The increased focus of the customers toward automation and inclusion of new technologies in trucks such as driveline traction control, automation transmission, anti-lock braking systems, air bags, and driver control monitoring is expected to boost the demand for new trucks during 2020-25. However, the demand for old trucks is anticipated to surge in the coming years due to the low prices of the used trucks. With the implementation of greenhouses gases (GHG) for less fuel emission and fleet replacement cycle 2018-19, the demand for used trucks is estimated to intensify in the coming years. Moreover, the dealers and distributors have started renting out used trucks and opting for “pay as use” model especially for short-term construction and mining projects to further improve the sales of North America used trucks.
According to the MarkNtel Advisors’ research report titled “North America Used Truck Market Analysis, 2020”, the CAGR of North America Used Truck market is expected to be around 6.5% during 2020-25 due to its relatively low cost as compared to the new trucks. In 2019, the tonnage capacity segment the above 30 tons’ segment is projected to witness high demand due to the fuel efficiency and mileage. In the type of fuel used, diesel is mostly preferred by the owners, however, hybrid and electric segment would surge due to the customer’s traction toward fuel efficiency.
According to the MarkNtel Advisors’, the major leading players in the market are Scania AB, Isuzu Motors, Kenworth, Peterbilt, Freightliner Used Trucks, Cummins, Paccar, International, Isuzu, Dodge, etc.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
A. The market size of North America Used Trucks Market during 2020-25 is forecast to be around 6.5%.
A. It is forecast that the heavy truck will dominate the market with majority market share, with market size registering considerably higher CAGR.
A. Scania AB, Isuzu Motors, Kenworth, Peterbilt, Freightliner Used Trucks, Cummins, Paccar, International, Isuzu and Dodge are few of the leading players in the North America Used Trucks Market.
A. Yes, the scope of the report encompass detailed North American Used Trucks tonnage and country wise statistics such as market size, market segmentation based on various subcategories.
A. It is forecast that the tonnage capacity segment of above 30 tons’ segment is projected to witness high demand due to the fuel efficiency and mileage therefore it will dominate the market with majority market share, with market size registering considerably higher CAGR.
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. North America Used Trucks Market Voice of Customer
4.1. Brand Awareness
4.2. End User Expectation
4.3. Key Factors Impacting Vendor Selection
4.4. Key Issues Encountered
4.5. Vendor’s Receptiveness to Address Key Customer Issues
4.6. Future Requirements
5. North America Used Truck Market Analysis, 2015-2025F
5.1. Market Potential & Analysis
5.1.1. Market Revenue
5.1.2. Units Sold
5.2. Market Segmentation & Analysis
5.2.1. By Application
5.2.1.1. Construction
5.2.1.2. Mining
5.2.1.3. Logistics
5.2.2. By Tonnage Capacity
5.2.2.1. 3.5 tons to 7.5 tons
5.2.2.2. 7.5 tons to 16 tons
5.2.2.3. Above 16 tons
5.2.3. By Fuel Type
5.2.3.1. Diesel
5.2.3.2. Petrol
5.2.3.3. Gasoline/CNG
5.2.3.4. Electric and Hybrid
5.2.4. By Vehicle Type
5.2.4.1. Light Truck
5.2.4.2. Medium-duty Truck
5.2.4.3. Heavy-duty Truck
5.2.5. By Country
5.2.5.1. United States
5.2.5.2. Canada
5.2.5.3. Mexico
5.2.6. Company
5.2.6.1. Revenue Shares
5.2.6.2. Strategic Factorial Indexing
5.2.6.3. Competitor Placement in MarkNtel Quadrant
5.3. The United States Used Truck Market Analysis, 2015-2025F
5.3.1. Market Potential & Analysis
5.3.1.1. Market Revenue
5.3.1.2. Units Sold
5.3.2. Market Segmentation & Analysis
5.3.2.1. By Application
5.3.2.2. By Tonnage Capacity
5.3.2.3. By Fuel type
5.3.2.4. By Vehicle Type
5.4. Canada Used Truck Market Analysis, 2015-2025F
5.4.1. Market Potential & Analysis
5.4.1.1. Market Revenue
5.4.1.2. Units Sold
5.4.2. Market Segmentation & Analysis
5.4.2.1. By Application
5.4.2.2. By Tonnage Capacity
5.4.2.3. By Fuel type
5.4.2.4. By Vehicle Type
5.5. Mexico Used Truck Market Analysis, 2015-2025F
5.5.1. Market Potential & Analysis
5.5.1.1. Market Revenue
5.5.1.2. Units Sold
5.5.2. Market Segmentation & Analysis
5.5.2.1. By Application
5.5.2.2. By Tonnage Capacity
5.5.2.3. By Fuel type
5.5.2.4. By Vehicle Type
6. North America Used Truck Market Policies, Regulations, Product Standards
7. North America Used Truck Market Trends & Insights
8. North America Used Truck Market Dynamics
8.1. Growth Drivers
8.2. Challenges
8.3. Impact Analysis
9. North America Used Truck Market Hotspot & Opportunities
10. North America Used Truck Market Key Strategic Imperatives for Success & Growth
11. Competition Outlook
11.1. Competition Matrix
11.1.1. Product Portfolio
11.1.2. Brand Specialization
11.1.3. Target Markets
11.1.4. Target End Users
11.1.5. Research & Development
11.1.6. Strategic Alliances
11.1.7. Strategic Initiatives
11.2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
11.2.1. Scania AB
11.2.2. AB Volvo
11.2.3. Kenworth
11.2.4. Freightliner Used Trucks
11.2.5. Cummins
11.2.6. Paccar
11.2.7. Peterbilt
11.2.8. International
11.2.9. Isuzu
11.2.10. Dodge
12. Disclaimer
