The report has segmented the global offshore patrol vessel market based on vessel type, size, application and region.
ST. BROOKLYN, NY, USA, March 28, 2023 /EINPresswire.com/ — According to IMARC Group’s latest report, titled “𝐎𝐟𝐟𝐬𝐡𝐨𝐫𝐞 𝐏𝐚𝐭𝐫𝐨𝐥 𝐕𝐞𝐬𝐬𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖″, The global offshore patrol vessel market size reached US$ 32.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 54.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.6% during 2023-2028.
An offshore patrol vessel (OPV) is a versatile, small surface ship designed to operate persistently in harsh environments, providing exceptional seakeeping and maneuverability in extreme weather conditions. It can be remotely operated by various law enforcement agencies, including the navy, marine police, coast guard, and customs, to enhance defense in coastal regions. With its exceptional seakeeping attributes, durability, and reliability, the OPV is ideal for offshore patrolling, policing maritime zones, control, and surveillance, and is often employed for search and rescue, anti-mine, humanitarian operations, and external firefighting. The vessel also offers customizability and excellent stability, making it suitable for varying tasks in different seagoing environments.
𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗳𝗿𝗲𝗲 𝘀𝗮𝗺𝗽𝗹𝗲 𝗯𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://www.imarcgroup.com/offshore-patrol-vessel-market/requestsample
Offshore Patrol Vessel Market Growth and Development:
The global market for OPVs is experiencing significant growth due to various factors, such as the increasing threat of terrorism, geopolitical tensions, and human or drug-trafficking operations. In line with this, governments of various nations are focusing on enhancing their defense capabilities, including OPVs for convoy protection, offshore asset surveillance, and anti-mine missions, in response to rising security concerns, which, in turn, is creating a positive outlook for the market. Additionally, the introduction of naval offshore patrol vessels (NOPVs) with super rapid gun mount (SRGM) systems for medium and short-range defensive features in warfare-like situations is propelling the market growth. The market is also favorably impacted by significant improvements in the navy and military sectors, the burgeoning defense budget, and the employment of military robotic technologies. Besides this, the growing focus on border security and the integration of advanced solutions by key players are fueling the market growth.
Offshore Patrol Vessel Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the offshore patrol vessel market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• Austal Ltd.
• BAE Systems plc
• Damen Shipyards Group N.V.
• Fincantieri S.p.A.
• Fr. Fassmer GmbH & Co. KG
• Fr. Lürssen Werft GmbH & Co.KG
• Garden Reach Shipbuilders & Engineers Limited
• Israel Shipyards Ltd
• Naval Group, etc
Key Market Segmentation:
The report has segmented the market into the following categories:
Breakup by Vessel Type:
• Advanced Vessels
• Basic Vessels
Breakup by Size:
• <50 Meters
• 50 to 90 Meters
• >90 Meters
Breakup by Application:
• Coast Guard
• Police Force
Breakup by Region:
• North America
o United States
• Asia Pacific
o South Korea
o United Kingdom
• Latin America
• Middle East and Africa
𝗔𝘀𝗸 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝟭𝟬% 𝗳𝗿𝗲𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗿𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/request?type=report&id=7043&flag=C
𝐓𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐜𝐚𝐧 𝐬𝐞𝐫𝐯𝐞 𝐚𝐬 𝐚𝐧 𝐞𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐭 𝐠𝐮𝐢𝐝𝐞 𝐟𝐨𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬, 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡𝐞𝐫𝐬, 𝐜𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐭𝐬, 𝐦𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐬𝐭𝐬 𝐚𝐧𝐝 𝐚𝐥𝐥 𝐭𝐡𝐨𝐬𝐞 𝐰𝐡𝐨 𝐚𝐫𝐞 𝐩𝐥𝐚𝐧𝐧𝐢𝐧𝐠 𝐭𝐨 𝐟𝐨𝐫𝐚𝐲 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧 𝐚𝐧𝐲 𝐟𝐨𝐫𝐦.
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Other Reports by IMARC Group:
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Article originally published on www.einpresswire.com as Offshore Patrol Vessel Market Share, Size, Industry Insights, Trends, Future Scope and Business Opportunities 2023-2028