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Global naval warfare has witnessed a paradigm shift, and there is an increasing trend towards the decentralization of naval attacks, whereby capabilities are distributed around smaller vessels in addition to larger platforms such as aircraft carriers and destroyers so as to make them more secure against an enemy attack. This has motivated governments around the world to spend on smaller surface combatants capable of operating in littoral waters, and advanced weapons and communication systems to enable these ships to perform multiple missions. The demand for naval vessels and surface combatants is anticipated to be driven by high levels of expenditure by emerging economies in the Asia Pacific region, such as India and China. The North American region is expected to maintain its leading position, exhibiting a steady pace of growth over the forecast period.
Global Naval Vessels and Surface Combatants Market is projected to register a CAGR of 2.97% over 2017-2027. In terms of categories, the Corvettes segment is anticipated to account for the largest share of expenditure globally, with a market share of 25.7% followed by the Destroyers segment with a share of 23.6%. Frigates and Aircraft Carriers are anticipated to account for the third and fourth largest segments of expenditure with a share of 23.5% and 14.2% respectively over the forecast period. The remaining market share of 13% is expected to be constituted by the Amphibious Ships segment. Sample companies are Daewoo Shipbuilding & Marine Engineering Huntington Ingalls Industries Fincantieri BAE Systems Hyundai Heavy Industries PO Sevmash ThyssenKrupp Marine Systems AG Thales Lockheed Martin Corporation ASC Pty Ltd. Damen Schelde Naval Shipbuilding (DSNS) Abu Dhabi Shipbuilding DCNS Navantia General Dynamics Austal Mazagon Docks Limited.
Table of Contents Executive Summary Global Naval Vessels and Surface Combatants Market - Overview Market Dynamics Demand Drivers: Analysis of factors that trigger spending within the sector Trends: Prevalent practices, industry consolidation and procurement patterns within the market Technological Developments : New products, processes and innovations recently inducted within the sector Key Challenges: Obstacles affecting sector growth Naval Vessels and Surface Combatants Market - Segment Analysis Segment Analysis: Corvettes Market size and CAGR growth analysis, 2017-2027 Change in market share, 2017-2027 Segment Analysis: Destroyers Market size and CAGR growth analysis, 2017-2027 Change in market share, 2017-2027 Segment Analysis: Frigates Market size and CAGR growth analysis, 2017-2027 Change in market share, 2017-2027 Segment Analysis: Amphibious Ships Market size and CAGR growth analysis, 2017-2027 Change in market share, 2017-2027 Segment Analysis: Aircraft Carriers Market size and CAGR growth analysis, 2017-2027 Change in market share, 2017-2027 Regional Review Defense capital expenditure Capex forecast, 2016- 2026 Factors influencing military modernization programs Naval Vessels andSurface Combatants Market - Regional Analysis Regional overview Factors driving spending within the region Regional expenditure on each sub-segment , 2017-2027 Market Size and CAGR growth analysis, 2017-2027 Change in market share, 2017-2027 Trend Analysis - Key Defense Markets Country -wise breakdown of expenditure for each region Sub-segment wise analysis for each country Major Programs for each country Market Size and CAGR growth analysis, 2017-2027 Change in market share, 2017-2027 Key Programs Analysis Description of key programs Delivery period, units and total expenditure Competitive Landscape Analysis Competitive analysis - 17 leading companies Major Products and Services Major Alliances and Recent Contracts Financial Analysis covering Revenue, Operating Profit and Net ProfitList of Tables Naval Vessels and Surface Combatants Market Size by Segment 37 Naval Vessels and Surface Combatants Market Size by Region 51
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