25 octobre 2019 | Local, Naval

The Global Naval Vessels And Surface Combatants Market 2019-2029

Summary The global naval vessels and surface combatants market is valued at US$36. 7 billion in 2019, and will grow at a CAGR of 1. 97%, to reach a value of US$44. 6 billion by 2029.

New York, Oct. 22, 2019 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "The Global Naval Vessels And Surface Combatants Market 2019-2029" - https://www.reportlinker.com/p02275942/?utm_source=GNW
The cumulative market for global naval vessels and surface combatants is anticipated to value US$429.8 billion over the forecast period. The demand for naval vessels is anticipated to be driven by high levels of expenditure by emerging economies in the Asia-Pacific region including India and China. The North American region supported by US Navy's multi-year procurement programs, is expected to maintain its leading position globally, exhibiting a steady pace of growth over the forecast period.

The global naval vessels and surface combatants market is expected to be led by North America with revenue share of 41.9%. Cumulatively, North America is projected to spend US$180.3 billion on naval vessels and surface combatants over the forecast period. In 2019, regional expenditure is expected to value US$15.1 billion and increase to US$19.0 billion by 2029, growing at a CAGR of 2.32%. Asia-Pacific will follow North America and is expected to account for 26.2% revenue share of the global naval vessels and surface combatants market over the forecast period.

Europe is anticipated to be the third-largest market globally with a revenue share of 22.2% over the forecast period, driven by the naval expansion and capability enhancement initiatives undertaken by various countries in the region. With a share of 5.5%, the market for naval vessels and surface combatants in the Middle East is projected to be the fourth largest globally.

Frigates is expected to be the largest segment in the naval vessels and surface combatants market during the forecast period. Driven by several high-value procurement programs worldwide including the US Navy's FFG(X) program, Canadian Navy's ‘Canadian Surface Combatant' program, Saudi Navy's Multi-Mission Surface Combatant program, Australian Navy's SEA 5000 (Hunter-class) program and French Navy's Intermediate Frigate (FTI) program among others; the Frigates segment is expected to account for a 28.7% revenue share of the total market over the forecast period.

Destroyers segment will follow Frigates segment with 19.6% market share. With 15.1% share, Amphibious Ships segment is anticipated to hold the third position in the global market. The growing demand for Amphibious Ships is primarily attributed to the ongoing initiatives of naval forces to develop relevant sealift capabilities. Light Combat Vessels and Corvettes segments to account for respective shares of 11.8% and 9.3%. Aircraft Carriers will account for a decent share of 8.6% over the next decade. The remaining share of 6.9% will be held by Auxiliary Vessels segment.

The report "The Global Naval Vessels And Surface Combatants Market 2019-2029", offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for naval vessels, key market trends, and challenges faced by industry participants.

In-depth analysis provides -
- Market size and drivers: detailed analysis during 2019-2029, including highlights of the demand drivers and growth stimulators.It also provides a snapshot of the spending and modernization patterns of different regions around the world
- Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of naval vessels and surface combatants segments around the world.

It also provides trends of the changing industry structure and the challenges faced by industry participants
- Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
- Major programs: details of the key programs in each segment, which are expected to be executed during 2019-2029
- Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives and financial analysis

Companies mentioned: General Dynamics, Huntington Ingalls Industries, Austal, Naval Group, Larsen & Toubro Limited (L&T), Lockheed Martin, Fincantieri SpA, BAE Systems, Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering Co., Ltd and Abu Dhabi Shipbuilding

Scope
- The global naval vessels and surface combatants market is expected to grow at a CAGR of 1.97% over the forecast period.
- The market consists of seven categories: frigates, destroyers, amphibious ships, light combat vessels, corvettes, aircraft carriers, and auxiliary vessels.
- North America will dominate the sector with a share of 26%, followed by Asia-Pacific and Europe. The frigates segment is expected to be the leading segment during the forecast period.

Reasons to buy
- Determine prospective investment areas based on a detailed trend analysis of the global naval vessels and surface combatants market over the next ten years
- Gain in-depth understanding about the underlying factors driving demand for different naval vessels and surface combatants segments in the top spending countries across the world and identify the opportunities offered by each of them
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
- Identify the major channels that are driving the global naval vessels and surface combatants market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global naval vessels and surface combatants market
- Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top naval vessels and surface combatants providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
Read the full report: https://www.reportlinker.com/p02275942/?utm_source=GNW

https://finance.yahoo.com/news/global-naval-vessels-surface-combatants-134956689.html

Sur le même sujet

  • Radarsat Constellation to track ships, provide surveillance over Arctic and other regions - satellites successfully launched

    13 juin 2019 | Local, Autre défense

    Radarsat Constellation to track ships, provide surveillance over Arctic and other regions - satellites successfully launched

    DAVID PUGLIESE Canada's RADARSAT Constellation Mission was launched successfully into space aboard a SpaceX Falcon 9 rocket this morning from Vandenberg Air Force Base in California. The constellation of three satellites will provide daily images of Canada's territory and maritime approaches, as well as images of the Arctic, up to four times a day, according to the Canadian Space Agency. It will have daily access to 90 per cent of the world's surface. The RCM is also equipped with an Automatic Identification System (AIS), allowing improved detection and tracking of ships, including those conducting illegal fishing, the CSA noted. The constellation will orbit Earth at an altitude of 600 km. Each of the satellites has a life expectancy of 7 years. The Canadian government owns and will operate the satellites. The three spacecraft were assembled in the Montreal area by the prime contractor MDA. https://ottawacitizen.com/news/national/defence-watch/radarsat-constellation-to-track-ships-provide-surveillance-over-arctic-and-other-regions

  • The navy is looking at deploying 'ghost fleets' — warships that don't need crews | CBC News

    14 mai 2024 | Local, Naval

    The navy is looking at deploying 'ghost fleets' — warships that don't need crews | CBC News

    The Canadian military is weighing how many and what kind of "optionally-crewed" warships it will need in the future as drone technology and artificial intelligence change the face of naval combat, says the commander of the navy.

  • Fighter jet RFP released

    24 juillet 2019 | Local, Aérospatial

    Fighter jet RFP released

    Posted on July 24, 2019 by Chris Thatcher A formal request for proposals (RFP) to replace the Royal Canadian Air Force (RCAF) fleet of CF-188 Hornets was released on July 23, launching the final phase of an intense competition for what will be the largest acquisition in recent Air Force history. The much-anticipated RFP had been expected in May, but was pushed back several months to allow procurement officials to asses changes to a draft version requested by several of the likely bidders. Valued at up to $19 billion, the future fighter project is seeking proposals for 88 advanced aircraft to replace an RCAF fleet of 76 Hornets that began entering service in the mid-1980s. Four suppliers have been qualified to submit bids: Sweden's Saab Aeronautics with the Gripen E; Airbus Defense and Space, under the United Kingdom and Northern Ireland, with the Eurofighter Typhoon; Boeing with the F/A-18 Super Hornet; and Lockheed Martin with the F-35A Lightning II Joint Strike Fighter. The latter two both have the support of the United States government. Proposals must be submitted by spring 2020–no date was provided in the government press release–but bidders will have at least two opportunities to confirm critical elements of their submission meet Canada's security and interoperability requirements. During industry engagements over the past two years, senior officers with the Fighter Capability Office have stressed the importance of Two Eyes (Canada-U.S.) and Five Eyes (Canada, U.S., United Kingdom, Australia and New Zealand) interoperability. The fighter fleet is integral to both Canadian sovereignty and U.S. defence through the NORAD mission. French manufacturer Dassault Aviation withdrew from the competition in November 2018, citing the Two Eyes requirements as a restricting factor to any proposal. Bidders can provide their security offer for feedback by fall 2019, and then revise. They will also have an opportunity after the full proposals are delivered to address deficiencies “related to mandatory criteria,” Public Services and Procurement Canada (PSPC) said in a statement. “[Bidders] will receive feedback from Canada so that they can address non-compliance. This approach has already been used for other large federal procurements and has proven to be successful in maintaining a high level of competition.” Though technical capability will account for 60 per cent of the evaluation, economic benefit to Canada will be worth 20 per cent, the highest weighting for economic return on any procurement to date. The final 20 per cent will be attributed to overall program cost. One reason for the delayed RFP was concern raised by Lockheed Martin over how the government's Industrial and Technological Benefits (ITB) policy would apply. Though 110 Canadian companies have received around US$1.5 billion in contracts for the F-35 program to date, the company is unable to offer the type of industrial offsets required by the ITB policy and believed it would be at a disadvantage. The government was reminded that, as a signatory of the Joint Strike Fighter Production, Sustainment and Follow-on Development Memorandum of Understanding in 2006, it had agreed not to impose “work sharing or other industrial or commercial compensation ... that is not in accordance with the MOU.” Carla Qualtrough, minister of Public Services and Procurement and Accessibility, told defence executives at a trade show in May that changes had been made to the statement of requirements that would “ensure a level playing field” while “maintaining our government's policy objectives. “Every bid must still include a plan for ITBs equal to 100 per cent or more of the contract value. That doesn't change,” she said. “This procurement is a generational opportunity for the Canadian aerospace industry that will generate good middle-class jobs across the country. What will change is that it will be up to each supplier to decide whether they will also provide a contractual obligation for their ITBs.” Bidders will score higher if their ITB plan is backed with a contractual obligation, added Qualtrough. “This is a complex process. As complex as any the federal government has ever conducted. The field is comprised of very different entities – and dynamics. Conducting a truly open and fair competition among them is indeed a challenge,” she said. Mitch Davies, a senior assistant deputy minister at Innovation, Science and Economic Development Canada, told CBC on July 23 that the ITB requirement had been structured so that companies could “make a compliant ITB offer that suits their circumstances,” but that Lockheed Martin could still be penalized for failure to meet certain contractual commitments. The competition is being monitored by an independent fairness monitor. In public statements, Lockheed Martin said it looks forward to participating in the competition, while other companies said they will review the RFP documents. The U.S. Air Force has been touring the F-35 in Canada this summer; it performed at the Bagotville Airshow in June and will be at the Ottawa-Gatineau airshow in early September. A spokesperson told Skies the fighter is “the most survivable aircraft and a generational leap ahead of any other fighter in production today. From a cost perspective, we've reduced production cost below $80 million,” which would be on par, if not below, other legacy aircraft. Over 400 aircraft have now been built, accumulating 200,000 flight hours. When the government re-launched the Future Fighter Capability project in late 2017, it also said the eventual evaluation would include an assessment of a bidder's “impact on Canada's economic interests,” a clause directed at Boeing for its then trade complaint against Montreal-based Bombardier. With the trade complaint since dismissed by U.S. International Trade Commission, Jim Barnes, Boeing's team lead for the Canada, told Skies in May the clause would not have “an impact on our competitiveness.” Boeing will likely bid the Block 3 variant of the Super Hornet, “the next evolution” that features advanced networking and data processing capabilities in a distributed targeting processor network with cockpit touch panel displays, and in an airframe that has been enhanced from 6,000 to 10,000 flight hours. “The baseline Super Hornet attributes, with the capability increases of the Block 3, is an ideally suited aircraft for NORAD and NATO operations,” said Barnes. “At this point in time, we think we have a very compelling offer to put on the table.” That offer could be bolstered by the continued interest in the aircraft by the U.S. Navy. Boeing has signed a multi-year contract for 110 Block 3 aircraft out to 2026, and is expected to convert as many as 442 Block 2 variants to the Block 3 configuration by 2033. “It is the perfect time for an international customer to procure the Super Hornet,” he said, noting that the ongoing U.S. Navy program will help maintain acquisition and lifecycle costs. Airbus Defence & Space has said from start of the competition that it would decide whether to submit a proposal once the final statement of requirements in the RFP was released. The Typhoon serves in a similar role to NORAD duty with the Royal Air Force, and has participated in numerous missions with U.S. aircraft. It is unclear how easily it could be incorporated into NORAD mission systems. However, Airbus has continued to strengthen its position in Canada, winning the fixed-wing search and rescue aircraft competition in 2016 and partnering with Bombardier on the C Series, now known as the Airbus A220. It now calls Canada it's fifth home country. “We are proud of our history as a longstanding partner to Canada, serving the country's aerospace priorities for over three decades. We welcome the new opportunities to support the Canadian Armed Forces, to provide skilled aerospace jobs across our country and to help safeguard Canadian sovereignty,” Simon Jacques, president of Airbus Defence and Space Canada, told CBC. While the Gripen E might be the dark horse in the competition, Patrick Palmer, Saab Canada's executive vice-president, told defence reporters in May the aircraft was designed to be easily upgradeable as technology changes–the avionics software is split so that flight-critical and tactical modules can be upgraded separately “without having to have a full aircraft recertified.” The jet has also evolved to ensure NATO interoperability and meet “the threats beyond 2025 – the threats we know today, the threats we don't know today ... in any contested airspace environment,” he said. More important for the NORAD mission, the Gripen was designed from the outset for Arctic operations, requiring minimal ground crew support and featuring the ability to operate from austere airstrips. PSPC expects to award a contract in 2022. The first aircraft will be delivered starting in 2025. https://www.skiesmag.com/news/fighter-jet-rfp-released/

Toutes les nouvelles