Used Car Market in the US 2018-2022

Used Car Market in the US 2018-2022

  • February 2018 •
  • 95 pages •
  • Report ID: 2979035 •
  • Format: PDF
About Used Cars

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Technavio’s analysts forecast that the Used Car Market in the US 2018-2022 to grow at a CAGR of 1.96% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of Used Car Market in the US 2018-2022.

The market is divided into the following segments based on product types:
• Mid size
• Full size
• Compact size

Technavio’s report Used Car Market in the US 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
AutoNation.com
CarMax Business Services
Carvana
Holman Automotive Group
Penske Automotive Group
Sonic Automotive

Market driver
• Increased penetration of websites dedicated to selling used cars
• For a full, detailed list, view our report

Market challenge
• Increasing preference for car subscription services
• For a full, detailed list, view our report

Market trend
• Vehicle makers to use artificial intelligence for managing sales of used cars
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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