Equipment Finance - Global Strategic Business Report

The global market for Equipment Finance is estimated at US$1.3 Trillion in 2023 and is projected to reach US$2.1 Trillion by 2030, growing at a CAGR of 7.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the equipment finance market is driven by several factors. Firstly, the increasing need for businesses to stay competitive by adopting advanced technologies and equipment necessitates substantial investment, which is often facilitated through equipment financing. Secondly, the continuous expansion of key industries such as construction, healthcare, and IT, where equipment is a significant operational component, fuels the demand for financing solutions. Thirdly, the growing emphasis on sustainability and the transition to green technologies require substantial capital investment in new, environmentally friendly equipment, further driving the need for financing.

Additionally, the development of innovative financing solutions, such as vendor finance programs and usage-based financing, is attracting more businesses by offering tailored and flexible payment options. The improving economic conditions and rising business confidence are also contributing to the increased uptake of equipment finance as companies look to invest in growth and expansion. Finally, the advancements in digitalization and the integration of fintech solutions in the equipment finance sector are enhancing the accessibility and efficiency of financing, thereby supporting market growth.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Equipment Loan segment, which is expected to reach US$1.4 Trillion by 2030 with a CAGR of a 7.5%. The Equipment Lease segment is also set to grow at 8.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $348.0 Billion in 2023, and China, forecasted to grow at an impressive 11.9% CAGR to reach $472.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Equipment Finance Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Equipment Finance Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Equipment Finance Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as AB Volvo, Accord Financial Corporation, Bank of America Corporation, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 86 Featured):

• AB Volvo
• Accord Financial Corporation
• Bank of America Corporation
• Caterpiller, Inc.
• CNH Industrial Capital America LLC
• Crest Capital
• Deer & Company
• First Citizens Bancshares, Inc.
• JPMorgan Chase & Co.
• Keystone Equipment Finance Corporation
• Komatsu Limited
• OnDeck, Inc.
• Smarter Finance USA
• The PNC Financial Services Group, Inc.
• Wells Fargo