A patrol boat refers to a vessel used for tasks
such as patrolling, law enforcement, search and rescue, and security
maintenance at sea or in water. They are usually equipped with necessary
equipment and tools such as radar, navigation systems, communication equipment,
weapons, etc. to cope with various complex situations. Patrol boats, as
important maritime security and law enforcement tools, play an irreplaceable
role in safeguarding national security, safeguarding maritime rights and
interests, and combating illegal activities.
Segmented Product Types
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Classified
by purpose
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Coast guarding patrol boats
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Border patrol boats
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Fishing patrol boats
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Environmental patrol boats
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Classified
by power
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Mobile patrol boats
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Non-motorized patrol boats
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Classified
by size
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Small patrol boats
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Medium-sized patrol boats
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Large patrol boats
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Small patrol boats hold the largest market share, reaching 57.54% in
2023.
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Source: www.globalmarketmonitor.com
Overview of Market Development and Analysis of Competitive Landscape
Thanks to the increasing attention paid by countries around the world to maritime safety and law enforcement, as well as the continuous growth of maritime trade and fishing activities, the global patrol boat market has shown a steady growth trend in the past few years. According to our research data, the global patrol boat market size reached $43.77 billion in 2023.
From a regional distribution perspective, the global patrol boat market is mainly concentrated in North America, Europe, and the Asia Pacific region. These regions have vast marine resources and abundant marine economic activities, therefore there is a high demand for patrol boats. Meanwhile, countries in these regions also attach great importance to maritime safety and law enforcement, providing strong support for the development of the patrol boat market.
From the perspective of market competition, the concentration of the global patrol boat market is low. According to our data, the total revenue for patrol boats of the top 3 companies in the industry was $5721 million in 2023, with a total revenue share of only 13.07%. The top 3 companies were Lürssen, ThyssenKrupp, and Hyundai Heavy Industries. In 2023, these three companies accounted for 4.84%, 4.46%, and 3.77% of the global patrol boat market revenue, respectively.
Global Patrol Boat Market Size and Competitive Landscape Analysis
Source: www.globalmarketmonitor.com
Market Development Prospect Analysis
In the coming years, it is expected that the global patrol boat market will continue to maintain a stable growth trend. On the one hand, with the continuous development of the global marine economy, the demand for patrol boats will continue to increase; On the other hand, with the continuous progress and application of technology, the performance and functions of patrol boats will also continue to improve, better meeting market demand. It is expected that the global patrol boat market size will increase to $64.39 billion by 2028.
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