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Used Truck Market Share

Report ID: GMI5905
Published Date: May 2023
Report Format: PDF

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Used Truck Market Share

Some major players operating in the used truck industry are

AmeriQuest Used Trucks
Volvo Trucks
Arrow Truck Sales
Daimler Trucks North America (DTNA)
Enterprise Truck Rental
International Used Trucks
Ryder System, Inc.
Knight-Swift Transportation
Daimler AG
Navistar International Corporation
PACCAR (Kenworth and Peterbilt)

These players focus on strategic partnerships and new product launches & commercialization for market expansion. Furthermore, these players are heavily investing in research, allowing them to introduce innovative products and garner maximum revenue in the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of used truck exceeded USD 40 billion in 2022 and will witness 9% CAGR from 2023-2032 driven by the rapidly expanding construction, agricultural & e-commerce sectors worldwide.

Demand for used medium-duty trucks recorded over 45% of the overall industry share in 2022 owing to rising application in parcel delivery services, construction, utilities, and towing.

Asia Pacific dominated 70% of the used truck business share in 2022 owing to the high demand for transportation & logistics services in the region.

AmeriQuest Used Trucks, Volvo Trucks, Arrow Truck Sales, Daimler Trucks North America (DTNA), Enterprise Truck Rental, International Used Trucks, Ryder System, Inc., and Knight-Swift Transportation are some of the used truck companies.