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Amphibious Aircraft Market by Application and Geography - Forecast and Analysis 2021-2025

Amphibious Aircraft Market by Application and Geography - Forecast and Analysis 2021-2025

Published: Jan 2021 120 Pages SKU: IRTNTR46676

The amphibious aircraft market size has the potential to grow by USD 40.78 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.75%. 

This report provides a detailed analysis of the market by application (military and civil), geography (North America, Europe, APAC, South America, and MEA), and key vendors. 

Market Overview

Amphibious-Aircraft-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Aero Adventure LLC
  • American Champion Aircraft Corp.
  • Aviat Aircraft Inc.
  • DAHER
  • Dornier Seawings GmbH
  • ICON Aircraft Inc.
  • ShinMaywa Industries Ltd.
  • Textron Aviation Inc.
  • United Aircraft Corp.
  • Viking Air Ltd.

 

The amphibious aircraft market is fragmented and the vendors are deploying growth strategies such as technological advancemnets to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as growing concerns in maritime security to achieve growth opportunities. However, factors such as design restraints will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the amphibious aircraft market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This amphibious aircraft market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Amphibious Aircraft Market: Key Drivers and Trends

  • Maritime piracy and armed robberies are two major hindrances that impact global maritime trade and security. 
  • Thus, order and security in the high seas can be considered as one of the core pillars for sustainable wealth generation. 
  • The modernization of incorporated technologies has enabled seaplanes to conduct a variety of operations. 
  • They can be deployed as an effective force multipliers on a multitude of missions.
  • They can also be used on long-duration missions for providing fleet logistics support to vessels and to ferry spares and maintenance personnel directly to the affected ship.
  • Amphibious aircraft are efficient, effective, and economic options for ensuring safe and secure seas, and these traits are expected to enhance their procurement by countries looking to strengthen their naval capabilities and reach. 
  • Thus, growing concerns in maritime security will drive the amphibious aircraft market growth during the forecast period.
  • Augmented role in firefighting is one of the key trends which will drive the growth of the market during the forecast period.
  • A wildfire is described as an unplanned and uncontrolled fire that is generally sparked by natural causes such as lightning or by human activities such as recreational camping and smoking.
  • Further, the integration of the special high-speed water scooping system (SWSS) is expected to widen the area over which an aircraft can drop its water payload by deploying a method called controlled flow rate technology.
  • Besides quick deployment, amphibious aircraft can refill their water tanks by flying along the surface of a body of water and use both freshwater and seawater.
  • Hence, strategic international cooperation for deploying amphibious aircraft has been proposed for containing wildfires by both the Russian Federation’s Ministry of Affairs for Civil Defense, Emergencies and Elimination of Consequences of Natural Disasters (EMERCOM), and the US Federal Emergency Management Agency (FEMA). 

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Amphibious Aircraft Market: Segmentation by Geography

Amphibious-Aircraft-Market-Market-Share-by-Region-2020-2025

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25% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for amphibious aircraft in North America. However, market growth in this region will be slower than the growth of the market in APAC, MEA, and South America.

The growth in air travel is one of the prime factors that will facilitate the amphibious aircraft market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Amphibious Aircraft Market: Segmentation by Application

Amphibious-Aircraft-Market-Market-Share-by-Application-2020-2025

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Amphibian aircraft operations can bring the remotest parts of a country into the mainstream aviation network without involving high costs in building airports and runways. Modern civil operators are increasingly adopting the concept of connected aircraft. Existing players are extensively involved in manufacturing modern airplanes that provide safety features similar to commercial airliners. Therefore the growth of the market segment is expected to be significant during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the amphibious aircraft market size Fetch actionable market insights on post COVID19 impact on each segment.   

 

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Amphibious Aircraft Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive amphibious aircraft market growth during the next five years
  • Precise estimation of the amphibious aircraft market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the amphibious aircraft industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of amphibious aircraft market vendors

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Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Amphibious Aircraft market growth will increase by 40.78 million during 2020-2025.

The Amphibious Aircraft market is expected to grow at a CAGR of 2.75% during 2020-2025.

Amphibious Aircraft market is segmented by Application( Military, Civil) Geographic( North America, Europe, APAC, South America, MEA)

Aero Adventure LLC, American Champion Aircraft Corp., Aviat Aircraft Inc., DAHER, Dornier Seawings GmbH, ICON Aircraft Inc., ShinMaywa Industries Ltd., Textron Aviation Inc., United Aircraft Corp., Viking Air Ltd. are a few of the key vendors in the Amphibious Aircraft market.

North America will register the highest growth rate of 25.12% among the other regions. Therefore, the Amphibious Aircraft market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

US, China, France, Russian Federation, UK

  • Growing concerns in maritime security is the driving factor this market.

The Amphibious Aircraft market vendors should focus on grabbing business opportunities from the Military segment as it accounted for the largest market share in the base year.