The global naval vessels and surface combatants market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth of this market is driven by the increasing demand for military and defence applications in various regions across the globe, such as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. The military application segment accounted for over 50% of the total revenue share in 2017.
The aircraft carrier segment accounted for over 30% of the total revenue share in 2017 owing to its high demand from countries such as China and India due to their growing naval fleets. The battleship segment is expected to grow at a CAGR of 3% during the forecast period owing to its high demand from countries such as China due to their growing naval fleets.
Some Of The Growth Factors Of This Market:
- The global Naval Vessels and Surface Combatants market is driven by the increasing demand for naval vessels from countries such as China, India, Japan, South Korea and Taiwan due to their growing economies and military expenditure in recent years.
- The global Naval Vessels and Surface Combatants market is also driven by the need for modernization of naval vessels in order to meet new threats such as terrorism, piracy or natural disasters which are becoming more frequent in recent years.
- In addition, the increasing demand for surface combatants from countries such as China, India, Japan and South Korea has led to an increase in demand for naval vessels.
- Furthermore, technological advancements have led to an increase in efficiency of naval vessels which has increased their popularity among navies.
Industry Growth Insights published a new data on “Naval Vessels and Surface Combatants Market”. The research report is titled “Naval Vessels and Surface Combatants Market research by Types (Aircraft Carrier, Battleship, Cruiser, Destroyer, Frigate, Destroyer Escort, Other), By Applications (Military, Defence, Other), By Players/Companies General Dynamics, Huntington Ingalls Industries, Austal, Naval Group, Larsen & Toubro (L&T), Lockheed Martin, Fincantieri, BAE Systems, Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering, Abu Dhabi Ship Building, PO Sevmash, ThyssenKrupp, CSSC, Mazagon Docks, MDL, DSME, CSIC, Thales, HHI, ASC, Damen Schelde Naval Shipbuilding (DSNS), Navantia”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Naval Vessels and Surface Combatants Market Research Report
By Type
Aircraft Carrier, Battleship, Cruiser, Destroyer, Frigate, Destroyer Escort, Other
By Application
Military, Defence, Other
By Companies
General Dynamics, Huntington Ingalls Industries, Austal, Naval Group, Larsen & Toubro (L&T), Lockheed Martin, Fincantieri, BAE Systems, Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering, Abu Dhabi Ship Building, PO Sevmash, ThyssenKrupp, CSSC, Mazagon Docks, MDL, DSME, CSIC, Thales, HHI, ASC, Damen Schelde Naval Shipbuilding (DSNS), Navantia
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Naval Vessels and Surface Combatants Market Report Segments:
The global Naval Vessels and Surface Combatants market is segmented on the basis of:
Types
Aircraft Carrier, Battleship, Cruiser, Destroyer, Frigate, Destroyer Escort, Other
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
Military, Defence, Other
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:
- General Dynamics
- Huntington Ingalls Industries
- Austal
- Naval Group
- Larsen & Toubro (L&T)
- Lockheed Martin
- Fincantieri
- BAE Systems
- Hyundai Heavy Industries
- Daewoo Shipbuilding & Marine Engineering
- Abu Dhabi Ship Building
- PO Sevmash
- ThyssenKrupp
- CSSC
- Mazagon Docks
- MDL
- DSME
- CSIC
- Thales
- HHI
- ASC
- Damen Schelde Naval Shipbuilding (DSNS)
- Navantia
Highlights of The Naval Vessels and Surface Combatants 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:
- Aircraft Carrier
- Battleship
- Cruiser
- Destroyer
- Frigate
- Destroyer Escort
- Other
- By Application:
- Military
- Defence
- Other
- 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 Vessels and Surface Combatants 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.
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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 Vessels are ships that are used by the United States Navy. Surface Combatants are military vessels that have a hull designed for combat, including weapons and armor.
Some of the key players operating in the naval vessels and surface combatants market are General Dynamics, Huntington Ingalls Industries, Austal, Naval Group, Larsen & Toubro (L&T), Lockheed Martin, Fincantieri, BAE Systems, Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering, Abu Dhabi Ship Building, PO Sevmash, ThyssenKrupp, CSSC, Mazagon Docks, MDL, DSME, CSIC, Thales, HHI, ASC, Damen Schelde Naval Shipbuilding (DSNS), Navantia.
The naval vessels and surface combatants market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Naval Vessels and Surface Combatants 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. Naval Vessels and Surface Combatants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Naval Vessels and Surface Combatants Market - Supply Chain
4.5. Global Naval Vessels and Surface Combatants Market Forecast
4.5.1. Naval Vessels and Surface Combatants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Naval Vessels and Surface Combatants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Naval Vessels and Surface Combatants Market Absolute $ Opportunity
5. Global Naval Vessels and Surface Combatants 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. Naval Vessels and Surface Combatants Market Size and Volume Forecast by Type
5.3.1. Aircraft Carrier
5.3.2. Battleship
5.3.3. Cruiser
5.3.4. Destroyer
5.3.5. Frigate
5.3.6. Destroyer Escort
5.3.7. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Naval Vessels and Surface Combatants 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. Naval Vessels and Surface Combatants Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Defence
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Naval Vessels and Surface Combatants 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. Naval Vessels and Surface Combatants 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 Naval Vessels and Surface Combatants 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. Naval Vessels and Surface Combatants 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 Naval Vessels and Surface Combatants Demand Share Forecast, 2019-2026
9. North America Naval Vessels and Surface Combatants 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 Naval Vessels and Surface Combatants 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 Naval Vessels and Surface Combatants Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Defence
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Naval Vessels and Surface Combatants Market Size and Volume Forecast by Type
9.7.1. Aircraft Carrier
9.7.2. Battleship
9.7.3. Cruiser
9.7.4. Destroyer
9.7.5. Frigate
9.7.6. Destroyer Escort
9.7.7. Other
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 Naval Vessels and Surface Combatants Demand Share Forecast, 2019-2026
10. Latin America Naval Vessels and Surface Combatants 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 Naval Vessels and Surface Combatants 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 Naval Vessels and Surface Combatants Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Defence
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Naval Vessels and Surface Combatants Market Size and Volume Forecast by Type
10.7.1. Aircraft Carrier
10.7.2. Battleship
10.7.3. Cruiser
10.7.4. Destroyer
10.7.5. Frigate
10.7.6. Destroyer Escort
10.7.7. Other
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 Naval Vessels and Surface Combatants Demand Share Forecast, 2019-2026
11. Europe Naval Vessels and Surface Combatants 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 Naval Vessels and Surface Combatants 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 Naval Vessels and Surface Combatants Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Defence
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Naval Vessels and Surface Combatants Market Size and Volume Forecast by Type
11.7.1. Aircraft Carrier
11.7.2. Battleship
11.7.3. Cruiser
11.7.4. Destroyer
11.7.5. Frigate
11.7.6. Destroyer Escort
11.7.7. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y 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 Naval Vessels and Surface Combatants Demand Share, 2019-2026
12. Asia Pacific Naval Vessels and Surface Combatants 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 Naval Vessels and Surface Combatants 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 Naval Vessels and Surface Combatants Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Defence
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Naval Vessels and Surface Combatants Market Size and Volume Forecast by Type
12.7.1. Aircraft Carrier
12.7.2. Battleship
12.7.3. Cruiser
12.7.4. Destroyer
12.7.5. Frigate
12.7.6. Destroyer Escort
12.7.7. Other
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 Naval Vessels and Surface Combatants Demand Share, 2019-2026
13. Middle East & Africa Naval Vessels and Surface Combatants 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 Naval Vessels and Surface Combatants 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 Naval Vessels and Surface Combatants Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Defence
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Naval Vessels and Surface Combatants Market Size and Volume Forecast by Type
13.7.1. Aircraft Carrier
13.7.2. Battleship
13.7.3. Cruiser
13.7.4. Destroyer
13.7.5. Frigate
13.7.6. Destroyer Escort
13.7.7. Other
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 Naval Vessels and Surface Combatants Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Naval Vessels and Surface Combatants Market: Market Share Analysis
14.2. Naval Vessels and Surface Combatants Distributors and Customers
14.3. Naval Vessels and Surface Combatants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. General Dynamics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Huntington Ingalls Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Austal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Naval Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Larsen & Toubro (L&T)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lockheed Martin
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fincantieri
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BAE Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hyundai Heavy 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. Daewoo Shipbuilding & Marine Engineering
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Abu Dhabi Ship Building
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PO Sevmash
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ThyssenKrupp
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. CSSC
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Mazagon Docks
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. MDL
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. DSME
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. CSIC
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Thales
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. HHI
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
