Global Naval Ship Modernization Assessment 2017 - Forecast to 2026 - Research and Markets

The "Global Naval Ship Modernization Assessment, Forecast to 2026" report has been added to Research and Markets' offering.

The naval ship modernization market will grow at a compound annual growth rate (CAGR) of 4.3% during 2016-2026 and result in a total valuation of $49.10 billion. The market will be dominated by upgrades for surface combatant and submarine segments (92.5% of the total market).

The economic downturn over the last decade has resulted in a number of cancellation, postponement, or downsizing of high-value defense programs. These actions have slowed down the induction of new ships into naval fleets. However, the requirement for strong naval assets is at a high amidst the political tensions in Central Asia, Eastern Europe, Southeast Asia, and other parts of the world. Countries have to maintain a large number of operational naval assets in order to build deterrence, protect sovereignty, and secure Sea Lines of Communication (SLOC). Operators are initiating comprehensive midlife upgrades and life extension programs in order to field adequate operational assets.

Research Scope

The market trends are analyzed for the study period 2016 to 2026, with the base year being 2016. The scope of the study is global, covering most nations which field a naval force.

The market is segmented across surface combatants, submarines, support ships, and patrol boats. Each segment is broken up into different vessel types and classes for granularity in information. Companies mentioned in the study include Lockheed Martin, Terma, Atlas Electronick, Raytheon, STM, TKMS, Kongsberg Marine, HII, and DCNS among others.

Country-specific modernization, life extension, and upgrade programs are arrived at using a combination of data including vessel acquisition and commissioning time frames, defense contract data, previous upgrades, defense spending patterns, and geopolitical exigencies.

Key Topics Covered:

  1. Executive Summary
  2. Market Overview
  3. Drivers and Restraints-Total Naval Ship Modernization Market
  4. Segmentation, Overview, Forecast, and Analysis-Total Naval Ship Modernization Market
  5. Competitive Analysis-Total Naval Ship Modernization Market
  6. Growth Opportunities
  7. Regional Analysis-North America
  8. APAC Analysis
  9. Europe Analysis
  10. Latin America Analysis
  11. Central Asia Analysis
  12. Middle East Analysis
  13. Africa Analysis
  14. The Last Word
  15. Appendix

Companies Mentioned

- Atlas Electronick

- DCNS

- HII

- Kongsberg Marine

- Lockheed Martin

- Raytheon

- STM

- Terma

- TKMS

For more information about this report visit https://www.researchandmarkets.com/research/j6st7s/global_naval_ship