Air Cushion Vehicle Market, By Type, By Application, By Geography

PUBLISHED: February 25, 2025

PAGES: 167 Pages

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Description

Global Air Cushion Vehicle Market is estimated to be valued at USD 133.3 Mn in 2025 and is expected to reach USD 185.3 Mn by 2032, growing at a compound annual growth rate (CAGR) of 4.8% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 133.3 Mn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	4.80%	2032 Value Projection:	USD 185.3 Mn

Figure. Air Cushion Vehicle Market Share (%), By Region 2025

The air cushion vehicle market refers to vehicles that use positive pressure to travel over land and sea. Also known as hovercrafts, they have multiple skirt attached to the sides that produce air pressure, making them hover above the ground or water surface without touching it. Benefits like the ability to travel over almost any terrain including marshy areas or sand, high speed, maneuverability, and amphibious capability have made them suitable for both commercial and military purposes like coastal patrol, search and rescue operations, and recreation. In recent years, advancements in engines, material science, and design have improved the fuel efficiency, payload capacity, and overall performance of air cushion vehicles. This is expected to further drive the demand in industrial as well as leisure applications going forward.

Market Dynamics:

The air cushion vehicle market is expected to grow at a steady rate over the next decade owing to various drivers such as increasing defense spending on coastal surveillance, growing demand for amphibious vessels for transportation, emergency response, and tourism. Military superpowers like the U.S., Russia, and China are investing in these vessels for missions in coastal regions. Meanwhile, companies are developing new designs with improved fuel efficiency and control systems to promote their adoption for commercial passenger transport. However, high manufacturing and operational costs pose a major challenge. Also, availability of alternative amphibious vehicles like air boats act as a restraint. Nevertheless, ongoing R&D towards developing electric and hybrid-electric air cushion vehicles offer lucrative opportunities in the coming years by addressing the issues of noise, emissions, and energy-efficiency.

Key Features of the Study:

This report provides an in-depth analysis of the global air cushion vehicle market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2025-2032), considering 2024 as the base year

It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global air cushion vehicle market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Aerohod, ALMAZ, Griffon Hoverwork, Christy Hovercraft, China Hovercraft Ltd, Neoteric Hovercraft, The British Hovercraft Company, Jedy Hovercraft, Hovertechnics, Viper Hovercraft, Mariah Hovercraft, Vanair Hovercraft, Mercier-Jones, and Hoverstream

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global air cushion vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global air cushion vehicle market

Market Segmentation

By Type
- Amphibious Air-cushion Vehicles
- Sidewall Air-cushion Vehicles
By Application
- Recreational
- Rescue
- Commercial
- Military
By Regional
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Players Insights
- Aerohod
- ALMAZ
- Griffon Hoverwork
- Christy Hovercraft
- China Hovercraft Ltd
- Neoteric Hovercraft
- The British Hovercraft Company
- Jedy Hovercraft
- Hovertechnics
- Viper Hovercraft
- Mariah Hovercraft
- Vanair Hovercraft
- Mercier-Jones
- Hoverstream

Product Code: CMI6974

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of the COVID-19 Pandemic

4. Global Air Cushion Vehicle Market, By Type, 2020-2032, (US$ Million)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
Amphibious Air-cushion Vehicles
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Million)
Sidewall Air-cushion Vehicles
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Million)

5. Global Air Cushion Vehicle Market, By Application, 2020-2032, (US$ Million)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
Recreational
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Million)
Rescue
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Million)
Commercial
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Million)
Military
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Million)

6. Global Air Cushion Vehicle Market, By Region, 2020-2032, (US$ Million)

Introduction
- Market Share Analysis, By Region, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
North America
- Regional Trends
- Market Size and Forecast, By Type, 2020-2032, (US$ Million)
- Market Size and Forecast, By Application, 2020-2032, (US$ Million)
- Market Size and Forecast, By Country, 2020-2032, (US$ Million)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Type, 2020-2032, (US$ Million)
- Market Size and Forecast, By Application, 2020-2032, (US$ Million)
- Market Size and Forecast, By Country, 2020-2032, (US$ Million)
  - U.K.
  - Germany
  - Italy
  - France
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type, 2020-2032, (US$ Million)
- Market Size and Forecast, By Application, 2020-2032, (US$ Million)
- Market Size and Forecast, By Country, 2020-2032, (US$ Million)
  - China
  - India
  - ASEAN
  - Australia
  - South Korea
  - Japan
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Type, 2020-2032, (US$ Million)
- Market Size and Forecast, By Application, 2020-2032, (US$ Million)
- Market Size and Forecast, By Country, 2020-2032, (US$ Million)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Type, 2020-2032, (US$ Million)
- Market Size and Forecast, By Application, 2020-2032, (US$ Million)
- Market Size and Forecast, By Country, 2020-2032, (US$ Million)
  - GCC Countries
  - South Africa
  - Rest of the Middle East & Africa

7. Competitive Landscape

Company Profiles
- Aerohod
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- ALMAZ
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Griffon Hoverwork
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Christy Hovercraft
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- China Hovercraft Ltd
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Neoteric Hovercraft
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- The British Hovercraft Company
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Jedy Hovercraft
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Hovertechnics
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Viper Hovercraft
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Mariah Hovercraft
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Vanair Hovercraft
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Mercier-Jones
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Hoverstream
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates