Naval Combat Vessels Market Research Report – Forecast to 2027

Naval Combat Vessels Market Research Report Information by Vessel Type (Submarine, Frigates, Corvettes, Destroyers and Others), Mode of Propulsion (Nuclear-Powered and Conventional Powered), and Region – Forecast till 2027

ID: MRFR/A&D/4684-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


Combat vessels are an important part of warfare ships that are built for battle on the water surface and are designed for applications such as war fight with submarines or aircraft and can execute other missions related to counter-narcotics operations and maritime interdiction operations (MIO). The rise in next-generation naval systems, such as Unmanned Underwater Vehicles (UUVs), would improve the accuracy of naval vessels on the battlefield. Significant investments have been made on the development of naval combat vessels systems, which would lead to rapid growth of the market during the forecast period.


Moreover, unmanned underwater vehicles are considered to be the next-generation naval combat systems to be deployed by the defense authorities, globally. These UUVs are used as force multipliers and C4ISR systems for target recognition and damage assessment, and in electronic warfare. For instance, Lockheed Martin signed a contract with the U.S. Navy to design the largest unmanned underwater drone, the Orca. In addition, they offer services related to Light Amplification by Stimulated Emission of Radiation (LASER) and Global Positioning Systems (GPS), that will help in Intelligence, Surveillance, and Reconnaissance (ISR) missions. Defense sectors are procuring UUVs to minimise  naval troop casualties and capital expenditure. They are also used to replace obsolete manned underwater vehicles and submarines.


The increased need for modernization of naval combat systems will offer new growth opportunities to the market players. The factors responsible for the growth of the global naval combat vessels market are the rapid investments in submarines and increasing number of the unmanned underwater vehicle. Several contracts have been signed to bolster the growth of the market. In 2015, Israel Military Industries signed a contract with Germany for 4 TKMS MEKO Patrol Vessels. In 2018, BAE Systems signed a contract with the U.S. Navy to modernize and upgrade the guided-missile destroyer USS Howard and USS Oscar Austin.


The global naval combat vessels market has been segmented by vessel type, mode of propulsion, and region. Among vessel type, corvettes are the most widely used and have the largest market share due to increase in deliveries of corvettes. For instance, the Saab AB signed a contract with Swedish Defense Material Administration for the modification and upgrading of the Swedish Marine’s Gavle-class corvettes. On the basis of mode of propulsion, the nuclear-powered market segment is estimated to witness the largest demand during the forecast period,  owing to the need of the flexible power output and space constraints.


Global Naval Combat Vessels Market, By Segmentation


 Naval Combat Vessels Market


On the basis of region, the market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. The North American region is expected to dominate the market in the coming years, due to the increasing incorporation of advanced combat systems into naval vessels. The Asia Pacific region follows the North America region in the global naval combat vessels market, and is estimated to trail North America during the forecast period, as well, due to the growing need for warfare ships and frigates, especially in China and Japan. For instance, Lockheed Martin signed a contract with the U.S Naval Sea Systems on development and integration of the Aegis Baseline 9 systems for Japan Maritime Self Defense Force destroyers. The global naval combat vessels market is estimated to witness a CAGR of 4%, from 2018 to 2023.


Key Players


The key players in global naval combat vessels market are Israel Military Industries (Israel), BAE Systems (U.K), Lockheed Martin Corporation (U.S.), Raytheon (U.S.), General Dynamics Corporation (U.S.), SaaB AB (Sweden), Huntington Ingalls Industries, Inc. (U.S.), Mitsubishi Heavy Industries, Ltd. (Japan), Kawasaki Shipbuilding Corporation (Japan), and Kockums AB (Sweden).


The report for Global Naval Combat Vessels Market of Market Research Future comprises extensive primary research, along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders; it helps the reader gain a deeper insight into the market and industry performance. The report gives a clear picture of current market scenario, including historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also contains a broad study of the different market segments and regions.



TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1 PORTER’S FIVE FORCES ANALYSIS

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

5 GLOBAL NAVAL COMBAT VESSELS MARKET, BY VESSEL TYPE

5.1 INTRODUCTION

5.2 SUBMARINE

5.2.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

5.3 FRIGATES

5.3.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

5.4 CORVETTES

5.4.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

5.5 DESTROYERS

5.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

5.6 OTHERS

5.6.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.6.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

6 GLOBAL NAVAL COMBAT VESSELS MARKET, BY MODE OF PROPULSION

6.1 INTRODUCTION

6.2 NUCLEAR POWERED

6.2.1 MARKET ESTIMATES & FORECAST, 2020-2027

6.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

6.3 CONVENTIONAL POWERED

6.3.1 MARKET ESTIMATES & FORECAST, 2020-2027

6.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

8 GLOBAL NAVAL COMBAT VESSELS MARKET, BY REGION

8.1 INTRODUCTION

8.2 NORTH AMERICA

8.2.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.2.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.2.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.2.5 U.S.

8.2.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.2.5.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.2.5.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.2.6 CANADA

8.2.6.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.2.6.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.2.6.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.3 EUROPE

8.3.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.3.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.3.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.3.7 U.K

8.3.7.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.3.7.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.3.7.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.3.8 GERMANY

8.3.8.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.3.8.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.3.8.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.3.8 FRANCE

8.3.8.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.3.8.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.3.8.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.3.8 RUSSIA

8.3.8.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.3.8.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.3.8.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.3.11 REST OF EUROPE

8.3.11.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.3.11.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.3.11.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.4 ASIA PACIFIC

8.4.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.4.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.4.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.4.5 CHINA

8.4.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.4.5.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.4.5.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.4.6 JAPAN

8.4.6.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.4.6.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.4.6.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.4.7 INDIA

8.4.7.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.4.7.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.4.7.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.4.8 REST OF ASIA PACIFIC

8.4.8.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.4.8.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.4.8.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.5 MIDDLE EAST AND AFRICA

8.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.5.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.5.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

8.6 LATIN AMERICA

8.6.1 MARKET ESTIMATES & FORECAST, 2020-2027

8.6.2 MARKET ESTIMATES & FORECAST BY VESSEL TYPE, 2020-2027

8.6.3 MARKET ESTIMATES & FORECAST BY MODE OF PROPULSION, 2020-2027

10 COMPETITIVE LANDSCAPE

11 COMPANY PROFILE

11.1 ISRAEL MILITARY INDUSTRIES

11.1.1 COMPANY OVERVIEW

11.1.2 PRODUCTS/SERVICES OFFERING

11.1.3 FINANCIAL OVERVIEW

11.1.4 KEY DEVELOPMENTS

11.1.5 STRATEGY

11.1.6 SWOT ANALYSIS

11.2 BAE SYSTEMS

11.2.1 COMPANY OVERVIEW

11.2.2 PRODUCTS/SERVICES OFFERING

11.2.3 FINANCIAL OVERVIEW

11.2.4 KEY DEVELOPMENTS

11.2.5 STRATEGY

11.2.6 SWOT ANALYSIS

11.3 LOCKHEED MARTIN CORPORATION

11.3.1 COMPANY OVERVIEW

11.3.2 PRODUCTS/SERVICES OFFERING

11.3.3 FINANCIAL OVERVIEW

11.3.4 KEY DEVELOPMENTS

11.3.5 STRATEGY

11.3.6 SWOT ANALYSIS

11.4 RAYTHEON

11.4.1 COMPANY OVERVIEW

11.4.2 PRODUCTS/SERVICES OFFERING

11.4.3 FINANCIAL OVERVIEW

11.4.4 KEY DEVELOPMENTS

11.4.5 STRATEGY

11.4.6 SWOT ANALYSIS

11.6 GENERAL DYNAMICS CORPORATION

11.6.1 COMPANY OVERVIEW

11.6.2 PRODUCTS/SERVICES OFFERING

11.6.3 FINANCIAL OVERVIEW

11.6.4 KEY DEVELOPMENTS

11.6.5 STRATEGY

11.6.6 SWOT ANALYSIS

11.6 SAAB AB

11.6.1 COMPANY OVERVIEW

11.6.2 PRODUCTS/SERVICES OFFERING

11.6.3 FINANCIAL OVERVIEW

11.6.4 KEY DEVELOPMENTS

11.6.5 STRATEGY

11.6.6 SWOT ANALYSIS

11.7 HUNTINGTON INGALLS INDUSTRIES, INC.

11.7.1 COMPANY OVERVIEW

11.7.2 PRODUCTS/SERVICES OFFERING

11.7.3 FINANCIAL OVERVIEW

11.7.4 KEY DEVELOPMENTS

11.7.5 STRATEGY

11.7.6 SWOT ANALYSIS

11.8 MITSUBISHI HEAVY INDUSTRIES, LTD.

11.8.1 COMPANY OVERVIEW

11.8.2 PRODUCTS/SERVICES OFFERING

11.8.3 FINANCIAL OVERVIEW

11.8.4 KEY DEVELOPMENTS

11.8.5 STRATEGY

11.8.6 SWOT ANALYSIS

11.9 KAWASAKI SHIPBUILDING CORPORATION

11.9.1 COMPANY OVERVIEW

11.9.2 PRODUCTS/SERVICES OFFERING

11.9.3 FINANCIAL OVERVIEW

11.9.4 KEY DEVELOPMENTS

11.9.5 STRATEGY

11.9.6 SWOT ANALYSIS

11.10 KOCKUMS AB

11.10.1 COMPANY OVERVIEW

11.10.2 PRODUCTS/SERVICES OFFERING

11.10.3 FINANCIAL OVERVIEW

11.10.4 KEY DEVELOPMENTS

11.10.5 STRATEGY

11.10.6 SWOT ANALYSIS


LIST OF TABLES

TABLE 1 GLOBAL NAVAL COMBAT VESSELS MARKET: BY REGION, 2020-2027

TABLE 2 NORTH AMERICA NAVAL COMBAT VESSELS MARKET: BY COUNTRY, 2020-2027

TABLE 3 EUROPE NAVAL COMBAT VESSELS MARKET: BY COUNTRY, 2020-2027

TABLE 4 ASIA PACIFIC NAVAL COMBAT VESSELS MARKET: BY COUNTRY, 2020-2027

TABLE 5 MIDDLE EAST & AFRICA NAVAL COMBAT VESSELS MARKET: BY COUNTRY, 2020-2027

TABLE 6 LATIN AMERICA NAVAL COMBAT VESSELS MARKET: BY COUNTRY, 2020-2027

TABLE 7 GLOBAL NAVAL COMBAT VESSELS MARKET, BY VESSEL TYPE, BY REGIONS, 2020-2027

TABLE 8 NORTH AMERICA NAVAL COMBAT VESSELS MARKET, BY VESSEL TYPE, BY COUNTRY, 2020-2027

TABLE 9 EUROPE NAVAL COMBAT VESSELS MARKET, BY VESSEL TYPE, BY COUNTRY, 2020-2027

TABLE 10 ASIA PACIFIC NAVAL COMBAT VESSELS MARKET BY VESSEL TYPE, BY COUNTRY, 2020-2027

TABLE 11 MIDDLE EAST & AFRICA NAVAL COMBAT VESSELS MARKET BY VESSEL TYPE, BY COUNTRY, 2020-2027

TABLE 12 LATIN AMERICA NAVAL COMBAT VESSELS MARKET BY VESSEL TYPE, BY COUNTRY, 2020-2027

TABLE 13 GLOBAL SMALL SATELLITE BY MODE OF PROPULSION: BY REGIONS, 2020-2027

TABLE 14 NORTH AMERICA NAVAL COMBAT VESSELS MARKET BY MODE OF PROPULSION: BY COUNTRY, 2020-2027

TABLE 15 EUROPE NAVAL COMBAT VESSELS MARKET BY MODE OF PROPULSION: BY COUNTRY, 2020-2027

TABLE 16 ASIA PACIFIC NAVAL COMBAT VESSELS MARKET BY MODE OF PROPULSION: BY COUNTRY, 2020-2027

TABLE 17 MIDDLE EAST & AFRICA NAVAL COMBAT VESSELS MARKET BY MODE OF PROPULSION: BY COUNTRY, 2020-2027

TABLE 18 LATIN AMERICA NAVAL COMBAT VESSELS MARKET BY MODE OF PROPULSION: BY COUNTRY, 2020-2027

TABLE 19 GLOBAL SMALL SATELLITE BY END USER MARKET: BY REGIONS, 2020-2027

TABLE 20 GLOBAL NAVAL COMBAT VESSELS MARKET: BY REGION, 2020-2027

TABLE 21 GLOBAL NAVAL COMBAT VESSELS MARKET: BY VESSEL TYPE, 2020-2027

TABLE 22 GLOBAL NAVAL COMBAT VESSELS MARKET: BY MODE OF PROPULSION, 2020-2027

TABLE 23 GLOBAL NAVAL COMBAT VESSELS MARKET: BY END USER, 2020-2027

TABLE 24 GLOBAL NAVAL COMBAT VESSELS MARKET: BY PLATFORM, 2020-2027

TABLE 25 NORTH AMERICA: NAVAL COMBAT VESSELS MARKET, BY COUNTRY

TABLE 26 NORTH AMERICA: NAVAL COMBAT VESSELS MARKET, BY VESSEL TYPE

TABLE 27 NORTH AMERICA: NAVAL COMBAT VESSELS MARKET, BY MODE OF PROPULSION

TABLE 30 EUROPE: NAVAL COMBAT VESSELS MARKET, BY COUNTRY

TABLE 31 EUROPE: NAVAL COMBAT VESSELS MARKET, BY VESSEL TYPE

TABLE 32 EUROPE: NAVAL COMBAT VESSELS MARKET, BY MODE OF PROPULSION

TABLE 33 ASIA PACIFIC: NAVAL COMBAT VESSELS MARKET, BY COUNTRY

TABLE 34 ASIA PACIFIC: NAVAL COMBAT VESSELS MARKET, BY VESSEL TYPE

TABLE 35 ASIA PACIFIC: NAVAL COMBAT VESSELS MARKET, BY MODE OF PROPULSION

TABLE 36 MIDDLE EAST & AFRICA: NAVAL COMBAT VESSELS MARKET, BY REGION

TABLE 37 MIDDLE EAST & AFRICA: NAVAL COMBAT VESSELS MARKET, BY VESSEL TYPE

TABLE 38 MIDDLE EAST & AFRICA: NAVAL COMBAT VESSELS MARKET, BY MODE OF PROPULSION

TABLE 39 LATIN AMERICA: NAVAL COMBAT VESSELS MARKET, BY REGION

TABLE 40 LATIN AMERICA: NAVAL COMBAT VESSELS MARKET, BY VESSEL TYPE

TABLE 41 LATIN AMERICA: NAVAL COMBAT VESSELS MARKET, BY MODE OF PROPULSION


LIST OF FIGURES

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL NAVAL COMBAT VESSELS MARKET SHARE, BY VESSEL TYPE, 2020 (%)

FIGURE 9 GLOBAL NAVAL COMBAT VESSELS MARKET, BY VESSEL TYPE, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL NAVAL COMBAT VESSELS MARKET SHARE, BY MODE OF PROPULSION, 2020 (%)

FIGURE 11 GLOBAL NAVAL COMBAT VESSELS MARKET, BY MODE OF PROPULSION, 2020-2027 (USD MILLION)

FIGURE 13 GLOBAL NAVAL COMBAT VESSELS MARKET SHARE, BY PLATFORM, 2020 (%)

FIGURE 14 GLOBAL NAVAL COMBAT VESSELS MARKET, BY PLATFORM, 2020-2027 (USD MILLION)

FIGURE 15 GLOBAL NAVAL COMBAT VESSELS MARKET SHARE (%), BY REGION, 2020

FIGURE 16 GLOBAL NAVAL COMBAT VESSELS MARKET, BY REGION, 2020-2027 (USD MILLION)

FIGURE 17 NORTH AMERICA NAVAL COMBAT VESSELS MARKET SHARE (%), 2020

FIGURE 18 NORTH AMERICA NAVAL COMBAT VESSELS MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 19 EUROPE NAVAL COMBAT VESSELS MARKET SHARE (%), 2020

FIGURE 20 EUROPE NAVAL COMBAT VESSELS MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 21 ASIA PACIFIC NAVAL COMBAT VESSELS MARKET SHARE (%), 2020

FIGURE 22 ASIA PACIFIC NAVAL COMBAT VESSELS MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 23 MIDDLE EAST & AFRICA NAVAL COMBAT VESSELS MARKET SHARE (%), 2020

FIGURE 24 MIDDLE EAST & AFRICA NAVAL COMBAT VESSELS MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 25 LATIN AMERICA NAVAL COMBAT VESSELS MARKET SHARE (%), 2020

FIGURE 26 LATIN AMERICA NAVAL COMBAT VESSELS MARKET BY COUNTRY, 2020-2027 (USD MILLION)