MarkNtel Advisors – Leading Market Research Company found North America Used Truck Market is expected to reach 6.5% CAGR Growth By 2028.
This report provides a comprehensive analysis of the North America Used Truck Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the North America Used Truck Market
Base Year: 2022
Forecast Years: 2023-2028
Historical Years: 2018-2021
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Scope of the North America Used Truck Market Report:
The North America Used Truck Market is expected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2023-28. Most of the market expansion would be propelled by the rapidly increasing number of construction and development projects across different countries in the region, backed by substantial government support and investments. It, in turn, is augmenting the demand for used trucks, which are easily available at affordable prices.
Which prominent factor is expected to drive the North America Used Truck Market during 2023-28?
Backed with the improvement in the road connectivity and trade across different countries in the region, the transportation industry in North America is growing substantially and demonstrating a peaking demand for used trucks. As a result, key players are tapping these opportunities and widening their offerings, thereby generating substantial revenue and contributing to the overall growth trajectory of the market in the region.
What are the different Segment Available in the North America Used Truck Market?
By Application
- Construction
- Mining
- Logistics
By Capacity
- 5 tons to 7.5 tons
- 5 tons to 16 tons
- Above 16 tons
By Fuel Type
- Diesel
- Petrol
- Gasoline/CNG
- Electric and Hybrid
By Vehicle Type
- Light Truck
- Medium-duty Truck
- Heavy-duty Truck
By Country
- United States
- Canada
- Mexico.
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Leading North America Used Truck companies operating in the Market
- Scania AB
- AB Volvo
- Kenworth
- Freightliner Used Trucks
- Cummins
- Paccar
- Peterbilt
- International
- Isuzu
- Dodge.
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