Global Used Car Market 2020-2024
The analyst has been monitoring the global used car market 2020-2024 and it is poised to grow by 34.53 mn units during 2020-2024, progressing at a CAGR of 6% during the forecast period. Our reports on global used car market 2020-2024 provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by excellent value for money for used cars. In addition, increasing preference of the manufacturers toward online portals is anticipated to boost the growth of the global used car market 2020-2024 as well.
Market Segmentation The global used car market 2020-2024 is segmented as below:
• Mid Size
• Full Size
• Compact Size
• North America
• South America
Key Trends for global used car market 2020-2024 growth This study identifies increasing preference of the manufacturers toward online portals as the prime reasons driving the global used car market 2020-2024 growth during the next few years.
Prominent vendors in global used car market 2020-2024 We provide a detailed analysis of around 25 vendors operating in the global used car market 2020-2024, including some of the vendors such as Alibaba Group Holding Ltd., Asbury Automotive Group Inc., AutoNation Inc., eBay Inc., Group 1 Automotive Inc., Hendrick Automotive Group, Lithia Motors Inc., Penske Corp. Inc., Scout24 AG and TrueCar Inc. .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Our reports have been used by over 10K customers, including:
Global Used Car Market By Vehicle Type (Hatchback, Sedan, SUV/MPV), By Propulsion Type (Internal Combustion Engine, Electric), By Sales Channel (Offline, Online), By End-Use (Institutional, Individual), By Region, Forecast & Opportunities, 2017- 2027F The global used car market was valued at USD 813.79 billion in the...
175 pages •
By The Business Research Company
• Aug 2022
Major players in the used cars market are Hendrick Automotive Group, Group 1 Automotive, Inc., Cox Automotive, Asbury Automotive Group, Inc., CarMax Business Services LLC, TrueCar, Inc, Pendragon PLC, Lithia Motors, Inc., The Hertz Corporation, AutoNation, Quikr, Honda Auto Terrace, Toyota U-Trust, Vroom, OLX, Cars24 services private limited,...
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