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Amphibious Vehicle Market Size to Reach USD 4.98 Billion by 2027; Unceasing Improvements in Combat Vehicles to Boost Market Scope, states Fortune Business Insightsa??

Pune, July 13, 2020 (GLOBE NEWSWIRE) -- The global amphibious vehicle market size is expected to reach USD 4.98 billion by 2027, exhibiting a CAGR of 13.05% during the forecast period. The ongoing development of high-speed engines with lightweight capabilities by OEMs will spur lucrative opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled a??Amphibious Vehicle Market Size, Share & Industry Analysis, By Platform (Commercial and Defense), By Mode of Propulsion (Screw Propellers, Water Jet, Track-based Propulsion, and Others), By Application (Surveillance and Rescue, Combat, Transportation, Sports, Excavation, and Others), and Regional Forecasts, 2020-2027a?? the market size stood at USD 2.66 billion in 2019 The coronavirus epidemic has caused severe damage to most of the established industries across the globe. We understand that this health emergency has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. Some industries are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.We are continuously working on our data to relieve businesses in this critical time. Our expertise and capability can offer colossal benefits during the global pandemic.
Get Sample PDF Brochure with a??Short-Term and Long-Term Impact of COVID-19a?? on this Market,Please Visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/amphibious-vehicle-market-101800
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