Used Truck Global Market Report 2026

A used truck is one that has had previous ownership and is now being sold to a new customer. These trucks serve various purposes, including transporting products and supplies, hauling cargo, engaging in construction work, and towing trailers.

Used trucks are categorized into three main types light-duty trucks, medium-duty trucks, and heavy-duty trucks. Light-duty trucks fall under a vehicle classification with a gross vehicle weight of up to 8,500 pounds and a payload capacity of up to 4,000 pounds. They come in different fuel types, such as gasoline, electric, and diesel. These trucks are made available through various sales channels such as franchised dealers, independent dealers, and peer-to-peer transactions, catering to diverse end-users in industries such as construction, oil and gas, mining, and others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are affecting the used truck market by increasing the cost of new trucks due to higher duties on imported engines, transmissions, axles, and electronic modules. This has driven stronger demand for used trucks in North America and Europe, particularly in construction, mining, and logistics sectors. Asia-Pacific markets experience mixed effects depending on domestic production levels. While tariffs are inflating resale prices, they are also stabilizing used truck demand, encouraging refurbishment programs, and supporting organized resale channels.

The used truck market research report is one of a series of new reports from The Business Research Company that provides used truck market statistics, including used truck industry global market size, regional shares, competitors with a used truck market share, detailed used truck market segments, market trends and opportunities, and any further data you may need to thrive in the used truck industry. This used truck market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The used truck market size has grown strongly in recent years. It will grow from $49.93 billion in 2025 to $52.88 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to construction sector growth, logistics expansion, high cost of new trucks, diesel truck dominance, long vehicle service life.

The used truck market size is expected to see strong growth in the next few years. It will grow to $70.41 billion in 2030 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to electric truck transition lag, infrastructure spending growth, digital resale platforms, demand from small fleet operators, financing availability. Major trends in the forecast period include growth in fleet replacement demand, rising popularity of used heavy-duty trucks, expansion of online truck marketplaces, demand from infrastructure projects, cost-conscious logistics operators.

The rise of the construction industry is expected to drive the growth of the used truck market going forward. The construction industry encompasses the production and commercial activities involved in constructing, repairing, renovating, and maintaining infrastructure. Used trucks are essential for transporting various construction materials on job sites. For instance, in February 2025, according to the United States Census Bureau, a U.S.-based federal agency, construction spending reached a seasonally adjusted annual rate of $2,192.2 billion, 0.5 percent above November 2024 and 4.3 percent higher than December 2023, with total spending in 2024 at $2,154.4 billion, 6.5 percent more than 2023. Therefore, the growth of the construction sector is driving the used truck market.

Major companies in the used truck market are focusing on innovative solutions such as certified pre-owned digital assurance platforms to enhance buyer confidence, streamline vehicle evaluation, and improve post-purchase support. Certified pre-owned digital assurance platforms are integrated systems combining standardized vehicle inspections, service history validation, warranty options, and digital customer services to ensure reliable and transparent used truck transactions. For instance, in June 2023, Daimler, a Germany-based automotive manufacturer, launched the Bharat Benz Certified brand for used trucks, allowing customers to opt for a new annual maintenance contract (AMC) when purchasing used Bharat Benz trucks.

In April 2024, Mitsui & Co. Ltd., a trade company based in Japan, acquired Taylor & Martin Enterprises LLC for an undisclosed amount. This acquisition will bolster Mitsui's presence in the U.S. truck market by leveraging Taylor & Martin's expertise in auctioning. It aims to facilitate geographic expansion, enhance services, and create stronger synergies with Mitsui's automotive operations, ultimately promoting growth for both companies and improving the customer experience. Taylor & Martin Enterprises LLC is a U.S.-based transportation company that specializes in providing and auctioning used trucks.

Major companies operating in the used truck market report include Mercedes Benz AG, Daimler Truck AG, Charter Trucks Co, Renault SA, AB Volvo, PACCAR Inc., Penske Automotive Group, MAN SE, Ryder System Inc., Scania AB, Navistar International Corporation, Hertz Car Sales, Schneider National Inc., Murphy-Hoffman Co, Premier Truck Group, Freightliner Trucks, Kenworth Truck Company, Ritchie Bros, The Larson Group, TruckPaper.com, Del-Val International Trucks Inc., Arrow Truck Sales Inc., Fyda Freightliner Inc., Peterbilt Motors Company, Vander Haag's Inc., Mascus International Holding Co, Hammer Trucks Sales LLC.

Asia-Pacific was the largest region in the used truck market in 2025. The regions covered in the used truck market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the used truck market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The used truck market consists of sales of pickup trucks, cement trucks, chiller trucks, crane trucks or mobile cranes, fire trucks, logging trucks, snow plows, and tankers. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Used Truck Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses used truck market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for used truck ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The used truck market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Light-Duty Truck; Medium-Duty Truck; Heavy-Duty Truck
• 2) By Fuel Type: Gasoline; Electric; Diesel
• 3) By Sales Channel: Franchised Dealer; Independent Dealer; Peer-To-Peer
• 4) By End-Use: Construction; Oil And Gas; Mining; Other End-Users
• Subsegments:
• 1) By Light-Duty Truck: Pickup Trucks; Mini Trucks; Utility Trucks
• 2) By Medium-Duty Truck: Box Trucks; Flatbed Trucks; Delivery Trucks
• 3) By Heavy-Duty Truck: Tractor-Trailers (Semi-Trucks); Dump Trucks; Heavy Haul Trucks
• Companies Mentioned: Mercedes Benz AG; Daimler Truck AG; Charter Trucks Co; Renault SA; AB Volvo; PACCAR Inc.; Penske Automotive Group; MAN SE; Ryder System Inc.; Scania AB; Navistar International Corporation; Hertz Car Sales; Schneider National Inc.; Murphy-Hoffman Co; Premier Truck Group; Freightliner Trucks; Kenworth Truck Company; Ritchie Bros; The Larson Group; TruckPaper.com; Del-Val International Trucks Inc.; Arrow Truck Sales Inc.; Fyda Freightliner Inc.; Peterbilt Motors Company; Vander Haag's Inc.; Mascus International Holding Co; Hammer Trucks Sales LLC.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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