Global Electric Utility Vehicle Market Size, Growth, Forecast

The Global Electric Utility Vehicle Market Size is expected to reach USD 27.29 Billion by 2030, at a CAGR of 4.9% during the forecast period 2021 to 2030. Electric vehicles (EVs) have become progressively predominant as primary vehicles since they have low pollutants, cheaper energy options, and lower maintenance requirements. In recent years, the global market for low-emission utility vehicles has developed dramatically.