Product Code: PM4035
The global financial leasing market size is expected to reach USD 369.30 billion by 2032, according to a new study by Polaris Market Research. The report "Financial Leasing Market Share, Size, Trends, Industry Analysis Report, By Type (Banking, Non-Banking); By Business Type; By Application; By Region; Segment Forecast, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The finance lease allows enterprises facing financial conditions to acquire costly assets; the financial leasing market has to face some of the market restraints are the risks arising from exchange rate changes and the problems faced because of a precarious regulatory scenario in other countries are potentially prevented finance lease service providing companies keen to provide international finance lease services are hampering the market growth. The untapped possibility of developing countries and the wave in government support and initiatives toward leasing services are opportunities for the financial leasing market growth.
The surge in demand for heavy machinery, equipment, and essential assets, particularly in sectors like healthcare, construction, and IT & telecom, is a primary factor driving growth. Developing nations transitioning from agricultural to manufacturing-based economies are set to fuel demand for financial leasing. Furthermore, the global increase in demand for automobiles and durable consumer goods is poised to contribute to a positive outlook for market expansion.
The global financial leasing market is witnessing expansion, driven by increased credit accessibility, enabling consumers to make significant purchases like homes and cars on credit. Additionally, finance leases offer specific advantages, including low monthly installments, extended terms, significant tax benefits, and hassle-free maintenance. These installments encompass insurance charges, rendering leasing options cost-effective. Given these factors, the industry is poised for a favorable outlook.
Furthermore, businesses and organizations are increasingly opting for equipment leasing to mitigate risks and potential losses. This trend is expected to create growth opportunities in the market. However, concerns persist regarding fluctuating interest rates from finance lease providers, which could temper growth. Moreover, a rising inflation rate can negatively impact bank profitability and real returns on financial assets, potentially making financial leasing less profitable.
Financial Leasing Market Report Highlights
- Banking segment accounted for largest market share in 2022, due to enhancing the overall efficiency and effectiveness of leasing operations
- International segment is expected to witness highest growth during forecast period, due to diverse range of industries it serves
- IT & Telecom segment held the significant market revenue share in 2022, mainly due to rapid technological advancements
- North America region dominated the market with majority share in 2022, owing to exponential growth in the technology and rising R&D investments
- The global key market players include: CIT Group Inc., De Lage Landen International B.V., DLL Group, Fuyo General Lease Co., Ltd., GE Capital Aviation Services (GECAS), Hitachi Capital Corporation
Polaris Market Research has segmented the financial leasing market report based on type, business type, application, and region:
Financial Leasing, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Financial Leasing, Business Type Outlook (Revenue - USD Billion, 2019 - 2032)
Financial Leasing, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- IT & Telecom
- Automotive
- Healthcare
- Construction
- Manufacturing
- Others
Financial Leasing, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Financial Leasing Market Insights
- 4.1. Financial Leasing Market - Application Snapshot
- 4.2. Financial Leasing Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rise in urbanization
- 4.2.1.2. Increasing purchase parity
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Market Volatility
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Financial Leasing Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Financial Leasing Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 5.3. Banking
- 5.3.1. Global Financial Leasing Market, by Banking, by Region, 2019-2032 (USD Billion)
- 5.4. Non-Banking
- 5.4.1. Global Financial Leasing Market, by Non-Banking, by Region, 2019-2032 (USD Billion)
6. Global Financial Leasing Market, by Business Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 6.3. Domestic
- 6.3.1. Global Financial Leasing Market, by Domestic, by Region, 2019-2032 (USD Billion)
- 6.4. International
- 6.4.1. Global Financial Leasing Market, by International, by Region, 2019-2032 (USD Billion)
7. Global Financial Leasing Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 7.3. IT & Telecom
- 7.3.1. Global Financial Leasing Market, by IT & Telecom, By Region, 2019-2032 (USD Billion)
- 7.4. Automotive
- 7.4.1. Global Financial Leasing Market, by Automotive, By Region, 2019-2032 (USD Billion)
- 7.5. Healthcare
- 7.5.1. Global Financial Leasing Market, by Healthcare, By Region, 2019-2032 (USD Billion)
- 7.6. Construction
- 7.6.1. Global Financial Leasing Market, by Construction, By Region, 2019-2032 (USD Billion)
- 7.7. Manufacturing
- 7.7.1. Global Financial Leasing Market, by Manufacturing, By Region, 2019-2032 (USD Billion)
- 7.8. Others
- 7.8.1. Global Financial Leasing Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Financial Leasing Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Financial Leasing Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Financial Leasing Market - North America
- 8.3.1. North America: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.3.3. North America: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.3.4. Financial Leasing Market - U.S.
- 8.3.4.1. U.S.: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.3.5. Financial Leasing Market - Canada
- 8.3.5.1. Canada: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.4. Financial Leasing Market - Europe
- 8.4.1. Europe: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.4.3. Europe: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.4.4. Financial Leasing Market - UK
- 8.4.4.1. UK: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.4.5. Financial Leasing Market - France
- 8.4.5.1. France: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.4.5.3. France: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.4.6. Financial Leasing Market - Germany
- 8.4.6.1. Germany: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.4.7. Financial Leasing Market - Italy
- 8.4.7.1. Italy: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.4.8. Financial Leasing Market - Spain
- 8.4.8.1. Spain: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.4.9. Financial Leasing Market - Netherlands
- 8.4.9.1. Netherlands: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.4.10. Financial Leasing Market - Russia
- 8.4.10.1. Russia: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.5. Financial Leasing Market - Asia Pacific
- 8.5.1. Asia Pacific: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.5.4. Financial Leasing Market - China
- 8.5.4.1. China: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.5.4.3. China: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.5.5. Financial Leasing Market - India
- 8.5.5.1. India: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.5.5.3. India: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.5.6. Financial Leasing Market - Malaysia
- 8.5.6.1. Malaysia: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.5.7. Financial Leasing Market - Japan
- 8.5.7.1. Japan: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.5.8. Financial Leasing Market - Indonesia
- 8.5.8.1. Indonesia: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.5.9. Financial Leasing Market - South Korea
- 8.5.9.1. South Korea: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.6. Financial Leasing Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.6.4. Financial Leasing Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.6.5. Financial Leasing Market - UAE
- 8.6.5.1. UAE: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.6.6. Financial Leasing Market - Israel
- 8.6.6.1. Israel: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.6.7. Financial Leasing Market - South Africa
- 8.6.7.1. South Africa: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.7. Financial Leasing Market - Latin America
- 8.7.1. Latin America: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.7.4. Financial Leasing Market - Mexico
- 8.7.4.1. Mexico: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.7.5. Financial Leasing Market - Brazil
- 8.7.5.1. Brazil: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
- 8.7.6. Financial Leasing Market - Argentina
- 8.7.6.1. Argentina: Financial Leasing Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Financial Leasing Market, by Application, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Financial Leasing Market, by Business Type, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. BNP Paribas Leasing Solutions
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. CDB Leasing Co., Ltd. (CLC).
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. CIT Group Inc.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. De Lage Landen International B.V.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. DLL Group
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Fuyo General Lease Co., Ltd.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. GE Capital Aviation Services (GECAS)
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Hitachi Capital Corporation
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Industrial and Commercial Bank of China Financial Leasing Co., Ltd. (ICBC Leasing)
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Japan Airlines Lease Co., Ltd. (JALC)
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Mizuho Leasing Company, Limited
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. PACCAR Financial Corp.
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. SMBC Aviation Capital
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Sumitomo Mitsui Finance and Leasing Co., Ltd.
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Wells Fargo Equipment Finance
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development