According to the research report, the global automotive finance market size is expected to touch USD 519.21 Billion by 2032, from USD 290 Billion in 2022, growing with a significant CAGR of 6% from 2023 to 2032.
The automotive finance report offers a
comprehensive study of the current state expected at the major drivers, market
strategies, and key vendors’ growth. The report presents energetic visions to
conclude and study the market size, market hopes, and competitive surroundings.
The research also focuses on the important achievements of the market, research
& development, and regional growth of the leading competitors operating in
the market. The current trends of the global automotive finance in conjunction
with the geographical landscape of this vertical have also been included in
this report.
The report offers intricate dynamics about
different aspects of the global automotive finance market, which aids companies
operating in the market in making strategic development decisions. The study
also elaborates on significant changes that are highly anticipated to configure
growth of the global automotive finance during the forecast period. It also
includes a key indicator assessment that highlights growth prospects of this
market and estimates statistics related to growth of the market in terms of
value (US$ Mn) and volume (tons).
Sample
Link @ https://www.precedenceresearch.com/sample/2654
| Report Coverage | Details |
| Market Size in 2023 | USD 307.39 Billion |
| Market Size by 2032 | USD 519.21 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 6% |
| Largest Market | Europe |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Provider Type, By Finance Type, By Purpose Type and By Vehicle Type |
This study covers a detailed segmentation
of the global automotive finance market, along with key information and a
competition outlook. The report mentions company profiles of players that are
currently dominating the global automotive finance market, wherein various
developments, expansions, and winning strategies practiced and implemented by
leading players have been presented in detail.
Key Players
- Ford Motor Credit Company
- GM Financial Inc.
- Hitachi Capital
- Ally Financial
- Bank of America
- Capital One
- Toyota Financial Services
- Volkswagen Financial Services
- Chase Auto Finance
- Daimler Financial Services
Market Segmentation
- Banks
- OEMs
- Other Financial Institutions
By Finance Type
- Direct
- Indirect
By Purpose Type
- Loan
- Leasing
- Others
By Vehicle Type
- Commercial Vehicles
- Passenger Vehicles
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- The Middle East and Africa
Research Methodology
The research methodology adopted by
analysts for compiling the global automotive finance report is based on
detailed primary as well as secondary research. With the help of in-depth
insights of the market-affiliated information that is obtained and legitimated
by market-admissible resources, analysts have offered riveting observations and
authentic forecasts for the global market.
During the primary research phase, analysts
interviewed market stakeholders, investors, brand managers, vice presidents,
and sales and marketing managers. Based on data obtained through interviews of
genuine resources, analysts have emphasized the changing scenario of the global
market.
For secondary research, analysts
scrutinized numerous annual report publications, white papers, market association
publications, and company websites to obtain the necessary understanding of the
global automotive finance market.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Automotive Finance Market
5.1. COVID-19 Landscape: Automotive Finance Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Automotive Finance Market, By Provider Type
8.1. Automotive Finance Market, by Provider Type, 2023-2032
8.1.1. Banks
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. OEMs
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Other Financial Institutions
8.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Automotive Finance Market, By Finance Type
9.1. Automotive Finance Market, by Finance Type, 2023-2032
9.1.1. Direct
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Indirect
9.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Automotive Finance Market, By Purpose Type
10.1. Automotive Finance Market, by Purpose Type, 2023-2032
10.1.1. Loan
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Leasing
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Others
10.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Automotive Finance Market, By Vehicle Type
11.1. Automotive Finance Market, by Vehicle Type, 2023-2032
11.1.1. Commercial Vehicles
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Passenger Vehicles
11.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Automotive Finance Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.1.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.1.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.1.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.1.5.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.1.5.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.1.5.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.1.6.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.1.6.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.1.6.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.2.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.2.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.2.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.2.5.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.2.5.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.2.5.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.2.6.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.2.6.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.2.6.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.2.7.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.2.7.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.2.7.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.2.8.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.2.8.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.2.8.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.3.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.3.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.3.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.3.5.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.3.5.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.3.5.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.3.6.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.3.6.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.3.6.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.3.7.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.3.7.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.3.7.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.3.8.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.3.8.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.3.8.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.4.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.4.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.4.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.4.5.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.4.5.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.4.5.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.4.6.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.4.6.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.4.6.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.4.7.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.4.7.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.4.7.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.4.8.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.4.8.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.4.8.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.5.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.5.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.5.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.5.5.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.5.5.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.5.5.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Provider Type (2020-2032)
12.5.6.2. Market Revenue and Forecast, by Finance Type (2020-2032)
12.5.6.3. Market Revenue and Forecast, by Purpose Type (2020-2032)
12.5.6.4. Market Revenue and Forecast, by Vehicle Type (2020-2032)
Chapter 13. Company Profiles
13.1. Ford Motor Credit Company
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. GM Financial Inc.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Hitachi Capital
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Ally Financial
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Bank of America
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Capital One
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Toyota Financial Services
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Volkswagen Financial Services
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Chase Auto Finance
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Daimler Financial Services
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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