04.07.2018 21:45:00
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Used Cars 2018: Global Market Forecast to 2022 - Alibaba Group, Autotrader, eBay, PenskeCars, and TrueCar Dominate the Market
DUBLIN, July 4, 2018 /PRNewswire/ --
The "Global Used Car Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global used car market is expected to grow at a CAGR of 5.09% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the growing demand for car subscription services. The services are an alternative to owing or leasing a vehicle. These services allow consumers to use a car for an all-inclusive monthly fee, which includes roadside assistance, insurance, and maintenance.
According to the report, one of the major drivers for this market is the increasing number of new models of cars launched due to high competition. OEMs are launching cars that have advanced features at competitive pricing to increase their market share and keep pace with the competition. Such increasing number of new models of cars is expected to pave the way for the availability and sales of used cars in the market.
Further, the report states that one of the major factors hindering the growth of this market is the increasing demand for car-sharing services. The rising preferences for low-cost alternatives of personal mobility has led to a decline in car ownership. Consumers also delay their decision of owning a car considering the fuel prices.
Key Vendors
- Alibaba Group
- Autotrader (Cox Automotive)
- eBay
- PenskeCars (Penske Automotive Group)
- TrueCar
Key Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT
- Segmentation by product
- Comparison by product
- Mid-size cars - Market size and forecast 2017-2022
- Full-size cars - Market size and forecast 2017-2022
- Compact-size cars - Market size and forecast 2017-2022
- Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas - Market size and forecast 2017-2022
- EMEA - Market size and forecast 2017-2022
- APAC - Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Growing demand for car subscription services
- Vending machine platform for dispensing used cars
- OEMs shifting to online portals for used cars
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive landscape
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Alibaba Group
- Autotrader (Cox Automotive)
- eBay
- PenskeCars (Penske Automotive Group)
- TrueCar
For more information about this report visit https://www.researchandmarkets.com/research/ddvq78/used_cars_2018?w=5
Media Contact:
Laura Wood, Senior Manager
press@researchandmarkets.com
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View original content:http://www.prnewswire.com/news-releases/used-cars-2018-global-market-forecast-to-2022---alibaba-group-autotrader-ebay-penskecars-and-truecar-dominate-the-market-300676254.html
SOURCE Research and Markets
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