Used Truck Market Growth, Demand and Challenges of the Key Industry Players 2032 - PowerPoint PPT Presentation

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Used Truck Market Growth, Demand and Challenges of the Key Industry Players 2032


According to the latest research report by IMARC Group, The global used truck market size reached US$ 44.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 59.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3.29% during 2024-2032. More Info:- – PowerPoint PPT presentation

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Date added: 10 June 2024
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Title: Used Truck Market Growth, Demand and Challenges of the Key Industry Players 2032

Global Used Truck Market Research and Forecast
Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
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    and secure lasting results.

Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Used Truck Market Global Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2024-2032," the global used truck market
    size reached US 44.8 Billion in 2023.
  • Factors Affecting the Growth of the Used Truck
  • Economic Factors and Affordability
  • Economic factors play a significant role in
    driving the growth of the used truck industry.
    During periods of economic uncertainty or
    downturns, businesses and individuals are more
    inclined to purchase used trucks instead of new
    ones to reduce costs.
  • Used trucks offer a cost-effective alternative,
    providing reliable transportation without the
    high initial investment associated with new
    vehicles. Additionally, the depreciation rate of
    new trucks is relatively high, making used trucks
    an attractive option for budget-conscious buyers.
    This affordability factor continues to support
    the robust growth of the used truck market.

Report Highlight and Description
  • Supply Chain Constraints and Fleet Management
  • Supply chain constraints and challenges in the
    availability of new trucks significantly impact
    the growth of the used truck industry. Production
    delays and shortages of new trucks, often due to
    disruptions in the global supply chain, push
    buyers towards the used truck market to meet
    their immediate needs.
  • Fleet management strategies influence this trend,
    as companies looking to expand or upgrade their
    fleets may opt for used trucks to ensure
    operational continuity without waiting for new
    vehicles. This shift toward used trucks helps
    companies maintain their fleet efficiency and
    meet market demands promptly.
  • Technological Advancements
  • Technological advancements and improvements in
    vehicle manufacturing have enhanced the longevity
    and reliability of trucks, boosting the used
    truck industry. Modern trucks are built with
    durable components and advanced technologies,
    making them viable options even after several
    years of use.

Report Highlight and Description
  • Enhanced maintenance practices and the
    availability of certified pre-owned programs
    provide buyers with confidence in the quality and
    performance of used trucks. These technological
    improvements ensure that used trucks remain a
    practical and attractive choice for buyers
    seeking dependable transportation solutions,
    thereby driving the industrys growth.
  • Request for a PDF sample of this report

Report Description
  • Global Used Truck Market Trends
  • The global used truck market is experiencing
    notable growth driven by several key trends.
    Economic uncertainty and high depreciation rates
    of new trucks are pushing buyers toward more
    affordable used options. Supply chain
    disruptions, especially those impacting new truck
    production, have further increased the demand for
    used trucks as businesses seek immediate
    solutions to fleet expansion and replacement
  • Additionally, technological advancements have
    significantly enhanced the durability and
    longevity of trucks, making used vehicles a
    reliable choice. The rise of e-commerce and
    logistics industries has fueled the demand for
    used trucks to support delivery and
    transportation services, further propelling the
  • View Report TOC, Figures and Tables

Report Segmentation
  • Breakup by Vehicle Type
  • Light Trucks
  • Medium-Duty Trucks
  • Heavy-Duty Trucks
  • Breakup by Sales Channel
  • Franchised Dealer
  • Independent Dealer
  • Peer-to-Peer
  • Breakup by End User
  • Construction
  • Oil and Gas

Report Segmentation
  • Others
  • Breakup by Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape with Key Players
  • AB Volvo
  • International Used Truck Centers
  • Mascus (Ritchie Bros. Auctioneers)
  • PACCAR Inc.
  • Renault Group
  • TrueCar Inc.
  • Volkswagen AG

Key Questions Answered in the Report
Key Questions Answered in the Report
Table of Contents
  • 1    Preface2 Scope and Methodology
  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data End Users
  • 2.3.1 Primary End Users
  • 2.3.2 Secondary End Users
  • 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology
  • 3 Executive Summary
  • 4 Global Used Truck Market - Introduction
  • 4.1 Overview
  • 4.2 Market Dynamics
  • 4.3 Industry Trends
  • 4.4 Competitive Intelligence
  • 5 Global Used Truck Market Landscape
  • 5.1 Historical and Current Market Trends
  • 5.2 Market Forecast (2024-2032)

Table of Contents
  • 6.3 Heavy-Duty Trucks
  • 6.3.1 Overview
  • 6.3.2 Historical and Current Market Trends
  • 6.3.3 Market Segmentation
  • 6.3.4 Market Forecast (2024-2032)
  • 6.4 Attractive Investment Proposition by Vehicle
  • 7 Global Used Truck Market - Breakup by Sales
  • 7.1 Franchised Dealer
  • 7.1.1 Overview
  • 7.1.2 Historical and Current Market Trends
  • 7.1.3 Market Segmentation
  • 7.1.4 Market Forecast (2024-2032)
  • 7.2 Independent Dealer
  • 7.2.1 Overview
  • 7.2.2 Historical and Current Market Trends
  • 7.2.3 Market Segmentation
  • 7.2.4 Market Forecast (2024-2032)
  • 7.3 Peer-to-Peer
  • 7.3.1 Overview

Partial List of Clients
Partial List of Clients
  • 2024 IMARC All Rights Reserved
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    of International Market Analysis Research and
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    publication, including forecasts, data analysis
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