- The key vendors in the Global Amphibious Landing Craft Market 2014-2018 are Griffon Hoverwork Ltd, L-3 Unidyne Inc., Marine Alutech Oy AB and Textron Inc.
London, 16 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Amphibious Landing Craft Market 2014-2018. Increased demand from emerging countries is one of the major trends upcoming in this market. The Defense sector in emerging countries is undergoing a phase of modernization, and these countries are investing heavily in technology that can enhance security. The Global Amphibious Landing Craft market is expected to grow at a CAGR of 0.13 percent during the forecast period of 2014-2018.
To safeguard a country from intruders, it is essential to maintain a unit that specializes in amphibious assaults. Advances in technology and changing customer needs have led to the production of advanced amphibious landing craft that can carry troops and equipment, and move on any terrain, without resulting in casualties.
“There has been increased demand for amphibious landing craft as they allow the maintenance of security at sea and on coastal areas during wars,” says Faisal Ghaus, Vice President of TechNavio Research.
“Violation of sea boundaries and threat posed by pirates to ships carrying cargo for trade have resulted in increased demand for national security and naval defense, which is contributing to the growth of the market.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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