Global Fast Attack Craft Market 2017-2021

  • ID: 4039568
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • BAE Systems
  • CMN Group
  • Damen Shipyards Group
  • Fincantieri
  • Lürssen
  • Navantia
  • MORE
About Fast Attack Craft

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.

The 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

The 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.

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
- Lürssen

Market drivers
- Growing development of ship-based missiles.
- For a full, detailed list, view the full report

Market challenges
- Deployment of laser weapon systems against FAC.
- For a full, detailed list, view the full report

Market trends
- Trimaran configuration in naval vessels.
- For a full, detailed list, view the full 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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FEATURED COMPANIES

  • BAE Systems
  • CMN Group
  • Damen Shipyards Group
  • Fincantieri
  • Lürssen
  • Navantia
  • MORE
Part 01: Executive summary

Part 02: Scope of the report
  • Market overview
  • Top-vendor offerings
Part 03: Market research methodology
  • Research methodology
  • Economic indicators
Part 04: Introduction
  • Key market highlights
  • Naval vessels: An overview
  • Fast attack craft
  • Key takeaways
  • Key buying criteria
Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by type
  • Market share by type
  • Market segmentation by revenue
  • Global missile-armed FAC market
  • Global non-missile armed FAC market
Part 07: Geographical segmentation
  • Market share by geography
  • Geographical segmentation by revenue
  • FAC market in EMEA
  • FAC market in APAC
  • FAC market in the Americas
Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape
  • Competitive scenario
  • BAE Systems
  • Damen Shipyards Group
  • Fincantieri
  • Goa Shipyard Limited (GSL)
  • Navantia
  • Other prominent vendors
Part 14: Appendix
  • List of abbreviations
Part 15: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Different types of naval vessels
Exhibit 03: Major naval vessel projects across the globe
Exhibit 04: Geographic distribution of naval combat vessels 2015
Exhibit 05: Advantages of FAC
Exhibit 06: Key takeaways of the global FAC market
Exhibit 07: Key buying criteria of the FAC
Exhibit 08: Segmentation of global FAC market
Exhibit 09: Global FAC market 2016-2021 ($ billions)
Exhibit 10: Pirate attacks on cargo ships by country as of 2016
Exhibit 11: Five forces analysis
Exhibit 12: Market share by type in 2016 and 2021 (%)
Exhibit 13: Market segmentation by revenue during 2016-2021 ($ billions)
Exhibit 14: Global missile-armed FAC market 2016-2021 ($ billions)
Exhibit 15: Global non-missile armed FAC market 2016-2021 ($ billions)
Exhibit 16: Market share by geography 2016 and 2021 (%)
Exhibit 17: Geographical segmentation by revenue 2016-2021 ($ billions)
Exhibit 18: FAC market in EMEA 2016-2021 ($ billions)
Exhibit 19: FAC market in APAC 2016-2021 ($ billions)
Exhibit 20: FAC market in the Americas 2016-2021 ($ billions)
Exhibit 21: Impact of drivers
Exhibit 22: Attributes of laser weapon systems
Exhibit 23: Impact of drivers and challenges
Exhibit 24: Utility of advanced automated systems
Exhibit 25: Advantages of modular ship design
Exhibit 26: List of competitors in global FAC market
Exhibit 27: Major competitors: Benchmarking
Exhibit 28: BAE Systems: Business segmentation by revenue 2015 (%)
Exhibit 29: BAE Systems: Specifications of FAC
Exhibit 30: Fincantieri: Products offerings
Exhibit 31: Navantia: Product segmentation
Exhibit 32: Navantia: Strength
Exhibit 33: Other prominent vendors
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FEATURED COMPANIES

  • BAE Systems
  • CMN Group
  • Damen Shipyards Group
  • Fincantieri
  • Lürssen
  • Navantia
  • MORE
New Report Released: - Global Fast Attack Craft Market 2017-2021

The author of the report recognizes the following companies as the key players in the global fast attack craft market: BAE Systems, Damen Shipyards Group, Fincantieri, Goa Shipyard Limited (GSL), and Navantia.

Other Prominent Vendors in the market are: China Shipbuilding and Offshore Company, CMN Group, Garden Reach Shipbuilders and Engineers, Hanjin Heavy Industries & Construction, and Lürssen.

Commenting on the report, an analyst from the research team said: “One trend in market is advanced naval warfare systems. The advent of new technologies and rise in investments have resulted in the evolution of many advanced warfare systems such as virtual fence, underwater acoustic weapons, fences, electro-optic detection systems, multi-static anti- submarine warfare capability enhancement (MACE), and integrated security system. These systems enhance safety and efficiency in naval operations, which are vital for warships and FAC. Integration of advanced radar systems, electro-optic/infrared (EO/IR) technologies, and underwater weapons in combat ships reduces the workload of the naval crew and assures the availability of essential maritime information with enhanced protection. Such automated systems, within the naval vessels, will add a new dimension to maritime warfare.”

According to the report, one driver in market is increased seaborne dominance. Many countries are modernizing their naval defense units by manufacturing and procuring a number of warships. The increase in the number of these assets will simultaneously boost the global development of naval vessels and enable greater dominance of the defense authorities overseas and oceans. The US Navy has played an integral part in the national strategy of the country, which is surrounded by seas on two ends. Over the years, the country has strengthened its naval combat capabilities through the development of several classes of advanced naval vessels. Driven by the race of attaining military supremacy, the PLA Navy, China, is modernizing their naval fleets and deploying them in the South China Sea and in the Western Pacific region, which is posing a potential warfare threat. The PLA Navy is also focusing on developing a multifunctional and efficient maritime combat force to provide offshore water defense and open sea protection in tandem. China is also developing a missile-armed FAC and a significant number of cutter ships for the China Coast Guard, a paramilitary service that helps in asserting and defending China’s maritime territorial claims in the East and South China Seas.

Further, the report states that one challenge in market is issues related to maintenance of vessels. Naval vessels are an effective solution for maritime security requirements and maintenance of naval vessels assist in their effective operation over their lifetime. However, maintenance of naval vessels has remained one of the challenges for several developing countries as they acquire such vessels from foreign countries and the number of such purchases is small. Since many countries lack the resources (spare parts and components) to develop such ships in their territories, they generally outsource the maintenance of the FAC, which is sometimes expensive. Moreover, the unavailability of spares and maintenance capability make cannibalization and unseaworthiness highly probable.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • BAE Systems
  • Damen Shipyards Group
  • Fincantieri
  • Goa Shipyard Limited (GSL)
  • Navantia
  • China Shipbuilding and Offshore Company
  • CMN Group
  • Garden Reach Shipbuilders and Engineers
  • Hanjin Heavy Industries & Construction
  • Lürssen
Note: Product cover images may vary from those shown
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