Market Share of Amphibious Aircraft Industry
The market is semi-consolidated and occupied by major players catering to market needs due to the high economics involved in this business. Aviation Industry Corporation of China (AVIC), ShinMaywa Industries Ltd, United Aircraft Corporation, Dornier Seawings GmbH, and Viking Air Ltd are the prominent companies that are expected to occupy significant market shares during the forecast period.
Various initiatives and product innovations by companies have led them to strengthen their presence in the market. Multiple alliances have been witnessed in the market to produce aircraft that cater to military and civil amphibious aircraft needs for different countries. In January 2022, Dornier Seawings bolstered its position in the amphibious aircraft market by acquiring the Flywhale aircraft project from Uniplanes GmbH. The acquisition included the Flywhale FW650. The Flywhale FW 650, a two-seater amphibious light sports composite aircraft, was closely aligned with Dornier Seawings' design ethos, notably seen in the Dornier Seastar CD2. This strategic move enhanced Dornier Seawings' product portfolio and consolidated its technological and production capabilities, solidifying its competitive stance in the amphibious aircraft market.
Amphibious Aircraft Market Leaders
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Aviation Industry Corporation of China (AVIC)
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Viking Air Ltd.
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United Aircraft Corporation
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ICON Aircraft, Inc.
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Dornier Seawings GmbH
*Disclaimer: Major Players sorted in no particular order
