Global Amphibious Landing Craft Market Research Report: Information by type (Landing Craft Utility, Landing Craft Air Cushion, Amphibious Assault Vehicle and others), Operation (Amphibious Operation, Naval Operation, Maritime Security and other operations), Application (Vehicle Transportation, Infantry Transportation) and by Region – Forecast till 2023
Global Amphibious Landing Craft Market is expected to grow at ~12% CAGR from 2018 to 2023
Company Profile:
The key players of the Global Amphibious Landing Craft Market are Almaz Shipbuilding (Europe), CNIM (France), Griffon Hoverwork (UK), Marine Alutech Oy Ab (Finland), Textron Systems (US), L3 Technologies, Inc.(US), Abu Dhabi Ship Building (UAE), Goa Shipyard Ltd. (India), Wetland Equipment Company (US), Wilco Manufacturing, L.L.C.(US) and among others.
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Market Scenario:
Amphibious landing craft are the vehicles capable of being driven on water as well as land. These are generally small & medium seagoing watercrafts similar to boats and barges, and are used to transport a landing force and military vehicles. These crafts are majorly adopted by naval forces for ensuring security in the sea shores.
The demand for amphibious landing craft market is on the rise, which can be attributed to the increasing demand for seaborne trading across countries and the transportation of military troops, myriad of combat vehicles, and engineering equipment across the borders. Such vehicles are capable to transport huge tanks across beaches which enables them to access the coastline in more efficient way. One of the major restraints for the global amphibious landing craft market is the budgetary constraints which holds the market growth.
Regional Analysis:
Asia-Pacific has a high growth potential in the global amphibious landing craft market, with the rising terror threats and trade networks, which necessiate high security, driving the demand for the modification of surveillance capabilities. In Asia-Pacific, the market growth is significantly driven by major countries, such as China, Japan, India, and Australia, due to the rising investments in the amphibious landing craft.
Concurrently, the market in Europe is estimated to witness considerable growth, during the forecast period, due to the high defense budgets in countries such as the UK, France, Germany, and Russia. It is also expected that the involvement of small and medium enterprises supplier in the naval industry would boost the market growth in the region.
Similarly, North America is expected to be the largest market for amphibious landing craft. The US, in particular, has an adequate defense budget, of USD 150 billion specifically for the naval forces which enhances the growth opportunity.
The Middle East & Africa is an emerging region in the market. In this region, the major contracts for international trading are from the oil & gas sector, which bolsters the market growth. Likewise, the market is very promising in Latin America, as there have been an increase in hostile activities in the Caribbean Sea, in the recent years, which have resulted in several efforts from the Caribbean and some Latin American nations, to curb such incidences. As a result, the amphibious landing crafts are being added to the inventories of their respective navies, which fuel the market growth.
Segmentation:
By Type
- Landing Craft Utility (LCU)
- Landing Craft Air Cushion (LCAC)
- Amphibious Assault Vehicle (AAV) and Others
By Operation
- Amphibious operation
- Naval operation
- Maritime Security and Other operations
By Application
- Vehicle Transportation
- Infantry Transportation and others
By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Scope of the Report:
This report provides an in-depth analysis of the global amphibious landing craft market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Europe, Asia-Pacific and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the amphibious landing craft market by type, operation, application and by region.
Table of Content:
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Bargaining Power of Suppliers
3.1.4 Threat of Substitutes
3.1.5 Segment Rivalry
3.2 Supply Chain Analysis
Continued. . .
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