Global Patrol Boats Market By Type (Small Patrol Boats, Medium Patrol Boats, and Large Patrol Boats), By Application (Military, Police Patrol, and Rescue), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Patrol Boats Market By Type (Small Patrol Boats, Medium Patrol Boats, and Large Patrol Boats), By Application (Military, Police Patrol, and Rescue), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019-2029 (Includes Business Impact of COVID-19)
Trusted Business Insights has published a comprehensive market research report on, Global Patrol Boats Market by Product Type Inshore patrol vessels (OPVs) and Offshore patrol vessels (OPVs), By Application (Military, Police Patrol, Rescue), and by Region -Global Forecast to 2030, which offers a holistic view of the global Patrol Boats market through systematic segmentation that covers every aspect of the target market.

The global Patrol Boat market is projected to be US$ 17,447.2 Mn in 2020 to reach US$ 33,352.3 Mn by 2030 at a CAGR of 6.7%.

A patrol boat is also known as a patrol ship, patrol craft, or patrol vessel. It is a small naval ship designed for coastal defense duties. The coast guard operates these boats, nations navy, police force, and customs for border protection management roles comprising of anti-piracy, anti-smuggling, fisheries patrols, rescue operations, and immigration law enforcement. Gas turbine adjustments such as combined diesel and gas (CODAG) is the power source of the patrol boats. These boats are small in size and operate in speed of 25“30 knots (46“56 km/h; 29“35 mph) range. Since patrol boats are smaller in size and have relatively low cost, they are suitable for patrol in a countrys Exclusive Economic Zone. These boats are operative in littoral waters and equipped with advanced communication systems and weapons to perform multiple missions. Inshore patrol vessels (OPVs) and offshore patrol vessels (OPVs) are types of patrol boats. They are primarily used for anti-smuggling patrols, fisheries inspection, anti-piracy patrols, search and rescue (SAR), and illegal immigration patrols. The offshore patrol vessels are generally the smallest ship in a navys fleet seaworthy enough to patrol off-shore in the open ocean.

Earlier healthcare companies used to establish expensive and large facilities for the manufacturing of drugs and medical devices but a number of failure stories of these facilities led to an increased demand for outsourcing of these products to reduce the risk factors for the manufacturers.


Global Patrol Boats Market Revenue (US$ Mn), 2019“2029


However, the maintenance activities such as repairs, resource loading, software-based scheduling, and risk mitigation strategies are needed to be conducted frequently for quality performance of patrol boats. Therefore, high maintenance requirement of patrol boats may hamper the market growth to a certain extent. Nonetheless, Focus on R&D activities for development of innovative communication systems and surveillance systems by market players is increasing. Therefore, rising investments in the form of mergers & acquisition and foreign direct investments for R&D activities to develop innovative technology for patrol boats is creating lucrative opportunities for market growth.

Global Patrol Boats market is segmented on the basis of product type, application. On the basis of product type, the market is segmented into Inshore patrol vessels (IPVs) and Offshore patrol vessels (OPVs). The and Offshore patrol vessels (OPVs) segment accounts for the majority share and is expected to register highest growth over forecast period, followed by Inshore patrol vessels (IPVs) segment. On the basis of application, the market is segmented into Military, Police Patrol, Rescue. The Military segment accounts for a majority share in the global Patrol Boats market.


Global Patrol Boats Market By Application, 2019


On the basis of region, the market is segmented into North America, Europe, APAC, South America and Middle East Africa. The USA accounts for the majority share in the global Patrol Boats market, owing increasing spending on military sector. The research report on the global Patrol Boats market includes profiles of some of major companies such as Fincantieri S.p.A., Austal Limited, Future Mobility Solutions Limited, Damen Shipyards Group NV, MetalCraft Marine Incorporated, SAFE Boats International (SAFE) and A. F. Theriault & Son Ltd.


Key Market Segments:

By Type

  
Small Patrol Boats
  
Medium Patrol Boats
  
Large Patrol Boats

By Application

  
Military
  
Police Patrol
  
Rescue


Key Market Players included in the report:


  
A. F. Theriault & Son Ltd.
  
AIRKMARINE
  
Asis Boats
  
Austal Limited
  
BCGP
  
Boomeranger Boats
  
Changzhou FRP Boatbuilding
  
Connor Industries
  
Damen Shipyards Group NV
  
Delta Power Group
  
Elite Marine Boat Builders
  
Fassmer
  
FB Design
  
Fincantieri S.p.A.
  
Future Mobility Solutions Limited
  
Gladding-Hearn
  
Grup Aresa Internacional
  
HiSiBi
  
Jianglong
  
Kangnam
  
Kiso Shipbuilding
  
Kvichak
  
LOMOcean Design
  
Madera Ribs
  
Marine Alutech
  
Maritime Partner AS
  
Metal Shark Aluminum Boats
  
MetalCraft Marine Incorporated
  
PALFINGER MARINE
  
SAFE Boats International (SAFE)
  
South Boats IOW
  
Stormer Marine
  
Sumidagawa Shipyard
  
Sunbird Yacht (Yaguang)
  
Swede Ship Marine
  
Titan Boats
  
William E. Munson


Below are the key development related to Patrol Boats Market in 2020 and 2021.


May 2021: Austal Delivers Two Cape-Class Patrol Boats To Trinidad And Tobago Coast Guard. Austal Limited is pleased to announce that Austal Australia has delivered two Cape-class Patrol Boats to the Trinidad and Tobago Coast Guard (TTCG). Source

September 2020: MetalCraft Marine delivers two patrol RIBs to Mississippi. MetalCraft Marine, Watertown, N.Y., recently delivered two of its 34 high-performance patrol RIBs to the Mississippi Department of Natural Resources Police. The two boats will be used in the coastal bay areas and offshore checking on commercial and sport fishing compliance.The boats can reach 64 mph with their triple Suzuki 300-hp outboards. The Interceptor hulls are manufactured for a “soft dry ride”. The hulls are built with a very fine entry which makes the boat very quiet and easily parts the waves. The boat also features a robust T-top and supporting structure, which is designed to ISO 12215 Category B standards (12-17 waves). The T-top, which can support the weight of a crewman, is specifically designed to deflect radar, that along with the low hull profile will provide a low radar signature. Below the T-top is an oversize gun locker which can hold rifles and side arms. There are four suspension seats for crew and the entire crew area can be enclosed with a Strata glass enclosure. The electronics suite by Simrad has an open array high definition radar antenna, twin 12" displays, GPS and depth sounder. Radios are by Icom. Ahead of the console is a large walk in head with space for toolkits and easy access to the dash and electrical panels and wiring that meets ABYC standards. Source

March 2020: Australia Delivers Austal-Built Guardian-Class Patrol Boat To Fiji. Austal Limited (Austal) is pleased to announce the on-time delivery of the sixth Guardian-class Patrol Boat (GCPB) to the Australian Department of Defence. The vessel, the RFNS Savenaca, was gifted by the Government of Australia to the Government of Fiji during a handover ceremony at Austal Australia’s Henderson shipyard. Source