Increase in Volume of Domestic and International Tourists is Driving the Global Luxury Car Leasing Market in the forecast period of 2019 to 2026

Global Luxury Car Leasing Market is expected to reach at a healthy CAGR of 12.6% in the forecast period of 2019 to 2026. The market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is of 2019 to 2026.

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Drivers: Global Luxury Car Leasing Market

  • Increase in volume of domestic and international tourists
  • Better user experience with digitization

Restraint

  • Customization issues with service providers

OPPORTUNITY

  • Emergence of self-driving concept

CHALLENGE

  • High maintenance cost

Market Trends:

Global luxury car leasing market is segmented into two notable segments which are product type and application:

  • On the basis of product type, the market is segmented into short-term rental, long-term rental and finance leasing. The short-term rental segment is dominating the market.
  • On the basis of application, the market is segmented into airport and off-airport.

Key Market Players: Global Luxury Car Leasing Market​​​​​​​

The key market players for global luxury car leasing market are listed below:

  • Sixt
  • The Hertz Corporation
  • Avis Budget Group
  • Enterprise Holdings Inc.
  • Europcar Mobility Group
  • ALD S.A.
  • Localiza
  • LeasePlan
  • German Rent A Car
  • ANI Technologies Pvt. Ltd. (Ola)
  • Movida Car Rental
  • Car Inc
  • Fox Rent A Car
  • Uber Technologies, Inc.
  • Unidas