Global Used Car Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 10/11/2022
- NO OF PAGES
- 211
- CATEGORY
- Automotive & Transportation
The Used Car market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Used Car market. On the basis of historic growth analysis and current scenario of Used Car market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tool that facilitate deeper understanding of multiple aspects of global Used Car market. These further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Used Car market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Used Car market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Used Car Market: Major Players
Magus Cars Ltd
Ford Assured
OLX
Mahindra
CarDekho.com
Audi Approved Plus
Mercedes-Benz Certified
Toyota U Trust
CARS24
Das Welt Auto
Hyundai H Promise
Maruti Suzuki True Value
Mahindra First Choice Wheels
Tata Motors Assured
Honda Auto Terrace
BMW Premium Selection
Global Used Car Market: By Types
Commercial Vehicles
Passenger Cars
Global Used Car Market: By Applications
Dealerships/Broker
C2C
Global Used Car Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Used Car market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Used Car Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023This report examines all the key factors influencing growth of global Used Car market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Used Car market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Used Car Market: Major Players
Magus Cars Ltd
Ford Assured
OLX
Mahindra
CarDekho.com
Audi Approved Plus
Mercedes-Benz Certified
Toyota U Trust
CARS24
Das Welt Auto
Hyundai H Promise
Maruti Suzuki True Value
Mahindra First Choice Wheels
Tata Motors Assured
Honda Auto Terrace
BMW Premium Selection
Global Used Car Market: By Types
Commercial Vehicles
Passenger Cars
Global Used Car Market: By Applications
Dealerships/Broker
C2C
Global Used Car Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Used Car market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Used Car Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1 Used Car Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Used Car
1.3 Used Car Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Used Car Revenue and Growth Rate from 2016-2030
1.4 Market Segmentation
1.4.1 Types of Used Car
1.4.2 Applications of Used Car
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Used Car Industry Trends
1.5.2 Used Car Drivers
1.5.3 Used Car Market Challenges
1.5.4 Used Car Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Used Car Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Used Car Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Used Car Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Used Car
2.2.1 Major Players Manufacturing Base of Used Car in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Used Car Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Used Car
2.3.3 Labor Cost of Used Car
2.4 Market Channel Analysis of Used Car
2.5 Major Down Stream Customers by Application
3 Global Used Car Market, by Type
3.1 Global Used Car Revenue and Market Share by Type (2016-2021)
3.2 Global Used Car Production and Market Share by Type (2016-2021)
3.3 Global Used Car Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Used Car Revenue and Growth Rate of Commercial Vehicles
3.3.2 Global Used Car Revenue and Growth Rate of Passenger Cars
3.4 Global Used Car Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Used Car Market, by Application
4.1 Downstream Market Overview
4.2 Global Used Car Consumption and Market Share by Application (2016-2021)
4.3 Global Used Car Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Used Car Consumption and Growth Rate of Dealerships/Broker (2016-2021)
4.3.2 Global Used Car Consumption and Growth Rate of C2C (2016-2021)
5 Global Used Car Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Used Car Revenue and Market Share by Region (2016-2021)
5.2 Global Used Car Consumption and Market Share by Region (2016-2021)
5.3 Global Used Car Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Used Car Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Used Car Market Under COVID-19
5.4.2 North America Used Car SWOT Analysis
5.5 Europe Used Car Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Used Car Market Under COVID-19
5.5.2 Europe Used Car SWOT Analysis
5.6 China Used Car Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Used Car Market Under COVID-19
5.6.2 China Used Car SWOT Analysis
5.7 Japan Used Car Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Used Car Market Under COVID-19
5.7.2 Japan Used Car SWOT Analysis
5.8 Middle East and Africa Used Car Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Used Car Market Under COVID-19
5.8.2 Middle East and Africa Used Car SWOT Analysis
5.9 India Used Car Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Used Car Market Under COVID-19
5.9.2 India Used Car SWOT Analysis
5.10 South America Used Car Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Used Car Market Under COVID-19
5.10.2 South America Used Car SWOT Analysis
5.11 South Korea Used Car Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Used Car Market Under COVID-19
5.11.2 South Korea Used Car SWOT Analysis
5.12 Southeast Asia Used Car Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Used Car Market Under COVID-19
5.12.2 Southeast Asia Used Car SWOT Analysis
6 Global Used Car Production by Top Regions (2016-2021)
6.1 Global Used Car Production by Top Regions (2016-2021)
6.2 North America Used Car Production and Growth Rate
6.3 Europe Used Car Production and Growth Rate
6.4 China Used Car Production and Growth Rate
6.5 Japan Used Car Production and Growth Rate
6.6 India Used Car Production and Growth Rate
7 Global Used Car Consumption by Regions (2016-2021)
7.1 Global Used Car Consumption by Regions (2016-2021)
7.2 North America Used Car Consumption and Growth Rate
7.3 Europe Used Car Consumption and Growth Rate
7.4 China Used Car Consumption and Growth Rate
7.5 Japan Used Car Consumption and Growth Rate
7.6 Middle East & Africa Used Car Consumption and Growth Rate
7.7 India Used Car Consumption and Growth Rate
7.8 South America Used Car Consumption and Growth Rate
7.9 South Korea Used Car Consumption and Growth Rate
7.10 Southeast Asia Used Car Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 Magus Cars Ltd Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Used Car Product Profiles, Application and Specification
8.2.3 Magus Cars Ltd Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Ford Assured Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Used Car Product Profiles, Application and Specification
8.3.3 Ford Assured Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 OLX Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Used Car Product Profiles, Application and Specification
8.4.3 OLX Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 Mahindra Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Used Car Product Profiles, Application and Specification
8.5.3 Mahindra Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 CarDekho.com Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Used Car Product Profiles, Application and Specification
8.6.3 CarDekho.com Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Audi Approved Plus Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Used Car Product Profiles, Application and Specification
8.7.3 Audi Approved Plus Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Mercedes-Benz Certified Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Used Car Product Profiles, Application and Specification
8.8.3 Mercedes-Benz Certified Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 Toyota U Trust Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Used Car Product Profiles, Application and Specification
8.9.3 Toyota U Trust Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 CARS24 Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Used Car Product Profiles, Application and Specification
8.10.3 CARS24 Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Das Welt Auto Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Used Car Product Profiles, Application and Specification
8.11.3 Das Welt Auto Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 Hyundai H Promise Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Used Car Product Profiles, Application and Specification
8.12.3 Hyundai H Promise Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 Maruti Suzuki True Value Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Used Car Product Profiles, Application and Specification
8.13.3 Maruti Suzuki True Value Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
8.14 Mahindra First Choice Wheels Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Used Car Product Profiles, Application and Specification
8.14.3 Mahindra First Choice Wheels Sales, Revenue, Price, Gross Margin 2016-2021
8.14.4 Company Recent Development
8.14.5 Strategies for Company to Deal with the Impact of COVID-19
8.15 Tata Motors Assured Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Used Car Product Profiles, Application and Specification
8.15.3 Tata Motors Assured Sales, Revenue, Price, Gross Margin 2016-2021
8.15.4 Company Recent Development
8.15.5 Strategies for Company to Deal with the Impact of COVID-19
8.16 Honda Auto Terrace Market Performance Analysis
8.16.1 Company Profiles
8.16.2 Used Car Product Profiles, Application and Specification
8.16.3 Honda Auto Terrace Sales, Revenue, Price, Gross Margin 2016-2021
8.16.4 Company Recent Development
8.16.5 Strategies for Company to Deal with the Impact of COVID-19
8.17 BMW Premium Selection Market Performance Analysis
8.17.1 Company Profiles
8.17.2 Used Car Product Profiles, Application and Specification
8.17.3 BMW Premium Selection Sales, Revenue, Price, Gross Margin 2016-2021
8.17.4 Company Recent Development
8.17.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global Used Car Market Analysis and Forecast by Type and Application
9.1 Global Used Car Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Commercial Vehicles Market Revenue and Volume Forecast (2021-2026)
9.1.2 Passenger Cars Market Revenue and Volume Forecast (2021-2026)
9.2 Global Used Car Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Dealerships/Broker Market Revenue and Volume Forecast (2021-2026)
9.2.2 C2C Market Revenue and Volume Forecast (2021-2026)
10 Used Car Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Used Car Market Trends Analysis
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
 
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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