Global Enterprise Asset Leasing Market Size to worth USD 11.95 Billion by 2033: Forecast Analysis Report

RELEASE DATE: Feb 2025 Author: Spherical Insights
The Global Enterprise Asset Leasing Market Size is Expected to Grow from USD 4.61 Billion in 2023 to USD 11.95 Billion by 2033, at a CAGR of 9.99% during the forecast period 2023-2033.

Table of Contents

Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis


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Global Enterprise Asset Leasing Market Size to worth USD 11.95 Billion by 2033

According to a research report published by Spherical Insights & Consulting, The Global Enterprise Asset Leasing Market Size is Expected to Grow from USD 4.61 Billion in 2023 to USD 11.95 Billion by 2033, at a CAGR of 9.99% during the forecast period 2023-2033.

 

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Enterprise Asset Leasing Market Size, Share, and COVID-19 Impact Analysis, By Asset Type (Movable Assets, Immovable Assets, and Intangible Assets), By Industry Verticals (Manufacturing, Healthcare, IT and Telecommunications, Transportation and Logistics, Energy and Utilities, and Government and Public Sector), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

 

Enterprise asset leasing is a contract allowing a business to use an asset owned by another party for a specified period in exchange for regular payments. In this arrangement, the lessor retains ownership of the asset while the lessee gains the right to utilize it. This leasing method can be an effective way for businesses to finance capital equipment, as it enables them to access necessary assets without making significant upfront investments. This is particularly advantageous for startups and small businesses. The enterprise asset leasing market is influenced by several factors. The adoption of technologies such as cloud computing and the Internet of Things (IoT) has made lease agreements more efficient and convenient. Moreover, businesses are increasingly seeking flexible and cost-effective ways to manage their assets. By leasing equipment, companies can focus on their core operations without the burden of managing and maintaining their assets. However, there are challenges within the enterprise asset leasing market. Intense competition can lead to price pressure, and there are growing concerns over data security in asset management systems. Additionally, companies must navigate complex regulatory compliance issues and may face risks associated with asset obsolescence. In certain situations, lessees may encounter high upfront costs, and lease terms may offer limited flexibility to meet specific business needs, which can hinder market growth.

 

The movable assets segment is predicted to hold the largest market share through the forecast period.

Based on the asset type, the enterprise asset leasing market is classified into on movable assets, immovable assets, and intangible assets. Among these, the movable assets segment is predicted to hold the largest market share through the forecast period. The growth can be attribute to the growing demand for adaptable and effective asset management solutions, businesses are placing greater emphasis on optimizing asset utilization and lowering operational expenses, which drive the uptake of movable assets such as machinery, vehicles, and equipment. As industries strive to boost productivity and minimize downtime, the focus on efficiently leasing and managing movable assets positions this sector for considerably growth.

 

The manufacturing segment is anticipated to hold the highest market share during the projected timeframe.

Based on the industry verticals, the enterprise asset leasing market is divided into manufacturing, healthcare, IT and telecommunications, transportation and logistics, energy and utilities, and government and public sector. Among these, the manufacturing segment is anticipated to hold the highest market share during the projected timeframe. This growth is primarily driven by the industry's requirement for advanced machinery and equipment to maintain a competitive edge. As manufacturing processes become increasingly automated and technologically sophisticated, companies are turning to leasing solutions that grant access to state-of-the-art equipment without the responsibilities tied to ownership. This movement towards operational flexibility and cost savings ensures that the manufacturing sector remains a leader in enterprise asset leasing.

 

North America is estimated to hold the largest share of the enterprise asset leasing market over the forecast period.

North America is estimated to hold the largest share of the enterprise asset leasing market over the forecast period. This trend is largely attributed to the region's strong economic conditions and high levels of industrial activity. The existence of numerous established firms, along with a strong focus on technological advancements, increases the demand for asset leasing solutions. Additionally, supportive regulatory frameworks and the rising trend of digital transformation across various industries further strengthen the region's dominant position in the market.

 

Europe is expected to grow the fastest during the forecast period. Market growth is bolstered by rising investments in sustainable technologies and eco-friendly initiatives across different sectors. The region's dedication to innovation and efficiency in asset management, along with the increasing demand for flexible financing options, makes enterprise asset leasing particularly attractive. Moreover, the regulatory environment that encourages sustainability and reduced carbon footprints motivates companies to embrace leasing models that support their environmental objectives, thereby driving market expansion in Europe.

 

Company Profiling

Major key players in the enterprise asset leasing market includes Mitsubishi UFJ Financial Group, Huntington National Bank, DLL, GE Capital, Hitachi Capital Corporation, Sumitomo Mitsui Finance and Leasing Company, Johnson Higgins, PNC Equipment Finance, Wells Fargo Equipment Finance, Siemens Financial Services, Element Fleet Management, Societe Generale Equipment Finance, Key Equipment Finance, CIT Group, Marubeni Corporation, and Others.

 

Recent Developments

  • In September 2024, Plug Power Inc. (NASDAQ: PLUG) has launched an equipment leasing platform with a target of over $150 million to access capital and offer financing solutions for equipment sales growth. As a first step, Plug signed three sale and leaseback transactions worth approximately $44 million with GTL Leasing, covering various gaseous and cryogenic assets for hydrogen transport and storage.

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the enterprise asset leasing market based on the below-mentioned segments:

 

Global Enterprise Asset Leasing Market, By Asset Type

  • Movable Assets
  • Immovable Assets
  • Intangible Assets

 

Global Enterprise Asset Leasing MarketBy Industry Verticals

  • Manufacturing
  • Healthcare
  • IT and Telecommunications
  • Transportation and Logistics
  • Energy and Utilities
  • Government and Public Sector

 

Global Enterprise Asset Leasing Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

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