France Used Cars Market Outlook to 2027: Ken Research

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Future Outlook of France Used Cars Market: Ken Research

Focus on Embracing Digitization, New Government Policies and Entry of Online portals in the market are major factors contributing towards the development of Used Car Market in France.

Digitization in Sale of Used Cars: Online sales have emerged as a critical market growth factor. Online penetration by dealership companies has played an important role in allowing customers access with a single click. The existence of such developments resulted in a cumulative growth in demand for used cars. AUTO1.com, one of the largest wholesale used car platforms, seeing a year-over-year increase of more than 100 per cent in B2B trading of battery-electric (BEV), plug-in-hybrid (PHEV), and hybrid vehicles (HEVs), totalling more than ~ unit sales.

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Introduction of EV Models: Increased investment in the electric segment is also one of the key reasons, which positively impacts the market demand. With the availability of a supply chain network for used cars in the market, significant traction in terms of volume sales is expected. EVs are making their way into the used car market in greater numbers. In terms of selling at least one EV unit in 2021, French dealers contribute around 32 per cent in the EU countries.

Government Regulations: French law states that you must declare the sale of your used car by correctly completing a document entitled a declaration de cession dune vehicle. This needs to be completed irrespective of the value or age of the vehicle. The old document had three pages: one for the seller, one for the buyer and one for your local préfecture. The new version now has just two pages: one for the seller and one for the buyer. Your local prefecture no longer plays any role in this process. Instead, l’Agence Nationale des Titres Sécurisés (ANTS) performs this function. These clear specifications in the government rules and regulations is expected to positively impact the used car market in France.

Analysts at Ken Research in their latest publication “France Used Car Market Outlook to 2023 – Surge in Demand for Rental Cars Backed by Increased Online Used Car Sales” by Ken Research observed that the used car market is an emerging automotive market in France at rebounding stage from the economic crisis after the pandemic. The rising government policies and demand for the used car industry, increase in disposable income along with rising online platforms for used cars is expected to contribute to the market growth over the forecast period. The market is expected to grow at ~% CAGR during 2021-2026F owing to an increase in prices of new cars, a rise in demand for used cars and government initiatives.

Key Segments Covered in the report: –

France Used Car Market

By Type of Market Structure

• Organized Channel
• Unorganized Channel
• OEM Certified Franchise Dealers
• Multi Brand Dealers
• DDSA
• C2C Transaction
• Local Dealership
• Auction Companies

By Type Of Car

• Sedan
• Hatchback
• SUV
• Van
• Crossover
• Others

By Age of Vehicle

• 0-2 years
• 2-4 years
• 4-6 years
• 6-8 years
• 8-10 years
• More than 10 years

By Kms Driven and Type of Fuel Engine

• Less than 5,000 km
• 5,000-20,000 km
• 20,000-50,000 km
• 50,000-80,000 km
• 80,000-120,000 km
• Above 120,000 km

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Key Target Audience

• Offline Dealers
• Online Portal
• Organized Multi Brands Dealers
• OEM Certified Dealerships
• Online Portal
• Private Equity and Venture Capitalist
• Industry Associations
• OEM Manufacturers
• Automotive Manufacturers
• Car Auction Companies
• Car manufacturing Companies
• Tourism Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

• Historical Period: 2017-2021
• Base Period: 2022
• Forecast Period: 2023-2027F

Companies Covered:

Online Companies Covered:

• Aramisauto
• Autoscout24
• La Centrale
• Paru Vendu
• Leboncoin
• BYmyCAR
• Auto-selection

 Offline Companies Covered:

• Emil Frey France
• Geudet
• BYmyCAR
• Bernard Automobiles
• Car Avenue
• Maurin
• Jean Rouyer Automobiles

Key Topics Covered in the Report

• Introduction to France Used Car Market
• France Used Car Market Size, 2017-2022
• France Used Car Market Segmentation
• Trends and Developments in France Used Car Market
• Issues and Challenges in France Used Car Market
• Used Car Market Supply Chain
• France Used Car Auction Market
• Online Comparative Landscape in France Used Car Market
• Offline Comparative Landscape in France Used Car Market
• Government Regulations in France Used Car Market
• Business Model in Online Used Car /Market
• Working Model in France Used Car Market
• Case Study- Dutch Renault Dealer Group- How To Sell Off The Old Stock In The Inventory?
• France Used Car Market Future Outlook and Projections, 2023-2027F
• Analyst Recommendation for France’s Used Car Market

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France Used Cars Market Outlook to 2027

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Growth in Automotive & Construction Sector Followed by Usage of Welding Consumables in Maintenance to Drive Global Saw Wire Market Over the Forecast Period: Ken Research

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Saw wire or submerged arc welding is a slicing wire to slice the wafer from Ingot by wire saw machine. It is conducted beneath a protective layer & blanket of flux. It is comprised of flexible, multiple, wires twisted to generate multiple cutting surfaces. It is also used for cutting a large variety of products, for instance, silicon, gallium arsenide, germanium, indium phosphate, and quartz. They further allow a superior degree of flexibility despite lack of space. It is equipped with mechanical components which can generate power saw which employs a single cable or wire. Its performing principle is just similar to conventional saws like band saws. The applications of a wire saw a range from a central part of a survival kit used for creating aesthetic &decorative artworks.

One of the major advantages of wire saws includes smaller kerf compared to a blade, followed by precision to cut. In addition, some of the major disadvantages include slower speed, any surface imperfections which cause errors in the cut and a greater chance the wire will break.

According to the study, “Global Saw Wire Market 2019 by Manufacturers, Regions, Type, and Application, Forecast to 2024” the companies currently operating in the global saw wire market are Asahi Diamond Industrial, Nakamura Choukou, Meyer Burger Technology, Diamond Pauber, Metron, SCHMID, DIAT New Material, Nanjing Sanchao, Noritake, Sino-Crystal Diamond, A.L.M.T. Corp., Zhejiang Ruiyi, Henan Yicheng, READ, Tony Tech, MDWEC, ILJIN Diamond. Most of the players in the global saw wire market offer wires that come with a smaller kerf, which is the incision made with a blade.

Based on type, the global saw wire market is segmented into oscillating (reciprocating) and continuous (endless, or loop). Based on product type, the market is segmented into resin wire and electroplated wire. Based on the wire, the market is segmented into twin-wire, multiple wires, tabular wire, and metal power addition, single wire with hot addition and single wire with cold addition. Based on applications, the market is segmented into sapphire slicing, silicon slicing, and others. Moreover, based on end-use, the market is segmented as steel mills, hospitals, commercial construction, hydroelectric plants, bridges, and others.

The global saw wire market is driven by growth in automotive & construction sector followed by other aspects which include the usage of welding consumables in maintenance or repair and an increase in global energy infrastructure development. However, the lack of availability of a skilled workforce in the manufacturing sector is adding to a major hindering factor to the market.

North-American region holds the major share to rapid industrialization & infrastructure development in the key economies, followed by an increase in demand from the building & construction sector. Additionally, China is anticipated to lead the market in the Asia Pacific region due to growing infrastructural development. In addition, it is further expected that demand for saw wire from the Indian market to grow at a faster pace followed by China. In 2019, the global saw wire market value is reached at the US $730 million and over the forecast period it is expected to reach the US $1,320 million, by 2024.

To Know More, Click On The Link Below:-

Global Saw Wire Market 2019

Related Report:-

Global Saw Wire Market Analysis 2013-2018 and Forecast 2019-2024

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Ken Research

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