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Used Car Market in the US 2020-2024- Product Image

Used Car Market in the US 2020-2024

  • ID: 5008909
  • Report
  • March 2020
  • Region: United States
  • 120 pages
  • TechNavio
1h Free Analyst Time

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FEATURED COMPANIES

  • Amazon.com Inc.
  • AutoNation Inc.
  • CarMax Inc.
  • Cox Automotive Inc.
  • eBay Inc.
  • Pendragon Plc
  • MORE
Used Car Market in US 2020-2024

The publisher has been monitoring the used car market in US and it is poised to grow by USD 4.25 bn during 2020-2024, progressing at a CAGR of 2% during the forecast period. The report on the 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increased penetration of dedicated websites to sell used cars. In addition, improved touchpoint management is anticipated to boost the growth of the Used car market in US as well.

Market Segmentation

This used car market in US is segmented as below:

Product:
  • Mid-Size
  • Full Size
  • Compact Size
Retail Format:
  • Third-Party Channel Sales
  • OEM Channel Sales
Geographic Segmentation:
  • APAC
  • Europe
  • MEA
  • North America
  • South America
Key Trends for Used car market in US growth

This study identifies improved touchpoint management as the prime reasons driving the used car market in US growth during the next few years.

Prominent vendors in global used car market in us 2020-2024

The publisher provides a detailed analysis of around 25 vendors operating in the used car market in US, including some of the vendors such as 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.

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.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Amazon.com Inc.
  • AutoNation Inc.
  • CarMax Inc.
  • Cox Automotive Inc.
  • eBay Inc.
  • Pendragon Plc
  • MORE
Executive Summary
  • Market Overview
Market Landscape
  • Market ecosystem
  • Value chain analysis
Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
Customer landscape
  • Overview
Drivers, Challenges, and Trends
  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends
Vendor Landscape
  • Overview
  • Landscape disruption
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
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations
List of Exhibits
1. Key Finding 1
2. Key Finding 2
3. Key Finding 5
4. Key Finding 6
5. Key Finding 7
6. Market in focus
7. Parent market
8. Market characteristics
9. Offerings of vendors included in the market definition
10. Market segments
11. Global - Market size and forecast 2019 - 2024 (million units)
12. Global market: Year-over-year growth 2019 - 2024 (%)
13. Five forces analysis 2019 & 2024
14. Bargaining power of buyers
15. Bargaining power of suppliers
16. Threat of new entrants
17. Threat of substitutes
18. Threat of rivalry
19. Market condition - Five forces 2019
20. Mid-size - Market size and forecast 2019-2024 (million units)
21. Mid-size - Year-over-year growth 2019-2024 (%)
22. Full size - Market size and forecast 2019-2024 (million units)
23. Full size - Year-over-year growth 2019-2024 (%)
24. Compact size - Market size and forecast 2019-2024 (million units)
25. Compact size - Year-over-year growth 2019-2024 (%)
26. Third-party channel sales - Market size and forecast 2019-2024 (million units)
27. Third-party channel sales - Year-over-year growth 2019-2024 (%)
28. OEM channel sales - Market size and forecast 2019-2024 (million units)
29. OEM channel sales - Year-over-year growth 2019-2024 (%)
30. Customer landscape
31. Impact of drivers and challenges
32. Vendor landscape
33. Landscape disruption
34. Industry risks
35. Vendors covered
36. Market positioning of vendors
37. Alibaba Group Holding Ltd - Overview
38. Alibaba Group Holding Ltd - Product and service
39. Alibaba Group Holding Ltd - Key offerings
40. Alibaba Group Holding Ltd - Key customers
41. Alibaba Group Holding Ltd - Segment focus
42. Amazoncom Inc - Overview
43. Amazoncom Inc - Business segments
44. Amazoncom Inc - Key offerings
45. Amazoncom Inc - Key customers
46. Amazoncom Inc - Segment focus
47. Asbury Automotive Group Inc - Overview
48. Asbury Automotive Group Inc - Business segments
49. Asbury Automotive Group Inc - Key offerings
50. Asbury Automotive Group Inc - Key customers
51. Asbury Automotive Group Inc - Segment focus
52. AutoNation Inc - Overview
53. AutoNation Inc - Business segments
54. AutoNation Inc - Key offerings
55. AutoNation Inc - Key customers
56. AutoNation Inc - Segment focus
57. CarMax Inc - Overview
58. CarMax Inc - Business segments
59. CarMax Inc - Key offerings
60. CarMax Inc - Key customers
61. CarMax Inc - Segment focus
62. Cox Automotive Inc - Overview
63. Cox Automotive Inc - Product and service
64. Cox Automotive Inc - Key offerings
65. Cox Automotive Inc - Key customers
66. Cox Automotive Inc - Segment focus
67. eBay Inc - Overview
68. eBay Inc - Product and service
69. eBay Inc - Key offerings
70. eBay Inc - Key customers
71. eBay Inc - Segment focus
72. Pendragon Plc - Overview
73. Pendragon Plc - Business segments
74. Pendragon Plc - Key offerings
75. Pendragon Plc - Key customers
76. Pendragon Plc - Segment focus
77. Penske Automotive Group Inc - Overview
78. Penske Automotive Group Inc - Business segments
79. Penske Automotive Group Inc - Key offerings
80. Penske Automotive Group Inc - Key customers
81. Penske Automotive Group Inc - Segment focus
82. TrueCar Inc - Overview
83. TrueCar Inc - Business segments
84. TrueCar Inc - Key offerings
85. TrueCar Inc - Key customers
86. TrueCar Inc - Segment focus
87. Currency conversion rates for US$
88. Research Methodology
89. Validation techniques employed for market sizing
90. Information sources
91. List of abbreviations
Note: Product cover images may vary from those shown
3 of 5

FEATURED COMPANIES

  • Amazon.com Inc.
  • AutoNation Inc.
  • CarMax Inc.
  • Cox Automotive Inc.
  • eBay Inc.
  • Pendragon Plc
  • MORE
The publisher recognizes the following companies as the key players in the global used car market in us 2020-2024: 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..

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 increased penetration of dedicated websites to sell used cars .

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
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  • 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.
Note: Product cover images may vary from those shown
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