Naval Vessels MRO Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

Published Aug 13, 2025

Length 174 Pages

SKU # EMAR20436144

Description

The global naval vessels MRO market is projected to grow in the forecast period of 2025-2034 at a CAGR of 6.90%.

The growing focus of countries on keeping their naval fleet combat-ready has increased the demand for naval vessels MRO services. Due to factors such as the increased spending on defence by developing countries, the Asia Pacific is projected to lead the naval vessels MRO market in the forecast period.

Market Segmentation

Naval vessels MRO sector covers overhauls, servicing, audits, regular inspections, repairs, and modifications performed on a vessel and its components to prolong the ship life. The industry can be broadly categorised based on vessel types and MRO types.

Market Breakup by Vessel Type

Submarines
Frigates
Corvettes
Aircraft Carrier
Destroyers

Market Breakup by MRO Type

Engine MRO
Dry Dock MRO
Component MRO
Modification

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Market Analysis

The increasing geopolitical tensions between countries are increasing the demand to upgrade navy fleets, which is aiding the growth of the naval vessels MRO market. The size of an aircraft carrier is larger than a destroyer or an assault ship, which requires considerable maintenance. This factor is increasing the need for MRO services in the aircraft carrier market segment. The rising MRO costs leading to the emergence of the Asia Pacific as a naval vessel maintenance hub is one of the primary trends in the naval vessels MRO industry.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global naval vessels MRO market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

General Dynamics Corporation
BAE Systems
Northrop Grumman Corporation
Huntington Ingalls Industries Inc.
Lockheed Martin Corporation
Elbit Systems
Raytheon Company
Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

1 Executive Summary: 1.1 Market Size 2024-2025; 1.2 Market Growth 2025(F)-2034(F); 1.3 Key Demand Drivers; 1.4 Key Players and Competitive Structure; 1.5 Industry Best Practices; 1.6 Recent Trends and Developments; 1.7 Industry Outlook
2 Market Overview and Stakeholder Insights: 2.1 Market Trends; 2.2 Key Verticals; 2.3 Key Regions; 2.4 Supplier Power; 2.5 Buyer Power; 2.6 Key Market Opportunities and Risks; 2.7 Key Initiatives by Stakeholders
3 Economic Summary: 3.1 GDP Outlook; 3.2 GDP Per Capita Growth; 3.3 Inflation Trends; 3.4 Democracy Index; 3.5 Gross Public Debt Ratios; 3.6 Balance of Payment (BoP) Position; 3.7 Population Outlook; 3.8 Urbanisation Trends
4 Country Risk Profiles: 4.1 Country Risk; 4.2 Business Climate
5 Global Naval Vessels MRO Market Analysis: 5.1 Key Industry Highlights; 5.2 Global Naval Vessels MRO Historical Market (2018-2024); 5.3 Global Naval Vessels MRO Market Forecast (2025-2034); 5.4 Global Naval Vessels MRO Market by Vessel Type; 5.4.1 Submarines; 5.4.1.1 Historical Trend (2018-2024); 5.4.1.2 Forecast Trend (2025-2034); 5.4.2 Frigates; 5.4.2.1 Historical Trend (2018-2024); 5.4.2.2 Forecast Trend (2025-2034); 5.4.3 Corvettes; 5.4.3.1 Historical Trend (2018-2024); 5.4.3.2 Forecast Trend (2025-2034); 5.4.4 Aircraft Carriers; 5.4.4.1 Historical Trend (2018-2024); 5.4.4.2 Forecast Trend (2025-2034); 5.4.5 Destroyers; 5.4.5.1 Historical Trend (2018-2024); 5.4.5.2 Forecast Trend (2025-2034); 5.5 Global Naval Vessels MRO Market by MRO Type; 5.5.1 Engine MRO; 5.5.1.1 Historical Trend (2018-2024); 5.5.1.2 Forecast Trend (2025-2034); 5.5.2 Dry Dock MRO; 5.5.2.1 Historical Trend (2018-2024); 5.5.2.2 Forecast Trend (2025-2034); 5.5.3 Component MRO; 5.5.3.1 Historical Trend (2018-2024); 5.5.3.2 Forecast Trend (2025-2034); 5.5.4 Modification; 5.5.4.1 Historical Trend (2018-2024); 5.5.4.2 Forecast Trend (2025-2034); 5.6 Global Naval Vessels MRO Market by Region; 5.6.1 North America; 5.6.1.1 Historical Trend (2018-2024); 5.6.1.2 Forecast Trend (2025-2034); 5.6.2 Europe; 5.6.2.1 Historical Trend (2018-2024); 5.6.2.2 Forecast Trend (2025-2034); 5.6.3 Asia Pacific; 5.6.3.1 Historical Trend (2018-2024); 5.6.3.2 Forecast Trend (2025-2034); 5.6.4 Latin America; 5.6.4.1 Historical Trend (2018-2024); 5.6.4.2 Forecast Trend (2025-2034); 5.6.5 Middle East and Africa; 5.6.5.1 Historical Trend (2018-2024); 5.6.5.2 Forecast Trend (2025-2034)
6 North America Naval Vessels MRO Market Analysis: 6.1 United States of America; 6.1.1 Historical Trend (2018-2024); 6.1.2 Forecast Trend (2025-2034); 6.2 Canada; 6.2.1 Historical Trend (2018-2024); 6.2.2 Forecast Trend (2025-2034)
7 Europe Naval Vessels MRO Market Analysis: 7.1 United Kingdom; 7.1.1 Historical Trend (2018-2024); 7.1.2 Forecast Trend (2025-2034); 7.2 Germany; 7.2.1 Historical Trend (2018-2024); 7.2.2 Forecast Trend (2025-2034); 7.3 France; 7.3.1 Historical Trend (2018-2024); 7.3.2 Forecast Trend (2025-2034); 7.4 Italy; 7.4.1 Historical Trend (2018-2024); 7.4.2 Forecast Trend (2025-2034); 7.5 Others
8 Asia Pacific Naval Vessels MRO Market Analysis: 8.1 China; 8.1.1 Historical Trend (2018-2024); 8.1.2 Forecast Trend (2025-2034); 8.2 Japan; 8.2.1 Historical Trend (2018-2024); 8.2.2 Forecast Trend (2025-2034); 8.3 India; 8.3.1 Historical Trend (2018-2024); 8.3.2 Forecast Trend (2025-2034); 8.4 ASEAN; 8.4.1 Historical Trend (2018-2024); 8.4.2 Forecast Trend (2025-2034); 8.5 Australia; 8.5.1 Historical Trend (2018-2024); 8.5.2 Forecast Trend (2025-2034); 8.6 Others
9 Latin America Naval Vessels MRO Market Analysis: 9.1 Brazil; 9.1.1 Historical Trend (2018-2024); 9.1.2 Forecast Trend (2025-2034); 9.2 Argentina; 9.2.1 Historical Trend (2018-2024); 9.2.2 Forecast Trend (2025-2034); 9.3 Mexico; 9.3.1 Historical Trend (2018-2024); 9.3.2 Forecast Trend (2025-2034); 9.4 Others
10 Middle East and Africa Naval Vessels MRO Market Analysis: 10.1 Saudi Arabia; 10.1.1 Historical Trend (2018-2024); 10.1.2 Forecast Trend (2025-2034); 10.2 United Arab Emirates; 10.2.1 Historical Trend (2018-2024); 10.2.2 Forecast Trend (2025-2034); 10.3 Nigeria; 10.3.1 Historical Trend (2018-2024); 10.3.2 Forecast Trend (2025-2034); 10.4 South Africa; 10.4.1 Historical Trend (2018-2024); 10.4.2 Forecast Trend (2025-2034); 10.5 Others
11 Market Dynamics: 11.1 SWOT Analysis; 11.1.1 Strengths; 11.1.2 Weaknesses; 11.1.3 Opportunities; 11.1.4 Threats; 11.2 Porter’s Five Forces Analysis; 11.2.1 Supplier’s Power; 11.2.2 Buyer’s Power; 11.2.3 Threat of New Entrants; 11.2.4 Degree of Rivalry; 11.2.5 Threat of Substitutes; 11.3 Key Indicators for Demand; 11.4 Key Indicators for Price
12 Value Chain Analysis
13 Competitive Landscape: 13.1 Supplier Selection; 13.2 Key Global Players; 13.3 Key Regional Players; 13.4 Key Player Strategies; 13.5 Company Profiles; 13.5.1 General Dynamics Corporation; 13.5.1.1 Company Overview; 13.5.1.2 Product Portfolio; 13.5.1.3 Demographic Reach and Achievements; 13.5.1.4 Certifications; 13.5.2 BAE Systems; 13.5.2.1 Company Overview; 13.5.2.2 Product Portfolio; 13.5.2.3 Demographic Reach and Achievements; 13.5.2.4 Certifications; 13.5.3 Northrop Grumman Corporation; 13.5.3.1 Company Overview; 13.5.3.2 Product Portfolio; 13.5.3.3 Demographic Reach and Achievements; 13.5.3.4 Certifications; 13.5.4 Huntington Ingalls Industries Inc.; 13.5.4.1 Company Overview; 13.5.4.2 Product Portfolio; 13.5.4.3 Demographic Reach and Achievements; 13.5.4.4 Certifications; 13.5.5 Lockheed Martin Corporation; 13.5.5.1 Company Overview; 13.5.5.2 Product Portfolio; 13.5.5.3 Demographic Reach and Achievements; 13.5.5.4 Certifications; 13.5.6 Elbit Systems; 13.5.6.1 Company Overview; 13.5.6.2 Product Portfolio; 13.5.6.3 Demographic Reach and Achievements; 13.5.6.4 Certifications; 13.5.7 Raytheon Company; 13.5.7.1 Company Overview; 13.5.7.2 Product Portfolio; 13.5.7.3 Demographic Reach and Achievements; 13.5.7.4 Certifications; 13.5.8 Others

Pricing

Currency Rates

Single User Email from Publisher $3,599
Global Site License Email from Publisher $5,099

How Do Licenses Work?

Request A Sample

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.

Chat Now