The Amphibious Vehicles Market size is projected to reach a CAGR of 8.9% from 2022 to 2028.
An amphibious vehicle is a means of transport, viable on land as well as on water even under water. It is also called as amphibian. This type of vehicle offers versatile usage. It can be used for defense owing to its various applications in the field of military and surveillance operations. This type of vehicle is used for a variety of commercial applications including water sports & recreation and water transportation due to rise in popularity and technological advancements.
Rise in investment in defense sector to aid amphibious vehicle adoption and surge in the demand for commercial applications are some of the factors that have supported long-term expansion for Amphibious Vehicles Market.
Asia-Pacific is likely to witness the highest growth in the market during the forecast, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic and increasing defense budget of key economies.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 8.9% during the forecasting period, 2022-2028 |
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Historical Data |
2019-2020 |
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Forecast Years |
2022-2028 |
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Base Year |
2021 |
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Units Considered |
Revenue in USD billion and CAGR from 2022 to 2028 |
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Report Segmentation |
application, end use, mode of propulsion and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
BAE Systems, EIK Engineering Sdn. Bhd., General Dynamics Corporation, Hitachi Construction Machinery, Lockheed Martin Corporation, Marsh Buggies Incorporated, Rheinmetall AG, Science Applications International Corporation (SAIC), Wetland Equipment Company, Inc., and Wilco Manufacturing LLC. |
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Available Customization |
In addition to the market data for Amphibious Vehicles Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Amphibious Vehicles Market is segmented into application, end use, mode of propulsion and region.
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