According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on North America Used Truck Market - Industry Trends and Forecast to 2028 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
North America Used Truck Market Analysis and Size
The North America Used Truck Market is expected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2023-28.
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Some of the major players operating in the North America Used Truck Market are Scania AB, AB Volvo, Kenworth, Freightliner Used Trucks, Cummins, Paccar, Peterbilt, International, Isuzu, Dodge,.
North America Used Truck Market Growth Driver:
Backed with the improvement in the road connectivity and trade across different countries in the region, the transportation industry in North America is growing substantially and demonstrating a peaking demand for used trucks. As a result, key players are tapping these opportunities and widening their offerings, thereby generating substantial revenue and contributing to the overall growth trajectory of the market in the region.
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Market Segment and Geographical Analysis
By Application
- Construction
- Mining
- Logistics
By Capacity
- 3.5 tons to 7.5 tons
- 7.5 tons to 16 tons
- Above 16 tons
By Fuel Type
- Diesel
- Petrol
- Gasoline/CNG
- Electric and Hybrid
By Vehicle Type
- Light Truck
- Medium-duty Truck
- Heavy-duty Truck
By Country
- United States
- Canada
- Mexico
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