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The used trucks market size is forecast to increase by USD 13.37 billion at a CAGR of 5.38% between 2023 and 2028. The market is experiencing significant growth, driven by the expanding value proposition of used trucks in various industries, including commercial buildings and agriculture. The integration of touchpoint management systems with artificial intelligence is enhancing the market's appeal, enabling more efficient operations and reduced downtime. Furthermore, the e-commerce industry's growth is fueling demand for used trucks to transport goods, leading to increased sales. However, challenges persist, such as the lowering resale value of used trucks due to advancements in automatic and fuel-efficient vehicles. Moreover, the need for regular maintenance, replacement parts, and skilled service technicians adds to the operational costs. Sustainability goals are also influencing the market, as industries seek to reduce their carbon footprint by transitioning to electric or hybrid vehicles. Overall, the market presents both opportunities and challenges, requiring strategic planning and adaptability to stay competitive.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Fuel Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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