The Key Players Global Amphibious Landing Craft Market 2016-2020, According to a New Study on ASDReports
The report, now available on ASDReports, recognizes the following companies as the key players in the Global Amphibious Landing Craft Market: Griffin Hoverwork, L-3 Unidyne, Textron 47, Marine Alutech and Almaz
Other Prominent Vendors in the market are: Abu Dhabi Shipbuilding Company, Garden Reach Shipbuilders and Engineers, Goa Shipyard, and General Dynamics NASSCO.
Global Amphibious Landing Craft Market 2016-2020
Commenting on the report, an analyst said: “The market is fragmented because of the presence of numerous established manufacturers and a significant number of small and medium-sized vendors. These vendors are working to develop more advanced landing craft in line with the increased spending by developed countries such as the US to enhance their maritime security, military intelligence, and surveillance.”
According to the report, there is an increase in the demand for landing craft because of their wide application in civil and military forces. Among end-users, military forces account for 80% of the market, with civil users accounting for the remaining share. Landing craft provide a number of benefits in military operations, such as in the transportation of armored vehicles and troops, as well as the carrying out of humanitarian missions and relief work. There has been an increased utilization of large amphibious ships in military operations.
Further, the report states that landing craft operations are facing difficulties with the adoption of technologies, as they become obsolete within a short span of time. The challenges associated with the introduction of new technology include prohibitive costs, technology risk driven by certification requirements, and the need for employees with technological expertise.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source : ASDReports - Market Research - view original press release