The Business Research Company’s latest report Automotive Equipment Leasing Market Report 2020 covers Automotive Equipment Leasing market drivers, Automotive Equipment Leasing market trends, Automotive Equipment Leasing market segments, Automotive Equipment Leasing market growth rate, Automotive Equipment Leasing market major players, and Automotive Equipment Leasing market size. The report provides in-depth analysis of the impact of COVID-19 on the Automotive Equipment Leasing industry, along with revised market numbers due to the effects of the coronavirus.
Automotive Equipment Leasing Market Report 2020 is the most comprehensive report available on this market and will help gain a truly 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 automotive equipment leasing market is expected to grow from $367 billion in 2019 to $374 billion in 2020 at a compound annual growth rate (CAGR) of 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 9% from 2021 and reach $476.4 billion in 2023.
The report covers the Automotive Equipment Leasing market’s segments-
1) By Type: Passenger Car Rental, Passenger Car Leasing, Truck, Utility Trailer, And RV (Recreational Vehicle) Rental And Leasing
2) By Mode: Online, Offline.
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