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Light Commercial Vehicle powertrain market 2031

The Light Commercial Vehicle powertrain market size is expected to reach US$ 380.63 billion by 2031 from US$ 208.7 billion in 2024. The market is estimated to record a CAGR of 8.96% from 2025 to 2031.

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Light Commercial Vehicle Powertrain Market Outlook (2021-2031) by Drive Type, Propulsion Type, Sales Channel

Light Commercial Vehicle Powertrain Market was valued at US$ 208.7 Billion in 2024 and is projected to reach US$ 380.63 Billion by 2031 with a CAGR of 8.96% from 2025 to 2031 segmented into Drive Type, Propulsion Type, Sales Channel.