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Used Car Market in the US 2021-2025

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    Report

  • 120 Pages
  • July 2021
  • Region: United States
  • TechNavio
  • ID: 5008909
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The publisher has been monitoring the used car market in US and it is poised to grow by 3.91 mn units during 2021-2025, progressing at a CAGR of almost 2% during the forecast period. 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 market is driven by the reducing ownership cycle of cars and increasing technological innovations in passenger cars.



The used car market in US analysis include product segment and distribution channel segment.



The used car market in US is segmented as below:


By Product


  • Mid size
  • Full size
  • Compact size

By Distribution Channel


  • Third-party channel sales
  • OEM channel sales

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 report on used car market in US covers the following areas:

  • Used car market in US sizing
  • Used car market in US forecast
  • Used car market in US industry analysis

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.



The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


Table of Contents

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

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

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

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits

  • Key Finding 1
  • Key Finding 2
  • Key Finding 5
  • Key Finding 6
  • Key Finding 7
  • Parent market
  • Market characteristics
  • Offerings of vendors included in the market definition
  • Market segments
  • Global - Market size and forecast 2020 - 2025 (million units)
  • Global market: Year-over-year growth 2020 - 2025 (%)
  • Five forces analysis 2020 & 2025
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition - Five forces 2020
  • Product - Market share 2020-2025 (%)
  • Comparison by Product
  • Mid size - Market size and forecast 2020-2025 (million units)
  • Mid size - Year-over-year growth 2020-2025 (%)
  • Full size - Market size and forecast 2020-2025 (million units)
  • Full size - Year-over-year growth 2020-2025 (%)
  • Compact size - Market size and forecast 2020-2025 (million units)
  • Compact size - Year-over-year growth 2020-2025 (%)
  • Market opportunity by Product
  • Distribution channel - Market share 2020-2025 (%)
  • Comparison by Distribution channel
  • Third-party channel sales - Market size and forecast 2020-2025 (million units)
  • Third-party channel sales - Year-over-year growth 2020-2025 (%)
  • OEM channel sales - Market size and forecast 2020-2025 (million units)
  • OEM channel sales - Year-over-year growth 2020-2025 (%)
  • Market opportunity by Distribution channel
  • Customer landscape
  • Impact of drivers and challenges
  • Vendor landscape
  • Landscape disruption
  • Industry risks
  • Vendors covered
  • Market positioning of vendors
  • Alibaba Group Holding Ltd. - Overview
  • Alibaba Group Holding Ltd. - Business segments
  • Alibaba Group Holding Ltd. - Key offerings
  • Alibaba Group Holding Ltd. - Key customers
  • Alibaba Group Holding Ltd. - Segment focus
  • Amazon.com Inc. - Overview
  • Amazon.com Inc. - Business segments
  • Amazon.com Inc. - Key offerings
  • Amazon.com Inc. - Key customers
  • Amazon.com Inc. - Segment focus
  • Asbury Automotive Group Inc. - Overview
  • Asbury Automotive Group Inc. - Business segments
  • Asbury Automotive Group Inc. - Key offerings
  • Asbury Automotive Group Inc. - Key customers
  • Asbury Automotive Group Inc. - Segment focus
  • AutoNation Inc. - Overview
  • AutoNation Inc. - Business segments
  • AutoNation Inc. - Key offerings
  • AutoNation Inc. - Key customers
  • AutoNation Inc. - Segment focus
  • CarMax Inc. - Overview
  • CarMax Inc. - Business segments
  • CarMax Inc. - Key offerings
  • CarMax Inc. - Key customers
  • CarMax Inc. - Segment focus
  • Cox Automotive Inc. - Overview
  • Cox Automotive Inc. - Product and service
  • Cox Automotive Inc. - Key offerings
  • Cox Automotive Inc. - Key customers
  • Cox Automotive Inc. - Segment focus
  • eBay Inc. - Overview
  • eBay Inc. - Business segments
  • eBay Inc. - Key offerings
  • eBay Inc. - Key customers
  • eBay Inc. - Segment focus
  • Pendragon Plc - Overview
  • Pendragon Plc - Business segments
  • Pendragon Plc - Key offerings
  • Pendragon Plc - Key customers
  • Pendragon Plc - Segment focus
  • Penske Automotive Group Inc. - Overview
  • Penske Automotive Group Inc. - Business segments
  • Penske Automotive Group Inc. - Key offerings
  • Penske Automotive Group Inc. - Key customers
  • Penske Automotive Group Inc. - Segment focus
  • TrueCar Inc. - Overview
  • TrueCar Inc. - Business segments
  • TrueCar Inc. - Key offerings
  • TrueCar Inc. - Key customers
  • TrueCar Inc. - Segment focus
  • Currency conversion rates for US$
  • Research Methodology
  • Validation techniques employed for market sizing
  • Information sources
  • List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the used car market in us: 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 increased penetration of websites dedicated to selling used cars.`

According to the report, one of the major drivers for this market is the reducing ownership cycle of 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.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 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.