Used Truck Market Size, Share, and Trends 2024 to 2034

The global used truck market size is calculated at USD 53.96 billion in 2025 and is forecasted to reach around USD 118.24 billion by 2034, accelerating at a CAGR of 9.12% from 2025 to 2034. The Asia Pacific used truck market size surpassed USD 31.30 billion in 2025 and is expanding at a CAGR of 9.21% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 3878
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Used Truck Market 

5.1. COVID-19 Landscape: Used Truck Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Used Truck Market, By Vehicle

8.1. Used Truck Market Revenue and Volume, by Vehicle

8.1.1 Medium Duty Truck

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Heavy Duty Truck

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Off-road Truck

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global Used Truck Market, By Sales Channel

9.1. Used Truck Market Revenue and Volume, by Sales Channel

9.1.1. Independent Dealer

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Franchise Dealer

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Peer-to-peer Dealer

9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Used Truck Market, By End-user 

10.1. Used Truck Market Revenue and Volume, by End-user

10.1.1. Construction

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Logistic & Transportation

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Mining

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Oil & Gas

10.1.4.1. Market Revenue and Volume Forecast

Chapter 11. Global Used Truck Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Vehicle

11.1.2. Market Revenue and Volume Forecast, by Sales Channel

11.1.3. Market Revenue and Volume Forecast, by End-user

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Vehicle

11.1.4.2. Market Revenue and Volume Forecast, by Sales Channel

11.1.4.3. Market Revenue and Volume Forecast, by End-user

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Vehicle

11.1.5.2. Market Revenue and Volume Forecast, by Sales Channel

11.1.5.3. Market Revenue and Volume Forecast, by End-user

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Vehicle

11.2.2. Market Revenue and Volume Forecast, by Sales Channel

11.2.3. Market Revenue and Volume Forecast, by End-user

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Vehicle

11.2.4.2. Market Revenue and Volume Forecast, by Sales Channel

11.2.4.3. Market Revenue and Volume Forecast, by End-user

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Vehicle

11.2.5.2. Market Revenue and Volume Forecast, by Sales Channel

11.2.5.3. Market Revenue and Volume Forecast, by End-user

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Vehicle

11.2.6.2. Market Revenue and Volume Forecast, by Sales Channel

11.2.6.3. Market Revenue and Volume Forecast, by End-user

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Vehicle

11.2.7.2. Market Revenue and Volume Forecast, by Sales Channel

11.2.7.3. Market Revenue and Volume Forecast, by End-user

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Vehicle

11.3.2. Market Revenue and Volume Forecast, by Sales Channel

11.3.3. Market Revenue and Volume Forecast, by End-user

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Vehicle

11.3.4.2. Market Revenue and Volume Forecast, by Sales Channel

11.3.4.3. Market Revenue and Volume Forecast, by End-user

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Vehicle

11.3.5.2. Market Revenue and Volume Forecast, by Sales Channel

11.3.5.3. Market Revenue and Volume Forecast, by End-user

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Vehicle

11.3.6.2. Market Revenue and Volume Forecast, by Sales Channel

11.3.6.3. Market Revenue and Volume Forecast, by End-user

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Vehicle

11.3.7.2. Market Revenue and Volume Forecast, by Sales Channel

11.3.7.3. Market Revenue and Volume Forecast, by End-user

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Vehicle

11.4.2. Market Revenue and Volume Forecast, by Sales Channel

11.4.3. Market Revenue and Volume Forecast, by End-user

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Vehicle

11.4.4.2. Market Revenue and Volume Forecast, by Sales Channel

11.4.4.3. Market Revenue and Volume Forecast, by End-user

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Vehicle

11.4.5.2. Market Revenue and Volume Forecast, by Sales Channel

11.4.5.3. Market Revenue and Volume Forecast, by End-user

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Vehicle

11.4.6.2. Market Revenue and Volume Forecast, by Sales Channel

11.4.6.3. Market Revenue and Volume Forecast, by End-user

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Vehicle

11.4.7.2. Market Revenue and Volume Forecast, by Sales Channel

11.4.7.3. Market Revenue and Volume Forecast, by End-user

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Vehicle

11.5.2. Market Revenue and Volume Forecast, by Sales Channel

11.5.3. Market Revenue and Volume Forecast, by End-user

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Vehicle

11.5.4.2. Market Revenue and Volume Forecast, by Sales Channel

11.5.4.3. Market Revenue and Volume Forecast, by End-user

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Vehicle

11.5.5.2. Market Revenue and Volume Forecast, by Sales Channel

11.5.5.3. Market Revenue and Volume Forecast, by End-user

Chapter 12. Company Profiles

12.1. AB Volvo

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. KENWORTH (PACCAR Inc.)

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Freightliner Northwest

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Scania

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Daimler Truck AG.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. RENAULT TRUCKS

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Mascus

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. MAN

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. ASHOK LEYLAND

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Gordon Truck Centers, Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

The global used truck market size is expected to increase USD 118.24 billion by 2034 from USD 49.39 billion in 2024.

The global used truck market will register growth rate of 9.12% between 2025 and 2034.

The major players operating in the used truck market are AB Volvo, KENWORTH (PACCAR Inc.), Freightliner Northwest, Scania, Daimler Truck AG., RENAULT TRUCKS, Mascus, MAN, ASHOK LEYLAND, Gordon Truck Centers, Inc., and Others.

The driving factors of the used truck market are the expansion of construction sector, increasing demand for logistics by the e-commerce industry, and increase in the real estate sector.

Asia Pacific region will lead the global used truck market during the forecast period 2025 to 2034.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client