The commercial vehicle rental and leasing market was valued at $88.16 billion in 2020 and is projected to reach $153.87 billion by 2028, growing at a CAGR of 7% from 2021 to 2027.
The increasing development of comfortable, safe, smart and AI-equipped vehicles by automakers is a positive factor for market growth. Additionally, growing demand for commercial vehicles, especially long-distance travel, will drive the market over the next few years. When you rent a truck as full service, you are not financially responsible for service, maintenance, and vehicle replacement. Therefore, these factors are expected to propel the expansion of the market during the forecast period.
A full report of Commercial Vehicle Leasing Services Market available at: https://www.orionmarketreports.com/commercial-vehicle-leasing-services-market/46767/
Commercial Vehicle Leasing Services Market – Segmentation
By Type
• Truck
• Bus
• Trailer
• Vans
• Taxi
• Others
By Application
• Personal
• Enterprise
By Company
• ACE Rent A Car
• Advantage Opco
• ALD International SA
• Arval
• Avis Budget
• DeCarolis Truck Rental
• Enterprise Holdings
• Europcar
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
