Market Scenario:

The amphibious landing crafts have various applications in countering terrorism threats, maritime boundary conflicts and securing seaborne trading. It is estimated that there will be a substantial growth of the global amphibious landing craft market due to deployment of remotely operated underwater vehicle (ROV) using these vehicles.

Amphibious landing craft are small and medium sized watercrafts such as boats and barges which are used to transport naval landing forces, personnel, vehicles, and equipment. These are produced in different designs with advanced engineering features.

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Market Highlights:

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.

Key Players:

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

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.

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.

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