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The global naval vessels and surface combatants market is estimated to value US$35.9 billion in 2015, and will increase at a CAGR of 2.79% during the forecast period, to reach US$47.2 billion by 2025. The market consists of five categories of surface combatants: corvettes, frigates, destroyers, amphibious ships
Reasons To Buy
"The Global Naval Vessels and Surface Combatants Market 2015-2025 - Market Size and Drivers: Market Profile" allows you to:
- Gain insight into the Naval Vessels and Surface Combatants market with current and forecast market values.
- Understand the key drivers and attractiveness parameters of the global Naval Vessels and Surface Combatants market.
- Understand the various factors impacting the growth of the Naval Vessels and Surface Combatants market.
Table of Contents
1.1 What is this Report About?
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence
2 Global Naval Vessels and Surface Combatants Market Size and Drivers
2.1 Naval Surface Combatants Market Size and Forecast 2015-2025
2.1.1 Global naval surface combatants market expected to witness a marginal increase
2.2 Global Naval Vessels and Surface Combatants Market - Regional Analysis
2.2.1 North America is expected to lead the global naval vessels and surface combatants market
2.2.2 US spending on naval fleet replacement to aid the global naval vessels and surface combatants market during the forecast period
2.2.3 Naval vessels and surface combatant market expected to grow at a CAGR of 3.77% in the Asia-Pacific region
2.2.4 European naval vessels market to register a decline owing to defense budget cuts
2.2.5 Naval force modernization and safety of sea routes to drive demand in Middle East
2.2.6 Latin America to be the fastest growing market for the Naval Surface combatants over the forecast period
2.2.7 African naval vessels market to register a marginal increase over the forecast period
2.3 Naval Vessels and Surface Combatants Sub-Sector Market Size Composition
2.3.1 Corvettes and destroyers to account for 52.3% of the market during the forecast period
2.3.2 Corvettes to account for highest share of the market
2.3.3 Destroyers market to experience marginal growth
2.3.4 Frigates market to witness a marginal increase during the forecast period
2.3.5 Aircraft carrier market to grow at a CAGR of 2.01%
2.3.6 Market for amphibious ships to register a CAGR of 7.02%
2.4 Demand Drivers and Growth Stimulators
2.4.1 Maritime security threats to drive investment on naval vessels
2.4.2 Regional tensions, conflicting territorial claims and peacekeeping operations to fuel global demand
2.4.3 Naval force modernization to drive demand for naval vessels over the forecast period
2.5 Defense Budget Spending Review
2.5.1 North American defense expenditure projected to increase marginally during the forecast period
2.5.2 Asian defense budgets expected to increase at a robust pace
2.5.3 European capital expenditure expected to increase during the forecast period
2.5.4 Defense budgets of Middle Eastern countries likely to increase during the forecast period
2.5.5 Modernization programs likely to drive defense expenditure in South American countries
2.5.6 Military budgets of African countries expected to increase during the forecast period
2.6 Defense Modernization Review
2.6.1 Financial constraints causing delays in European defense modernization programs
2.6.2 Defense budgets of Asian countries likely to be driven by competitive arms acquisitions
2.6.3 Need to replace aging equipment driving South American defense expenditure
2.6.4 Security threats increasing the defense budget of African countries
2.6.5 Middle Eastern countries maintain sustained expenditure on the naval vessels domain
3.2 About SDI
List of Tables
Table 1: Global Naval Vessels and Surface Combatants Market Overview
Table 2: Global Naval Vessels and Surface Combatants Market Overview
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