The Hungarian leasing market has traditionally been highly concentrated. In 2007, of a total of about 75 leasing companies the five largest together accounted for a more than 57 % market share, (with the top 10 representing over 90 % of the total market). At EUR 4.7 bn in 2007, financing volumes were up 16 % year-on-year. Of this amount, about 60 % was accounted for by automobile leasing, 15 % by equipment leasing and 14 % by real estate leasing. With a growth rate of over 50 %, the importance of the highly concentrated real estate leasing segment is constantly increasing in Hungary, while volumes for the profitable niche financing of ships and aircraft have almost doubled. Financing for production machinery was up 30 %.