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Global Compact Utility Vehicles Market Analysis 2024-2034
The global compact utility vehicles market is projected to grow steadily, reaching $35.5 billion in 2024 and expanding further to $59.9 billion by 2034, with a robust CAGR of 6.5% over the forecast period. This growth is fueled by rising construction activities, increasing urbanization, and the adoption of technologically advanced vehicles for diverse applications such as landscaping, civic utilities, and small-scale construction projects.
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5479
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Automotive
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