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Commercial Vehicle Market Size, 2020 Industry Share and Global Demand | 2027 Forecast by Fortune Business Insights™

  Commercial Vehicle Market size is projected to reach USD 621.1 billion by the end of 2027. The increasing IT sector and rapid industrialization across the globe will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “ Commercial Vehicle Market Size , Share & COVID-19 Impact Analysis, By Vehicle Type (Light Commercial Vehicle, Heavy Commercial Vehicle, and Buses & Coaches), By Power Source (Gasoline, Diesel, HEV / PHEV, Battery Electric Vehicle (BEV), Fuel Cell Vehicle) and Regional Forecast, 2020-2027” the market was worth USD 748.6 billion in 2019 and will exhibit a CAGR of 2.3% during the forecast period 2020-2027. A commercial vehicle is used for transportation of goods or to carry passengers. Accounting to the rising daily commute rate and increasing long-distance transportation and trade activities, there is a massive demand for commercial type of vehicles across the world. The presence of several large scale compani
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Automotive Radar Market Size, 2020 Industry Share and Global Demand | 2027 Forecast by Fortune Business Insights™

  Automotive Radar Market is expected to gain momentum by reaching USD 3131.5 million by 2027. This is attributable to the increasing adoption of advanced technology to develop innovative radar for automotive and the imposition of stringent vehicle safety regulations by the government across the globe. Fortune Business Insights, in its latest report, titled,  “ Automotive Radar Market Size , Share & COVID-19 Impact Analysis, By Range (Short-Range, Medium-Range, Long-Range), By Application (Adaptive Cruise Control, Autonomous Emergency Braking, Forward Collision Warning System, Blind Spot Detection, Intelligent Parking Assistance), and Regional Forecast, 2020-2027.” ,   observes that the market stood at USD 2313.1 million in 2019 and is projected to exhibit a CAGR of 6.5% between 2020 and 2027.   COVID-19 Results in Remarkable Reduction in R&D Funding The total halt of operations has led to massive economic losses for the automotive industry that is reeling under stagnant
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Ammunition Market Growth by Size 2020 - Opportunities by Regions, Emerging Demand Status, Development Share, Progress Status, Key Technologies Forecast to 2027

  The global  ammunition market size  is set to gain momentum from the increasing usage of 9mm cartridge as compared to the other calibers. It is mainly occurring because of the ongoing technological advancement, as well as its ability to perform in a versatile way. This information is provided by  Fortune Business Insights™  in a recent report, titled,  “ Ammunition Market Size, Share & COVID-19 Impact Analysis; by Application (Military & Homeland Security, and Civil & Commercial) By Caliber (Small, Medium, and Large) By Product (Bullets, Aerial Bombs, Grenades, Mortars, Artillery Shells, and Others), By Component (Fuses& Primers, Gun Powder, Projectile, Cases, and Others) By Guidance (Guided, and Non-Guided) By Lethality (Lethal, and Less-Lethal) and Regional Forecast, 2020-2027 .”  The report further mentions that the global market size was  USD 25.46 billion  in 2019 is projected to reach  USD 29.96 billion  by 2027, exhibiting a CAGR of 1.71% during the forecast pe
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