How big is the Europe Medium and Heavy Duty Truck Rental Leasing Market?

The Europe Medium and Heavy Duty Truck Rental Leasing Market size is expected to reach USD 71.76 billion in 2024 and grow at a CAGR of 6.20% to reach USD 96.94 billion by 2029. Read More

What is the current Europe Medium and Heavy Duty Truck Rental Leasing Market size?

In 2024, the Europe Medium and Heavy Duty Truck Rental Leasing Market size is expected to reach USD 71.76 billion. Read More

Who are the key players in Europe Medium and Heavy Duty Truck Rental Leasing Market?

Fraikin, Penske Truck Leasing, MAN Financial Services, Paccar Leasing GmbH and TIP Trailer Services Germany GmbH are the major companies operating in the Europe Medium and Heavy Duty Truck Rental Leasing Market. Read More

Which is the fastest growing region in Europe Medium and Heavy Duty Truck Rental Leasing Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Europe Medium and Heavy Duty Truck Rental Leasing Market?

In 2024, the Europe accounts for the largest market share in Europe Medium and Heavy Duty Truck Rental Leasing Market. Read More

What years does this Europe Medium and Heavy Duty Truck Rental Leasing Market cover, and what was the market size in 2023?

In 2023, the Europe Medium and Heavy Duty Truck Rental Leasing Market size was estimated at USD 67.57 billion. The report covers the Europe Medium and Heavy Duty Truck Rental Leasing Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe Medium and Heavy Duty Truck Rental Leasing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Medium and Heavy Duty Truck Rental Leasing Market Share

Statistics for the 2023 & 2024 Europe Medium and Heavy Duty Truck Rental Leasing market share, created by Mordor Intelligence™ Industry Reports. Europe Medium and Heavy Duty Truck Rental Leasing share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe Medium and Heavy Duty Truck Rental Leasing Industry

Some prominent truck rental leasing service providers include Penske Truck Leasing Inc., Paccar Leasing GmbH, Fraikin, Tip Trailer Services Germany GmbH, Man Financial Services/euro-leasing, and others. The intensity of competition in the market studied is high, as truck rental firms, as well as truck OEMs that offer rental services, have been rigorously promoting their fleet management services to customers.

In April 2022, Free2move acquired the first metasearch for van and truck rental Comparateur-location-utilitaire.fr to expand and improve its rental services of commercial vehicles to private customers and B2B clients.

In April 2021, United Rentals Inc. signed an agreement to acquire General Finance Corporation for USD 19 per share in cash, representing a total enterprise value of approximately USD 996 million, including the assumption of USD 400 million net debt. This acquisition stabilizes its geographical presence by expanding rental services in the region.