Market Size, Growth & Valuation (2025-30)

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, ie, 2025-30.

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North America Used Truck Market Structure – Segmentation & Geography

By Application

  • Construction
  • Mining
  • Logistics

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

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
  • Mexico.

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.

Key Growth Trends (2025-2030)

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.

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Research Methodology

MarkNtel Advisors employs a thorough and iterative research methodology to enhance accuracy in market estimates. Our process combines bottom-up and top-down approaches, focusing on data triangulation for validation. It includes defining research objectives, selecting representative samples, and collecting data through surveys and interviews. Post-collection, we analyze and validate the data using statistical tools, ensuring reliability. Finally, we forecast market trends through predictive modeling, compiling our insights into detailed reports with charts and strategic recommendations for informed decision-making.

Competitive Analysis Framework

The North America Used Truck industry is moderately fragmented, with key players focusing on technological advancements and strategic partnerships. A detailed competitive analysis helps businesses benchmark against industry leaders and identify growth opportunities.

Leading North America Used Truck Companies are:

  • Scania AB
  • AB Volvo
  • Kenworth
  • Freightliner Used Trucks
  • Cummins
  • Paccar
  • Peterbilt
  • International
  • Isuzu
  • Dodge.

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Key Questions Answered in This Report:

  1. What is the current market size of North America Used Truck, and what growth rate is projected by 2030?
  2. Which key trends are driving North America Used Truck market expansion in the next five years?
  3. How does market segmentation impact industry dynamics?
  4. Which geographic regions offer the highest growth potential?
  5. What are the primary challenges hindering North America Used Truck industry growth?
  6. How do regulatory policies influence market development?
  7. What are the latest technological advancements impacting the sector?
  8. Who are the leading North America Used Truck companies, and what are their market shares?
  9. What strategies are top competitors adopting to maintain dominance?
  10. What are the emerging niche segments with high growth potential?
  11. How do macroeconomic factors affect market performance?
  12. What are the investment opportunities for new entrants?
  13. How does pricing strategy vary across different market segments?
  14. What are the future innovation trends expected in this industry?

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