The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global amphibious vehicle market was valued at US$ 3.2 Billion in 2022.
We expect the global amphibious vehicle market to exhibit a CAGR of 8.63% during 2023-2028.
The rising number of geographical conflicts, along with the increasing demand for amphibious vehicle for conducting disaster relief operations and humanitarian aid, is primarily driving the global amphibious vehicle market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for amphibious vehicles.
Based on the mode of propulsion, the global amphibious vehicle market can be segmented into waterjet, track-based, screw propellers, and others. Currently, track-based holds the majority of the total market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global amphibious vehicle market include BAE Systems plc, EIK Engineering Sdn Bhd, General Dynamics Corporation, Hydratrek Inc., Lockheed Martin Corporation, Marsh Buggies Inc., Remu Oy, Science Applications International Corporation, Ultratrex Machinery Sdn. Bhd., Wetland Equipment Company, Wilco Manufacturing L.L.C., and Wilson Marsh Equipment Company.
Tilt Rotor Aircraft Market by Type (Unmanned Aerial Vehicle, Manned Aerial Vehicle), Material (Aluminum, Composites, and Others), Propulsion (Electric/Hybrid, Conventional Fuel), End User (Civil, Military), and Region 2023-2028
High-throughput Satellite Market by Type (Payload, Structure, Power System, Attitude Control System, Propulsion System), Application (Broadband, Mobility, Enterprise, Government, Cellular Backhaul, Broadcast), and Region 2023-2028
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at