Amphibious Vehicle Market Size, Share, Trend, Forecast, & Industry Analysis

Amphibious vehicle market is likely to witness an impressive CAGR of 10.2% during the forecast period. The claim for amphibious vehicles is expected to be propelled by the rising demand from militaries owing to the increasing conflicts, rising commercial applications, the assault amphibious vehicle upgradation program of the U.S. Army, and the accessibility in rough terrain.