Naval Combat Weapon Trends and Forecast
The future of the global naval combat weapon market looks promising with opportunities in the small patrol boats, large aircraft carriers, and submarines markets. The global naval combat weapon market is expected to grow a CAGR of 3.5% from 2024 to 2030. The major drivers for this market are growing investments in cutting-edge technologies made by producers of naval combat weapons, ,rising tensions and territorial disputes, as well as, rising number of new submarines are being purchased, and naval capabilities are being improved.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Naval Combat Weapon by Segment
The study includes a forecast for the global naval combat weapon by platform type, application, and region.
Naval Combat Weapon Market by Platform Type [Shipment Analysis by Value from 2018 to 2030]:
• Underwater-Based Naval Combat Weapons
• Surface-Based Combat Weapons
Naval Combat Weapon Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Small Patrol Boats
• Large Aircraft Carriers
• Submarines
Naval Combat Weapon Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Naval Combat Weapon Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies naval combat weapon companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the naval combat weapon companies profiled in this report include-
• Terma
• Leonardo
• Thales Corporation
• L3 Harris Corporation
• General Dynamics Corporation
• SAAB
• Elbit Systems
• Kongsberg Gruppen
• Raytheon Corporation
• Lockheed Martin Corporation
Naval Combat Weapon Market Insights
Lucintel forecasts that underwater-based naval combat weapons is expected to witness the higher growth over the forecast period.
Within this market, submarines will remain the largest segment due to enlarging the navy and updating the current submarine fleet.
APAC is expected to witness highest growth over the forecast period due to increase investment in defence in this region.
Features of the Global Naval Combat Weapon Market
Market Size Estimates: Naval combat weapon market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Naval combat weapon market size by platform type, application, and region in terms of value ($B).
Regional Analysis: Naval combat weapon market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different platform type, application, and regions for the naval combat weapon market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the naval combat weapon market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the naval combat weapon market size?
Answer: The global naval combat weapon market is expected to reach an estimated $ billion by 2030.
Q2. What is the growth forecast for naval combat weapon market?
Answer: The global naval combat weapon market is expected to grow with a CAGR of 3.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the naval combat weapon market?
Answer: The major drivers for this market are growing investments in cutting-edge technologies made by producers of naval combat weapons, ,rising tensions and territorial disputes, as well as, rising number of new submarines are being purchased, and naval capabilities are being improved.
Q4. What are the major segments for naval combat weapon market?
Answer: The future of the global naval combat weapon market looks promising with opportunities in the small patrol boats, large aircraft carriers, and submarines markets.
Q5. Who are the key naval combat weapon market companies?
Answer: Some of the key naval combat weapon companies are as follows:
• Terma
• Leonardo
• Thales Corporation
• L3 Harris Corporation
• General Dynamics Corporation
• SAAB
• Elbit Systems
• Kongsberg Gruppen
• Raytheon Corporation
• Lockheed Martin Corporation
Q6. Which naval combat weapon market segment will be the largest in future?
Answer: Lucintel forecasts that underwater-based naval combat weapons is expected to witness the higher growth over the forecast period.
Q7. In naval combat weapon market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to increase investment in defence in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the naval combat weapon market by platform type (underwater-based naval combat weapons and surface-based combat weapons), application (small patrol boats, large aircraft carriers, and submarines), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Naval Combat Weapon Market, Naval Combat Weapon Market Size, Naval Combat Weapon Market Growth, Naval Combat Weapon Market Analysis, Naval Combat Weapon Market Report, Naval Combat Weapon Market Share, Naval Combat Weapon Market Trends, Naval Combat Weapon Market Forecast, Naval Combat Weapon Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.