Used Car Market by Vehicle Type (Hatchback, Sedan, SUV), Fuel Type (Diesel, Petrol), Distribution Channel - Global Forecast 2024-2030

Used Car Market by Vehicle Type (Hatchback, Sedan, SUV), Fuel Type (Diesel, Petrol), Distribution Channel - Global Forecast 2024-2030


The Used Car Market size was estimated at USD 95.78 billion in 2023 and expected to reach USD 100.49 billion in 2024, at a CAGR 5.40% to reach USD 138.44 billion by 2030.

Global Used Car Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Used Car Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Used Car Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Used Car Market, highlighting leading vendors and their innovative profiles. These include Asbury Automotive Group, AutoNation Inc., Carmax Business Service, LLC, Cox Automotive Inc., Droom Technology Ltd., eBay Inc., Group 1 Automotive Inc., Hendrick Automotive Group, Lithia Motors, Inc., Maruti Suzuki India Limited, Pendragon PLC, Penske Cars, Shift Technologies, Inc., The Hertz Corporation, and TrueCar, Inc..

Market Segmentation & Coverage

This research report categorizes the Used Car Market to forecast the revenues and analyze trends in each of the following sub-markets:

Vehicle Type
Hatchback
Sedan
SUV
Fuel Type
Diesel
Petrol
Distribution Channel
Franchised Dealer
Independent Dealer
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Used Car Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Used Car Market?
3. What are the technology trends and regulatory frameworks in the Used Car Market?
4. What is the market share of the leading vendors in the Used Car Market?
5. Which modes and strategic moves are suitable for entering the Used Car Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Used Car Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing availability of online automotive marketplaces
5.1.1.2. Need for affordable vehicles for personal mobility
5.1.1.3. Reduced period of car ownership among millennials
5.1.2. Restraints
5.1.2.1. Lack of warranty and high maintenance costs
5.1.3. Opportunities
5.1.3.1. Emerging adoption of electric and hybrid cars
5.1.3.2. Popularity of ride-sharing, in-vehicle connectivity, and subscriptions-based car service
5.1.4. Challenges
5.1.4.1. Availability of old technology and concerns related to safety
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Used Car Market, by Vehicle Type
6.1. Introduction
6.2. Hatchback
6.3. Sedan
6.4. SUV
7. Used Car Market, by Fuel Type
7.1. Introduction
7.2. Diesel
7.3. Petrol
8. Used Car Market, by Distribution Channel
8.1. Introduction
8.2. Franchised Dealer
8.3. Independent Dealer
9. Americas Used Car Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Used Car Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Used Car Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Asbury Automotive Group
13.1.2. AutoNation Inc.
13.1.3. Carmax Business Service, LLC
13.1.4. Cox Automotive Inc.
13.1.5. Droom Technology Ltd.
13.1.6. eBay Inc.
13.1.7. Group 1 Automotive Inc.
13.1.8. Hendrick Automotive Group
13.1.9. Lithia Motors, Inc.
13.1.10. Maruti Suzuki India Limited
13.1.11. Pendragon PLC
13.1.12. Penske Cars
13.1.13. Shift Technologies, Inc.
13.1.14. The Hertz Corporation
13.1.15. TrueCar, Inc.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. USED CAR MARKET RESEARCH PROCESS
FIGURE 2. USED CAR MARKET SIZE, 2023 VS 2030
FIGURE 3. USED CAR MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. USED CAR MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. USED CAR MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. USED CAR MARKET DYNAMICS
FIGURE 7. USED CAR MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2030 (%)
FIGURE 8. USED CAR MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. USED CAR MARKET SIZE, BY FUEL TYPE, 2023 VS 2030 (%)
FIGURE 10. USED CAR MARKET SIZE, BY FUEL TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. USED CAR MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
FIGURE 12. USED CAR MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS USED CAR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS USED CAR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES USED CAR MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES USED CAR MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC USED CAR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC USED CAR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA USED CAR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA USED CAR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. USED CAR MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. USED CAR MARKET SHARE, BY KEY PLAYER, 2023

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