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Truck Rental and Leasing Market

Truck Rental and Leasing Market - Global Share, Size & Changing Dynamics 2019-2031

Global Truck Rental and Leasing Market is segmented by Application (Logistics, Transport, E-commerce, Construction, Retail), , Type (Light-duty trucks, Heavy-duty trucks, Refrigerated trucks, Flatbed trucks, Pickup trucks) and Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

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Key Values Provided by a Truck Rental and Leasing Market

The Truck Rental and Leasing is growing at a 6% during the forecasted period of 2019 to 2031.

Truck Rental and Leasing Market Size in (USD Billion) CAGR Growth Rate 6%

Study Period 2019-2031
Market Size (2023): 70Billion
Market Size (2031): 100Billion
CAGR (2023 - 2031): 6%
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The Growth of urbanization is fundamentally transforming concepts for supplying urban areas, owing to distribution centres are being moved ever closer to urban areas. Of late, increasing E-commerce has generated double-digit growth rates for parcel service providers across the world. Moreover, an unsurprising consequence is that connected transport logistics are changing. Ever larger hubs are emerging and these are moving closer to the growing conurbations globally.

A market research report study provides invaluable data-driven insights that allow businesses to make informed decisions based on accurate market trends, customer behaviors, and competitor analysis. These reports help organizations better understand the evolving needs of their target audience, enabling more customer-focused strategies.
Additionally, they provide a competitive advantage by revealing competitors' strengths and weaknesses, helping companies refine their positioning and stay ahead. Market research reports also play a crucial role in risk reduction by identifying potential challenges, allowing businesses to anticipate and mitigate risks before entering new markets or launching products. 
Moreover, these reports uncover growth opportunities and emerging trends, allowing companies to innovate or expand into underserved markets. They are essential for strategic planning, aligning business goals with market realities to ensure long-term success. Investors also rely on market research reports to evaluate industry potential, making these reports key tools for making low-risk investment decisions. A market research report provides essential insights for growth, competitive positioning, and sound business strategy.

Market Dynamics

Influencing Trend:
  • Adoption of Telematics Services
  • Owing to Real-time Information among Others

Market Growth Drivers:
  • Increasing Production Of Truck & Commercial Vehicles In Both Developed And Developing Economies

Challenges
  • Cost
  • Availability

Opportunities
  • Increasing Production Of Truck & Commercial Vehicles In Both Developed And Developing Economies

Regional Insight

The Truck Rental and Leasing varies widely by region, reflecting diverse economic conditions and consumer preferences. In North America, the focus is on convenience and premium products, driven by high disposable incomes and a strong e-commerce sector. Europe’s market is fragmented, with Western countries emphasizing luxury and organic goods, while Eastern Europe sees rapid growth.
Asia-Pacific is a fast-growing region with high demand for both high-tech and affordable products, driven by urbanization and rising middle-class incomes. Latin America prioritizes affordability amidst economic fluctuations, with Brazil and Mexico leading in market growth. In the Middle East and Africa, market trends are influenced by cultural preferences, with luxury goods prominent in the Gulf States and gradual growth in sub-Saharan Africa. Global trends like sustainability and digital transformation are impacting all regions.

The Dominant Region currently dominates the market share, fueled by increasing consumption, population growth, and sustained economic progress, which collectively enhance market demand. Conversely, the is the fastest-growing Region is rapidly becoming the fastest-growing region, driven by significant infrastructure investments, industrial expansion, and rising consumer demand.

Regions
  • North America
  • LATAM
  • West Europe
  • Central & Eastern Europe
  • Northern Europe
  • Southern Europe
  • East Asia
  • Southeast Asia
  • South Asia
  • Central Asia
  • Oceania
  • MEA


Competitive Insights

The key players in the Truck Rental and Leasing are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as Paccar Inc. (United States), Penske Corporation (United States), Ryder System, Inc. (United States), The Larson Group (United States), Mendon Trucks Leasing and Rental (United States), Kris-Way Truck Leasing (United States), TEC Equipment, Inc (United States), DeCarolis Truck Rental, Inc (United States), PEMA GmbH (Germany), Hertz (United States), Thrifty (United States), Europcar (France), Avis (United States), Idealease Inc (United States) are heavily investing in R&D to develop new products and improve existing ones. This strategic emphasis on innovation drives significant advancements in product formulation and the introduction of sustainable and eco-friendly products.

Moreover, these established industry leaders are actively pursuing acquisitions of smaller companies to expand their regional presence and enhance their market share. These acquisitions not only help in diversifying their product portfolios but also provide access to new technologies and markets. This consolidation trend is a critical factor in the growth of the consumer goods industry, as it enables larger companies to streamline operations, reduce costs, and increase their competitive edge.

In addition to R&D and acquisitions, there is a notable shift towards green investments among key players in the consumer goods industry. Companies are increasingly committing resources to sustainable practices and developing environmentally friendly products. This green investment responds to growing consumer demand for sustainable solutions and stringent environmental regulations. By prioritizing sustainability, these companies are not only contributing to environmental protection but also positioning themselves as leaders in the green movement, thereby fueling market growth.
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach:
  • Paccar Inc. (United States)
  • Penske Corporation (United States)
  • Ryder System
  • Inc. (United States)
  • The Larson Group (United States)
  • Mendon Trucks Leasing and Rental (United States)
  • Kris-Way Truck Leasing (United States)
  • TEC Equipment
  • Inc (United States)
  • DeCarolis Truck Rental
  • Inc (United States)
  • PEMA GmbH (Germany)
  • Hertz (United States)
  • Thrifty (United States)
  • Europcar (France)
  • Avis (United States)
  • Idealease Inc (United States)

Truck Rental and Leasing Market Segmentation by Players

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Key Highlights

Segmentation by Type
  • Based on Type, the market is bifurcated into
    • Light-duty trucks
    • Heavy-duty trucks
    • Refrigerated trucks
    • Flatbed trucks

    Truck Rental and Leasing Market Segmentation by Type

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    Segmentation by Application
  • Based on Application, the market is segmented into
    • Logistics
    • Transport
    • E-commerce
    • Construction
    • Retail

    Truck Rental and Leasing Market Segmentation by Application

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  • Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice

The Top-Down and Bottom-Up Approaches

 
The top-down approach begins with a broad theory or hypothesis and breaks it down into specific components for testing. This structured, deductive process involves developing a theory, creating hypotheses, collecting and analyzing data, and drawing conclusions. It is particularly useful when there is substantial theoretical knowledge, but it can be rigid and may overlook new phenomena. 
Conversely, the bottom-up approach starts with specific data or observations, from which broader generalizations and theories are developed. This inductive process involves collecting detailed data, analyzing it for patterns, developing hypotheses, formulating theories, and validating them with additional data. While this approach is flexible and encourages the discovery of new phenomena, it can be time-consuming and less structured. 

Swot and Pestal Analysis

SWOT Analysis
SWOT Analysis evaluates a company’s internal Strengths and Weaknesses, as well as external Opportunities and Threats. This analysis helps businesses identify their competitive advantages, address internal challenges, and seize external opportunities while mitigating potential risks. It is performed to gain a comprehensive understanding of the organization's position in the market, align strategies with its strengths, and effectively navigate competitive landscapes.
PESTEL Analysis 
Political, Economic, Social, Technological, Environmental, and Legal factors impacting the business environment. This analysis helps organizations anticipate external changes, adapt strategies to macroeconomic trends, and ensure compliance with regulatory requirements. It is crucial for understanding the external forces that could influence business operations and for planning long-term strategies that align with evolving market conditions.

Report Infographics:
Report Features Details
Base Year 2023
Based Year Market Size 2023 70Billion
Historical Period 2019
CAGR (2023 to 2031) 6%
Forecast Period 2031
Forecasted Period Market Size (2031) 100Billion
Scope of the Report Light-duty trucks, Heavy-duty trucks, Refrigerated trucks, Flatbed trucks
Logistics, Transport, E-commerce, Construction, Retail
Regions Covered North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Companies Covered Paccar Inc. (United States), Penske Corporation (United States), Ryder System, Inc. (United States), The Larson Group (United States), Mendon Trucks Leasing and Rental (United States), Kris-Way Truck Leasing (United States), TEC Equipment, Inc (United States), DeCarolis Truck Rental, Inc (United States), PEMA GmbH (Germany), Hertz (United States), Thrifty (United States), Europcar (France), Avis (United States), Idealease Inc (United States)
Customization Scope 15% Free Customization (For EG)
Delivery Format PDF and Excel through Email


Truck Rental and Leasing - Table of Contents

Chapter 1: Market Preface
  • 1.1 Global Truck Rental and Leasing Market Landscape
  • 1.2 Scope of the Study
  • 1.3 Relevant Findings & Stakeholder Advantages

Chapter 2: Strategic Overview
  • 2.1 Global Truck Rental and Leasing Market Outlook
  • 2.2 Total Addressable Market versus Serviceable Market
  • 2.3 Market Rivalry Projection

Chapter 3 : Global Truck Rental and Leasing Market Business Environment & Changing Dynamics
  • 3.1 Growth Drivers
    • 3.1.1 Increasing Production of Truck & Commercial Vehicles in both Developed and Developing Economies
  • 3.2 Available Opportunities
    • 3.2.1 Increasing Production of Truck & Commercial Vehicles in both Developed and Developing Economies
    • 3.2.2 Growth in the Global Economy
  • 3.3 Influencing Trends
    • 3.3.1 Adoption of Telematics Services
    • 3.3.2 Owing to Real-time Information among Others
    • 3.3.3 The Logistics Sharing Concept is One of the Biggest Trend
  • 3.4 Challenges
    • 3.4.1 Cost
    • 3.4.2 Availability
    • 3.4.3 Competition
  • 3.5 Regional Dynamics

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Chapter 4 : Global Truck Rental and Leasing Industry Factors Assessment
  • 4.1 Current Scenario
  • 4.2 PEST Analysis
  • 4.3 Business Environment - PORTER 5-Forces Analysis
    • 4.3.1 Supplier Leverage
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of Substitutes
    • 4.3.4 Threat from New Entrant
    • 4.3.5 Market Competition Level
  • 4.4 Roadmap of Truck Rental and Leasing Market
  • 4.5 Impact of Macro-Economic Factors
  • 4.6 Market Entry Strategies
  • 4.7 Political and Regulatory Landscape
  • 4.8 Supply Chain Analysis
  • 4.9 Impact of Tariff War


Chapter 5: Truck Rental and Leasing : Competition Benchmarking & Performance Evaluation
  • 5.1 Global Truck Rental and Leasing Market Concentration Ratio
    • 5.1.1 CR4, CR8 and HH Index
    • 5.1.2 % Market Share - Top 3
    • 5.1.3 Market Holding by Top 5
  • 5.2 Market Position of Manufacturers by Truck Rental and Leasing Revenue 2023
  • 5.3 Global Truck Rental and Leasing Sales Volume by Manufacturers (2023)
  • 5.4 BCG Matrix
  • 5.4 Market Entropy
  • 5.5 FPNV Positioning Matrix
  • 5.6 Heat Map Analysis
Chapter 6: Global Truck Rental and Leasing Market: Company Profiles
  • 6.1 Paccar Inc. (United States)
    • 6.1.1 Paccar Inc. (United States) Company Overview
    • 6.1.2 Paccar Inc. (United States) Product/Service Portfolio & Specifications
    • 6.1.3 Paccar Inc. (United States) Key Financial Metrics
    • 6.1.4 Paccar Inc. (United States) SWOT Analysis
    • 6.1.5 Paccar Inc. (United States) Development Activities
  • 6.2 Penske Corporation (United States)
  • 6.3 Ryder System
  • 6.4 Inc. (United States)
  • 6.5 The Larson Group (United States)
  • 6.6 Mendon Trucks Leasing And Rental (United States)
  • 6.7 Kris-Way Truck Leasing (United States)
  • 6.8 TEC Equipment
  • 6.9 Inc (United States)
  • 6.10 DeCarolis Truck Rental
  • 6.11 Inc (United States)
  • 6.12 PEMA GmbH (Germany)
  • 6.13 Hertz (United States)
  • 6.14 Thrifty (United States)
  • 6.15 Europcar (France)
  • 6.16 Avis (United States)
  • 6.17 Idealease Inc (United States)
  • 6.18 NIPPON RENT-A-CAR (Japan)

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Chapter 7 : Global Truck Rental and Leasing by Type & Application (2019-2031)
  • 7.1 Global Truck Rental and Leasing Market Revenue Analysis (USD Million) by Type (2019-2023)
    • 7.1.1 Light-duty Trucks
    • 7.1.2 Heavy-duty Trucks
    • 7.1.3 Refrigerated Trucks
    • 7.1.4 Flatbed Trucks
    • 7.1.5 Pickup Trucks
  • 7.2 Global Truck Rental and Leasing Market Revenue Analysis (USD Million) by Application (2019-2023)
    • 7.2.1 Logistics
    • 7.2.2 Transport
    • 7.2.3 E-commerce
    • 7.2.4 Construction
    • 7.2.5 Retail
  • 7.3 Global Truck Rental and Leasing Market Revenue Analysis (USD Million) by Type (2023-2031)
  • 7.4 Global Truck Rental and Leasing Market Revenue Analysis (USD Million) by Application (2023-2031)

Chapter 8 : North America Truck Rental and Leasing Market Breakdown by Country, Type & Application
  • 8.1 North America Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 8.1.1 United States
    • 8.1.2 Canada
  • 8.2 North America Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 8.2.1 Light-duty Trucks
    • 8.2.2 Heavy-duty Trucks
    • 8.2.3 Refrigerated Trucks
    • 8.2.4 Flatbed Trucks
    • 8.2.5 Pickup Trucks
  • 8.3 North America Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 8.3.1 Logistics
    • 8.3.2 Transport
    • 8.3.3 E-commerce
    • 8.3.4 Construction
    • 8.3.5 Retail
  • 8.4 North America Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 8.5 North America Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 8.6 North America Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Chapter 9 : LATAM Truck Rental and Leasing Market Breakdown by Country, Type & Application
  • 9.1 LATAM Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 9.1.1 Brazil
    • 9.1.2 Argentina
    • 9.1.3 Chile
    • 9.1.4 Mexico
    • 9.1.5 Rest of LATAM
  • 9.2 LATAM Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 9.2.1 Light-duty Trucks
    • 9.2.2 Heavy-duty Trucks
    • 9.2.3 Refrigerated Trucks
    • 9.2.4 Flatbed Trucks
    • 9.2.5 Pickup Trucks
  • 9.3 LATAM Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 9.3.1 Logistics
    • 9.3.2 Transport
    • 9.3.3 E-commerce
    • 9.3.4 Construction
    • 9.3.5 Retail
  • 9.4 LATAM Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 9.5 LATAM Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 9.6 LATAM Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe Truck Rental and Leasing Market Breakdown by Country, Type & Application
  • 10.1 West Europe Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 10.1.1 Germany
    • 10.1.2 France
    • 10.1.3 Benelux
    • 10.1.4 Switzerland
    • 10.1.5 Rest of West Europe
  • 10.2 West Europe Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 10.2.1 Light-duty Trucks
    • 10.2.2 Heavy-duty Trucks
    • 10.2.3 Refrigerated Trucks
    • 10.2.4 Flatbed Trucks
    • 10.2.5 Pickup Trucks
  • 10.3 West Europe Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 10.3.1 Logistics
    • 10.3.2 Transport
    • 10.3.3 E-commerce
    • 10.3.4 Construction
    • 10.3.5 Retail
  • 10.4 West Europe Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 10.5 West Europe Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 10.6 West Europe Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe Truck Rental and Leasing Market Breakdown by Country, Type & Application
  • 11.1 Central & Eastern Europe Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 11.1.1 Bulgaria
    • 11.1.2 Poland
    • 11.1.3 Hungary
    • 11.1.4 Romania
    • 11.1.5 Rest of CEE
  • 11.2 Central & Eastern Europe Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 11.2.1 Light-duty Trucks
    • 11.2.2 Heavy-duty Trucks
    • 11.2.3 Refrigerated Trucks
    • 11.2.4 Flatbed Trucks
    • 11.2.5 Pickup Trucks
  • 11.3 Central & Eastern Europe Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 11.3.1 Logistics
    • 11.3.2 Transport
    • 11.3.3 E-commerce
    • 11.3.4 Construction
    • 11.3.5 Retail
  • 11.4 Central & Eastern Europe Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 11.5 Central & Eastern Europe Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 11.6 Central & Eastern Europe Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe Truck Rental and Leasing Market Breakdown by Country, Type & Application
  • 12.1 Northern Europe Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 12.1.1 The United Kingdom
    • 12.1.2 Sweden
    • 12.1.3 Norway
    • 12.1.4 Baltics
    • 12.1.5 Ireland
    • 12.1.6 Rest of Northern Europe
  • 12.2 Northern Europe Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 12.2.1 Light-duty Trucks
    • 12.2.2 Heavy-duty Trucks
    • 12.2.3 Refrigerated Trucks
    • 12.2.4 Flatbed Trucks
    • 12.2.5 Pickup Trucks
  • 12.3 Northern Europe Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 12.3.1 Logistics
    • 12.3.2 Transport
    • 12.3.3 E-commerce
    • 12.3.4 Construction
    • 12.3.5 Retail
  • 12.4 Northern Europe Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 12.5 Northern Europe Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 12.6 Northern Europe Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe Truck Rental and Leasing Market Breakdown by Country, Type & Application
  • 13.1 Southern Europe Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 13.1.1 Spain
    • 13.1.2 Italy
    • 13.1.3 Portugal
    • 13.1.4 Greece
    • 13.1.5 Rest of Southern Europe
  • 13.2 Southern Europe Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 13.2.1 Light-duty Trucks
    • 13.2.2 Heavy-duty Trucks
    • 13.2.3 Refrigerated Trucks
    • 13.2.4 Flatbed Trucks
    • 13.2.5 Pickup Trucks
  • 13.3 Southern Europe Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 13.3.1 Logistics
    • 13.3.2 Transport
    • 13.3.3 E-commerce
    • 13.3.4 Construction
    • 13.3.5 Retail
  • 13.4 Southern Europe Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 13.5 Southern Europe Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 13.6 Southern Europe Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia Truck Rental and Leasing Market Breakdown by Country, Type & Application
  • 14.1 East Asia Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 14.1.1 China
    • 14.1.2 Japan
    • 14.1.3 South Korea
    • 14.1.4 Taiwan
    • 14.1.5 Others
  • 14.2 East Asia Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 14.2.1 Light-duty Trucks
    • 14.2.2 Heavy-duty Trucks
    • 14.2.3 Refrigerated Trucks
    • 14.2.4 Flatbed Trucks
    • 14.2.5 Pickup Trucks
  • 14.3 East Asia Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 14.3.1 Logistics
    • 14.3.2 Transport
    • 14.3.3 E-commerce
    • 14.3.4 Construction
    • 14.3.5 Retail
  • 14.4 East Asia Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 14.5 East Asia Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 14.6 East Asia Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia Truck Rental and Leasing Market Breakdown by Country, Type & Application
  • 15.1 Southeast Asia Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 15.1.1 Vietnam
    • 15.1.2 Singapore
    • 15.1.3 Thailand
    • 15.1.4 Malaysia
    • 15.1.5 Indonesia
    • 15.1.6 Philippines
    • 15.1.7 Rest of SEA Countries
  • 15.2 Southeast Asia Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 15.2.1 Light-duty Trucks
    • 15.2.2 Heavy-duty Trucks
    • 15.2.3 Refrigerated Trucks
    • 15.2.4 Flatbed Trucks
    • 15.2.5 Pickup Trucks
  • 15.3 Southeast Asia Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 15.3.1 Logistics
    • 15.3.2 Transport
    • 15.3.3 E-commerce
    • 15.3.4 Construction
    • 15.3.5 Retail
  • 15.4 Southeast Asia Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 15.5 Southeast Asia Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 15.6 Southeast Asia Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia Truck Rental and Leasing Market Breakdown by Country, Type & Application
  • 16.1 South Asia Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 16.1.1 India
    • 16.1.2 Bangladesh
    • 16.1.3 Others
  • 16.2 South Asia Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 16.2.1 Light-duty Trucks
    • 16.2.2 Heavy-duty Trucks
    • 16.2.3 Refrigerated Trucks
    • 16.2.4 Flatbed Trucks
    • 16.2.5 Pickup Trucks
  • 16.3 South Asia Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 16.3.1 Logistics
    • 16.3.2 Transport
    • 16.3.3 E-commerce
    • 16.3.4 Construction
    • 16.3.5 Retail
  • 16.4 South Asia Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 16.5 South Asia Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 16.6 South Asia Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia Truck Rental and Leasing Market Breakdown by Country, Type & Application
  • 17.1 Central Asia Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 17.1.1 Kazakhstan
    • 17.1.2 Tajikistan
    • 17.1.3 Others
  • 17.2 Central Asia Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 17.2.1 Light-duty Trucks
    • 17.2.2 Heavy-duty Trucks
    • 17.2.3 Refrigerated Trucks
    • 17.2.4 Flatbed Trucks
    • 17.2.5 Pickup Trucks
  • 17.3 Central Asia Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 17.3.1 Logistics
    • 17.3.2 Transport
    • 17.3.3 E-commerce
    • 17.3.4 Construction
    • 17.3.5 Retail
  • 17.4 Central Asia Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 17.5 Central Asia Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 17.6 Central Asia Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania Truck Rental and Leasing Market Breakdown by Country, Type & Application
  • 18.1 Oceania Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 18.1.1 Australia
    • 18.1.2 New Zealand
    • 18.1.3 Others
  • 18.2 Oceania Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 18.2.1 Light-duty Trucks
    • 18.2.2 Heavy-duty Trucks
    • 18.2.3 Refrigerated Trucks
    • 18.2.4 Flatbed Trucks
    • 18.2.5 Pickup Trucks
  • 18.3 Oceania Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 18.3.1 Logistics
    • 18.3.2 Transport
    • 18.3.3 E-commerce
    • 18.3.4 Construction
    • 18.3.5 Retail
  • 18.4 Oceania Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 18.5 Oceania Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 18.6 Oceania Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA Truck Rental and Leasing Market Breakdown by Country, Type & Application
  • 19.1 MEA Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 19.1.1 Turkey
    • 19.1.2 South Africa
    • 19.1.3 Egypt
    • 19.1.4 UAE
    • 19.1.5 Saudi Arabia
    • 19.1.6 Israel
    • 19.1.7 Rest of MEA
  • 19.2 MEA Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 19.2.1 Light-duty Trucks
    • 19.2.2 Heavy-duty Trucks
    • 19.2.3 Refrigerated Trucks
    • 19.2.4 Flatbed Trucks
    • 19.2.5 Pickup Trucks
  • 19.3 MEA Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 19.3.1 Logistics
    • 19.3.2 Transport
    • 19.3.3 E-commerce
    • 19.3.4 Construction
    • 19.3.5 Retail
  • 19.4 MEA Truck Rental and Leasing Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 19.5 MEA Truck Rental and Leasing Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 19.6 MEA Truck Rental and Leasing Market by Application (USD Million) & Sales Volume (Units) [2024-2031]

Chapter 20: Research Findings & Conclusion
  • 20.1 Key Findings
  • 20.2 Conclusion

Chapter 21: Methodology and Data Source
  • 21.1 Research Methodology & Approach
    • 21.1.1 Research Program/Design
    • 21.1.2 Market Size Estimation
    • 21.1.3 Market Breakdown and Data Triangulation
  • 21.2 Data Source
    • 21.2.1 Secondary Sources
    • 21.2.2 Primary Sources

Chapter 22: Appendix & Disclaimer
  • 22.1 Acronyms & bibliography
  • 22.2 Disclaimer

Frequently Asked Questions (FAQ):

The Truck Rental and Leasing market may reach an estimated size of 100 Billion by 2031.

According to the report,the Truck Rental and Leasing Industry size is projected to reach 100 Billion, exhibiting a CAGR of 6% by 2031.

Adoption Of Telematics Services, Owing To Real-time Information Among Others, The Logistics Sharing Concept Is One Of The Biggest Trend are seen to make big Impact on Truck Rental and Leasing Market Growth.

  • Increasing Production Of Truck & Commercial Vehicles In Both Developed And Developing Economies
  • Growth In The Global Economy

Some of the major challanges seen in Global Truck Rental and Leasing Market are Cost, Availability, Competition.

Some of the opportunities that Analyst at HTF MI have identified in Truck Rental and Leasing Market are:
  • Increasing Production Of Truck & Commercial Vehicles In Both Developed And Developing Economies
  • Growth In The Global Economy

New entrants, including competitors from unrelated industries along with players such as Paccar Inc. (United States), Penske Corporation (United States), Ryder System, Inc. (United States), The Larson Group (United States), Mendon Trucks Leasing and Rental (United States), Kris-Way Truck Leasing (United States), TEC Equipment, Inc (United States), DeCarolis Truck Rental, Inc (United States), PEMA GmbH (Germany), Hertz (United States), Thrifty (United States), Europcar (France), Avis (United States), Idealease Inc (United States), NIPPON RENT-A-CAR (Japan) Instituting a robust process in Global Truck Rental and Leasing Market.

The Global Truck Rental and Leasing Market Study is Broken down by applications such as Logistics, Transport, E-commerce, Construction, Retail.

The Global Truck Rental and Leasing Market Study is segmented by Light-duty trucks, Heavy-duty trucks, Refrigerated trucks, Flatbed trucks, Pickup trucks.

The Global Truck Rental and Leasing Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA

Historical Year: 2019 - 2023; Base year: 2023; Forecast period: 2025 to 2031

The Growth of urbanization is fundamentally transforming concepts for supplying urban areas, owing to distribution centres are being moved ever closer to urban areas. Of late, increasing E-commerce has generated double-digit growth rates for parcel service providers across the world. Moreover, an unsurprising consequence is that connected transport logistics are changing. Ever larger hubs are emerging and these are moving closer to the growing conurbations globally.
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