LONDON--(BUSINESS WIRE)--#GlobalOffshorePatrolVesselMarket--Technavio has been monitoring the offshore patrol vessel market and it is poised to grow by USD 4.91 bn during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Austal Ltd., BAE Systems Plc, Damen Shipyards Group NV, Fincantieri Spa, Fr. Fassmer GmbH & Co. KG, Fr. Lürssen Werft GmbH & Co. KG, Mitsubishi Heavy Industries Ltd., Naval Group SA, NAVANTIA SA, and Saab AB are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increasing need to control drug trafficking has been instrumental in driving the growth of the market.

Offshore Patrol Vessel Market 2020-2024 : Segmentation

Offshore Patrol Vessel Market is segmented as below:

• Product
  • Basic OPVs
  • High-end OPVs
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Offshore Patrol Vessel Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our offshore patrol vessel market report covers the following areas:

• Offshore Patrol Vessel Market size
• Offshore Patrol Vessel Market trends
• Offshore Patrol Vessel Market industry analysis

This study identifies the increase in maritime activities as one of the prime reasons driving the offshore patrol vessel market growth during the next few years.

Offshore Patrol Vessel Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the offshore patrol vessel market, including some of the vendors such as Austal Ltd., BAE Systems Plc, Damen Shipyards Group NV, Fincantieri Spa, Fr. Fassmer GmbH & Co. KG, Fr. Lürssen Werft GmbH & Co. KG, Mitsubishi Heavy Industries Ltd., Naval Group SA, NAVANTIA SA, and Saab AB. Backed with competitive intelligence and benchmarking, our research reports on the Offshore Patrol Vessel Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Offshore Patrol Vessel Market 2020-2024 : Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist offshore patrol vessel market growth during the next five years
• Estimation of the offshore patrol vessel market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the offshore patrol vessel market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of offshore patrol vessel market vendors

Table Of Contents :

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product placement
• Basic OPVs - Market size and forecast 2019-2024
• High-end OPVs - Market size and forecast 2019-2024
• Market opportunity by Product

Customer Landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Austal Ltd.
• BAE Systems Plc
• Damen Shipyards Group NV
• Fincantieri Spa
• Fr. Fassmer GmbH & Co. KG
• Fr. Lürssen Werft GmbH & Co. KG
• Mitsubishi Heavy Industries Ltd.
• Naval Group SA
• NAVANTIA SA
• Saab AB

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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