GLOBAL FAST ATTACK INTERDICTION CRAFT MISSILE MARKET

INTRODUCTION

A fast attack craft (FAC) is a compact, swift, nimble, offensive, frequently affordable warship outfitted with torpedoes, a cannon, and anti-ship missiles.

As they lack the seakeeping and all-around defensive skills to survive in blue water, FACs are often operated close to land.

The key benefit of a rapid assault vessel over other warship types is its low cost. A navy that is at a disadvantage can effectively defend itself against a stronger foe by deploying numerous FACs at a reasonable cost. 

GLOBAL FAST ATTACK INTERDICTION CRAFT MISSILE MARKET SIZE AND FORECAST

The Global Fast attack Interdiction Craft missile market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

Israeli-made Fast-attack Interdiction Craft-missiles to Help Defend Philippine Littoral Zones.The Philippine Navy's (PN) capacity to defend the nation's coastal zones would increase as a result of the recent acquisition of fast-attack interdiction craft-missiles (FAIC-Ms).

The area of a sea, lake, or river that is close to the shore is known as the littoral or nearshore. The first two of the nine FAICS-Ms that the Philippines purchased from Israel Shipyards Ltd are the BRP Nestor Acero (PG-901) and BRP Lolinato To-Ong (PG-902), according to the state-run Philippine News Agency.

These 32-metre, high-speed warships are outfitted with short-range missiles and remote-stabilised weaponry that can execute precise strikes against larger enemies and highly valuable objectives on land and at sea.

While the other four FAIC-Ms will be armed with machine guns and light automatic cannons, four of the FAIC-Ms will be equipped with non-line-of-sight (NLOS) missiles with pinpoint accuracy and a range of 25 kilometres.

They are anticipated to take the position of the medium-sized patrol craft or patrol killer medium (PKM) force. These ships can use the nearby littoral areas as manoeuvre space and cover to stop surface threats and safely launch non-line-of-sight missiles.

COMPANY PROFILE

• 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

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Fast attack Interdiction Craft missiles are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Fast attack Interdiction Craft missile and key vendor selection criteria
3. Where is the Fast attack Interdiction Craft missile manufactured? What is the average margin per unit?
4. Market share of Global Fast attack Interdiction Craft missile market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Fast attack Interdiction Craft missile in-house
6. key predictions for next 5 years in Global Fast attack Interdiction Craft missile market
7. Average B-2-B Fast attack Interdiction Craft missile market price in all segments
8. Latest trends in Fast attack Interdiction Craft missile market, by every market segment
9. The market size (both volume and value) of the Fast attack Interdiction Craft missile market in 2023-2030 and every year in between?
10. Production breakup of Fast attack Interdiction Craft missile market, by suppliers and their OEM relationship