Zion Market Research Global Amphibious Land Craft Market, 2016–2024 | Page 3

Amphibious Land Craft Market Global Amphibious Land Craft Market: Growth Factors The amphibious land craft market is a growing market owing to factors such as growing security concerns for protecting the seaborne trade activities, increasing investments made by the government, and rising demand for smaller and faster landing craft for defense and military purposes. Due the numerous benefits relating to the air cushion technology, it is widely used for civil and military applications. The land craft mechanized segment is attracting more investments though there is a general decrease in the defense budget. The land craft market is not only growing due to its military applications but also gaining a market hold due to its commercial applications. However there are factors affecting the growth of this market which include strict regulations on arms transfer and budgetary constraints. Request Report TOC (Table of Contents) @ https://www.zionmarketresearch.com/toc/amphibious-land-craft-market Global Amphibious Land Craft Market: Regional Analysis The largest share in the amphibious land craft market is held by the North American region. This can be attributed to the growing demands for air cushion and amphibious landing craft for commercial applications in the US and Canada Other regions showing a substantial growth are Europe, Asia Pacific and Middle East and Africa. Following North America in its growth will be Middle East and Africa and Asia Pacific. Their emergence in the market can be attributed to the rapid modernization, increasing investments, and rising cases of piracy especially in the Suez Canal, Gulf of Aden, the Arabian Sea and the Red Sea which has