Automotive Financing Market in Europe 2024-2028

Description

List of Tables

The automotive financing market in Europe is forecasted to grow by USD 6.14 bn during 2023-2028, accelerating at a CAGR of 4.43% during the forecast period. The report on the automotive financing market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in cab service financing, digitization of automotive financing, and rising demand for luxury vehicles.

Technavio's automotive financing market in Europe is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	2.95%
CAGR	4.43%
Incremental Value	$6.14bn

By Application

Used vehicle
New vehicle

By Type

Passenger vehicle
Commercial vehicle

This study identifies the rise in demand for EVs as one of the prime reasons driving the automotive financing market in Europe growth during the next few years. Also, the growing demand for vehicle financing from SMEs and the integration of blockchain technology with automotive financing will lead to sizable demand in the market.

The report on the automotive financing market in Europe covers the following areas:

Automotive financing market in Europe sizing
Automotive financing market in Europe forecast
Automotive financing market in Europe industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive financing market in Europe vendors that include ALPHERA Financial Services, Banco Santander SA, Bank of America Corp., Bayerische Motoren Werke AG, Blue Motor Finance Ltd., Capital One Financial Corp., Credit Agricole SA, ESKA Finance s.r.o., First Response Finance Ltd., Ford Motor Co., Honda Motor Co. Ltd., JPMorgan Chase and Co., Mercedes Benz Group AG, NatWest Group plc, Porsche Automobil Holding SE, Startline Motor Finance Ltd., Sumitomo Corp., Toyota Motor Corp., and Wells Fargo and Co.. Also, the automotive financing market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77635

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Automotive financing market in Europe 2018 - 2022
4.2 Application Segment Analysis 2018 - 2022
4.3 Type Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Application

6.1 Market segments
6.2 Comparison by Application
6.3 Used vehicle - Market size and forecast 2023-2028
6.4 New vehicle - Market size and forecast 2023-2028
6.5 Market opportunity by Application

7 Market Segmentation by Type

7.1 Market segments
7.2 Comparison by Type
7.3 Passenger vehicle - Market size and forecast 2023-2028
7.4 Commercial vehicle - Market size and forecast 2023-2028
7.5 Market opportunity by Type

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 Germany - Market size and forecast 2023-2028
9.4 UK - Market size and forecast 2023-2028
9.5 France - Market size and forecast 2023-2028
9.6 Italy - Market size and forecast 2023-2028
9.7 Rest of Europe - Market size and forecast 2023-2028
9.8 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Banco Santander SA
12.4 Bank of America Corp.
12.5 Bayerische Motoren Werke AG
12.6 Blue Motor Finance Ltd.
12.7 Capital One Financial Corp.
12.8 Credit Agricole SA
12.9 ESKA Finance s.r.o.
12.10 Ford Motor Co.
12.11 Honda Motor Co. Ltd.
12.12 JPMorgan Chase and Co.
12.13 Mercedes Benz Group AG
12.14 NatWest Group plc
12.15 Porsche Automobil Holding SE
12.16 Toyota Motor Corp.
12.17 Wells Fargo and Co.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations