North America Used Truck Market - By Application (Construction, mining and Logistics), By Capacity (3.5 to 7.5 tons, 7.5 tons to 16 tons and Above 16 tons), By Fuel Type (Gasoline....../CNG, Diesel, Petrol and Electric and Hybrid), By Vehicle Type (Light, Medium-duty and Heavy Truck) and Others Read more
- Automotive
- May 2025
- 160
- PDF, Excel, PPT
Market Insights & Analysis: North America Used Truck Market (2025-30):
The North America Used Truck Market size was valued at around USD 16.1 billion in 2024 and is projected to reach USD 24.43 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.20% during the forecast period, i.e., 2025-30. Most of the market expansion would be propelled by the rapidly increasing number of construction and development projects across different countries in the region, backed by substantial government support and investments. It, in turn, is augmenting the demand for used trucks, which are easily available at affordable prices.
Additionally, the growing integration of technological advancement and innovation particularly in trucking industry has resulted in introduction of newer models into the market. As fleet owners upgrade their trucks to access enhanced fuel efficiency, safety features and connectivity options, a surplus of well-maintained used trucks becomes available. This inclination towards technology elevate the used truck market, providing potential buyers with a range of options that offer modern amenities and technological advancements.
| Report Coverage | Details |
|---|---|
| Historical Years | 2020–24 |
| Forecast Years | 2025–30 |
| Market Value in 2024 | USD 16.1 Billion |
| Market Value by 2030 | USD 24.43 Billion |
| CAGR (2025–30) | 7.20% |
| Leading Country | Mexico |
| Top Key Players | Scania AB, AB Volvo, Kenworth, Freightliner Used Trucks, Cummins, Paccar, Peterbilt, International, Isuzu, Dodge, and others |
| Segmentation | By Application (Construction, mining and Logistics), By Capacity (3.5 to 7.5 tons, 7.5 tons to 16 tons and Above 16 tons), By Fuel Type (Gasoline/CNG, Diesel, Petrol and Electric and Hybrid), By Vehicle Type (Light, Medium-duty and Heavy Truck) and Others |
| Key Report Highlights |
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With the growing awareness among contractors about these trucks are elevating swiftly and stimulating the overall market growth across North America. The same aspect is also generating lucrative opportunities for the players to widen their service offering and cater to the accelerating demand for used trucks in the region. Furthermore, trends like “Pay as Use” and using used trucks on rental basis are also stimulating the demand & popularity of these vehicles and contributing to the overall market growth.
North America Used Truck Market Driver:
Expanding Transportation Industry throughout the Region – Backed with the improvement in the road connectivity and trade across different countries in the region, the transportation industry in North America is growing substantially and demonstrating a peaking demand for used trucks. As a result, key players are tapping these opportunities and widening their offerings, thereby generating substantial revenue and contributing to the overall growth trajectory of the market in the region.
North America Used Truck Market Challenge:
Concerns Over Greenhouse Gas Emissions with Old Vehicles – As emission levels are gaining more focus of the governments to take stringent actions, restrictions & limitations on the use of older or used vehicles, including trucks, are witnessing a downfall in demand. In fact, the development of new vehicle models equipped with technologies like driveline traction control, automation transmission, anti-lock braking systems, air bags, and driver control monitoring, among others, is challenging the market for used trucks in North America.
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Expert Verbatim- What our Experts Say?
- North America Used Trucks Market Voice of Customer
- Brand Awareness
- End User Expectation
- Key Factors Impacting Vendor Selection
- Key Issues Encountered
- Vendor’s Receptiveness to Address Key Customer Issues
- Future Requirements
- North America Used Truck Market Analysis, 2020- 2030F
- Market Potential & Analysis
- Market Revenue
- Units Sold
- Market Segmentation & Analysis
- By Application
- Construction
- Mining
- Logistics
- By Capacity
- 3.5 tons to 7.5 tons
- 7.5 tons to 16 tons
- Above 16 tons
- By Fuel Type
- Diesel
- Petrol
- Gasoline/CNG
- Electric and Hybrid
- By Vehicle Type
- Light Truck
- Medium-duty Truck
- Heavy-duty Truck
- By Country
- United States
- Canada
- Mexico
- Company
- Revenue Shares
- Strategic Factorial Indexing
- Competitor Placement in MarkNtel Quadrant
- By Application
- The United States Used Truck Market Analysis, 2020- 2030F
- Market Potential & Analysis
- Market Revenue
- Units Sold
- Market Segmentation & Analysis
- By Application
- By Tonnage Capacity
- By Fuel type
- By Vehicle Type
- Market Potential & Analysis
- Canada Used Truck Market Analysis, 2020- 2030F
- Market Potential & Analysis
- Market Revenue
- Units Sold
- Market Segmentation & Analysis
- By Application
- By Tonnage Capacity
- By Fuel type
- By Vehicle Type
- Market Potential & Analysis
- Mexico Used Truck Market Analysis, 2020- 2030F
- Market Potential & Analysis
- Market Revenue
- Units Sold
- Market Segmentation & Analysis
- By Application
- By Tonnage Capacity
- By Fuel type
- By Vehicle Type
- Market Potential & Analysis
- Market Potential & Analysis
- North America Used Truck Market Policies, Regulations, Product Standards
- North America Used Truck Market Trends & Insights
- North America Used Truck Market Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- North America Used Truck Market Hotspot & Opportunities
- North America Used Truck Market Key Strategic Imperatives for Success & Growth
- Competition Outlook
- Competition Matrix
- Product Portfolio
- Brand Specialization
- Target Markets
- Target End Users
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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