1. Market Research
  2. > Aerospace and Defence Market Trends

The Global Naval Vessels and Surface Combatants Market 2017-2027

  • July 2017
  • 194 pages
  • Strategic Defence Intelligence (SDI)
Report ID: 2275942

Summary

Table of Contents

Search Inside

The Global Naval Vessels and Surface Combatants Market 2017-2027

Summary
Global naval vessels and surface combatants market is valued at US$36.4 Billion in 2017, and will grow at a CAGR of 2.97%, to a value of US$48.8 Billion by 2027. The cumulative market for global naval vessels and surface combatants is anticipated to value US$446.7 Billion over the forecast period. The demand for naval vessels and surface combatants 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.

In terms of segments, the naval vessels and surface combatants market is split into five segments: aircraft carriers, amphibious ships, corvettes, destroyers, and frigates. During the forecast period, corvettes are expected to account for the largest share of spending, accounting for 25.7% of the overall global market. Spending in this segment will be largely driven by procurement programs in the North American region, followed by investments in Asia Pacific, Europe, and the Middle East.

Naval vessels and surface combatants market is expected to be led by North America with a share of 39.5% over the forecast period, followed by Asia Pacific with a share of 27.7% and Europe with 23.2%. The Middle Eastern market for naval vessels and surface combatants is projected to account for 5.0% of the global naval vessels and surface combatants market, followed by the Latin American and African markets with shares of 3.1% and 1.5% respectively.

Global naval vessels and surface combatants market is dominated by North America, and the US is the largest spender in the sector. Overall, North America will spend US$176.5 Billion on naval vessels and surface combatants programs during the forecast period. Asia Pacific represents the second-largest market, with total naval vessels and surface combatants spending valued at US$123.5 Billion over the forecast period.

The report “The Global Naval Vessels and Surface Combatants Market 2017-2027” offers detailed analysis of the Global Naval Vessels and Surface Combatants Market over the next ten years, and provides market size forecasts. Furthermore, it covers key technological and market trends in the industry, and analyzes factors influencing demand for naval vessels.

- Overview: Snapshot of the naval vessels and surface combatants market during 2017-2027, including highlights of the demand drivers, trends and challenges. It also provides a snapshot of the spending with respect to regions as well as segments.
- Market Dynamics: Insights into the technological developments in the naval vessels and surface combatants market and a detailed analysis of the changing preferences of governments around the world. It also analyzes changing industry structure trends and the challenges faced by the industry participants.
- Segment Analysis: Insights into the naval vessels and surface combatants market from a segmental perspective and a detailed analysis of factors influencing the market for each sector
- Regional Review: Insights into modernization patterns and budgetary allocation for top countries within a region.
- Regional Analysis: Insights into the naval vessels and surface combatants market from a regional perspective and a detailed analysis of factors influencing the market for each region.
- Trend Analysis - Key Defense Market: Analysis of the key markets in each region, providing an analysis of the naval vessel segments expected to be in demand in each region.
- Key Program Analysis: details of the top programs in each segment expected to be executed during the forecast period
- Competitive landscape analysis: Analysis of competitive landscape of the global naval vessels and surface combatants industry. It provides an overview of key defense
companies, together with insights such as key alliances, strategic initiatives and a brief financial analysis.

Companies mentioned in this report: Daewoo Shipbuilding & Marine Engineering, Huntington Ingalls Industries, Fincantieri, BAE Systems, Hyundai Heavy Industries, PO Sevmash, ThyssenKrupp Marine Systems AG, Thales, Lockheed Martin Corporation, ASC Pty Ltd., Damen Schelde Naval Shipbuilding (DSNS), Abu Dhabi Shipbuilding, DCNS, Navantia, General Dynamics, Austal, Mazagon Docks Limited.

Scope
- Global Naval Vessels and Surface Combatants Market is projected to register a CAGR of 2.97% over 2017-2027.
- In terms of categories, the Corvettes segment is anticipated to account for the largest share of expenditure globally, with a market share of
25.7% followed by the Destroyers segment with a share of 23.6%. Frigates and Aircraft Carriers are anticipated to account
for the third and fourth largest segments of expenditure with a share of 23.5% and 14.2% respectively over the forecast period. The remaining market
share of 13% is expected to be constituted by the Amphibious Ships segment.

Reasons to buy
- Determine prospective investment areas based on a detailed trend analysis of the global naval vessels and surface combatants market over the next ten years
- Gain in-depth understanding about the underlying factors driving demand for different naval vessel 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 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 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 providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Amrita helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global SONAR System Market 2017-2021

  • $ 3500
  • Industry report
  • June 2017
  • by Infiniti Research Limited

About SONAR System Sound navigation and ranging, also known as sonar, is a sensing technique of employing sound propagation for navigating, detecting, and communicating with underwater objects. Sona ...

Global Naval Vessels MRO Market 2017-2021

  • $ 3500
  • Industry report
  • May 2017
  • by Infiniti Research Limited

About Naval Vessels MRO Naval vessels are differentiated from civilian ships by their design and purpose. Such ships are damage-resilient and armed with weapon systems. The naval vessels maintenance, repair, ...

Global Naval ISR Market 2017-2021

  • $ 3500
  • Industry report
  • April 2017
  • by Infiniti Research Limited

About Naval ISR The global naval ISR market is gaining momentum due to increasing maritime tensions and rapid development of high-end naval vessels by countries. As modern combats involve a greater emphasis ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.