A used car is a motor vehicle that is registered with the public security traffic management authority, is in service before the national standard of retirement, or is in service during the economic and practical life, and can continue to be used.
Used cars or pre-owned cars are witnessing increased demand from Indian consumers. The rise in purchasing power of consumers, rapid growth of economy and increased consumer demands are some of the reasons for such high demand. Earlier, consumers bought used cars only through their circle of friends and relatives. Later, small dealers started entering this market. Considering the growth prospects of this market and to cater to the demands of Indian consumers, some organized players have also started entering this market. Organized players have made the whole process of buying and selling a lot simpler, easier, and transparent.
Global Used Cars market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Used Cars.
This industry study presents the global Used Cars market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Used Cars production, revenue and market share by manufacturers, key regions and type;
The consumption of Used Cars in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Denso, Magna, etc.
The following manufacturers are covered in this report:
Used Cars Breakdown Data by Type
Used Cars Breakdown Data by Application
Used Cars Production by Region
Used Cars Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Used Cars status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Used Cars manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Used Cars :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Used Cars market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.