Selected research
Industry Research
Truck Rental and Leasing Industry Research Report 2026
Market perspective
The global Truck Rental and Leasing market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Truck Rental and Leasing market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Truck Rental and Leasing market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Truck Rental and Leasing market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Truck Rental and Leasing include Paccar, Penske, Ryder, The Larson Group, Mendon Trucks Leasing and Rental, Kris-Way Truck Leasing, TEC Equipment, Inc, DeCarolis Truck Rental, Inc and PEMA GmbH, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Truck Rental and Leasing market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Truck Rental and Leasing.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Truck Rental and Leasing Market by Company
Paccar
Penske
Ryder
The Larson Group
Mendon Trucks Leasing and Rental
Kris-Way Truck Leasing
TEC Equipment, Inc
DeCarolis Truck Rental, Inc
PEMA GmbH
Hertz
Thrifty
Europcar
Avis
Idealease Inc
Budget
NIPPON RENT-A-CAR
Truck Rental and Leasing Segment by Type
Light Duty Trucks
Medium Duty Trucks
Heavy Duty Trucks
Truck Rental and Leasing Segment by Application
Personal Leasing
Enterprise Leasing
Truck Rental and Leasing Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Truck Rental and Leasing market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Truck Rental and Leasing and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Truck Rental and Leasing.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Truck Rental and Leasing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Light Duty Trucks
- Medium Duty Trucks
- Heavy Duty Trucks
Applications
- Personal Leasing
- Enterprise Leasing
Companies covered
- Paccar
- Penske
- Ryder
- The Larson Group
- Mendon Trucks Leasing and Rental
- Kris-Way Truck Leasing
- TEC Equipment, Inc
- DeCarolis Truck Rental, Inc
- PEMA GmbH
- Hertz
- Thrifty
- Europcar
- Avis
- Idealease Inc
- Budget
- NIPPON RENT-A-CAR
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Truck Rental and Leasing by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Light Duty Trucks
- 2.2.3 Medium Duty Trucks
- 2.2.4 Heavy Duty Trucks
- 2.3 Truck Rental and Leasing by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Personal Leasing
- 2.3.3 Enterprise Leasing
- 2.4 Assumptions and Limitations
3 Truck Rental and Leasing Breakdown Data by Type
- 3.1 Global Truck Rental and Leasing Historic Market Size by Type (2021-2026)
- 3.2 Global Truck Rental and Leasing Forecasted Market Size by Type (2027-2032)
4 Truck Rental and Leasing Breakdown Data by Application
- 4.1 Global Truck Rental and Leasing Historic Market Size by Application (2021-2026)
- 4.2 Global Truck Rental and Leasing Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Truck Rental and Leasing Market Perspective (2021-2032)
- 5.2 Global Truck Rental and Leasing Growth Trends by Region
- 5.2.1 Global Truck Rental and Leasing Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Truck Rental and Leasing Historic Market Size by Region (2021-2026)
- 5.2.3 Truck Rental and Leasing Forecasted Market Size by Region (2027-2032)
- 5.3 Truck Rental and Leasing Market Dynamics
- 5.3.1 Truck Rental and Leasing Industry Trends
- 5.3.2 Truck Rental and Leasing Market Drivers
- 5.3.3 Truck Rental and Leasing Market Challenges
- 5.3.4 Truck Rental and Leasing Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Truck Rental and Leasing Players by Revenue
- 6.1.1 Global Top Truck Rental and Leasing Players by Revenue (2021-2026)
- 6.1.2 Global Truck Rental and Leasing Revenue Market Share by Players (2021-2026)
- 6.2 Global Truck Rental and Leasing Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Truck Rental and Leasing Head Office and Area Served
- 6.4 Global Truck Rental and Leasing Players, Product Type & Application
- 6.5 Global Truck Rental and Leasing Manufacturers Established Date
- 6.6 Global Truck Rental and Leasing Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Truck Rental and Leasing Market Size (2021-2032)
- 7.2 North America Truck Rental and Leasing Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Truck Rental and Leasing Market Size by Country (2021-2026)
- 7.4 North America Truck Rental and Leasing Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Truck Rental and Leasing Market Size (2021-2032)
- 8.2 Europe Truck Rental and Leasing Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Truck Rental and Leasing Market Size by Country (2021-2026)
- 8.4 Europe Truck Rental and Leasing Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Truck Rental and Leasing Market Size (2021-2032)
- 9.2 Asia-Pacific Truck Rental and Leasing Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Truck Rental and Leasing Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Truck Rental and Leasing Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Truck Rental and Leasing Market Size (2021-2032)
- 10.2 South America Truck Rental and Leasing Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Truck Rental and Leasing Market Size by Country (2021-2026)
- 10.4 South America Truck Rental and Leasing Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Truck Rental and Leasing Market Size (2021-2032)
- 11.2 Middle East & Africa Truck Rental and Leasing Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Truck Rental and Leasing Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Truck Rental and Leasing Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Paccar
- 12.1.1 Paccar Company Information
- 12.1.2 Paccar Business Overview
- 12.1.3 Paccar Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.1.4 Paccar Truck Rental and Leasing Product Portfolio
- 12.1.5 Paccar Recent Developments
- 12.2 Penske
- 12.2.1 Penske Company Information
- 12.2.2 Penske Business Overview
- 12.2.3 Penske Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.2.4 Penske Truck Rental and Leasing Product Portfolio
- 12.2.5 Penske Recent Developments
- 12.3 Ryder
- 12.3.1 Ryder Company Information
- 12.3.2 Ryder Business Overview
- 12.3.3 Ryder Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.3.4 Ryder Truck Rental and Leasing Product Portfolio
- 12.3.5 Ryder Recent Developments
- 12.4 The Larson Group
- 12.4.1 The Larson Group Company Information
- 12.4.2 The Larson Group Business Overview
- 12.4.3 The Larson Group Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.4.4 The Larson Group Truck Rental and Leasing Product Portfolio
- 12.4.5 The Larson Group Recent Developments
- 12.5 Mendon Trucks Leasing and Rental
- 12.5.1 Mendon Trucks Leasing and Rental Company Information
- 12.5.2 Mendon Trucks Leasing and Rental Business Overview
- 12.5.3 Mendon Trucks Leasing and Rental Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.5.4 Mendon Trucks Leasing and Rental Truck Rental and Leasing Product Portfolio
- 12.5.5 Mendon Trucks Leasing and Rental Recent Developments
- 12.6 Kris-Way Truck Leasing
- 12.6.1 Kris-Way Truck Leasing Company Information
- 12.6.2 Kris-Way Truck Leasing Business Overview
- 12.6.3 Kris-Way Truck Leasing Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.6.4 Kris-Way Truck Leasing Truck Rental and Leasing Product Portfolio
- 12.6.5 Kris-Way Truck Leasing Recent Developments
- 12.7 TEC Equipment, Inc
- 12.7.1 TEC Equipment, Inc Company Information
- 12.7.2 TEC Equipment, Inc Business Overview
- 12.7.3 TEC Equipment, Inc Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.7.4 TEC Equipment, Inc Truck Rental and Leasing Product Portfolio
- 12.7.5 TEC Equipment, Inc Recent Developments
- 12.8 DeCarolis Truck Rental, Inc
- 12.8.1 DeCarolis Truck Rental, Inc Company Information
- 12.8.2 DeCarolis Truck Rental, Inc Business Overview
- 12.8.3 DeCarolis Truck Rental, Inc Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.8.4 DeCarolis Truck Rental, Inc Truck Rental and Leasing Product Portfolio
- 12.8.5 DeCarolis Truck Rental, Inc Recent Developments
- 12.9 PEMA GmbH
- 12.9.1 PEMA GmbH Company Information
- 12.9.2 PEMA GmbH Business Overview
- 12.9.3 PEMA GmbH Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.9.4 PEMA GmbH Truck Rental and Leasing Product Portfolio
- 12.9.5 PEMA GmbH Recent Developments
- 12.10 Hertz
- 12.10.1 Hertz Company Information
- 12.10.2 Hertz Business Overview
- 12.10.3 Hertz Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.10.4 Hertz Truck Rental and Leasing Product Portfolio
- 12.10.5 Hertz Recent Developments
- 12.11 Thrifty
- 12.11.1 Thrifty Company Information
- 12.11.2 Thrifty Business Overview
- 12.11.3 Thrifty Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.11.4 Thrifty Truck Rental and Leasing Product Portfolio
- 12.11.5 Thrifty Recent Developments
- 12.12 Europcar
- 12.12.1 Europcar Company Information
- 12.12.2 Europcar Business Overview
- 12.12.3 Europcar Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.12.4 Europcar Truck Rental and Leasing Product Portfolio
- 12.12.5 Europcar Recent Developments
- 12.13 Avis
- 12.13.1 Avis Company Information
- 12.13.2 Avis Business Overview
- 12.13.3 Avis Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.13.4 Avis Truck Rental and Leasing Product Portfolio
- 12.13.5 Avis Recent Developments
- 12.14 Idealease Inc
- 12.14.1 Idealease Inc Company Information
- 12.14.2 Idealease Inc Business Overview
- 12.14.3 Idealease Inc Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.14.4 Idealease Inc Truck Rental and Leasing Product Portfolio
- 12.14.5 Idealease Inc Recent Developments
- 12.15 Budget
- 12.15.1 Budget Company Information
- 12.15.2 Budget Business Overview
- 12.15.3 Budget Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.15.4 Budget Truck Rental and Leasing Product Portfolio
- 12.15.5 Budget Recent Developments
- 12.16 NIPPON RENT-A-CAR
- 12.16.1 NIPPON RENT-A-CAR Company Information
- 12.16.2 NIPPON RENT-A-CAR Business Overview
- 12.16.3 NIPPON RENT-A-CAR Revenue in Truck Rental and Leasing Business (2021-2026)
- 12.16.4 NIPPON RENT-A-CAR Truck Rental and Leasing Product Portfolio
- 12.16.5 NIPPON RENT-A-CAR Recent Developments
13 Report Conclusion
14 Disclaimer
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