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Offshore Patrol Vessels Market to Grow at a CAGR of 8.8% to 2024 - Covering Key Players Damen, STX Offshore & Shipbuilding, Eastern Shipbuilding Group, Austal, Dearsan Shipyard, Irving Shipbuilding, CSIC, Fassmer, Socarenam, Fincantieri, Navantia, RNAVAL

09-07-2018 09:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

Offshore Patrol Vessels

Offshore Patrol Vessels

Market Study Report Add New Global Offshore Patrol Vessels Market by Manufacturers, Countries, Type and Application, forecast to 2023 to its research database. The industry report provides a detailed overview of major drivers, restraints, challenges, opportunities, current market trends and strategies impacting the global market along with estimates and forecast of revenue.

This report focuses on the global Offshore Patrol Vessels market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Offshore Patrol Vessels (OPV), they may be operated by a nation's navy, coast guard, police force or customs and may be intended for marine or estuarine or river environments. They are commonly found engaged in various border protection roles, including anti-smuggling, anti-piracy, fisheries patrols, and immigration law enforcement. They are also often called upon to participate in rescue operations.

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The worldwide market for Offshore Patrol Vessels is expected to grow at a CAGR of roughly 8.8% over the next five years, will reach 34100 million US$ in 2023, from 20600 million US$ in 2017, according to a new Research study
.
The Asia-Pacific will occupy for the most market share in following years, especially in India and Japan. North America, especially The United States and Canada, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Offshore Patrol Vessels.

OPVs can be broadly classified into two types: 1) High-end war-fighting vessels with expensive weapon systems and C4I suites, 2) More basic patrol vessels, designed for sustained low intensity missions and equipped with basic gun armaments, standard navigation sensors and built to commercial standards.

Which of these types a country chooses depends on its particular naval requirements, resulting from its geographic location, political aspirations and intended role of its naval force? However, the majority of OPV programmers are of the low-cost, multi-role variety. These are being used in an increasing number of roles, including fishery protection, pollution control, fire-fighting, salvage or search and rescue (SAR), counter-narcotics, humanitarian operations and exclusive economic zone (EEZ) patrol.

The OPVs market is not concentrated; there are many companies such as BAE Systems, Damen, STX Offshore & Shipbuilding, Eastern Shipbuilding Group, Austal, Dearsan Shipyard, Irving Shipbuilding, CSIC, Fassmer, Socarenam, Fincantieri, Navantia, RNAVAL and Babcock acting in the market. But each player can deliver few numbers of OPV.

Market Segment by Manufacturers, this report covers:
Damen, STX Offshore & Shipbuilding, Eastern Shipbuilding Group, Austal, Dearsan Shipyard, Irving Shipbuilding, CSIC, Fassmer, Socarenam, Fincantieri, Navantia.

Market Segment by Type, covers:
Basic Patrol Vessel, Warfighting Patrol Vessel

Market Segment by Applications, can be divided into:
Coast Guard
Navy
Police Force

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Table of Contents:

1 Market Overview
2 Manufacturers Profiles
3 Global Offshore Patrol Vessels Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Offshore Patrol Vessels Market Analysis by Regions
5 North America Offshore Patrol Vessels by Countries
6 Europe Offshore Patrol Vessels by Countries
7 Asia-Pacific Offshore Patrol Vessels by Countries
8 South America Offshore Patrol Vessels by Countries
9 Middle East and Africa Offshore Patrol Vessels by Countries
10 Global Offshore Patrol Vessels Market Segment by Type

More Details on this Reports At: https://www.marketstudyreport.com/reports/global-offshore-patrol-vessels-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023

Related Report:

2018-2023 United States Offshore Patrol Vessels Market Report (Status and Outlook)

In 2017, the Offshore Patrol Vessels market size was xx million in United States, and it will be xx million in 2023, with a CAGR of xx% between 2017 and 2023.

https://www.marketstudyreport.com/reports/2018-2023-united-states-offshore-patrol-vessels-market-report-status-and-outlook/?utm_source=RR-PSR

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