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Global Light Commercial Vehicle Market (2020 to 2027) - by Vehicle Type, Tonnage Capacity, Fuel Type and Region
May 12, 2021 05:33 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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The Global Light Commercial Vehicle Market is expected to grow from 11.83 million units in 2020 to 16.03 million units by 2026 on account of easy availability of vehicle financing schemes, surge in the number of infrastructural projects and booming logistics and E-commerce sector. Sales of light commercial vehicles worldwide grew from 12.73 million units in 2016 to 13.53 million units in 2019. Due to COVID-19, sales of light commercial vehicle plummeted; however, the market is estimated to bounce back and reach 16.03 million units by 2026. Until 2019, light commercial vehicles accounted for 75% of the global commercial vehicle sales and increased demand for last mile connectivity is forecast the
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ResearchAndMarkets.com s offering.
The Global Light Commercial Vehicle Market is expected to grow from 11.83 million units in 2020 to 16.03 million units by 2026 on account of easy availability of vehicle financing schemes, surge in the number of infrastructural projects and booming logistics and E-commerce sector. Sales of light commercial vehicles worldwide grew from 12.73 million units in 2016 to 13.53 million units in 2019. Due to COVID-19, sales of light commercial vehicle plummeted; however, the market is estimated to bounce back and reach 16.03 million units by 2026. Until 2019, light commercial vehicles accounted for 75% of the global commercial vehicle sales and increased demand for last mile connectivity is forecast the drive the Global Light Commercial Vehicle Market through 2026.
Global light commercial vehicle market is expected to grow from 11.83 million units in 2020 to 16.03 million units by 2026
on account of easy availability of vehicle financing schemes, surge in the number of infrastructural projects and booming logistics and E-commerce sector. Sales of light commercial vehicles worldwide grew from 12.
April 29, 2021 08:24 ET | Source: ReportLinker ReportLinker Lyon, FRANCE
New York, April 29, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Global Light Commercial Vehicle Market, By Vehicle Type, By Tonnage Capacity, By Fuel Type, By Region, Competition, Forecast & Opportunities, 2026 - https://www.reportlinker.com/p06067196/?utm source=GNW
73 million units in 2016 to 13.53 million units in 2019. Due to COVID-19, sales of light commercial vehicle plummeted; however, the market is estimated to bounce back and reach 16.03 million units by 2026. Until 2019, light co