Key vendors are using 3D printing to design and manufacture of AAV parts and components
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 amphibious assault vehicle market in their latest research report. This report also lists 5 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 amphibious assault vehicle to different regions.
This Technavio report, under defense vertical, is based on the synthesis, analysis, and interpretation of information about the global amphibious assault 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.
Click here to request a free sample of this report
Competitive vendor landscape
The global amphibious assault vehicle market is highly competitive, and the players compete on the basis of cost, product quality, reliability, and aftermarket service. Increasing investment for research and development and growth in the economies will help in the progress of the defense sector and will provide new opportunities to companies to introduce innovative products in the market. In-house manufacturing capabilities, product offerings, global footprint network, R&D investments, newer technologies, and strong client base will help the companies to expand their market share and gain a competitive advantage over other players. Manufacturers are focusing on using latest technologies and superior materials to offer cost-effective and high-quality AAVs and to attract a larger consumer base.
“Companies are using 3D printing to create and design innovative products. This innovative printing method allows cost-efficient and just-in-time (JIT) manufacturing of parts. It also permits quick design and rapid changes of internal features in the AAV. This technology is used for the design and production of various components that include naval vehicles, aircraft airframes, rocket engines, missile fins, and their guidance systems,” says Arushi Thakur, a lead analyst at Technavio for research on defense.
Top five vendors in the amphibious assault vehicle market space
BAE Systems
The company was founded followed by a merger between the defense arm of General Electric, Marconi Electronic Systems, and British Aerospace. It offers products with rugged durability and superior mobility for transporting troops and cargo from ship to shore. Recently, it was awarded a contract by the US Marine Corps to develop prototypes of ACV, which would replace the aging AAVs.
Key products: Ocean LPH and Terrier armored digger combat engineering vehicle (CEV).
General Dynamics
General Dynamics provides services and products to aerospace and defense businesses across the globe. The company has developed several unique methodologies in the areas of the tank and vehicle upgrades, up-armoring of light vehicles, development of combat engineering equipment, and modernization of artillery systems. It also designs and manufactures business-jet aircraft and provides maintenance, repair, and aircraft management services.
Key products: M1A1 Abrams tank and M93 Fox NBC armored reconnaissance vehicle.
Lockheed Martin
The company offers production, supply, and R&D of advanced technology systems, products, and services to global defense and aerospace industries. It designs and develops a range of manned, unmanned, transport, and combat vehicles. The vehicles are rugged and high-tech, and they offer proven and intelligent capabilities for the users.
Key products: C-130 Hercules amphibious aircraft and DUKW amphibious combat vehicle (ACV).
Northrop Grumman
The company offers systems, products, and solutions focusing on aerospace, electronics, information systems, and technical services to the government and commercial customers worldwide. It also provides navigation solutions, tactical vehicle and sustainment-level maintenance, combat equipment maintenance, tactical logistics support planning, repair parts supply and management services, and operations staffing for different classes of armored land vehicles.
Key products: LHD Wasp-class amphibious assault ship and America-class amphibious assault ship.
Thales
Thales provides solutions primarily to the aerospace and defense industries across the globe. It has developed military land vehicles such as Recce, infantry carrier, combat support, and recovery transport vehicles. It also supplies systems, equipment, and tools that help the land forces, across the world to gain and to maintain operational superiority.
Key products: Hawkei LPV and Mistral-class amphibious assault ship.
Other prominent vendors in this market include Iveco, Mitsubishi Heavy Industries (MHI), Oshkosh Defense, Rheinmetall MAN Military Vehicles GmbH, and Science Applications International Corporation (SAIC).
A more detailed analysis is available in the Technavio report, Global Amphibious Assault Vehicle Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
To read more press releases- click here.
Browse related reports:
- Global Anti-Tank Missile System Market 2016-2020
- Global Military Mobile Computing Systems Market 2016-2020
- Global Transmission Systems for Marine Applications 2016-2020
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
