A Comprehensive Analysis of the Global Fast Attack Craft Market
Geopolitical Tensions and Maritime Security, Increased Emphasis on Multi-Mission Capabilities, and Technological Advancements and Innovation are factors driving the Global Fast Attack Craft market in the forecast period 2024-2028. According to TechSci Research report, “ Global Fast Attack Craft Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Fast Attack Craft Market stood at USD 4.5 billion in 2022 and is anticipated to grow with a CAGR of 6.19% in the forecast period, 2024-2028. Equipped with anti-ship missiles, torpedoes, and cannons, a fast attack craft (FAC) is a compact, maneuverable, swift, and attack-capable vessel. Rapid assault boats are employed in several missions, including anti-piracy, anti-surface, anti-air, and marine patrol. Since quick attack ships are less capable of defense, they are typically chosen in coastal areas as opposed to the middle of the ocean. Their primary usage is in offensive roles. Even eno...