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.
In 2018, the global Naval Vessel MRO market size was 8300 million US$ and it is expected to reach 16400 million US$ by the end of 2025, with a CAGR of 8.9% during 2019-2025.
This report focuses on the global Naval Vessel MRO status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Naval Vessel MRO development in United States, Europe and China.
The key players covered in this study
BAE Systems
General Dynamics
Huntington Ingalls Industries
Northrop Grumman
Lockheed Martin
Raytheon
URS Corporation
Saab
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Market segment by Type, the product can be split into
Engine MRO
Dry Dock MRO
Regular Maintenance MRO
Component MRO
Market segment by Application, split into
Surface Warship
Submarines
Support Vessels
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Naval Vessel MRO status, future forecast, growth opportunity, key market and key players.
To present the Naval Vessel MRO development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
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Table Of Contents:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Naval Vessel MRO Market Size Growth Rate by Type (2014-2025)
1.4.2 Engine MRO
1.4.3 Dry Dock MRO
1.4.4 Regular Maintenance MRO
1.4.5 Component MRO
1.5 Market by Application
1.5.1 Global Naval Vessel MRO Market Share by Application (2014-2025)
1.5.2 Surface Warship
1.5.3 Submarines
1.5.4 Support Vessels
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Naval Vessel MRO Market Size
2.2 Naval Vessel MRO Growth Trends by Regions
2.2.1 Naval Vessel MRO Market Size by Regions (2014-2025)
2.2.2 Naval Vessel MRO Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
….
12 International Players Profiles
12.1 BAE Systems
12.1.1 BAE Systems Company Details
12.1.2 Company Description and Business Overview
12.1.3 Naval Vessel MRO Introduction
12.1.4 BAE Systems Revenue in Naval Vessel MRO Business (2014-2019)
12.1.5 BAE Systems Recent Development
12.2 General Dynamics
12.2.1 General Dynamics Company Details
12.2.2 Company Description and Business Overview
12.2.3 Naval Vessel MRO Introduction
12.2.4 General Dynamics Revenue in Naval Vessel MRO Business (2014-2019)
12.2.5 General Dynamics Recent Development
12.3 Huntington Ingalls Industries
12.3.1 Huntington Ingalls Industries Company Details
12.3.2 Company Description and Business Overview
12.3.3 Naval Vessel MRO Introduction
12.3.4 Huntington Ingalls Industries Revenue in Naval Vessel MRO Business (2014-2019)
12.3.5 Huntington Ingalls Industries Recent Development
12.4 Northrop Grumman
12.4.1 Northrop Grumman Company Details
12.4.2 Company Description and Business Overview
12.4.3 Naval Vessel MRO Introduction
12.4.4 Northrop Grumman Revenue in Naval Vessel MRO Business (2014-2019)
12.4.5 Northrop Grumman Recent Development
12.5 Lockheed Martin
12.5.1 Lockheed Martin Company Details
12.5.2 Company Description and Business Overview
12.5.3 Naval Vessel MRO Introduction
12.5.4 Lockheed Martin Revenue in Naval Vessel MRO Business (2014-2019)
12.5.5 Lockheed Martin Recent Development
Continued…….
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