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Fast Attack Craft Market SWOT analysis with Major Technological Innovation by 2020 | Damen Shipyards Group, CMN Group, Fincantieri
Fast Attack Craft Market
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Summary
Industry Background:
A fast attack craft is a small, fast, agile and offensive warship armed with anti-ship missiles, guns or torpedoes. These warships usually operated in close proximity to land as they lack both the seakeeping and all-round defensive capabilities to survive in blue water. It is designed as a high-speed multi-role platform able to operate in both anti-air and surface combat situations. It incorporates advanced technologies to minimize infrared, radar, magnetic and noise signatures to reduce the chances of detection and enhance the operational effectiveness of the ship. This growth is primarily driven by Increased government spending on national security and Rise in the terrorist attacks by the marine areas.
Major Manufacturers, such as BAE Systems PLC (United Kingdom), China Shipbuilding & Offshore International Co Ltd (China), Hanjin Heavy Industries & Construction (South Korea), Garden Reach Shipbuilders and Engineers (India), Damen Shipyards Group (Netherlands), CMN Group (France), Fincantieri - Cantieri Navali Italiani SpA (Italy), Navantia (Spain) and Goa Shipyard Limited (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
Increased government spending on national security
Rise in the terrorist attacks by the marine areas
Market Trend
Restraints
High cost involved in the modernization and upgrade of the fast attack craft
Opportunities
Growing demand from emerging economies such as China and India and Rising concern associated with the growth of the sea-based trade
Challenges
Backlogs in the delivery of naval systems
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Strategic Points Covered in Table of Content of Fast Attack Craft Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Fast Attack Craftmarket. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basic information of the Fast Attack Craft Market. (Introduction)
Chapter 3: Disp
....Continued
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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