Commercial Vehicle Market Size, Share & Industry Analysis, By Vehicle Type (Light Commercial Vehicle, Heavy Vehicle, and Buses), By Fuel Type (I.C. Engine, EV), and Regional Forecast, 2024-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI104284

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ATTRIBUTE	DETAILS
Study Period	2019-2032
Base Year	2023
Estimated Year	2024
Forecast Period	2024-2032
Historical Period	2019-2022
Growth Rate	CAGR of 7.3% over 2024 to 2032
Unit	Value (USD Billion) & Volume (Thousand Units)
Segmentation	By Vehicle Type Light Commercial Vehicle Heavy Vehicle Buses
	By Fuel Type I.C. Engine Electric Vehicle (EV)
	By Geography North America (By Vehicle Type, By Fuel Type) U.S. (By Vehicle Type) Canada (By Vehicle Type) Mexico (By Vehicle Type) Europe (By Vehicle Type, By Fuel Type) U.K. (By Vehicle Type) Germany (By Vehicle Type) France (By Vehicle Type) Rest of Europe (By Vehicle Type) Asia Pacific (By Vehicle Type, By Fuel Type) China (By Vehicle Type) India (By Vehicle Type) Japan (By Vehicle Type) South Korea (By Vehicle Type) Rest of the APAC (By Vehicle Type) Rest of the World (By Vehicle Type, By Fuel Type)