Worldwide Naval Vessels MRO Market Examined in New iCD Research and SDI Study Available at MarketPublishers.com

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New study “The Global Naval Vessels MRO Market 2012–2022” created by iCD Research and Strategic Defence Intelligence (SDI) has been recently published by Market Publishers Ltd.

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The naval vessels MRO market value is expected to increase at a CAGR of 9.68% during 2012-2022, driven by ageing naval vessels globally, technological innovations in the industry, internal and external security threats, territorial disputes and modernization initiatives undertaken by navies across the world.

Despite budget cuts, North America, followed by the Asia Pacific and Europe, is expected to account for the largest share of the total global expenditure on naval vessels MRO, with 73% share during the forecast period. High demand in the region is primarily driven by the region’s modernization programs and the overseas war against global terrorism. Europe’s share of the global market is projected to increase during the forecast period, albeit marginally due to the scheduled deployment of various modernization programs which had been initiated in previous years.

New study “The Global Naval Vessels MRO Market 2012–2022” created by iCD Research and Strategic Defence Intelligence (SDI) has been recently published by Market Publishers Ltd.

Report Details:

Title: The Global Naval Vessels MRO Market 2012–2022
Published: August, 2012
Pages: 155
Price: US$ 4,800.00
http://marketpublishers.com/report/industry/other_industries/global_naval_vessels_mro_market_20122022.html
The market research report offers extensive analysis of the worldwide naval vessels MRO industry over the next ten years. It provides a detailed review of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the top companies operating in the marketplace, as well as key news.

Companies mentioned include: Lockheed Martin, BAE Systems, SAIC, Northrop Grumman, General Dynamics, Elbit Systems, Abu Dhabi Ship Building, Kongsberg, Saab, Huntington Ingalls Industries, Teledyne Brown Engineering, DCNS, Babcock International Group, and URS Corporation.
Report Contents:

1 Introduction

1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence (http://www.strategicdefenceintelligence.com)

2 Executive Summary

3 Global Naval Vessels MRO Market Size and Drivers

3.1 Naval Vessels MRO Market Size and Forecast 2012–2022
3.1.1 Global naval vessels MRO market to show positive growth during the forecast period
3.2 Global naval vessels MRO Market – Regional Analysis
3.2.1 North America dominates the global naval vessels MRO market
3.2.2 Demand for Destroyer MRO in the US to support the global naval vessels MRO market
3.2.3 Naval Vessels MRO market to be robust in Europe due to planned budget cuts
3.2.4 The naval vessels MRO market in the Asia-Pacific to be driven by spending in China, India and Australia
3.2.5 Naval Vessels MRO market in the Middle East to increase during the forecast period
3.2.6 Brazil expected to be the highest spender in the Naval Vessels MRO sector in the Latin American region
3.2.7 Markets in Africa expected to increase over the forecast period
3.3 Naval Vessels MRO Sub–Sector Market Size Composition
3.3.1 Destroyers MRO segment expected to attract maximum expenditure during the forecast period
3.3.2 Market for Frigates MRO to account for the second largest segment in this sector
3.3.3 Submarines MRO to account for the third largest segment in this sector
3.4 Demand Drivers and Growth Stimulators
3.4.1 Demand for naval vessels to be equipped with C4ISR systems
3.4.2 Technological innovations driving the naval vessels MRO market
3.5 Defense Budget Spending Review
3.5.1 European capital expenditure expected to increase during the forecast period
3.5.2 Asian defense budgets expected to increase at a robust pace
3.5.3 North American defense expenditure projected to decline marginally during the forecast period
3.5.4 Modernization programs likely to drive defense expenditure in South American countries
3.5.5 Military budgets of African countries expected to increase during the forecast period
3.5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period
3.6 Defense Modernization Review
3.6.1 Financial constraints causing delays in European defense modernization programs
3.6.2 Defense budgets of Asian countries likely to be driven by competitive arms acquisitions
3.6.3 Global economic slowdown leading to defense budget cuts in the North American region
3.6.4 Need to replace aging equipment driving South American defense expenditure
3.6.5 Security threats increasing the defense budget of African countries
3.6.6 Demand for air defense systems is likely to increase in the Middle East

4 Industry Trends, Recent Developments and Challenges

4.1 Technological Developments
4.1.1 Mature Air Independent Propulsion systems seen as a must have capability
4.1.2 Size and capability of naval surface combatants driving demand for hybrid electric propulsion systems
4.1.3 Increased use of stealth technology expected in naval warships
4.2 Market Trends
4.2.1 Countries looking to install ballistic missile defense capabilities in their naval warships
4.2.2 Navies outsourcing MRO work to decrease response time
4.2.3 Aluminium replacing steel as the preferred material in naval applications
4.3 Industry Consolidation
4.3.1 Joint programs expected to increase over the forecast period
4.3.2 Companies are expected to consolidate in the face of global defense budget cuts
4.4 Key Challenges
4.4.1 High taxes hamper indigenous growth in some countries
4.4.2 Controlling upgrade costs for C4ISR systems
...

More new studies by the publisher can be found at iCD Research page.

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