Fast Attack Craft Market Size & Share | Analysis - 2030

The 2023 valuation of the global Fast Attack Craft Market stood at $4 billion, and it is anticipated to achieve $6.3 billion by 2030, displaying a Compound Annual Growth Rate (CAGR) of 8% between 2024 and 2030. The escalating geopolitical tensions and territorial conflicts in different regions have led to a heightened demand for fast attack craft (FACs). This surge in demand is attributed to the need to strengthen naval forces and protect national interests. As nations grapple with increasing challenges to their maritime sovereignty, the significance of FACs in enhancing defense capabilities and effectively addressing geopolitical uncertainties continues to grow.