From GlobeNewswire: 2024-07-25 17:00:00

The Global Commercial Vehicle Cabins Market is projected to grow from USD 100.06 Billion in 2023 to USD 168.47 Billion by 2033, with a CAGR of 5.35%. The market focuses on designing, manufacturing, and distributing enclosed compartments for commercial vehicle seating. Safety features, lightweight materials, and luxury cabins are driving market growth.

The long-head cab segment is expected to dominate the global commercial vehicle cabins market, especially in long-distance transport vehicles and heavy-duty trucks. Light commercial vehicles (LCVs) are predicted to hold the largest share in the market. North America leads in cabin purchases, while Asia Pacific is growing rapidly due to urbanization and transportation needs.

Major players in the market include Daimler AG, Volvo Group, Scania AB, and Tata Motors. Daimler India Commercial Vehicles plans to launch MY24 BharatBenz heavy-duty trucks with advanced safety technologies. The market is segmented by type, application (LCVs, HCVs), and region (North America, Europe, Asia Pacific). Spherical Insights & Consulting provides actionable market research and consulting services.



Read more at GlobeNewswire: Global Commercial Vehicle Cabins Market Size To Worth USD