North America Used Truck Market Dynamics – Driver, Segment & Competition FY2028

Overview of the North America Used Truck Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “North America Used Truck Market By Application (Construction, mining and Logistics), By Capacity (3.5 to 7.5 tons, 7.5 tons to 16 tons and Above 16 tons), By Fuel Type (Gasoline/CNG, Diesel, Petrol and Electric and Hybrid), By Vehicle Type (Light, Medium-duty and Heavy Truck), 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. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

North America Used Truck Market Growth and Scope:

Base Year: 2022

Forecast Period: 2023-28

Historical Data: 2018-21

CAGR (2023-2028): 6.5%

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Key Driver: Expanding Transportation Industry throughout the Region

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.

A Comprehensive Analysis of Leading Companies of North America Used Truck Market by MarkNtel Advisors:

Scania AB
AB Volvo
Kenworth
Freightliner Used Trucks
Cummins
Paccar
Peterbilt
International
Isuzu
Dodge

Key North America Used Truck Market Segmentation:

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/north-america-used-truck-market.html

-By Application

Construction
Mining
Logistics

Among all, the construction application is anticipated to make substantial contributions to the expansion of the North America Used Trucks Market during 2023-28.

-By Vehicle Type

Light Vehicles
Medium Duty Vehicles
Heavy-Duty Vehicles

Here, Heavy Duty Vehicles are projected to acquire the largest share in the North America Used Trucks Market during the forecast period.

-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

Geographical Analysis

-By Country

United States
Canada
Mexico

Of all countries, Mexico is emerging as a country with substantial opportunities for the players to expand their offerings and drive the Used Trucks Market during the forecast period.

Key Reports Highlights:

Market Dimensions Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

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Key Advantages of the Report by MarkNtel Advisors:

Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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