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Stock impact report

Israel Light Commercial Vehicle Modifiers Market to Hit Valuation of US$ 370.15 Million By 2032 | Astute Analytica [Yahoo! Finance]

RENAULT SA UNSP/ADR (RNLSY) 
NASDAQ:AMEX Investor Relations: group.renault.com/en/finance-2
Company Research Source: Yahoo! Finance
Demand for customized, electric, and tech-enhanced LCVs creates lucrative opportunities for innovative solutions, addressing industry-specific needs and regulatory compliance challenges effectively. New Delhi, Dec. 30, 2024 (GLOBE NEWSWIRE) -- According to the latest study from Astute Analytica, the Israel light commercial vehicle modifiers market is projected to hit the market valuation of US$ 370.15 million by 2032 from US$ 250.63 million in 2023 at a CAGR of 4.67% during the forecast period 2024–2032. In Israel, the light commercial vehicle modifiers market has seen immense growth due to the increasing need for customized vehicles across various industries. Major modifiers commonly used include refrigerated units for the transportation of perishable goods, utility modifications for service vehicles, and installations for enhanced cargo security. Israel's logistics sector processed over 120 million parcels in 2023, with many requiring specialized vehicle transport solutions. Com Show less Read more
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