Global Naval Vessel MRO Market Size, Analysis by Manufacturers, Key Regions, Types and Application- Forecast 2025

Albany, US, 2018-Jun-26 — /EPR Network/ —The market for Naval Vessel MRO Market is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global Naval Vessel MRO Market Size, Status and Forecast 2025” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the Naval Vessel MRO Market is highlighted in the report which indicates a prosperous future.

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This report studies the global Naval Vessel MRO market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Naval Vessel MRO market by companies, region, type and end-use industry.

Naval vessels are differentiated from civilian ships by their design and purpose. Such ships are damage resilient and armed. Naval vessels MRO is crucial for sustaining and extending the life of a vessel. It comprises maintenance, overhauls, routine checks, inspections, repairs, and modifications carried out on a vessel and their components. MRO services assure the safety and airworthiness of naval vessels. At present, the market of Naval Vessel MRO is concentrated in the coastal countries and regions. North America, Europe and Asia Pacific are the main regions. North America is the largest area in the world, which occupied about 35.70% in 2016. The second large area is Asia Pacific, accounting for 31.68%. The global leading players in this market are BAE Systems, General Dynamics, Huntington Ingalls Industries, Northrop Grumman, Lockheed Martin, Raytheon, URS Corporation, Saab and Elbit Systems. The top 5 players occupied about half of the market.

The Naval Vessel MRO split to three segments by vessel type: Surface Warship, Submarines and Support vessels. Surface Warship dominated the market with a market share of 57.50% in 2016.
In 2017, the global Naval Vessel MRO market size was 8300 million US$ and it is expected to reach 16400 million US$ by the end of 2025, with a CAGR of 8.9% during 2018-2025.

This report focuses on the global top players, covered
BAE Systems
General Dynamics
Huntington Ingalls Industries
Northrop Grumman
Lockheed Martin
Raytheon
URS Corporation
Saab

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India

Market segment by Type, the product can be split into
Engine MRO
Dry Dock MRO
Regular Maintenance MRO
Component MRO

Market segment by Application, split into
Surface Warship
Submarines
Support Vessels

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Table of Contents

1 Industry Overview of Naval Vessel MRO
1.1 Naval Vessel MRO Market Overview
1.1.1 Naval Vessel MRO Product Scope
1.1.2 Market Status and Outlook
1.2 Global Naval Vessel MRO Market Size and Analysis by Regions (2013-2018)
1.2.1 United States
1.2.2 Europe
1.2.3 China
1.2.4 Japan
1.2.5 Southeast Asia
1.2.6 India
1.3 Naval Vessel MRO Market by Type
1.3.1 Engine MRO
1.3.2 Dry Dock MRO
1.3.3 Regular Maintenance MRO
1.3.4 Component MRO
1.4 Naval Vessel MRO Market by End Users/Application
1.4.1 Surface Warship
1.4.2 Submarines
1.4.3 Support Vessels

2 Global Naval Vessel MRO Competition Analysis by Players
2.1 Naval Vessel MRO Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles
3.1 BAE Systems
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Naval Vessel MRO Revenue (Million USD) (2013-2018)
3.2 General Dynamics
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Naval Vessel MRO Revenue (Million USD) (2013-2018)
3.3 Huntington Ingalls Industries
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Naval Vessel MRO Revenue (Million USD) (2013-2018)
3.4 Northrop Grumman
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Naval Vessel MRO Revenue (Million USD) (2013-2018)
3.5 Lockheed Martin
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Naval Vessel MRO Revenue (Million USD) (2013-2018)

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