The finance lease or human capital management lease refers to the agreement wherein the lessee gets the ownership of the asset before the lease expires. Finance lease benefits the lessee in the form of a cost-effective mode of acquiring assets. Moreover, it also helps in freeing the working capital, which the lessee can invest in its core tasks. Let’s have a look at the major finance leasing market trends for 2019 to 2025.
The size of the global finance lease market was estimated at USD 221.56 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.1% to reach USD 346.78 billion by 2031.
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"The Global Finance Lease Market 2021-2031 (USD Billion)")
Finance leasing market can broadly be segmented on the basis of products, type, end user, contracts, application and geography. The publish market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025. Additionally, numerous emerging trends are expected to gain traction converter in the global finance leasing market over the next few years, positively impacting market growth. This research is categorized differently considering the various aspects of this market. It also evaluates the current situation and the future of the market by using the forecast horizon.
Competitive Landscape
Key market players are Sumitomo Mitsui Finance cloud and Leasing Co., Ltd, HSBC Group, Wells Fargo Bank N.A., Bank of America Leasing & Capital, LLC, JP Morgan Chase & Co., and BNP Paribas Leasing Solutions and others. The market is led by these giants and they dominate the market. Hence the market is consolidated. Therefore, market concentration is high.
Finance Lease Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2031 |
| Study Period | 2018-2031 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2031 | USD 346.78 billion |
| Growth Rate | CAGR of 5.1 % during 2021-2031 |
| Segment Covered | Finance Lease Product, Type, Application, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Co., Ltd; BNP Paribas Leasing Solutions; HSBC Group; Wells Fargo Bank N.A.; Texas Capital Bancshares, Inc.; Commerce Bancshares, Inc.; Fifth Third Bank; Bank of America Corporation; Crest Capital; North Star Leasing. |
The study is a source of reliable data on:
- Market segments and sub-segments
- Industry trends and dynamics
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
Frequently Asked Questions (FAQ) :
The top companies that hold the market share in finance lease market are Sumitomo Mitsui Finance and Leasing Co., Ltd, HSBC Group, Wells Fargo Bank N.A., Bank of America Leasing & Capital, LLC, JP Morgan Chase & Co., and BNP Paribas Leasing Solutions & among others.
To get latest version of finance lease market report can be obtained on demand from the website.
The base year for the report is 2023 in finance lease market.