Amphibious Aircraft Market Growth Status, CAGR Value and Emerging Trends

Praj Nene

Amphibious Aircraft Market Growth Status, CAGR Value and Emerging Trends

The global amphibious aircraft market size is expected to experience exponential growth by reaching USD 358.1 million by 2028 while exhibiting an impressive CAGR of 11.71% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Amphibious Aircraft Market, 2021-2028.”, mentions that the market stood at USD 159.2 million in 2020. Factors such as the increasing demand for amphibious aircraft for commercial purposes and the growing demand for lightweight seaplanes is projected to favor the market’s demand during the forecast period. For instance, in October 2020, the first-ever seaplane service was launched in India that is operational between Ahmedabad and Kevadia.

The amphibious aircraft market has been experiencing significant growth in recent years due to the increasing demand for air transportation in remote areas with limited access to traditional airports and runways. Amphibious aircraft can land on both water and land, making them ideal for transporting people and goods to areas where traditional aircraft cannot access. The market is also driven by the growing popularity of adventure tourism and water-based activities such as fishing and rescue operations, which require aircraft capable of landing on water. The increasing demand for eco-tourism and environmental research has also contributed to the growth of the amphibious aircraft market. The market is highly competitive, with several key players investing in R&D to develop advanced and efficient aircraft that meet the growing demand for amphibious aircraft. Overall, the amphibious aircraft market presents numerous growth opportunities for businesses looking to expand their presence in the aviation industry.

List of the Companies Operating in the Global Market for Amphibious Aircraft:

Aviat Aircraft, Inc. (The U.S.)
AVIC (China)
Beriev Aircraft Company (Russia)
Bombardier (Canada)
Dornier Seawings GmbH (Germany)
Glasair Aviation (The U.S.)
ICON Aircraft, Inc. (The U.S.)
ShinMaywa Industries, Ltd. (Japan)
Textron Inc. (The U.S.)
VIKING Air Ltd. (Canada)

Market Segmentation:

We have segmented the market based on engine, application, seating capacity, and region.

On the basis of engine, the market is divided into piston and turboprop. Based on application, the market is categorized into civil and military. Furthermore, on the basis of seating capacity, the market is segregated into less than 10 and more than 10.Based on seating capacity, the less than 10 segment is expected to hold the largest global amphibious aircraft market share during the forecast period. This is attributable to the increasing demand for lightweight seaplanes for commercial purposes such as firefighting, maritime monitoring, and ambulance. Lastly, on the basis of region, the market is bifurcated into North America, Europe, Asia-Pacific, and Rest of the World.

Information Source -

https://www.fortunebusinessinsights.com/amphibious-aircraft-market-105019

What does the Report Include?

The global market for amphibious aircraft reports provides in-depth analysis and focuses on the key aspects such as seaplanes product type, key players, applications, engine type, and seating capacity. Furthermore, the report offers insights on market trends, competitive landscape, competition, product pricing, market status, and highlights key industry developments by adopting several research methodologies. It also includes several direct and indirect factors that have contributed to the growth of the market over recent years.

DRIVING FACTORS

Increasing Demand for Seaplanes for Commercial Purposes to Augment Growth

In December 2020, Sydney Seaplanes announced its collaboration with electric aviation company, magniX and Dante Aeronautical, to convert a Cessna Caravan into the first-ever all-electric aircraft. The growing demand for amphibious aircraft for commercial applications such as transportation, sea tourism, search and rescue operation, and others has propelled the companies to innovate their products. Moreover, the growing application of seaplanes in several government operations is expected to boost the global amphibious aircraft market growth in the forthcoming years. For instance, Russia has in its repository Be-200 amphibious seaplanes capable of handling several firefighting missions.

REGIONAL INSIGHTS

North America – The region is expected to hold the highest position in the global amphibious aircraft market during the forecast period. This is attributable to the high defense spending by countries such as the U.S. that will boost the adoption of advanced amphibious aircraft for several military applications in the region. North America stood at USD 58.0 million in 2020.

Europe – The market in the region is expected to showcase exponential growth backed by the presence of established players such as Dornier Seawings GmbH, Beriev Aircraft, and others that are proactively focusing on introducing new seaplanes in the region between 2021 and 2028.

COMPETITIVE LANDSCAPE

Major Companies Focus on Investment in R&D Activities to Strengthen Their Market Positions

The global market for amphibious aircraft is consolidated by prominent companies focusing on investing in the development of advanced seaplanes to cater to the growing industrial demand. Additionally, adoption of organic and inorganic strategies by other key players to gain a major chunk of the market share is projected to bode well for the market growth during the forecast period.

Industry Development

December 2020 - ICON Aircraft, Inc. announced the development of a new avionics solution for its A5 light sport aircraft (LSA) amphibious aircraft. The company reports that the airplane includes a seven-inch Garmin G3X touchscreen display, along with two-axis autopilot feature.

Praj Nene

Forecasting the Amphibious Aircraft Market Landscape: 2023-2029

Aishwarya Bhasme 2023-10-16

This information can be used to make more informed decisions about the current and future state of the global Amphibious Aircraft market. com/request-sample/184800 Amphibious Aircraft Market Scope The report focuses on the key factors that are driving and restraining the growth of the Amphibious Aircraft market, as well as the competitive landscape and future prospects. The Quest Kodiak is one instance of a fixed-wing amphibious aircraft with strong Amphibious Aircraft Market demand. What are the major challenges that the Amphibious Aircraft Market could face in the future? What growth strategies are the players considering to increase their presence in Amphibious Aircraft Market?

Amphibious Aircraft Market Top Companies 2028

Praj Nene 2023-06-12

The global amphibious aircraft market size is expected to experience exponential growth by reaching USD 358. Fortune Business Insights in its latest report, titled, “Amphibious Aircraft Market, 2021-2028. The amphibious aircraft market is a niche segment of the aviation industry that caters to customers who require aircraft that can operate both on land and water. List of the Companies Operating in the Global Market for Amphibious Aircraft:Aviat Aircraft, Inc. announced the development of a new avionics solution for its A5 light sport aircraft (LSA) amphibious aircraft.

Amphibious Aircraft Market 2022 Major Key Players and Industry Analysis Till 2030

Suman Singh 2023-10-06

The global Amphibious Aircraft Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2022-2030. The major players in the Amphibious Aircraft market include Aviat Aircraft Inc. Get more information on "Global Amphibious Aircraft Market Research Report" by requesting FREE Sample Copy at https://www. Browse Global Amphibious Aircraft Market Research Report with detailed TOC at https://www. Purchase Complete Global Amphibious Aircraft Market Research Report at https://www.

Amphibious Aircraft Market, 2021-2028

FBI 2022-01-03

The global amphibious aircraft market size is expected to experience exponential growth by reaching USD 358. Fortune Business Insights in its latest report, titled, “Amphibious Aircraft Market, 2021-2028. Based on seating capacity, the less than 10 segments is expected to hold the largest global amphibious aircraft market share during the forecast period. Moreover, the growing application of seaplanes in several government operations is expected to boost the global amphibious aircraft market growth in the forthcoming years. com/amphibious-aircraft-market-105019

Global Amphibious Aircraft Market Research Report 2021

Shubham Jadhav 2021-02-18

Global Amphibious Aircraft Market research report includes specific segments by region (country), by manufacturers, by Type and by Application.

Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027.

Understanding the segments helps in identifying the importance of different factors that aid the market growth.Segment by Type Fixed WingRotary WingReport Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-amphibious-aircraft-2021-105 Segment by Application CivilianMilitaryBy Company Vickers Aircraft CompanyMVP AeroDornier SeawingsAero AdventureBeriev AircraftNP korporatsiya Irkut PAOEquator Aircraft NorwayFAULHABERatolavionShinMaywa IndustriesProduction by Region North AmericaEuropeChinaJapanConsumption by Region North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EGet the Complete Report & TOC at https://www.24marketreports.com/manufacturing-and-construction/global-amphibious-aircraft-2021-105CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/24-market-reports

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olivia jones 2022-05-20

The new report by Expert Market Research titled, ‘Global Amphibious Vehicle Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global amphibious vehicle market, assessing the market based on its segments like propulsions, applications, end-uses, and major regions. 71 BillionThe rise in the global market for amphibious vehicles can be associated with the rising applications of amphibious vehicles in major military and defence applications. Various commercial applications of amphibious vehicles including its utility in water transportation and water sports activities is boosting the growth of the market. Latest News on Amphibious Vehicle Market: https://www. comToll Free Number: US +1-415-325-5166 | UK +44-702-402-5790Address: 30 North Gould Street, Sheridan, WY 82801, USACity: SheridanState: WyomingCountry: United StatesWebsite: https://www.

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