Light Commercial Vehicle Market
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  • Parts 1
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  • Reads 2
  • Votes 0
  • Parts 1
  • Time <5 mins
Ongoing, First published Apr 03, 2024
The global Light Commercial Vehicle (LCV) Market was valued at US$ 530.57 Billion 𝐢𝐧 2023 and is projected to reach US$ 780 Billion 𝐢𝐧 2030, at a 𝐂𝐀𝐆𝐑 𝐨𝐟 5.30 % during the forecast period.
•	Electric powertrains gaining traction for sustainability.
•	Telematics and connectivity for remote monitoring and optimization.
•	Integration of autonomous driving and advanced driver assistance systems (ADAS).
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