Key vendors to focus on improving the maneuverability and increasing the payload
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global air-cushion vehicle market in their latest research report. This report also lists seven other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of the following devices through various sales of air-cushion vehicles globally.
This Technavio report, under the defense vertical, is based on the synthesis, analysis, and interpretation of information about the global air-cushion vehicle market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The global air-cushion vehicle market is highly competitive in nature owing to the presence of several vendors in the market space. The market consists of well-diversified international and small and medium-sized vendors. Players in the market compete with each other on the basis of cost, quality, reliability, and aftermarket service. Vendors are focusing on providing cost-effective and high-quality services to keep pace with the intense competition in the market. Some key focus areas of air-cushion vehicle vendors in the market are global footprint network, product offerings, investment in R&D, and a strong client base.
“Several new developments are being incorporated into the design of air-cushion vehicles to improve the maneuverability and increase the payload. Successive developments have improved their carrying capacity to up to 60-75 tons of payloads. Besides, the air-cushion technology enables the vehicle to reach over 70% of the global coastline, while the conventional landing crafts could access only 15% of the coastline,” says Moutushi Saha, a lead analyst at Technavio for research on lab equipment.
Top five vendors in the air-cushion vehicle market space
Aerohod
Aerohod engages in the in the design and manufacture of amphibious air-cushion vehicles. The company has delivered over 800 units of the air-cushion vehicles to customers ranging from government agencies including Russian Ministry of Defence, the Federal Security Service, the Ministry of Internal Affairs, Ministry of Emergency Situations to oil and gas companies like Gazprom and Rosneft.
Key products: A5 hovercraft (Hivus-6), A8 hovercraft (Hivus-10), A18 WIG-hovercraft (Tungus-18), A750 hovercraft, A25P hovercraft, and A32 hovercraft.
AirLift Hovercraft
AirLift Hovercraft is involved in the design and manufacture of small to medium-sized air-cushion vehicles. The company offers a wide range of services ranging from business planning to aftersales service of air-cushion vehicles. Furthermore, the company also offers consultancy services such as on-site evaluation and feasibility study, recommendations on route planning, assistance with training of crew, recommendations for operational safety procedures, and others.
Key products: Kaiman, Pioneer Mk3.1, Pioneer Mk3.5, and WildFire.
ALMAZ Shipbuilding Company
ALMAZ Shipbuilding Company specializes in the design and development of military and commercial ships and boats. The company also engages in all types of ship repair and refitting. The company is a member of St. Petersburg International Business Association (SPIBA).
Key products: Murena, Zubr, Rys, and Irbis.
Griffon Hoverwork
Griffon Hoverwork designs and develops hovercraft for commercial, military, rescue, and other applications. The company operates as a brand of the Bland Group. The air-cushion vehicles from Griffon Hoverwork are used for civilian transport, military, and lifeguard operations. The company has a worldwide client base and is supporting more than 200 landing crafts in over 41 countries. Its customers include military and rescue organizations like the Royal Marines, the Swedish Coast Guard, the Royal National Lifeboat Institution, the Pakistan Navy, the Polish Border Guard, the Korean Coast Guard, the Lithuanian State Border Guard Service, the Estonian Border Guard, and the Colombian Navy.
Key products: 380TD, BHT Series, 12000TD, 2400TD, BHT Series, 995ED, and 8100TD.
Textron Systems
Textron Systems designs, manufactures, and also provides support to light armored combat vehicles and advanced marine craft under its Marine and Land Systems business segment. The company’s client base includes the US Navy, the US Coast Guard, and other international customers. It operates as a subsidiary of Textron Systems. In FY2015, the company reported a revenue of almost $2 billion.
Key products: Landing Craft, Air Cushion (LCAC) and Ship-to-Shore Connector (SSC).
Other prominent vendors in this market include Bremed, EmsiG, iHealth, Jawon, KERN, Marsden, Mediagate, Medisana, Microlife, Qardio, and Withings.
A more detailed analysis is available in the Technavio report, Global Body Composition Analyzers Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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