GlobeNewswire Inc. · Dec 24, 2024
Israel Light Commercial Vehicle Market Set to Surpass US$ 1,319.69 Million By 2032 | Vans to Control Over 36% Market Share Says Astute Analytica
The Israel light commercial vehicle market is projected to grow to US$ 1,319.69 million by 2032, driven by rising demand, technological advancements, and government support. Vans are expected to control over 36% of the market share. However, the adoption of electric LCVs remains low due to infrastructure challenges and policy uncertainties.
