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Used Truck Market Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
Used Truck Market
The Business Research Company's Used Truck Global Market Report 2023 identifies the rise in the construction industry as the major driver for the Used Truck market's growth in the forecast period. The construction industry is the industrial segment of production and commerce concerned with constructing, repairing, renovating, and maintaining infrastructures. Used trucks are used for transporting several construction materials on construction sites.
The global used trucks market is expected to grow from $42.59 billion in 2022 to $45.39 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The used trucks market is expected to reach $58.12 billion in 2027 at a CAGR of 6.4%.
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Major competitors in the Used Truck market are Mercedes Benz AG, Daimler Truck AG, Charter Trucks Co, Renault SA, AB Volvo
A key trend in the Used Truck market includes introducing innovative used truck brands and sites. Major companies operating in the used truck market are focused on developing innovative solutions to strengthen their position in the market.
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The Used Truck market is segmented -
• By Type: Light-Duty Truck, Medium-Duty Truck, Heavy-Duty Truck
• By Fuel Type: Gasoline, Electric, Diesel
• By Sales Channel: Franchised Dealer, Independent Dealer, Peer-To-Peer
• By End-Use: Construction, Oil And Gas, Mining, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Used Truck market.
The Business Research Company's "Global Used Truck Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Used Truck Market Include:
1. Executive Summary
2. Used Truck Market Characteristics
3. Used Truck Market Trends And Strategies
4. Used Truck Market - Macro Economic Scenario
5. Global Used Truck Market Size and Growth
……
32. Global Used Truck Market Competitive Benchmarking
33. Global Used Truck Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Used Truck Market
35. Used Truck Market Future Outlook and Potential Analysis
36. Appendix
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