Truck Rental Market Information by Truck Type (Heavy Commercial Vehicle and Light Commercial
Vehicle), Lease Type (Finance Lease and Full-Service Lease), and by Region (North America, Europe,
Asia-Pacific, and the Rest of the World)- Forecast till 2024
The truck rental market is anticipated to grow rapidly at a CAGR of 15.3% during the forecast period.
The global truck rental market is driven by continuously increasing demand for trucks from different
industry verticals and rapid population growth. These factors have helped shape the truck rental market
and are expected to boost the growth. Companies in the truck rental market could also face challenges
such as hidden operational risks as well as lack of service truck rental providers. The details covered in
the global market report cover all the aspects of the industry. truck rental market analysts have also
shared growth projections in the report and have suggested truck rental market players to plan growth
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The global truck rental market has been segmented based on truck type and lease type. On the basis of
truck type, the market for truck rental is segmented based on heavy commercial vehicle and light
commercial vehicle. Additionally, the market on the basis of lease type, is segmented into finance lease
and full-service lease.
Factors like cost cutting measures and cost efficient fleet solutions support the truck rental market
growth. The performance of the truck rental market has also been studied for the past and current
years. Additionally, the truck rental market report provides analysis of these segments. The truck rental
market segmental analysis provided in the report offers major details about the truck rental market
performance and future.
Companies in the truck rental market are spread across the world. The truck rental market report
provides major information about reg