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[ 英語タイトル ] Europe Naval Vessels Market - Growth, Trends, and Forecasts (2020 - 2025)


Product Code : MDAD0088162
Survey : Mordor Intelligence
Publish On : November, 2020
Number of Pages : 80
Category : Aerospace and Defence
Study Area : Europe
Report format : PDF
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 - A&P Group Limited
- FINCANTIERI SpA
- Naval Group
- Fr. Lürssen Werft GmbH & Co. KG
- German Naval Yards Kiel GmbH
- Dassault Systèmes
- BAE Systems
- thyssenkrupp AG
- Navantia
- JSC United Shipbuilding Corporation
- Rauma Marine Constructions
- Smart Maritime Group

[Report Description]

The European naval vessels market is expected to exhibit a CAGR of 3.5% during the forecast period (2020 - 2025).

- The market is propelled by recent developments of frigates and offshore patrol vessels, owing to their lethality, speed, and maneuverability. The incidents, such as the rise in illegal trespassing of immigrants and drug trafficking in countries, such as Italy, Spain, and Albania, have led to the rise in demand for naval vessel developments in this region.
- Other factors, such as the implementation of the United Nations Convention on the Law of the Sea (UNCLOS) III norms, need to patrol Exclusive Economic Zones that stretch up to 200 miles beyond national coastlines, and need for cost-effective naval forces after cold war era are propelling the market's growth in the region.
- The advanced technological developments, such as initiatives to deploy Aegis technology equipped ships in the European naval fleet and investments in robotics and other digital technology development by local naval ship builders are supporting the growth of the naval vessels market in Europe.

Key Market Trends

Increased Investment and Joint Collaboration Programs are Propelling the Market Growth

The European naval shipbuilding companies are developing advanced vessel designs that have witnessed a huge demand from foreign countries such as the United States. Italy's Fincantieri developed a frigate in collaboration with France for the national navies of Italy, France, Egypt, etc. and in April 2020, it bagged an order of USD 795 million to develop first of ten guided-missile FFG (X) frigate for the United States Navy. In April 2020, Spain joined the European Patrol Corvette program aimed at developing corvettes that can serve the missions performed by off-shore patrol boats and light frigates. The 3300 tons frigates, being developed by Naviris, a joint venture between France's Naval Group and Italy's Fincantieri, were initially proposed to serve naval security forces of France, Greece, and Italy but now after the entry of Spain, support from Navantia is expected to increase in the program. Russia is also investing in modernization of the existing fleet and has achieved significant developments in sound suppression technology for submarines. All these factors are propelling the market growth for naval vessels in the European region.

Russia to Exhibit Significant Growth During the Forecast Period

Russia emerged as a major military power after the Soviet era and has significantly increased its spending on naval forces to protect its maritime interests around the globe. In 2019, Russian naval forces added 23 new vessels to their fleet which is 3 less than the 26 vessels added in 2018 but the rate of fleet expansion is more compared to the US and China. In May 2020, Russia ordered 6 Karakurt Class advanced corvettes for its Baltic fleet. Russia is also making investments in missile warships and its Irkutsk class of submarine fleet is undergoing up-gradation to house hypersonic Zicron missiles to counter threats posed by aircraft carriers, destroyers, etc. Such developments will propel the naval vessels market in Russia during the forecast period.

Competitive Landscape

The Europe naval vessels market is consolidated with players, such as Naval Group, FINCANTIERI, thyssenkrupp, and BAE Systems, are dominating the market. The key players in the market own several shipbuilding yards dedicated to naval vessel developments. The prominent revenue generation strategy of key players is by winning contracts and orders from European and foreign governments. The market is witnessing a significant growth owing to the increased collaborations and partnerships between different market players.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 Vessel Type
5.1.1 Submarine
5.1.2 Frigates
5.1.3 Corvettes
5.1.4 Aircraft Carrier
5.1.5 Destroyers
5.1.6 Other Vessel Types
5.2 Geography
5.2.1 Europe
5.2.1.1 United Kingdom
5.2.1.2 France
5.2.1.3 Germany
5.2.1.4 Russia
5.2.1.5 Spain
5.2.1.6 Finland
5.2.1.7 Ukraine
5.2.1.8 Rest of Europe

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 A&P Group Limited
6.1.2 FINCANTIERI SpA
6.1.3 Naval Group
6.1.4 Fr. Lürssen Werft GmbH & Co. KG
6.1.5 German Naval Yards Kiel GmbH
6.1.6 Dassault Systèmes
6.1.7 BAE Systems
6.1.8 thyssenkrupp AG
6.1.9 Navantia
6.1.10 JSC United Shipbuilding Corporation
6.1.11 Rauma Marine Constructions
6.1.12 Smart Maritime Group

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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