United States Used Truck Market Report by Vehicle Type (Light Trucks, Medium-duty Trucks, Heavy-duty Trucks), Sales Channel (Franchise Dealer, Independent Dealer, Peer-to-Peer), End User (Construction, Oil and Gas, and Others), and Region 2024-2032

United States Used Truck Market Report by Vehicle Type (Light Trucks, Medium-duty Trucks, Heavy-duty Trucks), Sales Channel (Franchise Dealer, Independent Dealer, Peer-to-Peer), End User (Construction, Oil and Gas, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A10207
Buy Now

Market Overview:

The United States used truck market size is projected to exhibit a growth rate (CAGR) of 2.9% during 2024-2032. The increasing demand for cost-effective transportation services, rising environmental concerns and stringent emission standards and the integration of advanced technology represent some of the key factors driving the market.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Growth Rate 2024-2032 2.9%


A used truck refers to a pre-owned commercial vehicle previously owned and operated by another party. These trucks are sold in the secondary market and offer an attractive alternative to purchasing new vehicles, especially for businesses seeking to optimize their fleet management costs. They are sold by dealerships or private sellers after their initial period of use, typically to upgrade or replace older fleet vehicles. Used trucks are available in various configurations, including semi-trucks, dump trucks, box trucks, and flatbed trucks, catering to a wide range of industries such as logistics, construction, agriculture, and delivery services. They are typically affordable, making them a more budget-friendly option for individuals or businesses looking to acquire a reliable vehicle.

United States Used Truck Market Trends:

The increasing demand for cost-efficient solutions among businesses that require commercial vehicles for their operations is one of the major drivers contributing to the market growth. In line with this, the growing adoption of used trucks as companies strive to optimize their budgets and reduce capital expenditure, owing to the lower upfront costs is supporting the market growth. Additionally, the widespread product popularity due to the robust nature of commercial trucks ensuring the functionality and performance even after years of use, is providing a thrust to the market growth. Moreover, the increasing utilization of used trucks by industries such as e-commerce and last-mile delivery services due to the growing need logistics network expansion and enhancing delivery capabilities across the country is favoring the market growth In addition to this, the increasing environmental consciousness and sustainability efforts encouraging businesses to reduce their carbon footprint by adopting eco-friendly practices coupled with the growing preference for used trucks that meet stringent emission standards, are positively impacting the market growth. Furthermore, the implementation of various government initiatives that promote the use of environmentally friendly vehicles with incentives, tax breaks, and subsidies prompting businesses and fleet operators to adopt cleaner and more fuel-efficient trucks have accelerated the adoption of used trucks. Besides this, the sudden shift towards technologically advanced used trucks that incorporate telematics systems, global positioning system (GPS) tracking, and other digital solutions enabling businesses to monitor their fleets' performance, optimize routes, and enhance overall operational efficiency, is providing remunerative growth opportunities for the market. 

United States Used Truck Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the United States used truck market report, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on vehicle type, sales channel, and end user.

Vehicle Type Insights:

United States Used Truck Market Report

  • Light Trucks
  • Medium-duty Trucks
  • Heavy-duty Trucks
     

The report has provided a detailed breakup and analysis of the market based on the vehicle type. This includes light trucks, medium-duty trucks, and heavy-duty trucks.

Sales Channel Insights:

  • Franchise Dealer
  • Independent Dealer
  • Peer-to-Peer
     

A detailed breakup and analysis of the market based on the sales channel has also been provided in the report. This includes franchise dealer, independent dealer, and peer-to-peer.

End User Insights:

  • Construction
  • Oil and Gas
  • Others
     

A detailed breakup and analysis of the market based on the end user has also been provided in the report. This includes construction, oil and gas and others.

Regional Insights:

United States Used Truck Market Report

  • Northwest
  • Midwest
  • South
  • West
     

The report has also provided a comprehensive analysis of all the major regional markets, which include Northwest, Midwest, South and West.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

United States Used Truck Market Report Coverage:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 
  • Vehicle Type
  • Sales Channel
  • End User
  • Region
Vehicle Types Covered Light Trucks, Medium-duty Trucks, Heavy-duty Trucks
Sales Channels Covered Franchise Dealer, Independent Dealer, Peer-to-Peer
End Users Covered Construction, Oil and Gas, Others
Regions Covered Northeast, Midwest, South, West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the United States used truck market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the United States used truck market?
  • What is the breakup of the United States used truck market on the basis of vehicle type?
  • What is the breakup of the United States used truck market on the basis of sales channel?
  • What is the breakup of the United States used truck market on the basis of end user?
  • What are the various stages in the value chain of the United States used truck market?
  • What are the key driving factors and challenges in the United States used truck market?
  • What is the structure of the United States used truck market and who are the key players?
  • What is the degree of competition in the United States used truck market?

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States used truck market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the United States used truck market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States used truck industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
United States Used Truck Market Report by Vehicle Type (Light Trucks, Medium-duty Trucks, Heavy-duty Trucks), Sales Channel (Franchise Dealer, Independent Dealer, Peer-to-Peer), End User (Construction, Oil and Gas, and Others), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARATI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More
DEinternational Egypt

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

Read More