About Financial Leasing Services
Financial Leasing is a substitute service for financing by a licensed leasing company known as the Lessor, who purchases an asset on behalf of their customer called as Lessee, in arrival for a contractually agreed series of payments that usually contain a certain amount of interest. The lessor maintains possession of the asset through the lessee gets various benefits for the use of the asset for the duration of the lease agreement.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on the production technologies, efficiency enhancement, and product life. There is a various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Financial Leasing Services market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
China Merchants Bank (CMB Financial Leasing Co Ltd.) (China), General Motors Financial Company, Inc. (United States), BNP Paribas Leasing Solutions (United Kingdom), Banc of America Leasing & Capital LLC (United States), Wells Fargo Equipment Finance (United States), Minsheng Financial Leasing Co., Ltd. (China) and Sumitomo Mitsui Finance and Leasing Company (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are BOC Aviation Limited (Singapore) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Financial Leasing Services market by Type (Capital Lease, Operating Lease and Others), Application (Personal and Commercial) and Region.
On the basis of geography, the market of Financial Leasing Services has been segmented into 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). If we see Market by Industry Verticals, the sub-segment i.e. Automotive will boost the Financial Leasing Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Market Competencies and Increasing Urbanization and Growing Infrastructure in Developing Countries
Market Growth Drivers:
Increasing Competition in the Market and Growing Mandate from IT Firms for Getting Complete Solutions and Services
Challenges:
Data Safety Related Risks High Involvement of Lease Administration Software
Restraints:
Stringent Regulatory Standards on Lease Administration
Opportunities:
Continuous technological Development and The Rise in Consumer Awareness
Market Leaders and their expansionary development strategies
In August 2023, Mobilize Financial Services announced the acquisition of a stake in SELECT CAR LEASING and the launch of SELECT LEASE by MOBILIZE, a new brand operating on the car leasing market in the UK.
In November 2023, Meridian Leasing Launched Range of Flexible Equipment Financing Options. The new TrueFlex Finance line aims to provide complete flexibility to organizations of all sizes and industries, allowing customers to customize their equipment financing and acquisition strategies to suit their specific needs.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Financial Leasing Service Providers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.