Global Light Commercial Vehicle Market 2022-2026: Rising Penetration of Downsized Engines & Preference for Pickup Trucks Drives Growth - ResearchAndMarkets.com
The "Global Light Commercial Vehicle Market 2022-2026" report has been added to ResearchAndMarkets.com's offering
DUBLIN--(BUSINESS WIRE)--Dec 6, 2022--
The "Global Light Commercial Vehicle Market 2022-2026" report has been added to ResearchAndMarkets.com's offering.
The light commercial vehicle market is poised to grow by 1436.98 th units during 2022-2026, accelerating at a CAGR of 1.5% during the forecast period. The report on the light commercial vehicle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising penetration of downsized engines in LCVs to drive vehicle prices, rising preference for pickup trucks in emerging countries, and growth in the global construction industry and online retail sales to drive the market demand for LCVs.
