According to a market report by Lucintel, the future of the global truck rental and leasing market looks promising with opportunities in the personal leasing and enterprise leasing markets. The global truck rental and leasing market is expected to grow with a CAGR of 7.6% from 2025 to 2031. The major drivers for this market are the increasing demand for logistics services, the rising preference for flexible transportation, and the growing need for cost-effective solutions.
A more than 150-page report to understand trends, opportunity and forecast in truck rental and leasing market to 2031 by type (light duty trucks, medium duty trucks, and heavy duty trucks), application (personal leasing and enterprise leasing), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, light duty truck is expected to witness the highest growth over the forecast period.
Within the application category, enterprise leasing is expected to witness higher growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Paccar, Penske, Ryder, The Larson Group, Mendon Trucks Leasing and Rental, Kris-Way Truck Leasing, TEC Equipment, DeCarolis Truck Rental, PEMA, Hertz are the major suppliers in the truck rental and leasing market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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