Truck Rental and Leasing Market
Truck Rental and Leasing Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Truck Rental and Leasing Market Size and Growth
The Truck Rental and Leasing market is experiencing steady growth, driven by increasing logistics demands and evolving transportation needs. The global market size is projected to exceed $70 billion by 2025, fueled by trends in ecommerce and urbanization. Key players are adapting to technological advancements and sustainability requirements in operations.
Companies Covered
(Covid 19 Impact Covered)
◍ Paccar
◍ Penske
◍ Ryder
◍ The Larson Group
◍ Mendon Trucks Leasing and Rental
◍ Kris-Way Truck Leasing
◍ TEC Equipment, Inc
◍ DeCarolis Truck Rental, Inc
◍ PEMA GmbH
◍ Hertz
◍ Thrifty
◍ Europcar
◍ Avis
◍ Idealease Inc
◍ Budget
◍ NIPPON RENT-A-CAR
The truck rental and leasing market is competitive, featuring firms like Paccar, Penske, Ryder, and others. These companies enhance the market by offering diverse fleet options and flexible leasing terms. Their sales revenue includes:
- Ryder: $8.8 billion
- Penske: $6.7 billion
- Hertz: $3.3 billion
They contribute to market growth via expanding services and enhancing customer accessibility. Request Sample Report
Market Segmentation
By Application
By Product
◍ Light Duty Trucks ◍ Medium Duty Trucks ◍ Heavy Duty Trucks ◍ Personal Leasing ◍ Enterprise Leasing
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Market Growth
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$ 107.18 Billion
