Naval Vessel MRO market

Naval Vessel MRO Market - Global Outlook and Forecast 2022-2028

  • 28 January 2022
  • ICT & Media
  • 72 Pages
  • Report code : PMR-6805884

  • 4.7 (158)

Naval Vessel MRO Market

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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.

Naval Vessel MRO Market contains market size and forecasts of Naval Vessel MRO in Global, including the following market information:

Global Naval Vessel MRO Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Naval Vessel MRO market was valued at 12050 million in 2021 and is projected to reach US$ 17700 million by 2028, at a CAGR of 5.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Engine MRO Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Naval Vessel MRO include BAE Systems, General Dynamics, Huntington Ingalls Industries, Northrop Grumman, Lockheed Martin, Raytheon, URS Corporation, Saab and Elbit Systems. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Naval Vessel MRO companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Naval Vessel MRO Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Naval Vessel MRO Market Segment Percentages, by Type, 2021 (%)

Engine MRO

Dry Dock MRO

Regular Maintenance MRO

Component MRO

Global Naval Vessel MRO Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Naval Vessel MRO Market Segment Percentages, by Application, 2021 (%)

Surface Warship

Submarines

Support Vessels

Global Naval Vessel MRO Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Naval Vessel MRO Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Naval Vessel MRO revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Naval Vessel MRO revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

BAE Systems

General Dynamics

Huntington Ingalls Industries

Northrop Grumman

Lockheed Martin

Raytheon

URS Corporation

Saab

Elbit Systems

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