Global Amphibious Aircraft Market 2019-2023
- November 2018 •
- 103 pages •
- Report ID: 5628436 •
- Format: PDF
The modernization of incorporated technologies has enabled seaplanes to conduct a variety of operations. They can be deployed as effective force multipliers on a multitude of missions. Also, they can 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 essential for long-range visit, search, board, and seizure operations to frustrate small arms and drugs trafficking, poaching, illegal human migration, and toxic cargo dumping. Thus, the growing concerns in maritime security will drive demand for amphibious aircraft which, in turn, will drive the amphibious aircraft market growth during the forecast period.
Growing concerns in maritime security
Besides being a widely-used platform for transport, oceans are integral to the world economy for the numerous tangible and intangible resources they provide. Maritime piracy and armed robberies are two major hindrances that impact global maritime trade and security. Hence, order and security in the high seas can be considered as one of the core pillars for sustainable wealth generation.
An aircraft is designed to be aerodynamic to achieve and sustain flights. A slight crosswind requires numerous fractional changes to be made by the pilot when landing an aircraft. This is to account for several minor fluctuations that crosswinds create in the aircraft’s heading while approaching a runway.
For the detailed list of factors that will drive and challenge the growth of the amphibious aircraft market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including American Champion Aircraft and BERIEV Aircraft Company the competitive environment is quite intense. Factors such as the growing concerns in maritime security and modernization of incorporated technologies, will provide considerable growth opportunities to amphibious aircraft manufactures. American Champion Aircraft, BERIEV Aircraft Company, Progressive Aerodyne, Quest Aircraft, and Textron Aviation are some of the major companies covered in this report.