Hovercraft Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Hovercraft Market size is expected to grow at an annual average of 3% during 2021-2027. The heavy-duty carrying capacity of the large hovercraft allows the military to transport troops, munitions and equipment for humanitarian, rescue and disaster relief missions. The current orientation and the savings in building separate ports for these vehicles are the main factors generating demand for hovercraft during the forecast period.

The following segmentation are covered in this report:

By Application

• Military
• Civil

By Production Process

• Diesel Power Type
• Gas Power Type
• Others

Company Profile

• Universal Hovercraft
• GE
• Neoteric Hovercraft
• Mercier-Jones
• Neptun Werft
• Viper Hovercraft
• Australian Hovercraft
• Griffon Hoverwork
• Airlift Hovercraft
• Kvichak

Scope of the report

The research study analyses the Hovercraft Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Hovercraft Market Report

• What was the Hovercraft Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Hovercraft Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.