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全球汽车金融市场预测(截至 2030 年):按提供者类型、用途类型、金融类型、供应商类型、服务类型、车辆类型和地区进行分析Automotive Finance Market Forecasts to 2030 - Global Analysis By Provider Type (Original Equipment Manufacturers (OEMs), Bank and Other Provider Types), Purpose Type, Finance Type, Source Type, Service Type, Vehicle Type and By Geography |
2023年全球汽车金融市场规模为2,892亿美元,预估预测期内复合年增率为8.5%,至2030年将达5,118亿美元。汽车金融市场是指为购买汽车、卡车和摩托车等车辆提供便利的金融服务和产品。
该市场透过提供各种融资选择,在帮助消费者购买汽车方面发挥着重要作用。这些选择通常包括贷款、租赁和其他针对买方不同需求量身定制的信贷解决方案。汽车金融涉及银行、信用社等贷款机构,以及专业金融公司和汽车製造商的融资部门。
根据OICA(国际汽车製造商组织)的数据,与2019年相比,新车需求下降了3-4%,二手车需求下降了1-2%。
融资模式创新
随着订阅服务、租赁计划和灵活付款计划等创新模式的引入,传统的贷款结构正在不断发展。这些进步响应了不断变化的消费者偏好,并提供了更具适应性和个性化的融资选择。技术整合进一步放大了这一动力,线上应用程式、数位平台和区块链解决方案简化了贷款流程。透过提供更大的便利性、透明度和客製化性,这些创新吸引了具有不同金融需求和偏好的广大消费者。
利率波动
较高的利率会增加借贷成本,并增加寻求汽车贷款或租赁的消费者的每月付款。这可能会减少潜在的购买量并减少对汽车的整体需求,进而可能影响汽车融资市场。相反,利率大幅下降可能会引发人们对经济不稳定的担忧,导致金融机构采取更严格的贷款标准,并限制某些消费者获得信贷的机会。然而,利率趋势的不确定性也为金融机构管理投资组合和预测消费者行为带来了挑战。
技术进步
人工智慧、机器学习和数位平台等最尖端科技的整合正在简化和自动化贷款流程的各个方面。线上申请可以加快核准速度,数位平台促进贷方和借款人之间的无缝沟通。区块链技术可实现安全透明的交易,提高金融交易的可靠性。此外,资料分析的进步有助于更准确的风险评估,并实现个人化和有竞争力的贷款提案。
金融监理的变化
无论是贷款标准、揭露要求或消费者保护措施,监管变化都会为金融机构带来不确定性和合规性挑战。加强监管可能会加强对贷款行为的审查,收紧信贷条件,并使一些消费者更难资金筹措。相反,监管减少可能会增加对潜在风险的担忧、过度放贷并增加违约的可能性。应对监管环境的变化需要对合规措施进行大量投资,这会影响金融机构的营运成本,并可能限制汽车贷款的可用性或改变汽车贷款的条款。这是有可能的。
封锁、经济不确定性和消费者优先事项的变化导致汽车销售量急剧下降,影响了汽车金融的需求。消费者的经济困难导致现有贷款的拖欠和违约增加,给贷方带来了挑战。疫情引发的景气衰退也促使金融机构收紧贷款标准,使一些购屋者获得融资变得更加困难。此外,汽车行业的供应链中断和生产停顿影响了车辆的可用性并影响了整体融资状况。
预计金融机构部门在预测期内将是最大的
金融机构部门在整个预测期内占据最大的市场占有率。随着对灵活资金筹措选择的需求增加,包括传统银行和专业金融机构在内的金融机构正在扩大其服务范围,以满足多样化的客户需求。订阅服务和线上借贷平台等创新借贷模式的兴起使这些金融机构能够接触到更广泛的客户。此外,资料分析的进步使得风险评估更加准确,并提高了贷款流程的效率。
商用车领域预计在预测期内复合年增长率最高
商用车领域在预测期内正在推动市场成长。随着各行业努力简化业务和优化物流,对新型、先进商用车的需求不断增加。为商业部门量身定制的融资解决方案,包括灵活的租赁结构和客製化的贷款方案,使这些车辆更容易获得。此外,随着企业寻求与环境目标保持一致,永续商用车辆的日益普及也促进了融资需求。这些因素正在推动该领域的成长。
在整个预测期内,亚太地区占据最大的市场份额。经济的快速发展、都市化的加速以及中阶正在迅速推动汽车需求,特别是在新兴经济体。消费者对拥有车辆的渴望和偏好不断增加,推动了对便利且多样化资金筹措选择的需求。此外,该地区的金融机构正在透过提供创新和灵活的资金筹措解决方案来应对这些趋势,包括简化申请和核准流程的数位平台。
据估计,北美在整个预测期内将呈现盈利的复合年增长率。政府为促进电动车和环境永续性所做的努力,鼓励透过税额扣抵和补贴为绿色汽车提供汽车融资。这些规定不仅提高了金融机构的信誉,也增强了消费者信心,鼓励更多人参与汽车金融。
According to Stratistics MRC, the Global Automotive Finance Market is accounted for $289.2 billion in 2023 and is expected to reach $511.8 billion by 2030 growing at a CAGR of 8.5% during the forecast period. The automotive finance market refers to the financial services and products that facilitate the purchase of vehicles, including cars, trucks, and motorcycles. This market plays a crucial role in enabling consumers to acquire vehicles by providing various financing options. These options often include loans, leases, and other credit solutions tailored to meet the diverse needs of buyers. Automotive finance involves lending institutions, such as banks and credit unions, as well as specialized finance companies and automaker-affiliated financing arms.
According to the OICA (Organisation Internationale des Constructeurs d'Automobiles), The demand for new vehicles dropped by 3-4% and used cars by 1-2% compared to 2019.
Innovations in financing models
Traditional loan structures are evolving, with the introduction of innovative models such as subscription services, leasing programs, and flexible payment plans. These advancements cater to shifting consumer preferences, offering more adaptable and personalized financing options. The integration of technology further amplifies this driver, with online applications, digital platforms, and blockchain solutions streamlining the financing process. By providing greater convenience, transparency, and customization, these innovations attract a broader range of consumers who may have varied financial needs and preferences.
Fluctuations in interest rates
When interest rates rise, the cost of borrowing increases, leading to higher monthly payments for consumers seeking auto loans or leases. This can deter potential buyers, reducing overall demand for vehicles and subsequently affecting the automotive finance market. Conversely, a sudden drop in interest rates may prompt concerns about economic instability, causing lenders to tighten lending criteria, which can limit access to financing for certain consumers. However, the uncertainty surrounding interest rate movements also introduces challenges for financial institutions in managing their portfolios and predicting consumer behavior.
Technological Advancements
The integration of cutting-edge technologies such as artificial intelligence, machine learning, and digital platforms has streamlined and automated various aspects of the financing journey. Online applications enable faster approvals, and digital platforms facilitate seamless communication between lenders and borrowers. Blockchain technology ensures secure and transparent transactions, enhancing trust in financial transactions. Additionally, advancements in data analytics contribute to more accurate risk assessments, allowing for personalized and competitive financing offers.
Changes in financial regulations
Regulatory shifts, whether in lending standards, disclosure requirements, or consumer protection measures, can introduce uncertainty and compliance challenges for financial institutions. Stricter regulations may lead to increased scrutiny on lending practices, potentially resulting in tighter credit conditions and making it more difficult for some consumers to secure financing. Conversely, loosening regulations could raise concerns about potential risks and lead to overextension in lending, increasing the likelihood of defaults. Adapting to evolving regulatory landscapes requires significant investments in compliance measures, affecting operational costs for lenders and potentially limiting the availability or altering the terms of automotive financing.
Lockdowns, economic uncertainties, and shifts in consumer priorities led to a sharp decline in vehicle sales, affecting the demand for auto financing. Financial hardships among consumers resulted in increased delinquencies and defaults on existing loans, posing challenges for lenders. The pandemic-induced economic downturn also prompted financial institutions to tighten lending criteria, making it more difficult for some buyers to access financing. Furthermore, supply chain disruptions and production halts in the automotive sector affected vehicle availability, influencing the overall financing landscape.
The financial institutions segment is expected to be the largest during the forecast period
Financial Institutions segment commanded the largest market share throughout the extrapolated period. With a growing demand for flexible financing options, financial institutions, including traditional banks and specialized financing entities, are expanding their offerings to cater to diverse customer needs. The rise of innovative financing models, such as subscription services and online lending platforms, has allowed these institutions to reach a broader customer base. Additionally, advancements in data analytics enable more accurate risk assessments, enhancing the efficiency of lending processes.
The commercial vehicles segment is expected to have the highest CAGR during the forecast period
Commercial Vehicles segment is booming the market growth during the projection period. As businesses across industries strive for operational efficiency and logistics optimization, there is a growing need for new and advanced commercial vehicles. Financing solutions tailored for the commercial sector, such as flexible lease structures and customized loan packages, are facilitating easier access to these vehicles. Moreover, the increased adoption of sustainable commercial vehicles is also contributing to financing demand as companies seek to align with environmental goals. These elements are enhancing segments growth.
Asia Pacific region commanded the largest share of the market throughout the forecasted time frame. Rapid economic development, increasing urbanization, and a burgeoning middle class have led to a surge in demand for automobiles, particularly in emerging economies. Rising consumer aspirations and preferences for vehicle ownership have driven the need for accessible and diverse financing options. Furthermore, financial institutions in the region are adapting to these trends by offering innovative and flexible financing solutions, including digital platforms that streamline the application and approval processes.
North America region is estimated to witness profitable CAGR throughout the prediction period. Government initiatives promoting electric vehicles and environmental sustainability have incentivized automotive financing for eco-friendly vehicles through tax credits and subsidies. These regulations not only enhance the credibility of financial institutions but also instill confidence in consumers, driving increased participation in automotive financing.
Key players in the market
Some of the key players in Automotive Finance market include Ally Financial, Bank of America, BNP Paribas SA, Chase Auto Finance, Daimler Financial Services, Ford Motor Credit Company, GM Financial Inc., HDFC Bank Limited, Hitachi Capital, HSBC Holdings PLC, Industrial and Commercial Bank of India, Mahindra Finance, Mercedes-Benz Financial Services, Standard Bank Group Ltd, Toyota Financial Services, Volkswagen Financial Services and Wells Fargo & Co.
In October 2022, the National Bank of Oman (NBO) invited its partner dealerships and both new and used auto dealers from across Oman to learn more about the bank's car financing options. NBO offers competitive financing starting at just 4.75%, as the bank goes above and beyond to provide hassle-free, competitive financial solutions.
In October 2022, Kinetic Green Energy and Power Solutions Limited, a leading EV manufacturer, partnered with IndusInd Bank to provide customers with easy and affordable financing for their Kinetic Green dealerships across India.
In August 2022, the Japanese government announced the provision of unprecedented subsidies to help popularise electric vehicles (EVs). For the fiscal year ending in March 2024 (FY 2023), the Ministry of Economy, Trade, and Industry will develop a budget request of approximately JPY 41 billion to support electrified vehicles and the charging infrastructure business, which is expected to be double the initial budget for FY 2022.