Amphibious vehicles are used to provide combat support to defense during amphibious military operations and as excavators for reclamations and dredging of rivers or water bodies. The increasing utilization of these vehicles by military forces to secure the sea borders from increasing conflicts via sea coupled with the increasing water sports activities and water transportation are accelerating the amphibious vehicles market growth.
MARKET DYNAMICS
The growing demand for amphibious vehicles from militaries owing to rising conflicts, increasing commercial applications, accessibility in rough terrain, and the amphibious vehicle up-gradation program of the defense are driving the growth of the amphibious vehicles market. However, the high cost of amphibious vehicles and an increase in operational costs followed by seasonal demand and serviceability may hamper the growth of the amphibious vehicles market. Further, growing demand for amphibious excavators for dredging and excavation and a rise in the use of amphibious landing craft and development of inland waterways offer a lucrative opportunity for the market player of amphibious vehicles market.
MARKET SCOPE
The "Global Amphibious Vehicles Market Analysis to 2028"? is a specialized and in-depth study of the Amphibious vehicles industry with a special focus on the global market trend analysis. The report aims to provide an overview Amphibious vehicles market with detailed market segmentation as propulsion type, application, end-user, and geography. The global amphibious vehicles market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading amphibious vehicles market players and offers key trends and opportunities in the amphibious vehicles market.
MARKET SEGMENTATION
The global amphibious vehicles market is segmented on the basis of propulsion type, application, end-user. On the basis of propulsion type the market is segmented as screw propellers, water jet, track-based, others. On the basis of application the market is segmented as surveillance and rescue, water transportation, sports/recreation, excavation, others. On the basis of end-user the market is segmented as defense, commercial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global amphibious vehicles market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Amphibious vehicles market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting amphibious vehicles market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the amphibious vehicles market in these regions.
MARKET PLAYERS
The reports cover key developments in the amphibious vehicles market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Amphibious vehicles market are anticipated to lucrative growth opportunities in the future with the rising demand for amphibious vehicles in the global market. Below mentioned is the list of few companies engaged in the amphibious vehicles market.
The report also includes the profiles of key amphibious vehicles companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Aquamec Ltd.
- BAE Systems plc
- EIK Engineering Sdn Bhd
- General Dynamics Corporation
- Griffon Hoverwork Ltd
- Hitachi Construction Machinery Co., Ltd.
- Lockheed Martin Corporation
- Textron Systems
- Wetland Equipment Company
- Wilco Manufacturing, L.L.C.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.