Used Car Market in US : Insights On Vendors Analysis
Used
Car Market in US will register a CAGR of 2% during
2020-2024. The market’s growth momentum will Accelerate.
proliferation of websites selling
used cars will be one of the major factors driving the growth of this market.
Additionally, key Used Car Market in US trends such as the improved touchpoint
management will also influence market growth during the forecast period.
Used
Car Market in US Size
During the forecast period, the Used Car Market in US size will grow by 4.25 mn units.
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Used
Car Market in US : Vendors
The market is concentrated and owing
to the growth opportunities, the level of competition among the companies in
this market space will intensify further. are some of the major companies in
the Used Car Market in US. Though the forecast period offers opportunities for
vendors to increase their market share, factors such as the will
also challenge the growth of the companies.
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..list
are some of the companies covered in
Technavio’s Used Car Market in US report for 2020-2024.
Used
Car Market in US : Region-level Analysis
The report identifies region-level
market dynamics, developments, and key markets. The regional level analysis
also identifies the market share, growth momentum, and key leading countries in
the Used Car Market in US.
The Mid SIze Cars will account for
the largest Used Car Market in US share and during 2020-2024, the region
will contribute to 56% of the market’s growth.
In addition to regions and the key
companies involved, Technavio’s Used Car Market in US report also analyzes the
market by Mid size | Full size | Compact size | Third-party channel sales | OEM
channel sales.
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