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Used Car Market Size, Share, Trends, and Forecast to 2030

Global Used Car Market Forecast to 2030 - COVID-19 Impact and Analysis by Vendor Type (Organized and Unorganized); Propulsion (Conventional and Electric); Sales Channel (Offline and Online); Vehicle Type (Compact Car, Mid-Sized, and SUV); and Geography

The global used car market research reports offer a thorough research study from the forecast period from 2020 to 2030. The market research report offers the current and future understanding of the global used car market.

The global used car market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. It also offers market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The report covers a complete analysis, including market trends, market size, market share, market growth estimates.

The global used car market is driven by several aspects such as inability of customers to buy new cars, certified used vehicle programs, standardized dealership experience, digital revolution and among others, are driving the growth of the used car market globally over the forecast period from 2020 to 2030.

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Global Used Car Market Segmentation

Global Used Car Market – by Vendor Type

·        Organized

·        Unorganized

Global Used Car Market – by Propulsion

·       Conventional

·       Electric

Global Used Car Market – by Sales Channel

·       Offline

·       Online

Global Used Car Market – by Vehicle Type

·       Compact Car

·       Mid-Sized

·       SUV

Global Used Car Market – by Geography

·        North America (US, Canada, Mexico)

·        Europe (Germany, France, Italy, UK, Russia, Spain, Netherlands, Rest of Europe)

·        Asia-Pacific (China, India, South Korea, Japan, Australia, Singapore, Rest of APAC)

·        LAMEA (Latin America, Middle East, Africa)

Key Players

1.      Asbury Automotive Group

2.      AutoNation

3.      CarMax Inc.


5.      Cars24 Services Private Ltd.

6.      Emil Frey Classics AG

7.      Group 1 Automotive Inc.

8.      Hendrick Automotive Group

9.      Lithia Motors, Inc.

10.   Mahindra First Choice

11.   Pendragon PLC

12.   Penske Automotive Group Inc.

13.   Sonic Automotive

14.   TrueCar Inc.

15.   Vroom Inc.

The global used car market research report offers a brand recall study that aims to recall a brand (unaided/aided) based on several circumstances. This strategy will help the company to make people more aware of the brand mainly by targeting a relevant, high-quality audience.

The market research report precisely defines global used car market share, company profiles, geographical viewpoint, key developments, strategic analysis, investment pocket analysis, perceptual mapping, ecosystem/value chain analysis, improvement Venn diagram, PEST analysis, Porter’s five force analysis, NOISE analysis, SWOT analysis, new market entry, and several other factors with respect to the market to understand the market situation better.

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Our sample report comprises a complete introduction and understanding of the market research report, list of tables, graphs, and figures, competitive landscape, market segmentation, key insights, future development based on research methodology.


Market Dynamics

Competitive Analysis

Market Future Trends and Market Viewpoint

Market Share and Analysis

Key Insights


Brand Recall/Brand Awareness

Study Objective

Our study examines and forecasts the market size of the global used car market

To understand the key insights on the global used car market

To pinpoint drivers, restraints, opportunities, and challenges for the global used car market

To examine key strategy and developments such as mergers & acquisitions, agreements, collaborations, and partnerships, etc., in the global used car market

To recognize and analyze the profile of key players working in the global used car market

Global used car market report helps in making informed business decisions by having a thorough analysis of the market and by making in-depth analysis of market segments

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