According to a recent report published by Allied Market Research, titled, “Amphibious vehicle Market by Mode of Propulsion, Application, and End Use: Opportunity Analysis and Industry Forecast, 2020–2027,” The global amphibious vehicle market was valued at $2,704.30 million in 2019, and is projected to reach $5,029.10 million by 2027, registering a CAGR of 8.5% from 2020 to …
Tag Archives: Amphibious Vehicle Market Size
Amphibious Vehicle Market Business Report: Features of Investment Opportunities, Market Share & Future Trends To 2027
Prime determinants of growth Surge in investment in the defense sector to increase adoption and demand in commercial applications drive the growth of the global amphibious vehicle market. However, high initial investment and rise in operational costs along with seasonal serviceability hinder the market growth. On the other hand, usage of advanced amphibious vehicles (ACV) …
Global Amphibious Vehicle Market to Garner $585.10 Billion by 2027: AMR
The global amphibious vehicle market across LAMEA is anticipated to register the highest CAGR of 12.2% during the forecast period. However, the market across North America is estimated to hold the lion’s share during the forecast period. As per the report published by Allied Market Research, the global amphibious vehicle market is projected to hit …
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