Global Commercial Vehicles Market Outlook (2025–2032) The Global Commercial Vehicles Market was valued at USD 848.63 billion in 2024 and is projected to grow steadily, reaching approximately USD 1,225.45 billion by 2032, expanding at a CAGR of 4.7% during the forecast period. Market growth is primarily driven by expanding logistics operations,...

Commercial Vehicles Market: Global Trends, Growth Drivers, and Future Outlook (2025–2032) The Global Commercial Vehicles Market, valued at USD 848.63 billion in 2024, is poised to reach nearly USD 1225.45 billion by 2032, progressing at a CAGR of 4.7% during the forecast period. The rising need for reliable transportation for goods and passengers, growing logistics operations,...