Used Semi Truck Market is expected to grow with a CAGR of 5.1% from 2023 to 2030.
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This report describes the global market size of Used Semi Truck Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 5.1% from 2023 to 2030.
A "used semi-truck" is a commercial vehicle that has previously been owned and operated. Semi-trucks, often known as tractor-trailers, big rigs, or 18-wheelers, are enormous trucks used for long-distance transportation of commodities. These trucks are made up of a tractor unit (front portion) and a trailer (back half), and they have a large cargo capacity and the ability to move huge loads.
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Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Used Semi Truck Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 5.1% during the forecast period 2023-2030. North American market for Used Semi Truck Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of % during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Used Semi Truck Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Vehicle Type
Light Truck
Medium-duty Truck
Heavy-duty Truck
The used semi-truck market includes a wide range of previously owned and driven commercial vehicles. The market is divided into three sections based on vehicle type: small trucks, medium-duty trucks, and heavy-duty trucks. Each section meets unique transportation requirements and industry uses.
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By Fuel Type
Diesel
Petrol
Due to their fuel economy and torque, diesel-powered used semi trucks are a popular choice in the commercial trucking business, making them perfect for high loads and long distances. Despite their higher cost, diesel engines provide better fuel economy, which saves transportation businesses money. Petrol trucks are less widespread and more common in smaller vehicles but are less common in heavy-duty applications. Buyers think about things like fuel efficiency and maintenance expenses.
By Sales Channel
Franchised Dealer
Independent Dealer
Peer-to-Peer
Franchised dealers are certified retailers associated with certain truck manufacturers who provide a uniform purchasing experience, manufacturer-backed warranties, and quality assurance. Independent dealers obtain secondhand semi-trucks from a variety of sources, giving a diversified inventory at a variety of price points. Peer-to-peer transactions, in which people or businesses sell old semi-trucks directly to one another, provide a flexible marketplace for buyers and sellers, but buyers must exercise prudence, conduct extensive inspections, and arrange third-party assessments.
By Propulsion Type
ICE
Electric
Used semi-trucks with Internal Combustion Engines (ICE) continue to be a dominant force in the commercial trucking sector, with a wide range of engine sizes and combinations available. The market for secondhand electric semi-trucks is growing, providing a clean, sustainable alternative powered by batteries that offers environmental benefits as well as possible operational cost savings.
By Company
MAN
Please ask for sample pages for full companies list.
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