Amphibious Vehicle Market Report: Trends, Forecast and Competitive Analysis to 2030

Amphibious Vehicle Trends and Forecast

The future of the global amphibious vehicle market looks promising with opportunities in the defense and commercial markets. The global amphibious vehicle market is expected to reach an estimated $5.8 billion by 2030 with a CAGR of 8.4% from 2024 to 2030. The major drivers for this market are rising usage of these vehicles in commercial applications, growing popularity of amphibious tourism and recreational activities, and expanding preference for eco-friendly vehicles.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Amphibious Vehicle by Segment

The study includes a forecast for the global amphibious vehicle by mode of propulsion, application, end use, and region.

Amphibious Vehicle Market by Mode of Propulsion [Shipment Analysis by Value from 2018 to 2030]:

• Water-Jet
• Track-Based
• Screw Propellers

Amphibious Vehicle Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Surveillance & Rescue
• Water Sports
• Water Transportation
• Excavation

Amphibious Vehicle Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Defense
• Commercial

Amphibious Vehicle Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Amphibious Vehicle Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies amphibious vehicle companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the amphibious vehicle companies profiled in this report include-

• Wetland Equipment
• Wilco Manufacturing
• EIK Engineering
• BAE System
• General Dynamics Corporation
• Rheinmetall
• Science Applications International Corporation (SAIC)
• Lockheed Martin Corporation
• Hitachi Construction Machinery
• Marsh Buggies Incorporated

Amphibious Vehicle Market Insights

Lucintel forecasts that water sport is expected to witness the highest growth over the forecast period.

Within this market, defense is expected to witness higher growth over the forecast period.

APAC is expected to witness the highest growth over the forecast period.

Features of the Global Amphibious Vehicle Market

Market Size Estimates: Amphibious vehicle market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Amphibious vehicle market size by mode of propulsion, application, end use, and region in terms of value ($B).

Regional Analysis: Amphibious vehicle market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different mode of propulsions, applications, end uses, and regions for the amphibious vehicle market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the amphibious vehicle market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the amphibious vehicle market size?

Answer: The global amphibious vehicle market is expected to reach an estimated $5.8 billion by 2030.

Q2. What is the growth forecast for amphibious vehicle market?

Answer: The global amphibious vehicle market is expected to grow with a CAGR of 8.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the amphibious vehicle market?

Answer: The major drivers for this market are rising usage of these vehicles in commercial applications, growing popularity of amphibious tourism and recreational activities, and expanding preference for eco-friendly vehicles.

Q4. What are the major segments for amphibious vehicle market?

Answer: The future of the amphibious vehicle market looks promising with opportunities in the defense and commercial markets.

Q5. Who are the key amphibious vehicle market companies?

Answer: Some of the key amphibious vehicle companies are as follows:

• Wetland Equipment
• Wilco Manufacturing
• EIK Engineering
• BAE System
• General Dynamics Corporation
• Rheinmetall
• Science Applications International Corporation (SAIC)
• Lockheed Martin Corporation
• Hitachi Construction Machinery
• Marsh Buggies Incorporated

Q6. Which amphibious vehicle market segment will be the largest in future?

Answer: Lucintel forecasts that water sport is expected to witness the highest growth over the forecast period.

Q7. In amphibious vehicle market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness the highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the amphibious vehicle market by mode of propulsion (water-jet, track-based, and screw propellers), application (surveillance & rescue, water sports, water transportation, and excavation), end use (defense and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?