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Used Passenger Car-Global Market Insights and Sales Trends 2024
Synopsis
The global Used Passenger Car market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Used Passenger Car in various end use industries. The expanding demands from the Organized, Unorganized and Consumer to Consumer,, are propelling Used Passenger Car market. Petrol Vehicles, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Diesel Vehicles segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Used Passenger Car, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Used Passenger Car market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Used Passenger Car market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Used Passenger Car sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Used Passenger Car covered in this report include CarMax Business Services, LLC, AutoNation.com, Penske Automotive Group, Inc., America’s CAR-MART Inc., Lithia Motors Inc., Sonic Automotive Inc., Auto Trader Ltd., CarWale India and MXC Solutions India Pvt Ltd., etc.
The global Used Passenger Car market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
CarMax Business Services, LLC
AutoNation.com
Penske Automotive Group, Inc.
America’s CAR-MART Inc.
Lithia Motors Inc.
Sonic Automotive Inc.
Auto Trader Ltd.
CarWale India
MXC Solutions India Pvt Ltd.
Maruti Suzuki India Ltd.
Tata Motors Ltd.
Mahindra First Choice Wheels Ltd.
Global Used Passenger Car market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Used Passenger Car market, Segment by Type:
Petrol Vehicles
Diesel Vehicles
Hybrid Vehicles
Electric Vehicles
Global Used Passenger Car market, by Application
Organized
Unorganized
Consumer to Consumer
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Used Passenger Car manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Used Passenger Car in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Used Passenger Car market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Used Passenger Car in various end use industries. The expanding demands from the Organized, Unorganized and Consumer to Consumer,, are propelling Used Passenger Car market. Petrol Vehicles, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Diesel Vehicles segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Used Passenger Car, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Used Passenger Car market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Used Passenger Car market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Used Passenger Car sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Used Passenger Car covered in this report include CarMax Business Services, LLC, AutoNation.com, Penske Automotive Group, Inc., America’s CAR-MART Inc., Lithia Motors Inc., Sonic Automotive Inc., Auto Trader Ltd., CarWale India and MXC Solutions India Pvt Ltd., etc.
The global Used Passenger Car market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
CarMax Business Services, LLC
AutoNation.com
Penske Automotive Group, Inc.
America’s CAR-MART Inc.
Lithia Motors Inc.
Sonic Automotive Inc.
Auto Trader Ltd.
CarWale India
MXC Solutions India Pvt Ltd.
Maruti Suzuki India Ltd.
Tata Motors Ltd.
Mahindra First Choice Wheels Ltd.
Global Used Passenger Car market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Used Passenger Car market, Segment by Type:
Petrol Vehicles
Diesel Vehicles
Hybrid Vehicles
Electric Vehicles
Global Used Passenger Car market, by Application
Organized
Unorganized
Consumer to Consumer
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Used Passenger Car manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Used Passenger Car in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Used Passenger Car Market Overview
1.1 Used Passenger Car Product Overview
1.2 Used Passenger Car Market Segment by Type
1.2.1 Petrol Vehicles
1.2.2 Diesel Vehicles
1.2.3 Hybrid Vehicles
1.2.4 Electric Vehicles
1.3 Global Used Passenger Car Market Size by Type
1.3.1 Global Used Passenger Car Market Size Overview by Type (2018-2029)
1.3.2 Global Used Passenger Car Historic Market Size Review by Type (2018-2023)
1.3.3 Global Used Passenger Car Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Used Passenger Car Sales Breakdown by Type (2018-2023)
1.4.2 Europe Used Passenger Car Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Used Passenger Car Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Used Passenger Car Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Used Passenger Car Sales Breakdown by Type (2018-2023)
2 Global Used Passenger Car Market Competition by Company
2.1 Global Top Players by Used Passenger Car Sales (2018-2023)
2.2 Global Top Players by Used Passenger Car Revenue (2018-2023)
2.3 Global Top Players by Used Passenger Car Price (2018-2023)
2.4 Global Top Manufacturers Used Passenger Car Manufacturing Base Distribution, Sales Area, Product Type
2.5 Used Passenger Car Market Competitive Situation and Trends
2.5.1 Used Passenger Car Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Used Passenger Car Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Used Passenger Car as of 2022)
2.7 Date of Key Manufacturers Enter into Used Passenger Car Market
2.8 Key Manufacturers Used Passenger Car Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Used Passenger Car Status and Outlook by Region
3.1 Global Used Passenger Car Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Used Passenger Car Historic Market Size by Region
3.2.1 Global Used Passenger Car Sales in Volume by Region (2018-2023)
3.2.2 Global Used Passenger Car Sales in Value by Region (2018-2023)
3.2.3 Global Used Passenger Car Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Used Passenger Car Forecasted Market Size by Region
3.3.1 Global Used Passenger Car Sales in Volume by Region (2024-2029)
3.3.2 Global Used Passenger Car Sales in Value by Region (2024-2029)
3.3.3 Global Used Passenger Car Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Used Passenger Car by Application
4.1 Used Passenger Car Market Segment by Application
4.1.1 Organized
4.1.2 Unorganized
4.1.3 Consumer to Consumer
4.2 Global Used Passenger Car Market Size by Application
4.2.1 Global Used Passenger Car Market Size Overview by Application (2018-2029)
4.2.2 Global Used Passenger Car Historic Market Size Review by Application (2018-2023)
4.2.3 Global Used Passenger Car Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Used Passenger Car Sales Breakdown by Application (2018-2023)
4.3.2 Europe Used Passenger Car Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Used Passenger Car Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Used Passenger Car Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Used Passenger Car Sales Breakdown by Application (2018-2023)
5 North America Used Passenger Car by Country
5.1 North America Used Passenger Car Historic Market Size by Country
5.1.1 North America Used Passenger Car Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Used Passenger Car Sales in Volume by Country (2018-2023)
5.1.3 North America Used Passenger Car Sales in Value by Country (2018-2023)
5.2 North America Used Passenger Car Forecasted Market Size by Country
5.2.1 North America Used Passenger Car Sales in Volume by Country (2024-2029)
5.2.2 North America Used Passenger Car Sales in Value by Country (2024-2029)
6 Europe Used Passenger Car by Country
6.1 Europe Used Passenger Car Historic Market Size by Country
6.1.1 Europe Used Passenger Car Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Used Passenger Car Sales in Volume by Country (2018-2023)
6.1.3 Europe Used Passenger Car Sales in Value by Country (2018-2023)
6.2 Europe Used Passenger Car Forecasted Market Size by Country
6.2.1 Europe Used Passenger Car Sales in Volume by Country (2024-2029)
6.2.2 Europe Used Passenger Car Sales in Value by Country (2024-2029)
7 Asia-Pacific Used Passenger Car by Region
7.1 Asia-Pacific Used Passenger Car Historic Market Size by Region
7.1.1 Asia-Pacific Used Passenger Car Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Used Passenger Car Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Used Passenger Car Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Used Passenger Car Forecasted Market Size by Region
7.2.1 Asia-Pacific Used Passenger Car Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Used Passenger Car Sales in Value by Region (2024-2029)
8 Latin America Used Passenger Car by Country
8.1 Latin America Used Passenger Car Historic Market Size by Country
8.1.1 Latin America Used Passenger Car Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Used Passenger Car Sales in Volume by Country (2018-2023)
8.1.3 Latin America Used Passenger Car Sales in Value by Country (2018-2023)
8.2 Latin America Used Passenger Car Forecasted Market Size by Country
8.2.1 Latin America Used Passenger Car Sales in Volume by Country (2024-2029)
8.2.2 Latin America Used Passenger Car Sales in Value by Country (2024-2029)
9 Middle East and Africa Used Passenger Car by Country
9.1 Middle East and Africa Used Passenger Car Historic Market Size by Country
9.1.1 Middle East and Africa Used Passenger Car Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Used Passenger Car Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Used Passenger Car Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Used Passenger Car Forecasted Market Size by Country
9.2.1 Middle East and Africa Used Passenger Car Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Used Passenger Car Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 CarMax Business Services, LLC
10.1.1 CarMax Business Services, LLC Company Information
10.1.2 CarMax Business Services, LLC Introduction and Business Overview
10.1.3 CarMax Business Services, LLC Used Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.1.4 CarMax Business Services, LLC Used Passenger Car Products Offered
10.1.5 CarMax Business Services, LLC Recent Development
10.2 AutoNation.com
10.2.1 AutoNation.com Company Information
10.2.2 AutoNation.com Introduction and Business Overview
10.2.3 AutoNation.com Used Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.2.4 AutoNation.com Used Passenger Car Products Offered
10.2.5 AutoNation.com Recent Development
10.3 Penske Automotive Group, Inc.
10.3.1 Penske Automotive Group, Inc. Company Information
10.3.2 Penske Automotive Group, Inc. Introduction and Business Overview
10.3.3 Penske Automotive Group, Inc. Used Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Penske Automotive Group, Inc. Used Passenger Car Products Offered
10.3.5 Penske Automotive Group, Inc. Recent Development
10.4 America’s CAR-MART Inc.
10.4.1 America’s CAR-MART Inc. Company Information
10.4.2 America’s CAR-MART Inc. Introduction and Business Overview
10.4.3 America’s CAR-MART Inc. Used Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.4.4 America’s CAR-MART Inc. Used Passenger Car Products Offered
10.4.5 America’s CAR-MART Inc. Recent Development
10.5 Lithia Motors Inc.
10.5.1 Lithia Motors Inc. Company Information
10.5.2 Lithia Motors Inc. Introduction and Business Overview
10.5.3 Lithia Motors Inc. Used Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Lithia Motors Inc. Used Passenger Car Products Offered
10.5.5 Lithia Motors Inc. Recent Development
10.6 Sonic Automotive Inc.
10.6.1 Sonic Automotive Inc. Company Information
10.6.2 Sonic Automotive Inc. Introduction and Business Overview
10.6.3 Sonic Automotive Inc. Used Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Sonic Automotive Inc. Used Passenger Car Products Offered
10.6.5 Sonic Automotive Inc. Recent Development
10.7 Auto Trader Ltd.
10.7.1 Auto Trader Ltd. Company Information
10.7.2 Auto Trader Ltd. Introduction and Business Overview
10.7.3 Auto Trader Ltd. Used Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Auto Trader Ltd. Used Passenger Car Products Offered
10.7.5 Auto Trader Ltd. Recent Development
10.8 CarWale India
10.8.1 CarWale India Company Information
10.8.2 CarWale India Introduction and Business Overview
10.8.3 CarWale India Used Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.8.4 CarWale India Used Passenger Car Products Offered
10.8.5 CarWale India Recent Development
10.9 MXC Solutions India Pvt Ltd.
10.9.1 MXC Solutions India Pvt Ltd. Company Information
10.9.2 MXC Solutions India Pvt Ltd. Introduction and Business Overview
10.9.3 MXC Solutions India Pvt Ltd. Used Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.9.4 MXC Solutions India Pvt Ltd. Used Passenger Car Products Offered
10.9.5 MXC Solutions India Pvt Ltd. Recent Development
10.10 Maruti Suzuki India Ltd.
10.10.1 Maruti Suzuki India Ltd. Company Information
10.10.2 Maruti Suzuki India Ltd. Introduction and Business Overview
10.10.3 Maruti Suzuki India Ltd. Used Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Maruti Suzuki India Ltd. Used Passenger Car Products Offered
10.10.5 Maruti Suzuki India Ltd. Recent Development
10.11 Tata Motors Ltd.
10.11.1 Tata Motors Ltd. Company Information
10.11.2 Tata Motors Ltd. Introduction and Business Overview
10.11.3 Tata Motors Ltd. Used Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Tata Motors Ltd. Used Passenger Car Products Offered
10.11.5 Tata Motors Ltd. Recent Development
10.12 Mahindra First Choice Wheels Ltd.
10.12.1 Mahindra First Choice Wheels Ltd. Company Information
10.12.2 Mahindra First Choice Wheels Ltd. Introduction and Business Overview
10.12.3 Mahindra First Choice Wheels Ltd. Used Passenger Car Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Mahindra First Choice Wheels Ltd. Used Passenger Car Products Offered
10.12.5 Mahindra First Choice Wheels Ltd. Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Used Passenger Car Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Used Passenger Car Industrial Chain Analysis
11.4 Used Passenger Car Market Dynamics
11.4.1 Used Passenger Car Industry Trends
11.4.2 Used Passenger Car Market Drivers
11.4.3 Used Passenger Car Market Challenges
11.4.4 Used Passenger Car Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Used Passenger Car Distributors
12.3 Used Passenger Car Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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