海戦システム市場ー業界洞察、主要プレーヤー・企業別、成長機会別、最新傾向別、開発別、主要な成長ドライバー別、主要な課題別によってセグメンテーション、予測

[ 英語タイトル ] Naval Combat Systems Market - Growth, Trends, and Forecast (2020 - 2025)

Product Code : MDAD0079371

Survey : Mordor Intelligence

Publish On : February, 2021

Category : Aerospace and Defence

Study Area : Global

Report format : PDF

Sales price option (consumption tax not included)

[Report Description]

The naval combat systems market is expected to record a CAGR of more than 4% during the forecast period, (2020 - 2025).

- The naval systems in recent times have become increasingly relevant and popular, and countries are ramping up their naval capabilities. The emergence of new technologies, such as the advanced airborne radars, which are capable of automatically detecting vessels over a long distance is driving the market.
- Another major driver for this market is the currently ongoing submarine upgrade programs. Submarines are an integral part of a country’s naval fleet, and hence, it is essential to keep them upgraded and maintained. Many upgrading programs are going on across the world for improving the capabilities of submarines.
- The growing popularity for advanced integrated combat systems or the use in naval forces is expected to provide new opportunities for the market in the years to come.

Key Market Trends

The C4ISR Segment to Register with the Highest CAGR During the Forecast Period

The C4ISR segment is expected to register a high CAGR during the forecast period. C4ISR is a combination of different technologies, like C2 systems for command and control, SDR, satellites, and other portable devices for communication. Integrated C4ISR systems are gaining significant acceptance in the market, and their use is likely to increase in the next five years. C4ISR systems are now being adopted widely for maritime patrolling. SIGINT and ISR activities are also increasing in naval operations. The defense sector is also increasingly turning to SATCOM for efficient communication. Another trend in the market is the growing use of UUVs in ISR activities to perform surveillance stealthily. This is also propelling the growth of the segment.

The Asia-Pacific Market to Grow With the Highest CAGR During the Forecast Period

Currently, the North American region is the largest market in the naval combat systems market. The region is a prime manufacturing hub and the largest market for naval subsystems. The United States is the main market in the region currently. However, the demand in the United States is expected to be mostly replacement demand, as the equipment becomes obsolete. Thus, the growth from the region is expected to be slow. However, the Asia-Pacific region is expected to foresee significant growth during the forecast period, due to various conflicts and tensions in the regions. Tensions in the Arabian Sea, the Indian Ocean and the South China Sea are influencing the navies of the countries, like India, Pakistan, China, Japan, South Korea, etc., to procure advanced naval combat systems, thereby propelling the growth of the market.

Competitive Landscape

BAE Systems plc, Lockheed Martin Corporation, Raytheon Company, Thales Group, and General Dynamics Corporation are some of the prominent players in the market. Many players in the market are working together to develop advanced and innovative combat systems for various militaries around the world. This is expected to help the technology transfer and enhance the mission capabilities, due to the integration of different spheres of technologies in the end product. For instance, companies, like Saab AB, BAE Systems plc, and Lockheed Martin Corporation, are working together to deliver a combat system integration for the Hunter class frigates to Australia. Such partnerships are expected to help the growth of the market and simultaneously the growth of revenues for each of the players also, during the forecast period.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
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