AIR CUSHION VEHICLE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Key Developments

• In September 2023, Griffon Hoverwork is a leading manufacturer of hovercraft, specializing in the design, production, and maintenance of these innovative vehicles. introduced its latest Landing Craft Air Cushion, named The Wyvern. This new class of hovercraft offers swift and versatile transportation for military forces worldwide, useful for responding to conflicts, natural disasters, or emergencies.
• In July 2023, China revealed plans to construct a high-speed Zubr-class assault hovercraft capable of carrying tanks and troops, enhancing its maritime surveillance capabilities
• In September 2022, Hoverlink Ontario Inc. is a company that specializes in hovercraft technology and services. They focus on designing, manufacturing, and providing support for hovercraft, offering solutions for various industries and applications. unveiled a new passenger transportation service, aiming to shuttle passengers between Toronto and the Niagara region in just 30 minutes
• In April 2022, the Christy Hovercraft team successfully tested the Christy-7186 FC Deluxe model, now available for purchase
• In April 2022, Neoteric Hovercraft, Inc. is a leading manufacturer of hovercraft, specializing in the design, production, and distribution of innovative hovercraft technology. announced the launch of its latest model, the Hovertrek II, featuring Briggs & Stratton’s Vanguard BIG BLOCK 40.0 Gross HP EFI marine engine exclusively