North America Used Truck Market Overview: 2023-28
Base Year: 2022
Historical Years: 2018-21
Forecast Years: 2023-28
TheNorth America Used Truck Market is expected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2023-28. 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.
Markntel Advisor’s North America Used Truck Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, North America Used Truck Market drivers, barriers, North America Used Truck Market Trends, and Key Players in North America Used Truck Market.
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North America Used Truck Market Dynamics: 2023-28
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.
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North America Used Truck Market (2023-28): Segmentation Outlook
The market report has segmented the market into the following categories:
- By Application
- Construction
- Mining
- Logistics
According to report, Among all, the construction application is anticipated to make substantial contributions to the expansion of the North America Used Trucks Market during 2023-28.
- 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
According to report, Here, Heavy Duty Vehicles are projected to acquire the largest share in the North America Used Trucks Market during the forecast period.
- By Country
- United States
- Canada
- Mexico
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the North America Used Truck Market:
- Scania AB
- AB Volvo
- Kenworth
- Freightliner Used Trucks
- Cummins
- Paccar
- Peterbilt
- International
- Isuzu
- Dodge
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