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The Saudi Arabia Tire Market is projected to grow at a CAGR of around 8% during the forecast period, i.e., 2022-27.
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North America Used Truck Market Research Report: Forecast (2023-2028) +1 628-895-8081 www.marknteladvisors.com sales@marknteladvisors.com
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Market Insights • The North America Used Truck Market is expected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2023-28. Most of the market expansion would be propelled by the rapidly increasing number of construction and development projects across different countries in the region, backed by substantial government support and investments. It, in turn, is augmenting the demand for used trucks, which are easily available at affordable prices.
Key Driver: Expanding Transportation Industry throughout the Region Backed with the improvement in the road connectivity and trade across different countries in the region, the transportation industry in North America is growing substantially and demonstrating a peaking demand for used trucks. As a result, key players are tapping these opportunities and widening their offerings, thereby generating substantial revenue and contributing to the overall growth trajectory of the market in the region.
Market Segmentation of the Industry By Application (Construction, mining and Logistics) By Capacity (3.5 to 7.5 tons, 7.5 tons to 16 tons and Above 16 tons), By Fuel Type (Gasoline/CNG, Diesel, Petrol and Electric and Hybrid)
Competitive Benchmarking Scania Cummins, Paccar, Peterbilt, International, Isuzu, Dodge, AB, AB Volvo, Kenworth, Freightliner Used Trucks,
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