The Machinery Leasing Global Market Report 2023 by The Business Research Company, provides machinery leasing market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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In accordance with The Business Research Company’s insightful analysis presented in the Machinery Leasing Global Market Report for 2023, a compelling trajectory is forecasted, indicating a noteworthy expansion in market dimensions. The anticipated progression manifests itself as a notable ascent from the 2022 valuation of $372.83 billion to an impressive $406.76 billion by 2023, embracing a robust compound annual growth rate (CAGR) of 9.1%.
However, the global economic landscape grappled with unforeseen challenges, notably stemming from the Russia-Ukraine conflict, which cast a shadow over the trajectory of recovery from the COVID-19 pandemic. The aftermath of this geopolitical turmoil has reverberated globally, instigating economic sanctions, a marked escalation in commodity prices, and intricate supply chain disruptions. These repercussions have catalyzed inflationary pressures across diverse goods and services, leaving an indelible impact on myriad markets across the globe. Despite these challenges, the machinery leasing market is resilient, exhibiting a projected growth to $560.72 billion by 2027, propelled by a commendable CAGR of 8.4%.
One salient trend shaping the landscape is the burgeoning role of start-ups as key clientele for leasing service providers. This paradigm shift is underscored by the cost-effective strategy adopted by start-ups, driven by the imperative to access cutting-edge equipment, often characterized by exorbitant upfront costs. In response, a burgeoning number of start-ups have embraced the pragmatic approach of renting or leasing equipment, amplifying the demand for leasing services. This trend is poised to exert a positive influence on the machinery leasing market, with the escalating presence of start-ups injecting vitality and dynamism into the industry. As we navigate the complex interplay of economic dynamics, the symbiotic relationship between start-ups and leasing services is emerging as a catalyst for growth, underscoring the pivotal role of innovation and adaptability in shaping the future of machinery leasing.
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The machinery leasing market is segmented:
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, Other Commercial And Industrial Machinery And Equipment Rental
2) By Mode: Online, Offline
3) By Lease Type: Closed Ended Lease, Option to Buy Lease, Sub-Vented Lease, Other Lease Types
Top 5 Major Players:
Table of Contents:
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
…..
23. Key Mergers And Acquisitions
24. Market Background: Leasing Market
25. Opportunities And Strategies
26. Machinery Leasing Market, Conclusions And Recommendations
27. Appendix
List Of Tables:
Table 1 : Global Machinery Leasing Market, Product/Service Analysis – Product/Service Examples
Table 2: Global Machinery Leasing Market, Historic, 2017 – 2022, $ Million
Table 3: Global Machinery Leasing Market, Forecast, 2022 – 2027, 2032F, $ Million
Table 4: Global Machinery Leasing Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, %
Table 5: Global Machinery Leasing Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, $ Million
….
Table 292: Global Machinery Leasing Market Size Gain ($ Million), 2022 – 2027, By Country
Table 293: Global Machinery Leasing Market Size Gain ($ Million), Segmentation By Type, 2022 – 2027
Table 294: Global Machinery Leasing Market Size Gain ($ Million), Segmentation By Lease Type, 2022 – 2027
Table 295: Global Machinery Leasing Market Size Gain ($ Million), Segmentation By Mode, 2022 – 2027
Table 296: Machinery Leasing – Market Data Sources
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