Amphibious Vehicle Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Amphibious Vehicle Market is segmented By Mode of Propulsion (Track-Based, Water-Jet, Screw Propeller), By Application (Surveillance & Rescue, Water S....

Amphibious Vehicle Market Size

Market Size in USD

CAGR8.4%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR8.4%
Market ConcentrationHigh
Major PlayersBAE Systems, Hitachi Construction Machinery Co. Ltd, General Dynamics Corporation, Lockheed Martin Corporation, Rheinmetall AG
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Amphibious Vehicle Market Analysis

The amphibious vehicle market is estimated to be valued at USD 5.41 Bn in 2024 and is expected to reach USD 9.53 Bn by 2031, growing at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031. The amphibious vehicle market trend shows increasing R&D investments by key players to develop enhanced capabilities.