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Naval Vessels MRO - Global Market Trajectory & Analytics

  • ID: 5140443
  • Report
  • September 2020
  • Region: Global
  • 140 pages
  • Global Industry Analysts, Inc
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Global Naval Vessels MRO Market to Reach $14.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Naval Vessels MRO estimated at US$8.4 Billion in the year 2020, is projected to reach a revised size of US$14.2 Billion by 2027, growing at a CAGR of 7.7% over the analysis period 2020-2027. Submarines, one of the segments analyzed in the report, is projected to record a 10.3% CAGR and reach US$2.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Frigates segment is readjusted to a revised 5.8% CAGR for the next 7-year period.

The U. S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 7.1% CAGR

The Naval Vessels MRO market in the U. S. is estimated at US$2.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR.

Corvettes Segment to Record 9.4% CAGR

In the global Corvettes segment, USA, Canada, Japan, China and Europe will drive the 9.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$525.2 Million in the year 2020 will reach a projected size of US$989.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.6 Billion by the year 2027. We bring years of research experience to this 6th edition of our report. The 140-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • BAE Systems PLC
  • Elbit Systems Ltd.
  • General Dynamics Corporation
  • Harris Corporation
  • Huntington Ingalls Industries, Inc.
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Raytheon Company
  • Rockwell Collins, Inc.
  • SAAB AB
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Global Competitor Market Shares
  • Naval Vessels MRO Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Current & Future Analysis for Naval Vessels MRO by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 2: World Historic Review for Naval Vessels MRO by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 3: World 15-Year Perspective for Naval Vessels MRO by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2020 & 2027
  • TABLE 4: World Current & Future Analysis for Submarines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 5: World Historic Review for Submarines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 6: World 15-Year Perspective for Submarines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • TABLE 7: World Current & Future Analysis for Frigates by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 8: World Historic Review for Frigates by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 9: World 15-Year Perspective for Frigates by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • TABLE 10: World Current & Future Analysis for Corvettes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 11: World Historic Review for Corvettes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 12: World 15-Year Perspective for Corvettes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • TABLE 13: World Current & Future Analysis for Destroyer by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 14: World Historic Review for Destroyer by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 15: World 15-Year Perspective for Destroyer by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • TABLE 16: World Current & Future Analysis for Other Platform Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 17: World Historic Review for Other Platform Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 18: World 15-Year Perspective for Other Platform Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Naval Vessels MRO Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • TABLE 19: USA Current & Future Analysis for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 20: USA Historic Review for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 21: USA 15-Year Perspective for Naval Vessels MRO by Platform Type - Percentage Breakdown of Value Sales for Submarines, Frigates, Corvettes, Destroyer and Other Platform Types for the Years 2012, 2020 & 2027
CANADA
  • TABLE 22: Canada Current & Future Analysis for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 23: Canada Historic Review for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 24: Canada 15-Year Perspective for Naval Vessels MRO by Platform Type - Percentage Breakdown of Value Sales for Submarines, Frigates, Corvettes, Destroyer and Other Platform Types for the Years 2012, 2020 & 2027
JAPAN
  • TABLE 25: Japan Current & Future Analysis for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 26: Japan Historic Review for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 27: Japan 15-Year Perspective for Naval Vessels MRO by Platform Type - Percentage Breakdown of Value Sales for Submarines, Frigates, Corvettes, Destroyer and Other Platform Types for the Years 2012, 2020 & 2027
CHINA
  • TABLE 28: China Current & Future Analysis for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 29: China Historic Review for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 30: China 15-Year Perspective for Naval Vessels MRO by Platform Type - Percentage Breakdown of Value Sales for Submarines, Frigates, Corvettes, Destroyer and Other Platform Types for the Years 2012, 2020 & 2027
EUROPE
  • Market Facts & Figures
  • European Naval Vessels MRO Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
  • TABLE 31: Europe Current & Future Analysis for Naval Vessels MRO by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 32: Europe Historic Review for Naval Vessels MRO by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 33: Europe 15-Year Perspective for Naval Vessels MRO by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2020 & 2027
  • TABLE 34: Europe Current & Future Analysis for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 35: Europe Historic Review for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 36: Europe 15-Year Perspective for Naval Vessels MRO by Platform Type - Percentage Breakdown of Value Sales for Submarines, Frigates, Corvettes, Destroyer and Other Platform Types for the Years 2012, 2020 & 2027
FRANCE
  • TABLE 37: France Current & Future Analysis for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 38: France Historic Review for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 39: France 15-Year Perspective for Naval Vessels MRO by Platform Type - Percentage Breakdown of Value Sales for Submarines, Frigates, Corvettes, Destroyer and Other Platform Types for the Years 2012, 2020 & 2027
GERMANY
  • TABLE 40: Germany Current & Future Analysis for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 41: Germany Historic Review for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 42: Germany 15-Year Perspective for Naval Vessels MRO by Platform Type - Percentage Breakdown of Value Sales for Submarines, Frigates, Corvettes, Destroyer and Other Platform Types for the Years 2012, 2020 & 2027
ITALY
  • TABLE 43: Italy Current & Future Analysis for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 44: Italy Historic Review for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 45: Italy 15-Year Perspective for Naval Vessels MRO by Platform Type - Percentage Breakdown of Value Sales for Submarines, Frigates, Corvettes, Destroyer and Other Platform Types for the Years 2012, 2020 & 2027
UNITED KINGDOM
  • TABLE 46: UK Current & Future Analysis for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 47: UK Historic Review for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 48: UK 15-Year Perspective for Naval Vessels MRO by Platform Type - Percentage Breakdown of Value Sales for Submarines, Frigates, Corvettes, Destroyer and Other Platform Types for the Years 2012, 2020 & 2027
REST OF EUROPE
  • TABLE 49: Rest of Europe Current & Future Analysis for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 50: Rest of Europe Historic Review for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 51: Rest of Europe 15-Year Perspective for Naval Vessels MRO by Platform Type - Percentage Breakdown of Value Sales for Submarines, Frigates, Corvettes, Destroyer and Other Platform Types for the Years 2012, 2020 & 2027
ASIA-PACIFIC
  • TABLE 52: Asia-Pacific Current & Future Analysis for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 53: Asia-Pacific Historic Review for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 54: Asia-Pacific 15-Year Perspective for Naval Vessels MRO by Platform Type - Percentage Breakdown of Value Sales for Submarines, Frigates, Corvettes, Destroyer and Other Platform Types for the Years 2012, 2020 & 2027
REST OF WORLD
  • TABLE 55: Rest of World Current & Future Analysis for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 56: Rest of World Historic Review for Naval Vessels MRO by Platform Type - Submarines, Frigates, Corvettes, Destroyer and Other Platform Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
  • TABLE 57: Rest of World 15-Year Perspective for Naval Vessels MRO by Platform Type - Percentage Breakdown of Value Sales for Submarines, Frigates, Corvettes, Destroyer and Other Platform Types for the Years 2012, 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 47
Note: Product cover images may vary from those shown
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