Global Used Car Market 2018-2022

Global Used Car Market 2018-2022

  • May 2018 •
  • 110 pages •
  • Report ID: 4899102 •
  • Format: PDF
About Used Car

Used cars, also known as second-hand cars or pre-owned cars, are sold through online platforms, including social media and traditional walk-in used car stores. Online used-car companies help people in buying and selling used cars.
Technavio’s analysts forecast the global used car market to grow at a CAGR of 5.09% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global used car market for 2018-2022. To calculate the market size, the report considers the revenues generated by sales of mid-size, compact size, and full-size cars across different end-user segments.

The market is divided into the following segments based on geography:

Technavio’s report, Global Used Car Market 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
•Alibaba Group
•Autotrader (Cox Automotive)
•PenskeCars (Penske Automotive Group)

Market driver
•Increasing number of new models of cars launched due to high competition
•For a full, detailed list, view our report

Market challenge
•Increasing demand for car-sharing services
•For a full, detailed list, view our report

Market trend
•Growing demand for car subscription services
•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?

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