Vehicle leasing solves several challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. To keep focus on their core products and services, businesses have to outsource support activities related to mobility, ranging from fleet purchasing to remarketing. Without an expert team on the job, each segment of the value chain faces challenges, such as cost spikes, utilization mismatches, irregularities in fleet maintenance, and dips in residual value. Leasing enables hassle-free on-demand mobility and provides access to fleet after-service facilities, in addition to a host of other benefits. The high demand for these services and facilities has driven the growth and regulation of the leasing ecosystem.
This study examines the European leasing market across the passenger vehicle (PV) and light commercial vehicle (LCV) segments and provides sales/parc data and revenues for the total market, corporate operational leasing, private operational leasing, fleet management, and rental segments, with focus on the development and growth potential of these segments. The analysis accounts for historical data, current market conditions, and insights and opinions collected from market participants to provide a 4-year outlook on growth opportunities. In addition to market data for portfolios (PV and LCV), the study provides competitor data for the leading leasing service providers in Europe for 2021, the base year.
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