Market Research Report
Global Used Trucks Market 2021-2025
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||996998|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Global Used Trucks Market 2021-2025|
|Published: March 11, 2021||Content info: 120 Pages||
Technavio has been monitoring the used trucks market and it is poised to grow by 6.47 mn units during 2021-2025 progressing at a CAGR of 4% during the forecast period. Our reports on used trucks market 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the value proposition of used trucks, comprehensive quality checking systems deployed by used trucks dealers, and increasing penetration of online used truck websites. In addition, Value proposition of used trucks is anticipated to boost the growth of the market as well.
The used trucks market analysis includes type segment and geographical landscapes.
Technavio's used trucks market is segmented as below:
By Geographical Landscapes
This study identifies the touchpoint management systems integrated with artificial intelligence as one of the prime reasons driving the used trucks market growth during the next few years. Also, vehicle makers entering used trucks market and demand for truck rental services will lead to sizable demand in the market.
Technavio 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. Our report on used trucks market covers the following areas:
Technavio's 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 trucks market vendors that include AB Volvo, CNH Industrial NV, Daimler AG, MAN SE, Navistar International Corp., PACCAR Inc., Penske Automotive Group Inc., Renault SA, Scania AB, and TrueCar Inc.. Also, the used trucks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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 and vendor landscape in addition to an analysis of the key vendors.
Technavio 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 research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.