The article cited AMA's Global Light Hovercraft Market Study explored substantial growth with CAGR of 14.1%. According the report, Diesel Engines are Replacing Gas-Turbine Engines Due To Relatively Less Environmental Hazards They Cause is one of the primary growth factors for the market. Allows Access in Relatively Harsh Conditions and Environmentally Sensitive Areas that Helicopters or Boats Cannot Reach is also expected to contribute significantly to the Light Hovercraft market. Overall, National Parks Service applications of Light Hovercraft, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Neoteric Hovercraft, Inc. (United States), Universal Hovercraft of America, Inc (United States), Meyer Neptun Group (Germany), Aerohod Ltd. (Russia), Airlift Hovercraft Pty Ltd (Australia), Bland Group (Gibraltar), Garden Reach Shipbuilders & Engineers (GRSE) (India), Hovertechnics (United States), ABS Hovercraft (United Kingdom) and The British Hovercraft Company (United Kingdom) may see astonishing sales in this Market and certainly improve revenue growth.

The Design Type, such as Skirted hovercraft, is boosting the Light Hovercraft market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Light Hovercraft market identified that the demand is rising in many different parts of the world as "Ownership Costs Reduced Since The Craft Has Better Mileage than a Boat ". Furthermore, some recent industry insights like "In June 2023, The Jurong shipyard of Singapore Shipbuilding & Engineering Ltd. (SSE) recently launched the first domestically built vessel of a new missile corvette (MCV) class for the Republic of Singapore Navy. Christened the RSS Valour, the 203-foot vessel will be powered by four MTU diesel engines to speeds more than 30 knots. Her hull is constructed of light gauge steel and her superstructure of marine grade aluminum alloy." is constantly making the industry dynamic. One of the challenges that industry facing is "Success of Hovercraft Market Highly Depends on Fuel Prices"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Light Hovercraft market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Light Hovercraft market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Light Hovercraft market tight?
• Which application/end-user category or Product Type [Diesel Power, Gas Power and Other] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Light Hovercraft market and other related sub-markets covered in the study.

o Key & emerging players in the Light Hovercraft market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Light Hovercraft market size is calculated using market estimation process, the Light Hovercraft market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Light Hovercraft market size has been validated using both top-down and bottom-up approaches.