The global commercial vehicles market size is expected to reach USD 1.85 trillion by 2030, according to a new report by Grand View Research, Inc. Furthermore, the industry is expected to expand at a CAGR of 3.7% from 2023 to 2030. Continued infrastructure development, the growth of the construction and mining industries, and the subsequent need for the development of road infrastructure are...

Overview of the Utility Trucks Market Utility trucks are versatile vehicles primarily used in industries like construction, municipal services, emergency response, and agriculture. These trucks are designed to handle a variety of tasks, from lifting heavy loads to transporting materials and facilitating infrastructure maintenance. As urbanization continues to accelerate and industrial...