Market Overview:
The global naval gun system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for naval guns for defense purposes, especially from emerging economies in Asia Pacific and Latin America. The global naval gun system market can be segmented on the basis of type into rail guns and laser guns. Railguns are expected to account for a larger share of the market than laser guns during the forecast period owing to their higher firepower and accuracy. On the basis of application, large ships are expected to account for a larger share of the market than medium or small ships during the forecast period. This is due to their ability to carry heavier weapons and engage targets at longer ranges. The global naval gun system market can also be segmented on regional basis into North America, Latin America, Europe, Asia Pacific and Middle East & Africa (MEA).
Product Definition:
A naval gun system is a weapon system used on warships. Naval gun systems are usually mounted on the bow or the stern of a vessel, and are used to engage targets either at close range or at long range. The primary purpose of a naval gun system is to engage enemy ships and other vessels, and to protect the ship from attack by enemy forces.
Rail Gun:
Rail gun, also known as electromagnetic rail gun or electro-mechanical hybrid (EMH) is a type of artillery shell that is propelled by a linear motor and guided by the use of magnetic fields. It consists of an inner tube containing an explosive charge with one or more metal rails laid across it. When the trigger is pressed, electricity from batteries travels along the tracks and launches the shell through tubes at high speed.
Laser Gun:
The laser gun is a device that emits light from a laser source. It can be used as an anti-aircraft weapon, for signaling, and for precision aiming. The first successful test of such a device was conducted in 1960 by the US Navy using the Hughes/Naval Research Laboratory’s (HRL) directed energy weapon system.
Application Insights:
The large ships application segment dominated the global naval gun system market in 2017. The segment is expected to witness significant growth over the forecast period owing to an increase in military expenditure by countries such as China, India and Japan. These countries are focusing on developing their maritime capabilities due to increasing tensions at sea border issues between different nations. For instance, China¢â‚¬â„¢s Defense White Paper 2016-2017 states that Beijing is planning to invest USD 142 billion over the next five years for building up its armed forces along with a modern navy fleet including aircraft carriers and destroyers.
Medium-sized ships are widely used by several navies for patrol, training and logistics purposes owing to low cost of ownership per unit of volume compared with larger warships.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period owing to increasing tensions between China and U.S. in the South China Sea, wherein both countries have deployed military assets in their respective archipelagos. Moreover, India and Japan are also involved in disputes regarding borders and islands which has led to an increase in defense spending by these countries as well as by regional governments thus fueling growth of this industry vertical over next eight years.
Europe was valued at USD X million in 2017 owing to a large presence of major naval shipbuilding centers including those of France (Dassault Aviation), Germany (Krauss-Maffei Group) along with other Eastern European nations such as Russia that are now part of NATO alliance for protection from Soviet Union during Cold War era.
Growth Factors:
- Increasing demand for naval gun systems from the military and defense sectors across the globe due to rising security concerns
- Proliferation of maritime terrorism and piracy, which has led to an increase in demand for naval gun systems
- Growing investments by governments worldwide in modernizing their naval fleets, which is expected to drive the growth of the global naval gun system market over the forecast period
- Rising number of territorial disputes among countries, which is leading to an increase in procurement of naval guns by navies worldwide
- Technological advancements in Naval Gun Systems that are increasing their accuracy and efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Naval Gun System Market Research Report
By Type
Rail Gun, Laser Gun
By Application
Large Ships, Medium Ships, Small Ships
By Companies
Bohemia Simulations, General Dynamics, Northrop Gruman, Kratos Defence, Miggitt Training Systems, The Boeing Company, Combat Training Solutions, Israel Aerospace Industries, Bae Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Naval Gun System Market Report Segments:
The global Naval Gun System market is segmented on the basis of:
Types
Rail Gun, Laser Gun
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Ships, Medium Ships, Small Ships
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bohemia Simulations
- General Dynamics
- Northrop Gruman
- Kratos Defence
- Miggitt Training Systems
- The Boeing Company
- Combat Training Solutions
- Israel Aerospace Industries
- Bae Systems
Highlights of The Naval Gun System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rail Gun
- Laser Gun
- By Application:
- Large Ships
- Medium Ships
- Small Ships
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Naval Gun System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Naval Gun System (NGS) is a family of naval artillery systems that provide long-range fire support for surface ships and submarines. NGS consists of a variety of gun mounts and ammunition types, providing the ability to engage targets out to ranges in excess of 100 miles.
Some of the key players operating in the naval gun system market are Bohemia Simulations, General Dynamics, Northrop Gruman, Kratos Defence, Miggitt Training Systems, The Boeing Company, Combat Training Solutions, Israel Aerospace Industries, Bae Systems.
The naval gun system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Naval Gun System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Naval Gun System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Naval Gun System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Naval Gun System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Naval Gun System Market Size & Forecast, 2018-2028
4.5.1 Naval Gun System Market Size and Y-o-Y Growth
4.5.2 Naval Gun System Market Absolute $ Opportunity
Chapter 5 Global Naval Gun System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Naval Gun System Market Size Forecast by Type
5.2.1 Rail Gun
5.2.2 Laser Gun
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Naval Gun System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Naval Gun System Market Size Forecast by Applications
6.2.1 Large Ships
6.2.2 Medium Ships
6.2.3 Small Ships
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Naval Gun System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Naval Gun System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Naval Gun System Analysis and Forecast
9.1 Introduction
9.2 North America Naval Gun System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Naval Gun System Market Size Forecast by Type
9.6.1 Rail Gun
9.6.2 Laser Gun
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Naval Gun System Market Size Forecast by Applications
9.10.1 Large Ships
9.10.2 Medium Ships
9.10.3 Small Ships
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Naval Gun System Analysis and Forecast
10.1 Introduction
10.2 Europe Naval Gun System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Naval Gun System Market Size Forecast by Type
10.6.1 Rail Gun
10.6.2 Laser Gun
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Naval Gun System Market Size Forecast by Applications
10.10.1 Large Ships
10.10.2 Medium Ships
10.10.3 Small Ships
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Naval Gun System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Naval Gun System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Naval Gun System Market Size Forecast by Type
11.6.1 Rail Gun
11.6.2 Laser Gun
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Naval Gun System Market Size Forecast by Applications
11.10.1 Large Ships
11.10.2 Medium Ships
11.10.3 Small Ships
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Naval Gun System Analysis and Forecast
12.1 Introduction
12.2 Latin America Naval Gun System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Naval Gun System Market Size Forecast by Type
12.6.1 Rail Gun
12.6.2 Laser Gun
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Naval Gun System Market Size Forecast by Applications
12.10.1 Large Ships
12.10.2 Medium Ships
12.10.3 Small Ships
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Naval Gun System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Naval Gun System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Naval Gun System Market Size Forecast by Type
13.6.1 Rail Gun
13.6.2 Laser Gun
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Naval Gun System Market Size Forecast by Applications
13.10.1 Large Ships
13.10.2 Medium Ships
13.10.3 Small Ships
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Naval Gun System Market: Competitive Dashboard
14.2 Global Naval Gun System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bohemia Simulations
14.3.2 General Dynamics
14.3.3 Northrop Gruman
14.3.4 Kratos Defence
14.3.5 Miggitt Training Systems
14.3.6 The Boeing Company
14.3.7 Combat Training Solutions
14.3.8 Israel Aerospace Industries
14.3.9 Bae Systems
