PUBLISHER: The Business Research Company | PRODUCT CODE: 1988752
PUBLISHER: The Business Research Company | PRODUCT CODE: 1988752
Automotive equipment leasing involves businesses acquiring automotive equipment for temporary use through rental or leasing arrangements, with periodic contractual payments. This approach offers advantages such as mitigating the risk of equipment obsolescence, providing a convenient source of financing, offering tax benefits, and incurring lower maintenance costs.
The primary categories of automotive equipment leasing encompass passenger car rental, passenger car leasing, as well as truck, utility trailer, and RV (recreational vehicle) rental and leasing. The passenger car rental segment includes businesses that rent or lease passenger vehicles to customers, either with or without drivers. These services can be accessed through various channels, such as online or offline, and involve different types of leases, including closed-ended leases, option to buy leases, sub-vented leases, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the automotive equipment leasing market by increasing import costs of vehicles, spare parts, and leasing fleet acquisition, which raises leasing prices and operational expenses for service providers. Regions dependent on imported automotive fleets such as north america, europe, and asia pacific face stronger tariff pressure across passenger cars, commercial vehicles, and specialty vehicle leasing segments. However, tariffs are also driving domestic vehicle sourcing, encouraging regional fleet procurement, and supporting local automotive industry growth.
The automotive equipment leasing market research report is one of a series of new reports from The Business Research Company that provides automotive equipment leasing market statistics, including automotive equipment leasing industry global market size, regional shares, competitors with a automotive equipment leasing market share, detailed automotive equipment leasing market segments, market trends and opportunities, and any further data you may need to thrive in the automotive equipment leasing industry. This automotive equipment leasing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The automotive equipment leasing market size has grown rapidly in recent years. It will grow from $581.15 billion in 2025 to $644.25 billion in 2026 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to rising business mobility needs, increasing preference for financial flexibility, growing commercial vehicle demand, expansion of leasing service networks, rising awareness of operational cost benefits.
The automotive equipment leasing market size is expected to see rapid growth in the next few years. It will grow to $992.6 billion in 2030 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to growing corporate vehicle leasing adoption, increasing shift from ownership to leasing, rising demand for efficient fleet management, strengthening business cost optimization strategies, expanding rental and leasing service availability. Major trends in the forecast period include rising preference for flexible vehicle usage models, growing adoption of leasing over ownership in businesses, increasing demand for cost effective automotive access solutions, expansion of corporate and commercial vehicle leasing services, strengthening focus on reducing financial burden of vehicle purchase.
The rising demand within the automotive sector is anticipated to drive the growth of the automotive equipment leasing market in the coming years. The automotive sector, also referred to as the automobile or automotive industry, includes a broad range of activities related to the design, manufacturing, marketing, sales, and maintenance of motor vehicles. Growth in the automotive sector is closely linked to the expansion of the automotive equipment leasing market, as leasing offers businesses a cost-effective solution for acquiring and maintaining vehicles and equipment required to operate efficiently and scale their operations. For example, in February 2024, according to a report released by the Society of Motor Manufacturers and Traders, a UK-based trade association, used car transactions in the UK increased by 5.1% in 2023, with 7,242,692 vehicles changing ownership, while battery electric vehicle sales surged by 90.9% to 118,973 units, although they represented only 1.6% of the total market, supported by improved supply from the new car segment. Therefore, the growing demand in the automotive sector is contributing to the expansion of the automotive equipment leasing market.
Major companies in the automotive equipment leasing market are focusing on developing technological advancements, such as financing and lease programs, to improve efficiency and address evolving customer needs. Financing programs offer loans or credit to purchase goods or services, with specific repayment terms, while lease programs provide the use of assets for a set period in exchange for regular payments, without ownership until the lease concludes. For example, in January 2024, Morrico Equipment, a US-based sales and rental company, launched a heavy equipment financing and lease program. These programs enable businesses to acquire essential machinery while preserving cash reserves for other operational needs. With flexible payment options and potential tax benefits, they enhance cash flow management and mitigate financial risks. Ultimately, they provide access to modern equipment, fostering growth and improving operational efficiency across various industries.
In May 2025, Pacific Equity Partners Pty Limited, an Australia-based private equity investment firm, acquired SG Fleet Group Ltd for an undisclosed amount. Through this acquisition, Pacific Equity Partners sought to expand and strengthen its footprint in the automotive fleet leasing and mobility solutions market by gaining control of a leading fleet leasing provider operating in Australia, New Zealand, and the United Kingdom. SG Fleet Group Ltd is an Australia-based integrated mobility, fleet management, and vehicle leasing company that offers comprehensive services, including corporate vehicle leasing, novated leasing, and mobility solutions for corporate, government, and employee clients.
Major companies operating in the automotive equipment leasing market report are Enterprise Holdings Inc., Daimler AG, LeasePlan Corporation NV, Ford Motor Co, Avis Budget Group Inc., Hertz Global Holdings Inc., ALD Automotive, Penske Truck Leasing, Ryder System Inc., Toyota Financial Services Corporation, Blueline Rental LLC, Europcar Mobility Group, Sixt SE, Budget Rent A Car System Inc., National Car Rental, Thrifty Car Rental, Dollar Rent A Car Inc., Advantage Rent A Car, Zipcar Inc., Car2Go Logistics Private Limited, Turo Inc., Getaround Inc., Silvercar Inc., Maven, Car Next Door, GoGet Carshare.
Western Europe was the largest region in the automotive equipment leasing market in 2025. Asia-Pacific was the second-largest region in the automotive equipment leasing market. The regions covered in the automotive equipment leasing market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive equipment leasing market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The automotive equipment leasing market consists of revenues earned by entities that provide passenger cars and trucks/vans, utility trailers, and recreational vehicles (RVs) without drivers. These establishments generally operate a retail store-like facility for automotive equipment renting and leasing. Some automotive equipment rental and leasing companies offer short-term rental or long-term leases, while others provide both types of services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Automotive Equipment Leasing Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses automotive equipment leasing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for automotive equipment leasing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The automotive equipment leasing market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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