The Business Research Company’s Machinery Leasing Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Machinery Leasing Global Market Report 2023 evaluates machinery leasing market size, growth rate, drivers, trends, and major companies
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global machinery leasing market is expected to grow from $ 569,340.83 million in 2027 at a rate of 8.69%. The market is then expected to grow at a CAGR of 8.95% 2027 and reach $ 873,875.57 million in 2032.
The increasing healthcare expenditure is predicted to upsurge the demand for the machinery leasing market. Health expenditures are the sum of money spent on healthcare and related costs including private and public health insurance, medical research and public health initiatives. The growth in healthcare expenditure will allow healthcare facilities to get healthcare equipment installed on lease, driving the machinery leasing market. According to India’s National Health Expenditure Projections 2018-2027, the national healthcare expenditure is expected to reach nearly $6.0 trillion by 2027, growing at an average rate of 5.5% annually from 2018 to 2027. Consequently, the rise in healthcare spending is expected to increase the market for machinery leasing during the forecast period.
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The machinery leasing market segments in the report are:
1) By Type: Heavy Construction Machinery Rental; Commercial Air; Rail; And Water Transportation Equipment Rental; Mining; Oil And Gas; And Forestry Machinery And Equipment Rental; Office Machinery And Equipment Rental And Other Commercial And Industrial Machinery And Equipment Rental
2) By Mode: Online; Offline
3) By Leasing Type: Capital Lease; Operating Lease
The table of contents in TBRC’s machinery leasing market report includes:
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