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United States Used Truck Market

ID: MRFR/AT/19865-HCR
128 Pages
Garvit Vyas
October 2025

United States Used Truck Market Research Report Information By Vehicle Type (Light-Duty Truck, Medium-Duty Truck, and Heavy-Duty Truck) – United States Market Forecast Till 2035

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United States Used Truck Market Summary

As per MRFR analysis, the United States Used Truck Market Size was estimated at 11.57 USD Billion in 2024. The used truck industry is projected to grow from 12.07 USD Billion in 2025 to 18.39 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.3 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The United States Used Truck Market is experiencing a dynamic shift towards digitalization and sustainability.

  • The market is increasingly influenced by digital transformation in sales, enhancing customer engagement and efficiency.
  • Sustainability and eco-conscious choices are becoming pivotal in consumer preferences, particularly in the light-duty truck segment.
  • Cost-effectiveness remains a critical factor, as economic conditions drive demand for used trucks across various sectors.
  • Increased demand for e-commerce delivery and technological advancements in truck features are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 11.57 (USD Billion)
2035 Market Size 18.39 (USD Billion)
CAGR (2025 - 2035) 4.3%

Major Players

Ford Motor Company (US), General Motors Company (US), Daimler Trucks North America LLC (US), PACCAR Inc (US), Navistar International Corporation (US), Hino Motors Manufacturing U.S.A., Inc. (US), Freightliner Trucks (US), Isuzu Commercial Truck of America, Inc. (US), Mack Trucks, Inc. (US)

United States Used Truck Market Trends

The United States Used Truck Market is currently experiencing a dynamic phase characterized by evolving consumer preferences and shifting economic conditions. The demand for used trucks appears to be influenced by various factors, including the rising costs of new vehicles and the increasing need for efficient logistics solutions. As businesses seek to optimize their operations, the appeal of used trucks, which often provide a more cost-effective alternative, seems to be growing. Additionally, the market is witnessing a surge in online platforms that facilitate the buying and selling of used trucks, thereby enhancing accessibility for potential buyers. This trend indicates a shift towards digitalization in the automotive sector, which may reshape traditional sales methods. Moreover, sustainability concerns are becoming more pronounced within the United States Used Truck Market. Consumers are increasingly aware of the environmental impact of their purchases, leading to a preference for vehicles that are perceived as more eco-friendly. This shift could drive demand for used trucks that have lower emissions or are equipped with advanced fuel-efficient technologies. As the market continues to evolve, stakeholders must remain vigilant to these trends, as they may significantly influence purchasing decisions and overall market dynamics in the near future.

Digital Transformation in Sales

The rise of online platforms for buying and selling used trucks is transforming the market landscape. This trend enhances accessibility and convenience for consumers, allowing them to compare options and make informed decisions from the comfort of their homes.

Sustainability and Eco-Conscious Choices

Growing environmental awareness among consumers is shaping preferences in the United States Used Truck Market. Buyers are increasingly inclined towards vehicles that demonstrate lower emissions and fuel efficiency, reflecting a broader commitment to sustainability.

Cost-Effectiveness and Economic Factors

The rising costs associated with new trucks are prompting businesses to consider used options more seriously. This trend suggests that economic pressures may drive a sustained interest in the used truck segment, as companies seek to manage budgets effectively.

United States Used Truck Market Drivers

Increased Demand for E-Commerce Delivery

The rise of e-commerce has led to a notable increase in demand for logistics and transportation services, thereby impacting the United States Used Truck Market. As online shopping continues to flourish, businesses require more delivery vehicles to meet consumer expectations for fast shipping. This trend has resulted in a surge in demand for used trucks, particularly those suited for last-mile delivery. According to recent data, the logistics sector is projected to grow significantly, with a corresponding increase in the need for used trucks. This demand is likely to drive prices up, as companies seek to expand their fleets to accommodate the growing volume of deliveries. Consequently, the United States Used Truck Market is experiencing a shift towards vehicles that can efficiently handle e-commerce logistics.

Technological Advancements in Truck Features

Technological innovations in the trucking industry are transforming the landscape of the United States Used Truck Market. Features such as advanced safety systems, fuel efficiency technologies, and telematics are becoming increasingly prevalent in used trucks. These advancements not only enhance the operational efficiency of vehicles but also appeal to buyers looking for modern capabilities at a lower cost. Data indicates that trucks equipped with such technologies tend to retain their value better, making them attractive options in the used market. As more companies prioritize safety and efficiency, the demand for technologically advanced used trucks is expected to rise, further shaping the dynamics of the United States Used Truck Market.

Regulatory Changes and Compliance Requirements

The regulatory environment surrounding the trucking industry is evolving, which has implications for the United States Used Truck Market. Stricter emissions standards and safety regulations are prompting fleet operators to upgrade their vehicles. As a result, older trucks that do not meet these new standards are being phased out, leading to an influx of used trucks into the market. This regulatory pressure may create opportunities for buyers seeking compliant vehicles at competitive prices. Furthermore, the need for compliance may drive demand for specific types of used trucks that meet or exceed regulatory requirements, thereby influencing purchasing decisions within the United States Used Truck Market.

Economic Recovery and Infrastructure Investment

The current economic climate, characterized by recovery and infrastructure investment, is positively impacting the United States Used Truck Market. Increased government spending on infrastructure projects is likely to boost demand for transportation services, thereby increasing the need for used trucks. As construction and logistics sectors expand, businesses are expected to invest in used trucks to support their operations. Economic indicators suggest that this trend may continue, as companies look to capitalize on growth opportunities. The influx of capital into infrastructure projects could lead to a sustained demand for used trucks, further driving the dynamics of the United States Used Truck Market.

Shifts in Consumer Preferences Towards Sustainability

There is a growing trend among consumers and businesses to prioritize sustainability, which is influencing the United States Used Truck Market. Companies are increasingly seeking used trucks that are more fuel-efficient and environmentally friendly. This shift in consumer preferences is prompting manufacturers to produce vehicles that align with eco-conscious values. Data suggests that the demand for used trucks with lower emissions is on the rise, as businesses aim to reduce their carbon footprint. Consequently, the United States Used Truck Market is likely to see an increase in the availability and sales of sustainable used trucks, reflecting this broader societal shift towards environmental responsibility.

Market Segment Insights

By Type: Light-Duty Truck (Largest) vs. Heavy-Duty Truck (Fastest-Growing)

In the United States Used Truck Market, the segmentation by type reveals a dominant share for Light-Duty Trucks, which are favored for their versatility and fuel efficiency. These vehicles cater to a wide range of applications, from personal use to small business operations, making them highly sought after in the used truck category. Heavy-Duty Trucks, on the other hand, are increasingly finding their foothold in the market due to rising demand for freight transportation, thereby capturing a growing segment of buyers willing to invest in robust, long-lasting vehicles.

Light-Duty Truck (Dominant) vs. Heavy-Duty Truck (Emerging)

Light-Duty Trucks represent the backbone of the United States Used Truck Market, favored for their adaptability and lower operating costs. These trucks appeal to consumers and businesses alike, primarily due to their efficiency in fuel consumption and ease of handling. In contrast, Heavy-Duty Trucks, while traditionally slower moving in the used market, are rapidly emerging as an attractive option for logistics and construction industries. Their increased utilization is driven by the expanding e-commerce sector and demand for freight services. As companies seek to enhance transport capacities, Heavy-Duty Trucks are becoming a strategic investment, leading to a noticeable shift in buyer preferences.

Get more detailed insights about United States Used Truck Market

Regional Insights

North America : Dominant Market Leader

The United States used truck market is experiencing robust growth, driven by increasing demand for freight transportation and a surge in e-commerce. Regulatory catalysts, such as emissions standards and safety regulations, are also shaping the market landscape. The U.S. holds approximately 85% of the North American market share, making it the largest market, followed by Canada at around 10%. This growth is further supported by favorable financing options and a growing preference for used trucks over new ones. Key players in the U.S. market include Ford Motor Company, General Motors, and Daimler Trucks North America, among others. The competitive landscape is characterized by a mix of established manufacturers and emerging players, all vying for market share. The presence of these key players ensures a diverse range of offerings, catering to various customer needs. As the market evolves, innovations in technology and sustainability are expected to play a crucial role in shaping future trends.

Europe : Emerging Market Dynamics

The European used truck market is witnessing significant growth, driven by increasing logistics demands and a shift towards sustainable transportation solutions. Regulatory frameworks, such as the European Union's Green Deal, are encouraging the adoption of cleaner vehicles. Germany and the UK are the largest markets, holding approximately 30% and 25% of the market share, respectively. This growth is further fueled by rising fuel prices and the need for cost-effective transportation solutions. Leading countries in this region include Germany, the UK, and France, with a competitive landscape featuring major players like MAN, Scania, and Volvo. The presence of these manufacturers ensures a wide variety of used trucks available in the market. Additionally, the increasing focus on digital platforms for buying and selling used trucks is reshaping the competitive dynamics, making it easier for consumers to access a broader range of options.

Asia-Pacific : Rapidly Growing Market

The Asia-Pacific used truck market is on a growth trajectory, driven by urbanization and increasing demand for logistics and transportation services. Countries like China and India are leading this growth, with China holding approximately 40% of the market share, followed by India at around 20%. Regulatory initiatives aimed at improving vehicle standards and emissions are also contributing to market dynamics, encouraging the adoption of newer used trucks. In this region, key players include Hino Motors and Isuzu, which dominate the market with their extensive product offerings. The competitive landscape is characterized by a mix of local and international manufacturers, all striving to meet the rising demand. As e-commerce continues to expand, the need for reliable used trucks is expected to grow, further driving market dynamics in the Asia-Pacific region.

Middle East and Africa : Emerging Opportunities Ahead

The Middle East and Africa used truck market is gradually emerging, driven by infrastructure development and increasing trade activities. Countries like South Africa and the UAE are at the forefront, with South Africa holding approximately 30% of the market share, followed by the UAE at around 20%. Regulatory frameworks are evolving, focusing on improving vehicle standards and promoting sustainability, which are expected to catalyze market growth in the coming years. The competitive landscape in this region features a mix of local and international players, including manufacturers like MAN and Mercedes-Benz. The presence of these key players is crucial for providing a diverse range of used trucks to meet varying customer needs. As the region continues to develop, the demand for used trucks is anticipated to rise, driven by both economic growth and increasing logistics requirements.

United States Used Truck Market Regional Image

Key Players and Competitive Insights

The United States Used Truck Market is characterized by a dynamic competitive landscape, driven by factors such as increasing demand for freight transportation, evolving consumer preferences, and advancements in technology. Major players like Ford Motor Company (US), Daimler Trucks North America LLC (US), and PACCAR Inc (US) are strategically positioned to leverage these growth drivers. Ford Motor Company (US) focuses on innovation and sustainability, emphasizing electric vehicle (EV) technology in its truck offerings. Meanwhile, Daimler Trucks North America LLC (US) is enhancing its operational efficiency through digital transformation initiatives, while PACCAR Inc (US) is expanding its product portfolio to include more environmentally friendly options, collectively shaping a competitive environment that prioritizes technological advancement and sustainability.

Key business tactics employed by these companies include localizing manufacturing and optimizing supply chains to enhance responsiveness to market demands. The market structure appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for a diverse range of offerings, catering to different customer needs while fostering competition that drives innovation and efficiency.

In August 2025, Ford Motor Company (US) announced a partnership with a leading technology firm to develop advanced telematics solutions for its used truck segment. This strategic move is likely to enhance fleet management capabilities for customers, providing them with real-time data analytics to optimize operations. Such innovations not only improve customer satisfaction but also position Ford as a leader in the integration of technology within the used truck market.

In September 2025, Daimler Trucks North America LLC (US) unveiled a new line of used trucks equipped with enhanced safety features and fuel-efficient engines. This launch reflects the company's commitment to sustainability and safety, addressing growing consumer concerns about environmental impact and road safety. By prioritizing these attributes, Daimler aims to differentiate its offerings in a competitive market.

In July 2025, PACCAR Inc (US) expanded its dealer network to include more locations across the Midwest, enhancing accessibility for customers seeking used trucks. This strategic expansion is indicative of PACCAR's focus on improving customer service and support, which is crucial in a market where customer loyalty can significantly influence purchasing decisions. By increasing its footprint, PACCAR is likely to capture a larger market share and strengthen its competitive position.

As of October 2025, current trends in the United States Used Truck Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI) in operations. Strategic alliances among key players are shaping the landscape, fostering innovation and collaboration. The competitive differentiation is expected to evolve from traditional price-based competition to a focus on technological advancements, supply chain reliability, and sustainable practices. Companies that can effectively leverage these trends are likely to secure a competitive edge in the market.

Key Companies in the United States Used Truck Market market include

Industry Developments

March 2021: Gordon Truck Centers confirmed the acquisition of Western Idaho Freightliner and Western Star in Nampa, Idaho. Following this acquisition, GTC expands its operations to fourteen stores across Washington, Oregon, Idaho, and Hawaii, conducting business under the names Freightliner Northwest, Western Star Northwest, and Freightliner of Hawaii. Notably, 12 out of GTC's 14 stores are now dual-branded as Freightliner and Western Star Northwest.

February 2021: Ryder System Inc. unveiled an enhanced Fleet Buy-Out Program, enabling customers to trade their fleets and subsequently lease new trucks through Ryder's leasing program. The program involves the direct purchase of used commercial vehicles in a one-for-one leasing exchange, offering competitive deals and ensuring a guaranteed sale for customers. This initiative reflects Ryder's commitment to providing flexible and attractive options for businesses looking to upgrade their fleets.

Future Outlook

United States Used Truck Market Future Outlook

The United States Used Truck Market is projected to grow at a 4.3% CAGR from 2024 to 2035, driven by increasing demand for logistics and sustainable transportation solutions.

New opportunities lie in:

  • Expansion of online used truck marketplaces
  • Development of telematics for fleet management
  • Partnerships with financing institutions for flexible payment options

By 2035, the market is expected to be robust, driven by innovation and evolving consumer needs.

Market Segmentation

United States Used Truck Market Type Outlook

  • Light-Duty Truck
  • Medium-Duty Truck
  • Heavy-Duty Truck

Report Scope

MARKET SIZE 202411.57(USD Billion)
MARKET SIZE 202512.07(USD Billion)
MARKET SIZE 203518.39(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.3% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesGrowing demand for fuel-efficient and environmentally friendly used trucks in urban logistics.
Key Market DynamicsRising demand for fuel-efficient trucks drives competitive pricing and influences consumer purchasing decisions in the used truck market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

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FAQs

What is the current valuation of the United States Used Truck Market?

The overall market valuation was 11.57 USD Billion in 2024.

What is the projected market valuation for the United States Used Truck Market in 2035?

The projected valuation for 2035 is 18.39 USD Billion.

What is the expected CAGR for the United States Used Truck Market from 2025 to 2035?

The expected CAGR during the forecast period 2025 - 2035 is 4.3%.

Which companies are the key players in the United States Used Truck Market?

Key players include Ford Motor Company, General Motors Company, and Daimler Trucks North America, among others.

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