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Amphibious Land Craft Market: By Type, Landing Craft Utility, Landing Craft Air Cushion ), By Application, and Geography
Amphibious Land Craft Market: By Type, Landing Craft Utility, Landing Craft Air Cushion ), By Application, and Geography
Amphibious Land Craft Market estimated at US$ 258.3 million in 2023 and is poised to grow at a CAGR of 11.4% from 2024-2030 owing to increasing demand for the smaller and faster landing craft for defense and military purposes. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global amphibious land craft products. increasing security concerns for protecting the sea trade activities are the major factors that are driving the growth of the market.
Moreover, increasing investments by the government due to rising terrorism and the government focusing on the security concerns of the citizens and amphibious land crafts are popularly used in civil and military applications fuel the growth of the market over the forecast period. However, strict regulations on arms transfer and budgetary limitations hinder the growth of the market.
Study Period
2024-2030Base Year
2023CAGR
11.4%Largest Market
North AmericaFastest Growing Market
Asia-Pacific
According to Stockholm International Peace Research Institute, in Central Europe, military spending grew by 12 percent compared with 2017 and by 35% compared with 2009 and global military expenditures rose to US$ 1.8 trillion in 2018 and Russia is the second largest arms exporter in the world and United States accounts almost 36% of the total military expenditures across the world which accounts US$ 643.2 Bn followed by China (14%), Saudi Arabia (3.7%), India (3.7%), and France (3.5%). Apart from aforementioned dynamics, increasing military expenditure, the U.S. is supporting constant wars around the world in order to increase access to oil and political power. Increasing spending on military would decrease the unemployment rate and provides citizens with more work. For instance, According to former Secretary of Labor Robert Reich, the military provides over 3.5 million individual with jobs in the United States.
North America accounted for larger revenue share in global amphibious land craft market with significant CAGR. Increase in military investments for the protection of seaborne trade activities by the government and government assurance about the safety of the citizens enhances the growth of the market. Europe and Asia Pacific market projected to grow at significant rate owing to increase in rapid urbanization, increasing investments and rising cases of piracy especially in the Suez Canal, the Arabian Sea, the Red Sea, and Gulf of Aden has promoted the government to take actions to curb such illegal activities.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 258.3 million |
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Market CAGR |
11.4% |
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By Type |
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By Application |
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By Region |
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Download Free Sample Report
The global amphibious land craft market size was valued at US$ 258.3 million in 2023 and is projected to grow at a CAGR of 11.4% from 2024 to 2030.
The amphibious land craft market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The amphibious land craft market key players are: Textron, Marine and Land Systems, Griffon Hoverwork Limited, Goa Shipyard Limited, Tiltan Pharma, General Dynamics NASSCO
| 1.Executive Summary |
| 2.Global Amphibious Land Craft Market Introduction |
| 2.1.Global Amphibious Land Craft Market - Taxonomy |
| 2.2.Global Amphibious Land Craft Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Application |
| 2.2.3.Region |
| 3.Global Amphibious Land Craft Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Amphibious Land Craft Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Amphibious Land Craft Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Landing Craft Mechanized (LCM) |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Landing Craft Utility (LCU) |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Landing Craft Air Cushion (LCAC) |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Amphibious Land Craft Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Defense |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Commercial |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Amphibious Land Craft Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Amphibious Land Craft Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Landing Craft Mechanized (LCM) |
| 8.1.2.Landing Craft Utility (LCU) |
| 8.1.3.Landing Craft Air Cushion (LCAC) |
| 8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Defense |
| 8.2.2.Commercial |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Amphibious Land Craft Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Landing Craft Mechanized (LCM) |
| 9.1.2.Landing Craft Utility (LCU) |
| 9.1.3.Landing Craft Air Cushion (LCAC) |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Defense |
| 9.2.2.Commercial |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 10.Asia Pacific (APAC) Amphibious Land Craft Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Landing Craft Mechanized (LCM) |
| 10.1.2.Landing Craft Utility (LCU) |
| 10.1.3.Landing Craft Air Cushion (LCAC) |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Defense |
| 10.2.2.Commercial |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Amphibious Land Craft Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Landing Craft Mechanized (LCM) |
| 11.1.2.Landing Craft Utility (LCU) |
| 11.1.3.Landing Craft Air Cushion (LCAC) |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Defense |
| 11.2.2.Commercial |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Amphibious Land Craft Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Landing Craft Mechanized (LCM) |
| 12.1.2.Landing Craft Utility (LCU) |
| 12.1.3.Landing Craft Air Cushion (LCAC) |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Defense |
| 12.2.2.Commercial |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Textron Marine and Land Systems |
| 13.2.2.Griffon Hoverwork Limited |
| 13.2.3.Goa Shipyard Limited |
| 13.2.4.Tiltan Pharma |
| 13.2.5.General Dynamics NASSCO |
| 13.2.6.Garden Reach Shipbuilders and Engineers |
| 13.2.7.Abu Dhabi Shipbuilding Company |
| 13.2.8.Moyre Shipyard |
| 13.2.9.Almaz Shipbuilding |
| 13.2.10.Marine Alutech |
| 13.2.11.Sealegs |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.