According to recent findings, the North America Used Truck Market size was valued at around USD 16.1 billion in 2024 and is projected to reach USD 24.43 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.20% during the forecast period, i.e., 2025-30.
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North America Used Truck Overview:
Most of the market expansion would be propelled by the rapidly increasing number of construction and development projects across different countries in the region, backed by substantial government support and investments. It, in turn, is augmenting the demand for used trucks, which are easily available at affordable prices.
Additionally, the growing integration of technological advancement and innovation particularly in trucking industry has resulted in introduction of newer models into the market. As fleet owners upgrade their trucks to access enhanced fuel efficiency, safety features and connectivity options, a surplus of well-maintained used trucks becomes available. This inclination towards technology elevate the used truck market, providing potential buyers with a range of options that offer modern amenities and technological advancements.
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North America Used Truck Outlook and Future Trends :
Digitalization and Online Sales Platforms – The rapid digitalization of sales channels and the rise of online platforms for used truck transactions is considered as one of the prominent trends shaping the industry growth. Companies are increasingly enhancing their websites and digital tools to provide a seamless, informative, and convenient online buying experience. Features such as responsive design, virtual inspections, and easy financing, making it easier for customers to compare, select, and purchase used trucks remotely. This digital transformation not only broadens market reach and efficiency but also increases transparency and buyer confidence, contributing significantly to the expansion and modernization of the used truck market in North America.
Global North America Used Truck Segmentation Analysis:
By Application
- Construction
- Mining
- Logistics
According to reports,Among all, the construction application is anticipated to make substantial contributions to the expansion of the North America Used Trucks Market during 2025-30.
By Capacity
- 5 tons to 7.5 tons
- 5 tons to 16 tons
- Above 16 tons
By Fuel Type
- Diesel
- Petrol
- Gasoline/CNG
- Electric and Hybrid
By Vehicle Type
- Light Truck
- Medium-duty Truck
- Heavy-duty Truck
According to reports,Here, Heavy Duty Vehicles are projected to acquire the largest share in the North America Used Trucks Market during the forecast period.
By Country
- United States
- Canada
According to reports, Of all countries, Mexico is emerging as a country with substantial opportunities for the players to expand their offerings and drive the Used Trucks Market during the forecast period.
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Some of the Market players in the Global North America Used Truck are:
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Key Steps:
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