Press release
Global Offshore Patrol Vessel OPV Market Expected to Reach US$ 8.72 Billion by 2029 with a CAGR of 6.37 Percent during the forecast period 2023-2029
Offshore Patrol Vessel (OPV) Market
Offshore patrol vessels (OPVs) play a pivotal role in coastal defense, serving various purposes such as border protection, anti-smuggling, anti-piracy, fisheries patrols, rescue operations, and immigration law enforcement. The report offers a detailed analysis of the global offshore patrol vessels industry, including market classifications based on weight, size, and region. Furthermore, the report delves into past market dynamics from 2017 to 2022, providing valuable insights for benchmarking past trends against the current market landscape. Key players' contributions to the industry are also examined.
Our research methodology encompasses a thorough and rigorous approach to ensure precision and reliability in our findings. We scrutinize the market dynamics, trends, and regional insights, offering readers a comprehensive understanding of the offshore patrol vessel market.
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Offshore Patrol Vessel (OPV) Market Dynamics:
The global offshore patrol vessels market is being propelled by various factors, including:
1. Enhanced Border Security: Governments worldwide are intensifying their efforts to bolster border security, leading to increased defense budgets. This emphasis on security is a driving force behind the growth of the offshore patrol vessels market.
2. Combatting Security Threats: Rising security threats, including drug trafficking, terrorism, smuggling, and piracy, are necessitating the need for offshore patrol vessels. These versatile vessels are well-suited for various scenarios and are expected to witness increased demand in the near future.
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What is Offshore Patrol Vessel (OPV) Market Segmentation:
by Weight
Less than 1,500
1,500-2,000
More than 2,500
by Vessels Type
Advanced Vessels
Basic Vessels
by Size
Less than 50 meter
50-90 meter
More than 90 meters
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Who are Offshore Patrol Vessel (OPV) Market Key Players:
1. BAE Systems Plc
2. Austal
3. Austal
4. Maritime Partner AS
5. Fasser GmbH & Co
6. General Dynamics Corporation
7. SAFE Boats International, LLC
8. Hyundai Heavy Industries Co., Ltd
9. Daewoo Shipbuilding Industry Corporation
10. Fassmer GmbH & Co
11. Damen Shipyards Group NV
12. Fincantieri Spa
13. Fr. Lürssen Werft GmbH & Co. KG
14. Mitsubishi Heavy Industries Ltd.
15. Naval Group SA
16. NAVANTIA SA
17. Saab AB
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Offshore Patrol Vessel (OPV) Market Regional Insights:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and the Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and the Rest of APAC)
South America (Brazil, Argentina Rest of South America)
Middle East & Africa (South Africa, GCC, Egypt, Nigeria and the Rest of ME&A)
Table of content for the Offshore Patrol Vessel (OPV) Market includes:
1. Global Offshore Patrol Vessel (OPV) Market: Research Methodology
1. Global Offshore Patrol Vessel (OPV) Market : Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Offshore Patrol Vessel (OPV) Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size and Forecast by different segment
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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