表纸
市场调查报告书

自动贷款的全球市场:成长率、市场趋势、课题分析

Automotive Financing Market - Growth, Trends, and Forecast (2020 - 2025)

出版商 Mordor Intelligence LLP 商品编码 544371
出版日期 内容资讯 英文 70 Pages
商品交期: 2-3个工作天内
价格
自动贷款的全球市场:成长率、市场趋势、课题分析 Automotive Financing Market - Growth, Trends, and Forecast (2020 - 2025)
出版日期: 2020年02月01日内容资讯: 英文 70 Pages
简介

本报告提供全球自动贷款 (汽车财政) 市场相关分析,市场基本结构和最新形势,主要的市场的推动及阻碍要素,各类型、各目的、各车种、各地区的市场趋势预测,主要企业简介、业绩、市场占有率,今后的市场机会等调查。

第1章 简介

第2章 摘要整理

第3章 市场概要、趋势

  • 简介
  • 市场趋势
  • 波特的五力分析

第4章 市场动态

  • 市场的推动要素
  • 市场的阻碍要素
  • 市场机会

第5章 全球自动贷款市场:各种类的明细 (市场范围、融资可能性、受欢迎度)

  • 汽车厂商
  • 银行
  • 金融机关
  • 其他

第6章 全球自动贷款市场:各目的明细 (成长率、趋势、预测)

  • 贷款
  • 租赁
  • 其他

第7章 全球自动贷款市场:各车种的明细 (趋势、方案)

  • 小客车
  • 商用车
  • 其他

第8章 全球自动贷款市场:各地区的明细 (成长率、趋势、预测)

  • 北美 (美国,加拿大,墨西哥等)
  • 南美 (巴西,阿根廷等)
  • 亚太地区 (中国,日本,印度等)
  • 欧洲 (英国,德国,法国等)
  • 非洲、中东 (UAE,南非,沙乌地阿拉伯,伊朗等)

第9章 竞争环境

  • 简介
  • 市场占有率分析
  • 主要企业趋势

第10章 主要供应商分析

第11章 市场未来展望

第12章 免责声明

本网页内容可能与最新版本有所差异。详细情况请与我们联系。

目录
Product Code: 49425

The automotive financing market is anticipated to register a CAGR of over 4%, during the forecast period (2020 - 2025).

  • The growing innovation in e-commerce is reshaping the car shopping and financing process into a quick and easy experience for customers. The increasing number of innovative ways is expected to make an auto finance ecosystem, where digital companies will take hold of the sales and financing process, and specialized players occupy various parts of the value chain.
  • The automotive financing market has already matured in industrialized nations, however, there are untapped opportunities in developing countries, where the market has extremely low penetration. One of the chief reasons for low automobile sales in African countries is the unavailability of options for finance.
  • According to the survey and research conducted by J.D. Power, the New vehicle retail sales in January 2019 are expected to fall, when compared to 2018. Retail sales are projected to reach 864,300 units, a 2.4% decrease, when compared with January 2018. The seasonally adjusted annualized rate (SAAR) for retail sales is expected to be 13.2 million units, down 451,100 from 2018.

Key Market Trends

Attractive Financing Schemes Driving the Passenger Car Sales

The interest rate of new cars are at one of their lowest point in the past three years. However, the average new-car loan now charges approximately 12% less interest than the average used-car loan. Earlier, financial institutions/banks used to finance only 70-80% of the total vehicle price, however, nowadays, these institutions/banks offer 100% finance of the vehicle, due to which people are showing more interest in buying a new car over the used car. The average interest rate for such buyers has risen nearly 39%, since Q1 2016.

The demand for car finance is also increasing, as different banks/OEMs, credit union, etc., provide customers numerous options of financing at attractive interest rates. For instance -

  • Credit unions financing rates are ~17%
  • Car manufacturers/OEMs financing rates are ~13%
  • Regional banks financing rates are ~8%
  • Community and small banks financing rates are ~10%

Asia-Pacific - Leading the Auto Financing Market

The automotive financing market is led by Asia-Pacific, followed by North America and Europe. The loan market for second-hand cars is expected to grow at a faster pace, on account of increased demand from Asia-Pacific. The premium car segment, which has been witnessing fast growth over the past few years with customers opting for luxury brands (owing to low loan interest rates, improved standard of living, and people perceiving luxury cars to be a status symbol), is expected to register strong sales.

In 2016, Americans applied for and racked up USD 564.6 billion in auto loans. By the end of 2017, that number had jumped to USD 568.6 billion. The auto loan industry has seen consistent gains with no signs of slowing over the past six years.

The Federal Reserve is now starting to raise interest rates, and since rates heavily influence car demand, it could curb car buyers' enthusiasm, given how many consumers are taking up debts to purchase new vehicles. As the delinquencies rise, so does the risk that a glut of car repossessions will drag down the value of used cars, which, in turn, creates demand for new cars.

Competitive Landscape

The automotive financing market is fragmented and dominated by various players which include Bank of America Corporation, Ally Financial Inc, Hitachi Capital Asia Pacific Pte. Ltd., Toyota Financial Services, and HSBC Holdings plc, among others. The companies are making partnerships, expanding their services, and offering new financing options. For instance;

  • Hyundai Motor Group has announced a USD 300 million investment into Ola, as the car manufacturer expands into providing mobility solutions and related fleet services. The partnership will offer Ola drivers various financial services, including lease and installment payments, while access to vehicle maintenance and repair services will improve reliability, vehicle quality, and customer satisfaction.
  • Mazda Australia has confirmed a partnership with Toyota Finance Australia that will provide a range of services to dealers under the Mazda Finance brand. The new partnership is set to involve both wholesale finance and retail finance.

Reasons to Purchase this report:

  • The market estimate (ME) sheet in Excel format
  • Report customization as per the client's requirements
  • 3 months of analyst support

Table of Contents

1 INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 New Car
    • 5.1.2 Used Car
  • 5.2 Source Type
    • 5.2.1 OEMs
    • 5.2.2 Banks
    • 5.2.3 Credit Unions
    • 5.2.4 Financial Institutions
  • 5.3 Purpose Type
    • 5.3.1 Loan
    • 5.3.2 Lease
  • 5.4 Vehicle Type
    • 5.4.1 Passenger Cars
    • 5.4.2 Commercial Vehicles
  • 5.5 Geography
    • 5.5.1 North America
      • 5.5.1.1 United States
      • 5.5.1.2 Canada
      • 5.5.1.3 Rest of North America
    • 5.5.2 Europe
      • 5.5.2.1 Germany
      • 5.5.2.2 United Kingdom
      • 5.5.2.3 France
      • 5.5.2.4 Rest of Europe
    • 5.5.3 Asia-Pacific
      • 5.5.3.1 China
      • 5.5.3.2 Japan
      • 5.5.3.3 India
      • 5.5.3.4 Rest of Asia-Pacific
    • 5.5.4 Rest of the World
      • 5.5.4.1 South America
      • 5.5.4.2 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 Bank of America Corporation
    • 6.2.2 Ally Financial Inc
    • 6.2.3 Hitachi Capital Asia Pacific Pte. Ltd.
    • 6.2.4 HSBC Holdings plc
    • 6.2.5 HDFC Bank Limited
    • 6.2.6 ICBC (Industrial and Commercial Bank of India)
    • 6.2.7 Bank of China
    • 6.2.8 Capital One Financial Corporation
    • 6.2.9 Wells Fargo & Co
    • 6.2.10 Toyota Financial Services
    • 6.2.11 BNP Paribas SA
    • 6.2.12 Volkswagen AG
    • 6.2.13 Mercedes-Benz Financial Services (Daimler AG
    • 6.2.14 Standard Bank Group Ltd
    • 6.2.15 Banco Bradesco SA

7 MARKET OPPORTUNITIES AND FUTURE TRENDS