Global Fast Attack Craft Market to Experience Significant Growth, Fueled by Rising Demand for Warships and Increasing Defense Budgets by 2027
Dublin, July 04, 2023 (GLOBE NEWSWIRE) -- The "Global Fast Attack Craft Market 2023-2027" report has been added to * ResearchAndMarkets.com's* offering.
The global fast attack craft market is projected to witness substantial growth, with a forecasted CAGR of 8.1% during the period of 2022-2027.
The market is expected to expand by $2,025.14 million, driven by factors such as the increasing demand for warships, advances in fast attack craft, and organic growth strategies by vendors.
The report on the fast attack craft market provides a comprehensive analysis, including market size and forecast, trends, growth drivers, challenges, and vendor analysis of approximately 25 key players.
It offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.
*Key reasons to purchase the fast attack craft market report:*
· Comprehensive analysis of market size, trends, and forecasts
· Insights into the latest market developments and drivers
· Holistic understanding of the market environment
· Vendor analysis covering key industry players
· Upcoming trends and challenges shaping market growth
· Strategic guidance to leverage growth opportunities
The market is driven by several factors, including a greater focus on intelligence, surveillance, and reconnaissance (ISR) operations, rising geopolitical tensions between countries, and an increase in defense budgets worldwide.
The fast attack craft market is segmented based on application, including national defense and technical research. Additionally, it is categorized by type into missile-armed FAC and non-missile armed FAC. Geographically, the market covers North America, Europe, APAC, the Middle East and Africa, and South America.
The report presents a detailed picture of the market through a comprehensive analysis of key parameters. It covers various aspects of the fast attack craft market, including market sizing, forecasting, and industry analysis.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fast attack craft market vendors.
*Companies Mentioned*
· BAE Systems Plc
· China Shipbuilding Trading Co. Ltd.
· Constructions Mecaniques de Normandie
· Daewoo Shipbuilding and Marine Engineering Co Ltd
· Damen Shipyards Group
· Fincantieri Spa
· Fr. Lurssen Werft GmbH
· Garden Reach Shipbuilders and Engineers
· Goa Shipyard Ltd.
· Hanjin Heavy Industries and Construction Holdings Co. Ltd.
· Navantia SA
· Mitsubishi Heavy Industries Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/elujxf
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