Electric Utility Vehicle Market Size, Share, Industry Trends and Global Forecast 2027
The electric utility vehicle market is projected to grow from USD 18.9 billion in 2022 to USD 23.9 billion by 2027, registering a CAGR of 4.8%.
The growing electrification of utility vehicles, increased charging density, flourishing logistics & warehousing industry, and rising commercial transport are expected to increase the demand for electric utility vehicles. Electric all-terrain vehicles...
Electric Utility Vehicle Market Size, Share, Analysis, Growth 2027
The electric utility vehicle market is expected to witness significant growth, with its value projected to increase from USD 18.9 billion in 2022 to USD 23.9 billion by 2027, at a CAGR of 4.8%.
Factors such as the growing electrification of utility vehicles, the rise in charging infrastructure, the flourishing logistics and warehousing industry, and the increasing demand for commercial transport...
Electric Utility Vehicle Market Size, Share, Analysis, Growth 2027
The global electric utility vehicle market is projected to grow from USD 18.9 billion in 2022 to USD 23.9 billion by 2027, registering a CAGR of 4.8%. Electric all-terrain vehicles (ATVs), utility task vehicles (UTVs), utility carts, shuttle carts, and industrial utility vehicles were mapped as part of this research. Factors such as improved government push for electrification of agricultural utility...