Global Naval Ship Modernization Assessment, Forecast to 2026
Global Naval Ship Modernization Assessment, Forecast to 2026
Defense Budget Pressures are Driving Navies to Initiate Comprehensive Ship Service Life Extension and Modernization Programs
09-Aug-2017
Global
Description
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. 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).
Through this research service, Frost & Sullivan provides an assessment of global naval ship modernization programs, opportunities, forecasts, and technology trends from a macro level and also from a comprehensive micro-level countrywise assessment.
Key Target Audience
The key target audience includes:
• Defense OEMs and Integrators (especially their marketing and sales teams)
• Tier 1/ Tier 2/Tier 3 Suppliers
• Defense Consultants and Researchers
• Educational Bodies
• Personnel Working with Ministry/Department of Defense
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 Questions This Study Will Answer
• What are the committed, planned, and upcoming opportunities in the naval ship modernization market over the next 10 years?
• Which geographical markets and segments are growing?
• What are the key success factors that OEMs should consider in the market?
• What drives the need for modernizing naval ships in different nations and how do their procurement preferences and market dynamics differ?
• What are the major programs underway and planned within these markets and what opportunities do they open up for OEMs/contractors?
• Are there any capability gaps in the markets that need to be anticipated?
Table of Contents
Key Findings
Key Findings (continued)
Market Engineering Measurements
CEO’s Perspective
Market Scope and Definitions
Market Definitions
Market Segmentation
Key Questions This Study Will Answer
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Market Engineering Measurements
Total Naval Ship Modernization Market—Revenue Forecast by Vessel Type
Total Naval Ship Modernization Market—Percent Revenue Breakdown by Vessel Type
Total Naval Ship Modernization Market—Revenue Forecast by Committed, Planned, and Forecast
Total Naval Ship Modernization Market—Percent Revenue Breakdown by Committed, Planned, and Forecast
Total Naval Ship Modernization Market—Revenue Forecast by Region
Total Naval Ship Modernization Market—Percent Revenue Breakdown by Region
Surface Combatants Segment—Revenue Forecast by Region
Surface Combatants Segment—Percent Revenue Breakdown by Region
Submarines Segment—Revenue Forecast by Region
Submarines Segment—Percent Revenue Breakdown by Region
Support Ships Segment—Revenue Forecast by Region
Support Ships Segment—Percent Revenue Breakdown by Region
Patrol Boats Segment—Revenue Forecast by Region
Patrol Boats Segment—Percent Revenue Breakdown by Region
Total Naval Fleet Modernization Market—Segment Market Valuations
Global Naval Fleet Market—Segment Discussion and Summary
Global Naval Fleet Market—Segment Discussion and Summary (continued)
Surface Combatants Segment—Market Share
Surface Combatants Segment—Market Share (continued)
Patrol Boats Segment—Market Share
Growth Opportunity 1—Ballistic Missile Defense (BMD)
Growth Opportunity 2—Anti-air Defense (AAD)
Growth Opportunity 3—Anti-submarine Warfare Systems (ASW)
Growth Opportunity 4—Mine Countermeasures (MCM) Upgrades
Growth Opportunity 5—Propulsion Upgrades
Strategic Imperatives for Success and Growth
North America—Key Findings
Revenue Forecast by Vessel Type
Modernization Opportunity Landscape—Surface Combatants
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Submarines
Programs and Contracts
Programs and Contracts (continued)
Programs and Contracts (continued)
Programs and Contracts (continued)
Programs and Contracts (continued)
Programs and Contracts (continued)
Programs and Contracts (continued)
Programs and Contracts (continued)
Programs and Contracts (continued)
APAC—Key Findings
Revenue Forecast by Vessel Type
Modernization Opportunity Landscape—Surface Combatants
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Submarines
Modernization Opportunity Landscape—Submarines (continued)
Modernization Opportunity Landscape—Submarines (continued)
Modernization Opportunity Landscape—Patrol Boats
Modernization Opportunity Landscape—Patrol Boats (continued)
Modernization Opportunity Landscape—Support Ships
Programs and Contracts
Programs and Contracts (continued)
Programs and Contracts (continued)
Programs and Contracts (continued)
Programs and Contracts (continued)
Programs and Contracts (continued)
Programs and Contracts (continued)
Europe—Key Findings
Revenue Forecast by Vessel Type
Modernization Opportunity Landscape—Surface Combatants
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Support Ships and Patrol Boats
Modernization Opportunity Landscape—Submarines
Programs and Contracts
Programs and Contracts (continued)
Programs and Contracts (continued)
Programs and Contracts (continued)
Programs and Contracts (continued)
Latin America—Key Findings
Revenue Forecast by Vessel Type
Modernization Opportunity Landscape—Surface Combatants
Modernization Opportunity Landscape—Submarines and Support Ships
Modernization Opportunity Landscape—Patrol Boats
Programs and Contracts
Programs and Contracts (continued)
Central Asia—Key Findings
Revenue Forecast by Vessel Type
Modernization Opportunity Landscape—Surface Combatants
Modernization Opportunity Landscape—Surface Combatants and Support Ships
Modernization Opportunity Landscape—Submarines
Programs and Contracts
Programs and Contracts (continued)
Middle East—Key Findings
Revenue Forecast by Vessel Type
Modernization Opportunity Landscape—Surface Combatants
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Surface Combatants (continued)
Modernization Opportunity Landscape—Support Ships and Submarines
Modernization Opportunity Landscape—Support Ships and Submarines (continued)
Modernization Opportunity Landscape—Patrol Boats
Programs and Contracts
Africa—Key Findings
Revenue Forecast by Vessel Type
Modernization Opportunity Landscape—Surface Combatants and Submarines
Modernization Opportunity Landscape—Surface Combatants
Programs and Contracts
The Last Word—Conclusions
Legal Disclaimer
Glossary of Acronyms
Glossary of Acronyms (continued)
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
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No Index | No |
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Podcast | No |
Author | Arjun Sreekumar |
Industries | Aerospace, Defence and Security |
WIP Number | 9AB0-00-4E-00-00 |
Is Prebook | No |