Report forecast the fleet car
leasing market in the US to grow at a CAGR of 4.16% over the period 2014-2019.
Leasing refers to financing an
asset to meet a client's specific need. Car leasing is a system of using a new
or used car by paying for a specified period of time. It is similar to renting
a car, but for a longer time period. There are two parties involved in leasing
a car: lessee (one who pays) and lessor (the owner of the asset who takes the
payment).
Car leasing can be classified into
two types: operating lease and financial lease. Operating leases are short-term
leases, wherein the lessee pays the lessor the rental for the period during
which the vehicle is on lease. Financial leasing refers to the lease
arrangement wherein the lessee indicates their choice of asset and the lessor
purchases the asset on their behalf. The lessee repays the cost of the vehicle
in monthly instalments. Car leasing is usually available from the following
sources: captive finance companies, commercial banks, credit unions, and
independent leasing companies.
The fleet car leasing market in the
US is segmented based on the types of lease and end-users.
Fleet Car Leasing Market in the US
2015-2019, has been prepared based on an in-depth market analysis with inputs
from industry experts. It covers the market landscape and its growth prospects
in the coming years. The report also includes a discussion of the key vendors
operating in this market.
According to the report, most car
purchasers use a specific car model for a few years, but with constant
innovation in the automobile industry, there is an urge to stay updated with
new models with improved safety features, fuel economy, and navigation systems.
For instance, the DOT is working on guidelines to enable V2V systems that
facilitate communication between two vehicles and that connect to cities for
safety and better traffic, becoming a choice for many people. Leasing provides
this opportunity to the lessee, to terminate the lease whenever required, to
obtain a model with the latest technology.
Key players in the Fleet Car
Leasing Market in the US: EF Education First, Disney, Wall Street English,
Global Education and Technology Group and New Oriental Education and Technology
Group
Other Prominent Vendors in the
market are: ALD Automotive, Arval, ExpatRide, LeasePlan and Sixt Group
Market Driver
- Easy Replacement of Cars
- For a full, detailed list, view our report
Market Challenge
- Stringent Government Regulations
- For a full, detailed list, view our report
Market Trend
- Emergence of Captive Finance Companies
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2018 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 the key 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?
Spanning over 65
pages, “Car
Fleet Leasing Market in the US: Market demand and forecast 2015-2019” report
covers Executive Summary, List of Abbreviations, Scope of the Report, Market
Research Methodology, Introduction, US: Country Overview, Market Landscape,
Market Segmentation by Type of Lease, Market Segmentation by End-user, Key
Leading States, Buying Criteria, Market Growth Drivers, Drivers and their
Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends,
Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For
further information on this report, please visit-
http://mrr.cm/4ba
Find all Auto
Rental, Leasing and Fleet Management Reports at: http://www.marketresearchreports.com/auto-rental-leasing-fleet-management
No comments:
Post a Comment