Global Offshore Patrol Vessels Market Insights, Forecast to 2025

Offshore Patrol Vessels (OPV), they may be operated by a nation's navy, coast guard, police force or customs and may be intended for marine or estuarine or river environments. They are commonly found engaged in various border protection roles, including anti-smuggling, anti-piracy, fisheries patrols, and immigration law enforcement. They are also often called upon to participate in rescue operations.
The Asia-Pacific will occupy for the most market share in following years, especially in India and Japan. North America, especially The United States and Canada, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Offshore Patrol Vessels.

OPVs can be broadly classified into two types: 1) High-end war-fighting vessels with expensive weapon systems and C4I suites, 2) More basic patrol vessels, designed for sustained low intensity missions and equipped with basic gun armaments, standard navigation sensors and built to commercial standards.

Which of these types a country chooses depends on its particular naval requirements, resulting from its geographic location, political aspirations and intended role of its naval force? However, the majority of OPV programmers are of the low-cost, multi-role variety. These are being used in an increasing number of roles, including fishery protection, pollution control, fire-fighting, salvage or search and rescue (SAR), counter-narcotics, humanitarian operations and exclusive economic zone (EEZ) patrol.

The OPVs market is not concentrated; there are many companies such as BAE Systems, Damen, STX Offshore & Shipbuilding, Eastern Shipbuilding Group, Austal, Dearsan Shipyard, Irving Shipbuilding, CSIC, Fassmer, Socarenam, Fincantieri, Navantia, RNAVAL and Babcock acting in the market. But each player can deliver few numbers of OPV.

Global Offshore Patrol Vessels market size will reach 40100 million US$ by 2025, from 20600 million US$ in 2018, at a CAGR of 8.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Offshore Patrol Vessels.

This industry study presents the global Offshore Patrol Vessels market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Offshore Patrol Vessels production, revenue and market share by manufacturers, key regions and type;
The consumption of Offshore Patrol Vessels in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders BAE Systems, Damen, etc.

The following manufacturers are covered in this report:
BAE Systems
Damen
STX Offshore & Shipbuilding
Eastern Shipbuilding Group
Austal
Dearsan Shipyard
Irving Shipbuilding
CSIC
Fassmer
Socarenam
Fincantieri
Navantia
RNAVAL
Babcock

Offshore Patrol Vessels Breakdown Data by Type
Basic Patrol Vessel
Warfighting Patrol Vessel
Offshore Patrol Vessels Breakdown Data by Application
Coast Guard
Navy
Police Force

Offshore Patrol Vessels Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions

Offshore Patrol Vessels Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Offshore Patrol Vessels status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Offshore Patrol Vessels manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Offshore Patrol Vessels :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Offshore Patrol Vessels market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.