The Business
Research Company’s latest report Automobile Rental and Leasing Global Market
Report 2020 covers Automobile Rental and Leasing market drivers, Automobile
Rental and Leasing market trends, Automobile Rental and Leasing market
segments, Automobile Rental and Leasing market growth rate, Automobile Rental
and Leasing market major players, and Automobile Rental and Leasing market
size. The report provides in-depth analysis of the impact of COVID-19 on the
Automobile Rental and Leasing industry, along with revised market numbers due
to the effects of the coronavirus.
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https://www.thebusinessresearchcompany.com/report/automobile-rental-and-leasing-market
Automobile Rental and Leasing Global Market
Report 2020 is the most comprehensive report available on this market and will
help gain a truly global perspective as it covers 60 geographies. The chapter
on the impact of COVID-19 gives valuable insights on supply chain disruptions,
logistical challenges, and other economic implications of the virus on the
market. The chapter also covers markets which have been positively affected by
the pandemic.
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The global automobile rental and leasing
market is expected to decline from $366.9 billion in 2019 to $239.6 billion in
2020 at a compound annual growth rate (CAGR) of -35%. The decline is mainly due
to economic slowdown across countries owing to the COVID-19 outbreak and the
measures to contain it. The market is then expected to recover and grow at a
CAGR of 15.06% from 2021 and reach $421.3 billion in 2023. The market is
expected to grow at a CAGR of 8.1% to nearly $492.6 billion by 2025, and at a
CAGR of 8.0% to $723.3 billion by 2030.
The report covers the Automobile Rental
and Leasing market’s segments-
1) By Type: Passenger Car Rental, Passenger
Car Leasing, Truck, Utility Trailer, And Vehicle Rental And Leasing
2) By Type Of Mode: Online, Offline
3) By Type Of Lease: Open, Close
4) By End Use: Individual, Corporate
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