GlobalData Plc

Modernization Initiatives to Fuel Naval Vessels and Surface Combatants Market Growth - Seite 2

Naval Vessels and Surface Combatants Market Segmentation by Region

• North America
• The Middle East
• Europe
• Latin America
• Africa
• Asia-Pacific

North America is set to be the largest market for naval vessels and surface combatants over 2022-32. The US accounts for the largest market for naval vessels and surface combatants in the North American region. The remaining share is anticipated to be held by Canada over the forecast period. The US’s dominance in the naval vessels market is influenced by the country’s affinity for advanced military platforms in order to maintain an edge over its adversaries. The country is presently undertaking multiple high-value programs to procure new-generation naval vessels.

Naval Vessels and Surface Combatants Market Analysis, by Regions

For more regional insights, download a free report sample

Naval Vessels and Surface Combatants Market Segments

• Frigate
• Destroyer
• Light Combat Vessel
• Auxiliary Vessel
• Amphibious Ship
• Corvette
• Aircraft Career
  
  

The frigate is anticipated to be the largest segment in the naval vessels and surface combatants market during the forecast period followed by the destroyer and the light combat vessel segments. Between 2022 and 2032, Asia-Pacific is set to account for the largest share of the frigate segment, followed by Europe, and the North America. The frigate segment’s growth in the Asia-Pacific region is majorly attributed to Australia’s Hunter-class (SEA 5000), Japan’s 30DX Multi-Mission, and China’s Type 054A frigates procurement program.

Naval Vessels and Surface Combatants Market Analysis, by Segment

For more segment insights, download a free report sample

Leading Naval Vessel and Surface Combatant Companies

• Huntington Ingalls Industries Inc
• General Dynamics Corp
• Damen Shipyards Group,
• Naval Group
• Fincantieri SpA
• BAE Systems Plc
• United Shipbuilding Corp
• China State Shipbuilding Corp
• Navantia SA
• Cochin Shipyard Ltd.

To know more about leading defense companies in the naval vessels and surface combatants market, download a free report sample

Naval Vessels and Surface Combatants Market Overview

Market Size 2022	$38.7 billion
CAGR	>3%
Forecast Period	2022-2032
Key Regions	North America, the Middle East, Europe, Latin America, Africa, and Asia-Pacific
Key Segments	Frigate, Destroyer, Light Combat Vessel, Auxiliary Vessel, Amphibious Ship, Corvette, and Aircraft Career
Leading Companies	Huntington Ingalls Industries Inc, General Dynamics Corp, Damen Shipyards Group, Naval Group, Fincantieri SpA, BAE Systems Plc, United Shipbuilding Corp, China State Shipbuilding Corp, Navantia SA, Eastern Shipbuilding Group, Mitsubishi Heavy Industries Ltd, Daewoo Shipbuilding and Marine Engineering Co. Ltd, and Cochin Shipyard Ltd.

Naval Vessels and Surface Combatants Market Scope