The global heavy-duty vehicle rental market size is predicted to grow from USD 103.61 billion in 2023 to approximately USD 203.77 billion by 2033, according to a study published by Towards Automotive a sister firm of Precedence Statistics.
The heavy-duty vehicle rental market stands as a critical sector within the broader transportation and logistics industry, offering businesses and individuals flexible access to essential commercial vehicles without the burden of ownership.
Rapid advancements in technology, including telematics, GPS tracking, and fleet management software, are revolutionizing the heavy-duty vehicle rental industry.
