Stop and go: Industry revenue has been volatile, but demand is expected to stabilize

Over the five years to 2017, the Fleet Car Leasing industry has endured volatile demand for industry services as both business and government activity have alternately grown and slumped. At the beginning of the five-year period, business activity was strong and profit swelled while many state and local government agencies slashed consumption and investment to meet budgetary constraints. Over the five years to 2022, industry growth will slow but become less volatile...purchase to read more.

Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 12-17
-1.1%
Forecast Growth 17-22
Profit
Employment
4,540
Businesses
309

Industry Threats & Opportunities

  • Over the next five years, industry growth will slow but become less volatile
  • Government agencies significantly affect industry performance
  • Higher business activity and better financial circumstances will work against fleet leasing companies
  • Industry Report - Industry Analysis Chapter

    To bolster profit margins in a time of recovery, many companies made leasing vehicle fleets a higher priority, as leasing is less capital intensive in the short term than outright purchasing. In the public sector, however, government consumption fell at the federal, state and local levels, and many agencies or programs experienced cuts to alleviate budgetary issues during the later stages of recovery. In particular, state and local government demand for leased vehicles fell substantially as many municipal and state government agencies adopted austerity measures to combat shrinking budgets...purchase to read more.

    Additional Insights for the Fleet Car Leasing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Fleet Car Leasing Industry are

  • Having new or fuel-efficient vehicles
  • Ability to accommodate environmental requirements
  • Market research and understanding
  • IBISWorld analysts also discuss how external factors such as Corporate profit and Government consumption and investment in the Fleet Car Leasing industry impact industry performance..

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    What's in this report

    What is the Fleet Car Leasing Industry?

    Companies in this industry lease fleets of vehicles to corporations, small businesses and government institutions. Fleet car leasing companies provide all types of vehicles, including cars, trucks, SUVs, vans and buses. Leasing options can include short-term, open-end and closed-end agreements.

    Industry Products
  • Cars
  • Trucks
  • Vans
  • SUVs
  • Industry Activities
  • Open-end lease agreements
  • Short-term lease agreements
  • Closed-end lease agreement
  • Terminal rental adjustment clauses
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Corporate profit
  • Government consumption and investment
  • New car sales
  • Demand from retail trade
  • Industrial production index

  • Current Performance
  • Industry trends
  • Government spending remains weak
  • Chart: Revenue Growth

  • Industry Outlook
  • A shift in focus
  • Potential threats
  • Table: Fleet Car Leasing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Fleet Car Leasing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Third-Party Administrators & Insurance Claims Adjusters
  • Public Administration

  • Key Selling Industries
  • Auto Mechanics
  • Automobile Wholesaling
  • Car & Automobile Manufacturing
  • SUV & Light Truck Manufacturing

  • Products & Services
  • Trucks
  • Cars
  • SUVs
  • Vans
  • Chart: Fleet Car Leasing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Businesses
  • Government
  • Other
  • Chart: Major Market Segmentation for the Fleet Car Leasing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Fleet Car Leasing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fleet Car Leasing Industry

  • Industry Globalization
    Element Fleet Management Corp., ARI Fleet Leasing,
  • Table: Element Fleet Management Corp. - financial performance
  • Table: ARI Fleet Leasing - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Fleet Car Leasing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Fleet Car Leasing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Corporate Profit (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Fleet Management Company
  • A company that manages the financing, insurance, maintenance and repair of corporate or government fleet vehicles.
  • Fleet Vehicle
  • A vehicle registered or sold to a company that manages vehicle fleets.
  • Terminal Rental Adjustment Clause (Trac)
  • A TRAC is an open-ended master lease, meaning that lease conditions and terms are applied to each fleet vehicle individually.
  • Upfitting
  • The addition of equipment to a vehicle when it is not available as a factory installed item.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Fleet Car Leasing contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
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    This report on Fleet Car Leasing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Fleet Car Leasing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Fleet Car Leasing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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