Global Commercial Vehicles Market to Reach USD 1117.90 Billion by 2030, Growing at a CAGR of 4.7% Summary: The Global Commercial Vehicles Market, valued at USD 810.54 billion in 2023, is projected to grow to USD 1117.90 billion by 2030, marking a CAGR of 4.7%. This market growth is fueled by various factors, including the increasing demand for light commercial vehicles, advancements in fuel technologies, and the expansion of global infrastructure.
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