The Business Research Company’s Commercial Vehicle Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Commercial Vehicle Global Market Report 2023 evaluates commercial vehicle market size, growth rate, drivers, trends, and major companies
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global commercial vehicle market size grew from $819.24 billion in 2022 to $908.43 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The commercial vehicle market is expected to grow to $1345.23 billion in 2027 at a CAGR of 10.3%.
The commercial vehicle market segments in the report are:
1) By Type: Light Commercial Vehicle, Heavy Trucks, Buses And Coaches
2) By Fuel Type: Gasoline, Diesel, Other Fuel Types
3) By Application: Mining & Construction, Logistics, Passenger Transportation, Other Applications
4) By Propulsion Type: IC Engine, Electric Vehicle
Get More Information On The Commercial Vehicle Market Report:
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Top 5 Major Key Players Are:
Volkswagen AG
Daimler AG
Toyota Motor Corp
Peugeot
General Motors Coaches
Table Of Contents
1. Executive Summary
2. Report Structure
3. Commercial Vehicle Market Characteristics
4. Commercial Vehicle Market Product Analysis
5. Commercial Vehicle Market Supply Chain
…….
21. Key Mergers And Acquisitions In The Commercial Vehicle Market
22. Market Background: Motor Vehicles Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
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