Automotive Finance is the finance service provider by third parties that allows the customers to own a car without paying a lumpsum payment to the dealership. However, customers have to pay interest for the loan that is subjected to the stated interest rate.
While nations such as U.S., Canada, The U.K. are advanced in the industry growth rate in this region is low. The production is projected to witness remarkable growth in emerging economies such as Brazil, Russia, China, and India. The growth can be attributed to several factors such as a rise in population, proportion of progressing middle class, limited buying capacity, and realization of benefits of auto financing among them.
In 2019, the market size of Automotive Finance is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automotive Finance.
This report studies the global market size of Automotive Finance, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Automotive Finance production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Toyota Motor Credit
GM Financial Inc
Volkswagen Financial Services Inc.
Banque PSA Finance
Honda Financial Services
GMAC (Ally Financial)
Dongfeng Peugeot Citroen Auto Finance Co. Ltd
Chery Huiyin Automobile Finance Co. Ltd.
TATA Motor Finance
Market Segment by Product Type
Market Segment by Application
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Automotive Finance status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Automotive Finance manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Automotive Finance are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025