Global Automotive Finance Market Size & Outlook, 2023-2030
Global automotive finance market, 2017-2030 (US$B)
Related Markets
Global automotive finance market highlights
- The global automotive finance market generated a revenue of USD 276.6 billion in 2023 and is expected to reach USD 451.7 billion by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.3% by 2030.
- In terms of segment, banks accounted for a revenue of USD 157.3 billion in 2023.
- OEMs is the most lucrative provider type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 276.6 billion |
| Market revenue in 2030 | USD 451.7 billion |
| Growth rate | 7.3% (CAGR from 2023 to 2030) |
| Largest segment | Banks |
| Fastest growing segment | OEMs |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Banks, OEMs, Other Financial Institutions |
Other key industry trends
- In terms of revenue, the North America accounted for 28.4% of the global automotive finance market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 96.8 billion by 2030.
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Automotive Finance Market Scope
Automotive Finance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global automotive finance market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive finance market will help companies and investors design strategic landscapes.
Banks was the largest segment with a revenue share of 56.87% in 2023. Horizon Databook has segmented the Global automotive finance market based on banks, oems, other financial institutions covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Automotive Finance Provider Type Outlook (Revenue, USD Billion, 2017-2030)
- Banks
- OEMs
- Other Financial Institutions
- Global Automotive Finance Finance Type Outlook (Revenue, USD Billion, 2017-2030)
- Direct
- Indirect
- Global Automotive Finance Purpose Type Outlook (Revenue, USD Billion, 2017-2030)
- Loan
- Leasing
- Others
- Global Automotive Finance Vehicle Type Outlook (Revenue, USD Billion, 2017-2030)
- Commercial Vehicles
- Passenger Vehicles
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Target buyers of Global automotive finance market databook
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Our clientele includes a mix of automotive finance market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive finance market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive finance market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global automotive finance market size, by region, 2017-2030 (US$B)
Top 10 countries: Automotive finance market size, 2023 (US$B)
Global automotive finance market share, by provider type, 2023 & 2030 (%, US$B)
Automotive finance market: Opportunity assessment by country
Global automotive finance market, by region, 2023 (US$B)
Related regional statistics
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