Bharat Book Bureau Provides the Trending Market Research Report on "Asia Pacific Passenger Car Commercial Vehicle Market Report (2014-2024) - Market Size, Share, Price, Trend and Forecast” under Chemical & Materials Category. The report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.

Abstract:
The Asia Pacific Passenger Car Commercial ... Read more

Market Overview:
The global commercial vehicles market is estimated to be valued at US$ 1071.68 billion in 2022 and is projected to exhibit a CAGR of 18% over the forecast period of 2023-2030, according to a report published by Coherent Market Insights. Commercial vehicles are used for transportation of goods and materials, as well as for passenger transportation. These vehicles offer advantages such as larger loading capacity, efficient transportation ... Read more

Commercial vehicles include transportation vehicles primarily used for transportation of goods or cargo and include heavy-duty trucks, vans, trailers, buses and other similar vehicles. They are commonly used for logistics, courier and transportation services supporting manufacturing, retail and e-commerce industries. With the consistent growth of e-commerce industry globally, demand for commercial vehicles has increased substantially for last mile deliveries and shipments of goods.
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