Truck Leasing in the UK: Market profile and forecasts

Date: 2015-11

“This report reviews the UK truck leasing industry. It quantifies the market size and historical growth rates while analysing the trends behind these figures and exploring key success factors and drivers of profitability for operators in the market – looking at independents OEM captives and financial players.
We also carry out an in-depth analysis of the drivers of industry growth – in particular relevant economic and market indicators such as levels of manufacturing output, truck parc, road freight moved and leasing penetration. Our analysis of historical trends and forecasts is anchored in this information.

Why is it useful?
The UK truck leasing market has been affected by the economic downturn with manufacturing output down and fewer trucks on the road. However, new truck registrations, which decreased sharply in 2009, have now recovered to approach pre-recession levels.
Leasing companies have adapted their business models to reduce costs and exploit incremental sources of revenue.
We believe that, in order for those involved in the market to make the best decisions in this complex and changing environment, they need to have access to the best information and understanding of the trends and drivers. The aim of this report is to provide this.
It is intended for truck leasing companies themselves as well as investors and others considering entering the market, banks, analysts, consultants and other advisors with interests in the sector.

What are the sources and methodology?
This report is based on:
Publicly available data including company annual reports, websites, press releases and government statistics.
Interviews with senior-level contacts in the market.
In-depth analysis of the macroeconomic environment and other relevant market drivers.
Information from these sources has been synthesised and presented clearly and concisely with extensive use of charts and tables to illuminate points and support conclusions. ”

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