Leasing Market Size, Share & Trends Analysis Report By Product

 By combining trend forecasting and competitive intelligence, this report supports future-focused strategy in the leasing sector.

What Is The Projected Market Size & Growth Rate Of The Leasing Market?
The leasing market size has grown strongly in recent years. It will grow from $1905.67 billion in 2024 to $2079.95 billion in 2025 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to strong emerging markets growth, demand from the aerospace and defense industry, rise in consumer awareness, growth in the used cars market, growth in residential construction activity and increased internet penetration.

The leasing market size is expected to see strong growth in the next few years. It will grow to $2992.49 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to global population growth and urbanization, growing popularity of electric vehicles, emergence of start-ups, growing healthcare industry, increasing infrastructure spending and development of mega infrastructure projects. Major trends in the forecast period include offering products and services through online portals and mobile applications, investing in the untapped medical equipment segment, implement IoT technology to efficient fleet management, invest in environmental friendly equipment and machinery, offer car subscription services millennial population, focus on offering electric vehicles in the portfolio, offering subscription services, invest in virtual or augmented reality, employ predictive analytics, invest in big data technology.

Get your free sample today:
Leasing Market Report 2025

What Is The Crucial Factor Driving The Global Leasing Market?
The emergence of startups as major clients of leasing service providers is expected to drive the market. Driven by cost efficiency and the necessity to acquire advanced equipment which is often high-priced, startups have started renting or leasing their equipment. The increasing number of startups is also expected to positively impact the market. For instance, according to Fortunly, a US-based news magazine, in 2022, there were 33.2 million startups in the US, which is a 700,000-rise compared to 2021. Therefore, the emergence of startups drives the leasing market.

Segment Covered In The Leasing Market Report
The leasingmarket covered in this report is segmented –

1) By Type: Automotive Equipment Leasing, Consumer Goods And General Rental Centers, Machinery Leasing, Lessors Of Nonfinancial Intangible Assets
2) By Mode: Online, Offline
3) By Lease Type: Closed Ended Lease, Option to Buy Lease, Sub-Vented Lease, Other Lease Types

Subsegments:
1) By Automotive Equipment Leasing: Passenger Vehicle Leasing, Commercial Vehicle Leasing, Fleet Leasing Services
2) By Consumer Goods And General Rental Centers: Rental Of Household Items, Rental of Recreational Equipment, General Rental Services For Events
3) By Machinery Leasing: Construction Equipment Leasing, Agricultural Machinery Leasing, Industrial Equipment Leasing
4) By Lessors Of Nonfinancial Intangible Assets: Intellectual Property Leasing, Software Leasing, Brand Leasing

What Are The Key Trends And Market Opportunities In The Leasing Sector?
Internet of things technology is widely being used by car rental and leasing companies to maintain and manage fleets. The Internet of things is a network of internet-connected objects or devices able to collect and exchange data using embedded sensors. For instance, in January 2023, according to the World Economic Forum, a Switzerland-based non-profit organization, estimated that the number of connected IoT devices will reach 30 billion by 2025. This technology is also being used by car rental companies to check fuel level information at the point of car return, eliminating the need for staff to check fuel levels manually. Further, virtual key solutions for locking and unlocking doors help avoid the management of a large number of physical keys. For example, car rental firm Hertz is implementing IoT technology to provide keyless car rental services and manage its fleet to reduce costs.

Key Player In The Leasing Market
Major companies operating in the leasing market include Volkswagen leasing GmbH, Enterprise Holdings Inc., Daimler, United Rentals Inc., 7 - Eleven, LeasePlan Corporation N.V., Ashtead Group, Deutsche Leasing AG, Tokyo Century, Quippo Infrastructure Limited, GMMCO, Hami Ximeng Trade Co Ltd, Toyota Rentacar, Orix Rentacar, Anji Leasing, China Auto Rental Holdings Inc, EHi Auto Services Co. Ltd, Shenzhen City Extreme Car Rental Co. Ltd, Shouqi Car Rental Co. Ltd, Europcar, Hertz, Avis Budget, Van Anda Aviation, BNP Paribas Leasing Solutions, Oak Leasing, Renault Eurodrive, Sixt, Business Lease Group, KAMAZ Leasing Company, Volvo Finance Service Vostok, VTB Leasing, ALD Automotive, Interleasing Ltd., VEB-leasing, Trust Capital, Wells Fargo Financial Equipment Leasing, Hitachi Capital America Corp, TCF Equipment Finance, Advantage Rent a Car, Aercap Holdings N.V., McDonald's Corporation, Ryder, National Leasing, Canadian Leasing Company, Localiza, Locamerica-Unidas, Best Fleet (Unidas), Ouro Verde, Movida, Safra Leasing S.A., BB Leasing, Leasing Bolívar S.A, HALA Equipment Trading LLC, Perfect Machinery & Equipment Trading & Hire LLC, Arabian Machinery and Heavy Equipment Company, Al Badie Group (ABG), Paramount Leasing & Car Rental LLC, Budget, Barloworld South Africa (PTY) Ltd, Bidvest Car Rental (PTY) Ltd, Car Hire Brokers (PTY) Ltd, CMH Car Hire (PTY) Ltd, Gage Car Rental (PTY) Ltd, Imperial Vehicles, Unitrans Automotive (Pty) Ltd

View the full leasing market report here:
Leasing Market Report 2025

Global Leasing Market - Regional Insights:
Asia-Pacific was the largest region in the leasing market in 2024. North America was the second-largest region in leasing market. The regions covered in the leasing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Contact Us:

The Business Research Company

Market Research Reports

Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267

Email: info@tbrc.info


Follow Us On:

LinkedIn: The Business Research Company | LinkedIn