Global Enterprise Asset Leasing Market Overview:
An enterprise asset lease is an agreement whereby, one party, the lease giver grant rights to the opposite party, the lessee to use capital product or alternative assets like utility vehicle, industrial instrumentality, medical & IT software package for skilled purpose against sure periodic payments. The Renter conjointly has the choice to amass the possession of the quality when the lease is over. The growing demand due to cash flow requirement for fast lifestyle with changing lifestyle choices is reason for growth of the enterprise asset leasing.
As per latest study released by AMA Research, the Global Enterprise Asset Leasing market is expected to see growth rate of 13.0%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Enhancement in Leasing System and Integration of IoT and Artificial Intelligence for Contracts and Data Management Improving Decision Making Quality of Leasing Firm
Market Growth Drivers:
Rise in Demand for Leasing the Assets for cash Flow and Liquidity Purpose High Profitability, Tax Benefits, And Inflation Friendly and Secure Investments
Challenges:
Debt from Borrowers and High Cost of the to be Leased Asset.
Restraints:
Maintenance and Replacement for Leased Asset
Opportunities:
Rise in Acquisition of The Movable Capital Equipment with Less Capital Investment Without Facing the Risk of Purchasing
Competitive Landscape:
The global market for Enterprise Asset Leasing is fragmented by the global players owing to the cost savings and equipment ownership without higher initial costs. The enhancement in leasing systems and data tracking for more sustainable financial decisions by leasing companies should be applied and acted upon by key players for grabbing market share.
Some of the key players profiled in the report are BNP Paribas Leasing Solutions (United Kingdom), Bohai Leasing Co. Ltd. (China), Docuformas (Mexico), GENERAL ELECTRIC (United States), Hitachi Capital (UK) PLC (United Kingdom), ICBC Leasing Co. Ltd. (China), Lombard North Central plc (United Kingdom) and Orix Leasing & Financial Services India Limited (India). Additionally, following companies can also be profiled that are part of our coverage like SocieteGenerale Equipment Finance (France) and White Oak (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Enterprise Asset Leasing market by 2030. Considering Market by Leasing Type, the sub-segment i.e. Operating Lease will boost the Enterprise Asset Leasing market. Considering Market by Enterprise Size, the sub-segment i.e. Large Enterprises will boost the Enterprise Asset Leasing market. Considering Market by Industry Vertical, the sub-segment i.e. Transportation & Logistics will boost the Enterprise Asset Leasing market. Considering Market by Asset Type, the sub-segment i.e. Commercial Vehicles will boost the Enterprise Asset Leasing market.
Latest Market Insights:
In 2020, Mitsubishi UFJ Lease & Finance Company Limited and Hitachi Capital Corporation merged for financial activities. This Merger will create sustainable social value by operating an advanced asset business beyond the leasing business framework.
In March 2021, Enrich Software Corp., a provider of enterprise fleet asset management solutions, and Volvo and Mack Leasing Systems recently announced a new agreement that calls for the use of Enrich software to oversee the corporate Volvo and Mack leased fleet in North America.
What Can be Explored with the Enterprise Asset Leasing Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Enterprise Asset Leasing Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Enterprise Asset Leasing
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Enterprise Asset 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 Enterprise Asset 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 Enterprise Asset Leasing Provider, Private Banks, End User and Others.
This helps us to gather the data related to 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, USPTO, EPO, Annual reports, press releases etc.