Global Offshore Patrol Vessel MARKET 2020-2024

Global Offshore Patrol Vessel MARKET 2020-2024

Global Offshore Patrol Vessel Market 2020-2024

Technavio has been monitoring the global offshore patrol vessel market and it is poised to grow by USD 4.91 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period. Our reports on global offshore patrol vessel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing need to control drug trafficking.In addition, melting arctic ice increasing maritime activities is anticipated to boost the growth of the global offshore patrol vessel market as well.

Market Segmentation

Technavio's global offshore patrol vessel market is segmented as below:

Product:

  • Basic OPVs
  • High-end OPVs
Geographic Segmentation:
  • APAC
  • Europe
  • MEA
  • North America
  • South America
Key Trends for global offshore patrol vessel market growth

This study identifies melting arctic ice increasing maritime activities as the prime reasons driving the global offshore patrol vessel market growth during the next few years.

Prominent vendors in global offshore patrol vessel market

We provide a detailed analysis of around 25 vendors operating in the global 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 A.

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 an analysis of the key vendors.

About Technavio

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
      • Table Product / Service portfolio of key vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2019 - 2024 ($ billion)
        • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2019-2024 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Basic OPVs - Market size and forecast 2019-2024
      • Table Basic OPVs - Market size and forecast 2019-2024 ($ billion)
      • Table Basic OPVs - Year-over-year growth 2019-2024 (%)
    • High-end OPVs - Market size and forecast 2019- 2024
      • Table High-end OPVs - Market size and forecast 2019-2024 ($ billion)
      • Table High-end OPVs - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Volume driver – Demand led growth
      • China's aggressive expansion into the South China Sea and Indian Ocean
      • Increasing need to control drug trafficking
      • Melting Arctic ice increasing maritime activities
    • Market challenges
      • High cost of setting up a shipyard
      • Upgrading of existing OPVs rather than constructing new ones
      • Acquisition of used navy vessels
        • Table Impact of drivers and challenges
    • Market trends
      • Countries worldwide conducting active procurement programs
      • Adoption of digital technologies in shipbuilding
      • Joint ventures among shipbuilders
  • Vendor Landscape
    • Overview
    • Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Austal Ltd.
      • Table Austal Ltd. –Overview
      • Table Austal Ltd. - Business segments
      • Table Austal Ltd. - Key news
      • Table Austal Ltd. - Key offerings
      • Table Austal Ltd. - Segment focus
    • BAE Systems Plc
      • Table BAE Systems Plc – Overview
      • Table BAE Systems Plc - Business segments
      • Table BAE Systems Plc - Key news
      • Table BAE Systems Plc - Key offerings
      • Table BAE Systems Plc - Segment focus
    • Damen Shipyards Group NV
      • Table Damen Shipyards Group NV – Overview
      • Table Damen Shipyards Group NV - Product and service
      • Table Damen Shipyards Group NV - Key news
      • Table Damen Shipyards Group NV - Key offerings
    • Fincantieri Spa
      • Table Fincantieri Spa – Overview
      • Table Fincantieri Spa - Business segments
      • Table Fincantieri Spa - Key news
      • Table Fincantieri Spa - Key offerings
      • Table Fincantieri Spa - Segment focus
    • Fr. Fassmer GmbH & Co. KG
      • Table Fr. Fassmer GmbH & Co. KG – Overview
      • Table Fr. Fassmer GmbH & Co. KG - Business segments
      • Table Fr. Fassmer GmbH & Co. KG - Key offerings
    • Fr. Lürssen Werft GmbH & Co. KG
      • Table Fr. Lürssen Werft GmbH & Co. KG – Overview
      • Table Fr. Lürssen Werft GmbH & Co. KG - Business segments
      • Table Fr. Lürssen Werft GmbH & Co. KG - Key news
      • Table Fr. Lürssen Werft GmbH & Co. KG - Key offerings
    • Mitsubishi Heavy Industries Ltd.
      • Table Mitsubishi Heavy Industries Ltd. –Overview
      • Table Mitsubishi Heavy Industries Ltd. - Business segments
      • Table Mitsubishi Heavy Industries Ltd. - Key news
      • Table Mitsubishi Heavy Industries Ltd. - Key offerings
      • Table Mitsubishi Heavy Industries Ltd. - Segment focus
    • Naval Group
      • Table Naval Group – Overview
      • Table Naval Group - Product and service
      • Table Naval Group - Key news
      • Table Naval Group - Key offerings
    • NAVANTIA SA
      • Table NAVANTIA SA – Overview
      • Table NAVANTIA SA - Product and service
      • Table NAVANTIA SA - Key news
      • Table NAVANTIA SA - Key offerings
    • Saab AB
      • Table Saab AB – Overview
      • Table Saab AB - Business segments
      • Table Saab AB - Key news
      • Table Saab AB - Key offerings
      • Table Saab AB - Segment focus
  • Appendix
    • Scope of the report
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook