Used Truck Market to reach $98.4 Bn by 2032, Says Global Market Insights Inc.
Major used truck market participants include Penske Used Trucks, Ryder System, Inc., PACCAR Inc., Daimler AG, Volvo Group, Scania AB, MAN SE, Navistar International Corp, Hino Motors, Ltd, and Isuzu Motors Limited.
Selbyville, Delaware, May 21, 2024 (GLOBE NEWSWIRE) —
The used truck market valuation is anticipated to cross USD 98.4 billion by 2032, as reported in a
Quoting an instance, in April 2022, Ashok Leyland partnered with Mahindra First Choice Wheels to launch a digital platform for the used commercial vehicle industry. This hybrid ecosystem simplifies the exchange, disposal, and purchase of old commercial vehicles.
Partial chapters of report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources.
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Used Truck market 3600 synopsis, 2018 – 2032
2.2 Business trends
2.2.1 Total Addressable Market (TAM)
2.3 Regional trends
2.4 Type trends
2.5 Sales Channel trends
2.6 Fuel Type trends
Chapter 3 Used Truck Market Insights
3.1 Impact on COVID-19
3.2 Russia-Ukraine war impact
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Type & innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
3.10.1 Growth drivers
3.10.1.1 Increasing demand for electric & hybrid heavy-duty trucks across the globe
3.10.1.2 Growing freight transportation activities across North America
3.10.1.3 The rising number of small and medium-sized businesses
3.10.1.4 Rising investments in infrastructure development activities in Asia Pacific
3.10.1.5 Cost effectiveness and affordability
3.10.2 Industry pitfalls & challenges
3.10.3 Economic downturns and low economic growth
3.10.4 Regulatory Compliance and Government Regulations
3.11 Growth potential analysis
3.12 Porter’s analysis
3.13 PESTEL analysis
Chapter 4 Competitive Landscape, 2022
4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
4.3.1 Volvo Trucks
4.3.2 Daimler AG
4.3.3 Ryder System, Inc.
4.3.4 TATA Motors
4.3.5 Ritchie Bros. Auctioneers
4.3.6 PACCAR
4.3.7 Schneider National
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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