The global Naval Ship Maintenance, Repair, and Overhaul (MRO) market size is predicted to grow from US$ 58510 million in 2025 to US$ 72030 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.
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.
The global leading players in this market are BAE Systems, General Dynamics, Huntington Ingalls Industries, Northrop Grumman, Lockheed Martin, Raytheon, URS Corporation, Saab and Elbit Systems. The top 5 players occupied about half of the market.
LPI (LP Information)' newest research report, the “Naval Ship Maintenance, Repair, and Overhaul (MRO) Industry Forecast” looks at past sales and reviews total world Naval Ship Maintenance, Repair, and Overhaul (MRO) sales in 2024, providing a comprehensive analysis by region and market sector of projected Naval Ship Maintenance, Repair, and Overhaul (MRO) sales for 2025 through 2031. With Naval Ship Maintenance, Repair, and Overhaul (MRO) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Naval Ship Maintenance, Repair, and Overhaul (MRO) industry.
This Insight Report provides a comprehensive analysis of the global Naval Ship Maintenance, Repair, and Overhaul (MRO) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Naval Ship Maintenance, Repair, and Overhaul (MRO) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Naval Ship Maintenance, Repair, and Overhaul (MRO) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Naval Ship Maintenance, Repair, and Overhaul (MRO) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Naval Ship Maintenance, Repair, and Overhaul (MRO).
This report presents a comprehensive overview, market shares, and growth opportunities of Naval Ship Maintenance, Repair, and Overhaul (MRO) market by product type, application, key players and key regions and countries.
Segmentation by Type:
Engine MRO
Dry Dock MRO
Regular Maintenance MRO
Component MRO
Segmentation by Application:
Small and Medium Sized Ship
Large Ship
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BAE Systems Plc
ThyssenKrupp Marine Systems AG
Thales
Fincantieri SpA
PO Sevmash
Huntington Ingalls Industries
Lockheed Martin Corporation
Damen Schelde Naval Shipbuilding (DSNS)
Please note: The report will take approximately 2 business days to prepare and deliver.
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