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Truck Rental Market Research Report Information By Truck Type (Heavy Commercial Vehicle, and Light Commercial Vehicle), By Lease Type (Finance Lease, and Full-Service Lease), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) โ€“ Market Forecast Till 2030


ID: MRFR/AM/6355-HCR | 188 Pages | Author: Sejal Akre| April 2024

Truck Rental Market Segmentation


Truck Rental Truck Type Outlook (USD Billion, 2021-2030)




  • Heavy Commercial Vehicle




  • Light Commercial Vehicle




Truck Rental Lease Type Outlook (USD Billion, 2021-2030)




  • Finance Lease




  • Full-Service Lease




Truck Rental Regional Outlook (USD Billion, 2021-2030)




  • North America Outlook (USD Billion, 2021-2030)




    • North America Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • North America Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • US Outlook (USD Billion, 2021-2030)




    • US Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • US Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • CANADA Outlook (USD Billion, 2021-2030)




    • Canada Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Canada Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease








  • Europe Outlook (USD Billion, 2021-2030)




    • Europe Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Europe Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • Germany Outlook (USD Billion, 2021-2030)




    • Germany Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Germany Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • France Outlook (USD Billion, 2021-2030)




    • France Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • France Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • UK Outlook (USD Billion, 2021-2030)




    • UK Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • UK Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • ITALY Outlook (USD Billion, 2021-2030)




    • Italy Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Italy Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • SPAIN Outlook (USD Billion, 2021-2030)




    • Spain Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Spain Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • Rest Of Europe Outlook (USD Billion, 2021-2030)




    • Rest of Europe Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Rest of Europe Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease








  • Asia-Pacific Outlook (USD Billion, 2021-2030)




    • Asia-Pacific Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Asia-Pacific Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • China Outlook (USD Billion, 2021-2030)




    • China Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • China Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • Japan Outlook (USD Billion, 2021-2030)




    • Japan Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Japan Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • India Outlook (USD Billion, 2021-2030)




    • India Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • India Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • Australia Outlook (USD Billion, 2021-2030)




    • Australia Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Australia Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • Rest of Asia-Pacific Outlook (USD Billion, 2021-2030)




    • Rest of Asia-Pacific Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Rest of Asia-Pacific Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease








  • Rest of the World Outlook (USD Billion, 2021-2030)




    • Rest of the World Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Rest of the World Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • Middle East Outlook (USD Billion, 2021-2030)




    • Middle East Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Middle East Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • Africa Outlook (USD Billion, 2021-2030)




    • Africa Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Africa Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease






    • Latin America Outlook (USD Billion, 2021-2030)




    • Latin America Truck Rental by Truck Type




      • Heavy Commercial Vehicle




      • Light Commercial Vehicle






    • Latin America Truck Rental by Lease Type




      • Finance Lease




      • Full-Service Lease







Research Methodology on Truck Rental Market


Market Research Future (MRFR) has conducted extensive research and analysis for the Truck Rental Market report, using secondary data sources such as trusted industry reviews and databases, company websites, and industry associations. Primary sources comprised interviews and surveys of industry decision-makers and industry experts, among many others. For its survey, MRFR employs extensive secondary research, with industry sources such as annual reports, company websites, press releases, databases, and industry white papers. Primary research data includes consumer surveys and feedback from interviews with company executives, industry experts, and opinion leaders.


Market Segmentation


MRFR segments the global truck rental market based on type, end-customers, and region.


By Type:


-Light Duty Truck Rental


- Medium Duty Truck Rental


- Heavy Duty Truck Rental


By End-Users:


-Individuals


- Small and Medium Enterprises


- Corporate and Logistics Companies


Geographically:


-North America (the U.S. and Canada)


- Europe (the U.K., Germany, France, Italy, and the Rest of Europe)


- Asia-Pacific (China, India, Japan, South Korea, and the Rest of Asia-Pacific)


- Latin America (Brazil, Mexico, and the Rest of Latin America)


- The Middle East and Africa (GCC Countries, Turkey, and the Rest of the Middle East and Africa)


Data Collection and Validation


MRFR has collected and validated data from both primary and secondary sources. Primary sources include interviews with industry experts and surveys of industry representatives. Secondary sources include publications available on the market, government websites, white papers, industry journals, and databases. MRFR has sought to ensure the accuracy and validity of the data collected.


Research Objectives


The primary objective of the report is to analyze the global Truck Rental market size, market share, value, and trends, and to present a detailed profile of the major players operating in the market and their key strategies.


The secondary objectives are to assess and analyze the regional market, segmentation, and dynamics; estimate and forecast the current prevailing market, and gain an understanding of the growth prospects of the market and its major segment of the global truck rental market.


Research Assumptions


MRFR has taken into account the following assumptions with regard to this report:


- Market revenues are based on the prices observed in the major truck rental markets


- Unit prices are expected to remain constant over the range of the forecast period


- Market growth is expected to be driven by a combination of macroeconomic and industry-specific factors


Scope of Report


The global Truck Rental Market report covers an in-depth analysis, with a qualitative and quantitative approach. The report covers the market, the market trend, and the key players, including their market share, strategies, and market prospects. The report also provides country-level analysis of the market and provides a forecast for the next five years. The report covers the key segments of the truck rental market, including end-users, types, and regions. It also provides an analysis of the market opportunity for new entrants in the market and a comprehensive value chain analysis for the market.


Data Triangulation and Market Estimation


MRFR has paid particular attention to the accuracy and reliability of the data. The data triangulation process is adopted to estimate the market size, by sourcing and validating data from both primary and secondary sources.


To obtain the overall market size and its segments and sub-segments, market sizing and forecasting were carried out based on bottom-up and top-down approaches. For the top-down approach, the overall market size is estimated using the revenues of the major players in the market and their share of the market. The bottom-up approach is used to estimate the market size and its segments based on the data on the individual market and its subsegments.


The reports of the major players in the market are used to validate the data obtained through the process. The data for the market is further validated by conducting interviews with industry experts, industry stakeholders, market leaders/decision makers, board members, and other key executives.

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TABLE OF CONTENTS

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porterโ€™s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining Power of Buyers

3.1.3. Threat of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Truck Rental Market, by Truck Type

5.1. Introduction

5.2. Heavy Commercial Truck

5.2.1. Market Estimates & Forecast, 2024โ€“2030

5.2.2. Market Estimates & Forecast, by Region, 2024โ€“2030

5.3. Light Commercial Truck

5.3.1. Market Estimates & Forecast, 2024โ€“2030

5.3.2. Market Estimates & Forecast, by Region, 2024โ€“2030

6. Global Truck Rental Market, by Lease Type

6.1. Introduction

6.2. Finance Lease

6.2.1. Market Estimates & Forecast, 2024โ€“2030

6.2.2. Market Estimates & Forecast, by Region, 2024โ€“2030

6.3. Full-Service Lease

6.3.1. Market Estimates & Forecast, 2024โ€“2030

6.3.2. Market Estimates & Forecast, by Region, 2024โ€“2030

7. Global Truck Rental Market, by Region

7.1. Introduction

7.2. North America

7.2.1. Market Estimates & Forecast, by Country, 2024โ€“2030

7.2.2. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.2.3. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.2.4. Us

7.2.4.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.2.4.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.2.5. Canada

7.2.5.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.2.5.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.3. Europe

7.3.1. Market Estimates & Forecast, by Country, 2024โ€“2030

7.3.2. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.3.3. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.3.4. UK

7.3.4.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.3.4.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.3.5. Germany

7.3.5.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.3.5.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.3.6. France

7.3.6.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.3.6.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.3.7. Italy

7.3.7.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.3.7.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.3.8. Rest of Europe

7.3.8.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.3.8.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.4. Asia-Pacific

7.4.1. Market Estimates & Forecast, by Country, 2024โ€“2030

7.4.2. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.4.3. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.4.4. China

7.4.4.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.4.4.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.4.5. Japan

7.4.5.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.4.5.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.4.6. India

7.4.6.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.4.6.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.4.7. Rest of Asia-Pacific

7.4.7.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.4.7.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.5. Rest of the World

7.5.1. Market Estimates & Forecast, by Region, 2024โ€“2030

7.5.2. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.5.3. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.5.4. Middle East & Africa

7.5.4.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.5.4.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

7.5.5. Latin America

7.5.5.1. Market Estimates & Forecast, by Truck Type, 2024โ€“2030

7.5.5.2. Market Estimates & Forecast, by Lease Type, 2024โ€“2030

8. Competitive Landscape

9. Company Profile

9.1. AMERCO (US)

9.1.1. Company Overview

9.1.2. Products/Services Offered

9.1.3. Financial Overview

9.1.4. Key Developments

9.1.5. Key Strategies

9.1.6. Swot Analysis

9.2. PACCAR Leasing Company (US)

9.2.1. Company Overview

9.2.2. Products/Services Offered

9.2.3. Financial Overview

9.2.4. Key Developments

9.2.5. Key Strategies

9.2.6. Swot Analysis

9.3. Penske Truck Leasing Co., L.P. (US)

9.3.1. Company Overview

9.3.2. Products/Services Offered

9.3.3. Financial Overview

9.3.4. Key Developments

9.3.5. Key Strategies

9.3.6. Swot Analysis

9.4. Ryder System, Inc. (US)

9.4.1. Company Overview

9.4.2. Products/Services Offered

9.4.3. Financial Overview

9.4.4. Key Developments

9.4.5. Key Strategies

9.4.6. Swot Analysis

9.5. Sixt SE (Germany)

9.5.1. Company Overview

9.5.2. Products/Services Offered

9.5.3. Financial Overview

9.5.4. Key Developments

9.5.5. Key Strategies

9.5.6. Swot Analysis

9.6. United Rentals, Inc. (US)

9.6.1. Company Overview

9.6.2. Products/Services Offered

9.6.3. Financial Overview

9.6.4. Key Developments

9.6.5. Key Strategies

9.6.6. Swot Analysis

9.7. Almano (US)

9.7.1. Company Overview

9.7.2. Products/Services Offered

9.7.3. Financial Overview

9.7.4. Key Developments

9.7.5. Key Strategies

9.7.6. Swot Analysis

9.8. Advantage Rent-a-car (US)

9.8.1. Company Overview

9.8.2. Products/Services Offered

9.8.3. Financial Overview

9.8.4. Key Developments

9.8.5. Key Strategies

9.8.6. Swot Analysis

9.9. Avis Budget Group Inc. (US)

9.9.1. Company Overview

9.9.2. Products/Services Offered

9.9.3. Financial Overview

9.9.4. Key Developments

9.9.5. Key Strategies

9.9.6. Swot Analysis

9.10. Budget Car Rental (US)

9.10.1. Company Overview

9.10.2. Products/Services Offered

9.10.3. Financial Overview

9.10.4. Key Developments

9.10.5. Key Strategies

9.10.6. Swot Analysis

9.11. MAX Rental.lu AG (Luxembourg)

9.11.1. Company Overview

9.11.2. Products/Services Offered

9.11.3. Financial Overview

9.11.4. Key Developments

9.11.5. Key Strategies

9.11.6. Swot Analysis

9.12. Europcar (UK)

9.12.1. Company Overview

9.12.2. Products/Services Offered

9.12.3. Financial Overview

9.12.4. Key Developments

9.12.5. Key Strategies

9.12.6. Swot Analysis

List of Tables

Table 1 Global Truck Rental Market, by Region, 2024โ€“2030

Table 2 North America: Truck Rental Market, by Country, 2024โ€“2030

Table 3 Europe: Truck Rental Market, by Country, 2024โ€“2030

Table 4 Asia-Pacific: Truck Rental Market, by Country, 2024โ€“2030

Table 5 RoW: Truck Rental Market, by Region, 2024โ€“2030

Table 6 Global Truck Rental Market, by Truck Type, by Regions, 2024โ€“2030

Table 7 North America: Truck Rental Market, by Truck Type, by Country, 2024โ€“2030

Table 8 Europe: Truck Rental Market, by Truck Type, by Country, 2024โ€“2030

Table 9 Asia-Pacific: Truck Rental Market, by Truck Type, by Country, 2024โ€“2030

Table 10 RoW: Truck Rental Market, by Truck Type, by Country, 2024โ€“2030

Table 11 Global Truck Rental Market, by Lease Type, by Regions, 2024โ€“2030

Table 12 North America: Truck Rental Market, by Lease Type, by Country, 2024โ€“2030

Table 13 Europe: Truck Rental Market, by Lease Type, by Country, 2024โ€“2030

Table 14 Asia-Pacific: Truck Rental Market, by Lease Type, by Country, 2024โ€“2030

Table 15 RoW: Truck Rental Market, by Lease Type, by Country, 2024โ€“2030

List of Figures

Figure 1 Research Process of MRFR

Figure 2 Top-Down and Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter's Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Truck Rental Market Share, by Truck Type, 2021 (%)

Figure 9 Global Truck Rental Market, by Truck Type, 2024โ€“2030 (USD MILLION)

Figure 10 Global Truck Rental Market Share, by Lease Type, 2021 (%)

Figure 11 Global Truck Rental Market, by Lease Type, 2024โ€“2030 (USD MILLION)

Figure 12 Global Truck Rental Market Share (%), by Region, 2021

Figure 13 Global Truck Rental Market, by Region, 2024โ€“2030 (USD MILLION)

Figure 14 North America: Truck Rental Market Share (%), 2021

Figure 15 North America: Truck Rental Market, by Country, 2024โ€“2030 (USD MILLION)

Figure 16 Europe: Truck Rental Market Share (%), 2021

Figure 17 Europe: Truck Rental Market, by Country, 2024โ€“2030 (USD MILLION)

Figure 18 Asia-Pacific: Truck Rental Market Share (%), 2021

Figure 19 Asia-Pacific: Truck Rental Market, by Country, 2024โ€“2030 (USD MILLION)

Figure 20 Rest of the World: Truck Rental Market Share (%), 2021

Figure 21 Rest of the World: Truck Rental Market, by Country

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