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Global Naval Vessel MRO Market 2016-2020

Global Naval Vessel MRO Market 2016-2020

About Naval Vessels MRO

Naval vessels are differentiated from civilian ships by their design and purpose. Such ships are damage resilient and armed. Naval vessels MRO is crucial for sustaining and extending the life of a vessel. It comprises maintenance, overhauls, routine checks, inspections, repairs, and modifications carried out on a vessel and their components. MRO services assure the safety and airworthiness of naval vessels.

Technavio’s analysts forecast the global naval vessels MRO market to grow at a CAGR of 8.92% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global naval vessels MRO market for 2016-2020. It offers a comprehensive overview of the market, market shares, market segmentation by application, and growth prospects by region (Americas, APAC, and EMEA).

Technavio's report, Global Naval Vessels MRO Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • BAE Systems
  • General Dynamics
  • Lockheed Martin
  • Huntington Ingalls Industries
  • Northrop Grumman
Other prominent vendors
  • Raytheon
  • Rockwell Collins
  • Saab
  • URS Corporation
  • Elbit Systems
Market driver
  • Demand for naval MRO outsourcing
  • For a full, detailed list, view our report
Market challenge
  • Defense budget cuts
  • For a full, detailed list, view our report
Market trend
  • 3D printing
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Naval Vessels MRO Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Naval Vessels MRO Market: BAE Systems, General Dynamics, Lockheed Martin, Huntington Ingalls Industries and Northrop Grumman

Other Prominent Vendors in the market are: Raytheon, Rockwell Collins, Saab, URS Corporation, and Elbit Systems.

Commenting on the report, an analyst from Technavio’s team said: “Innovation and improved techniques play a vital role in the MRO sector. One such evolving technology is the introduction of 3D printing that is expected to drive the growth of the naval vessels MRO market during the forecast period. 3D printing technology is unique as it can print electronics directly onto 3D surfaces such as on an aircraft wing, ships, unmanned underwater vehicles (UUvs), missile fins and on their guidance systems.”

According to the report, one of the major factors driving the growth of the market is the high demand for naval MRO outsourcing. Naval MRO outsourcing provides benefit such as lower maintenance costs, improved efficiency, and reduction of regulatory obstacles.

Further, the report states that the US Army is faced with the challenge of reducing costs while procuring, maintaining, and enhancing the naval vessels.

Companies Mentioned

BAE Systems, General Dynamics, Lockheed Martin, Huntington Ingalls Industries, Northrop Grumman, Raytheon, Rockwell Collins, Saab, URS Corporation, Elbit Systems.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Classification of naval vessels
  • Market landscape
    • Market overview
      • Table Segmentation of global naval vessels MRO market
    • Market size and forecast
      • Table Global naval vessels MRO market ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Global aerospace and defense supply chain system
    • Table Global aerospace and defense supply chain system
  • Global aerospace and defense value chain system
    • Table Global aerospace and defense value chain system
  • Market segmentation by vessels type
    • Global naval vessels MRO market by vessels type
      • Table Global naval vessels MRO market by vessels type in 2015
      • Table Global naval vessels MRO market by vessels type in 2020
    • Global naval vessels MRO market by vessels type (revenue)
      • Table Global naval vessels MRO market by vessels type ($ billions)
    • Global other vessels MRO market
      • Table Global other vessels MRO market ($ billions)
    • Global submarines MRO market
      • Table Global submarines MRO market ($ millions)
    • Global frigates MRO market
      • Table Global frigates MRO market ($ millions)
    • Global corvettes MRO market
      • Table Global corvettes MRO market ($ millions)
    • Global destroyers MRO market
      • Table Global destroyers MRO market ($ millions)
  • Geographical segmentation
    • Global naval vessels MRO market by geography
      • Table Global naval vessels MRO market by geography 2015
      • Table Global naval vessels MRO market by geography 2020
    • Global naval vessels MRO market by geography (revenue)
      • Table Global naval vessels MRO market by geography ($ billions)
    • Naval vessels MRO market in the Americas
      • Table Naval vessels MRO market in the Americas ($ billions)
    • Naval vessels MRO market in APAC
      • Table Naval vessels MRO market in APAC ($ billions)
    • Naval vessels MRO market in EMEA
      • Table Naval vessels MRO market in EMEA ($ billions)
  • Key leading countries
    • Table Key leading countries
  • Market drivers
    • Table Applications of UUVs
    • Table Investments of the US Navy in UUVs
    • Table Advantages of outsourcing naval vessels MRO
    • Table Impact of increasing naval vessels on MRO
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Consequences of defense budget cut
    • Table Effect of naval MROs on environment
    • Table Impact of advanced naval technologies
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Advantages of 3D printing
    • Table Utility of advanced automated systems
    • Table Modernization of naval vessels
  • Vendor landscape
    • Competitive scenario
    • List of vendors in global naval vessels MRO market
      • Table Major and other prominent vendors
    • BAE Systems
      • Table BAE Systems: Key service portfolio (ship repair)
      • Table BAE Systems: Business segmentation by revenue 2014
      • Table BAE Systems: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table BAE Systems: Geographical segmentation by revenue 2014
      • Table BAE Systems Consolidated order backlog of 2013 and 2014 ($ billions)
    • General Dynamics
      • Table General Dynamics: Business segmentation by revenue 2014
      • Table General Dynamics: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table General Dynamics: Geographical segmentation by revenue 2014
      • Table General Dynamics: Consolidated order backlog by 2013 and 2014 ($ billions)
    • Huntington Ingalls Industries
      • Table Huntington Ingalls Industries: Business segmentation by revenue 2014
      • Table Huntington Ingalls Industries: Business segmentation by revenue 2013 and 2014 ($ billions)
    • Lockheed Martin
      • Table Lockheed Martin: Business segmentation by revenue 2014
      • Table Lockheed Martin: Business segmentation by revenue 2013 and 2014 (in $ billions)
      • Table Lockheed Martin: Geographical segmentation by revenue 2014
      • Table Lockheed Martin: Consolidated order backlog 2013 and 2014 (in $ billions)
    • Northrop Grumman
      • Table Northrop Grumman: Business segmentation 2014
      • Table Northrop Grumman: Business segmentation by revenue 2013 and 2014 (in $ billions)
      • Table Northrop Grumman consolidated order backlog in 2013 and 2014 ($ billions)
      • Table Northrop Grumman: Geographical segmentation by revenue 2014
    • Key vendors' recent developments
  • Appendix
    • List of abbreviation
  • Explore Technavio

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