Market Overview:
The global skirted 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%. The market growth can be attributed to the increasing demand for recreational applications, rising concerns for safety and security, and growing military expenditure across the globe. On the basis of type, the diesel powered segment is expected to account for a larger share of the global skirted air-cushion vessels market during the forecast period. This can be attributed to their high efficiency and low emissions as compared with gasoline powered vehicles. However, gasoline powered vehicles are anticipated to witness higher growth rates owing to their easy availability and lower cost as compared with diesel engines. On the basis of application, recreational applications are expected to account for a larger share of the global skirted air-cushion vessels market during 2018–2030. This can be attributedto th egrowing popularityof thesevehiclesfor personal transportationand leisure activitiessuchas fishingand boatingamong consumers in developed countries .
Product Definition:
A skirted air-cushion vessel is a craft that utilizes a skirt around the perimeter of the vessel to create a cushion of air between the water and the hull. This provides lift and reduces drag, making it an efficient mode of transportation over water.
Diesel Powered:
Diesel-powered skirted air-cushion vessels (SPAV) are expected to witness significant growth over the forecast period. The primary factor attributing to its growth is its ability of operating in waters where gas turbine power plants cannot be installed. Diesel-powered SPAVs have application in offshore oil & gas, hydropower projects, and mining activities among others.
The global diesel powered SPAV market was valued at USD 2,867 million in 2016.
Gasoline Powered:
Gasoline powered vehicles are motor vehicles that run on the gasoline as a fuel. The internal combustion engine is the most common type of propulsion engine used in these types of vehicles. They are also known as petrol engines or gas turbines depending upon their power source. The gasoline-powered vehicle has an advantage over its counterparts, which run on diesel or other fuels; it can operate at higher speeds and carry more passengers with fewer horses than those other forms of transportation.
Application Insights:
The recreational application segment accounted for the largest share of over 50.0% in 2017. Increasing disposable income levels and population growth have resulted in a significant rise in demand for water sports and other recreational activities, which has positively influenced the skirted air-cushion vessel market growth. Moreover, governments from across the world are taking initiatives to develop tourism infrastructure which will result in an increased number of tourist arrivals at resorts and hotels, thus driving product demand further.
The rescue application segment is expected to witness substantial growth over the forecast period owing to rising need for marine rescue operations by various government agencies such as coast guards and maritime police force along with commercial organizations such as search & rescue organization (SAR). Vessels operating under this category are equipped with state-of-the art technology including GPS tracking devices that enable authorities carrying out SAR operations to monitor each minute of mission progress through real time data transmission capability thereby contributing towards market expansion during future years.
Regional Analysis:
North America dominated the global skirt air-cushion vessels market in 2017. The growing popularity of water sports and wakeboarding is expected to remain a key driving factor for the regional market over the forecast period. Furthermore, increasing military expenditure by countries such as the U.S., China, India, and Russia are likely to contribute towards growth in this region.
Asia Pacific is anticipated to be one of the fastest-growing regions owing to rising product demand from commercial applications including restaurants and hotels on account of their ability to provide a smooth ride even during rough waters or waves caused by wind or rain storms at sea coastlines thereby reducing travel time significantly for boats.
Growth Factors:
- Increasing demand for air-cushion vessels in the commercial and military sectors
- Growing popularity of air-cushion vehicles for passenger transport
- Rising demand for efficient and environment-friendly transportation solutions
- Technological advancements in air-cushion vessel design and construction
- Proliferation of skirted air-cushion vessels in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Skirted Air-cushion Vessels Market Research Report
By Type
Diesel Powered, Gasoline Powered
By Application
Recreational, Rescue, Commercial, Military
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, Mercier-Jones, Hoverstream
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Skirted Air-cushion Vessels Market Report Segments:
The global Skirted 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
Recreational, Rescue, Commercial, Military
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
- Mercier-Jones
- Hoverstream
Highlights of The Skirted 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:
- Recreational
- Rescue
- Commercial
- Military
- 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 Skirted 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
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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?
Skirted air-cushion vessels are a type of air cushion vehicle that have skirts around the bottom and top. This design helps to improve stability and reduce drag while in motion.
Some of the major companies in the skirted 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, Mercier-Jones, Hoverstream.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Skirted 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 Skirted Air-cushion Vessels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Skirted 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 Skirted 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 Skirted Air-cushion Vessels Market Size & Forecast, 2018-2028
4.5.1 Skirted Air-cushion Vessels Market Size and Y-o-Y Growth
4.5.2 Skirted Air-cushion Vessels Market Absolute $ Opportunity
Chapter 5 Global Skirted 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 Skirted 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 Skirted 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 Skirted Air-cushion Vessels Market Size Forecast by Applications
6.2.1 Recreational
6.2.2 Rescue
6.2.3 Commercial
6.2.4 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Skirted 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 Skirted 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 Skirted Air-cushion Vessels Analysis and Forecast
9.1 Introduction
9.2 North America Skirted 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 Skirted 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 Skirted Air-cushion Vessels Market Size Forecast by Applications
9.10.1 Recreational
9.10.2 Rescue
9.10.3 Commercial
9.10.4 Military
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 Skirted Air-cushion Vessels Analysis and Forecast
10.1 Introduction
10.2 Europe Skirted 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 Skirted 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 Skirted Air-cushion Vessels Market Size Forecast by Applications
10.10.1 Recreational
10.10.2 Rescue
10.10.3 Commercial
10.10.4 Military
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 Skirted Air-cushion Vessels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Skirted 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 Skirted 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 Skirted Air-cushion Vessels Market Size Forecast by Applications
11.10.1 Recreational
11.10.2 Rescue
11.10.3 Commercial
11.10.4 Military
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 Skirted Air-cushion Vessels Analysis and Forecast
12.1 Introduction
12.2 Latin America Skirted 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 Skirted 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 Skirted Air-cushion Vessels Market Size Forecast by Applications
12.10.1 Recreational
12.10.2 Rescue
12.10.3 Commercial
12.10.4 Military
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) Skirted Air-cushion Vessels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Skirted 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) Skirted 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) Skirted Air-cushion Vessels Market Size Forecast by Applications
13.10.1 Recreational
13.10.2 Rescue
13.10.3 Commercial
13.10.4 Military
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 Skirted Air-cushion Vessels Market: Competitive Dashboard
14.2 Global Skirted 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
14.3.13 Mercier-Jones
14.3.14 Hoverstream
