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Naval Vessel MRO Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029

  • ID: 5315037
  • Report
  • March 2021
  • Region: Global
  • 115 pages
  • Acute Market Reports

FEATURED COMPANIES

  • BAE systems
  • Elbit Systems
  • General Dynamics
  • Kongsberg
  • Lockheed Martin
  • Northrop Grumman
  • MORE
The maintenance, repair and overhaul of navy vessels includes maintenance and repair works on engine & its components, vessel deck, mechanical, and electrical components. For efficient performance and proper running of mechanical and electrical components, standard operating procedures are followed as described in the navy manual. Today, warships are considered as one of the largest platforms carrying complex weapons, equipment’s, sensors amongst others. Therefore, their frequent repair and maintenance is thus of utmost importance since they have to be in high state of preparedness to face extreme environment, hostile territories and operational demands near shore or in deep sea.

Refit & repair are considered as critical activity of a vessel for its safe and efficient operation. The navy undertakes various sea worthiness and operational fitness tests primarily at naval docks. This service of making vessel or its fleet sea worthy, is also handed to public/private sector shipyards.

Most of navy vessels designs are old and in many cases, the ships are converted from commercial merchant ship. This conversion is one of the major reason for increased frequency of repair and maintenance works. Historically, navy ships were mostly adapted from cruise liners and passenger ships but now even the offshore going project vessels are also considered for conversion. Thus, the conversion activity mandatorily involves immense MRO activities and is one of the major driving factor for the navy vessel MRO market.

Royal navy and other naval vessels are very often deployed away from their base ports for very long duration that significantly arises MRO issues. In cases where there is high focus on warfare activities (expeditionary) and relief operations, navy vessels with high utility capacity are preferred, that requires frequent maintenance and repair of vessels as a defense mandate. Therefore, leading to high growth in maintenance, overhaul and repair of fleet.

The repair and maintenance are carried out under operational-cum-refit-cycle (OCRC) for each class of ship. The OCRC is propagated by the defense ministries of respective countries based on timely basis and its operational experience. The MRO techniques helps in introducing or phasing out of a particular class and built of ship. The OCRC defines the period wherein a particular naval vessel is to remain at sea, be under deployable state and finally a period it has to spend for MRO activity.

Based on the MRO service type, the market is segmented into Maintenance & Repair Level (Organizational MR, Intermediate MR, Depot MR), Overhauls (Baseline Overhaul, Regular Overhaul and Complex Overhaul). Based on navy vessel types, the market is segmented into battleship, corvette, minesweeper, frigate and others. North America accounts for the highest expenditure in the MRO market and majority of the expenditure is made by the U.S. Asia Pacific and European regions also account for a significant portion of the market share.

The key naval vessel MRO service providers are, but not limited to: BAE systems, General Dynamics, Hutington Ingalls Industries, Lockheed Martin, Northrop Grumman, Elbit Systems, Raytheon, Rockwell Collins, SIAC, Kongsberg, SAAB, Teledyne Brown Engineering, Babcock International Group and URS Corporation.

The Global Navy Vessels MRO Market is segmented into following categories:
By MRO Service Type
  • Maintenance & Repair (MR) Level
  • Organizational MR
  • Intermediate MR
  • Depot MR
  • Voyage MR
  • Overhauls
  • Baseline Overhaul (BOH)
  • Regular Overhaul (ROH)
  • Complex Overhaul (COH)
  • Integrated Logistics Overhaul (ILO)
By Navy Vessels Type
  • Battleship
  • Corvette
  • Submarines
  • Frigate
  • Others [minesweeper, dromon, full rigged ship, missile boat, etc.]
By Geography
  • North America
  • U.S.
  • Canada
  • Europe
  • France
  • Germany
  • U.K.
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India and Indian Sub-Continent
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
  • GCC
  • Rest of Middle East & Africa
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • BAE systems
  • Elbit Systems
  • General Dynamics
  • Kongsberg
  • Lockheed Martin
  • Northrop Grumman
  • MORE
Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase II-Expert Panel Review
1.3.4. Top Down & Bottom Up Approach
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5. Assumptions
1.3.6. Approach Adopted
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Naval Vessels MRO Market Snapshot
2.1.1. Global Naval Vessels MRO Market, by MRO Service Type, 2021 (US$ Mn)
2.1.2. Global Naval Vessels MRO Market, by Navy Vessels Type, 2021 (US$ Mn)
2.1.3. Global Naval Vessels MRO Market, by Geography, 2021 (US$ Mn)

Chapter 3. Naval Vessels MRO Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.2.1. Increased Defense Budget Spending in North America and Asia Pacific Market to Drive the Market for the Forecast Period
3.3. Challenges
3.3.1. Highly Stringent Vendor/Dealer/OEM Selections for Raw Material Supply in Weapon and Navy Class Ship Building
3.4. Opportunities
3.4.1. Demand for C4ISR (Communications, Command, Control, Computers, Intelligence, Surveillance and Reconnaissance) Systems is Expected to Boost Market Growth in the Future
3.5. Attractive Investment Proposition, by Geography, 2020
3.6. Competitive Landscape
3.6.1. Competitive Landscape of Key Players in Battleships Growth Protection Systems Market, 2020

Chapter 4. Global Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
4.1. Overview
4.1.1. Global Naval Vessels MRO Market Value Share, by MRO Service Type, 2021 & 2029 (Value, %)
4.2. Maintenance & Repair (MR) Level
4.2.1. Organizational MR
4.2.2. Intermediate MR
4.2.3. Depot MR
4.2.4. Voyage MR
4.3. Overhauls
4.3.1. Baseline Overhaul (BOH)
4.3.2. Regular Overhaul (ROH)
4.3.3. Complex Overhaul (COH)
4.3.4. Integrated Logistics Overhaul (ILO)

Chapter 5. Global Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
5.1. Overview
5.1.1. Global Naval Vessels MRO Market Value Share, by Navy Vessels Type, 2021 & 2029 (Value, %)
5.2. Battleships
5.3. Corvettes
5.4. Submarines
5.5. Frigates
5.6. Others (minesweeper, dromon, full rigged ship, missile boat, etc.)

Chapter 6. Global Naval Vessels MRO Market, by Geography, 2019 - 2029(US$ Mn)
6.1. Overview
6.1.1. Global Naval Vessels MRO Market Value Share, by Geography, 2021 & 2029 (Value, %)
6.2. North America Naval Vessels MRO Market Analysis, 2019 - 2029
6.2.1. North America Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.2.2. North America Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.2.3. North America Naval Vessels MRO Market, by Country, 2019 - 2029(US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.2.4. U.S. Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.2.5. U.S. Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.2.6. Canada Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.2.7. Canada Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.3. Europe Naval Vessels MRO Market Analysis, 2019 - 2029
6.3.1. Europe Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.3.2. Europe Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.3.3. Europe Naval Vessels MRO Market, by Country, 2019 - 2029(US$ Mn)
6.3.3.1. Germany
6.3.3.2. U.K.
6.3.3.3. France
6.3.3.4. Rest of Europe
6.3.4. Germany Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.3.5. Germany Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.3.6. U.K. Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.3.7. U.K. Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.3.8. France Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.3.9. France Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.3.10. Rest of Europe Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.3.11. Rest of Europe Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.4. Asia Pacific Naval Vessels MRO Market Analysis, 2019 - 2029
6.4.1. Asia Pacific Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.4.2. Asia Pacific Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.4.3. Asia Pacific Naval Vessels MRO Market, by Country, 2019 - 2029(US$ Mn)
6.4.3.1. China
6.4.3.2. Japan
6.4.3.3. India
6.4.3.4. Rest of APAC
6.4.4. China Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.4.5. China Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.4.6. Japan Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.4.7. Japan Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.4.8. India Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.4.9. India Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.4.10. Rest of Asia Pacific Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.4.11. Rest of Asia Pacific Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.5. Latin America Naval Vessels MRO Market Analysis, 2019 - 2029
6.5.1. Latin America Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.5.2. Latin America Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.5.3. Latin America Naval Vessels MRO Market, by Country, 2019 - 2029(US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.5.4. Brazil Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.5.5. Brazil Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.5.6. Mexico Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.5.7. Mexico Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.5.8. Rest of Latin America Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.5.9. Rest of Latin America Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.6. Middle East & Africa (MEA) Naval Vessels MRO Market Analysis, 2019 - 2029
6.6.1. MEA Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.6.2. MEA Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.6.3. MEA Naval Vessels MRO Market, by Region, 2019 - 2029(US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA
6.6.4. GCC Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.6.5. GCC Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)
6.6.6. Rest of MEA Naval Vessels MRO Market, by MRO Service Type, 2019 - 2029(US$ Mn)
6.6.7. Rest of MEA Naval Vessels MRO Market, by Navy Vessels Type, 2019 - 2029(US$ Mn)

Chapter 7. Company Profiles
7.1. BAE Systems
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. General Dynamics,
7.3. Hutington Ingalls Industries
7.4. Lockheed Martin
7.5. Northrop Grumman
7.6. Elbit Systems
7.7. Raytheon
7.8. Rockwell Collins
7.9. SIAC
7.10. Kongsberg
7.11. SAAB
7.12. Teledyne Brown Engineering
7.13. Babcock International Group
7.14. URS Corporation
Note: Product cover images may vary from those shown
  • BAE systems
  • General Dynamics
  • Hutington Ingalls Industries
  • Lockheed Martin
  • Northrop Grumman
  • Elbit Systems
  • Raytheon
  • Rockwell Collins
  • SIAC
  • Kongsberg
  • SAAB
  • Teledyne Brown Engineering
  • Babcock International Group
  • URS Corporation.
Note: Product cover images may vary from those shown
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