PUBLISHER: TechNavio | PRODUCT CODE: 1975394
PUBLISHER: TechNavio | PRODUCT CODE: 1975394
The used car market in us is forecasted to grow by USD 31.7 bn during 2025-2030, accelerating at a CAGR of 4.7% during the forecast period. The report on the used car market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of certified preowned programs and warranty assurance, rising affordability gap and new vehicle price inflation, digital transformation and omnichannel retail adoption.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 4.5% |
| CAGR | 4.7% |
| Incremental Value | $31.7 bn |
Technavio's used car market in us is segmented as below:
By Distribution Channel
By Product
By Vehicle Type
Geography
This study identifies the digital retail evolution and omnichannel integration as one of the prime reasons driving the used car market in us growth during the next few years. Also, surging supply and demand for preowned evs and operational efficiency through cloud-based management systems will lead to sizable demand in the market.
The report on the used car market in us covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading used car market in us vendors that include Asbury Automotive Group Inc., AutoNation Inc., Autotrader Inc, CarBravo, CARFAX, CarGurus Inc., CarMax Inc., Cars.com LLC, Carvana Co., Enterprise Mobility, Ford Blue Advantage, Group 1 Automotive Inc., Hendrick Automotive Group, Hertz Global Holdings Inc., Kelley Blue Book, Lithia Motors Inc., Penske Automotive Group Inc., RumbleOn Inc., Sonic Automotive Inc., Toyota Motor Sales U.S.A. Inc. Also, the used car market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.