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The Europe vehicle leasing market size is estimated to grow by USD 12.17 billion at a CAGR of 4.5% between 2023 and 2028. The market's growth is influenced by several factors, including cost-effective methods of obtaining vehicles, the increasing demand for vehicle leasing from small and medium-sized enterprises (SMEs), and the rising technological obsolescence of older vehicles. These elements collectively drive market expansion, reflecting economic considerations, business needs, and advancements in vehicle technology. The cost-effective ways of acquiring vehicles highlight the financial advantages of leasing over purchasing, driving the demand for car leasing. Simultaneously, the growing demand for vehicle leasing from SMEs underscores the flexibility and scalability that leasing offers to smaller businesses. Additionally, the technological obsolescence of older vehicles points to the need for more modern and efficient vehicle options. Thus, the interplay of these factors delineates the landscape for the anticipated growth of automotive rental and leasing.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Mode of Booking
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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