Market Highlights:
The Growth of urbanization is fundamentally transforming concepts for supplying urban areas, owing to distribution centres are being moved ever closer to urban areas. Of late, increasing E-commerce has generated double-digit growth rates for parcel service providers across the world. Moreover, an unsurprising consequence is that connected transport logistics are changing. Ever larger hubs are emerging and these are moving closer to the growing conurbations globally. The market study is being classified by Type (Light Duty Trucks, Medium Duty Trucks and Heavy Duty Trucks), by Application (Personal Leasing and Enterprise Leasing) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Truck Rental and Leasing are Paccar Inc. (United States), Penske Corporation (United States), Ryder System, Inc. (United States), The Larson Group (United States), Mendon Trucks Leasing and Rental (United States), Kris-Way Truck Leasing (United States), TEC Equipment, Inc (United States), DeCarolis Truck Rental, Inc (United States), PEMA GmbH (Germany), Hertz (United States), Thrifty (United States), Europcar (France), Avis (United States), Idealease Inc (United States) and NIPPON RENT-A-CAR (Japan).

In August 2019, Penske truck leasing opens new facility in west phoenix, with a state-of-art facility. This is the largest facility Penske has built to date.

Key Questions Answered in the Report
What will the Truck Rental and Leasing Market size and the growth rate be in Future?
What are the key factors driving the Truck Rental and Leasing Market?
What are the key market trends and macro-economic impacting the growth of the Truck Rental and Leasing Market?
What are the challenges to market growth?
Who are the key vendors in the Truck Rental and Leasing Market?
What are the market opportunities and threats faced by the vendors in the Truck Rental and Leasing Market?
Trending factors influencing the market shares of the Manufacturers.
What are the key outcomes of the five forces analysis of the Truck Rental and Leasing Market?

Refer complete Table of Content of Truck Rental and Leasing Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Truck Rental and Leasing market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Truck Rental and Leasing market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Truck Rental and Leasing Service Providers, Truck Manufacturing Companies, Government and Private Organisation, End-User and Others.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.