DUBLIN–(BUSINESS WIRE)–The “Used Car Market in the US 2021-2025” report has been added to ResearchAndMarkets.com’s offering.
The used car market in the US is poised to grow by 3.91 mn units during 2021-2025, progressing at a CAGR of almost 2%
The market is driven by the reducing ownership cycle of cars and increasing technological innovations in passenger cars.
The report on used car market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current US market scenario, latest trends and drivers, and the overall market environment. The used car market in US analysis include product segment and distribution channel segment.
This study identifies the increased penetration of websites dedicated to selling used cars as one of the prime reasons driving the used car market in US growth during the next few years.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading used car market in US vendors that include Alibaba Group Holding Ltd., Amazon.com Inc., Asbury Automotive Group Inc., AutoNation Inc., CarMax Inc., Cox Automotive Inc., eBay Inc., Pendragon Plc, Penske Automotive Group Inc., and TrueCar Inc.
Also, the used car market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Key Topics Covered:
Executive Summary
- Market overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
Market Segmentation by Product
- Market segments
- Comparison by Product
- Mid size – Market size and forecast 2020-2025
- Full size – Market size and forecast 2020-2025
- Compact size – Market size and forecast 2020-2025
- Market opportunity by Product
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Third-party channel sales – Market size and forecast 2020-2025
- OEM channel sales – Market size and forecast 2020-2025
- Market opportunity by Distribution channel
Customer landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
- Competitive Scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Alibaba Group Holding Ltd.
- Amazon.com Inc.
- Asbury Automotive Group Inc.
- AutoNation Inc.
- CarMax Inc.
- Cox Automotive Inc.
- eBay Inc.
- Pendragon Plc
- Penske Automotive Group Inc.
- TrueCar Inc.
Appendix
For more information about this report visit https://www.researchandmarkets.com/r/iia3n5
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