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The naval vessels MRO market is forecasted to grow by USD 6,884.75 mn during 2023-2028, accelerating at a CAGR of 6.89% during the forecast period. The report on the naval vessels MRO market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an aging fleet and modernization programs of leading naval forces, the growing size of naval fleets, and an increasing focus on keeping naval fleets combat-ready.
The naval vessels MRO market is segmented as below:
By Type
- Dry dock MRO
- Component MRO
- Engine MRO
- Modification
By Vessel Orientation
- Aircraft carriers
- Submarines
- Destroyers
- Frigates
- Amphibious vessels and others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the naval vessels MRO market covers the following areas:
- Naval vessels MRO market sizing
- Naval vessels MRO market forecast
- Naval vessels MRO market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Vessel Orientation
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global naval vessels MRO market: Abu Dhabi Ship Building PJSC, Austal Ltd., Babcock International Group Plc, BAE Systems Plc, Fincantieri Spa, General Dynamics Corp., Hanwha Corp., Huntington Ingalls Industries Inc., Kongsberg Gruppen ASA, Larsen and Toubro Ltd., Lockheed Martin Corp., Naval Group, Northrop Grumman Corp., Raytheon Technologies Corp., Rhoads Industries, Rolls Royce Holdings Plc, Saab AB, Teledyne Technologies Inc., Thales Group, and thyssenkrupp AG.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing focus on expediting execution of MRO services.'
According to the report, one of the major drivers for this market is the aging fleet and modernization programs of leading naval forces.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abu Dhabi Ship Building PJSC
- Austal Ltd.
- Babcock International Group Plc
- BAE Systems Plc
- Fincantieri Spa
- General Dynamics Corp.
- Hanwha Corp.
- Huntington Ingalls Industries Inc.
- Kongsberg Gruppen ASA
- Larsen and Toubro Ltd.
- Lockheed Martin Corp.
- Naval Group
- Northrop Grumman Corp.
- Raytheon Technologies Corp.
- Rhoads Industries
- Rolls Royce Holdings Plc
- Saab AB
- Teledyne Technologies Inc.
- Thales Group
- thyssenkrupp AG
