Global Ground-effect Vehicle Market Growth 2025-2031

The global Ground-effect Vehicle market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

A ground-effect vehicle (GEV), also called a wing-in-ground-effect (WIG), ground-effect craft, wingship, flarecraft or ekranoplan, is a vehicle that is able to move over the surface by gaining support from the reactions of the air against the surface of the earth or water. Typically, it is designed to glide over a level surface (usually over the sea) by making use of ground effect, the aerodynamic interaction between the moving wing and the surface below. Some models can operate over any flat area such as frozen lakes or flat plains similar to a hovercraft.

United States market for Ground-effect Vehicle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Ground-effect Vehicle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Ground-effect Vehicle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Ground-effect Vehicle players cover Universal Hovercraft, REGENT, Wing Ship Technology Corporation, RDC Aqualines, Brittany Ferries, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Ground-effect Vehicle Industry Forecast” looks at past sales and reviews total world Ground-effect Vehicle sales in 2024, providing a comprehensive analysis by region and market sector of projected Ground-effect Vehicle sales for 2025 through 2031. With Ground-effect Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ground-effect Vehicle industry.

This Insight Report provides a comprehensive analysis of the global Ground-effect Vehicle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ground-effect Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ground-effect Vehicle market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ground-effect Vehicle and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ground-effect Vehicle.

This report presents a comprehensive overview, market shares, and growth opportunities of Ground-effect Vehicle market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Type A
Type B
Type C

Segmentation by Application:
Military
Civil
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Universal Hovercraft
REGENT
Wing Ship Technology Corporation
RDC Aqualines
Brittany Ferries
Tandem WIG Consulting
Flying Ship Company

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ground-effect Vehicle market?

What factors are driving Ground-effect Vehicle market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ground-effect Vehicle market opportunities vary by end market size?

How does Ground-effect Vehicle break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.