Rental & Leasing
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry rent and lease a wide range of physical assets, including cars and trucks, consumer goods, and commercial and industrial machinery and equipment, as well as nonfinancial intangible assets. Major companies include Aaron's, Avis Budget Group, Hertz Global Holdings, U-Haul, and United Rentals (all based in the US) along with AerCap (the Netherlands), Ashtead Group (UK), LeasePlan (the Netherlands), Sixt (Germany), and Tokyo Century Leasing (Japan).The global leasing market is forecast to reach about $3 trillion by 2029 at roughly 10% compound annual growth rate (CAGR), according to the Business Research Company. Europe, South America, Australasia, and Africa are some of the regions with global leasing volume, according to the World Leasing Yearbook.
The US industry includes about 57,000 establishments (single-location companies or units of multi-location companies) that rent and lease physical assets; combined annual revenue for those establishments is about $158 billion. About 2,800 US establishments with combined annual revenue of about $47 billion lease nonfinancial intangible assets (except copyrighted works).
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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