Market Overview:
The Global Patrol Hovercrafts Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for patrol hovercrafts in military and police applications across the globe. Additionally, the increasing investments by key players in research and development activities are also expected to fuel the growth of this market during the forecast period. Based on type, diesel powered patrol hovercrafts are expected to dominate the global market during the forecast period owing to their high efficiency and low emissions as compared with gasoline powered patrol hovercrafts. By application, military applications are projected to account for a major share of this market during 2018-2030 owing to rising security concerns across different regions globally.
Product Definition:
A patrol hovercraft is a type of hovercraft that is used for patrolling purposes. These vehicles are typically used by law enforcement or military organizations in order to monitor areas that are difficult to reach by traditional means. Patrol hovercrafts can be used in a variety of environments, including water, snow, and ice. They are also able to travel over rough terrain, which makes them ideal for conducting patrols in remote areas.
Diesel Powered:
Diesel-powered vehicles are those that run on diesel as their power source. They are primarily used for transportation of people and goods in commercial applications such as water transport, freight railways, and so on. Diesel-powered vehicles can be categorized into two types: road vehicles (automotive) and railway locomotives.
Gasoline Powered:
Gasoline powered vehicles are also known as Internal Combustion Engine (ICE) vehicles. They are propelled by a combustion engine, which is an engine that burns fuel to generate mechanical energy. The mechanical energy then drives the vehicle’s drivetrain, which consists of the transmission and final drive.
The gasoline-powered patrol hovercrafts have been designed primarily for marine operations where high speed is required along with a smooth ride at all times and in all conditions.
Application Insights:
The military application segment accounted for the largest share of over 70.0% in 2017. The rising need for enhancing military capabilities has been a major factor driving the demand from this sector. Rapidly evolving security threats and cross-border terrorism have been prompting governments across the world to increase their defense spending, which is expected to further fuel market growth over the forecast period.
The Latin America and Middle East & Africa regions are projected to witness significant growth owing to increasing government expenditure on law enforcement agencies as part of efforts towards achieving police modernization goals set by countries such as Brazil, Mexico and others within these regions. Furthermore, with an increase in human trafficking cases across borders worldwide; border patrolling authorities require advanced boats that can operate at night along with high maneuverability that enhances safety along with efficiency during patrols at sea border areas which is likely to propel industry expansion over the coming years.
Regional Analysis:
North America dominated the global patrol hovercrafts market in terms of revenue share in 2017. The presence of major players, increased defense budget and high demand for efficient marine transportation are some factors attributing to this dominance. In addition, the U.S has a coastline measuring approximately 7,000 kilometers which needs to be patrolled by watercraft throughout the year.
Asia Pacific is expected to witness significant growth over the next eight years owing to increasing maritime disputes and coastal patrolling activities by countries such as China.
The Middle East & Africa region is anticipated to grow at a lucrative rate due its growing coastline especially along Gulf Countries like Saudi Arabia.
Growth Factors:
- Increasing demand for patrol hovercrafts in the defense sector as they are cost-effective and can be used in difficult terrains.
- Growing popularity of patrol hovercrafts for law enforcement and border patrolling activities as they are efficient and fast.
- Increasing demand from the commercial sector for use in maritime transportation, search and rescue operations, etc.
- Development of advanced technologies that improve the performance of patrol hovercrafts further driving their adoption rates globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Patrol Hovercrafts Market Research Report
By Type
Diesel Powered, Gasoline Powered
By Application
Military, Police
By Companies
Aerohod, ALMAZ, Griffon Hoverwork, Christy Hovercraft, China Hovercraft Ltd, Neoteric Hovercraft, The British Hovercraft Company, Hovertechnics, Viper Hovercraft, Aerohod
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Patrol Hovercrafts Market Report Segments:
The global Patrol Hovercrafts 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
Military, Police
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
- Hovertechnics
- Viper Hovercraft
- Aerohod
Highlights of The Patrol Hovercrafts 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:
- Military
- Police
- 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 Patrol Hovercrafts 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.
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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?
Patrol hovercrafts are a type of watercraft that is used by law enforcement agencies to patrol waterways. They are typically equipped with a variety of sensors and cameras, as well as weapons, to help them monitor the area around them.
Some of the key players operating in the patrol hovercrafts market are Aerohod, ALMAZ, Griffon Hoverwork, Christy Hovercraft, China Hovercraft Ltd, Neoteric Hovercraft, The British Hovercraft Company, Hovertechnics, Viper Hovercraft, Aerohod.
The patrol hovercrafts market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Patrol Hovercrafts 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 Patrol Hovercrafts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Patrol Hovercrafts 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 Patrol Hovercrafts 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 Patrol Hovercrafts Market Size & Forecast, 2018-2028
4.5.1 Patrol Hovercrafts Market Size and Y-o-Y Growth
4.5.2 Patrol Hovercrafts Market Absolute $ Opportunity
Chapter 5 Global Patrol Hovercrafts 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 Patrol Hovercrafts 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 Patrol Hovercrafts 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 Patrol Hovercrafts Market Size Forecast by Applications
6.2.1 Military
6.2.2 Police
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Patrol Hovercrafts 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 Patrol Hovercrafts 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 Patrol Hovercrafts Analysis and Forecast
9.1 Introduction
9.2 North America Patrol Hovercrafts 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 Patrol Hovercrafts 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 Patrol Hovercrafts Market Size Forecast by Applications
9.10.1 Military
9.10.2 Police
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 Patrol Hovercrafts Analysis and Forecast
10.1 Introduction
10.2 Europe Patrol Hovercrafts 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 Patrol Hovercrafts 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 Patrol Hovercrafts Market Size Forecast by Applications
10.10.1 Military
10.10.2 Police
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 Patrol Hovercrafts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Patrol Hovercrafts 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 Patrol Hovercrafts 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 Patrol Hovercrafts Market Size Forecast by Applications
11.10.1 Military
11.10.2 Police
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 Patrol Hovercrafts Analysis and Forecast
12.1 Introduction
12.2 Latin America Patrol Hovercrafts 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 Patrol Hovercrafts 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 Patrol Hovercrafts Market Size Forecast by Applications
12.10.1 Military
12.10.2 Police
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) Patrol Hovercrafts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Patrol Hovercrafts 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) Patrol Hovercrafts 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) Patrol Hovercrafts Market Size Forecast by Applications
13.10.1 Military
13.10.2 Police
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 Patrol Hovercrafts Market: Competitive Dashboard
14.2 Global Patrol Hovercrafts 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 Hovertechnics
14.3.9 Viper Hovercraft
14.3.10 Aerohod
