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Towing Vehicle Market Grow at a CAGR of 3.98% by KSI

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Date11/26/2020 9:23:18 AM
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The global towing vehicle market is extended to develop at a CAGR of 3.98% during the conjecture time frame, arriving at a complete market size of US$9,190.542 million every 2025 from US$7,270.833 million out of 2019. One of the central points that are driving the development of the global towing vehicle market is the rising number of street crashes around the world.

This is also encouraging governments and municipalities to expand their towing vehicle fleet to get the vehicles off the road, thus boosting the growth of this market. Another factor that is fuelling the growth of the global towing vehicle market is the rapidly growing e-commerce and logistics sector worldwide.

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