Fleet
is used in the war to safeguard coastline of nation from intruders
thus maintaining a freedom of trade. For safeguarding country’s
coastline, it is important to maintain a separate unit of troops and
equipment that specialize in amphibious assaults. Conventionally,
traditional landing craft were used to carry equipment and troops
from fleet or from big ships to the beach or to the warzone. With
changing demand, this industry witnessed production of advanced
landing craft that move on several types of terrain, and helped in
carrying the equipment and troops directly to the warzone without
causing any additional casualties.
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Over
the last five decades, the primary aspects influencing amphibious
operations have changed, and these have had a bearing on the design
of amphibious ships. For instance, the ability of shore-based coastal
defense has augmented by several magnitudes. The design of modern
amphibious ships has been driven by the need to meet the stringent
government conditions.
North
America continues to be the biggest market for amphibious landing
crafts, air Cushion Market. However, Middle East, and APAC region are
expected to observe highest growth for the market in near future.
Additionally, Gulf Region and Central Asia are the most attractive
markets for foreign shipbuilding companies owing to easier access to
the market and projected execution of different naval procurement
projects.
Amphibious
landing craft, air cushion are used in Military applications and
Commercial Application. The global amphibious landing craft, air
cushion market is expected to experience a significant growth in
landing craft mechanized segment for military applications in the
forecast period. The growth would be mainly driven by increase in
demand for smaller and faster landing craft in certain regions such
as APAC, Middle East and the Latin America. Moreover, defense forces
from these regions are undergoing through modernization phase and
thus are further expected to boost market in near future.
U.S.
is expected to witness decrease in revenue from military application
owing to the reduced spending by the U.S. government on landing craft
procurement in the next five years. Commercial applications are
anticipated to fuel the U.S. market owing to use of landing craft for
commercial purposes. The market in Asia pacific is expected to boost
owing to amid simmering tensions in East Asia over a series of
sovereignty disputes at sea, where new, unpredictable bouts of
escalation have increased. Moreover, China has continued to build up
the capabilities which in turn has force nation such as India,
Russia, and Japan to build theirs.
The
latest addition to this growing arsenal Landing Craft Air Cushion
(LCAC) vehicle, world’s largest amphibious vehicle reached
Guangzhou and is expected to be in service soon. Arms transfer
regulation and budgetary constraints are the key challenge for this
industry. Additionally, political scenario across the nation is also
one of the factors constraining the growth of this market.
Some
of the major players in the Amphibious Landing Craft, Air Cushion
market include Textron Marine and Land Systems, CNIM, Griffon
Hoverwork Limited, Abu Dhabi Shipbuilding Company, GSL, Almaz
Shipbuilding, Moyre Shipyard, L-3 Communication, Marine Alutech, and
Strategic Marine among others.
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