Global Offshore Patrol Vessel (Opv) Market Will See A Capital Expenditure (Capex) Of $13.5 Bn In 2017

07 August 2017
Defence

Visiongain’ has launched a new energy report The Offshore Patrol Vessel (OPV) Market Forecast 2017-2027: Forecasts & Analysis by Application Including Military, EEZ Protection, Search & Rescue, Others as well as by Type such as Warfighting & Maritime Patrol AND by Geography PLUS Profiles of Leading Companies in the OPV Market

Offshore patrol vessels (OPVs) are highly versatile ships widely used by coast guards, naval and police forces for Economic Exclusion Zone (EEZ) management roles, including the provision of maritime security to coastal areas, anti-terrorist campaigns, protection of fisheries and humanitarian operations.

OPVs have become an increasingly popular addition to a country’s mix of maritime assets. Besides navies, agencies that also operate patrol vessels include marine police, customs services, ministries of interiors and coast guards.

In the naval vessel market, OPVs are the fastest growing segment and remain the heart of fleet modernization programs. Highly effective patrol vessels with anti-warfare and anti-surface capabilities are developed as weapon and combat systems continue to mature.

The visiongain report analyst commented, “Navies around the world has started planning to prioritise their investment towards OPVs in consideration to restricting budgets and the continued concern over maritime terrorism and asymmetric threats.”

Leading companies featured in the report who are developing Offshore Patrol Vessel (OPV) include RWL Water Group, Kemira Oyj, Malmberg Water AB, Xylem Inc, APROVIS Energy Systems, Veolia Group, AAT Biogas Technology, Hitachi Zosen INOVA, PlanET Biogas
& GE Water.

BAE Systems Plc, General Dynamics Corporation, Huntington Ingalls Industries, Inc, Austal, Fassmer Gmbh & Co., Maritime Partner AS, SAFE Boats International, LLC, China Shipbuilding Industry Corporation, Daewoo Shipbuilding & Marine Engineering Co., Ltd, Fincantieri – Cantieri NavaliItaliani S.p.A., Garden Reach Shipbuilders & Engineers Ltd, Goa Shipyard Limited
& Hyundai Heavy Industries Co., Ltd.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Military Communication, Navigation & Surveillance (CNS) Market Report 2021-2031

Based on the frequency band, the military radar market is categorized into UHF/VHF, L Band, S-Band, C Band, X Band, and Ku/K/Ka-Band. Out of these, the S-Band segment is expected to grow at the highest CAGR during the forecast period as S-band is widely used in the over the horizon radars as it has capability to detects threats from several kilometres.

25 November 2020

Read

Visiongain Publishes Military Aircraft Maintenance, Repair & Overhaul (MRO) Market Report 2021-2031

Big spenders on defence devote approximately or more than 2 percent of their GDP to defence, a substantial amount. It is projected that various factors will play a vital role in the purchase of command and control equipment moving ahead of COVID-19 especially for emerging economies as these countries would need to prioritize on defence expenditure.

24 November 2020

Read

Visiongain Publishes Aerostat Systems Market Report 2021-2031

The growth of this market can be attributed to growing need for surveillance capabilities across remote areas, persistent surveillance for a longer duration and testing of Aerostat systems in various military applications.

09 November 2020

Read

Visiongain Publishes Advanced Combat Helmet Market Report 2021-2031

The growth of this market can be attributed to the increasing need for enhanced protection of military personnel, and advancement in lightweight and stronger materials for combat helmets.

09 November 2020

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever