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Global Warship and Naval Vessels Market 2015-2019

Global Warship and Naval Vessels Market 2015-2019

About naval vessels

On the basis of vessel type, naval vessels can be categorized into high-end war-fighting vessels installed with expensive weapons systems, submarines, and basic patrol vessels for low-intensity missions equipped with essential equipment, sensors, and weapons. Naval vessels are selected based on the requirement of a country, geographical location, and specific purpose of the application.

Technavio's analysts forecast the global warship and naval vessels market to grow at a CAGR of 1.7% over the period 2014-2019.

Covered in this report

In this report, Technavio covers the present scenario and growth prospects of the global warship and naval vessels market for 2015-2019. The report provides a global overview of the market and the growth prospects by region (Americas, APAC, and EMEA). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market. In addition, it discusses the major drivers influencing market growth, outlines the challenges faced by vendors and the market as a whole, as well as the key trends emerging in the market.

Technavio's report, Global Warship and Naval Vessels Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions

  • Americas
  • APAC
  • EMEA
Key vendors
  • Babcock International Group
  • General Dynamics
  • Kawasaki Heavy Industries
  • Lockheed Martin
  • Mitsubishi Heavy Industries
Other prominent vendors
  • CSIC
  • DSME
  • Fincantieri
  • GRSE
  • Hyundai Heavy Industries
  • Navantia
  • Pipavav Defense and Offshore Engineering
Key market driver
  • Need for maritime surveillance
  • For a full, detailed list, view our report
Key market challenge
  • Issues related to maintenance of naval vessels
  • For a full, detailed list, view our report
Key market trend
  • Modularization of naval vessels
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 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 Warship and Naval Vessels Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Warship and Naval Vessels Market: Babcock International Group, General Dynamics, Kawasaki Heavy Industries, Lockheed Martin and Mitsubishi Heavy Industries

Other Prominent Vendors in the market are: CSIC, DSME, Fincantieri, GRSE, Hyundai Heavy Industries, Navantia and Pipavav Defense and Offshore Engineering

Commenting on the report, an analyst from Technavio’s team said: “To overcome certain design drawbacks and improve naval vessels performance, new and optimized design configurations providing enhanced capability and operability of naval vessels are expected to be prevalent in the market. The prevalence of the trimaran configuration in naval vessel designs is one such trend.”

According to the report, increased demand for naval vessels from emerging markets in Asia, South America, and Africa will contribute the market growth. The existence of a fleet of naval vessels increases the need to upgrade the systems to remain compatible with evolving technology and contribute to the demand for multipurpose applications.

Further, the report states that the economic slowdown in Europe and defense budget cuts in countries such as the US hinders market growth. Furthermore, ease of maintenance is the key to long-term operation and applicability of the naval vessels. However, limited availability of spare parts and maintenance facilities in emerging countries further hampers the market growth.

Companies Mentioned

Babcock International Group, General Dynamics, Kawasaki Heavy Industries, Lockheed Martin, Mitsubishi Heavy Industries, CSIC, DSME, Fincantieri, GRSE, Hyundai Heavy Industries, Navantia and Pipavav Defense, Offshore Engineering

  • Executive summary
    • Highlights
  • Scope of thereport
    • Market overview
    • Top-vendor offerings
      • Table Product and service offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market size and forecast
      • Table Global warship and naval vessels market ($ billions)
      • Table Market share by naval vessel type
    • Five forces analysis
      • Table Five forces analysis
  • Aerospace and defense supply chain system
    • Table Global aerospace and defense supply chain system
  • Aerospace and defense value chain system
    • Table Global aerospace and defense value chain system
  • Geographical segmentation
    • Segmentation of global warship and naval vessels market by region
      • Table Segmentation of global warship and naval vessels market by region 2014 (% share)
      • Table Segmentation of global warship and naval vessels market by region 2019 (% share)
      • Table Segmentation of global warship and naval vessels market by region 2014-2019 ($ billions)
      • Table Segmentation of global warship and naval vessels market by region 2014-2019 (% share)
    • Warship and naval vessels market in Americas
      • Table Warship and naval vessels market in Americas 2014-2019 ($ billions)
    • Warship and naval vessels market in APAC
      • Table Warship and naval vessels market in APAC 2014-2019 ($ billions)
    • Warship and naval vessels market in EMEA
      • Table Warship and naval vessels market in EMEA 2014-2019 ($ billions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Advantages of modular ship design
    • Table Advantages of trimaran configuration in naval vessels design
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors in global warship and naval vessels market
    • Other prominent vendors
  • Key vendor analysis
    • Babcock International
      • Table Babcock International: Product segmentation
      • Table Babcock International: Business segmentation by revenue 2015 (% share)
      • Table Babcock International: Business segmentation by revenue 2014 and 2015 ($ billions)
      • Table Babcock International: Geographical segmentation by revenue 2015 (% share)
    • General Dynamics
      • Table General Dynamics: Business segmentation by revenue 2014 (% share)
      • Table General Dynamics: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table General Dynamics: Geographical segmentation by revenue 2014 (% share)
    • Lockheed Martin
      • Table Business segmentation by revenue 2014 (% share)
      • Table Business segmentation by revenue 2013 and 2014 ($ billions)
    • Mitsubishi Heavy Industries Marine Machinery & Engine
      • Table Mitsubishi Heavy Industries Marine Machinery & Engine: Product segmentation
  • Appendix
    • List of abbreviations
  • Explore Technavio

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