Global Commercial Vehicles Market size was valued at USD 810.54 Bn in 2023 and is expected to reach USD 1117.90 Bn by 2030, at a CAGR of 4.7 %. Overview Commercial vehicles are used for the transportation of goods or people. These vehicles include freight vehicles, company vans, minivans, pick-up trucks, and sports utility vehicles, heavy-duty trucks, buses, and coaches. Commercial vehicles are used for various applications such as passenger transportation, logistics, industrial, mining, and many more.
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