Press release
Global Fast Attack Craft Market to grow at a CAGR of 2.14% during 2017-2021
FAC are small, fast, agile, and attack-capable warships, which are armed with anti-ship missiles, guns, or torpedoes. FAC are generally operated in the coastal regions as they lack the defensive capabilities to survive in the blue waters. The major benefit of such ships over other warships is their affordability and speed. These boats, when armed with guided missiles, are capable of posing threats to even large capital ships.
Technavios analysts forecast the global fast attack craft market to grow at a CAGR of 2.14% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fast attack craft market for 2017-2021. To calculate the market size, the report presents the market landscape and a corresponding detailed analysis of the five major vendors operating in the market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Fast Attack Craft Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
BAE Systems
Damen Shipyards Group
Fincantieri
Goa Shipyard Limited (GSL)
Navantia
Other prominent vendors
China Shipbuilding and Offshore Company
CMN Group
Garden Reach Shipbuilders and Engineers
Hanjin Heavy Industries & Construction
Lrssen
Market driver
Growing development of ship-based missiles.
For a full, detailed list, view our report
Market challenge
Deployment of laser weapon systems against FAC.
For a full, detailed list, view our report
Market trend
Trimaran configuration in naval vessels.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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