FEATURED COMPANIES
- AutoNation Inc.
- Cox Automotive Inc.
- eBay Inc.
- Emil Frey AG
- Maruti Suzuki India Ltd.
- Pendragon PLC
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Global Used Cars Market: About this market
The used cars market analysis considers sales from various outlets such as franchises, independent car dealers, rental car companies, and private party sales. Our report also considers the sales of used cars in APAC, Europe, MEA, North America, and South America. In 2019, the mid-size cars segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as comfort, safety, cost of ownership, and warranty will play a significant role in the mid-size cars segment to maintain its market position. Also, our global used cars market report looks at factors such as growing sales of used cars through online platforms and growing demand for used cars in emerging economies. However, inventory management issues faced by automotive dealers, real estate constraints in terms of space and cost, and growing popularity of the car-subscription model may hamper the growth of the used cars industry over the forecast period.
Global Used Cars Market: Overview
Growing demand for used cars in emerging economies
The demand for used cars is increasing at a faster pace in emerging economies than the developed economies. China’s Ministry of Commerce allowed the export of used cars from China, which is expected to create a flow of used cars in the international market. Similarly, other economies in Africa, such as Nigeria, Algeria, Egypt, Morocco, and Tunisia, are also witnessing a strong demand for used cars leading to the expansion of the global used cars market at a CAGR of over 5% during the forecast period.
Improved touchpoint management
Automotive dealers with websites for used cars are increasingly using touchpoint management technologies to get feedback from their customers. A used car website becomes the primary touchpoint and helps the potential buyer to research about various car models, features, prices, and locations. Hence, it is imperative for online used car dealers to create an attractive website to draw the attention of customers. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global used cars market is fragmented. 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 cars manufacturers, that include Alibaba Group Holding Ltd., Asbury Automotive Group Inc., AutoNation Inc., Cox Automotive Inc., eBay Inc., Emil Frey AG, Maruti Suzuki India Ltd., Pendragon PLC, Penske Automotive Group Inc., and TrueCar Inc.
Also, the used cars market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The used cars market analysis considers sales from various outlets such as franchises, independent car dealers, rental car companies, and private party sales. Our report also considers the sales of used cars in APAC, Europe, MEA, North America, and South America. In 2019, the mid-size cars segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as comfort, safety, cost of ownership, and warranty will play a significant role in the mid-size cars segment to maintain its market position. Also, our global used cars market report looks at factors such as growing sales of used cars through online platforms and growing demand for used cars in emerging economies. However, inventory management issues faced by automotive dealers, real estate constraints in terms of space and cost, and growing popularity of the car-subscription model may hamper the growth of the used cars industry over the forecast period.
Global Used Cars Market: Overview
Growing demand for used cars in emerging economies
The demand for used cars is increasing at a faster pace in emerging economies than the developed economies. China’s Ministry of Commerce allowed the export of used cars from China, which is expected to create a flow of used cars in the international market. Similarly, other economies in Africa, such as Nigeria, Algeria, Egypt, Morocco, and Tunisia, are also witnessing a strong demand for used cars leading to the expansion of the global used cars market at a CAGR of over 5% during the forecast period.
Improved touchpoint management
Automotive dealers with websites for used cars are increasingly using touchpoint management technologies to get feedback from their customers. A used car website becomes the primary touchpoint and helps the potential buyer to research about various car models, features, prices, and locations. Hence, it is imperative for online used car dealers to create an attractive website to draw the attention of customers. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global used cars market is fragmented. 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 cars manufacturers, that include Alibaba Group Holding Ltd., Asbury Automotive Group Inc., AutoNation Inc., Cox Automotive Inc., eBay Inc., Emil Frey AG, Maruti Suzuki India Ltd., Pendragon PLC, Penske Automotive Group Inc., and TrueCar Inc.
Also, the used cars market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- AutoNation Inc.
- Cox Automotive Inc.
- eBay Inc.
- Emil Frey AG
- Maruti Suzuki India Ltd.
- Pendragon PLC
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
Exhibit 01: Global vehicles in operation
Exhibit 02: Segments of global vehicles in operation
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Product portfolio of key vendors
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 (million units)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Type - Market share 2019-2024 (%)
Exhibit 19: Comparison by type
Exhibit 20: Mid-size cars - Market size and forecast 2019-2024 (million units)
Exhibit 21: Mid-size cars - Year-over-year growth 2020-2024 (%)
Exhibit 22: Full-size cars - Market size and forecast 2019-2024 (million units)
Exhibit 23: Full-size cars - Year-over-year growth 2020-2024 (%)
Exhibit 24: Compact cars - Market size and forecast 2019-2024 (million units)
Exhibit 25: Compact cars - Year-over-year growth 2020-2024 (%)
Exhibit 26: Market opportunity by type
Exhibit 27: Customer landscape
Exhibit 28: Market share by geography 2019-2024 (%)
Exhibit 29: Geographic comparison
Exhibit 30: North America - Market size and forecast 2019-2024 (million units)
Exhibit 31: North America - Year-over-year growth 2020-2024 (%)
Exhibit 32: Europe - Market size and forecast 2019-2024 (million units)
Exhibit 33: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 34: APAC - Market size and forecast 2019-2024 (million units)
Exhibit 35: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 36: South America - Market size and forecast 2019-2024 (million units)
Exhibit 37: South America - Year-over-year growth 2020-2024 (%)
Exhibit 38: MEA - Market size and forecast 2019-2024 (million units)
Exhibit 39: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 40: Key leading countries
Exhibit 41: Market opportunity
Exhibit 42: Impact of drivers and challenges
Exhibit 43: Vendor landscape
Exhibit 44: Landscape disruption
Exhibit 45: Vendors covered
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: Alibaba Group Holding Ltd. - Vendor overview
Exhibit 49: Alibaba Group Holding Ltd. - Business segments
Exhibit 50: Alibaba Group Holding Ltd. - Organizational developments
Exhibit 51: Alibaba Group Holding Ltd. - Segment focus
Exhibit 52: Alibaba Group Holding Ltd. - Key offerings
Exhibit 53: Asbury Automotive Group Inc. - Vendor overview
Exhibit 54: Asbury Automotive Group Inc. - Business segments
Exhibit 55: Asbury Automotive Group Inc. - Organizational developments
Exhibit 56: Asbury Automotive Group Inc. - Segment focus
Exhibit 57: Asbury Automotive Group Inc. - Key offerings
Exhibit 58: AutoNation Inc. - Vendor overview
Exhibit 59: AutoNation Inc. - Business segments
Exhibit 60: AutoNation Inc. - Organizational developments
Exhibit 61: AutoNation Inc. - Segment focus
Exhibit 62: AutoNation Inc. - Key offerings
Exhibit 63: Cox Automotive Inc. - Vendor overview
Exhibit 64: Cox Automotive Inc. - Product segments
Exhibit 65: Cox Automotive Inc. - Organizational developments
Exhibit 66: Cox Automotive Inc. - Key offerings
Exhibit 67: eBay Inc. - Vendor overview
Exhibit 68: eBay Inc. - Organizational developments
Exhibit 69: eBay Inc. - Geographic focus
Exhibit 70: eBay Inc. - Key offerings
Exhibit 71: Emil Frey AG - Vendor overview
Exhibit 72: Emil Frey AG - Product segments
Exhibit 73: Emil Frey AG - Organizational developments
Exhibit 74: Emil Frey AG - Key offerings
Exhibit 75: Maruti Suzuki India Ltd. - Vendor overview
Exhibit 76: Maruti Suzuki India Ltd. - Product segments
Exhibit 77: Maruti Suzuki India Ltd. - Organizational developments
Exhibit 78: Maruti Suzuki India Ltd. - Geographic focus
Exhibit 79: Maruti Suzuki India Ltd. - Key offerings
Exhibit 80: Pendragon PLC - Vendor overview
Exhibit 81: Pendragon PLC - Business segments
Exhibit 82: Pendragon PLC - Organizational developments
Exhibit 83: Pendragon PLC - Segment focus
Exhibit 84: Pendragon PLC - Key offerings
Exhibit 85: Penske Automotive Group Inc. - Vendor overview
Exhibit 86: Penske Automotive Group Inc. - Business segments
Exhibit 87: Penske Automotive Group Inc. - Organizational developments
Exhibit 88: Penske Automotive Group Inc. - Geographic focus
Exhibit 89: Penske Automotive Group Inc. - Segment focus
Exhibit 90: Penske Automotive Group Inc. - Key offerings
Exhibit 91: TrueCar Inc. - Vendor overview
Exhibit 92: TrueCar Inc. - Business segments
Exhibit 93: TrueCar Inc. - Organizational developments
Exhibit 94: TrueCar Inc. - Segment focus
Exhibit 95: TrueCar Inc. - Key offerings
Exhibit 96: Validation techniques employed for market sizing
Exhibit 97: Definition of market positioning of vendors
PART 02: SCOPE OF THE REPORT
- Preface
- Currency conversion rates for US$
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2024
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- Market segmentation by type
- Comparison by type
- Mid-size cars - Market size and forecast 2019-2024
- Full-size cars - Market size and forecast 2019-2024
- Compact cars - Market size and forecast 2019-2024
- Market opportunity by type
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Growing use of artificial intelligence (AI) to enhance buying experience of
- Leading economies are increasing export of used cars
- Improved touchpoint management
- Overview
- Landscape disruption
- Competitive scenario
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Alibaba Group Holding Ltd.
- Asbury Automotive Group Inc.
- AutoNation Inc.
- Cox Automotive, Inc.
- eBay Inc.
- Emil Frey AG
- Maruti Suzuki India Ltd.
- Pendragon PLC
- Penske Automotive Group Inc.
- TrueCar Inc.
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
Exhibit 01: Global vehicles in operation
Exhibit 02: Segments of global vehicles in operation
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Product portfolio of key vendors
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 (million units)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Type - Market share 2019-2024 (%)
Exhibit 19: Comparison by type
Exhibit 20: Mid-size cars - Market size and forecast 2019-2024 (million units)
Exhibit 21: Mid-size cars - Year-over-year growth 2020-2024 (%)
Exhibit 22: Full-size cars - Market size and forecast 2019-2024 (million units)
Exhibit 23: Full-size cars - Year-over-year growth 2020-2024 (%)
Exhibit 24: Compact cars - Market size and forecast 2019-2024 (million units)
Exhibit 25: Compact cars - Year-over-year growth 2020-2024 (%)
Exhibit 26: Market opportunity by type
Exhibit 27: Customer landscape
Exhibit 28: Market share by geography 2019-2024 (%)
Exhibit 29: Geographic comparison
Exhibit 30: North America - Market size and forecast 2019-2024 (million units)
Exhibit 31: North America - Year-over-year growth 2020-2024 (%)
Exhibit 32: Europe - Market size and forecast 2019-2024 (million units)
Exhibit 33: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 34: APAC - Market size and forecast 2019-2024 (million units)
Exhibit 35: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 36: South America - Market size and forecast 2019-2024 (million units)
Exhibit 37: South America - Year-over-year growth 2020-2024 (%)
Exhibit 38: MEA - Market size and forecast 2019-2024 (million units)
Exhibit 39: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 40: Key leading countries
Exhibit 41: Market opportunity
Exhibit 42: Impact of drivers and challenges
Exhibit 43: Vendor landscape
Exhibit 44: Landscape disruption
Exhibit 45: Vendors covered
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: Alibaba Group Holding Ltd. - Vendor overview
Exhibit 49: Alibaba Group Holding Ltd. - Business segments
Exhibit 50: Alibaba Group Holding Ltd. - Organizational developments
Exhibit 51: Alibaba Group Holding Ltd. - Segment focus
Exhibit 52: Alibaba Group Holding Ltd. - Key offerings
Exhibit 53: Asbury Automotive Group Inc. - Vendor overview
Exhibit 54: Asbury Automotive Group Inc. - Business segments
Exhibit 55: Asbury Automotive Group Inc. - Organizational developments
Exhibit 56: Asbury Automotive Group Inc. - Segment focus
Exhibit 57: Asbury Automotive Group Inc. - Key offerings
Exhibit 58: AutoNation Inc. - Vendor overview
Exhibit 59: AutoNation Inc. - Business segments
Exhibit 60: AutoNation Inc. - Organizational developments
Exhibit 61: AutoNation Inc. - Segment focus
Exhibit 62: AutoNation Inc. - Key offerings
Exhibit 63: Cox Automotive Inc. - Vendor overview
Exhibit 64: Cox Automotive Inc. - Product segments
Exhibit 65: Cox Automotive Inc. - Organizational developments
Exhibit 66: Cox Automotive Inc. - Key offerings
Exhibit 67: eBay Inc. - Vendor overview
Exhibit 68: eBay Inc. - Organizational developments
Exhibit 69: eBay Inc. - Geographic focus
Exhibit 70: eBay Inc. - Key offerings
Exhibit 71: Emil Frey AG - Vendor overview
Exhibit 72: Emil Frey AG - Product segments
Exhibit 73: Emil Frey AG - Organizational developments
Exhibit 74: Emil Frey AG - Key offerings
Exhibit 75: Maruti Suzuki India Ltd. - Vendor overview
Exhibit 76: Maruti Suzuki India Ltd. - Product segments
Exhibit 77: Maruti Suzuki India Ltd. - Organizational developments
Exhibit 78: Maruti Suzuki India Ltd. - Geographic focus
Exhibit 79: Maruti Suzuki India Ltd. - Key offerings
Exhibit 80: Pendragon PLC - Vendor overview
Exhibit 81: Pendragon PLC - Business segments
Exhibit 82: Pendragon PLC - Organizational developments
Exhibit 83: Pendragon PLC - Segment focus
Exhibit 84: Pendragon PLC - Key offerings
Exhibit 85: Penske Automotive Group Inc. - Vendor overview
Exhibit 86: Penske Automotive Group Inc. - Business segments
Exhibit 87: Penske Automotive Group Inc. - Organizational developments
Exhibit 88: Penske Automotive Group Inc. - Geographic focus
Exhibit 89: Penske Automotive Group Inc. - Segment focus
Exhibit 90: Penske Automotive Group Inc. - Key offerings
Exhibit 91: TrueCar Inc. - Vendor overview
Exhibit 92: TrueCar Inc. - Business segments
Exhibit 93: TrueCar Inc. - Organizational developments
Exhibit 94: TrueCar Inc. - Segment focus
Exhibit 95: TrueCar Inc. - Key offerings
Exhibit 96: Validation techniques employed for market sizing
Exhibit 97: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- AutoNation Inc.
- Cox Automotive Inc.
- eBay Inc.
- Emil Frey AG
- Maruti Suzuki India Ltd.
- Pendragon PLC
The following companies as the key players in the global used cars market: Alibaba Group Holding Ltd., Asbury Automotive Group Inc., AutoNation Inc., Cox Automotive Inc., eBay Inc., Emil Frey AG, Maruti Suzuki India Ltd., Pendragon PLC, Penske Automotive Group Inc., and TrueCar Inc.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the improved touchpoint management.”
According to the report, one of the major drivers for this market is the growing demand for used cars in emerging economies.
Further, the report states that one of the major factors hindering the growth of this market is the real estate constraints in terms of space and cost.
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 a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the improved touchpoint management.”
According to the report, one of the major drivers for this market is the growing demand for used cars in emerging economies.
Further, the report states that one of the major factors hindering the growth of this market is the real estate constraints in terms of space and cost.
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 a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
- Alibaba Group Holding Ltd.
- Asbury Automotive Group Inc.
- AutoNation Inc.
- Cox Automotive Inc.
- eBay Inc.
- Emil Frey AG
- Maruti Suzuki India Ltd.
- Pendragon PLC
- Penske Automotive Group Inc.
- TrueCar Inc.
Note: Product cover images may vary from those shown
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