Worldwide OPV demand increasing
Defence IQ has just released a market report: Global Offshore Patrol Vessels 2015-2016. The report reveals that at least 24 countries are known to have a total of 136 OPVs on order and 30 countries have plans for up to another 276 at a total value of over $60 billion.
The report claims that the total number of OPVs on order has increased by 4% in the last year, while the number planned has also increased by 4%.
It also states that the total number of OPVs in operation worldwide has increased from 681 to 776 in the last year, but an additional 49 Chinese and 16 Taiwanese vessels, previously not included, but now classified as OPVs have been added to the total. Disregarding these additional vessels, the world OPV fleet has actually grown by 4.4% in the last year.
According to the report Asia has the largest proportion of the current fleet (44%) and the numbers on order (46%). Japan and India have 50% of the Asian vessels between them, while India alone has 26% of the total vessels on order worldwide. The proportion of the total number of OPVs on order worldwide, in South America, has increased from 13%-15% over the last year, while in Europe, the proportion on order has increased from 8% to 19% of the worldwide total and in North America, from 6% to 15%.
Find out more by downloading the free report at www.offshorepatrolvessels.com
