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Global Naval Combat Systems Market is valued at approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.00 % over the forecast period 2021-2027. Naval Combat System is an integrated combat system that combines on-board weapons and sensors into one single system. Increase in sea trials, increasing naval exercises have led to the adoption of Naval Combat Systems across the forecast period. For Instance: as per the Ministry of Defence in August 2021, India started conducting sea trials on its first indigenous aircraft carrier INS Vikrant. Currently, the country is engaged in the indigenous development and manufacturing of 44 other ships and submarines. Also, with the increasing conflicts between the nations, the adoption & demand for Naval Combat Systems is likely to increase the market growth during the forecast period. However, high manufacturing costs impede the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Naval Combat Systems market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the presence of dominant players in this region. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as rising conflicts between nations, presence of Indo-Pacific strategic advantage would create lucrative growth prospects for the Naval Combat Systems market across Asia-Pacific region.
Major market players included in this report are:
Kongsberg Gruppen ASA
BAE Systems PLC
Lockheed Martin Corporation
Raytheon Technologies Corporation
Thales Group
General Dynamics Corporation
Saab AB
L3Harris Technologies Inc.
Northrop Grumman Corporation
Safran SA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Weapon Systems
Electronic Warfare
C4ISR
By Platform:
Aircraft Carrier
Destroyers
Frigates
Corvettes
Submarine
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Naval Combat Systems Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Global Naval Combat Systems Market, by Region, 2019-2027 (USD Billion)
1.2.2. Global Naval Combat Systems Market, by Type, 2019-2027 (USD Billion)
1.2.3. Global Naval Combat Systems Market, by Platform, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Naval Combat Systems Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Naval Combat Systems Market Dynamics
3.1. Naval Combat Systems Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increase in sea trials
3.1.1.2. Increasing naval exercises
3.1.2. Market Challenges
3.1.2.1. High costs
3.1.3. Market Opportunities
3.1.3.1. Conflicts between the nations
Chapter 4. Global Naval Combat Systems Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Naval Combat Systems Market, by Type
6.1. Market Snapshot
6.2. Global Naval Combat Systems Market by Type, Performance – Potential Analysis
6.3. Global Naval Combat Systems Market Estimates & Forecasts by Type, 2018-2027 (USD Billion)
6.4. Naval Combat Systems Market, Sub Segment Analysis
6.4.1. Weapon Systems
6.4.2. Electronic Warfare
6.4.3. C4ISR
Chapter 7. Global Naval Combat Systems Market, by Platform
7.1. Market Snapshot
7.2. Global Naval Combat Systems Market by Platform, Performance – Potential Analysis
7.3. Global Naval Combat Systems Market Estimates & Forecasts by Platform, 2018-2027 (USD Billion)
7.4. Naval Combat Systems Market, Sub Segment Analysis
7.4.1. Aircraft Carrier
7.4.2. Destroyers
7.4.3. Frigates
7.4.4. Corvettes
7.4.5. Submarine
7.4.6. Others
Chapter 8. Global Naval Combat Systems Market, Regional Analysis
8.1. Naval Combat Systems Market, Regional Market Snapshot
8.2. North America Naval Combat Systems Market
8.2.1. U.S. Naval Combat Systems Market
8.2.1.1. Type breakdown estimates & forecasts, 2018-2027
8.2.1.2. Platform breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Naval Combat Systems Market
8.3. Europe Naval Combat Systems Market Snapshot
8.3.1. U.K. Naval Combat Systems Market
8.3.2. Germany Naval Combat Systems Market
8.3.3. France Naval Combat Systems Market
8.3.4. Spain Naval Combat Systems Market
8.3.5. Italy Naval Combat Systems Market
8.3.6. Rest of Europe Naval Combat Systems Market
8.4. Asia-Pacific Naval Combat Systems Market Snapshot
8.4.1. China Naval Combat Systems Market
8.4.2. India Naval Combat Systems Market
8.4.3. Japan Naval Combat Systems Market
8.4.4. Australia Naval Combat Systems Market
8.4.5. South Korea Naval Combat Systems Market
8.4.6. Rest of Asia Pacific Naval Combat Systems Market
8.5. Latin America Naval Combat Systems Market Snapshot
8.5.1. Brazil Naval Combat Systems Market
8.5.2. Mexico Naval Combat Systems Market
8.6. Rest of The World Naval Combat Systems Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Kongsberg Gruppen ASA
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. BAE Systems PLC
9.2.3. Lockheed Martin Corporation
9.2.4. Raytheon Technologies Corporation
9.2.5. Thales Group
9.2.6. General Dynamics Corporation
9.2.7. Saab AB
9.2.8. L3Harris Technologies Inc.
9.2.9. Northrop Grumman Corporation
9.2.10. Safran SA
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.
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