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ALD Automotive, BNP Paribas SA and Ford Motor Credit hold a significant market share of over 11% in the car leasing industry. ALD Automotive, a global leader in fleet management and vehicle leasing, leverages its extensive expertise and wide-ranging services to cater to both corporate and individual clients.
BNP Paribas SA, a prominent banking institution, has a strong foothold in the car leasing sector, offering tailored leasing solutions, and financing options to customers worldwide. Ford Motor Credit, the financial services arm of Ford Motor Company, plays a pivotal role in facilitating vehicle leasing for customers purchasing Ford vehicles, providing competitive rates and flexible terms.
Major companies operating in the car leasing industry are:
Some of the top car leasing companies are Enterprise Holdings, Inc., United Leasing, Inc., Element Fleet Management Corp., Wilmar Inc., Caldwell Leasing, Ewald Automotive Group, and ALD Automotive.
North America market generated USD 32.5 billion in revenue in 2023, attributed to the thriving automotive sector, high consumer awareness, and the strong inclination toward flexible mobility solutions in the region.
The sedan segment accounted for around 30% revenue share in 2023, owing to the evolving consumer preferences for flexible mobility solutions.
The market size of car leasing reached USD 107.8 billion in 2023 and is set to witness 5% CAGR from 2024 to 2032, attributed to the escalating environmental concerns and regulations globally.