Edison, NJ -- (SBWire) -- 03/09/2022 --Advance Market Analytics published a new research publication on "Truck Rental and Leasing Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Truck Rental and Leasing market was mainly driven by the increasing R&D spending across the world.

Some of the key players profiled in the study 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), NIPPON RENT-A-CAR (Japan).

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Scope of the Report of Truck Rental and Leasing
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.

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.

"Federal Motor Carrier Safety Administration (FMCSA) announces its decision to grant the Truck Renting and Leasing Association (TRALA) a limited exemption from the requirement to use an electronic logging device (ELD) to record the driver's hours-of-service (HOS) no later than December 18, 2017."

The titled segments and sub-section of the market are illuminated below:
by Type (Light Duty Trucks, Medium Duty Trucks, Heavy Duty Trucks), Application (Personal Leasing, Enterprise Leasing)

Market Trends:
Adoption of Telematics Services, Owing to Real-time Information among Others
The Logistics Sharing Concept is One of the Biggest Trend

Opportunities:
Increasing Production of Truck & Commercial Vehicles in both Developed and Developing Economies
Growth in the Global Economy

Market Drivers:
The Growth of Urban Logistics Concept across the World
Adoption of Digitalization, Biggest Driver of Change in the Truck Rental and Leasing Market

Roadblocks:
Tighter Exhaust Gas Regulations and Access Restrictions for Diesel Vehicles, Especially in Large Cities of Developed Nations

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Truck Rental and Leasing Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Truck Rental and Leasing market
Chapter 2: Exclusive Summary – the basic information of the Truck Rental and Leasing Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Truck Rental and Leasing
Chapter 4: Presenting the Truck Rental and Leasing Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Truck Rental and Leasing market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Truck Rental and Leasing Market is a valuable source of guidance for individuals and companies.

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