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Amphibious Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 143 pages | ID: A0A1DE48DECEEN
IMARC Group

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The global amphibious vehicle market size reached US$ 3.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.63% during 2023-2028.

Amphibious vehicles are convertible cars operating on land as well as in water, which are used to transport passengers and cargo. They are economical and easy to store, require less maintenance, and can operate on harsh terrain. They reduce the overall expenditure as they do not involve storage charges, mooring fees, trailer expenses, and pontoon maintenance. Bicycles, boats, excavators, cranes, and personnel carriers are some of the commonly available amphibious vehicles worldwide. Nowadays, there is a rise in the demand for land vehicles that can be transformed into amphibious vehicles using a waterproof hull and a propeller.

Amphibious Vehicle Market Trends:
Amphibious vehicles are integral in military missions as they merge maritime and terrain-based operations, which help move troops and equipment into combat zones quickly. In addition, they can be used for other purposes, such as disaster relief operations and humanitarian aid. This, in confluence with the rising geographical conflicts and increasing investments in the defense sector by governing agencies of several countries, represents one of the major factors bolstering the market growth. Moreover, increasing spending by individuals on water adventure tourism on account of rapid urbanization and inflating disposable incomes are driving the demand for amphibious vehicles. This can also be attributed to the growing participation of professionals in water sports activities across the globe. Apart from this, amphibious vehicles are finding applications in the construction industry to facilitate the execution of several engineering and mining projects in remote and rough environments, such as flooded areas and other dangerous or inaccessible terrains. Furthermore, they are extensively used for dredging purposes, such as maintaining riverbeds, swamps, lakes, ponds, and reservoirs, environmental clean-ups, land reclamation, excavation, water mud removal, and waterway construction.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global amphibious vehicle market report, along with forecasts at the global and regional and country level from 2023-2028. Our report has categorized the market based on mode of propulsion, application and end use.

Breakup by Mode of Propulsion:

Waterjet
Track-based
Screw Propellers
Others

Breakup by Application:

Surveillance and Rescue
Water Sports
Water Transportation
Excavation
Others

Breakup by End Use:

Defense
Commercial

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Key Questions Answered in This Report
1. What was the size of the global amphibious vehicle market in 2022?
2. What is the expected growth rate of the global amphibious vehicle market during 2023-2028?
3. What are the key factors driving the global amphibious vehicle market?
4. What has been the impact of COVID-19 on the global amphibious vehicle market?
5. What is the breakup of the global amphibious vehicle market based on the mode of propulsion?
6. What are the key regions in the global amphibious vehicle market?
7. Who are the key players/companies in the global amphibious vehicle market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL AMPHIBIOUS VEHICLE MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY MODE OF PROPULSION

6.1 Waterjet
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Track-based
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Screw Propellers
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Others
  6.4.1 Market Trends
  6.4.2 Market Forecast

7 MARKET BREAKUP BY APPLICATION

7.1 Surveillance and Rescue
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Water Sports
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Water Transportation
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Excavation
  7.4.1 Market Trends
  7.4.2 Market Forecast
7.5 Others
  7.5.1 Market Trends
  7.5.2 Market Forecast

8 MARKET BREAKUP BY END USE

8.1 Defense
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Commercial
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 BAE Systems plc
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
    14.3.1.3 Financials
    14.3.1.4 SWOT Analysis
  14.3.2 EIK Engineering Sdn Bhd
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
  14.3.3 General Dynamics Corporation
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4 Hydratrek Inc.
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
  14.3.5 Lockheed Martin Corporation
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 Financials
    14.3.5.4 SWOT Analysis
  14.3.6 Marsh Buggies Inc.
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
  14.3.7 Remu Oy
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
  14.3.8 Science Applications International Corporation
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
    14.3.8.4 SWOT Analysis
  14.3.9 Ultratrex Machinery Sdn. Bhd.
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
  14.3.10 Wetland Equipment Company
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
  14.3.11 Wilco Manufacturing L.L.C.
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
  14.3.12 Wilson Marsh Equipment Company
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Amphibious Vehicle Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Amphibious Vehicle Market Forecast: Breakup by Mode of Propulsion (in Million US$), 2023-2028
Table 3: Global: Amphibious Vehicle Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Amphibious Vehicle Market Forecast: Breakup by End Use (in Million US$), 2023-2028
Table 5: Global: Amphibious Vehicle Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Amphibious Vehicle Market: Competitive Structure
Table 7: Global: Amphibious Vehicle Market: Key Players

LIST OF FIGURES

Figure 1: Global: Amphibious Vehicle Market: Major Drivers and Challenges
Figure 2: Global: Amphibious Vehicle Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Amphibious Vehicle Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Amphibious Vehicle Market: Breakup by Mode of Propulsion (in %), 2022
Figure 5: Global: Amphibious Vehicle Market: Breakup by Application (in %), 2022
Figure 6: Global: Amphibious Vehicle Market: Breakup by End Use (in %), 2022
Figure 7: Global: Amphibious Vehicle Market: Breakup by Region (in %), 2022
Figure 8: Global: Amphibious Vehicle (Waterjet) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Amphibious Vehicle (Waterjet) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Amphibious Vehicle (Track-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Amphibious Vehicle (Track-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Amphibious Vehicle (Screw Propellers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Amphibious Vehicle (Screw Propellers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Amphibious Vehicle (Other Modes of Propulsion) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Amphibious Vehicle (Other Modes of Propulsion) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Amphibious Vehicle (Surveillance and Rescue) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Amphibious Vehicle (Surveillance and Rescue) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Amphibious Vehicle (Water Sports) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Amphibious Vehicle (Water Sports) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Amphibious Vehicle (Water Transportation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Amphibious Vehicle (Water Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Amphibious Vehicle (Excavation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Amphibious Vehicle (Excavation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Amphibious Vehicle (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Amphibious Vehicle (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Amphibious Vehicle (Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Amphibious Vehicle (Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Amphibious Vehicle (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Amphibious Vehicle (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: North America: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: North America: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: United States: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: United States: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Canada: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Canada: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Asia-Pacific: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Asia-Pacific: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: China: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: China: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Japan: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Japan: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: India: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: India: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: South Korea: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: South Korea: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Australia: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Australia: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Indonesia: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Indonesia: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Others: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Others: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Europe: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Europe: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Germany: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Germany: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: France: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: France: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: United Kingdom: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: United Kingdom: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Italy: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Italy: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Spain: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Spain: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Russia: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Russia: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Latin America: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Latin America: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Brazil: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Brazil: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Mexico: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Mexico: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Middle East and Africa: Amphibious Vehicle Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Middle East and Africa: Amphibious Vehicle Market: Breakup by Country (in %), 2022
Figure 78: Middle East and Africa: Amphibious Vehicle Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Global: Amphibious Vehicle Industry: SWOT Analysis
Figure 80: Global: Amphibious Vehicle Industry: Value Chain Analysis
Figure 81: Global: Amphibious Vehicle Industry: Porter's Five Forces Analysis


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