Market Overview:
The global military shipbuilding and submarines market is expected to grow at a CAGR of 3.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for warships and submarines across the globe due to rising geopolitical tensions and maritime security concerns. In addition, the increasing focus on naval modernization programs by various countries is also contributing to the growth of this market. The ships segment is expected to account for the majority share of this market in 2018, followed by submarines. On water applications are expected to account for a larger share of this market than under water applications during the forecast period.
Product Definition:
The term "military shipbuilding" typically refers to the construction of warships and submarines for military use. The importance of military shipbuilding and submarines varies depending on the country and its naval strategy, but they are often considered key components of a nation's defense.
Ships:
Ships are used for transportation of goods and materials from one place to another. They are also used as a platform for conducting military operations in the naval forces. The ships have huge storage space, they can carry many tanks or vehicles which makes them very effective during wars. Also, with the usage of aircraft carriers it becomes easier to supply troops who are deployed on land with necessary material and goods without any failure due to lack of transport facility or delay in its delivery.
Submarines:
Submarines and its usage in Military Shipbuilding & Submarines market is a service, which involves designing, development and construction of submarines for defense forces. It includes designing the submarine hull structure as well as integration with nuclear propulsion plant. The product also covers repair and maintenance services associated with these vessels.
The global submarine market size was valued at USD 20 billion in 2016.
Application Insights:
On water application segment accounted for the largest revenue share of over 60% in 2017. The demand for military ships is expected to increase due to rising global tensions. Countries such as China, India and Japan are developing their naval capabilities which may require more ships in future.
Global military shipbuilding.
The under water segment is projected to witness the fastest growth rate over the forecast period owing to increasing defense expenditure by countries such as China, Russia and France which has resulted in increased spending on submarines development & procurement.
Regional Analysis:
Asia Pacific dominated the global military shipbuilding and submarines market in terms of both volume and revenue. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing maritime disputes, growing tensions between countries such as India and China, along with other South East Asian nations, Australia etc., which have led to an increase in defense spending by various governments across the globe.
Growth Factors:
- Increasing demand for maritime security from the developing countries in Asia Pacific and the Middle East
- Proliferation of submarines and naval vessels among the regional powers
- Growing investments by navies towards modernization of their fleets
- Emergence of new technologies such as unmanned underwater vehicles (UUVs) that are aiding in shipbuilding and submarine operations
- Stringent environmental regulations to curb emissions from ships that are encouraging development of more fuel-efficient vessels
Scope Of The Report
Report Attributes
Report Details
Report Title
Military Shipbuilding and Submarines Market Research Report
By Type
Ships, Submarines
By Application
On Water, Under Water
By Companies
Northrop Grumman Corp, General Dynamics Corp, DCNS S.A, BAE Systems, Singapore Technologies Engineering, Mitsubishi Heavy Industries, Daewoo Shipbuilding and Marine Engineering, Lockheed Martin, Huntington Ingalls Industries, Finmeccanica, Textron, CSSC
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Military Shipbuilding and Submarines Market Report Segments:
The global Military Shipbuilding and Submarines market is segmented on the basis of:
Types
Ships, Submarines
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
On Water, Under Water
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:
- Northrop Grumman Corp
- General Dynamics Corp
- DCNS S.A
- BAE Systems
- Singapore Technologies Engineering
- Mitsubishi Heavy Industries
- Daewoo Shipbuilding and Marine Engineering
- Lockheed Martin
- Huntington Ingalls Industries
- Finmeccanica
- Textron
- CSSC
Highlights of The Military Shipbuilding and Submarines 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:
- Ships
- Submarines
- By Application:
- On Water
- Under Water
- 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 Military Shipbuilding and Submarines 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
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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?
Military shipbuilding and submarines are two different types of construction projects that involve the design, construction, and operation of ships or submarines. Military shipbuilding projects typically involve the design, construction, and repair of warships. Submarine building projects typically involve the design, construction, testing (including operational tests), and maintenance of submarines.
Some of the major players in the military shipbuilding and submarines market are Northrop Grumman Corp, General Dynamics Corp, DCNS S.A, BAE Systems, Singapore Technologies Engineering, Mitsubishi Heavy Industries, Daewoo Shipbuilding and Marine Engineering, Lockheed Martin, Huntington Ingalls Industries, Finmeccanica, Textron, CSSC.
The military shipbuilding and submarines market is expected to grow at a compound annual growth rate of 3.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Military Shipbuilding and Submarines Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Military Shipbuilding and Submarines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Military Shipbuilding and Submarines Market - Supply Chain
4.5. Global Military Shipbuilding and Submarines Market Forecast
4.5.1. Military Shipbuilding and Submarines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Military Shipbuilding and Submarines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Military Shipbuilding and Submarines Market Absolute $ Opportunity
5. Global Military Shipbuilding and Submarines Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Military Shipbuilding and Submarines Market Size and Volume Forecast by Type
5.3.1. Ships
5.3.2. Submarines
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Military Shipbuilding and Submarines Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Military Shipbuilding and Submarines Market Size and Volume Forecast by Application
6.3.1. On Water
6.3.2. Under Water
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Military Shipbuilding and Submarines Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Military Shipbuilding and Submarines Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Military Shipbuilding and Submarines Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Military Shipbuilding and Submarines Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Military Shipbuilding and Submarines Demand Share Forecast, 2019-2026
9. North America Military Shipbuilding and Submarines Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Military Shipbuilding and Submarines Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Military Shipbuilding and Submarines Market Size and Volume Forecast by Application
9.4.1. On Water
9.4.2. Under Water
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Military Shipbuilding and Submarines Market Size and Volume Forecast by Type
9.7.1. Ships
9.7.2. Submarines
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Military Shipbuilding and Submarines Demand Share Forecast, 2019-2026
10. Latin America Military Shipbuilding and Submarines Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Military Shipbuilding and Submarines Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Military Shipbuilding and Submarines Market Size and Volume Forecast by Application
10.4.1. On Water
10.4.2. Under Water
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Military Shipbuilding and Submarines Market Size and Volume Forecast by Type
10.7.1. Ships
10.7.2. Submarines
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Military Shipbuilding and Submarines Demand Share Forecast, 2019-2026
11. Europe Military Shipbuilding and Submarines Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Military Shipbuilding and Submarines Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Military Shipbuilding and Submarines Market Size and Volume Forecast by Application
11.4.1. On Water
11.4.2. Under Water
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Military Shipbuilding and Submarines Market Size and Volume Forecast by Type
11.7.1. Ships
11.7.2. Submarines
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o- Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Military Shipbuilding and Submarines Demand Share, 2019-2026
12. Asia Pacific Military Shipbuilding and Submarines Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Military Shipbuilding and Submarines Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Military Shipbuilding and Submarines Market Size and Volume Forecast by Application
12.4.1. On Water
12.4.2. Under Water
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Military Shipbuilding and Submarines Market Size and Volume Forecast by Type
12.7.1. Ships
12.7.2. Submarines
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Military Shipbuilding and Submarines Demand Share, 2019-2026
13. Middle East & Africa Military Shipbuilding and Submarines Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Military Shipbuilding and Submarines Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Military Shipbuilding and Submarines Market Size and Volume Forecast by Application
13.4.1. On Water
13.4.2. Under Water
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Military Shipbuilding and Submarines Market Size and Volume Forecast by Type
13.7.1. Ships
13.7.2. Submarines
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Military Shipbuilding and Submarines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Military Shipbuilding and Submarines Market: Market Share Analysis
14.2. Military Shipbuilding and Submarines Distributors and Customers
14.3. Military Shipbuilding and Submarines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Northrop Grumman Corp
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. General Dynamics Corp
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DCNS S.A
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BAE Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Singapore Technologies Engineering
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mitsubishi Heavy Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Daewoo Shipbuilding and Marine Engineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lockheed Martin
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Huntington Ingalls Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Finmeccanica
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Textron
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CSSC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
