Report Detail
Global Naval Vessel MRO Market Growth (Status and Outlook) 2019-2024
- RnM2983023 |
- 19 February, 2019 |
- Global |
- 119 Pages |
- LPI(LP Information) |
- Service & Software
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.
At present, the market of Naval Vessel MRO is concentrated in the coastal countries and regions. North America, Europe and Asia – Pacific are the main regions. North America is the largest area in the world, which occupied about 35.70% in 2016. The second large area is Asia – Pacific, accounting for 31.68%.
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.
The Naval Vessel MRO split to three segments by vessel type: Surface Warship, Submarines and Support vessels. Surface Warship dominated the market with a market share of 57.50% in 2016.
According to this study, over the next five years the Naval Vessel MRO market will register a 8.8% CAGR in terms of revenue, the global market size will reach US$ 13700 million by 2024, from US$ 8300 million in 2019. In particular, this report presents the global revenue market share of key companies in Naval Vessel MRO business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Naval Vessel MRO market by product type, application, key companies and key regions.
This study considers the Naval Vessel MRO value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Engine MRO
Dry Dock MRO
Component MRO
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Surface Warship
Submarines
Support Vessels
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BAE Systems
General Dynamics
Huntington Ingalls Industries
Northrop Grumman
Lockheed Martin
Raytheon
URS Corporation
Saab
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Naval Vessel MRO market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Naval Vessel MRO market by identifying its various subsegments.
Focuses on the key global Naval Vessel MRO players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Naval Vessel MRO with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Naval Vessel MRO submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Naval Vessel MRO Market Report (Status and Outlook)
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Naval Vessel MRO Market Size 2014-2024
- 2.1.2 Naval Vessel MRO Market Size CAGR by Region
- 2.2 Naval Vessel MRO Segment by Type
- 2.2.1 Engine MRO
- 2.2.2 Dry Dock MRO
- 2.2.3 Regular Maintenance MRO
- 2.2.4 Component MRO
- 2.3 Naval Vessel MRO Market Size by Type
- 2.3.1 Global Naval Vessel MRO Market Size Market Share by Type (2014-2019)
- 2.3.2 Global Naval Vessel MRO Market Size Growth Rate by Type (2014-2019)
- 2.4 Naval Vessel MRO Segment by Application
- 2.4.1 Surface Warship
- 2.4.2 Submarines
- 2.4.3 Support Vessels
- 2.5 Naval Vessel MRO Market Size by Application
- 2.5.1 Global Naval Vessel MRO Market Size Market Share by Application (2014-2019)
- 2.5.2 Global Naval Vessel MRO Market Size Growth Rate by Application (2014-2019)
3 Global Naval Vessel MRO by Players
- 3.1 Global Naval Vessel MRO Market Size Market Share by Players
- 3.1.1 Global Naval Vessel MRO Market Size by Players (2017-2019)
- 3.1.2 Global Naval Vessel MRO Market Size Market Share by Players (2017-2019)
- 3.2 Global Naval Vessel MRO Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
4 Naval Vessel MRO by Regions
- 4.1 Naval Vessel MRO Market Size by Regions
- 4.2 Americas Naval Vessel MRO Market Size Growth
- 4.3 APAC Naval Vessel MRO Market Size Growth
- 4.4 Europe Naval Vessel MRO Market Size Growth
- 4.5 Middle East & Africa Naval Vessel MRO Market Size Growth
5 Americas
- 5.1 Americas Naval Vessel MRO Market Size by Countries
- 5.2 Americas Naval Vessel MRO Market Size by Type
- 5.3 Americas Naval Vessel MRO Market Size by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Naval Vessel MRO Market Size by Countries
- 6.2 APAC Naval Vessel MRO Market Size by Type
- 6.3 APAC Naval Vessel MRO Market Size by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Naval Vessel MRO by Countries
- 7.2 Europe Naval Vessel MRO Market Size by Type
- 7.3 Europe Naval Vessel MRO Market Size by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Naval Vessel MRO by Countries
- 8.2 Middle East & Africa Naval Vessel MRO Market Size by Type
- 8.3 Middle East & Africa Naval Vessel MRO Market Size by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Global Naval Vessel MRO Market Forecast
- 10.1 Global Naval Vessel MRO Market Size Forecast (2019-2024)
- 10.2 Global Naval Vessel MRO Forecast by Regions
- 10.2.1 Global Naval Vessel MRO Forecast by Regions (2019-2024)
- 10.2.2 Americas Market Forecast
- 10.2.3 APAC Market Forecast
- 10.2.4 Europe Market Forecast
- 10.2.5 Middle East & Africa Market Forecast
- 10.3 Americas Forecast by Countries
- 10.3.1 United States Market Forecast
- 10.3.2 Canada Market Forecast
- 10.3.3 Mexico Market Forecast
- 10.3.4 Brazil Market Forecast
- 10.4 APAC Forecast by Countries
- 10.4.1 China Market Forecast
- 10.4.2 Japan Market Forecast
- 10.4.3 Korea Market Forecast
- 10.4.4 Southeast Asia Market Forecast
- 10.4.5 India Market Forecast
- 10.4.6 Australia Market Forecast
- 10.5 Europe Forecast by Countries
- 10.5.1 Germany Market Forecast
- 10.5.2 France Market Forecast
- 10.5.3 UK Market Forecast
- 10.5.4 Italy Market Forecast
- 10.5.5 Russia Market Forecast
- 10.5.6 Spain Market Forecast
- 10.6 Middle East & Africa Forecast by Countries
- 10.6.1 Egypt Market Forecast
- 10.6.2 South Africa Market Forecast
- 10.6.3 Israel Market Forecast
- 10.6.4 Turkey Market Forecast
- 10.6.5 GCC Countries Market Forecast
- 10.7 Global Naval Vessel MRO Forecast by Type
- 10.8 Global Naval Vessel MRO Forecast by Application
11 Key Players Analysis
- 11.1 BAE Systems
- 11.1.1 Company Details
- 11.1.2 Naval Vessel MRO Product Offered
- 11.1.3 BAE Systems Naval Vessel MRO Revenue, Gross Margin and Market Share (2017-2019)
- 11.1.4 Main Business Overview
- 11.1.5 BAE Systems News
- 11.2 General Dynamics
- 11.2.1 Company Details
- 11.2.2 Naval Vessel MRO Product Offered
- 11.2.3 General Dynamics Naval Vessel MRO Revenue, Gross Margin and Market Share (2017-2019)
- 11.2.4 Main Business Overview
- 11.2.5 General Dynamics News
- 11.3 Huntington Ingalls Industries
- 11.3.1 Company Details
- 11.3.2 Naval Vessel MRO Product Offered
- 11.3.3 Huntington Ingalls Industries Naval Vessel MRO Revenue, Gross Margin and Market Share (2017-2019)
- 11.3.4 Main Business Overview
- 11.3.5 Huntington Ingalls Industries News
- 11.4 Northrop Grumman
- 11.4.1 Company Details
- 11.4.2 Naval Vessel MRO Product Offered
- 11.4.3 Northrop Grumman Naval Vessel MRO Revenue, Gross Margin and Market Share (2017-2019)
- 11.4.4 Main Business Overview
- 11.4.5 Northrop Grumman News
- 11.5 Lockheed Martin
- 11.5.1 Company Details
- 11.5.2 Naval Vessel MRO Product Offered
- 11.5.3 Lockheed Martin Naval Vessel MRO Revenue, Gross Margin and Market Share (2017-2019)
- 11.5.4 Main Business Overview
- 11.5.5 Lockheed Martin News
- 11.6 Raytheon
- 11.6.1 Company Details
- 11.6.2 Naval Vessel MRO Product Offered
- 11.6.3 Raytheon Naval Vessel MRO Revenue, Gross Margin and Market Share (2017-2019)
- 11.6.4 Main Business Overview
- 11.6.5 Raytheon News
- 11.7 URS Corporation
- 11.7.1 Company Details
- 11.7.2 Naval Vessel MRO Product Offered
- 11.7.3 URS Corporation Naval Vessel MRO Revenue, Gross Margin and Market Share (2017-2019)
- 11.7.4 Main Business Overview
- 11.7.5 URS Corporation News
- 11.8 Saab
- 11.8.1 Company Details
- 11.8.2 Naval Vessel MRO Product Offered
- 11.8.3 Saab Naval Vessel MRO Revenue, Gross Margin and Market Share (2017-2019)
- 11.8.4 Main Business Overview
- 11.8.5 Saab News
12 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Naval Vessel MRO . Industry analysis & Market Report on Naval Vessel MRO is a syndicated market report, published as Global Naval Vessel MRO Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Naval Vessel MRO market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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