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Amphibious Vehicles Market to Expand to Reach US$ 4.39 Bn by 2025

The purpose of the report is to illustrate the state of the market of Specialty Fats and Oils, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

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Market Insights

A noteworthy ascent in the interest for amphibious vehicles has been seen from a past few years. In the 20th century, amphibious vehicles were utilized only for a limited applications such as military and defense. However, even in the present times, amphibious vehicles are considered as an essential part in reinforcing the defense capacities and are incorporated extensively by numerous military and defense agencies across the world. Apart from military applications, rising popularity of amphibious vehicles for commercial applications such as sports, recreational activities and transportations have boosted the growth in the amphibious vehicles market. One of the most prominent factor fuelling the interest for amphibious vehicles is in its adventure sports application. Amphibious vehicle manufacturers have been introducing new variants these vehicles combining the features of both jet skis and all-terrain bikes. Furthermore, manufacturers are overhauling their existing designs to extend the capabilities of amphibious vehicles such as achieving a speed of more than 200 km/hr on land surface and more than 90 km/hr on water. Promotion of amphibious vehicles as a novel mode of tourist transportation such as amphibious tourist bus on the Thames waterway in London and several others are expected to encourage the growth of the overall amphibious vehicles market.

Competitive Insights:

Amphibious vehicles market is fragmented in nature and is characterized by a number of international players. The companies have been facing intense competition with increasing number of new entrants in this highly dynamic market. Product innovation and affordability have been some of the key factors focused on by manufacturers while introducing their new variants of amphibious vehicles in the market. Furthermore, companies have been engaged in acquiring military and defense contracts from the various military and defense agencies for the provision of amphibious vehicles. Major players in the amphibious vehicles market include BAE Systems AB, General Dynamics Corporation, Lockheed Martin Corporation, Rheinmetall AG, Hitachi Construction Machinery Co., Ltd., Griffon Hoverwork Ltd. (GHL), Gibbs Sports Amphibians, Inc., Rinspeed AG, Cool Amphibious Manufacturers International, LLC, WaterCar, Science Applications International Corporation (SAIC), Textron, Inc., Kurganmashzavod JSC, and Hanjin Heavy Industries & Construction Co., Ltd.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Specialty Fats and Oils buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Amphibious Vehicles contains:

Analysis and forecast of Specialty Fats and Oils market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Specialty Fats and Oils market;

Assessment and forecast of Specialty Fats and Oils market development;

Financial and business profiles of the leading companies in the Specialty Fats and Oils industry.

Scope

– Up to date working Specialty Fats and Oils data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Specialty Fats and Oils for the period 2018 to 2026

– Planned Specialty Fats and Oils additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Specialty Fats and Oils projects by region, key countries, and companies

– Details of major planned Specialty Fats and Oils projects in the world up to 2026

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