Product Code: IRTNTR41649
Technavio 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. Our reports 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 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
Technavio's ‘ 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
We provide 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.
Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
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
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
