Worldwide Opportunity Outlook on the Used Trucks Market (2018-2022) by Vehicle Type, Region and Vendor
Dublin, Dec. 11, 2018 (GLOBE NEWSWIRE) -- The "Global Used Trucks Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global used trucks market to grow at a CAGR of over 5% during the forecast period.
The latest trend gaining momentum in the market is the vehicle makers entering used truck market. Automotive manufacturers are increasingly recognizing the benefits of maintaining an online presence as it helps to bridge the gap between customer and dealer, generates leads, and also promotes upcoming vehicle models.
According to the report, one of the major drivers for this market is the comprehensive quality checking systems deployed by used trucks dealers.
Further, the report states that one of the major factors hindering the growth of this market is the increase supply of used trucks. The increasing supply of used trucks in the market will bring down their prices, leading to lower profit margins for used truck dealers and aggravating market.
Competitive Landscape
The market appears to be fragmented owing to the presence of several established and regional vendors. The value proposition of used trucks has a direct impact on the market which has provided a new growth opportunity among the vendors. This has also raised the level of competition in this fragmented market will further intensify in the coming years.
This used trucks industry analysis report will help clients in identifying new growth opportunities and designing new growth strategies, in light of the competition available in this domain.
Key Players
- Penske Automotive Group
- MHC
- CommercialTruckTrader.com
- IndoTrux (NAB Technologies)
- Daimler
- Renault
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY VEHICLE TYPE
- Segmentation by vehicle type
- Comparison by vehicle type
- Pickup trucks - Market size and forecast 2017-2022
- Others - Market size and forecast 2017-2022
- Market opportunity by vehicle type
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas - Market size and forecast 2017-2022
- EMEA - Market size and forecast 2017-2022
- APAC - Market size and forecast 2017-2022
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Touchpoint management systems integrated with artificial intelligence
- Vehicle makers entering used trucks market
- Demand for truck rental services
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Penske Automotive Group
- MHC
- CommercialTruckTrader.com
- IndoTrux (NAB Technologies)
- Daimler
- Renault
For more information about this report visit https://www.researchandmarkets.com/research/ddnqgc/worldwide?w=12
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