Fast attack craft (FAC) are small, fast, agile, and attack-capable warships, which are armed with anti-ship missiles, guns, or torpedoes. FAC are generally operated in the coastal regions as they lack the defensive capabilities to survive in the blue waters. The major benefit of such ships over other warships is their affordability and speed. These boats, when armed with guided missiles, are capable of posing threats to even large capital ships.

The global Fast Attack Craft market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

The missile armed FAC segment accounted for the major shares and dominated this market. The low cost of these boats allows defense authorities to deploy a larger base of missile-armed FAC in their coastlines. The rising arms race and increasing sea-border threats that is inducing countries such as Iran, North Korea, Egypt, China, and India to add such fast attack ships to their naval inventories will drive market growth in the coming years.

This report aims to provide a comprehensive presentation of the global market for Fast Attack Craft, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fast Attack Craft.

Report Scope

The Fast Attack Craft market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Fast Attack Craft market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Fast Attack Craft manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


BAE Systems

Damen Shipyards Group

Fincantieri

Goa Shipyard Limited (GSL)

Navantia

CMN Group

Garden Reach Shipbuilders and Engineers

Lurssen

China Shipbuilding and Offshore Company

Hanjin Heavy Industries & Construction


Segment by Type


Missile Armed FAC

Non-Missile Armed FAC


Segment by Application


National Defense

Fighting

Other


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Fast Attack Craft manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Fast Attack Craft by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Fast Attack Craft in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.