DUBLIN–(BUSINESS WIRE)–The “Used Car Market Research Report by Vehicle Type, Fuel Type, Distribution Channel, State – United States Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.
The United States Used Car Market size was estimated at USD 18.64 billion in 2021, USD 19.06 billion in 2022, and is projected to grow at a CAGR of 4.13% to reach USD 23.78 billion by 2027.
In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.
Cumulative Impact of COVID-19:
The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.
Cumulative Impact of 2022 Russia Ukraine Conflict:
The publisher continuously monitors and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States.
This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.
This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Used Car market considering the current update on the conflict and its global response.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.
It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Used Car Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others.
Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate.
The report answers questions such as:
What is the market size and forecast of the United States Used Car Market?
What are the inhibiting factors and impact of COVID-19 shaping the United States Used Car Market during the forecast period?
Which are the products/segments/applications/areas to invest in over the forecast period in the United States Used Car Market?
What is the competitive strategic window for opportunities in the United States Used Car Market?
What are the technology trends and regulatory frameworks in the United States Used Car Market?
What is the market share of the leading vendors in the United States Used Car Market?
What modes and strategic moves are considered suitable for entering the United States Used Car Market?
Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Used Car Market, including
- Alibaba.com
- Asbury Automotive Group
- AutoNation Inc.
- Carmax Business Service, LLC
- Cox Automotive
- Droom Technology Pvt. Ltd.
- eBay Inc.
- Emil Frey
- Fair Financial Corp
- Group 1 Automotive Inc.
- Hendrick Automotive Group
- Hertz Car Sales
- LITHIA Motor Inc.
- Maruti Suzuki True Value
- Maruti True Value
- Pendragon PLC
- Penske Cars
- Scout24 AG
- TrueCar, Inc.
- Uxin Group
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.1.4. Challenges
5.2. Cumulative Impact of COVID-19
6. Used Car Market, by Vehicle Type
6.1. Introduction
6.2. Hatchback
6.3. Sedan
6.4. SUV
7. Used Car Market, by Fuel Type
7.1. Introduction
7.2. Diesel
7.3. Petrol
8. Used Car Market, by Distribution Channel
8.1. Introduction
8.2. Franchised Dealer
8.3. Independent Dealer
9. California Used Car Market
9.1. Introduction
10. Florida Used Car Market
10.1. Introduction
11. Illinois Used Car Market
11.1. Introduction
12. New York Used Car Market
12.1. Introduction
13. Ohio Used Car Market
13.1. Introduction
14. Pennsylvania Used Car Market
14.1. Introduction
15. Texas Used Car Market
15.1. Introduction
16. Competitive Landscape
16.1. FPNV Positioning Matrix
16.1.1. Quadrants
16.1.2. Business Strategy
16.1.3. Product Satisfaction
16.2. Market Ranking Analysis, By Key Player
16.3. Market Share Analysis, By Key Player
16.4. Competitive Scenario
16.4.1. Merger & Acquisition
16.4.2. Agreement, Collaboration, & Partnership
16.4.3. New Product Launch & Enhancement
16.4.4. Investment & Funding
16.4.5. Award, Recognition, & Expansion
17. Company Usability Profiles
For more information about this report visit https://www.researchandmarkets.com/r/hqhs62
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