PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1266676
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1266676
Global Fast Attack Craft Market Size study & Forecast, by Type (Non-Missile Armed FAC, Missile-Armed FAC), By Application (Technical Research, National Defense, Fighting, Others) and Regional Analysis, 2022-2029
Global Fast Attack Craft Market is valued at approximately USD 4.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.2% over the forecast period 2022-2029. Fast attack craft is a small, high speed warship carrying weapons with cruise missiles, rockets, anti-ship missiles, and guns. The main advantage of fast attack craft over other types of warships is their low cost. The Fast Attack Craft market is expanding because of factors such as increasing development of ship-based missile systems and growing maritime security among various countries.
FAC is very effective when combined with modern, high-tech warfare systems like the virtual barrier, underwater acoustic missiles, multi-static antisubmarine, and integrated protection systems. Its prevalence has progressively increased during the last few decades. According to Statista, in 2021, The global revenue of the hypersonic technology market was approximately USD 5.7 billion in 2016, and expected to increase to nearly USD 13 billion in 2031. Furthermore, in 2020, the US hypersonic tech market accounts for nearly 53% of the global market. Another important component driving space increase is maritime security. In the aerospace and defense manufacturing industry, with a revenue of around USD 67 billion , Lockheed Martin surpassed all competitors, including its biggest rivals like Raytheon, Boeing, and Airbus. In addition, in Jan 2023 Lockheed Martin announced the successful first flight of the F-16 Block 70 at its Greenville, South Carolina site. Total flight time was approximately 50 minutes and included airworthiness checks, such as engine, flight control, and fuel system, as well as basic aircraft handling. However, the high cost of Fast Attack Craft stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Fast Attack Craft Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the advanced naval systems and components adopted in combat operations and growing presence of key market players in the region. According to Statista, the number of aircraft in the United States increased in 2021, with estimates holding that the general aviation fleet was 204,405 aircraft, including the number of for-hire carrier aircraft will slightly increase in 2022, reaching 6,870. Furthermore, Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing demand for naval systems among various countries Japan, China, and India, and increasing technological advancement of naval systems in the market space.
Major market players included in this report are:
- China Shipbuilding & Offshore International Co Ltd
- Garden Reach Shipbuilders and Engineers
- BAE Systems PLC
- Hanjin Heavy Industries & Construction
- CMN Group
- Damen Shipyards Group
- Navantia
- Lurssen
- Fincantieri - CantieriNavaliItalianiSpA
- Goa Shipyard Limited
Recent Developments in the Market:
- In July 2022, Embraer and BAE Systems announced a strategic partnership that will expand both companies' footprints in the global defence market by laying the groundwork for a collaborative relationship. Both the companies signed MOU to form a joint venture to develop a defence variant of Eve's electrical vertical take-off and landing (eVTOL) vehicle at the Farnborough Airshow.
Global Fast Attack Craft Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Application, Type, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type
- Non-missile armed FAC
- Missile armed FAC
By Application
- Technical research
- National defense
- Fighting
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Fast Attack Craft Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Fast Attack Craft Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Fast Attack Craft Market, by Application, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Fast Attack Craft Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Fast Attack Craft Market Dynamics
- 3.1. Fast Attack Craft Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing development of ship-based missile systems
- 3.1.1.2. Growing maritime security among various countries.
- 3.1.2. Market Challenges
- 3.1.2.1. High-Cost maintenance of Fast Attack Craft
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing technological advancements in aviation industry
- 3.1.1. Market Drivers
Chapter 4. Global Fast Attack Craft Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Fast Attack Craft Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Fast Attack Craft Market by Type, Performance - Potential Analysis
- 6.3. Global Fast Attack Craft Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
- 6.4. Fast Attack Craft Market, Sub Segment Analysis
- 6.4.1. Non-missile armed FAC
- 6.4.2. Missile-armed FAC
Chapter 7. Global Fast Attack Craft Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Fast Attack Craft Market by Application, Performance - Potential Analysis
- 7.3. Global Fast Attack Craft Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 7.4. Fast Attack Craft Market, Sub Segment Analysis
- 7.4.1. Technical research
- 7.4.2. National defense
- 7.4.3. Fighting
- 7.4.4. Others
Chapter 8. Global Fast Attack Craft Market, Regional Analysis
- 8.1. Fast Attack Craft Market, Regional Market Snapshot
- 8.2. North America Fast Attack Craft Market
- 8.2.1. U.S. Fast Attack Craft Market
- 8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Fast Attack Craft Market
- 8.2.1. U.S. Fast Attack Craft Market
- 8.3. Europe Fast Attack Craft Market Snapshot
- 8.3.1. U.K. Fast Attack Craft Market
- 8.3.2. Germany Fast Attack Craft Market
- 8.3.3. France Fast Attack Craft Market
- 8.3.4. Spain Fast Attack Craft Market
- 8.3.5. Italy Fast Attack Craft Market
- 8.3.6. Rest of Europe Fast Attack Craft Market
- 8.4. Asia-Pacific Fast Attack Craft Market Snapshot
- 8.4.1. China Fast Attack Craft Market
- 8.4.2. India Fast Attack Craft Market
- 8.4.3. Japan Fast Attack Craft Market
- 8.4.4. Australia Fast Attack Craft Market
- 8.4.5. South Korea Fast Attack Craft Market
- 8.4.6. Rest of Asia Pacific Fast Attack Craft Market
- 8.5. Latin America Fast Attack Craft Market Snapshot
- 8.5.1. Brazil Fast Attack Craft Market
- 8.5.2. Mexico Fast Attack Craft Market
- 8.5.3. Rest of Latin America Fast Attack Craft Market
- 8.6. Rest of The World Fast Attack Craft Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. China Shipbuilding & Offshore International Co Ltd
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Garden Reach Shipbuilders and Engineers
- 9.2.3. BAE Systems PLC
- 9.2.4. Hanjin Heavy Industries & Construction
- 9.2.5. CMN Group
- 9.2.6. Damen Shipyards Group
- 9.2.7. Navantia
- 9.2.8. Lurssen
- 9.2.9. Fincantieri - CantieriNavaliItalianiSpA
- 9.2.10. Goa Shipyard Limited
- 9.2.1. China Shipbuilding & Offshore International Co Ltd
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Fast Attack Craft Market, report scope
- TABLE 2. Global Fast Attack Craft Market estimates & forecasts by Region 2019-2029 (USD Billion)
- TABLE 3. Global Fast Attack Craft Market estimates & forecasts by Type 2019-2029 (USD Billion)
- TABLE 4. Global Fast Attack Craft Market estimates & forecasts by Application 2019-2029 (USD Billion)
- TABLE 5. Global Fast Attack Craft Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 6. Global Fast Attack Craft Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 7. Global Fast Attack Craft Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 8. Global Fast Attack Craft Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 9. Global Fast Attack Craft Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 10. Global Fast Attack Craft Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 11. Global Fast Attack Craft Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 12. Global Fast Attack Craft Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 13. Global Fast Attack Craft Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 14. Global Fast Attack Craft Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 15. U.S. Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 16. U.S. Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 17. U.S. Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 18. Canada Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 19. Canada Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 20. Canada Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 21. UK Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 22. UK Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 23. UK Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 24. Germany Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 25. Germany Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 26. Germany Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 27. France Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 28. France Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 29. France Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 30. Italy Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 31. Italy Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 32. Italy Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 33. Spain Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 34. Spain Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 35. Spain Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 36. RoE Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 37. RoE Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 38. RoE Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 39. China Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 40. China Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 41. China Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 42. India Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 43. India Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 44. India Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 45. Japan Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 46. Japan Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 47. Japan Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 48. South Korea Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 49. South Korea Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 50. South Korea Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 51. Australia Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 52. Australia Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 53. Australia Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 54. RoAPAC Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 55. RoAPAC Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 56. RoAPAC Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 57. Brazil Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 58. Brazil Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 59. Brazil Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 60. Mexico Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 61. Mexico Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 62. Mexico Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 63. RoLA Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 64. RoLA Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 65. RoLA Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 66. Row Fast Attack Craft Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 67. Row Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 68. Row Fast Attack Craft Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 69. List of secondary sources, used in the study of global Fast Attack Craft Market
- TABLE 70. List of primary sources, used in the study of global Fast Attack Craft Market
- TABLE 71. Years considered for the study
- TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
List of figures
- FIG 1. Global Fast Attack Craft Market, research methodology
- FIG 2. Global Fast Attack Craft Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Fast Attack Craft Market, key trends 2021
- FIG 5. Global Fast Attack Craft Market, growth prospects 2022-2029
- FIG 6. Global Fast Attack Craft Market, porters 5 force model
- FIG 7. Global Fast Attack Craft Market, pest analysis
- FIG 8. Global Fast Attack Craft Market, value chain analysis
- FIG 9. Global Fast Attack Craft Market by segment, 2019 & 2029 (USD Billion)
- FIG 10. Global Fast Attack Craft Market by segment, 2019 & 2029 (USD Billion)
- FIG 11. Global Fast Attack Craft Market by segment, 2019 & 2029 (USD Billion)
- FIG 12. Global Fast Attack Craft Market by segment, 2019 & 2029 (USD Billion)
- FIG 13. Global Fast Attack Craft Market by segment, 2019 & 2029 (USD Billion)
- FIG 14. Global Fast Attack Craft Market, regional snapshot 2019 & 2029
- FIG 15. North America Fast Attack Craft Market 2019 & 2029 (USD Billion)
- FIG 16. Europe Fast Attack Craft Market 2019 & 2029 (USD Billion)
- FIG 17. Asia Pacific Fast Attack Craft Market 2019 & 2029 (USD Billion)
- FIG 18. Latin America Fast Attack Craft Market 2019 & 2029 (USD Billion)
- FIG 19. Global Fast Attack Craft Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
