Saudi Arabia Light Commercial Vehicle Market Projected to Reach USD 6.47 Billion by 2035
The Saudi Arabia Light Commercial Vehicle (LCV) market, valued at USD 3.97 billion in 2024, is expected to witness significant growth, reaching approximately USD 6.47 billion by 2035. The market is projected to expand at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2035. This growth is attributed to factors such as economic diversification, rapid urbanization, a boom in…