Finance Lease Market To Witness A Significant Growth Of USD 324.40 Billion By 2030Posted by Neha Bora on October 12th, 2023 San Francisco, 12 Oct 2023: The Report Finance Lease Market Size, Share & Trends Analysis Report By Product (International Business, Domestic Business), By Type (Banks, Non-banks), By Application (IT & Telecom, Medical Devices), By Region, And Segment Forecasts, 2022 - 2030 The global finance lease market size is expected to reach USD 324.40 billion by 2030, growing at a CAGR of 5.1% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The market is anticipated to be driven by several advantages offered by finance leasing over traditional borrowing methods, including higher margins, tax advantages, and inflation-friendly and secure investments. Furthermore, the massive demand for new commercial models and branded equipment across the globe has become one of the significant factors driving the growth. Benefits offered by leasing finance company services to lessees such as temporary occupant of the property, cost-effective method of acquiring assets, and others drive the market growth. Furthermore, it helps to free up working capital enabling the lessee to spend on its core tasks. On the other hand, the lessor, the legal owner of the asset or property, can recoup the cost of the asset and earn interest on the rental payments by the lessee. The finance lease accounting assists businesses with capital constraints in obtaining highly-priced assets. The finance lease market still faces a few market constraints, such as the risks associated with exchange rate fluctuations. Furthermore, the difficulties encountered due to varying regulatory scenarios in different countries may also prevent finance lease service providers from offering global finance lease services. The global COVID-19 pandemic has been favorable to market growth. Finance leasing has allowed SMEs and other businesses to grow significantly with the assistance of leasing options. Furthermore, the growing tendency of companies to finance equipment and software, aided by the Federal Reserve's interest rate reductions, is expected to create new growth opportunities for the finance leasing industry during the forecast period. Access Research Report of Finance Lease Market @ https://www.grandviewresearch.com/industry-analysis/finance-lease-market Finance Lease Market Report Highlights
Finance Lease Market Report Scope
List of Key Players in the Finance Lease Market
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