Enjoy complimentary customisation on priority with our Enterprise License!
The Europe automotive financing market size is forecast to increase by USD 6.14 billion at a CAGR of 4.43% between 2023 and 2028. The European automotive financing market is witnessing significant growth, driven by the increasing demand for financing options for commercial vehicles and electric vehicles (EVs). Telematics technology and digital tools are revolutionizing the financing landscape, enabling real-time vehicle monitoring and customized financing solutions. Digital payment systems, such as mobile banking, are gaining popularity, offering convenience and security to customers. The rise of car-sharing and ride-hailing services is also fueling market growth, as these platforms require flexible financing arrangements. However, the increasing use of public transport due to environmental concerns poses a challenge to the market. In the US market, similar trends are emerging, with the demand for financing solutions for commercial vehicles and EVs on the rise. The integration of telematics and digital tools, as well as the adoption of digital payment systems, is transforming the financing landscape. Car-sharing and ride-hailing services are also driving market growth, offering flexible financing options to meet the unique needs of these businesses.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.