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Used Car Market in the US 2018-2022

Used Car Market in the US 2018-2022

About Used Cars

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Technavio’s analysts forecast that the Used Car Market in the US 2018-2022 to grow at a CAGR of 1.96% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of Used Car Market in the US 2018-2022.

The market is divided into the following segments based on product types:

  • Mid size
  • Full size
  • Compact size
Technavio's report Used Car Market in the US 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

AutoNation.com

CarMax Business Services

Carvana

Holman Automotive Group

Penske Automotive Group

Sonic AutomotiveMarket driver
  • Increased penetration of websites dedicated to selling used cars
  • For a full, detailed list, view our report
Market challenge
  • Increasing preference for car subscription services
  • For a full, detailed list, view our report
Market trend
  • Vehicle makers to use artificial intelligence for managing sales of used cars
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Used Car Market in the US 2018-2022.

Technavio recognizes the following companies as the key players in the Used Car Market in the US.

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is vehicle makers to use artificial intelligence for managing sales of used cars.”

According to the report, one driver in the market is increased penetration of websites dedicated to selling used cars.

Further, the report states that one challenge that might affect market growth is the increasing preference for car subscription services.

Companies Mentioned

AutoNation.com
CarMax Business Services
Carvana
Holman Automotive Group
Penske Automotive Group
Sonic Automotive

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global used car market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Used car market in the US - Market size and forecast 2017-2022 (mn units)
      • Table Used car market in the US - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Mid size (1,500cc-2,499cc) - Market size and forecast 2017-2022
      • Table Mid size (1,500cc-2,499cc) - Market size and forecast 2017-2022 (mn units)
      • Table Various types of mid-sized used cars in the US
      • Table Mid-size (1,500cc-2,499cc)- Year-over-year growth 2018-2022 (%)
    • Full size (above 2,499cc) - Market size and forecast 2017-2022
      • Table Full size (above 2,499cc) - Market size and forecast 2017-2022 (mn units)
      • Table Main types of full-size used cars in the US
      • Table Full size (above 2,499cc) - Year-over-year growth 2018-2022 (%)
    • Compact size (below 1,499cc) - Market size and forecast 2017-2022
      • Table Compact size (below 1,499cc) - Market size and forecast 2017-2022 (mn units)
      • Table Compact used car models in the US
      • Table Compact size (below 1,499cc) - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Market segmentation by retail channel
    • Segmentation by retail channel
      • Table Retail channel - Market share 2017-2022 (%)
    • Comparison by retail channel
      • Table Comparison by retail channel
    • Third-party channel sales - Market size and forecast 2017-2022
      • Table Third-party channel sales - Market size and forecast 2017-2022 (mn units)
      • Table Third-party channel sales - Year-over-year growth 2018-2022 (%)
    • OEM-affiliated channel sales - Market size and forecast 2017-2022
      • Table OEM-affiliated channel sales - Market size and forecast 2017-2022 (mn units)
      • Table OEM-affiliated channel sales - Year-over-year growth 2018-2022 (%)
    • Market opportunity by retail channel
      • Table Market opportunity by retail channel
  • Customer landscape
    • Table Customer landscape
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Vehicle makers to use artificial intelligence for managing sales of used cars
    • Vehicle makers maintaining online portal for selling used cars
    • Improved touchpoint management
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AutoNation.com
      • Table Vendor overview
      • Table AutoNation.com - Business segments
      • Table AutoNation.com - Organizational developments
      • Table AutoNation.com - Segment focus
      • Table AutoNation.com - Key offerings
    • CarMax Business Services
      • Table Vendor overview
      • Table CarMax Business Services - Business segments
      • Table CarMax Business Services - Organizational developments
      • Table CarMax Business Services - Segment focus
      • Table CarMax Business Services - Key offerings
    • Carvana
      • Table Vendor overview
      • Table Carvana - Business segments
      • Table Carvana - Organizational developments
      • Table Carvana - Segment focus
      • Table Carvana - Key offerings
    • Holman Automotive Group
      • Table Vendor overview
      • Table Holman Automotive Group - Organizational developments
      • Table Holman Automotive Group - Key offerings
    • Penske Automotive Group
      • Table Vendor overview
      • Table Penske Automotive Group - Business segments
      • Table Penske Automotive Group - Organizational developments
      • Table Penske Automotive Group - Segment focus
      • Table Penske Automotive Group - Key offerings
    • Sonic Automotive
      • Table Vendor overview
      • Table Sonic Automotive - Business segments
      • Table Sonic Automotive - Organizational developments
      • Table Sonic Automotive - Segment focus
      • Table Sonic Automotive - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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