The Commercial Vehicle Global Market Report 2020-30 by The Business Research Company describes and explains the global commercial vehicle market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Commercial Vehicle Global Market Report 2021 covers Commercial Vehicle market drivers, Commercial Vehicle market trends, Commercial Vehicle market segments, Commercial Vehicle market growth rate, Commercial Vehicle market major players, and Commercial Vehicle market size.
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The Commercial Vehicle market report provides an in-depth analysis of the impact of COVID-19 on the global Commercial Vehicle industry, along with revised market numbers due to the effects of the coronavirus and the expected Commercial Vehicle market growth numbers 2021-2030.
Commercial Vehicle Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global Commercial Vehicle market was worth $10.09 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 5.32% and reach $12.41 billion by 2023.
The report covers the commercial vehicle market’s segments-
1) By Type: Light Commercial Vehicle, Heavy Trucks, Buses And Coaches.
2) By Fuel Type: Gasoline, Diesel, Others.
3) By Application: Mining & Construction, Logistics, Passenger Transportation, Others.
4) By Propulsion Type: IC Engine, Electric Vehicle.
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