The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The emergence of start-ups as major leasing service provider clients is expected to drive innovation in machinery leasing manufacturing, thereby driving the market during the forecast period.

The global machinery leasing market is expected to grow from $372.83 billion in 2022 to $406.76 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The machinery leasing market is expected to grow to $560.72 billion in 2027 at a CAGR of 8.4%.

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Global Machinery Leasing Market Segments Include:

• By Type: Heavy Construction Machinery Rental, Commercial Air, Rail, and Water Transportation Equipment Rental, Mining, Oil And Gas, And Forestry Machinery And Equipment Rental, Office Machinery And Equipment Rental, Other Commercial And Industrial Machinery And Equipment Rental
• By Mode: Online, Offline
• By Lease Type: Closed Ended Lease, Option to Buy Lease, Sub-Vented Lease, Other Lease Types
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global machinery leasing market in 2021.

Major Market Players in the machinery leasing market include General Electric Company, United Rentals Inc., Tokyo Century, Berkshire Hathaway Inc., Ashtead Group plc, AerCap Holdings N.V., Fuyo General Lease Co., Ltd.

Manufacturing companies are increasingly leasing 3D printing equipment. A 3D printer is a computer-aided manufacturing device that produces three-dimensional objects by taking digital data from a computer and building a three-dimensional model out of custom material. Manufacturers are becoming more familiar with industrial-grade 3D printers, which is increasing the popularity of 3D printing. Industrial-grade 3D printers can print large products with high precision and in a variety of materials. Rather than purchasing, 3D printer leasing can reduce the manufacturer’s overall cost. Divide by Zero Technologies, for example, rents out 3D printers to customers in India.

The Machinery Leasing Global Market Report 2023  provides a machinery leasing market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The machinery leasing market forecast analyzes machinery leasing market size, machinery leasing market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Machinery leasing is the process of acquiring commercial and industrial-type machinery, vehicles, or other equipment for short-term use in exchange for periodic payments made to the machinery owner as leasing rent. Lower monthly payments than with a loan, tax advantages, a fixed financing rate instead of a floating rate, conserving working capital and avoiding cash-devouring down payments, and gaining immediate access to the most up-to-date business tools are all advantages of machinery leasing.

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