Industrial Electrification Revolution: Market to Surpass USD 55 Bn by 2035
The global Electric Industrial Vehicles Market is on a strong growth trajectory, projected to rise from a market valuation of US$ 23.3 Bn in 2024 to an impressive US$ 55.5 Bn by 2035, expanding at a compound annual growth rate (CAGR) of 8.2% during the forecast period from 2025 to 2035. This surge is being propelled by environmental regulations, operational cost savings, and a shift toward...
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