Commercial Vehicle Market Positioned for Expansion Amid Rising Freight and Infrastructure Investments
The global commercial vehicle market is entering a period of sustained expansion, supported by rising freight movement, large-scale infrastructure development, and ongoing fleet modernization across major economies. Valued at USD 10.5 trillion in 2025, the market is projected to reach USD 18.8 trillion by 2035, registering a compound annual growth rate (CAGR) of...
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