Used Truck Market Share

Statistics for the 2023 & 2024 Used Truck market share, created by Mordor Intelligence™ Industry Reports. Used Truck share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Used Truck Industry

The growth in used truck sales will hinge on strong improvements in cargo availability in the coming years, as the market is projected to grow. The pre-owned or used truck market was expected to see some spurt in sales due to the highly-priced new trucks and prevailing sluggish economic activity. A healthy freight market, a subdued volume of trade-ins, and tougher availability of new trucks have combined to push demand for used trucks upward.

Key players operating in the used trucks market are Scania, Mercedes-Benz, Renault, Mascus, and Volvo Trucks, among others. With the incorporation of advanced technologies, including IoT, AI, smart navigation systems, and accident prevention technologies, manufacturers are focusing on launching new products in order to stay competitive in the market. For instance,

  • In August 2020, Scania trucks launched a new 108-point check-up program for a used trucks. Scania Benelux predicts increased used truck sales with the help of 108-point inspections, a "Scania Talent" program, and an interior UV treatment.

Used Truck Market Leaders

  1. Volvo Trucks

  2. Scania

  3. MAN SE

  4. Renault SA

  5. Mercedes Benz

*Disclaimer: Major Players sorted in no particular order

Used Truck Market Concentration

Used Truck Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)