Top 35 Companies in Global Vehicle Leasing Market (2025–2035): Competitive Analysis and Forecast
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Vehicle Leasing Market Size is projected to Grow from USD 486.04 Billion in 2024 to USD 952.94 Billion by 2035, at a CAGR of 6.31% during the forecast period 2025–2035. The global vehicle leasing market has grown significantly due to factors such as the growing demand for cost-effective mobility, rising vehicle ownership costs, and technological advancements.
Introduction
The Global Vehicle Leasing Market Size refers to the process of hiring vehicles, including cars, trucks, and commercial fleets, to individuals or organizations for a defined period in exchange for periodic payments. This model is widely adopted by businesses and consumers who seek mobility without the financial burden of outright ownership. Vehicle leasing offers flexibility, lower upfront costs, access to newer models, and options to upgrade vehicles at the end of the lease term. The industry has expanded significantly owing to increased demand for low-cost transportation, corporate fleet growth, the development of shared mobility services, and improvements in vehicle technology, notably electric cars (EVs). Leasing allows businesses to maintain contemporary, efficient fleets without incurring big capital expenditures, while providing consumers with inexpensive and flexible mobility options. Additional services, such as maintenance, insurance, and variable contract periods, have increased usage. Key market trends include technological integration, electric vehicle usage, and the emergence of automotive subscription models. Similarly, the aircraft leasing market follows a similar strategy, allowing airlines to run contemporary fleets without requiring large upfront investments, hence promoting flexibility and cost efficiency in airline operations.
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Vehicle Leasing Market Size & Statistics
- The Market Size for Vehicle Leasing Was Estimated to be worth USD 486.04 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 6.31% between 2025 and 2035.
- The Global Vehicle Leasing Market Size is anticipated to reach USD 952.94 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Vehicle Leasing Market
- Asia Pacific is expected to grow at a rapid CAGR during the forecast period in the Vehicle Leasing Market.
Regional growth and demand
Asia Pacific is expected to grow rapidly during the forecast period in the vehicle leasing market. Asia Pacific is expected to grow rapidly due to rapid urbanization, rising disposable incomes, expanding corporate fleets, increasing adoption of electric vehicles, and growing preference for flexible, cost-effective mobility solutions among businesses and individual consumers.
North America is expected to generate the highest demand during the forecast period in the vehicle leasing market. North America is expected to generate the highest demand due to its mature automotive market, well-established corporate leasing infrastructure, high consumer preference for flexible mobility solutions, widespread adoption of electric and hybrid vehicles, and strong presence of leading vehicle leasing companies.
Top 10 Trends in the Vehicle Leasing Marke
- Rise of Electric Vehicle (EV) Leasing
- Flexible Subscription-Based Models
- Digitalization of Leasing Platforms
- Integration of Advanced Technology
- Focus on Sustainability
- Impact of the Used Car Market
- Personalized Leasing Solutions
- Growth of Mobility-as-a-Service (MaaS)
- Increased Demand from Startups
- Emergence of Autonomous Vehicles (AVs)
1. Rise of Electric Vehicle (EV) Leasing
The increased use of electric and hybrid vehicles is fueling leasing demand, as individuals and companies desire to have access to environmentally friendly vehicles without having to pay a large upfront fee. Leasing EVs enables businesses to manage fleet updates as technology advances.
2. Flexible Subscription-Based Models
Subscription services provide clients more flexibility than traditional leasing, allowing them to transfer vehicles, pay a single monthly price that includes insurance and maintenance, and access short-term mobility solutions suited to their specific needs.
3. Digitalization of Leasing Platforms
Online platforms and smartphone apps streamline the leasing process by enabling digital applications, rapid approvals, online payments, and real-time fleet monitoring, making it more convenient for both consumers and corporate customers.
4. Integration of Advanced Technology
Telematics, AI-based route optimization, predictive maintenance, and linked vehicle technologies boost operational efficiency, cut expenses, and enhance the entire leasing experience for fleet managers and individuals.
5. Focus on Sustainability
Leasing firms are increasingly focusing eco-friendly practices, such as supplying electric cars, encouraging green fleet management, and supporting carbon-neutral operations, in line with global environmental goals and consumer preferences.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the vehicle leasing market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 25 Companies Leading the Vehicle Leasing Market
- Enterprise
- Hertz
- Avis Budget
- ALD Automotive
- Arval
- Sixt
- Europcar
- Localiza
- Unidas
- CAR Inc.
- Shouqi Zuche
- Goldca
- Movida
- Fox Rent A Car
- Ehi Car Services
- U-Save
- Yestock Car Rental
- LeasePlan Corporation N.V.
- Element Fleet Management
- ALD Automotive (BNP Paribas)
- Toyota Financial Services
- Mitsubishi HC Capital
- Volkswagen Financial Services
- Santander Consumer USA
- BMW Financial Services
1. Enterprise
Headquarters: St. Louis, Missouri, USA
Enterprise, headquartered in St. Louis, Missouri, USA, is a global leader in car leasing and rental, offering fleet management, corporate leasing, and individual mobility solutions. The organization assists businesses in running cost-effective fleet operations and offers customizable leasing solutions for autos and commercial vehicles. Enterprise uses digital booking systems, telematics, and fleet optimization solutions to increase operational efficiency and customer satisfaction. Enterprise works in more than 90 countries, with a diversified client base that includes both people and corporations. Its focus on dependability, technology, and customer service positions it as a prominent participant in the worldwide car leasing business.
2. Hertz
Headquarters: Estero, Florida, USA
Hertz, headquartered in Estero, Florida, USA, is a global leader in car rental and leasing, offering business fleet leasing, individual vehicle leasing, and flexible mobility solutions. The firm contributes significantly to the global vehicle leasing industry by offering cost-effective, time-efficient, and technologically advanced fleet management services. Hertz uses digital platforms, telematics, and advanced fleet management solutions to maximize vehicle utilization, save operating costs, and improve customer experience. Hertz operates in around 150 countries globally, serving a diversified variety of clients, including enterprises and individual consumers, establishing itself as a prominent participant in the international car leasing and mobility sectors.
3. AVIS BUDGET
Headquarters: Parsippany, New Jersey, USA
Avis Budget Group, based in Parsippany, New Jersey, USA, offers global car leasing, rental, and fleet management solutions. The firm serves both corporate clients and private consumers, providing various leasing terms, maintenance services, and digital booking alternatives. Avis Budget uses technology and data-driven fleet management to streamline operations, cut costs, and improve the customer experience. With a significant presence in over 180 countries, the firm helps businesses manage fleets more effectively and provides consumers with inexpensive, flexible mobility options. Avis Budget continues to develop by concentrating on service quality, digitization, and sustainable transportation trends.
4. ALD Automotive
Headquarters: Paris, France
ALD Automotive, a BNP Paribas company, is a global supplier of car leasing and fleet management services with its headquarters in Paris, France. The firm focuses on corporate fleet solutions, including long-term leasing, maintenance, and telemetry services to improve fleet efficiency and save operational expenses. ALD Automotive uses technology, sustainable mobility alternatives, and digital platforms to offer flexible, dependable, and cost-effective leasing solutions. The company operates in over 43 countries and serves a wide spectrum of clients, assisting businesses in effectively managing vehicle fleets while remaining current with market trends and environmental objectives.
5. Arval
Headquarters: La Défense, France
Arval, a BNP Paribas company, is a prominent supplier of full-service car leasing and fleet management solutions for corporate clients, with its headquarters in La Défense, France. To increase efficiency and save operating costs, the organization provides long-term leasing, sustainable mobility solutions, telematics, and digital fleet management technologies. Arval specializes in offering adaptable, creative solutions that help businesses develop while maintaining contemporary, environmentally responsible fleets. With operations in more than 30 countries globally, the firm offers a varied customer base, helping businesses maximize fleet performance, adopt sustainable practices, and react to changing mobility trends within the global vehicle leasing industry.
Are you ready to discover more about the vehicle leasing market?
The report provides an in-depth analysis of the leading companies operating in the global vehicle leasing market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Enterprise
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Hertz
- AVIS BUDGET
- ALD Automotive
- Arval
- Sixt
- Europcar
- Localiza
- Unidas
- Others.
Conclusion
The Global Vehicle Leasing Market Size is experiencing robust growth, driven by increasing demand for flexible, cost-effective mobility solutions among businesses and individual consumers. The rise of electric vehicles, subscription-based leasing models, and digitalized platforms is reshaping fleet management and customer experience. Leasing allows organizations to maintain modern, efficient fleets without high capital expenditures while enabling individuals to access the latest vehicle models with minimal upfront costs. Technological advancements, sustainability initiatives, and strategic partnerships between leasing companies and automakers are further enhancing market adoption. Overall, the vehicle leasing market is poised for sustained growth, innovation, and transformation worldwide.
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