Car Leasing Market Demand, Size Analysis and Business Opportunities 2034
Car Leasing Market Growth, Size, Trends Analysis - By Vehicle Type, By Lease Type, By Propulsion, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Aug-2025 | Report ID: AMIN2562 | Pages: 1 - 254 | Formats*: |
| Category : Automotive & Transportation | |||
Car Leasing Market Introduction and Overview
According to SPER Market Research, the Global Car Leasing Market is estimated to reach USD 189.66 billion by 2034 with a CAGR of 5.27%.
The report includes an in-depth analysis of the Global Car Leasing Market, including market size and trends, product mix, Applications, and supplier analysis. The Car Leasing Market was valued at USD 113.48 billion in 2024 and is projected to experience a CAGR exceeding 5.27% from 2025 to 2034. The collaboration between automobile manufacturers and leasing companies is driving growth in the car leasing industry by providing attractive lease options, thus improving the accessibility of their vehicles. This partnership allows automakers to broaden their market reach, highlight their latest models, and respond to changing consumer preferences.
By Vehicle Type Insights
The market is categorized based on vehicle type into hatchback, sedan, SUV, and crossover. In 2024, the sedan segment represented the largest share of the market. A noticeable change in the car leasing environment relates to the shifting demand for sedans. Although SUVs and crossovers are gaining popularity, sedans are witnessing a revival in leasing preferences. This revival is fueled by factors such as innovations in sedan design, enhanced fuel efficiency, and attractive leasing deals from manufacturers. Consumers are increasingly leaning towards sedans for their practicality, comfort, and cost-effectiveness, indicating a subtle change in leasing preferences within the automotive industry.
By Propulsion Insights
The car leasing market is also classified based on propulsion into ICE and electric vehicles. The ICE segment maintained the largest market share in 2024, attributed to the extensive availability of ICE vehicles, the established infrastructure for gasoline refueling, and the familiarity and dependability of traditional combustion engine technology among consumers. ICE vehicles typically provide a wider range of models, from compact cars to SUVs, accommodating various needs and preferences. Furthermore, the reliability and familiarity of ICE technology enhance consumer confidence, as many drivers are well-acquainted with the performance and maintenance demands of conventional combustion engines.
Regional Insights
North America dominated the car leasing market in 2024. There is a notable increase in demand for flexible leasing options within the non-luxury vehicle segments in North America. Consumers are focusing on affordability and practicality, choosing shorter lease terms and customizable plans. This trend signifies a movement towards greater accessibility and convenience in leasing options throughout the region.
Market Competitive Landscape
ALD Automotive, BNP Paribas SA, and Ford Motor Credit possess a substantial share of the car leasing market. ALD Automotive, recognized as a global leader in fleet management and vehicle leasing, utilizes its vast experience and comprehensive services to serve both corporate and individual clients. BNP Paribas SA, a leading banking entity, maintains a strong presence in the car leasing market, delivering customized leasing solutions and financing options to customers around the globe.
Recent Developments:
- In July 2024, Ayvens Group and BYD Company signed a Memorandum of Understanding to distribute electric passenger cars and light commercial vehicles in Europe. They aim to provide electric vehicle fleet solutions, advisory services, and operational leases to local and international corporate customers.
- In June 2023, the MG brand of SAIC launched a new electric vehicle (EV) leasing option in France, enabling drivers to lease an EV for USD 107 each month. This initiative stems from a partnership with Credit Agricole Consumer Finance, MG Motor's banking collaborator in France.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Vehicle Type, By Lease Type, By Propulsion, By End User |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | ALD Automotive, Ally Financial, Avis Budget Group, BNP Paribas SA, Chase Auto Finance, Deutsche Leasing AG, Ford Motor Credit. |
Key Topics Covered in the Report
- Global Car Leasing Market Size (FY’2021-FY’2034)
- Overview of Global Car Leasing Market
- Segmentation of Global Car Leasing Market By Vehicle Type (Hatchback, Sedan, SUV, Crossover)
- Segmentation of Global Car Leasing Market By Lease Type (Open-ended, Close-ended)
- Segmentation of Global Car Leasing Market By Propulsion (ICE, Electric)
- Segmentation of Global Car Leasing Market By End User (Commercial, Individual)
- Statistical Snap of Global Car Leasing Market
- Expansion Analysis of Global Car Leasing Market
- Problems and Obstacles in Global Car Leasing Market
- Competitive Landscape in the Global Car Leasing Market
- Details on Current Investment in Global Car Leasing Market
- Competitive Analysis of Global Car Leasing Market
- Prominent Players in the Global Car Leasing Market
- SWOT Analysis of Global Car Leasing Market
- Global Car Leasing Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Car Leasing Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Car Leasing Market
7. Global Car Leasing Market, By Vehicle Type (USD Million) 2021-2034
- 7.1. Hatchback
- 7.2. Sedan
- 7.3. SUV
- 7.4. Crossover
8. Global Car Leasing Market, By Lease Type (USD Million) 2021-2034
- 8.1. Open-ended
- 8.2. Close-ended
9. Global Car Leasing Market, By Propulsion (USD Million) 2021-2034
- 9.1. ICE
- 9.2. Electric
10. Global Car Leasing Market, By End User (USD Million) 2021-2034
- 10.1. Commercial
- 10.2. Individual
11. Global Car Leasing Market, (USD Million) 2021-2034
- 11.1. Global Car Leasing Market Size and Market Share
12. Global Car Leasing Market, By Region, (USD Million) 2021-2034
- 12.1. Asia-Pacific
- 12.1.1. Australia
- 12.1.2. China
- 12.1.3. India
- 12.1.4. Japan
- 12.1.5. South Korea
- 12.1.6. Rest of Asia-Pacific
- 12.2. Europe
- 12.2.1. France
- 12.2.2. Germany
- 12.2.3. Italy
- 12.2.4. Spain
- 12.2.5. United Kingdom
- 12.2.6. Rest of Europe
- 12.3. Middle East and Africa
- 12.3.1. Kingdom of Saudi Arabia
- 12.3.2. United Arab Emirates
- 12.3.3. Qatar
- 12.3.4. South Africa
- 12.3.5. Egypt
- 12.3.6. Morocco
- 12.3.7. Nigeria
- 12.3.8. Rest of Middle-East and Africa
- 12.4. North America
- 12.4.1. Canada
- 12.4.2. Mexico
- 12.4.3. United States
- 12.5. Latin America
- 12.5.1. Argentina
- 12.5.2. Brazil
- 12.5.3. Rest of Latin America
13. Company Profile
- 13.1. ALD Automotive
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
- 13.2. Ally Financial
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
- 13.3. Avis Budget Group
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
- 13.4. BNP Paribas SA
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
- 13.5. Chase Auto Finance
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
- 13.6. Deutsche Leasing AG
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
- 13.7. Ford Motor Credit
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
- 13.8. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Car Leasing Market size is USD 189.66 billion from 2025 to 2034.
Car Leasing Market is covered By Vehicle Type, By Lease Type, By Propulsion, By End User
North America is anticipated to have the highest Market share in the Car Leasing Market.
ALD Automotive, Ally Financial, Avis Budget Group, BNP Paribas SA, Chase Auto Finance, Deutsche Leasing AG, Ford Motor Credit.
The report includes an in-depth analysis of the Global Car Leasing Market, including market size and trends, product mix, Applications, and supplier analysis
Car Leasing Market is projected to reach USD 189.66 billion by 2034, growing at a CAGR of 5.27% during the forecast period.
Car Leasing Market grew in Market size from 2025. The Market is expected to reach USD 189.66 billion by 2034, at a CAGR of 5.27% during the forecast period.
Car Leasing Market CAGR of 5.27% during the forecast period.
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