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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 analysis, the US Used Truck Market is projected to grow from USD 8.7 Billion in 2024 to USD 21.76 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.69% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The Used Truck Market is experiencing a dynamic shift towards sustainability and technological integration.

  • The demand for fuel-efficient models is rising, particularly in the light duty truck segment, which remains the largest.
  • Technological advancements are enhancing the performance and reliability of used trucks, appealing to both construction and logistics sectors.
  • Increased availability of financing options is facilitating access to used trucks, especially for small and medium-sized enterprises.
  • The growing e-commerce sector and rising construction projects are driving demand, alongside regulatory changes favoring used trucks.

Market Size & Forecast

2024 Market Size 8.7 (USD Billion)
2035 Market Size 21.76 (USD Billion)
CAGR (2025 - 2035) 8.69%

Major Players

Ford (US), Freightliner (US), International (US), Mack (US), Peterbilt (US), Volvo (SE), Hino (JP), Isuzu (JP), Kenworth (US)

United States Used Truck Market Trends

The Used Truck Market in the United States is currently experiencing a dynamic phase characterized by evolving consumer preferences and shifting economic conditions. As businesses increasingly seek cost-effective solutions for transportation, the demand for used trucks appears to be on the rise. This trend is likely influenced by factors such as the growing emphasis on sustainability and the need for efficient logistics. Additionally, the availability of a diverse range of models and configurations enhances the appeal of pre-owned vehicles, catering to various operational requirements. Furthermore, the market seems to be benefiting from advancements in technology, which have improved the reliability and performance of used trucks, thereby attracting a broader customer base. In January 2026, the Used Truck Market continues to adapt to changing regulations and environmental standards. The increasing focus on emissions and fuel efficiency may drive consumers towards newer used models that comply with stricter guidelines. Moreover, the financing options available for used trucks are becoming more favorable, potentially encouraging more businesses to invest in pre-owned vehicles. Overall, the market appears poised for continued growth, driven by a combination of economic factors, technological advancements, and evolving consumer expectations.

Rising Demand for Fuel-Efficient Models

The Used Truck Market is witnessing a notable shift towards fuel-efficient models. As businesses prioritize cost savings and sustainability, there is a growing preference for trucks that offer better fuel economy. This trend suggests that consumers are increasingly aware of the long-term operational costs associated with fuel consumption, leading them to seek out vehicles that align with their financial and environmental goals.

Technological Advancements in Used Trucks

Recent innovations in technology are significantly impacting the Used Truck Market. Enhanced safety features, improved engine performance, and advanced telematics systems are becoming more common in pre-owned vehicles. This evolution indicates that buyers are not only looking for affordability but also for trucks equipped with modern technology that can enhance operational efficiency and safety.

Increased Availability of Financing Options

The financing landscape for used trucks is evolving, with more accessible options emerging for potential buyers. Lenders are increasingly offering competitive rates and flexible terms, which may encourage businesses to consider pre-owned vehicles as viable alternatives. This trend highlights a growing recognition of the value that used trucks can provide, making them an attractive choice for various enterprises.

United States Used Truck Market Drivers

Growing E-Commerce Sector

The expansion of the e-commerce sector in the United States appears to be a pivotal driver for the Used Truck Market. As online shopping continues to gain traction, logistics and delivery services are increasingly reliant on used trucks to meet consumer demand. In 2025, the e-commerce market in the U.S. reached approximately 1 trillion USD, indicating a robust growth trajectory. This surge necessitates a fleet of delivery vehicles, often sourced from the used truck market, as businesses seek cost-effective solutions. The Used Truck Market is likely to benefit from this trend, as companies prioritize affordability and efficiency in their logistics operations. Furthermore, the demand for last-mile delivery solutions is expected to further stimulate the market, as businesses look to optimize their supply chains and enhance customer satisfaction.

Regulatory Changes Favoring Used Trucks

Recent regulatory changes in the United States may have a substantial impact on the Used Truck Market. Policies aimed at reducing emissions and promoting fuel efficiency could lead to an increased demand for used trucks that meet these new standards. For instance, the Environmental Protection Agency (EPA) has introduced stricter emissions regulations, which may encourage fleet operators to upgrade their vehicles. Consequently, this could result in a higher turnover of older trucks, making them available in the used market. Additionally, incentives for businesses to adopt cleaner technologies may further drive the demand for used trucks that comply with these regulations. The Used Truck Market is likely to see a shift in consumer preferences towards vehicles that not only meet regulatory requirements but also offer cost savings in terms of fuel and maintenance.

Technological Integration in Fleet Management

The integration of advanced technologies in fleet management is emerging as a crucial driver for the Used Truck Market. Companies are increasingly adopting telematics and fleet management software to enhance operational efficiency and reduce costs. This trend is particularly relevant in the used truck segment, where businesses seek to maximize the value of their investments. In 2025, the market for fleet management solutions in the U.S. was projected to grow significantly, indicating a shift towards data-driven decision-making. As fleet operators look to optimize their used truck fleets, the demand for vehicles equipped with modern technology features is likely to increase. This could lead to a preference for used trucks that offer connectivity and advanced safety features, thereby influencing purchasing decisions within the Used Truck Market.

Increased Consumer Awareness of Sustainability

The growing consumer awareness regarding sustainability and environmental impact is likely to influence the Used Truck Market. As businesses and individuals become more conscious of their carbon footprints, there is a noticeable shift towards purchasing used trucks that are perceived as more environmentally friendly. Used trucks typically have a lower environmental impact compared to new vehicles, as they extend the lifecycle of existing assets. In 2025, surveys indicated that a significant percentage of consumers prioritize sustainability in their purchasing decisions. This trend may encourage businesses to invest in used trucks as part of their sustainability initiatives. Additionally, the Used Truck Market could see an increase in demand for vehicles that meet eco-friendly standards, further aligning with the broader societal shift towards sustainable practices.

Rising Construction and Infrastructure Projects

The ongoing investment in construction and infrastructure projects across the United States is likely to serve as a significant driver for the Used Truck Market. With federal and state governments allocating substantial budgets for infrastructure improvements, the demand for heavy-duty trucks is expected to rise. In 2025, the U.S. construction industry was valued at over 1.3 trillion USD, indicating a strong need for reliable transportation solutions. Used trucks are often favored by construction companies due to their affordability and availability. As these companies seek to expand their fleets to accommodate new projects, the Used Truck Market stands to benefit from increased sales and demand. Furthermore, the trend towards sustainable construction practices may also influence the types of used trucks being sought after, as companies look for vehicles that align with their environmental goals.

Market Segment Insights

By Application: Construction (Largest) vs. Logistics (Fastest-Growing)

The Used Truck Market's application segment is diverse, comprising key sectors such as construction, logistics, agriculture, mining, and waste management. Among these, the construction segment holds the largest market share, driven by ongoing infrastructure projects and robust demand for used trucks that can handle heavy loads and rough terrains. In contrast, logistics is emerging as the fastest-growing segment, spurred by the exponential growth of e-commerce and demand for efficient supply chain solutions, influencing the procurement of used trucks suitable for various transportation needs.

Construction (Dominant) vs. Logistics (Emerging)

The construction sector is the dominant force in the Used Truck Market, characterized by a high demand for versatile trucks capable of navigating challenging environments. Various types of used trucks, including dump trucks and flatbeds, are prominent in this sector, providing essential support for construction activities ranging from site preparation to material transport. On the other hand, the logistics sector is rapidly evolving, driven by technological advancements and a shift in consumer buying behaviors. The need for timely delivery and efficient distribution channels is pushing businesses towards adopting used trucks, which offer a cost-effective solution to expand their fleets while maintaining operational efficiency.

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

The used truck market showcases a diverse array of vehicle types, with light duty trucks holding a significant share. These trucks are favored for their versatility and efficiency, often utilized in urban settings for delivery and transportation. Medium duty trucks also present a notable presence, catering to various commercial requirements, while heavy duty trucks, despite a smaller share, are rapidly gaining traction due to increased demand in logistics and construction sectors. Specialty trucks, while niche, attract specific industries requiring unique functionalities. The growth dynamics within the vehicle type segment are influenced by various factors. Light duty trucks continue to dominate due to urbanization and the rise of e-commerce, driving demand for efficient last-mile delivery solutions. Conversely, heavy duty trucks are experiencing the fastest growth, spurred by infrastructural projects and a surge in freight demand. This indicates a healthy market trend towards utilizing specialized and robust vehicles to meet industry needs.

Light Duty Truck (Dominant) vs. Specialty Truck (Emerging)

Light duty trucks are the most prevalent in the used truck market, characterized by their efficiency and adaptability for urban driving and small to medium-sized loads. They are primarily used in delivery services, trades, and light construction due to their ease of maneuverability and lower operational costs. In contrast, specialty trucks, while lesscommon, are emerging within the market, tailored for specific applications such as refrigerated transport, dump functions, or utilities. Their unique functionalities meet niche needs in various industries, driving interest despite their limited volume in comparison to light duty trucks. The increasing demand for flexibility and customization in commercial transport is propelling specialty trucks into the spotlight.

By Fuel Type: Diesel (Largest) vs. Electric (Fastest-Growing)

In the Used Truck Market, Diesel fuel continues to hold the largest share, significantly dominating the market due to its established infrastructure and improved fuel efficiency. Diesel trucks are often preferred for heavy-duty applications because of their power and reliability, making them the leading choice for long-haul operations and construction activities. Gasoline and Hybrid trucks follow, but their shares are considerably smaller compared to Diesel, while Electric vehicles, though currently limited in market penetration, are gaining traction in urban areas due to growing environmental awareness and governmental support.

Diesel (Dominant) vs. Electric (Emerging)

Diesel trucks represent the dominant force in the Used Truck Market, favored for their robustness, efficiency, and the existing network of fuel supply and maintenance. They are particularly well-suited for heavy-load transportation and are a staple in logistics. Conversely, Electric trucks are emerging as a viable alternative, characterized by their eco-friendliness and lower operating costs over time. They are particularly appealing to urban fleet operators looking to reduce emissions and comply with stringent environmental regulations. The technological advancements in battery life and charging infrastructure will further enhance their market position, making them a noteworthy challenger to traditional fuel types.

By Age of Vehicle: Less than 5 years (Largest) vs. 5 to 10 years (Fastest-Growing)

The Used Truck Market segments by the age of vehicle present a diverse distribution. The category of vehicles less than 5 years old commands the largest market share, largely due to their attractiveness for businesses seeking reliability and advanced technology. In contrast, the vehicles aged 5 to 10 years are gaining momentum, appealing to cost-conscious buyers looking for good condition and decent technological features at a lower price point, thus becoming the fastest-growing segment in this market.

Less than 5 years (Dominant) vs. 5 to 10 years (Emerging)

The segment of trucks less than 5 years old is characterized by their modern technology, lower mileage, and often still under warranty, making them a dominant choice for fleet operators and businesses prioritizing longevity and performance. These trucks provide peace of mind and reliability for businesses that depend on transportation for their operations. Conversely, the emerging segment of trucks aged 5 to 10 years presents an appealing alternative for value-seeking customers; they offer a sweet spot between cost and performance, providing several beneficial attributes without the premium price of newer models.

By Condition: Certified Pre-Owned (Largest) vs. Refurbished (Fastest-Growing)

In the Used Truck Market, the 'Condition' segment highlights a diverse array of options catering to various customer preferences. Certified Pre-Owned trucks dominate the market, accounting for a significant portion of sales due to their comprehensive inspection and warranty features, ensuring buyers receive reliable vehicles. On the other hand, the 'As-Is' category makes up a smaller segment, appealing primarily to budget-conscious buyers seeking immediate availability without guarantees or extra costs. Looking at growth trends, the Refurbished trucks segment emerges as the fastest-growing category. This surge is driven by advancements in refurbishment techniques that enhance vehicle value and longevity, along with increasing consumer demand for sustainable options that extend the life of used vehicles. Additionally, evolving regulations have made refurbished trucks more attractive alternatives, fostering market expansion.

Certified Pre-Owned (Dominant) vs. Refurbished (Emerging)

Certified Pre-Owned trucks lead the Used Truck Market, offering buyers a blend of reliability and value. These vehicles undergo stringent inspections and come with warranties, making them preferable among fleet buyers and individual consumers alike. Their dominant presence is bolstered by established dealer networks and customer trust in the certification process. In contrast, the Refurbished category represents an emerging option, characterized by vehicles that have been repaired and updated to meet market standards. This segment appeals especially to environmentally conscious buyers, as refurbishment allows for the optimal reuse of assets while offering trucks that are often more affordable than new models. As refurbishment technologies advance, this segment is set to increasingly capture market interest.

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 Used Truck Market in the US exhibits a competitive landscape characterized by a blend of established manufacturers and emerging players, driven by factors such as increasing demand for logistics and transportation services, as well as a growing emphasis on sustainability. Key players like Ford (US), Freightliner (US), and Volvo (SE) are strategically positioning themselves through innovation and digital transformation, which collectively shapes the competitive environment. Ford (US) focuses on enhancing its electric vehicle offerings, while Freightliner (US) emphasizes advanced telematics and connectivity solutions, indicating a shift towards smarter, more efficient trucking solutions.

In terms of business tactics, companies are increasingly 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 niche players to thrive, while larger companies leverage economies of scale to maintain competitive pricing and service offerings.

In December 2025, Ford (US) announced a partnership with a leading technology firm to develop an advanced fleet management system aimed at improving operational efficiency for used truck buyers. This strategic move underscores Ford's commitment to integrating technology into its offerings, potentially enhancing customer satisfaction and loyalty in a competitive market.

In November 2025, Freightliner (US) unveiled a new line of used trucks equipped with enhanced fuel efficiency technologies, which aligns with the growing demand for environmentally friendly transportation solutions. This initiative not only positions Freightliner as a leader in sustainability but also addresses regulatory pressures and consumer preferences for greener options.

In October 2025, Volvo (SE) launched a comprehensive digital platform that allows customers to access real-time data on used truck performance and maintenance needs. This innovation reflects Volvo's focus on digitalization and customer-centric services, potentially setting a new standard in the market for transparency and reliability.

As of January 2026, current trends in the Used Truck Market indicate a strong shift towards digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and collaboration. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological advancements, supply chain reliability, and sustainable practices, suggesting that companies must adapt to these trends to maintain their market positions.

Key Companies in the United States Used Truck 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 US Used Truck Market is projected to grow at an 8.69% CAGR from 2024 to 2035, driven by increasing demand for cost-effective transportation solutions and sustainability initiatives.

New opportunities lie in:

  • Expansion of online auction platforms for used trucks.
  • Development of telematics solutions for fleet management.
  • Partnerships with financing companies to offer tailored loan packages.

By 2035, the market is expected to be robust, reflecting strong growth and evolving consumer preferences.

Market Segmentation

United States Used Truck Market Condition Outlook

  • Certified Pre-Owned
  • As-Is
  • Refurbished

United States Used Truck Market Fuel Type Outlook

  • Diesel
  • Gasoline
  • Electric
  • Hybrid

United States Used Truck Market Application Outlook

  • Construction
  • Logistics
  • Agriculture
  • Mining
  • Waste Management

United States Used Truck Market Vehicle Type Outlook

  • Light Duty Truck
  • Medium Duty Truck
  • Heavy Duty Truck
  • Specialty Truck

United States Used Truck Market Age of Vehicle Outlook

  • Less than 5 years
  • 5 to 10 years
  • 10 to 15 years
  • More than 15 years

Report Scope

MARKET SIZE 20248.7(USD Billion)
MARKET SIZE 20259.54(USD Billion)
MARKET SIZE 203521.76(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)8.69% (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 ProfiledFord (US), Freightliner (US), International (US), Mack (US), Peterbilt (US), Volvo (SE), Hino (JP), Isuzu (JP), Kenworth (US)
Segments CoveredApplication, Vehicle Type, Fuel Type, Age of Vehicle, Condition
Key Market OpportunitiesGrowing demand for fuel-efficient and environmentally friendly used trucks in urban logistics.
Key Market DynamicsRising demand for fuel-efficient used trucks drives competitive pricing and influences consumer purchasing decisions in the US.
Countries CoveredUS
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FAQs

What is the current valuation of the Used Truck Market?

<p>As of 2024, the Used Truck Market was valued at 8.7 USD Billion.</p>

What is the projected market size for the Used Truck Market by 2035?

<p>The market is projected to reach 21.76 USD Billion by 2035.</p>

What is the expected CAGR for the Used Truck Market during the forecast period 2025 - 2035?

<p>The expected CAGR for the Used Truck Market during 2025 - 2035 is 8.69%.</p>

Which applications are driving growth in the Used Truck Market?

<p>Key applications include Logistics, which is projected to grow from 2.61 to 6.35 USD Billion, and Construction, expected to rise from 1.74 to 4.25 USD Billion.</p>

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