May 19TH,2022/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Amphibious Vehicle Market over the trend period from 2017 to 2021 and forecast period from 2022 to 2027. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Amphibious Vehicle Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Amphibious Vehicle Market is no different. Derived from the previous market scenario, the Amphibious vehicle market is likely to witness an impressive CAGR of 10.2% during the forecast period.
The Amphibious Vehicle Marketis segmented by–
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In terms of regions, various countries, such as India, China, and Japan, among others are enormously investing to solidify their defense capabilities. The Asia-Pacific market is estimated to depict the highest growth during the forecast period, driven by an increase in the regional conflicts. The North American and the European regions are also expected to offer substantial growth opportunities in the coming five years.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
The Asia-pacific is expected to depict the highest growth in the amphibious vehicle market during the next five years.
The commercial segment is estimated to witness a higher growth in the amphibious vehicle market during the forecast period.