Amphibious Landing Craft Market With Size,Share,Growth,Trends, Outlook, Analysi
Posted by Nita on February 12th, 2021
Market Highlights
The amphibious landing craft is a type of boat used by amphibious forces to transport equipment and troops to the shore. They are used for transporting tracked or wheeled vehicles and troops from ships to beachheads, sea shores or piers.
Based on type, the market is segmented as landing craft utility (LCU), landing craft air cushion (LCAC), amphibious assault vehicle (AAV), and others. Among the type of amphibious landing crafts, the landing craft air cushion (LCAC) segment accounted for the largest market share in 2017. The amphibious assault vehicle segment is anticipated to witness the highest CAGR owing to its wide adoption by the military forces due its reliability and flexibility in operation.
By operation, the market is segmented as amphibious operation, naval operation, maritime security, and others. Among these operations, the amphibious operation segment accounted for the largest market share in 2017. The naval operation sub-segment is estimated to witness the highest CAGR, during the forecast period, due to the use of amphibious landing craft for various applications such as antisubmarine warfare (ASW), mine warfare support, among others.
Similarly, based on application, the market is segmented as vehicle transportation, infantry transportation, and others. Among these, the vehicle transportation sub-segment is accounts for the largest market share as the presence of combat vehicles such as tanks are force multipliers and increases the success rate of military missions.
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Key Players
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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
