Amphibious Vehicles Market Size, Share, Trends, Growth, Regional Outlook and Forecast 2025

Credence Research has recently published a market research study that includes elaborative analysis which was result of an extensive research methodology for Amphibious Vehicles market with estimations from 2018 to 2026. The highlights of this report are drivers, restraints and opportunities of Amphibious Vehicles market, offered across the recent and estimated timeline till 2026.

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Major report takeaways are competitive landscape assessment, attractive investment proposition, and brief profiles of companies operating in Amphibious Vehicles market which will give 3600 view for the market dynamics. Companies are profiled on the basis of vital data points such as business overview, financial synopsis, product/service portfolio, and news coverage accompanied with recent updates specific to Amphibious Vehicles market. The cross-sectional geographical analysis covers regions such as North America (U.S & Canada), Europe (U.K., Germany & Rest of Europe), Asia Pacific (China, Japan, & Rest of Asia Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and Middle East & Africa (GCC & Rest of Middle East & Africa).

Leading Players:

Key research study highlights comprise:

1. Exhaustive research and analysis of the global Amphibious Vehicles industry
2. The key market segments along have been explained in the report thoroughly along with their existing and estimated market size
3. Major elements of market dynamics such as drivers, challenges and opportunities and their effect on Amphibious Vehicles market is also covered in the report
4. Key players operating in the market are profiled and accompanied with the competitive landscape evaluated on the basis of product offering & business strength
5. Cross sectional analysis of each region covering individual segments for the forecast period 2016 - 2018 in terms of value (US$Mn)

Research methodology applied for this study:

Methodology of this research study includes primary and secondary research for defining the market size, shares and forecast for global Amphibious Vehicles market specific to key segments, and regional segmentation.

1. Secondary Research

Secondary research was initiated with data collected through sources such as press releases, company annual reports, and relevant documents focusing on the current developments in the global Amphibious Vehicles market. Authentic sources such as university research papers, scientific journals, and government websites were similarly screened for identifying business opportunities in several geographical markets and penetration of various products/services in these geographies. Paid databases were excavated to assemble information beneficial for broad commercial study of the key players operating in Amphibious Vehicles market. In case lack of data availability on the public domain, we used estimation models to arrive at comprehensive data sets. Secondary research helped to create a firm base to build market size, analyze trends, and understand the dynamics of Amphibious Vehicles market study.

1. Primary Research

The exhaustive secondary research practiced was supported & validated by extensive primary research. Primary research was carried out with the help of e-mail interactions, telephonic interviews, as well as face-to-face interviews with the leading industry stakeholders.

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The participants tracked for primary interviews include:

• Marketing/product managers
• Vice President/ CEOs
• National sales managers
• Market intelligence managers
• Distributors
• Purchasing managers
• Other stakeholders

The global amphibious vehicles market is segmented, based on application, into following categories:

• Surveillance and rescue
• Transportation
• Sports and Recreation
• Others
   

In 2016, surveillance and rescue application led the overall amphibious vehicles market. Military and defense organizations have been widely using amphibious vehicles for surveillance and rescue operations. The capacities of these vehicles enable arm forces and civil defense agencies to carry out critical rescue operations in frontline missions regardless of the landscape. With continued adoption of amphibious vehicles for a variety of military applications, the amphibious vehicles market is expected to demonstrate significant growth in the following years.

The sports and recreation segment trailed the surveillance and rescue application in terms of revenue in the overall amphibious vehicles market. Increasing demand for amphibious vehicles among adventure and water sports enthusiasts has encouraged manufacturers to introduce affordable, powerful and user friendly variants of amphibious vehicles. Factors such as rise in disposable income and availability of a wide variety of vehicles are expected to drive the adoption of amphibious vehicles for sports and recreational applications.

The global amphibious vehicles market is segmented, based on type, into following categories:

• Wheeled Vehicles
• Tracked Vehicles
• Hovercrafts

Wheeled amphibious vehicles led the overall amphibious vehicles market in terms of revenue in 2016. Higher popularity and adoption of amphibious cars and amphibious quad vehicles have resulted in the dominance of this segment in the overall market. A variety of amphibious vehicle manufacturers have been focusing on introducing advanced cars which are equally capable of water transport. In addition, many amphibious military trucks are used for defense transportation through uneven terrains. Owing to the aforementioned factors, the wheeled amphibious vehicles segment is set to dominate the market throughout the forecast period.

Tracked vehicles trailed the wheeled amphibious vehicles in terms of revenue in the overall amphibious vehicles market. Tracked vehicles are extensively used for the military applications such as transportation of military personnel and cargo. In addition, the tracked amphibious excavators are used for excavation and research applications. However, due to limited applications, the tracked amphibious vehicles are expected to lose their market share to its wheeled variant in the following years.

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