The global amphibious aircraft market size is expected to experience exponential growth by reaching USD 358.1 million by 2028 while exhibiting an impressive CAGR of 11.71% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Amphibious Aircraft Market, 2021-2028.”, mentions that the market stood at USD 159.2 million in 2020.

The amphibious aircraft market is a niche segment of the aviation industry that caters to customers who require aircraft that can operate both on land and water. These aircraft are designed to take off and land on both land-based runways and water-based bodies such as lakes, rivers, and oceans.

List of the Companies Operating in the Global Market for Amphibious Aircraft:

• Aviat Aircraft, Inc. (The U.S.)
• AVIC (China)
• Beriev Aircraft Company (Russia)
• Bombardier (Canada)
• Dornier Seawings GmbH (Germany)
• Glasair Aviation (The U.S.)
• ICON Aircraft, Inc. (The U.S.)
• ShinMaywa Industries, Ltd. (Japan)
• Textron Inc. (The U.S.)
• VIKING Air Ltd. (Canada)

Information Source -

https://www.fortunebusinessinsights.com/amphibious-aircraft-market-105019

Market Segmentation:

We have segmented the market based on engine, application, seating capacity, and region.

On the basis of engine, the market is divided into piston and turboprop. Based on application, the market is categorized into civil and military. Furthermore, on the basis of seating capacity, the market is segregated into less than 10 and more than 10.Based on seating capacity, the less than 10 segment is expected to hold the largest global amphibious aircraft market share during the forecast period. This is attributable to the increasing demand for lightweight seaplanes for commercial purposes such as firefighting, maritime monitoring, and ambulance. Lastly, on the basis of region, the market is bifurcated into North America, Europe, Asia-Pacific, and Rest of the World.

What does the Report Include?

The report on the global market for amphibious aircraft offers comprehensive analysis, with a focus on key aspects such as product type, applications, engine type, seating capacity, and key players. The report provides valuable insights into market trends, competitive landscape, pricing, market status, and key industry developments by utilizing various research methodologies. It also takes into account both direct and indirect factors that have contributed to the market's growth in recent years.