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The nuclear powered naval vessels market is forecasted to grow by USD 12.44 bn during 2023-2028, accelerating at a CAGR of 8% during the forecast period. The report on the nuclear powered naval vessels 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 the cost-effectiveness of nuclear power, rising military spending, and a focus on making submarines more undetectable.
The nuclear powered naval vessels market is segmented as below:
By Product
- Surface vessels
- Submerged vessels
By Application
- Defense
- Transportation
By Geography
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the nuclear powered naval vessels market covers the following areas:
- Nuclear powered naval vessels market sizing
- Nuclear powered naval vessels market forecast
- Nuclear powered naval vessels 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 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 primary and secondary research. 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 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 Product
7 Market Segmentation by Application
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 nuclear powered naval vessels market: Austal Ltd., Babcock International Group Plc, BAE Systems Plc, Bechtel Corp., BWX Technologies Inc., Curtiss Wright Corp., General Dynamics Corp., Huntington Ingalls Industries Inc., Kongsberg Gruppen ASA, Lockheed Martin Corp., Naval Group, Northrop Grumman Corp., Rolls Royce Holdings Plc, and Thales Group.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is replacing highly enriched uranium in naval reactors.'
According to the report, one of the major drivers for this market is the cost effectiveness of nuclear power.
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:
- Austal Ltd.
- Babcock International Group Plc
- BAE Systems Plc
- Bechtel Corp.
- BWX Technologies Inc.
- Curtiss Wright Corp.
- General Dynamics Corp.
- Huntington Ingalls Industries Inc.
- Kongsberg Gruppen ASA
- Lockheed Martin Corp.
- Naval Group
- Northrop Grumman Corp.
- Rolls Royce Holdings Plc
- Thales Group