Exhibit 09: Growth rate of open end auto lease penetration level in the US 2006-2014
Exhibit 10: Segmentation of car fleet leasing market by end user 2016 and 2021 (% revenue)
Exhibit 11: Growth rates of car fleet leasing market by end user 2017-2021
Exhibit 12: Car fleet leasing market in the US by IT industry 2016-2021 ($ millions)
Exhibit 13: IT industry revenue break-up 2016 (% revenue)
Exhibit 14: Car fleet leasing market by food and beverage industry 2016-2021 ($ millions)
Exhibit 15: Car fleet leasing market by pharmaceuticals industry 2016-2021 ($ millions)
Exhibit 16: Car fleet leasing market in the US by others 2016-2021 ($ millions)
Exhibit 17: Growth of auto lease share in new retail vehicle sales 2006-2016 (% revenue)
Exhibit 18: Growth rate of SMEs in the US 2006-2015
Exhibit 19: List of consolidated car leasing companies
Exhibit 20: Factors influencing car purchase or leasing decisions among users in the US 2015
Exhibit 21: Product segmentation of ALD Automotive
Exhibit 22: Recent news and developments of ALD Automotive
Exhibit 23: Service offering of ARI
Exhibit 24: Recent news and developments of ARI
Exhibit 25: Recent news and developments of Arval
Exhibit 26: Recent news and development of LeasePlan
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FEATURED COMPANIES

  • Absolute Auto Leasing
  • ARI
  • Autoflex
  • Donlen
  • ExpatRide
  • Global Auto Leasing
  • MORE
New Report Released: – Car Fleet Leasing Market in the US 2017-2021

The author of the report recognizes the following companies as the key players in the car fleet leasing market in the US: ALD Automotive, ARI, Arval, Donlen, and LeasePlan.

Other Prominent Vendors in the market are: ExpatRide, Car Express, Executive Car Leasing, First Class Leasing, High End Auto Leasing, Absolute Auto Leasing, Autoflex, Global Auto Leasing, and World Auto Group Leasing.

Commenting on the report, an analyst from the research team said: “One trend in the market is emergence of captive finance. Captive finance companies are already prevalent in the mature market and are now attempting to increase their hold in emerging markets as well. General Motors captive finance, Lincoln Ford finance, and Shift finance are the major players of captive finance in the Americas.”

According to the report, one driver in the market is growth of auto leasing market in the US. The vehicle price in the US is increasing year-over-year. Many major car manufacturers have been increasing their selling price in the recent years. For example, at the end of 2016, Honda raised the selling price of its vehicles by 3%. Though, the millennial population is increasing, this region still has around 48% of the middle-class population who are not in the position to afford this price hike.

Further, the report states that one challenge in the market is fragmented telematics market in the US. Car fleet leasing market is hugely dependent on the presence of telematic software providers and car manufacturers. In the US, there are around 1600 telematics vendors, who serve nearly 800 fleet management companies. All the telematics vendors in the market are offering the same solution at different prices. The end-users for fleet management companies are demanding customized telematics services.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • ALD Automotive
  • ARI
  • Arval
  • Donlen
  • LeasePlan
  • ExpatRide
  • Car Express
  • Executive Car Leasing
  • First Class Leasing
  • High End Auto Leasing
  • Absolute Auto Leasing
  • Autoflex
  • Global Auto Leasing
  • World Auto Group Leasing.
Note: Product cover images may vary from those shown
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