Market Research Reports, Inc. has announced the addition of “Car Fleet Leasing Market in the US: Market demand and forecast 2015-2019” research report to their website http://www.MarketResearchReports.com
Lewes, DE -- (SBWIRE) -- 07/06/2015 -- Report forecast the fleet car leasing market in the US to grow at a CAGR of 4.16% over the period 2014-2019.
Leasing refers to financing an asset to meet a client's specific need. Car leasing is a system of using a new or used car by paying for a specified period of time. It is similar to renting a car, but for a longer time period. There are two parties involved in leasing a car: lessee (one who pays) and lessor (the owner of the asset who takes the payment).
Car leasing can be classified into two types: operating lease and financial lease. Operating leases are short-term leases, wherein the lessee pays the lessor the rental for the period during which the vehicle is on lease. Financial leasing refers to the lease arrangement wherein the lessee indicates their choice of asset and the lessor purchases the asset on their behalf. The lessee repays the cost of the vehicle in monthly instalments. Car leasing is usually available from the following sources: captive finance companies, commercial banks, credit unions, and independent leasing companies.
The fleet car leasing market in the US is segmented based on the types of lease and end-users.
Fleet Car Leasing Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, most car purchasers use a specific car model for a few years, but with constant innovation in the automobile industry, there is an urge to stay updated with new models with improved safety features, fuel economy, and navigation systems. For instance, the DOT is working on guidelines to enable V2V systems that facilitate communication between two vehicles and that connect to cities for safety and better traffic, becoming a choice for many people. Leasing provides this opportunity to the lessee, to terminate the lease whenever required, to obtain a model with the latest technology.
Key players in the Fleet Car Leasing Market in the US: EF Education First, Disney, Wall Street English, Global Education and Technology Group and New Oriental Education and Technology Group
Other Prominent Vendors in the market are: ALD Automotive, Arval, ExpatRide, LeasePlan and Sixt Group
Market Driver
- Easy Replacement of Cars
- For a full, detailed list, view our report
Market Challenge
- Stringent Government Regulations
- For a full, detailed list, view our report
Market Trend
- Emergence of Captive Finance Companies
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 65 pages, "Car Fleet Leasing Market in the US: Market demand and forecast 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, US: Country Overview, Market Landscape, Market Segmentation by Type of Lease, Market Segmentation by End-user, Key Leading States, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/car-fleet-leasing-market-us-market-demand-and-forecast-2015-2019
Find all Auto Rental, Leasing and Fleet Management Reports at: http://www.marketresearchreports.com/auto-rental-leasing-fleet-management
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