Global Naval Vessels and Surface Combatants and Related MRO Market: 69.9billion USD by 2028 is Anticipated with CAGR of 3.29% (2018-28)

The Global Naval Vessels and Surface Combatants and related MRO Market 2018-2028 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years.

Pune, India – July 5, 2018 /MarketersMedia/ —

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.

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Scope:
• The global naval vessels and surface combatants and related MRO market, valued at US$50.6 billion in 2018, is expected to grow at a CAGR of 3.29% to value US$69.9 billion by 2028.
• The market consists of five categories: Corvette, Frigate, Amphibious Ship, Destroyer and Aircraft carrier. The market is expected to be dominated by the Corvette followed by Frigate and Destroyers.
• The North America region is forecasted to dominate the sector with a share of 40.4%, followed by the Asia Pacific and Europe. Russia, UK and France to account for major market share in the European region

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Reason to Buy:
• Determine prospective investment areas based on a detailed trend analysis of the global naval vessels and surface combatants and related MRO market over the next ten years.
• Gain in-depth understanding about the underlying factors driving demand for different naval vessels and surface combatant’s segments in the top spending countries across the world and identify the opportunities offered by each of them.
• Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
• Identify the major channels that are driving the global naval vessels and surface combatants and related MRO market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion.
• Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global naval vessels and surface combatants and related MRO market.
• Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top naval vessels MRO providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.

Companies Mentioned
• General Dynamics
• Huntington Ingalls Industries
• Austal
• Damen Shipyard Group
• Naval Group
• Lockheed Martin
• Fincantieri SpA
• BAE Systems
• Hyundai Heavy Industries
• Daewoo Shipbuilding & Marine Engineering Co., Ltd
• Abu Dhabi Shipbuilding

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Source: MarketersMedia

Release ID: 372729