Global Military Hovercraft Market

Global Military Hovercraft Market Overview

• The Global Military Hovercraft Market Size is expected to grow from USD 104.56 million in 2023 to USD 157.71 million by 2033, at a CAGR of 4.20% during the forecast period 2023-2033.
• Military hovercraft are amphibious vehicles that can go across ice, water, and land thanks to air cushioning. Their main functions are amphibious assaults, logistics, and troop transportation.
• The demand for hovercraft in defense operations is driven by its amphibious capabilities, rising geopolitical tensions, technological advancements in propulsion systems, lightweight materials, and stealth technology, modernization of naval forces, and their utility in disaster response and humanitarian aid.
• Beyond their use in combat, hovercraft is prized for their capacity to reach isolated or disaster-affected regions.

Major vendors in the global military hovercraft market 

Griffon Hoverwork Ltd, Textron Systems Corporation, Aerohod, Almaz Shipbuilding Company, BAE Systems, CNIM Group, The British Hovercraft Company, Navantia, TsNIIMASH, Universal Hovercraft, and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisor has segmented the military hovercraft market based on the below-mentioned segments:

Global Military Hovercraft Market, By Type

• Diesel Power Type
• Gas Power Type
• Electric Power Type
• Hybrid Power Type

Global Military Hovercraft Market, By Application

• Defense
• Homeland Security
• Disaster Relief
• Search & Rescue

Global Military Hovercraft Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa