Enterprise Asset Leasing Market Size, Share & Analysis Report, 2023-2032
The global enterprise asset leasing market size was exhibited at USD 1,036 billion in 2022 and is projected to hit around USD 3,665.81 billion by 2032, growing at a CAGR of 13.47% during the forecast period 2023 to 2032.
Key Pointers:
Enterprise Asset Leasing Market Report Scope
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Report Coverage |
Details |
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Market Size in 2023 |
USD 1,175.55 Billion |
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Market Size by 2032 |
USD 3,665.81 Billion |
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Growth Rate From 2023 to 2032 |
CAGR of 13.47% |
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Base Year |
2022 |
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Forecast Period |
2023 to 2032 |
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Segments Covered |
By Asset Type, By Leasing Type, By Organization Size, and By Industry Vertical |
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Market Analysis (Terms Used) |
Value (US$ Million/Billion) or (Volume/Units) |
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Regional Scope |
North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
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Key Companies Profiled |
Bohai Leasing Co. Ltd., Sumitomo Mitsui Finance and Leasing Co., Ltd., BNP Paribas Leasing Solutions, General Electric Company, ICBC Financial Leasing Co. Ltd, ORIX Corporation, White Oak Financial LLC, Wells Fargo Bank N.A., Enterprise Asset Leasing, Origa Leasing, Air Lease Corporation, and Others. |
An enterprise asset lease is an agreement wherein, one party, the lessor grant rights to the other party, the lessee to use capital goods or other assets such as utility vehicle, commercial equipment, medical & IT software for professional purpose against certain periodic payments.The lessee also has the option to acquire the ownership of the asset after the lease is over.
It has been witnessed that COVID-19 has also majorly disrupted the businesses and entities as much as it has affected personal lives, due to which the demand for software, capital equipment, and vehicle has slowed down. This lower demand results from liquidity crisis in economy. In that scenario, leasing has proven to be a strong financing alternative because it facilitates entities such as start- multinationals, and others to acquire the right to use property, plant and equipment without making large initial cash outlays.
Enterprise leasingoffers multiple advantages over standard mode of borrowing, whichinclude high profitability, tax benefits, and inflation friendly and secure investments. Furthermore, enterprise lease benefits companies in terms of growth by giving them an opportunity to use or acquire the movable capital equipment with less capital investment. It not only enhances the production capacity of the company but at the same time ensures companies to use the equipment without facing the risk of purchasing .All these factors reduce the operating cost of companies, improve the economic performance and enable its adoption among consumers.
Growth in global average price of utility vehicles, shiftin the risk of obsolescence, tax advantageand higher return on capital employedare the major factors that drive theglobal enterprise asset leasing market growth. However, increase in debt from various borrowers and high cost hampers the growth of the market. On the contrary, untapped potential of emerging economies and surge in government support & initiatives toward leasing servicesare expected to provide lucrative opportunity for the enterprise asset leasing market expansion during the forecast period.
By asset type, the enterprise asset leasing market was led by the commercial vehicles segment in 2022, and is projected to maintain its dominance during the forecast period. Growth in demand for commercial vehicles continues to rise in enterprise asset leasing market as auto companies provide availability of finance in the market. However, the IT equipment segment is expected to grow at the highest rate during the forecast period, owing to rise in trend among telecommunication firms to adopt IT equipment & software on lease for improving the decision-making capability of the organization and to ensure efficient working of the business resources.
Region wise, the enterprise asset leasing marketshare was dominated by North America in 2022, and is expected to retain its position during the forecast period. The major factors that drive the growth of the enterprise asset leasing market in this region include the presence of key players in the U.S. and resulting into large-scale leasing for commercial equipment in the country in order to conduct business operations and make profit. However, Europe is expected to witness significant growth rate during the forecast period, because Enterprise leasing service providers in the region are focused on providing insurance, maintenance, and fleet services to major manufacturing companies, which is the basic requirement to create awareness regarding financing among consumers.
The report focuses on the growth prospects, restraints, and trends of the global enterprise asset leasingmarket analysis. The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the global enterprise asset leasing market.
Some of the prominent players in the Enterprise Asset Leasing Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Enterprise Asset Leasing market.
By Asset Type
By Leasing Type
By Organization Size
By Industry Vertical
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Enterprise Asset Leasing Market
5.1. COVID-19 Landscape: Enterprise Asset Leasing Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Enterprise Asset Leasing Market, By Asset Type
8.1. Enterprise Asset Leasing Market, by Asset Type, 2023-2032
8.1.1. Commercial Vehicles
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Real Estate
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Machinery and Industrial Equipment
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Enterprise Asset Leasing Market, By Leasing Type
9.1. Enterprise Asset Leasing Market, by Leasing Type, 2023-2032
9.1.1. Operating Lease
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Financial Lease
9.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Enterprise Asset Leasing Market, By Organization Size
10.1. Enterprise Asset Leasing Market, by March, 2023-2032
10.1.1. SMEs
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Large Enterprises
10.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Enterprise Asset Leasing Market, By Industry Vertical
11.1. Enterprise Asset Leasing Market, by April, 2023-2032
11.1.1. Manufacturing
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Construction
11.1.2.1. Market Revenue and Forecast (2020-2032)
11.1.3. Government and Public Sector
11.1.3.1. Market Revenue and Forecast (2020-2032)
11.1.4. Transportation and Logistics
11.1.4.1. Market Revenue and Forecast (2020-2032)
11.1.5. Others
11.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Enterprise Asset Leasing Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.1.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.1.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.1.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.1.5.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.1.5.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.1.5.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.1.6.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.1.6.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.1.6.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.2.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.2.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.2.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.2.5.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.2.5.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.2.5.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.2.6.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.2.6.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.2.6.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.2.7.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.2.7.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.2.7.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.2.8.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.2.8.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.2.8.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.3.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.3.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.3.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.3.5.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.3.5.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.3.5.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.3.6.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.3.6.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.3.6.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.3.7.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.3.7.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.3.7.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.3.8.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.3.8.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.3.8.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.4.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.4.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.4.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.4.5.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.4.5.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.4.5.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.4.6.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.4.6.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.4.6.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.4.7.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.4.7.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.4.7.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.4.8.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.4.8.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.4.8.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.5.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.5.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.5.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.5.5.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.5.5.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.5.5.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Asset Type (2020-2032)
12.5.6.2. Market Revenue and Forecast, by Leasing Type (2020-2032)
12.5.6.3. Market Revenue and Forecast, by Organization Size(2020-2032)
12.5.6.4. Market Revenue and Forecast, by Industry Vertical(2020-2032)
Chapter 13. Company Profiles
13.1. Bohai Leasing Co. Ltd.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Sumitomo Mitsui Finance and Leasing Co., Ltd.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. BNP Paribas Leasing Solutions
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. General Electric Company
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. ICBC Financial Leasing Co. Ltd
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. ORIX Corporation
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. White Oak Financial LLC
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Wells Fargo Bank N.A.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Enterprise Asset Leasing
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Origa Leasing
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers