Automotive Leasing and Rental

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The Automotive Leasing and Rental market encompasses services providing vehicles from passenger cars to commercial trucks for fixed periods, ranging from short-term rentals (days/weeks) to long-term leases (months/years). The sector serves diverse end-users, including individual consumers, large corporations managing fleets, and the burgeoning tourism industry.

Global Automotive Rental and Leasing Market is projected for substantial expansion. It is anticipated to grow at a Compound Annual Growth Rate (CAGR) of approximately 7.37% from 2026 to 2032. Market revenue is expected to nearly double, with a valuation of around USD 208.81 billion in 2024 escalating to an estimated USD 421.02 billion by 2032.

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