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Off-highway vehicle - List of Manufacturers, Suppliers, Companies and Products

Off-highway vehicle Product List

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[English Market Research Report] World Market for ROVs

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The global ROV (Recreational Off-Highway Vehicle) market is projected to grow from 8.17 billion USD in 2022 to 9.28 billion USD in 2023, with a CAGR of 13.16%. The war between Russia and Ukraine has disrupted the opportunity for global economic recovery from the COVID-19 pandemic. This war between the two countries has led to economic sanctions on multiple nations, soaring commodity prices, and supply chain disruptions, causing inflation across goods and services and resulting in rising interest rates that affect many markets worldwide. The ROV market is expected to reach 15.29 billion USD by 2027, with a CAGR of 13.39%.

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