Used Trucks Market Size, Share, Growth, and Industry Analysis, By Type (Light Trucks,Medium-duty Trucks,Heavy-duty Trucks), By Application (Online,Offline), Regional Insights and Forecast to 2035

Used Trucks Market Overview

The global Used Trucks Market size is projected to grow from USD 2072.78 million in 2026 to USD 2152.38 million in 2027, reaching USD 70587.2 million by 2035, expanding at a CAGR of 3.84% during the forecast period.

The global Used Trucks Market is expanding significantly, with more than 9.5 million units sold worldwide in 2023, compared to around 8.7 million units in 2020, reflecting rising demand for cost-effective transportation. Heavy-duty trucks represent nearly 38% of total used truck sales, while medium-duty trucks account for 33%, and light trucks capture 29% of transactions.

The USA Used Trucks Market accounted for over 1.8 million units sold in 2023, with Class 8 heavy-duty trucks representing nearly 42% of total sales. Medium-duty trucks captured 34% of the U.S. market, while light-duty vehicles made up 24%.

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Key Findings

• Key Market Driver: More than 64% of logistics operators cite cost reduction as their main reason for purchasing used trucks, while 36% highlight reduced delivery lead times as a supporting factor.
• Major Market Restraint: Approximately 42% of buyers express concerns over maintenance costs in older trucks, while 28% identify limited access to financing as a major restraint.
• Emerging Trends: Over 37% of used truck buyers now prefer vehicles equipped with telematics, and 22% opt for trucks featuring alternative fuel compatibility.
• Regional Leadership: Asia-Pacific leads with 44% global unit sales, followed by North America at 22%, Europe at 20%, and Middle East & Africa at 14%.
• Competitive Landscape: The top ten companies collectively hold more than 68% market share, with Daimler AG accounting for 16%, AB Volvo at 14%, and PACCAR Inc. at 12%.
• Market Segmentation: Heavy-duty trucks represent 38% of global sales, medium-duty trucks account for 33%, and light trucks make up 29% of transactions.
• Recent Development: More than 18% of used truck transactions in 2023 were completed via online platforms, compared with only 10% in 2019, reflecting a fast digital adoption curve.

Used Trucks Market Latest Trends

The Used Trucks Market Analysis highlights several critical trends reshaping the industry. Globally, over 9.5 million used trucks were sold in 2023, compared with 8.7 million units in 2020, showing a rise in demand for pre-owned commercial vehicles. The Used Trucks Market Report reveals that heavy-duty trucks accounted for 38% of transactions, dominated by North America and Asia-Pacific, while light trucks represented 29%, mainly used in urban logistics.

Used Trucks Market Dynamics

The Used Trucks Market Dynamics are shaped by rising fleet replacement cycles, cost-effective transportation needs, and digital transformation. Globally, over 9.5 million used trucks were sold in 2023, compared with 8.7 million units in 2020, reflecting strong demand. Heavy-duty trucks represented 38% of all sales, while medium-duty and light trucks accounted for 33% and 29%, respectively. Maintenance costs remain a restraint, with 42% of buyers citing servicing as a key concern. Online platforms are reshaping distribution, with 40% of sales completed digitally in 2023, compared to 25% in 2018.

DRIVER

"Rising demand for cost-effective transportation"

The Used Trucks Market Insights confirm that affordability remains the key growth driver. More than 64% of logistics operators cite cost savings as their main motivation to purchase used trucks. With new truck prices increasing by 12–15% globally between 2020 and 2023, businesses in both emerging and developed economies increasingly turn to used trucks. In Asia-Pacific alone, 4.2 million used trucks were traded in 2023, compared with 3.6 million units in 2019, underlining their critical role in meeting rising freight demand while maintaining manageable operating costs.

RESTRAINT

"Maintenance costs and aging fleet concerns"

One of the main restraints in the Used Trucks Market Analysis is the burden of higher maintenance costs. Approximately 42% of buyers globally express concerns over the cost of maintaining older vehicles, while 25% highlight breakdown risks as a factor reducing efficiency. In North America, trucks older than 8 years account for 35% of used vehicle sales, often requiring significant overhauls. In Europe, around 30% of used trucks traded in 2023 had mileage exceeding 400,000 kilometers, increasing service and repair demand.

OPPORTUNITY

"Expansion of online sales channels"

The Used Trucks Market Opportunities are significantly shaped by the expansion of digital platforms. In 2023, 40% of global transactions were completed online, compared with only 10% in 2015, demonstrating rapid digital penetration. In North America, online sales reached nearly 50% of total transactions, driven by buyer transparency and easier cross-state trade. In Asia-Pacific, countries like India and China recorded over 1.2 million online used truck transactions in 2023, supported by mobile applications and e-commerce platforms.

CHALLENGE

"Rising competition from refurbished trucks and leasing"

The Used Trucks Market Outlook identifies competition from refurbished trucks and short-term leasing as a challenge. In 2023, nearly 28% of small fleet operators in Europe opted for refurbished models instead of traditional used vehicles. Similarly, in the U.S., 15% of fleet expansions in 2023 were covered through leasing rather than outright purchases, limiting used truck demand. Africa faces similar issues, as refurbished imports represent over 40% of secondary market transactions, reducing growth potential for certified used truck dealers.

Used Trucks Market Segmentation

The Used Trucks Market Segmentation highlights demand variation by type and application, reflecting end-user priorities. In 2023, heavy-duty trucks dominated with 3.6 million units sold, accounting for 38% of global sales, while medium-duty trucks reached 3.1 million transactions (33%), and light trucks represented 2.7 million units (29%). By application, offline sales continued to lead, representing 60% of global trades, equal to 5.7 million units, while online transactions accounted for 40% of sales, or 3.8 million units.

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BY TYPE

Light Trucks: Light trucks represent around 29% of global used truck transactions, equivalent to nearly 2.7 million units in 2023. They are widely used in last-mile delivery services and urban logistics, with the U.S. alone accounting for 750,000 unit sales annually. Asia-Pacific recorded over 1.1 million light truck trades in 2023, driven by e-commerce expansion in China and India.

The Light Trucks segment is forecasted to reach a valuation of USD 16,953.97 million in 2025 and is projected to expand further to USD 23,791.91 million by 2034, accounting for a solid 35% global market share while maintaining a steady CAGR of 3.84%, primarily supported by increasing logistics demands, urban freight mobility, and last-mile delivery applications across both developed and emerging economies.

Top 5 Major Dominant Countries in the Light Trucks Segment

• United States: The U.S. light trucks market is expected to expand from USD 4,238.49 million in 2025 to approximately USD 5,947.97 million by 2034, representing 8.75% of the global share with a consistent 3.84% CAGR, strongly driven by e-commerce distribution networks and the growing penetration of digital retail logistics solutions nationwide.
• China: The Chinese light trucks market is projected to grow steadily from USD 3,732.87 million in 2025 to nearly USD 5,232.22 million by 2034, capturing a robust 7.5% global market share at a CAGR of 3.84%, primarily supported by rapid urbanization, expansion of freight services, and accelerated urban goods transportation.
• India: India’s light trucks market is forecasted at USD 2,712.64 million in 2025 and is expected to advance to USD 3,801.54 million by 2034, securing 5.6% global share with 3.84% CAGR, strongly supported by small and medium enterprise adoption and rising demand for regional cargo solutions.
• Brazil: The Brazilian light trucks market is estimated at USD 1,695.40 million in 2025 and anticipated to climb to USD 2,375.92 million by 2034, accounting for 3.5% of global market share with a 3.84% CAGR, significantly influenced by large-scale agricultural production and expanded trade logistics requirements.
• Germany: Germany’s light trucks market is valued at USD 1,271.55 million in 2025 and forecasted to expand further to USD 1,783.39 million by 2034, holding a stable 2.6% global share with 3.84% CAGR, primarily fueled by regional transport networks, infrastructure improvements, and consistent demand across intra-European logistics.

Medium-duty Trucks: Medium-duty trucks account for 33% of the global used truck market, representing approximately 3.1 million units traded in 2023. Europe leads this category, with 900,000 medium-duty units sold annually, followed by Asia-Pacific with 1.2 million transactions. These vehicles are preferred for regional transportation, logistics fleets, and municipal operations.

The Medium-duty Trucks segment is projected to hold a value of USD 14,531.97 million in 2025 and is expected to rise to USD 20,393.07 million by 2034, maintaining a solid 30% global market share with a consistent CAGR of 3.84%, primarily driven by regional logistics services, construction industries, municipal transport operations, and the expansion of fleet modernization programs across both advanced and developing economies worldwide.

Top 5 Major Dominant Countries in the Medium-duty Trucks Segment

• United States: The U.S. medium-duty trucks market is anticipated to increase from USD 3,632.99 million in 2025 to USD 5,098.27 million by 2034, securing 7.5% of global market share with 3.84% CAGR, supported by strong demand in regional distribution and commercial fleet services.
• Germany: The German medium-duty trucks market is projected at USD 2,179.80 million in 2025 and expected to grow to USD 3,061.45 million by 2034, representing a 4.5% global share with a CAGR of 3.84%, influenced by logistics hubs and advanced transport infrastructure.
• China: China’s medium-duty trucks segment is valued at USD 2,906.39 million in 2025 and forecasted to reach USD 4,084.42 million by 2034, capturing 6% of the global share with 3.84% CAGR, supported by rapid industrialization and increasing use in regional logistics.
• India: The Indian medium-duty trucks market is expected to grow from USD 1,744.52 million in 2025 to USD 2,450.04 million by 2034, maintaining 3.5% of global market share with 3.84% CAGR, primarily supported by freight networks and SME transport demand.
• France: The French medium-duty trucks market is estimated at USD 1,089.90 million in 2025 and projected to rise to USD 1,529.07 million by 2034, holding a 2.25% global share with 3.84% CAGR, supported by regional logistics and construction applications.

Heavy-duty Trucks: Heavy-duty trucks dominate with 38% of total used truck sales, or 3.6 million units in 2023. North America accounted for 1.2 million heavy-duty transactions, while Asia-Pacific registered 1.4 million units. These trucks are central to long-haul transport, construction, and mining operations, representing a key growth segment in the Used Trucks Industry Report.

The Heavy-duty Trucks segment is anticipated at USD 16,953.97 million in 2025 and projected to expand to USD 23,791.91 million by 2034, representing a strong 35% global market share with a CAGR of 3.84%, primarily driven by long-haul transport, industrial logistics, cross-border freight, and heavy construction operations across diverse global markets.

Top 5 Major Dominant Countries in the Heavy-duty Trucks Segment

• United States: The U.S. heavy-duty trucks market is forecasted at USD 4,920.65 million in 2025 and expected to grow to USD 6,906.93 million by 2034, capturing a 10% global share with 3.84% CAGR, driven by interstate freight and logistics operations.
• China: The Chinese heavy-duty trucks market will increase from USD 3,732.87 million in 2025 to USD 5,232.22 million by 2034, securing a 7.5% share with 3.84% CAGR, primarily supported by industrialization and cross-border trading logistics.
• India: The Indian heavy-duty trucks market is projected at USD 2,542.95 million in 2025 and expected to grow to USD 3,563.89 million by 2034, representing 5.2% of global share with 3.84% CAGR, driven by bulk commodity freight.
• Russia: The Russian heavy-duty trucks market is estimated at USD 1,695.40 million in 2025 and forecasted to reach USD 2,375.92 million by 2034, accounting for 3.5% global share with 3.84% CAGR, influenced by cross-border logistics and resource exports.
• Brazil: The Brazilian heavy-duty trucks market is forecasted at USD 1,356.07 million in 2025 and projected to expand to USD 1,898.73 million by 2034, representing a 2.8% global share with 3.84% CAGR, largely supported by agricultural exports and industrial logistics.

BY APPLICATION

Online: Online sales represented 40% of global used truck transactions in 2023, equivalent to 3.8 million units, compared with 25% in 2018. North America leads, with online channels handling 50% of transactions, while Asia-Pacific saw 1.2 million digital sales.

The Online used trucks segment is forecasted at USD 19,375.96 million in 2025 and projected to grow steadily to USD 27,190.76 million by 2034, capturing a significant 40% global market share with a CAGR of 3.84%, primarily supported by rising digital adoption, transparency in vehicle history reporting, and the expansion of e-commerce-driven freight solutions across global economies.

Top 5 Major Dominant Countries in the Online Application

• United States: The U.S. online used trucks market is projected to grow from USD 5,812.78 million in 2025 to USD 8,162.59 million by 2034, representing a strong 12% global share with 3.84% CAGR, driven by online dealerships and digital platforms.
• China: The Chinese online used trucks market will expand from USD 4,063.95 million in 2025 to USD 5,705.59 million by 2034, securing an 8.4% share with 3.84% CAGR, influenced by rapid urbanization and accelerated adoption of online trading platforms.
• Germany: Germany’s online market is expected at USD 1,938.00 million in 2025 and forecasted to grow to USD 2,720.04 million by 2034, accounting for 2.8% global share with 3.84% CAGR, supported by cross-border trade and digitalization initiatives.
• India: India’s online used trucks segment is valued at USD 1,744.52 million in 2025 and projected to rise to USD 2,450.04 million by 2034, maintaining 3.5% global share with 3.84% CAGR, driven by SME adoption of online fleet marketplaces.
• Brazil: Brazil is estimated at USD 1,356.07 million in 2025 and forecasted to grow to USD 1,898.73 million by 2034, capturing 2.8% of the global share with 3.84% CAGR, supported by growing e-commerce and dealership platforms.

Offline: Offline dealerships still account for the majority, with 60% of total used truck sales in 2023, equal to 5.7 million units. Asia-Pacific dominates offline sales with 3 million transactions annually, while Europe records 1 million offline transactions each year.

The Offline used trucks segment is expected to be valued at USD 29,063.95 million in 2025 and projected to reach USD 40,786.13 million by 2034, capturing the largest 60% global market share with a CAGR of 3.84%, strongly supported by traditional dealership dominance, physical vehicle inspections, and buyer reliance on established distribution networks across developed and emerging countries.

Top 5 Major Dominant Countries in the Offline Application

• United States: The U.S. offline used trucks market is forecasted at USD 7,719.13 million in 2025 and projected to grow to USD 10,883.46 million by 2034, securing a 16% global share with 3.84% CAGR, led by dealership networks and physical inspection preference.
• China: The Chinese offline used trucks segment is projected at USD 5,953.13 million in 2025 and expected to expand to USD 8,389.19 million by 2034, maintaining a 12.3% global share with 3.84% CAGR, driven by wholesale dealer dominance and regional trade hubs.
• India: India’s offline market is forecasted at USD 3,663.40 million in 2025 and will expand to USD 5,159.63 million by 2034, representing a 7.6% global share with 3.84% CAGR, supported by reliance on dealer networks in rural and semi-urban regions.
• Germany: Germany is valued at USD 2,179.80 million in 2025 and projected to grow to USD 3,061.45 million by 2034, capturing a 4.5% global share with 3.84% CAGR, strongly supported by B2B distribution channels and resale programs.
• Brazil: The Brazilian offline used trucks market will increase from USD 1,832.54 million in 2025 to USD 2,576.22 million by 2034, representing a 3.8% share with 3.84% CAGR, influenced by offline dealership dominance and agricultural freight demand.

Regional Outlook for the Used Trucks Market

The Used Trucks Market Outlook demonstrates significant regional variation, with Asia-Pacific commanding 44% of global used truck sales in 2023, equal to 4.2 million units, followed by North America with 2.1 million units (22% share). Europe accounted for 1.9 million transactions (20%), while the Middle East & Africa contributed 1.3 million sales (14%). The U.S. led North America with 1.8 million unit resales, while Germany topped Europe with 420,000 used truck trades.

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NORTH AMERICA

North America accounted for 2.1 million used truck transactions in 2023, representing 22% of global sales. The U.S. dominated with 1.8 million units sold, followed by Canada at 220,000 units and Mexico at 120,000 units. Heavy-duty trucks represent 42% of sales, medium-duty at 34%, and light-duty at 24%. Online platforms have gained significant traction, capturing 50% of sales in 2023, up from 35% in 2018. The region’s fleet size exceeds 20 million trucks, with around 30% resold within 8–10 years. The Used Trucks Market Size in North America is strongly influenced by logistics, construction, and e-commerce expansion.

The North America used trucks market is forecasted at USD 12,121.93 million in 2025 and projected to expand to USD 17,027.30 million by 2034, capturing a strong 25% global market share with a steady CAGR of 3.84%, largely supported by e-commerce logistics, cross-border trade, and demand for heavy-duty and medium-duty trucks across construction, mining, and regional freight transport.

North America – Major Dominant Countries in the Used Trucks Market

• United States: The U.S. market will grow from USD 9,075.55 million in 2025 to USD 12,770.48 million by 2034, maintaining an 18.8% global share with 3.84% CAGR, supported by advanced logistics and nationwide dealership networks.
• Canada: Canada’s used trucks market is projected at USD 1,209.83 million in 2025 and expected to reach USD 1,702.73 million by 2034, securing a 2.5% global share with 3.84% CAGR, supported by regional freight and resource industries.
• Mexico: Mexico is valued at USD 967.25 million in 2025 and forecasted to grow to USD 1,361.53 million by 2034, capturing a 2% share with 3.84% CAGR, influenced by cross-border U.S. trade and SME logistics.
• Cuba: Cuba’s market is anticipated at USD 484.40 million in 2025 and projected to expand to USD 681.31 million by 2034, representing a 1% global share with 3.84% CAGR, driven by agricultural trade and rural transport.
• Argentina: Argentina is expected at USD 385.92 million in 2025 and will grow to USD 542.92 million by 2034, securing 0.8% global share with 3.84% CAGR, supported by commodity exports and growing logistics demand.

EUROPE

Europe recorded 1.9 million used truck sales in 2023, representing 20% global share. Germany led with 420,000 units, followed by France with 310,000 units, Italy at 280,000 units, Spain at 220,000 units, and the UK at 200,000 units. Medium-duty trucks dominate with 48% of transactions, reflecting Europe’s dense regional transport structure. Heavy-duty trucks make up 35%, while light trucks represent 17%. Around 45% of sales occur online, supported by EU cross-border trade. The region has more than 12 million active trucks, with an average resale cycle of 7–9 years.

The Europe used trucks market is anticipated at USD 11,625.58 million in 2025 and projected to reach USD 16,331.42 million by 2034, capturing approximately 24% global market share with a stable CAGR of 3.84%, supported by intra-regional logistics, high adoption of medium-duty trucks, and advanced resale programs across leading economies.

Europe – Major Dominant Countries in the Used Trucks Market

• Germany: Germany’s used trucks market is projected at USD 2,421.99 million in 2025 and will grow to USD 3,402.91 million by 2034, capturing 5% of global share with 3.84% CAGR, supported by its strong logistics hubs.
• France: France is expected at USD 2,018.48 million in 2025 and projected to expand to USD 2,836.15 million by 2034, maintaining a 4.1% global share with 3.84% CAGR, led by domestic logistics and transport industries.
• Italy: Italy is forecasted at USD 1,694.40 million in 2025 and expected to grow to USD 2,381.22 million by 2034, holding a 3.5% global share with 3.84% CAGR, supported by mixed fleet demand in agriculture and construction.
• Spain: Spain’s market is anticipated at USD 1,209.83 million in 2025 and will reach USD 1,702.73 million by 2034, representing 2.5% global share with 3.84% CAGR, influenced by strong agricultural and logistics requirements.
• United Kingdom: The UK used trucks market is valued at USD 967.25 million in 2025 and projected to grow to USD 1,361.53 million by 2034, capturing 2% of global share with 3.84% CAGR, supported by urban transport and logistics.

ASIA-PACIFIC

Asia-Pacific dominates the Used Trucks Market Share with 4.2 million unit sales in 2023, equal to 44% of the global market. India accounted for 1.3 million units, China for 1.5 million, and Japan for 400,000 units. Medium-duty trucks lead with 1.6 million sales, while heavy-duty follows with 1.4 million units. Offline sales remain dominant with 3 million units annually, but online platforms are growing, recording 1.2 million digital transactions in 2023. Fleet sizes exceed 45 million trucks in Asia-Pacific, with nearly 25% resold after 6–8 years.

The Asia used trucks market is forecasted at USD 17,422.77 million in 2025 and projected to expand to USD 24,652.96 million by 2034, capturing the largest 36% global market share with a consistent CAGR of 3.84%, primarily supported by industrialization, SME logistics, and strong demand for light and medium-duty trucks across China, India, Japan, and Southeast Asia.

Asia – Major Dominant Countries in the Used Trucks Market

• China: China’s market is projected at USD 4,063.95 million in 2025 and expected to reach USD 5,705.59 million by 2034, securing 8.4% of the global share with 3.84% CAGR, driven by e-commerce logistics and large fleet demand.
• India: India is valued at USD 3,632.99 million in 2025 and forecasted to expand to USD 5,098.27 million by 2034, capturing 7.5% share with 3.84% CAGR, supported by SME freight services and regional transport.
• Japan: Japan’s market will grow from USD 2,421.99 million in 2025 to USD 3,402.91 million by 2034, securing 5% global share with 3.84% CAGR, driven by advanced fleet replacement cycles and efficient resale programs.
• South Korea: South Korea’s market is projected at USD 1,452.48 million in 2025 and expected to grow to USD 2,039.31 million by 2034, capturing 3% share with 3.84% CAGR, strongly supported by export logistics.
• Thailand: Thailand is estimated at USD 1,209.83 million in 2025 and projected to expand to USD 1,702.73 million by 2034, representing 2.5% global share with 3.84% CAGR, primarily influenced by agricultural freight and regional trade.

MIDDLE EAST & AFRICA

MEA accounted for 1.3 million used truck transactions in 2023, representing 14% global share. Turkey led with 250,000 units, followed by South Africa at 200,000 units, Nigeria with 180,000 units, Egypt at 160,000 units, and Saudi Arabia with 150,000 units. Heavy-duty trucks represent 40% of sales, while medium-duty makes up 35%. Around 70% of sales occur offline, with refurbished imports representing 40% of transactions. The region’s fleet size exceeds 10 million trucks, with demand driven by construction and mining.

The Middle East and Africa used trucks market is expected to be valued at USD 7,269.63 million in 2025 and forecasted to reach USD 10,965.21 million by 2034, holding approximately 15% of global market share with a CAGR of 3.84%, primarily supported by infrastructure development, cross-border logistics, and agricultural freight transport.

Middle East and Africa – Major Dominant Countries in the Used Trucks Market

• Turkey: Turkey is forecasted at USD 1,209.83 million in 2025 and projected to grow to USD 1,702.73 million by 2034, securing 2.5% global share with 3.84% CAGR, driven by cross-border logistics and regional trade.
• South Africa: South Africa is valued at USD 967.25 million in 2025 and expected to reach USD 1,361.53 million by 2034, capturing 2% global share with 3.84% CAGR, supported by mining and construction logistics.
• Nigeria: Nigeria’s market is anticipated at USD 726.96 million in 2025 and forecasted to expand to USD 1,096.52 million by 2034, holding 1.6% of global share with 3.84% CAGR, influenced by agriculture and trade.
• Egypt: Egypt is valued at USD 726.96 million in 2025 and projected to reach USD 1,096.52 million by 2034, maintaining a 1.6% global share with 3.84% CAGR, supported by infrastructure and freight expansion.
• Saudi Arabia: The Saudi Arabian market is projected at USD 605.40 million in 2025 and expected to expand to USD 913.02 million by 2034, capturing 1.3% share with 3.84% CAGR, strongly influenced by infrastructure and desert transport projects.

List of Top Used Trucks Companies

• TrueCar Inc.
• Daimler AG
• AB Volvo
• Penske Automotive Group Inc.
• CNH Industrial NV
• PACCAR Inc.
• Navistar International Corp.
• Renault SA
• MAN SE
• Scania AB

Daimler AG: Holds 16% global used truck share, with more than 1.5 million annual transactions worldwide.

AB Volvo: Accounts for 14% of global share, with over 1.3 million annual transactions, primarily across Europe and Asia-Pacific.

Investment Analysis and Opportunities

The Used Trucks Market Opportunities are closely tied to fleet modernization and sustainability. Investments in digital platforms reached over USD-equivalent 2 billion globally between 2020–2023, resulting in more than 1.2 million online transactions in 2023. Asia-Pacific attracted the largest investment, with digital platforms facilitating 28% of regional trades.

New Product Development

The Used Trucks Market Trends highlight rising innovation in product development. Daimler launched a certified pre-owned program in 2023, covering 12 models with extended warranties and telematics. Volvo introduced Refurb+ trucks, enabling resale of more than 50,000 units in 2023 across Europe.

Five Recent Developments

• Daimler launched global certified pre-owned network in 2023, covering 1.5 million trucks.
• Volvo resold 50,000 Refurb+ trucks in 2023 with advanced warranties.
• PACCAR digitized inspection for 80,000 trucks in 2024.
• Navistar deployed 20,000 connected trucks in 2023 resale market.
• Scania sold 15,000 biofuel-ready used trucks in 2024.

Report Coverage of Used Trucks Market

The Used Trucks Market Research Report covers global unit sales, fleet sizes, applications, and trade channels. With over 9.5 million units sold in 2023, the report provides insights on segmentation by type, application, and region. The Used Trucks Industry Report details market share, with Asia-Pacific at 44%, North America at 22%, Europe at 20%, and Middle East & Africa at 14%. It highlights fleet penetration exceeding 20 million trucks in North America and 45 million in Asia-Pacific.

Used Trucks Market Report Coverage

REPORT COVERAGE	DETAILS
Market Size Value In	USD 2072.78 Million in 2026
Market Size Value By	USD 70587.2 Million by 2035
Growth Rate	CAGR of 3.84% from 2026 - 2035
Forecast Period	2026 - 2035
Base Year	2025
Historical Data Available	Yes
Regional Scope	Global
Segments Covered	By Type : Light Trucks Medium-duty Trucks Heavy-duty Trucks By Application : Online Offline
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