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A fast attack craft (FAC) is an agile, small, fast, & attack capable warships, which is equipped with anti-ship missiles, torpedoes, and guns. The fast attack crafts are used in various operations such as maritime patrol, anti-surface warfare, anti-air warfare, search & rescue operations, and in anti-piracy missions. FAC are generally preferred in coastal regions rather than in middle of ocean, as fast attack craft lacks in defensive capabilities. Fast attack crafts are mostly used for attacking roles. When loaded with guided missiles, the fast attack crafts can become big threat to even large capital ships. FAC becomes very effective when used parallel with new advanced warfare systems such as virtual fence, underwater acoustic weapons, multi-static antisubmarine warfare capability enhancement (MACE), and integrated security systems.
COVID-19 Scenario analysis:
Increase in emphasis on maritime security, rise in demand for fast attack craft, raw material affluence, and surge in industrialization are some of the major factors that drive the growth of the non-missile armed fast attack craft market. However, high maintenance cost of such vessels is hampering the growth of the non-missile armed fast attack craft market. On the contrary, increasing focus on seaborne dominance by countries such as China, may contribute further in the growth of the non-missile armed fast attack craft (FAC) market.
Fast attack craft (FAC) are considered as small warships. Moreover, non-missile armed fast attack craft are low-cost platform that can serve several purposes of navy such as patrolling, participating in show the flag missions, and more. Therefore, defense forces are largely using such vessels due to their cost effectiveness and speed, which has created significant demand of non-missile armed fast attack craft. Hence, application of non-missile armed fast attack craft in operations such as patrolling is driving the global non-missile armed fast attack craft (FAC) market.        Â
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Questions answered in the global non-missile armed fast attack craft (FAC) Market research report:
Non-Missile Armed Fast Attack Craft (FAC) Market Report Highlights
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Key Market Players | GRSE., CSOC, FINCANTIERI S.p.A., Navantia, Damen Shipyards Group, Goa Shipyard Ltd., Hanjin Heavy Industries & Construction Co. LTD, Lürssen, CMN, BAE Systems |
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