The Global Naval Vessels and Surface Combatants and related MRO Market 2018
The
Global Naval Vessels and Surface Combatants and related MRO Market 2018-2028
Summary
The demand for naval vessels and surface
combatants and related MRO is anticipated to be driven by high
levels of expenditure by emerging economies in the Asia Pacific region,
such as India and China. The North American region is expected to maintain its
leading position, exhibiting a steady pace of growth over the forecast period
Global naval warfare has
witnessed a paradigm shift, and there is an increasing trend towards the
decentralization of naval attacks, whereby capabilities are distributed
around smaller vessels in addition to larger platforms such as aircraft carriers
and destroyers so as to make them more secure against an enemy attack. This has
motivated governments around the world to spend on smaller surface combatants
capable of operating in littoral waters, and advanced weapons and communication
systems to enable these ships to perform multiple missions.
Moreover, providing humanitarian relief, emergency
medical care, and combating smuggling, piracy, and terrorism, has resulted in
the continuous evolution of the role of naval vessels and surface combatants.
The changing trend has motivated manufacturers to develop more vessels with
strategic sea-lift and amphibious operations capabilities, enabling a number of
vessels to serve more than one role
In particular, the report provides an in-depth
analysis of the following -
- Market size and drivers: Detailed analysis
during 2018-2028, including highlights of the demand drivers and growth
stimulators. It also provides a snapshot of the spending and modernization
patterns of different regions around the world
- Recent developments and industry challenges:
Insights into technological developments and a detailed analysis of the
changing preferences of the naval vessels segment around the world. It
also provides trends of the changing industry structure and the challenges
faced by industry participants
- Regional highlights: Study of the key markets in
each region, providing an analysis of the key segments of the market that are
expected to be in demand
- Major programs: Details of the key programs in
each segment, which are expected to be executed during 2018-2028
- Competitive landscape and strategic insights:
Analysis of the competitive landscape of the global market. It provides an
overview of key players, together with information regarding key alliances,
strategic initiatives, and financial analysis
Synopsis
The Global Naval Vessels and Surface Combatants and
related MRO Market 2018-2028 report offers a detailed analysis of the industry,
with market size forecasts covering the next ten years. This report will also
analyze factors that influence demand for naval vessels and their corresponding
MRO equipment, key market trends, and challenges faced by industry
participants.
Scope
- The global naval vessels and surface combatants
and related MRO market, valued at US$50.6 billion in 2018, is expected to grow
at a CAGR of 3.29% to value US$69.9 billion by 2028.
- The market consists of five categories: Corvette,
Frigate, Amphibious Ship, Destroyer and Aircraft carrier. The market is
expected to be dominated by the Corvette followed by Frigate and Destroyers.
- The North America region is forecasted to dominate
the sector with a share of 40.4%, followed by the Asia Pacific and Europe.
Russia, UK and France to account for major market share in the European region.
Reasons to buy
- Determine prospective investment areas based on a
detailed trend analysis of the global naval vessels and surface combatants and
related MRO market over the next ten years.
- Gain in-depth understanding about the
underlying factors driving demand for different naval vessels and surface
combatants segments in the top spending countries across the world and identify
the opportunities offered by each of them.
- Strengthen your understanding of the market in
terms of demand drivers, industry trends, and the latest technological
developments, among others.
- Identify the major channels that are driving the
global naval vessels and surface combatants and related MRO market, providing a
clear picture about future opportunities that can be tapped, resulting in revenue
expansion.
- Channelize resources by focusing on the ongoing
programs that are being undertaken by the defense ministries of different
countries within the global naval vessels and surface combatants and related
MRO market.
- Make correct business decisions based on thorough
analysis of the total competitive landscape of the sector with detailed
profiles of the top naval vessels MRO providers around the world which
include information about their products, alliances, recent contract wins and
financial analysis wherever available.
You can request one free hour of our analysts time when
you purchase this market report. Details are provided within the report
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