Car Leasing Market Size - By Vehicle Type (Hatchback, Sedan, SUV, Crossover), By Lease Type (Open-ended, Close-ended), By Propulsion (ICE, Electric), By End Use (Commercial, Individual) & Forecast, 2024 - 2032

The market size of car leasing reached USD 107.8 billion in 2023 and is set to witness 5% CAGR from 2024 to 2032, attributed to the escalating environmental concerns and regulations globally.

The sedan segment accounted for around 30% revenue share in 2023, owing to the evolving consumer preferences for flexible mobility solutions.

North America market generated USD 32.5 billion in revenue in 2023, attributed to the thriving automotive sector, high consumer awareness, and the strong inclination toward flexible mobility solutions in the region.

Some of the top car leasing companies are Enterprise Holdings, Inc., United Leasing, Inc., Element Fleet Management Corp., Wilmar Inc., Caldwell Leasing, Ewald Automotive Group, and ALD Automotive.