North America Used Truck Market to Surpass USD 24.43 billion by 2030, Growing at 7.20% CAGR
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled North America Used Truck Market Research Report: Forecast (2025–2030). This report provides a detailed assessment of the North America Used Truck, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
North America Used Truck Market Timeline Overview
- Historical Years: 2020–23
- Base Year: 2024
- Forecast Years: 2025–2030
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
Download a FREE PDF Sample of the Report: - https://www.marknteladvisors.com/query/request-sample/north-america-used-truck-market.html (Discover the market potential, platform-specific insights, and key industry trends.)
In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
North America Used Truck Market Outlook
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. 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.
North America Used Truck Market Drivers:
Expanding Transportation Industry throughout the Region – Backed with the improvement in the road connectivity and trade across different countries in the region, the transportation industry in North America is growing substantially and demonstrating a peaking demand for used trucks. As a result, key players are tapping these opportunities and widening their offerings, thereby generating substantial revenue and contributing to the overall growth trajectory of the market in the region.
View Full Report (All Data, In One Place): - https://www.marknteladvisors.com/research-library/north-america-used-truck-market.html (Explore in-depth analyses, technological trends, and investment patterns.)
North America Used Truck Market 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.
North America Used Truck Market Segmentation
The study categorizes the North America Used Truck Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Application
- Construction
- Mining
- Logistics
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
Geographical Analysis
The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
By Country
- United States
- Canada
- Mexico.
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Leading Companies in North America Used Truck Market Worldwide: Players, Analysis & Future Outlook
Scania AB, AB Volvo, Kenworth, Freightliner Used Trucks, Cummins, Paccar, Peterbilt, International, Isuzu, Dodge, and others are the top companies in the North America Used Truck Market.
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2025 to 2030.
- Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/north-america-used-truck-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the North America Used Truck Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the North America Used Truck Market?
4. Who are the prominent players in the North America Used Truck Market?
5. How is the competition structured in this market?
6. How can I access the full report?
About Us
MarkNtel Advisors is a leading research and consulting firm providing strategic intelligence across the automotive industry, spanning automobiles, electric vehicles, autonomous driving, and automotive components & electronics. Our research helps OEMs, suppliers, and investors navigate regulatory shifts, evolving mobility patterns, and emerging EV ecosystems. With Custom Market Analysis, we deliver tailored research solutions that address specific business objectives, empowering clients to optimize investments, accelerate innovation, and sustain long-term growth in the global automotive market.
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