Maritime Patrol Naval Vessels Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Maritime Patrol Naval Vessels Market has been segmented by Type (Manned Patrol Vessels and Unmanned Patrol Vessels), and Geography.

Market Snapshot

Maritime Patrol Naval Vessels Market Size
Study Period: 2018-2027
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: >4 %
Maritime Patrol Naval Vessels Market Major Players

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Market Overview

The maritime patrol naval vessels market is anticipated to record a CAGR of more than 4% during the forecast period.

  • The need to strengthen maritime security due to increasing geopolitical tensions between various countries is majorly driving the procurements of maritime patrol naval vessels.
  • Also, the fleet modernization plans of various armed forces are bolstering the investments into the procurement of new vessels, which is supporting the growth of maritime patrol naval vessels market.
  • The development of new maritime patrol vessels integrated with advanced technology for enhancing the monitoring and detection capabilities of the vessels, as well as advanced weapon systems, is anticipated to propel the growth of the market during the forecast period.

Scope of the Report

The maritime patrol naval vessels market includes all the patrol vessels used by navies, coastal guards, and law enforcement agencies for maritime security and border control. The scope of the study includes both manned and unmanned vessels that are used for patrolling the water borders. The manned patrol vessels include offshore patrol vessels, corvettes, multi-role vessels, and minehunter vessels. The unmanned segment includes unmanned surface vehicles and unmanned underwater vehicles.

Manned Patrol Vessels
Offshore Patrol Vessels
Other Manned Patrol Vessels
Unmanned Patrol Vessels
North America
United States
United Kingdom
Rest of Europe
Rest of Asia-Pacific
Rest of the World

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Key Market Trends

Manned Patrol Vessels Segment had the Largest Market Share in 2019

The procurement of new offshore patrol vessels, corvettes, and multi-role vessels, among others for the surveillance of the water borders, has witnessed growth in the past few years. Countries like India, China, France, Japan, Thailand, etc., are developing and deploying new-generation manned vessels into the fleet. For instance, under the Permanent Structured Cooperation on Defence and Security (PESCO) scheme, the European Council launched a new program of European Patrol Corvette (EPC) in November 2019. Under the program, Fincantieri and Naval Group are expected to design and develop a prototype for a new class of military ships to support a wide variety of missions. With the introduction of such new programs, the manned patrol vessels segment is expected to grow moderately. However, the evolution of military robotic technology has led to the deployment of unmanned vehicles across all three operating environments, air, land, and sea. Currently, countries are investing heavily in the introduction of autonomy into naval vessels, in order to minimize human interference and increase the effectiveness of the maritime missions. This is likely to propel the growth of the unmanned patrol vessels segment during the forecast period.

Maritime Patrol Naval Vessels Market Share

Asia-Pacific Region is Expected to Generate the Highest Demand during the Forecast Period

The on-going maritime disputes among various countries in the Asia-Pacific region are driving the investments toward fleet modernization and procurement of new maritime patrol vessels. Countries like China, India, Japan, Thailand, etc., are procuring new patrol vessels to strengthen their security along the borders. In January 2020, China began the construction of the largest offshore patrol vessel with an investment of USD 97.1 million for the coastguard to boost civilian maritime law enforcement capabilities. Guangdong Maritime Safety Administration plans to commission the new vessel into service by September 2021. Similarly, Thailand is rapidly developing its naval capabilities to address the maritime challenges in surrounding waters in the Andaman Sea, the Gulf of Thailand, and others. The country under the maritime modernization plan inducted its second Krabi-class missile-capable OPV, the HTMS Prachuap Khiri Khan in October 2019. The growing territorial tensions and subsequent fleet modernization plans of countries are anticipated to generate the demand for maritime patrol vessels from the Asia-Pacific region during the forecast period.

Maritime Patrol Naval Vessels Market Forecast

Competitive Landscape

The market of maritime patrol naval vessels is fragmented with the presence of many regional manufacturers that provide different types of patrol vessels. Some of the prominent players in the maritime patrol naval vessels market are BAE Systems PLC, Naval Group, Huntington Ingalls Industries Inc., Mitsubishi Heavy Industries Ltd, and Fincantieri SpA. The majority of the shipbuilding companies are based out of Europe, like BAE Systems PLC, Austal Limited, SAAB AB, Naval Group, and Damen Shipyards Group, among others. The companies are developing new patrolling vessels with the integration of advanced technology to increase various capabilities like autonomy, monitoring, and detection, etc. In July 2019, BAE Systems successfully completed the trails of the autonomous Pacific 950 Rigid Inflatable Boat (RIB) demonstrator. This demonstrator was developed in collaboration with L3Harris and MSI Defence Systems. This new vessel is integrated with automated navigational decision-making technologies, which will make naval missions faster, easier, and safer. The orders for such new and advanced vessels may enable the companies to increase their global footprint, as well as enhance cashflows.

Recent Development

Chantier Naval Couach launched on 19 November 2021 the first of twelve 2200 FPB (Fast Patrol Boat) for the Royal Saudi Naval Forces. The vessel is now conducting builder trials. These patrol boats will be tasked with sensitive infrastructures protection missions.

Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Buyers/Consumers

      2. 4.4.2 Bargaining Power of Suppliers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Type

      1. 5.1.1 Manned Patrol Vessels

        1. Offshore Patrol Vessels

        2. Corvettes

        3. Other Manned Patrol Vessels

      2. 5.1.2 Unmanned Patrol Vessels

    2. 5.2 Geography

      1. 5.2.1 North America

        1. United States

        2. Canada

      2. 5.2.2 Europe

        1. United Kingdom

        2. Germany

        3. France

        4. Russia

        5. Rest of Europe

      3. 5.2.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. Rest of Asia-Pacific

      4. 5.2.4 Rest of the World


    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 BAE Systems PLC

      2. 6.2.2 Austal Limited

      3. 6.2.3 SAAB AB

      4. 6.2.4 Naval Group

      5. 6.2.5 NAVANTIA SA

      6. 6.2.6 Damen Shipyards Group

      7. 6.2.7 Mitsubishi Heavy Industries Ltd

      8. 6.2.8 Fincantieri SpA

      9. 6.2.9 Fr. Lürssen Werft GmbH & Co. KG

      10. 6.2.10 Hyundai Heavy Industries Co. Ltd

      11. 6.2.11 Goa Shipyard Ltd

      12. 6.2.12 Huntington Ingalls Industries Inc.


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Frequently Asked Questions

The Maritime Patrol Naval Vessels Market market is studied from 2018 - 2027.

The Maritime Patrol Naval Vessels Market is growing at a CAGR of >4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

BAE Systems plc, Naval Group, Huntington Ingalls Industries Inc, Mitsubishi Heavy Industries Ltd, Fincantieri S.p.A. are the major companies operating in Maritime Patrol Naval Vessels Market.

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