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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A vehicle that can go on both land and water and is propelled by an electric motor is referred to as an amphibious electric military vehicle. Military forces frequently employ these vehicles for a variety of missions, including transportation, reconnaissance, and warfare.
The benefits of electric military amphibious vehicles include their low environmental effect and low noise levels, which can make them suitable for covert operations. They can be more environmentally friendly than conventional military vehicles since they can be quickly recharged using solar panels or other renewable energy sources.
The Russian-built and the Electric Reconnaissance Vehicle (ERV) used by the American Army are two examples of electric military amphibious vehicles. These vehicles can offer military troops a flexible and effective means of mobility and combat support because they are made to function in a variety of terrain and weather conditions.
Global electric military amphibious vehicle market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The hybrid armoured caterpillar vehicle, driven by an electric motor and capable of traversing the sea, has been successfully constructed by the Ukrainian company Highland Systems under the direction of Ukrainian engineer.
At the international defence expo IDEX-2021 in the United Arab Emirates, the electric amphibious armoured vehicle known as "Storm" was unveiled.
In Kyiv, work on the prototype startedyears ago. Yet as they worked to finish a complete model, the team quickly encountered technical and financial issues. Instead, Highland Systems relocated to the UAE and partnered with the reputable UAE-based defence company Streit Group. The Ukrainian team created its first prototype in just months.
The electric armoured vehicle contains Australian shock absorbers that can sustain a 65-ton weight, Finnish armour, and a hybrid propulsion system that can be driven by both an electric motor and a diesel engine.
The batteries were made in China at a facility that also makes Tesla batteries. It can withstand waves up to 1.5 metres high and was built to satisfy the needs of marines or nations with amphibious vehicle requirements.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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