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Amphibious Vehicle Market Size, Share, Trends, Demand, Analysis And Global Report 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Amphibious Vehicle Market Size, Growth Rate, And Forecast:
The global amphibious vehicle market size is expected to grow from $3.54 billion in 2022 to $3.90 billion in 2023 at a compound annual growth rate (CAGR) of 10.16%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The amphibious vehicle market is expected to reach $5.46 billion in 2027 at a CAGR of 8.76%.
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Amphibious Vehicle Market Drivers:
The rise in concern for border security and terrorism is driving the amphibious vehicle market. The border security system offers administration of border-patrol missions, real-time surveillance, early warning, and targeting, further enhancing land and maritime security, regional control, and border protection. Amphibious vehicles are utilized for military purposes because they make it simple to transfer supplies and troops through hazardous or inaccessible terrain, including flooded areas, and various engineering and mining applications.
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Amphibious Vehicle Market Segments
•By Propulsion: Waterjet, Track-Based, Screw Propellers, Other Propulsions
•By Application: Surveillance And Rescue, Water Sports, Water Transportation, Excavation, Other Applications
•By End Use: Defense, Commercial
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Amphibious Vehicle market.
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Amphibious Vehicle Market Key Players:
Major competitors in the amphibious vehicle market include Bae Systems, General Dynamics Corporation, Lockheed Martin Corporation, Rheinmetall AG, Science Applications International Corporation, Inc., Textron Systems, Renault Trucks Defense, JSC Kurganmashzavod, Hitachi, Ltd., Wilco Manufacturing Limited, Wetland Equipment Company, EIK Engineering, Marsh Buggies Inc., Ultratrex Machinery Sdn Bhd and Lemac.
The Business Research Company's "Global Amphibious Vehicle Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Amphibious Vehicle Market Include:
1. Executive Summary
2. Amphibious Vehicle Market Characteristics
3. Amphibious Vehicle Market Trends And Strategies
4. Amphibious Vehicle Market - Macro Economic Scenario
5. Amphibious Vehicle Market Size And Growth
....
26. Africa Amphibious Vehicle Market
27. Amphibious Vehicle Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Amphibious Vehicle Market
29. Amphibious Vehicle Market Future Outlook and Potential Analysis
30. Appendix
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