More than 600 million people have been sickened and more than 6 million have died of the coronavirus since January 2020, according to NBC News and Johns Hopkins University.
The Africa Used Trucks Market is set to register around 5.6% CAGR during the forecast period (2022-27).
The European Medium & Heavy Truck market has been cruising steadily amid strong transport & construction activity with high freight volumes as well as rates and robust fleet utilization levels across operators while the demand for trucks and order backlogs have been surging across industry OEMs.
he Europe Electric Truck Market was valued at USD 286. 87 million in 2021 and is expected to reach USD 4,358. 25 million in 2027 by registering a CAGR of 57. 13% during the forecast period (2022 – 2027).
It may seem like businesses have bounced back from pandemic-related slumps, but the ripple effects that COVID-19 had on supply chains are still being felt. Many inefficiencies were exposed, including the highly siloed way most businesses operate within the interconnected supply chain.
The global dump trucks market is expected to grow from $44.28 billion in 2021 to $48.71 billion in 2022 at a compound annual growth rate (CAGR) of 9.99%. The dump trucks market is expected to reach $66.63 billion in 2026 at a CAGR of 8.15%.
The U.S. Market is Estimated at $514.7 Billion in 2021, While China is Forecast to Reach $586.8 Billion by 2026
