OPV Holdings and Requirements Report 2016
Offshore Patrol Vessels (OPVs) are the fastest growing segment of the Naval Vessels Market. At least 36 countries are known to have a total of 167 OPVs on order and 28 countries have plans for up to another 239 at a total value of over $60 billion. The total number of OPVs on order has increased by 23% in the last year, although the number planned has decreased by 13% as plans have transferred to orders.
The total number of OPVs in operation worldwide has increased from 776 to 839 in the last year, a growth rate of 8%. Around 87 countries now operate OPVs or have them on order. Asia has the largest proportion of the current fleet (46%) and the numbers on order (49%). Japan and India have 46% of the Asian vessels between them, while India alone has 25% of the total vessels on order worldwide.
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