The analysts forecast the global used car market to grow at a CAGR of 7.07% during the period 2017-2021.

New York, NY -- (SBWire) -- 10/30/2017 --Global Used Car Market

Description

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Used cars are sold through the online platforms, social media, and traditional walk-in used car stores. Online used car companies help the people in buying and selling used cars. The emergence of new retailing techniques and the shift in consumer preference toward online platforms have led car dealers to rethink their business model. Due to the growing preference for online shopping, the dealers of used cars and various OEMs are under pressure to improve their online presence to increase sales. The online sales of used cars represent the organized sector of the market.

The analysts forecast the global used car market to grow at a CAGR of 7.07% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global used car market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The Global Used Car Market 2017-2021, 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.

Key vendors
- Alibaba Group Holding
- eBay Motors
- TrueCar

Other prominent vendors
- Carvana
- Mahindra First Choice Wheels
- Maruti True Value

Market driver
- Declining ownership period of urban consumers in emerging countries.
- For a full, detailed list, view our report

Market challenge
- Increase in number of on-demand taxi operators.
- For a full, detailed list, view our report

Market trend
- Growing unorganized market structure in emerging countries.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Report Details @ https://www.wiseguyreports.com/reports/1275838-global-used-car-market-2017-2021

 

Table of Contents -Major Key Points

PART 01: Executive summary 

PART 02: Scope of the report 

PART 03: Research Methodology 

PART 04: Introduction
- Key market highlights

PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by engine capacity
- Market segmentation by engine capacity
- Global used car market in mid-size segment (1500-2499 cc)
- Global used car market in full-size segment (above 2499cc)
- Global used car market in compact size segment (below 1499 cc)

PART 07: Geographical segmentation
- Geographical segmentation of used car market
- Used car market in Americas
- Used car market in APAC
- Used car market in EMEA

PART 08: Key leading countries 

PART 09: Market drivers
- Excellent value for money of used cars
- Increase in the launch of new cars
- Declining ownership period of urban consumers in emerging countries

PART 10: Impact of drivers 

PART 11: Market challenges
- Rise in number of car-sharing services
- Increase in number of on-demand taxi operators
- Higher annual vehicle tax on older vehicles in Europe

PART 12: Impact of drivers and challenges 

PART 13: Market trends
- Vending machine platforms for dispensing used cars
- OEMs shifting to online portals for used cars
- Growing unorganized market structure in emerging countries

PART 14: Vendor landscape
- Competitive scenario
- Other prominent vendors

PART 15: Key vendor analysis
- Alibaba Group Holding
- eBay Motors
- TrueCar

………..CONTINUED