Used Trucks Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, UK, Germany, France - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 172 SKU: IRTNTR44478

Used Trucks Market Forecast 2024-2028 

The Used Trucks Market is forecast to increase by USD 13.37 billion, at a CAGR of 5.38% between 2023 and 2028. The growth of the market depends on several factors expanded value proposition of used trucks, comprehensive quality checking systems deployed by used truck dealers, and increasing penetration of online truck websites.

What will be the Size of the Market During the Forecast Period?

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Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The expanded value proposition of used trucks is notably driving market growth. Buying a used truck involves significantly lower investments than purchasing a new vehicle. Adherence to stringent manufacturing regulations and quality standards has ensured enhanced build quality in trucks. The influx of newer models and automotive technology advancements is driving truck owners to sell existing vehicles and buy upgraded models. This buying cycle among consumers has led to a steady increase in the supply of used trucks. Reduced prices of these trucks and their increased operational quality are expected to boost the demand from various customer segments during the forecast period. 

Moreover, truck buyers take a keen interest in the scope of the resale value of their vehicles. This prompts them to install various aftermarket fitments to raise the intrinsic value of vehicles. For instance, owners are known to retrofit their vehicles with air deflectors and side extenders to ramp up resale values. Thus, the expanded value proposition of these trucks will drive the growth of the market during the forecast period.

Key Market Trends

Touchpoint management systems integrated with artificial intelligence is an emerging trend shaping market growth. Touchpoint management techniques have been leveraged in various industries to bridge the gap between the buyer and seller. Shopping has been redefined to provide a positive and rewarding experience for the customer. Unique touchpoint management techniques are being used by online retail stores and electronic stores to understand customer needs. Automotive dealers are also employing improved touchpoint management systems to enhance customer satisfaction.

However, the integration of artificial intelligence programs with online websites has helped raise customer satisfaction in terms of finding a product, collecting information, and comparing prices. The integration of artificial intelligence frees human service personnel to execute other duties. Prompt responses offered to customer queries are expected to improve the dealer-customer relationship, which, in turn, will drive the growth of the market during the forecast period.  

Major Market Challenge

Reducing profit margins of used trucks is a significant challenge hindering market development. A higher supply of used trucks in the market will bring down their prices, leading to lower profit margins for used truck dealers and aggravating market uncertainty. A large number of heavy goods vehicle entering the global market are driving dealers to lower prices to attract potential customers. The increased supply of such heavy goods vehicle is leading to a rise in operating costs, such as maintenance and repair costs. The lineup of such trucks is leading to an increase in the number of options for customers, which is generating less value for owners.

However, truck buyers increasingly prefer newer truck models as such vehicles offer higher fuel efficiency, driver-assist features, and adhere to the latest emission standards. Technological innovations in heavy goods vehicles are making obsolete such heavy goods vehicle that may be just five years old. As buyers preferences are getting more focused toward newly launched models, the rising supply of such heavy goods vehicle will further weaken the pricing strategy of dealers, which, in turn, will hamper the growth of the market during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market analysis and report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AB Volvo - The company offers used trucks such as Volvo FH, Mercedes Benz Aros, Scania P-serie, Volvo FL, Volvo FMX, MAN TGA and many more.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Corcentric Inc.
  • Daimler Truck AG
  • EAN Services LLC
  • Iveco Group N.V
  • Knight Swift Transportation Holdings Inc.
  • PACCAR Inc.
  • Penske Corp.
  • Renault SAS
  • Ryder System Inc.
  • Scania AB
  • Tesla Inc.
  • Toyota Motor Corp.
  • TrueCar Inc.
  • Volkswagen AG

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segment in the Market?

The pickup trucks segment is estimated to witness significant growth during the forecast period. Used pickup segment are mainly preferred by buyers looking for a larger vehicle to replace their sedan yet not wanting to fully invest in a new pickup. A new pickup truck costs about USD 45,000 on average. With vehicle manufacturers following strict quality standards, the end result has been better-quality vehicles. Used pickup heavy goods vehicle are perceived as highly reliable in terms of engine performance and load-carrying capacity in the passenger car segment. 

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The pickup trucks segment was the largest and was valued at USD 20.62 billion in 2018. Used pickup segments are usually purchased for their hauling and towing capabilities. They are also versatile enough to carry an entire family when required. Pickup segment manufacturers ensure top quality throughout the manufacturing process, as their focus is on vehicle longevity. Pickup truck models retain about 46% of their original price even after five years of use.  Japanese OEMs manufacture pickup segment offering the highest resale value among all brands. For instance, the mid-size Toyota Tacoma pickup truck is estimated to have a 70% resale value of its original cost even after a period of five years. Buyers are driven to choose pickup segment given their high resale values, which, in turn, will drive the growth of the pickup heavy goods vehicle segment in the market during the forecast period.

Which are the Key Regions for the Market?

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North America is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional market trends and analysis, and drivers that shape the market during the forecast period. The automotive market in North America is currently experiencing a period of stagnation attributed to a reduced demand for new vehicles, driven by the increased saturation of personal vehicles and sluggish economic growth. This trend is particularly notable in the market, where light commercial vehicles and pickup trucks dominate. Manufacturers are responding by enhancing the structural strength of pickup trucks to prolong their operational life, meeting stringent quality standards. Pickup trucks are favored for their spacious cargo areas, powerful engines, off-road capabilities, and towing capacities, contributing to their reliability. 

In addition, tightening emission regulations and diverse vehicle models prompt truck owners to upgrade, increasing the supply of used trucks in North America. This surplus supply may lead to lower prices and narrower profit margins for dealers. To address this, vehicle manufacturers are implementing quality testing standards, such as Toyota's 160-point inspection and Ford's 172-point vehicle inspection checklist. Daimler Truck North America's introduction of Extended OPTIMUM further underscores the market's responsiveness, providing customizable extended coverage for Freightliner and Western Star vehicles with Detroit engines, filling a crucial gap in the market and enhancing the overall ownership experience for consumers which inturn drive market growth during the forecast period.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Type Outlook 
    • Pickup trucks
    • Other trucks
  •  Fuel Type Outlook 
    • Diesel
    • Gasoline
    • Electric
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market plays a pivotal role in meeting transportation demand, catering to owners of used trucks who seek affordability and flexibility in their operations. With options like EMI payments, businesses can efficiently manage costs amidst fluctuating demands. This market thrives on manufacturing and construction activities, bolstered by incentives, and discounts. Governments support road freight activities, enhancing the circulation of new and used trucks across international borders.

As construction and logistics industries evolve with new technologies, used trucks remain indispensable for material transportation. Rising construction activity fuels demand for heavy-duty trucks, prioritizing driver comfort and safety. Government investments in infrastructure and automatic transmission technology further streamline the supply of trucks, ensuring optimal mileage and performance. Retail dealerships form a crucial distribution channel, ensuring seamless access to a diverse range of used trucks tailored to various needs.

Used Trucks Market Scope

Report Coverage

Details

Page number

172

Base year

2023

Historic period

 2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.38%

Market Growth 2024-2028

USD 13.37 billion

Market structure

Concentrated

YoY growth 2023-2024(%)

4.89

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key countries

US, Canada, UK, Germany, and France

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AB Volvo, Corcentric Inc., Daimler Truck AG, EAN Services LLC, Iveco Group N.V, Knight Swift Transportation Holdings Inc., PACCAR Inc., Penske Corp., Renault SAS, Ryder System Inc., Scania AB, Tesla Inc., Toyota Motor Corp., TrueCar Inc., and Volkswagen AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Used Trucks Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2023 and 2028
  • Precise estimation of the market  size and its contribution to the market in focus to the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Fuel Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global used trucks market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global used trucks market 2018 - 2022 ($ billion)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.3 Fuel type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Fuel type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Pickup trucks - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Pickup trucks - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Pickup trucks - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Pickup trucks - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Pickup trucks - Year-over-year growth 2023-2028 (%)
    • 6.4 Other trucks - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Other trucks - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Other trucks - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Other trucks - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Other trucks - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 42: Market opportunity by Type ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by Fuel Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Fuel Type - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Fuel Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Fuel Type
      • Exhibit 46: Chart on Comparison by Fuel Type
      • Exhibit 47: Data Table on Comparison by Fuel Type
    • 7.3 Diesel - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Diesel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Diesel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Diesel - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Diesel - Year-over-year growth 2023-2028 (%)
    • 7.4 Gasoline - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Gasoline - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Gasoline - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Gasoline - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Gasoline - Year-over-year growth 2023-2028 (%)
    • 7.5 Electric - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Electric - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Electric - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Electric - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Electric - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Fuel Type
      • Exhibit 60: Market opportunity by Fuel Type ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Fuel Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 UK - Market size and forecast 2023-2028
      • Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Canada - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.12 France - Market size and forecast 2023-2028
      • Exhibit 103: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 AB Volvo
              • Exhibit 115: AB Volvo - Overview
              • Exhibit 116: AB Volvo - Business segments
              • Exhibit 117: AB Volvo - Key news
              • Exhibit 118: AB Volvo - Key offerings
              • Exhibit 119: AB Volvo - Segment focus
            • 12.4 Corcentric Inc.
              • Exhibit 120: Corcentric Inc. - Overview
              • Exhibit 121: Corcentric Inc. - Product / Service
              • Exhibit 122: Corcentric Inc. - Key offerings
            • 12.5 Daimler Truck AG
              • Exhibit 123: Daimler Truck AG - Overview
              • Exhibit 124: Daimler Truck AG - Business segments
              • Exhibit 125: Daimler Truck AG - Key offerings
              • Exhibit 126: Daimler Truck AG - Segment focus
            • 12.6 EAN Services LLC
              • Exhibit 127: EAN Services LLC - Overview
              • Exhibit 128: EAN Services LLC - Product / Service
              • Exhibit 129: EAN Services LLC - Key offerings
            • 12.7 Iveco Group N.V
              • Exhibit 130: Iveco Group N.V - Overview
              • Exhibit 131: Iveco Group N.V - Business segments
              • Exhibit 132: Iveco Group N.V - Key offerings
              • Exhibit 133: Iveco Group N.V - Segment focus
            • 12.8 Knight Swift Transportation Holdings Inc.
              • Exhibit 134: Knight Swift Transportation Holdings Inc. - Overview
              • Exhibit 135: Knight Swift Transportation Holdings Inc. - Business segments
              • Exhibit 136: Knight Swift Transportation Holdings Inc. - Key offerings
              • Exhibit 137: Knight Swift Transportation Holdings Inc. - Segment focus
            • 12.9 PACCAR Inc.
              • Exhibit 138: PACCAR Inc. - Overview
              • Exhibit 139: PACCAR Inc. - Business segments
              • Exhibit 140: PACCAR Inc. - Key news
              • Exhibit 141: PACCAR Inc. - Key offerings
              • Exhibit 142: PACCAR Inc. - Segment focus
            • 12.10 Penske Corp.
              • Exhibit 143: Penske Corp. - Overview
              • Exhibit 144: Penske Corp. - Product / Service
              • Exhibit 145: Penske Corp. - Key offerings
            • 12.11 Renault SAS
              • Exhibit 146: Renault SAS - Overview
              • Exhibit 147: Renault SAS - Product / Service
              • Exhibit 148: Renault SAS - Key offerings
            • 12.12 Ryder System Inc.
              • Exhibit 149: Ryder System Inc. - Overview
              • Exhibit 150: Ryder System Inc. - Business segments
              • Exhibit 151: Ryder System Inc. - Key news
              • Exhibit 152: Ryder System Inc. - Key offerings
              • Exhibit 153: Ryder System Inc. - Segment focus
            • 12.13 Scania AB
              • Exhibit 154: Scania AB - Overview
              • Exhibit 155: Scania AB - Business segments
              • Exhibit 156: Scania AB - Key offerings
              • Exhibit 157: Scania AB - Segment focus
            • 12.14 Tesla Inc.
              • Exhibit 158: Tesla Inc. - Overview
              • Exhibit 159: Tesla Inc. - Business segments
              • Exhibit 160: Tesla Inc. - Key news
              • Exhibit 161: Tesla Inc. - Key offerings
              • Exhibit 162: Tesla Inc. - Segment focus
            • 12.15 Toyota Motor Corp.
              • Exhibit 163: Toyota Motor Corp. - Overview
              • Exhibit 164: Toyota Motor Corp. - Business segments
              • Exhibit 165: Toyota Motor Corp. - Key offerings
              • Exhibit 166: Toyota Motor Corp. - Segment focus
            • 12.16 TrueCar Inc.
              • Exhibit 167: TrueCar Inc. - Overview
              • Exhibit 168: TrueCar Inc. - Product / Service
              • Exhibit 169: TrueCar Inc. - Key news
              • Exhibit 170: TrueCar Inc. - Key offerings
            • 12.17 Volkswagen AG
              • Exhibit 171: Volkswagen AG - Overview
              • Exhibit 172: Volkswagen AG - Business segments
              • Exhibit 173: Volkswagen AG - Key offerings
              • Exhibit 174: Volkswagen AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 175: Inclusions checklist
                • Exhibit 176: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 177: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 178: Research methodology
                • Exhibit 179: Validation techniques employed for market sizing
                • Exhibit 180: Information sources
              • 13.5 List of abbreviations
                • Exhibit 181: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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