Used Car and Refurbished Car Sales Market

Page 1

Refurbished Car Sales Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

Refurbished Car Sales Market 2019-2024

sales@industryarc.com

01


Industry Market Research for Business Leaders, Strategists, Decision Makers

Press Release

Ease of access to funding and rise in income levels has made it easier for people to own a car. Increasing number of certified used car dealers, online portals, and insurance options are creating a positive impact on the used car and refurbished car sales market. Though the used car sales market is not highly organized yet, it is anticipated to have a high growth rate in upcoming years. A market intelligence report by IndustryARC estimates that the global used car and refurbished car sales market was valued at $87.72 billion in 2018. Furthermore, demand for the used car and refurbished car sales market is projected to rise at a CAGR of 11.71% over the forecast period 2019 to 2025. The report titled, “Used Car and Refurbished Car Sales Market: Refurbishing and Franchise Model Seeing Improved Acceptance in Emerging Economies - Forecast (2019 - 2025)”, consolidates an in-depth assessment of the competitive landscape, market trends, application analysis, end-use industry, startup companies’ scenario, industry segment sizes, product segments, risk experienced by major contenders, product market sizing, sales of major firms, and strategic analysis of the used car and refurbished car sales market. Used Car and Refurbished Car Sales Market: Leading Segments Due to technological advancements in the automotive industry, the average life or depreciation of used cars has improved significantly, which has driven growth for the used passenger car sales market. Buffeted by these developments, the passenger car segment in the used cars market is projected to grow at a CAGR of 13.25% during the forecast period 2019 to 2025. Organized players are major shareholders in the market as their operations are more transparent, which translates to better service and also ensures a fair price for both buyers and sellers. Emerging countries are expected to continue to rule the used car sales market due to rising income levels, whereas contribution of the more developed nations is projected to decrease. Along with China and India, which continue to have a healthy share in the refurbished car sales market, Japan is also experiencing a significant rise over the past few years; while shares of Europe and the U.S. have dipped. APAC countries accounted for 34.28% of the used car market size in 2018. Refurbished Car Sales Market: Disruptive Trends · Where new car expenses act as a hurdle, the used vehicle market is thriving as a great alternative owing to its affordability factor.

Refurbished Car Sales Market

02


¡ The used car market is buzzing with great potential because of rental cars and lease turn-ins. Low wholesale prices for the latest models attract dealers to these cars. The refurbished car sales market growth is supported by investments from manufacturers to make used car sales viable to consumers. Automotive manufacturers are investing in dealer networks and branding of used cars, so as to make the market feasible to consumers. ¡ Digitalization has made its way into the automotive industry, where digital channels have already established themselves as a primary source of information. Since consumers are looking for mobility along with communication, online retailers are expected to see their market share increase. ¡ The battery electric vehicles market has begun to see growth because of regulations against carbon dioxide emissions. This, in turn, encourages growth of the refurbished electric cars market. Used Car Sales Market: Competitive Landscape Major vendors operating in the global used car and refurbished car sales market are noted as General Motors, Nissan, Toyota, BMW, Asbury Automotive Group, Tata Motors Assured, Penske Automotive Group, Chevrolet, Global StarLtd, and Autotrader which are holding major market share.

Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id= 12

Related Reports: A.

Auto Parts and Accessories Market

https://industryarc.com/Report/21/auto-parts-and-accessories-market-analysis.html B.

Automotive Sensors Market

https://industryarc.com/Report/7364/Automotive-Sensors-Market-Research-Report.html What can you expect from the report? The used car and refurbished car sales market is prepared with the main agenda to cover the following 20 points: 1. Market Size by Product Categories & Application (Revenue & Volume) 2. Market trends & Relevant Market Data

11. Demand Analysis 12. Country level Analysis

3. Manufacturer Landscape

13. Competitor Analysis

4. Distributor Landscape

14. Market Shares Analysis

5. Pricing Analysis

15. Value Chain Analysis

Refurbished Car Sales Market

03


Refurbished Car Sales Market

04


Refurbished Car Sales Market

05


6. Top 10 End user Analysis

16. Supply Chain Analysis

7. Product Benchmarking

17. Strategic Analysis

8. Product Developments Landscape Analysis 9. Mergers & Acquisition Analysis

18. Current & Future Market 19. Opportunity Analysis

10. Patent Analysis Analysis

20. Revenue and Volume

Frequently Asked Questions: Q. Does IndustryARC provide customized reports and charge additionally for limited customization? Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization: 1. Increase the level of data in application or end user industry. 2. Increase the number of countries in geography chapter. 3. Find out market shares for other smaller companies or companies which are ofinterest to you. 4. Company profiles can be requested based on your interest. 5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services. To request for a proposal, provide your details in the below link: https://industryarc.com/reports/request-quote?id= 12

Media Contact: Mr. Venkat Reddy Sales Manager Email 1: sales@industryarc.com Or Email 2: venkat@industryarc.com Contact Sales: +1-614-588-8538 (Ext-101) About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.

Refurbished Car Sales Market

06


Industry Market Research for Business Leaders, Strategists, Decision Makers

Table of Contents 1. Used Car and Refurbished Car Sales Market - Overview 1.1. Definitions and Scope 2. Used Car and Refurbished Car Sales Market - Executive summary 2.1. Market Revenue, Market Size and Key Trends by Company 2.2. Key Trends by type of Application 2.3. Key Trends segmented by Geography 3. Used Car and Refurbished Car Sales Market 3.1. Comparative analysis 3.1.1. Product Benchmarking - Top 10 companies 3.1.2. Top 5 Financials Analysis 3.1.3. Market Value split by Top 10 companies 3.1.4. Patent Analysis - Top 10 companies 3.1.5. Pricing Analysis 4. Used Car and Refurbished Car Sales Market – Startup companies Scenario 4.1. Top 10 startup company Analysis by 4.1.1. Investment 4.1.2. Revenue 4.1.3. Market Shares 4.1.4. Market Size and Application Analysis 4.1.5. Venture Capital and Funding Scenario 5. Used Car and Refurbished Car Sales Market – Industry Market Entry Scenario 5.1. Regulatory Framework Overview 5.2. New Business and Ease of Doing business index 5.3. Case studies of successful ventures 5.4. Customer Analysis – Top 10 companies 6. Used Car and Refurbished Car Sales Market Forces 6.1. Drivers 6.2. Constraints 6.3. Challenges 6.4. Porters five force model 6.4.1. Bargaining power of suppliers 6.4.2. Bargaining powers of customers 6.4.3. Threat of new entrants 6.4.4. Rivalry among existing players 6.4.5. Threat of substitutes 7. Used Car and Refurbished Car Sales Market -Strategic analysis 7.1. Value chain analysis 7.2. Opportunities analysis 7.3. Product life cycle 7.4. Suppliers and distributors Market Share 8. Used Car and Refurbished Car Sales Market – by Fuel Types (Market Size -$Million / $Billion) 8.1. Market Size and Market Share Analysis 8.2. Application Revenue and Trend Research 8.3. Product Segment Analysis 8.3.1. Gasoline 8.3.2. Diesel 8.3.3. Alternative Fuels 8.3.4. Compressed Natural Gas (CNG) 8.3.5. Liquefied Petroleum Gas (LPG)

Refurbished Car Sales Market

07


8.3.6. Battery Electric Vehicles 8.3.7. Hybrids 9. Used Car and Refurbished Car Sales Market – by Dealership (Market Size -$Million / $Billion) 9.1. Franchised 9.2. Independent 9.3. Others 10. Used Car and Refurbished Car Sales Market – by Vehicle Type (Market Size -$Million / $Billion) 10.1. Introduction 10.2. Passenger 10.3. Commercial 10.4. Light Commercial Vehicle 10.5. Sports Cars 10.6. Others 11. Used Car and Refurbished Car Sales - By Geography (Market Size -$Million / $Billion) 11.1. Used Car and Refurbished Car Sales Market - North America Segment Research 11.2. North America Market Research (Million / $Billion) 11.2.1. Segment type Size and Market Size Analysis 11.2.2. Revenue and Trends 11.2.3. Application Revenue and Trends by type of Application 11.2.4. Company Revenue and Product Analysis 11.2.5. North America Product type and Application Market Size 11.2.5.1. U.S. 11.2.5.2. Canada 11.2.5.3. Mexico 11.2.5.4. Rest of North America 11.3. Used Car and Refurbished Car Sales - South America Segment Research 11.4. South America Market Research (Market Size -$Million / $Billion) 11.4.1. Segment type Size and Market Size Analysis 11.4.2. Revenue and Trends 11.4.3. Application Revenue and Trends by type of Application 11.4.4. Company Revenue and Product Analysis 11.4.5. South America Product type and Application Market Size 11.4.5.1. Brazil 11.4.5.2. Venezuela 11.4.5.3. Argentina 11.4.5.4. Ecuador 11.4.5.5. Peru 11.4.5.6. Colombia 11.4.5.7. Costa Rica 11.4.5.8. Rest of South America 11.5. Used Car and Refurbished Car Sales - Europe Segment Research 11.6. Europe Market Research (Market Size -$Million / $Billion) 11.6.1. Segment type Size and Market Size Analysis 11.6.2. Revenue and Trends 11.6.3. Application Revenue and Trends by type of Application 11.6.4. Company Revenue and Product Analysis 11.6.5. Europe Segment Product type and Application Market Size 11.6.5.1. U.K 11.6.5.2. Germany 11.6.5.3. Italy 11.6.5.4. France 11.6.5.5. Netherlands 11.6.5.6. Belgium 11.6.5.7. Spain 11.6.5.8. Denmark 11.6.5.9. Rest of Europe 11.7. Used Car and Refurbished Car Sales – APAC Segment Research 11.8. APAC Market Research (Market Size -$Million / $Billion)

Refurbished Car Sales Market

08


11.8.1. Segment type Size and Market Size Analysis 11.8.2. Revenue and Trends 11.8.3. Application Revenue and Trends by type of Application 11.8.4. Company Revenue and Product Analysis 11.8.5. APAC Segment – Product type and Application Market Size 11.8.5.1. China 11.8.5.2. Australia 11.8.5.3. Japan 11.8.5.4. South Korea 11.8.5.5. India 11.8.5.6. Taiwan 11.8.5.7. Malaysia 12. Used Car and Refurbished Car Sales Market - Entropy 12.1. New product launches 12.2. M&A's, collaborations, JVs and partnerships 13. Used Car and Refurbished Car Sales Market – Industry / Segment Competition landscape 13.1. Market Share Analysis 13.1.1. Market Share by Country- Top companies 13.1.2. Market Share by Region- Top 10 companies 13.1.3. Market Share by type of Application – Top 10 companies 13.1.4. Market Share by type of Product / Product category- Top 10 companies 13.1.5. Market Share at global level- Top 10 companies 13.1.6. Best Practises for companies 14. Used Car and Refurbished Car Sales Market – Key Company List by Country 15. Used Car and Refurbished Car Sales Market Company Analysis 15.1. Market Share, Company Revenue, Products, M&A, Developments 15.2. Autonation 15.3. CarMax 15.4. CarWoo 15.5. Autotrader 15.6. Penske Automotive Group 15.7. Asbury Automotive Group 15.8. Toyota 15.9. Nissan 15.10. Tata Motors Assured 15.11. GeneralMotors 15.12. Global StarLtd 15.13. Maruti TrueValue 15.14. Mahinda FirstChoice 15.15. Chevrolet 15.16. BMW 15.17. Company 16 15.18. Company 17 15.19. Company 18 and more "*Financials would be provided on a best efforts basis for private companies" 16. Used Car and Refurbished Car Sales Market -Appendix 16.1. Abbreviations 16.2. Sources 17. Used Car and Refurbished Car Sales Market -Methodology 17.1. Research Methodology 17.1.1. Company Expert Interviews 17.1.2. Industry Databases 17.1.3. Associations 17.1.4. Company News 17.1.5. Company Annual Reports 17.1.6. Application Trends 17.1.7. New Products and Product database 17.1.8. Company Transcripts

Refurbished Car Sales Market

09


17.1.9. R&D Trends 17.1.10. Key Opinion Leaders Interviews 17.1.11. Supply and Demand Trends

Refurbished Car Sales Market

010


Industry Market Research for Business Leaders, Strategists, Decision Makers

IndustryARC Solutions We cater to the pain points of our clients by providing the following solutions, which are targeted and address key issues specifically. Each of the business verticals is helpful to a client at various stages of their operational, managerial and strategic level plans. Syndicate Reports and Consulting (SRC) 1. Provide high quality analytical syndicated reports with key market insights, strategies and market forecasts for a specific industry or vertical of the clients. Constant tracking of industries and relations with experts helps us to predict and publish reports before our competitors as well as meet client needs proactively. Market Research and Data Analytics (MRDA) 2. Provide pure play data analytics services for ad-hoc and long-term engagement projects of clients with market research layered into the analysis. We are the only global company to offer this combination one-stop service to clients. Redundancies generally seen by procuring data, analytics services from multiple vendors is overcome by our solution. Competitive Landscape Analysis (CLA) 3. Provide company financial analysis, market share analysis, competitive landscape insights and market movements to clients. This is one of the most important pain point and key request from majority of our clients, for which we use our proprietary methodologies to provide accurate CLA data. Accelerated Business Development (ABD) 4. Connect clients with their customers on a global scale by acting as an outsourced sales team on behalf of the client. This is a unique tri-party engagement model to benefit the client and their customer, and acts as a business development scale up at an international level. Market Intel Reports (MIR) 5. Provide one-stop venue with a searchable syndicate reports database from global companies available to clients. This augments our offerings exponentially and also assists in studying global client needs at an in-depth level.

Refurbished Car Sales Market

011


Industry Market Research for Business Leaders, Strategists, Decision Makers

About IndustryARC IndustryARC strategy studies primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals.

We Work for You For IndustryARC, we value every customer equally. We only stay ready to help each client in the best way possible with a unique 24x365 support plan. We suggest looking at the following benefits of relying on Professional Business Consulting and Custom Market Research Services to realize the unique strategic gains on offer: 1. 2. 3. 4. 5. 6. 7.

Strengthen and improve organizational performance Strategic planning and analysing Adoption of newer and cost-effective technologies Become environmentally sustainable and profitable Improve their training and certification procedures. Planning for business automation. Project facilitation and management.

Our Expertise Agriculture | Automotive | Energy and Power | Food & Beverage | Chemicals & Materials | Semiconductor & Electronics | Information Technology | Automation & Instrumentation Consumer Products & Services | Life Sciences and Healthcare

Refurbished Car Sales Market

012


Refurbished Car Sales Market

013


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.