Market Overview:
The global commercial air-cushion vessels market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for air-cushion vessels for passenger transport and cargo transport applications across the globe. On the basis of type, the global commercial air-cushion vessels market has been segmented into diesel powered and gasoline powered segments. The diesel powered segment is expected to account for a major share of the global commercial air-cushion vessels market in 2018. However, the gasoline powered segment is projected to exhibit a higher CAGR during 2018–2030 owing to its growing popularity among end users across different regions. On the basis of application,the global commercial air cushion vesselmarket has been divided into passenger transport and cargo transport segments.
Product Definition:
A commercial air-cushion vessel is a boat or ship that uses air pressure to raise itself above the surface of the water. This allows for a much smoother ride, and makes it possible to travel over shallow water or sand bars. Commercial air-cushion vessels are used in a variety of industries, including tourism, transportation, and military applications.
Diesel Powered:
Diesel-powered air-cushion vessels are expected to witness significant growth over the forecast period owing to their ability of operating in deeper water and stronger currents as compared to gas or electric operated ACVs. Diesel fuel is widely used by the shipping industry for transportation of goods from one place to another.
Gasoline Powered:
Gasoline powered vehicles are motor vehicles that run on gasoline or diesel and have a maximum speed of more than 25 miles per hour. They are used for passenger transportation in commercial air-cushion vessels (ACHVs) to carry passengers and goods within the vessel itself. ACHVs can be defined as any vehicle that is capable of floating on water, has functioning wheels or skis, and is propelled by an engine with no more than 4 cylinders capacity.
Application Insights:
The passenger transport segment dominated the global market in terms of revenue share in 2017. The demand for air-cushion vehicles is expected to increase owing to rising passenger traffic and preference for wheeled over tracked vehicles due to space constraints on aircraft. Furthermore, governments are taking initiatives such as waiving import duty on ACVs for personal use by individuals which will further drive the demand from passenger transport applications.
The cargo transport application is projected register a CAGR of XX% from 2018 to 2030 globally owing to increased government investment in infrastructure development coupled with favorable regulations aimed at promoting green technologies that result in reduced environmental impact during transportation operations. For instance, Germany has invested USD 2 billion towards developing its logistics industry which supports around 25 thousand jobs across the country according to statistics published by Logistics Association of Germany (LOGISTEC) and Federal Ministry of Economic Affairs & Energy (BMWi). This significant government initiative is anticipated fuel growth over the forecast period thereby driving market growth worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments, rising disposable income, and expanding population. China is projected to be a key contributor to regional growth owing to rapid industrialization along with an upsurge in infrastructure activities.
The Middle East & Africa region accounted for a relatively smaller share as compared to other regions due its low penetration rate coupled with limited demand from passenger transport application segmentation. However, growing oil prices are anticipated favorably impact regional growth over the coming years as it provides lucrative opportunities for investors looking forward for high returns with minimal risks involved.
Latin America also presents significant potential opportunities due primarily increased government spending along with rising domestic demand especially in Brazil.
Growth Factors:
- Increasing demand for air-cushion vessels from the commercial sector for transportation of goods and passengers
- Development of more advanced and fuel-efficient air-cushion vessels
- Growing popularity of air-cushion vessels as an environmentally friendly mode of transportation
- Proliferation of private airports and development of new ones, which is expected to lead to increased demand for air-cushion vessels
- Increased spending on infrastructure development by governments, which is likely to spur growth in the commercial air-cushion vessel market
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Air-cushion Vessels Market Research Report
By Type
Diesel Powered, Gasoline Powered
By Application
Passenger Transport, Cargo Transport
By Companies
Aerohod, ALMAZ, Griffon Hoverwork, Christy Hovercraft, China Hovercraft Ltd, Neoteric Hovercraft, The British Hovercraft Company, Jedy Hovercraft, Hovertechnics, Viper Hovercraft, Aerohod, Vanair Hovercraft
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Air-cushion Vessels Market Report Segments:
The global Commercial Air-cushion Vessels market is segmented on the basis of:
Types
Diesel Powered, Gasoline Powered
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Transport, Cargo Transport
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aerohod
- ALMAZ
- Griffon Hoverwork
- Christy Hovercraft
- China Hovercraft Ltd
- Neoteric Hovercraft
- The British Hovercraft Company
- Jedy Hovercraft
- Hovertechnics
- Viper Hovercraft
- Aerohod
- Vanair Hovercraft
Highlights of The Commercial Air-cushion Vessels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diesel Powered
- Gasoline Powered
- By Application:
- Passenger Transport
- Cargo Transport
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Air-cushion Vessels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial air-cushion vessels are used for transporting goods by air. They are made of lightweight materials, such as rubber, and have a large surface area to reduce drag.
Some of the major companies in the commercial air-cushion vessels market are Aerohod, ALMAZ, Griffon Hoverwork, Christy Hovercraft, China Hovercraft Ltd, Neoteric Hovercraft, The British Hovercraft Company, Jedy Hovercraft, Hovertechnics, Viper Hovercraft, Aerohod, Vanair Hovercraft.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Air-cushion Vessels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Air-cushion Vessels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Air-cushion Vessels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Air-cushion Vessels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Air-cushion Vessels Market Size & Forecast, 2018-2028
4.5.1 Commercial Air-cushion Vessels Market Size and Y-o-Y Growth
4.5.2 Commercial Air-cushion Vessels Market Absolute $ Opportunity
Chapter 5 Global Commercial Air-cushion Vessels Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial Air-cushion Vessels Market Size Forecast by Type
5.2.1 Diesel Powered
5.2.2 Gasoline Powered
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial Air-cushion Vessels Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial Air-cushion Vessels Market Size Forecast by Applications
6.2.1 Passenger Transport
6.2.2 Cargo Transport
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Air-cushion Vessels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Air-cushion Vessels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial Air-cushion Vessels Analysis and Forecast
9.1 Introduction
9.2 North America Commercial Air-cushion Vessels Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial Air-cushion Vessels Market Size Forecast by Type
9.6.1 Diesel Powered
9.6.2 Gasoline Powered
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial Air-cushion Vessels Market Size Forecast by Applications
9.10.1 Passenger Transport
9.10.2 Cargo Transport
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial Air-cushion Vessels Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial Air-cushion Vessels Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial Air-cushion Vessels Market Size Forecast by Type
10.6.1 Diesel Powered
10.6.2 Gasoline Powered
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial Air-cushion Vessels Market Size Forecast by Applications
10.10.1 Passenger Transport
10.10.2 Cargo Transport
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial Air-cushion Vessels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial Air-cushion Vessels Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial Air-cushion Vessels Market Size Forecast by Type
11.6.1 Diesel Powered
11.6.2 Gasoline Powered
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial Air-cushion Vessels Market Size Forecast by Applications
11.10.1 Passenger Transport
11.10.2 Cargo Transport
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial Air-cushion Vessels Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial Air-cushion Vessels Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial Air-cushion Vessels Market Size Forecast by Type
12.6.1 Diesel Powered
12.6.2 Gasoline Powered
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial Air-cushion Vessels Market Size Forecast by Applications
12.10.1 Passenger Transport
12.10.2 Cargo Transport
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial Air-cushion Vessels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial Air-cushion Vessels Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial Air-cushion Vessels Market Size Forecast by Type
13.6.1 Diesel Powered
13.6.2 Gasoline Powered
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial Air-cushion Vessels Market Size Forecast by Applications
13.10.1 Passenger Transport
13.10.2 Cargo Transport
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Air-cushion Vessels Market: Competitive Dashboard
14.2 Global Commercial Air-cushion Vessels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aerohod
14.3.2 ALMAZ
14.3.3 Griffon Hoverwork
14.3.4 Christy Hovercraft
14.3.5 China Hovercraft Ltd
14.3.6 Neoteric Hovercraft
14.3.7 The British Hovercraft Company
14.3.8 Jedy Hovercraft
14.3.9 Hovertechnics
14.3.10 Viper Hovercraft
14.3.11 Aerohod
14.3.12 Vanair Hovercraft
