Market Overview:
The Global Rescue 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 rescue hovercrafts in inland lakes and rivers, as well as inshore coastal applications. Additionally, the increasing popularity of recreational activities such as boating and fishing is also propelling the demand for rescue hovercrafts globally.
Product Definition:
A rescue hovercraft is a vehicle that can operate on both land and water, making it an ideal choice for rescues in difficult-to-reach or hazardous areas. They are often used by emergency responders to reach people stranded in flooded areas or to reach victims of natural disasters.
Diesel Powered:
Diesel-powered vehicles are widely used in the marine industry for rescue hovercrafts. The growth factor is high owing to the increasing demand for such vehicles from fire and emergency services, which require quick response during natural calamities.
The usage of diesel-powered vehicles has increased over the past few years owing to their ability to provide more power to counter wind resistance, which helps in better maneuvering through water bodies.
Gasoline Powered:
Gasoline powered vehicles are also known as motorized vehicles. They are propelled by a portable fuel-driven engine which may be operated through a manual or an automatic transmission system. The gasoline-powered vehicle is the most widely used type of mobility assistive device in the world, as it can go up and down any slope, hurdle and jump with great ease.
The global gasoline powered vehicle market size was valued at USD 15 billion in 2015.
Application Insights:
Rescue hovercraft are used for a variety of applications including inland lakes and rivers, offshore coastal waters and rivers, and riverine operations. By far the largest application segment is for offshore coastal waters where they are used to rescue people from drowning or capsized boats as well as to provide medical assistance at sea. The use of hovercraft onshore in remote areas with little or no access to land has been largely replaced by helicopters owing to their ability to transport patients directly into an emergency department without the need for a ground crew.
The demand in Middle East & Africa region is expectedto be driven by increasing oil exploration activities off the Persian Gulf which require large quantities of water during drilling operations. Rescue hovercrafts have also been employed during natural disaster response operations such as floods, earthquakes, volcano eruptions etc., providing aid both onshore and offshore along with SAR missions that include search-and-rescue efforts along with logistics support such as food & water drops at sea.
Regional Analysis:
Europe dominated the global market in 2017. The presence of a large number of water bodies, coupled with rising inland lakes and rivers, has led to an increase in the demand for these craft over the past few years. Furthermore, increasing coastal tourism due to favorable weather conditions is expected to boost product sales over the forecast period.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rapid urbanization along with growing population and infrastructural developments across countries such as China and India. Moreover, increasing trade activities between China and Southeast Asian countries are further expected to drive demand for these rescue hovercrafts in this region during the projected period.
Growth Factors:
- Increasing demand for rescue hovercrafts from the defense sector as they are used for search and rescue operations in hostile environments.
- Growing popularity of amphibious vehicles in the commercial and recreational segments, which is expected to boost demand for rescue hovercrafts over the forecast period.
- Rising awareness about the benefits of using rescue hovercrafts among emergency responders, which is likely to propel market growth during the forecast period.
- Technological advancements in rescue hovercraft design and features that offer enhanced safety and performance, resulting in increased adoption across various end-use applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rescue Hovercrafts Market Research Report
By Type
Diesel Powered, Gasoline Powered
By Application
Inland Lakes and Rivers, Inshore Coastal
By Companies
Griffon Hoverwork, Christy Hovercraft, China Hovercraft Ltd, Neoteric Hovercraft, The British Hovercraft Company, Jedy Hovercraft, Hovertechnics, Viper Hovercraft, Griffon Hoverwork
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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Rescue Hovercrafts Market Report Segments:
The global Rescue 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
Inland Lakes and Rivers, Inshore Coastal
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:
- Griffon Hoverwork
- Christy Hovercraft
- China Hovercraft Ltd
- Neoteric Hovercraft
- The British Hovercraft Company
- Jedy Hovercraft
- Hovertechnics
- Viper Hovercraft
- Griffon Hoverwork
Highlights of The Rescue 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:
- Inland Lakes and Rivers
- Inshore Coastal
- 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 Rescue 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Rescue Hovercrafts are a type of watercraft that is used for emergency purposes. They are typically equipped with rescue equipment, such as lifeboats and stretchers, to help people who are in distress.
Some of the key players operating in the rescue hovercrafts market are Griffon Hoverwork, Christy Hovercraft, China Hovercraft Ltd, Neoteric Hovercraft, The British Hovercraft Company, Jedy Hovercraft, Hovertechnics, Viper Hovercraft, Griffon Hoverwork.
The rescue hovercrafts market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rescue 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 Rescue Hovercrafts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rescue 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 Rescue 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 Rescue Hovercrafts Market Size & Forecast, 2018-2028
4.5.1 Rescue Hovercrafts Market Size and Y-o-Y Growth
4.5.2 Rescue Hovercrafts Market Absolute $ Opportunity
Chapter 5 Global Rescue 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 Rescue 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 Rescue 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 Rescue Hovercrafts Market Size Forecast by Applications
6.2.1 Inland Lakes and Rivers
6.2.2 Inshore Coastal
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rescue 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 Rescue 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 Rescue Hovercrafts Analysis and Forecast
9.1 Introduction
9.2 North America Rescue 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 Rescue 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 Rescue Hovercrafts Market Size Forecast by Applications
9.10.1 Inland Lakes and Rivers
9.10.2 Inshore Coastal
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 Rescue Hovercrafts Analysis and Forecast
10.1 Introduction
10.2 Europe Rescue 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 Rescue 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 Rescue Hovercrafts Market Size Forecast by Applications
10.10.1 Inland Lakes and Rivers
10.10.2 Inshore Coastal
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 Rescue Hovercrafts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rescue 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 Rescue 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 Rescue Hovercrafts Market Size Forecast by Applications
11.10.1 Inland Lakes and Rivers
11.10.2 Inshore Coastal
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 Rescue Hovercrafts Analysis and Forecast
12.1 Introduction
12.2 Latin America Rescue 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 Rescue 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 Rescue Hovercrafts Market Size Forecast by Applications
12.10.1 Inland Lakes and Rivers
12.10.2 Inshore Coastal
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) Rescue Hovercrafts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rescue 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) Rescue 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) Rescue Hovercrafts Market Size Forecast by Applications
13.10.1 Inland Lakes and Rivers
13.10.2 Inshore Coastal
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 Rescue Hovercrafts Market: Competitive Dashboard
14.2 Global Rescue Hovercrafts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Griffon Hoverwork
14.3.2 Christy Hovercraft
14.3.3 China Hovercraft Ltd
14.3.4 Neoteric Hovercraft
14.3.5 The British Hovercraft Company
14.3.6 Jedy Hovercraft
14.3.7 Hovertechnics
14.3.8 Viper Hovercraft
14.3.9 Griffon Hoverwork
