Market Overview:
The global skirted hovercrafts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for recreational hovercrafts, rising awareness about the benefits of using skirted hovercrafts for commercial and military applications, and technological advancements in the design and manufacturing of these vehicles. The global skirted hovercrafts market can be segmented on the basis of type into diesel powered and gasoline powered vehicles. The diesel powered segment is expected to account for a larger share of the market than the gasoline powered segment during the forecast period. This can be attributed to factors such as lower fuel costs and longer operating life of diesel engines compared with gasoline engines. On the basis of application,the global skirted Hovercrafts Market can be divided into recreational, rescue, commercial,and military applications.
Product Definition:
Skirted Hovercrafts are a type of Hovercraft which use a skirt to create a seal between the craft and the surface it is travelling over. This allows them to travel over water, ice or other surfaces with little resistance. Skirted Hovercrafts are important for military and civilian applications as they can travel in difficult terrain where other vehicles cannot go.
Diesel Powered:
Diesel-powered Skirted hovercrafts are expected to witness significant growth over the forecast period. The primary factor attributing to their increased demand is their ability to operate in water as shallow as 1m depth, which is not possible with electric powered craft.
The diesel-powered hovercraft has a more powerful engine that provides better speed and acceleration than its counterpart.
Gasoline Powered:
Gasoline powered vehicles are motor vehicles that run on gasoline as a fuel. The internal combustion engine is the most common type of fuel-driven machine. It is used in almost all types of vehicles ranging from cars and trucks to motorcycles and bicycles. The gasoline-powered vehicle uses an IC engine which produces energy through the burning of gas, oil or other fuels.
Application Insights:
The recreational application segment accounted for the largest share of over 50.0% in 2017. The rising number of water sports activities and increasing spending on leisure travel are expected to drive the demand for these boats globally, especially in regions with warm climate such as Latin America and Asia Pacific. Rising disposable income levels among consumers is also likely to have a positive impact on market growth over the forecast period.
Rising demand for rescue hovercrafts from regional governments owing to increased funding requirements is expected to drive their sales globally, especially from 2018 To 2030 when compared with normal commercial vessels which are used by many agencies at lower cost thereby making them attractive options particularly in developing countries such as India, Indonesia etc., where operating costs are relatively high due to higher fuel prices etc., thus driving their global skirt ed hovercraft market growth during this period.
Regional Analysis:
North America dominated the global skirt hovercraft market in 2016 and is expected to continue its dominance over the forecast period. The presence of major players, favorable government regulations, availability of skilled labor and high demand for efficient rescue vehicles are some factors contributing to regional growth. Furthermore, rising offshore oil & gas exploration activities in North America are anticipated to increase marine transportation across water bodies which will further drive the product demand over the next eight years.
Asia Pacific region is projected to witness significant growth owing to increasing infrastructure development projects along with growing tourism sector especially in South East Asia countries such as Indonesia, Malaysia and Thailand. Increasing military operations across Asian countries such as India-Pakistan tensions have led authorities into using more helicopters for various purposes including search & rescue missions thereby driving product sales over next eight years.
Growth Factors:
- Increasing demand for transportation in the developing countries due to the rise in population and economic growth.
- The increasing trend of using hovercrafts for recreational activities such as tourism, racing, and fishing is expected to boost the market growth.
- Growing demand for skirted hovercrafts from military and defense sectors due to their features such as high speed, stealth operations, and low noise levels is anticipated to propel the market growth over the forecast period.
- Rising awareness about environmental benefits offered by skirted hovercrafts is projected to fuel their adoption over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Skirted Hovercrafts 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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Skirted Hovercrafts Market Report Segments:
The global Skirted 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
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 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:
- 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 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?
Skirted Hovercrafts are a type of hovercraft that have skirts attached to the bottom. This helps the hovercraft stay in place on the ground, making it easier for passengers to get off and onto the craft.
Some of the major players in the skirted hovercrafts 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.
The skirted 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 Skirted 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 Skirted Hovercrafts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Skirted 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 Skirted 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 Skirted Hovercrafts Market Size & Forecast, 2018-2028
4.5.1 Skirted Hovercrafts Market Size and Y-o-Y Growth
4.5.2 Skirted Hovercrafts Market Absolute $ Opportunity
Chapter 5 Global Skirted 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 Skirted 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 Skirted 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 Skirted Hovercrafts 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 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 Skirted 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 Skirted Hovercrafts Analysis and Forecast
9.1 Introduction
9.2 North America Skirted 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 Skirted 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 Skirted Hovercrafts 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 Hovercrafts Analysis and Forecast
10.1 Introduction
10.2 Europe Skirted 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 Skirted 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 Skirted Hovercrafts 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 Hovercrafts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Skirted 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 Skirted 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 Skirted Hovercrafts 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 Hovercrafts Analysis and Forecast
12.1 Introduction
12.2 Latin America Skirted 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 Skirted 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 Skirted Hovercrafts 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 Hovercrafts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Skirted 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) Skirted 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) Skirted Hovercrafts 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 Hovercrafts Market: Competitive Dashboard
14.2 Global Skirted 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 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
