Global Amphibious Vehicle Market, By Mode of Propulsion (Water-jet, Track-based, and Screw propellers), By Application (Surveillance & Rescue, Water Sports, Water Transportation, and Excavation), By End User (Defense and Commercial), By Geography (North A

Global Amphibious Vehicle Market, By Mode of Propulsion (Water-jet, Track-based, and Screw propellers), By Application (Surveillance & Rescue, Water Sports, Water Transportation, and Excavation), By End User (Defense and Commercial), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)


Amphibious vehicles, also known as amtracs (amphibious tractor), are automobiles that are designed to function both on land and in water. Due to their unique capability to navigate through both land and water, these vehicles primarily find applications in military, rescue, and recreational purposes. Amphibious vehicles enable troops to land directly on the coast and advance inland for operations. They can evacuate personnel or supplies over water barriers as well during emergencies. However, amphibious vehicles are mechanically complex and expensive to produce. Their engines and transmission require sealing and shielding from water ingress for continuous operation in the aquatic environment. Overall, the amphibious vehicle market remains a specialized niche dominated by military applications.

Market Dynamics:

The global amphibious vehicle market is driven by rising defense budgets of major economies and ongoing military modernization programs. Government emphasis on coastal security and disaster response activities are also propelling the demand. However, high development cost of amphibious drivetrains poses a challenge. Ongoing R&D towards lightweight amphibious platforms with improved payload capacity and speed presents an opportunity. For example, hybrid-electric powertrains can enhance the range and sustainability of these vehicles. Growing popularity of amphibious cars among high-net-worth individuals for recreational use is another emerging trend.

Key features of the study:

- This report provides an in-depth analysis of the global amphibious vehicle market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year

- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market

- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

- It profiles key players in the global amphibious vehicle market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

- Key companies covered as a part of this study include Hitachi Construction Machinery Co. Ltd, BAE System, Science Applications International Corporation (SAIC), Wetland Equipment Company, General Dynamics Corporation, Lockheed Martin Corporation, Wilco Manufacturing, L.L.C, EIK Engineering Sdn Bhd, Marsh Buggies Incorporated, Rheinmetall AG, EIK Engineering Sdn. Bhd., and Griffon Hoverwork Ltd. (GHL)

- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

- The global amphibious vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global amphibious vehicle market

Market Segmentation
  • By Mode of Propulsion
  • Water-jet
  • Track-based
  • Screw propellers
  • By Application
  • Surveillance & Rescue
  • Water Sports
  • Water Transportation
  • Excavation
  • By End User
  • Defense
  • Commercial
  • By Regional
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Key Players
  • Hitachi Construction Machinery Co. Ltd
  • BAE System
  • Science Applications International Corporation (SAIC)
  • Wetland Equipment Company
  • General Dynamics Corporation
  • Lockheed Martin Corporation
  • Wilco Manufacturing, L.L.C
  • EIK Engineering Sdn Bhd
  • Marsh Buggies Incorporated
  • Rheinmetall AG
  • EIK Engineering Sdn. Bhd.
  • Griffon Hoverwork Ltd. (GHL)


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Mode of Propulsion
Market Snippet, By Application
Market Snippet, By End User
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of the COVID-19 Pandemic
4. Global Amphibious Vehicle Market, By Mode of Propulsion, 2019-2031 (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
Segment Trends
Water-jet
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Track-based
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Screw propellers
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
5. Global Amphibious Vehicle Market, By Application, 2019-2031 (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
Segment Trends
Surveillance & Rescue
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Water Sports
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Water Transportation
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Excavation
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
6. Global Amphibious Vehicle Market, By End User, 2019-2031 (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Segment Trends
Defense
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Commercial
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
7. Global Amphibious Vehicle Market, By Region, 2019-2031 (US$ Billion)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
North America
Regional Trends
Market Size and Forecast, By Mode of Propulsion, 2019-2031 (US$ Billion)
Market Size and Forecast, By Application, 2019-2031 (US$ Billion)
Market Size and Forecast, By End User, 2019-2031 (US$ Billion)
Market Share Analysis, By Country, 2019 and 2031 (%)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Mode of Propulsion, 2019-2031 (US$ Billion)
Market Size and Forecast, By Application, 2019-2031 (US$ Billion)
Market Size and Forecast, By End User, 2019-2031 (US$ Billion)
Market Share Analysis, By Country, 2019 and 2031 (%)
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Mode of Propulsion, 2019-2031 (US$ Billion)
Market Size and Forecast, By Application, 2019-2031 (US$ Billion)
Market Size and Forecast, By End User, 2019-2031 (US$ Billion)
Market Share Analysis, By Country, 2019 and 2031 (%)
China
India
ASEAN
Australia
South Korea
Japan
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Mode of Propulsion, 2019-2031 (US$ Billion)
Market Size and Forecast, By Application, 2019-2031 (US$ Billion)
Market Size and Forecast, By End User, 2019-2031 (US$ Billion)
Market Share Analysis, By Country, 2019 and 2031 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Mode of Propulsion, 2019-2031 (US$ Billion)
Market Size and Forecast, By Application, 2019-2031 (US$ Billion)
Market Size and Forecast, By End User, 2019-2031 (US$ Billion)
Market Share Analysis, By Country, 2019 and 2031 (%)
GCC Countries
South Africa
Rest of the Middle East & Africa
8. Competitive Landscape
Company Profiles
Hitachi Construction Machinery Co. Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
BAE System
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Science Applications International Corporation (SAIC)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Wetland Equipment Company
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
General Dynamics Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Lockheed Martin Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Wilco Manufacturing, L.L.C
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
EIK Engineering Sdn Bhd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Marsh Buggies Incorporated
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Rheinmetall AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
EIK Engineering Sdn. Bhd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Griffon Hoverwork Ltd. (GHL)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Research Methodology
References
Research Methodology
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