To gather both qualitative and quantitative information, the primary research process involved interviewing players from both the supply and demand sides. Chief Executive Officers, Vice Presidents, and Directors of Commercial Leasing, Fleet Operations, and Telematics Technology from automobile original equipment manufacturers (OEMs), fleet management service providers, and fleet leasing firms made up the supply side. Transportation directors, purchasing managers, logistics coordinators for Fortune 500 businesses, rental fleet operators, mobility solution managers in the pharmaceutical, delivery, and utilities industries, and corporate fleet managers made up the demand-side sources. Primary research provided evidence of market segmentation based on lease type, verified when electrification will occur, and uncovered information about fleet utilization trends, initiatives to optimize total cost of ownership (TCO), and the dynamics of telematics integration.
Primary Respondent Breakdown:
By Company Tier: Tier 1 (38%), Tier 2 (40%), Tier 3 (22%)
By Designation: C-level Primaries (28%), Director Level (35%), Others (37%)
By Region: North America (32%), Europe (30%), Asia-Pacific (28%), Rest of World (10%)
[Note: Tier 1 = >USD 5B fleet assets under management; Tier 2 = USD 500M-5B; Tier 3 =
Global market valuation was derived through fleet size mapping and lease revenue analysis. The methodology included:
Identification of 60+ key fleet leasing providers and OEM captive finance companies across North America, Europe, Asia-Pacific, and Latin America
Product mapping across open-ended leases, close-ended leases, and operational lease structures for passenger cars, SUVs/sedans, LCVs, and HCVs
Analysis of reported and modeled annual revenues specific to fleet leasing portfolios and commercial vehicle rental divisions
Coverage of fleet operators representing 75-80% of global leased fleet volume in 2024
Extrapolation using bottom-up (fleet vehicle count × average lease value by country/region) and top-down (leasing company revenue validation) approaches to derive segment-specific valuations for closed-ended lease agreements, open-ended commercial fleets, and electric vehicle transition leasing programs