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Search results for: 'pfm1'
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17 Sep 2024 | Global | Market Research
Light Commercial Vehicle Market, Volume Forecast and Growth Opportunities, Europe, 2024 - 2032
Strong Decarbonization Measures are Driving Transformational Growth in Electric Vehicles toward Penetration of 60% by 2032
Frost & Sullivan expects the overall light commercial vehicle (LCV) market to reach 2.4 million units by 2032. This market is on track to achieve a compound annual growth rate (CAGR) of 2.9% between 2023 and 2032. Electric vehicle (EV) penetration will increase to reach 60.0% during this period, up from 6.9% in 2023. The overall size of the LCV ...
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