Leasing Market Trends, Market Share, Industry Size, Opportunities, Analysis and Forecast to 2030
The Business Research Company’s latest report Leasing Global Market Report 2020 covers Leasing market drivers, Leasing market trends, Leasing market segments, Leasing market growth rate, Leasing market major players, and Leasing market size. The report provides in-depth analysis of the impact of COVID-19 on the Leasing industry, along with revised market numbers due to the effects of the coronavirus.
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Leasing Global Market Report 2020 is the most comprehensive report
available on this market and will help gain a truly global perspective as it
covers 60 geographies. The chapter on the impact of COVID-19 gives valuable
insights on supply chain disruptions, logistical challenges, and other economic
implications of the virus on the market. The chapter also covers markets which
have been positively affected by the pandemic.
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The global leasing market is expected to
grow from $1398.5 billion in 2019 to $1415.3 billion in 2020 at a compound
annual growth rate (CAGR) of 1.2%. The low growth is mainly due to economic
slowdown across countries owing to the COVID-19 outbreak and the measures to
contain it. The market is then expected to recover and grow at a CAGR of 8%
from 2021 and reach $1776 billion in 2023.
The global leasing market is segmented by
type into automotive equipment leasing, consumer goods and general rental
centers, machinery leasing, lessors of nonfinancial intangible assets, by mode
into online, offline. Subsegments covered are passenger car rental, passenger
car leasing, truck, utility trailer, and RV (recreational vehicle) rental and
leasing, consumer goods rental, general rental centers, heavy construction
machinery rental, commercial air, rail, and water transportation equipment
rental, mining, oil and gas, and forestry machinery and equipment rental,
office machinery and equipment rental, other commercial and industrial
machinery and equipment rental, oil royalty companies, patent owners and
lessors.
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