Electric Utility Vehicle Market Analysis by Key Players, Sales Forecast and Supply Demand to 2030
The global electric utility vehicle (EUV) market size was estimated at USD 20.35 billion in 2024, and it is projected to reach USD 29.07 billion by 2030, registering a compound annual growth rate (CAGR) of 6.7% from 2025 to 2030. The market's growth trajectory is being primarily propelled by the increasing adoption of electric utility task vehicles (UTVs) in the agricultural sector, where they...
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