Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 35 billion

CAGR (2023-2028)

5.39%

Fastest Growing Segment

Electronic Warfare

Largest Market

Asia-Pacific


Market Overview

Global Naval Combat Systems Market has valued at USD 35 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.39% through 2028. The demand for new naval vessels as a result of the planned and current fleet modernization plans of the international armed forces is what drives the market for naval combat systems. The navies have recently significantly boosted their investments in the creation and installation of directed energy weapons on board the naval ships. During the projection period, it is anticipated that the trend of installing laser weapon systems will hasten market expansion. However, some of the factors that limit the expansion of the target market during the projection period include the inherent capital-intensive nature of the industry due to the related high cost of R&D and the recent disruption in the global supply chain caused by COVID-19.

Key Market Drivers

Modernization and Recapitalization of Naval Fleets

One of the foremost market drivers of the Global Naval Combat Systems Market is the urgent need for modernization and recapitalization of naval fleets across the world. Many countries with significant maritime interests are faced with aging naval vessels and combat systems that have reached the end of their operational lifespans. As a result, nations are embarking on ambitious naval modernization programs to upgrade their capabilities and maintain a competitive edge in the maritime domain. Many naval fleets are equipped with vessels and systems that have been in service for several decades, making them technologically outdated and operationally less effective. The evolving nature of maritime security challenges, including the proliferation of advanced naval forces and asymmetric threats, necessitates the development of modern combat systems capable of addressing new threats. Rapid technological progress has enabled the development of more capable sensors, weapons, communication systems, and platforms that can significantly enhance naval capabilities. The modernization of naval fleets is aimed at improving operational effectiveness, response times, and the ability to project power in the maritime domain. Modern naval combat systems are designed to improve the survivability of naval vessels through advanced anti-air, anti-surface, and anti-submarine warfare capabilities. The modernization and recapitalization of naval fleets have a profound impact on the Global Naval Combat Systems Market, driving the demand for a wide range of systems, including combat management systems, sensors, weapon systems, and communications equipment. These efforts represent a significant driver for the market, stimulating innovation and investment in naval technologies.

Geopolitical Tensions and Maritime Security Concerns

Geopolitical tensions and maritime security concerns are key drivers shaping the Global Naval Combat Systems Market. As countries seek to protect their territorial waters, exclusive economic zones (EEZs), and maritime interests, there is a growing emphasis on enhancing naval capabilities to deter potential adversaries and assert control over strategically important regions. Geopolitical tensions often revolve around territorial disputes and conflicting claims in the South China Sea, the Black Sea, and other regions, intensifying the need for naval presence. The defense of freedom of navigation and the protection of global maritime trade routes, such as the Strait of Hormuz and the South China Sea, are crucial security concerns. Maritime security concerns extend to the threat of piracy, terrorism, drug trafficking, and other asymmetric threats, prompting nations to invest in naval capabilities for counter-piracy and coastal defense operations. Many countries view maritime security as essential for safeguarding their national sovereignty and resources, particularly in areas rich in oil, natural gas, and fisheries. Nations form partnerships and alliances to enhance collective maritime security, requiring interoperable naval combat systems and joint exercises. Geopolitical tensions and maritime security concerns drive the demand for naval combat systems that are capable of safeguarding national interests, deterring adversaries, and responding to maritime threats. This driver prompts nations to invest in modern naval capabilities and develop a robust naval presence.

Emerging Naval Technologies and Innovations

The continuous development of emerging naval technologies and innovations is a significant driver of the Global Naval Combat Systems Market. Advancements in areas such as artificial intelligence, autonomous systems, directed energy weapons, and stealth technologies are revolutionizing naval warfare and shaping the future of naval combat systems. AI and machine learning enable advanced data analysis, predictive maintenance, and autonomous operations, enhancing the effectiveness and efficiency of naval vessels. The proliferation of unmanned surface vessels (USVs) unmanned underwater vehicles (UUVs), and unmanned aerial vehicles (UAVs) extends the reach and capabilities of naval forces. High-energy lasers (HEL) and radiofrequency (RF) weapons offer rapid and precise engagement of threats, reducing the reliance on conventional ammunition. Advancements in stealth technologies are making naval vessels more difficult to detect and track, enhancing survivability in modern naval warfare. The protection of naval systems against cyber threats and the integration of electronic warfare capabilities are critical in maintaining operational security. These emerging naval technologies drive research, development, and innovation in the Global Naval Combat Systems Market. Nations invest in these technologies to maintain a technological edge and stay competitive in the evolving maritime security landscape.

Regional Naval Expansion and Naval Buildups

Regional naval expansion and naval buildups are potent drivers of the Global Naval Combat Systems Market, as nations seek to assert their maritime influence and protect their interests. Many countries, particularly in the Asia-Pacific region, are investing heavily in naval capabilities to bolster their presence and project power. Countries such as China, India, and Russia are undertaking extensive naval buildup programs, including the construction of new vessels and the procurement of advanced naval combat systems. The growing maritime rivalries in the South China Sea and the Indo-Pacific region have led to increased naval investment and competition among nations. Nations are focusing on the development of strategic maritime hubs and naval bases to secure their regional influence and protect key maritime routes. Naval combat systems are being developed to create robust coastal defense systems and A2/AD capabilities, particularly in regions with strategic importance. Regional naval powers often engage in cooperative naval exercises and partnerships to bolster their naval presence and deter potential adversaries. The regional naval expansion and buildups are driving significant procurement and development activities in the Global Naval Combat Systems Market, creating opportunities for industry players. Nations invest in naval combat systems to assert their maritime influence and project power in strategically important regions.

Shifting Naval Doctrine and Multi-Domain Operations

Naval doctrine and the adoption of multi-domain operations represent a dynamic driver of the Global Naval Combat Systems Market. The shift toward integrated naval capabilities and joint operations across multiple domains, including land, air, sea, space, and cyberspace, is shaping the requirements for naval combat systems. The adoption of multi-domain operations requires naval combat systems to seamlessly integrate with other military branches and domains, emphasizing jointness and interoperability.

 

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Key Market Challenges

Evolving Threat Landscape and Asymmetric Warfare

The evolving threat landscape, including the proliferation of advanced naval forces and the adoption of asymmetric tactics, poses a substantial challenge to the Global Naval Combat Systems Market. Modern naval forces must contend with a wide range of threats, from traditional maritime powers with advanced naval capabilities to non-state actors employing unconventional methods to disrupt maritime security. Asymmetric warfare tactics include piracy, terrorism, and cyberattacks, which necessitate a flexible response from naval forces and, in turn, drive the demand for adaptable and versatile combat systems. Piracy and maritime terrorism continue to pose threats to commercial shipping and naval forces, especially in regions with weak governance. The proliferation of drones and unmanned systems has expanded the range and versatility of potential threats, including aerial surveillance, swarm attacks, and intelligence gathering. Electronic warfare and cyberattacks are used to disrupt naval communication, navigation, and weapon systems, demanding robust cybersecurity measures and countermeasures. Adversaries may employ a combination of conventional and unconventional tactics, blending cyberattacks, electronic warfare, and naval operations, challenging naval forces to respond effectively. To address these evolving threats, the Global Naval Combat Systems Market must develop and provide naval forces with integrated combat systems capable of countering a wide range of challenges. These systems need to combine traditional naval capabilities with the flexibility and adaptability to counter asymmetric threats and maintain maritime security effectively.

Budgetary Constraints and Cost Overruns

Budgetary constraints and cost overruns are substantial challenges affecting the Global Naval Combat Systems Market. Modern naval vessels are equipped with increasingly advanced and sophisticated combat systems, making naval procurement expensive. Moreover, cost overruns and delays in the development of naval platforms and systems are common, straining defense budgets and impacting the capacity to maintain or expand naval fleets. To overcome these budgetary challenges, there is a growing need for cost-effective solutions and improved project management practices. Modern naval combat systems, such as sensors, weapon systems, and communications equipment, are expensive to procure, maintain, and upgrade. The complexity of naval platform development, system integration, and technology insertion often results in delays and budget overruns. The costs associated with maintaining and operating naval vessels and combat systems are a continuous financial burden on defense budgets. Funding innovation, research, and development for the next generation of naval combat systems is essential, requiring substantial financial resources. Prioritizing and allocating resources for naval combat systems within defense budgets is a delicate balancing act. To address budgetary constraints and cost overruns, industry and naval forces must collaborate to develop cost-effective solutions and ensure efficient project management practices. This includes embracing innovative contracting models, promoting competition among suppliers, and investing in technologies that offer both advanced capabilities and cost savings in the long term.

Rapid Technological Advancements and System Integration

Rapid technological advancements in sensors, artificial intelligence, and combat system integration create both opportunities and challenges for the Global Naval Combat Systems Market. While technological innovation can significantly enhance naval capabilities, the integration of new technologies into existing naval platforms and systems can be complex and expensive. The challenge lies in maintaining interoperability among naval systems and enabling the seamless communication of data across the naval force. Advances in sensor technology have led to the proliferation of data sources and information, requiring the development of data management and fusion capabilities to maximize their potential. AI and machine learning can revolutionize naval operations but demand robust infrastructure for data analysis and decision support. Integrating sensors, combat systems, and communications networks to create a comprehensive Common Operational Picture (COP) is complex and necessitates sophisticated integration capabilities. Ensuring interoperability among naval vessels and systems from different manufacturers and time periods is essential for joint operations and maintaining a unified force. The integration of advanced technologies introduces new cybersecurity challenges, requiring robust measures to protect against threats and vulnerabilities. The challenge lies in harnessing the full potential of technological advancements while navigating the complexities of integration. Industry players and naval forces must work collaboratively to create integrated solutions that maximize the capabilities of naval combat systems while preserving compatibility and interoperability across the fleet.

Key Market Trends

Integration of Advanced Sensors and Electronics

A prominent trend in the Global Naval Combat Systems Market is the integration of advanced sensors and electronics into naval vessels. Modern naval combat systems rely heavily on the seamless fusion of data from various sensors, including radars, sonars, electro-optical sensors, and electronic warfare systems. These systems collect, process, and analyze data in real time to enhance situational awareness and enable rapid decision-making. Modern naval vessels are equipped with multi-function radars that provide 360-degree coverage and versatile capabilities. These radars offer target detection, tracking, and fire control functions, reducing the need for separate systems. Sonar systems are continuously evolving, with improved capabilities for submarine detection, underwater threat tracking, and mine avoidance. The integration of advanced sonar arrays enhances anti-submarine warfare capabilities. Electronic warfare systems have become more sophisticated, offering electronic support measures (ESM) and electronic countermeasures (ECM). These systems help in threat detection, identification, and deception, contributing to survivability and mission success. The integration of unmanned systems, such as drones and underwater autonomous vehicles, provides extended surveillance and reconnaissance capabilities while reducing the risk to manned vessels. Data fusion technologies are at the core of modern naval combat systems, enabling the integration of data from various sensors into a comprehensive Common Operational Picture (COP). The COP enhances Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4ISR) capabilities, enabling more effective decision-making. The integration of advanced sensors and electronics contributes to enhanced maritime domain awareness, enabling naval vessels to detect and respond to threats more effectively. These technologies also improve the ability to engage targets with precision, minimizing the risk to friendly forces.

Automation and Unmanned Systems

Automation and the use of unmanned systems are increasingly prevalent trends in the Global Naval Combat Systems Market. Automation streamlines operations, reduces crew workload, and improves vessel performance, while unmanned systems extend the reach of naval forces and enhance mission flexibility. Naval combat systems are becoming more automated, allowing for quicker target engagement, fire control, and decision-making. Automation reduces crew workload and enhances the accuracy of weapon systems. Unmanned surface vessels are employed for a range of missions, including mine countermeasures, anti-submarine warfare, and reconnaissance. These systems extend naval capabilities by operating in areas that may be too hazardous for manned vessels. Autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs) are used for underwater mine countermeasures, intelligence gathering, and seabed mapping. These unmanned systems support submarine rescue operations and enhance undersea exploration. Naval vessels often deploy unmanned aerial vehicles (UAVs) for aerial reconnaissance and surveillance. These UAVs provide a comprehensive view of the maritime environment, detect potential threats, and contribute to the vessel's situational awareness. Automation extends to shipboard functions, such as navigation, propulsion, and damage control. Advanced control systems optimize vessel performance, reduce crew fatigue, and enhance safety. Automation and unmanned systems offer several advantages, including the ability to operate in challenging environments, improved endurance, and reduced manpower requirements. These trends are expected to continue as naval forces seek to optimize their capabilities and resource utilization.

Electromagnetic and Directed Energy Weapons

The development and integration of electromagnetic and directed energy weapons into naval combat systems represent a transformative trend in modern naval warfare. These non-kinetic weapons systems utilize electromagnetic radiation, such as lasers and radiofrequency (RF) systems, to engage and neutralize targets. High-energy laser systems are designed to engage aerial and surface threats, including drones, small boats, and missiles. HEL systems provide rapid engagement and precision, reducing the risk of collateral damage. RF weapons disrupt and disable electronic systems, including radars, communications, and command and control systems. These weapons are used for electronic attack and non-kinetic interference. Electromagnetic weapons are particularly effective against drones and unmanned aerial systems. They can disable the electronic systems of hostile drones, rendering them inoperable. Electromagnetic and directed energy weapons are valuable for countering swarming threats, such as multiple incoming missiles or small boats. These systems can engage multiple targets in rapid succession. Non-kinetic weapons systems, such as lasers, rely on electrical power rather than conventional ammunition. This reduces the logistical burden associated with resupplying munitions. Electromagnetic and directed energy weapons offer rapid response, precision, and reduced logistical dependence, making them valuable additions to naval combat systems. As technology advances, these systems are expected to become more integrated and widespread within naval fleets.

Segmental Insights

Type Analysis

During the forecast period, the C4ISR Segment with the Highest CAGR. The C4ISR market is anticipated to grow rapidly throughout the course of the forecast period. The increase in spending on command and control (combat management systems) and communication system modernization on naval ships to improve the capabilities of battleships is responsible for the segment's greatest growth rate. For instance, a joint venture between ASELSAN and HAVELSAN is currently updating the combat systems onboard four Turkish Naval Forces Barbaros-class frigates. The TACTICOS combat management system will be replaced as part of modernization by the B-SYS CMS (a variation of the native GENESIS CMS).

 

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Regional Insights

Due to the substantial investments made by the armed forces in the region to modernize and expand their naval fleets in response to the ongoing geopolitical tensions in the South China Sea, the Asia-Pacific region of the market is anticipated to experience the highest growth during the forecast period. During territorial and maritime disputes, China is moving forward with its military modernization plans. China has been obliged to increase the size of its navy as a result of tensions with India, the Taiwan Strait, and the South China Sea. Similar to this, the Indonesian Ministry of Defense chose Fincantieri in June 2021 to provide six FREMM class frigates, as well as modernize and sell two Maestrale class frigates and the associated logistical support. It is predicted that the nation's fleet of FREMM class frigates would grow to ten with the introduction of new naval vessels. Additionally, new and cutting-edge armament systems are being installed on the new navy vessel designs. For instance, in March 2022 Hanwha equipment received a contract for the delivery of combat equipment for the Philippine Navy's new 3,100-ton corvette. Eight anti-ship missile launchers, two torpedo launchers with three tubes, a 35 mm close-in weapon system, and a 76 mm main gun are among the other weaponry.

Recent Developments

  • In March 2022, the four German Navy F126 frigates were ordered by Damen Naval, a division of Damen Shipyards Group, for the provision and installation of Leonardo's OTO 127/64 lightweight (LW) Vulcano defensive systems.
  • The Philippines and BrahMos Aerospace Private Ltd agreed to a contract worth USD 374.96 million in January 2022 for the delivery of a shore-based anti-ship version of the BrahMos supersonic cruise missile. Three missile batteries, operator and maintainer training, as well as the required Integrated Logistics Support (ILS) program, are also included in the deal. In the second half of 2023, the company will assist the Philippines in establishing the bases for the anti-ship missile systems, sensor suits, and battle management systems that go along with them.

Key Market Players

  • BAE Systems PLC
  • Lockheed Martin Corporation
  • Raytheon Technologies Corporation
  • Thales Group
  • General Dynamics Corporation
  • Saab AB
  • L3Harris Technologies Inc.
  • Northrop Grumman Corporation
  • Safran SA
  • Elbit Systems Ltd.

By Type

By Platform Type

By Region

  • Weapon Systems
  • Electronic Warfare
  • C4ISR
  • Aircraft Carrier
  • Destroyers
  • Frigates
  • Corvettes
  • Submarine
  • North America
  • Europe & CIS
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Naval Combat Systems Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Naval Combat Systems Market, By Technology Type:

o   Weapon Systems

o   Electronic Warfare

o   C4ISR

  • Naval Combat Systems Market, By Application Type:

o   Aircraft Carrier

o   Destroyers

o   Frigates

o   Corvettes

o   Submarine

  • Naval Combat Systems Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  South Korea

§  Australia

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   North America

§  United States

§  Canada

§  Mexico

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Turkey

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Naval Combat Systems Market.

Available Customizations:

Global Naval Combat Systems market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Naval Combat Systems Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Naval Combat Systems Market

5.    Global Naval Combat Systems Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type Market Share Analysis (Weapon Systems, Electronic Warfare, C4ISR)

5.2.2.    By Application Type Market Share Analysis (Aircraft Carrier, Destroyers, Frigates, Corvettes, Submarine)

5.2.3.    By Regional Market Share Analysis

5.2.3.1.        Asia-Pacific Market Share Analysis

5.2.3.2.        Europe & CIS Market Share Analysis

5.2.3.3.        North America Market Share Analysis

5.2.3.4.        South America Market Share Analysis

5.2.3.5.        Middle East & Africa Market Share Analysis

5.2.4.    By Company Market Share Analysis (Top 5 Companies, Others - By Value & Volume, 2022)

5.3.  Global Naval Combat Systems Market Mapping & Opportunity Assessment

5.3.1.    By Type Market Mapping & Opportunity Assessment

5.3.2.    By Application Type Market Mapping & Opportunity Assessment

5.3.3.    By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Naval Combat Systems Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value  

6.2.  Market Share & Forecast

6.2.1.    By Type Market Share Analysis

6.2.2.    By Application Type Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.2.3.1.        China Market Share Analysis

6.2.3.2.        India Market Share Analysis

6.2.3.3.        Japan Market Share Analysis

6.2.3.4.        Indonesia Market Share Analysis

6.2.3.5.        Thailand Market Share Analysis

6.2.3.6.        South Korea Market Share Analysis

6.2.3.7.        Australia Market Share Analysis

6.2.3.8.        Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.    China Naval Combat Systems Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value  

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type Market Share Analysis

6.3.1.2.2.           By Application Type Market Share Analysis

6.3.2.    India Naval Combat Systems Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value  

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type Market Share Analysis

6.3.2.2.2.           By Application Type Market Share Analysis

6.3.3.    Japan Naval Combat Systems Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value  

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type Market Share Analysis

6.3.3.2.2.           By Application Type Market Share Analysis

6.3.4.    Indonesia Naval Combat Systems Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value  

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Type Market Share Analysis

6.3.4.2.2.           By Application Type Market Share Analysis

6.3.5.    Thailand Naval Combat Systems Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value  

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Type Market Share Analysis

6.3.5.2.2.           By Application Type Market Share Analysis

6.3.6.    South Korea Naval Combat Systems Market Outlook

6.3.6.1.        Market Size & Forecast

6.3.6.1.1.           By Value  

6.3.6.2.        Market Share & Forecast

6.3.6.2.1.           By Type Market Share Analysis

6.3.6.2.2.           By Application Type Market Share Analysis

6.3.7.    Australia Naval Combat Systems Market Outlook

6.3.7.1.        Market Size & Forecast

6.3.7.1.1.           By Value  

6.3.7.2.        Market Share & Forecast

6.3.7.2.1.           By Type Market Share Analysis

6.3.7.2.2.           By Application Type Market Share Analysis

7.    Europe & CIS Naval Combat Systems Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value  

7.2.  Market Share & Forecast

7.2.1.    By Type Market Share Analysis

7.2.2.    By Application Type Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.2.3.1.        Germany Market Share Analysis

7.2.3.2.        Spain Market Share Analysis

7.2.3.3.        France Market Share Analysis

7.2.3.4.        Russia Market Share Analysis

7.2.3.5.        Italy Market Share Analysis

7.2.3.6.        United Kingdom Market Share Analysis

7.2.3.7.        Belgium Market Share Analysis

7.2.3.8.        Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.    Germany Naval Combat Systems Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value  

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type Market Share Analysis

7.3.1.2.2.           By Application Type Market Share Analysis

7.3.2.    Spain Naval Combat Systems Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value  

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type Market Share Analysis

7.3.2.2.2.           By Application Type Market Share Analysis

7.3.3.    France Naval Combat Systems Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value  

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type Market Share Analysis

7.3.3.2.2.           By Application Type Market Share Analysis

7.3.4.    Russia Naval Combat Systems Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value  

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type Market Share Analysis

7.3.4.2.2.           By Application Type Market Share Analysis

7.3.5.    Italy Naval Combat Systems Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value  

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type Market Share Analysis

7.3.5.2.2.           By Application Type Market Share Analysis

7.3.6.    United Kingdom Naval Combat Systems Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Value  

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Type Market Share Analysis

7.3.6.2.2.           By Application Type Market Share Analysis

7.3.7.    Belgium Naval Combat Systems Market Outlook

7.3.7.1.        Market Size & Forecast

7.3.7.1.1.           By Value  

7.3.7.2.        Market Share & Forecast

7.3.7.2.1.           By Type Market Share Analysis

7.3.7.2.2.           By Application Type Market Share Analysis

8.    North America Naval Combat Systems Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value  

8.2.  Market Share & Forecast

8.2.1.    By Type Market Share Analysis

8.2.2.    By Application Type Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.2.3.1.        United States Market Share Analysis

8.2.3.2.        Mexico Market Share Analysis

8.2.3.3.        Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.    United States Naval Combat Systems Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value  

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type Market Share Analysis

8.3.1.2.2.           By Application Type Market Share Analysis

8.3.2.    Mexico Naval Combat Systems Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value  

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type Market Share Analysis

8.3.2.2.2.           By Application Type Market Share Analysis

8.3.3.    Canada Naval Combat Systems Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value  

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type Market Share Analysis

8.3.3.2.2.           By Application Type Market Share Analysis

9.    South America Naval Combat Systems Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value  

9.2.  Market Share & Forecast

9.2.1.    By Type Market Share Analysis

9.2.2.    By Application Type Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.2.3.1.        Brazil Market Share Analysis

9.2.3.2.        Argentina Market Share Analysis

9.2.3.3.        Colombia Market Share Analysis

9.2.3.4.        Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Brazil Naval Combat Systems Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value  

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type Market Share Analysis

9.3.1.2.2.           By Application Type Market Share Analysis

9.3.2.    Colombia Naval Combat Systems Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value  

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type Market Share Analysis

9.3.2.2.2.           By Application Type Market Share Analysis

9.3.3.    Argentina Naval Combat Systems Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value  

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type Market Share Analysis

9.3.3.2.2.           By Application Type Market Share Analysis

10. Middle East & Africa Naval Combat Systems Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value   

10.2.            Market Share & Forecast

10.2.1. By Type Market Share Analysis

10.2.2. By Application Type Market Share Analysis

10.2.3. By Country Market Share Analysis

10.2.3.1.     South Africa Market Share Analysis

10.2.3.2.     Turkey Market Share Analysis

10.2.3.3.     Saudi Arabia Market Share Analysis

10.2.3.4.     UAE Market Share Analysis

10.2.3.5.     Rest of Middle East & Africa Market Share Africa

10.3.            Middle East & Africa: Country Analysis

10.3.1. South Africa Naval Combat Systems Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value  

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type Market Share Analysis

10.3.1.2.2.         By Application Type Market Share Analysis

10.3.2. Turkey Naval Combat Systems Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value  

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type Market Share Analysis

10.3.2.2.2.         By Application Type Market Share Analysis

10.3.3. Saudi Arabia Naval Combat Systems Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value  

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type Market Share Analysis

10.3.3.2.2.         By Application Type Market Share Analysis

10.3.4. UAE Naval Combat Systems Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value  

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type Market Share Analysis

10.3.4.2.2.         By Application Type Market Share Analysis

11. SWOT Analysis

11.1.            Strength

11.2.            Weakness

11.3.            Opportunities

11.4.            Threats

12. Market Dynamics

12.1.            Market Drivers

12.2.            Market Challenges

13. Market Trends and Developments

14. Competitive Landscape

14.1.            Company Profiles (Up to 10 Major Companies)

14.1.1. Northrop Grumman Corporation

14.1.1.1.     Company Details

14.1.1.2.     Key Product Offered

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Recent Developments

14.1.1.5.     Key Management Personnel

14.1.2. BAE Systems plc

14.1.2.1.     Company Details

14.1.2.2.     Key Product Offered

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Recent Developments

14.1.2.5.     Key Management Personnel

14.1.3. L3Harris Technologies Inc.

14.1.3.1.     Company Details

14.1.3.2.     Key Product Offered

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Recent Developments

14.1.3.5.     Key Management Personnel

14.1.4. Raytheon Technologies Corporation

14.1.4.1.     Company Details

14.1.4.2.     Key Product Offered

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Recent Developments

14.1.4.5.     Key Management Personnel

14.1.5. Lockheed Martin Corporation

14.1.5.1.     Company Details

14.1.5.2.     Key Product Offered

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Recent Developments

14.1.5.5.     Key Management Personnel

14.1.6. Thales Group

14.1.6.1.     Company Details

14.1.6.2.     Key Product Offered

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Recent Developments

14.1.6.5.     Key Management Personnel

14.1.7. General Dynamics Corporation

14.1.7.1.     Company Details

14.1.7.2.     Key Product Offered

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Recent Developments

14.1.7.5.     Key Management Personnel

14.1.8. Saab AB

14.1.8.1.     Company Details

14.1.8.2.     Key Product Offered

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Recent Developments

14.1.8.5.     Key Management Personnel

14.1.9. Safran SA

14.1.9.1.     Company Details

14.1.9.2.     Key Product Offered

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Recent Developments

14.1.9.5.     Key Management Personnel

14.1.10.              Elbit Systems Ltd.

14.1.10.1.  Company Details

14.1.10.2.  Key Product Offered

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Recent Developments

14.1.10.5.  Key Management Personnel

15. Strategic Recommendations

15.1.            Key Focus Areas

15.1.1. Target Regions

15.1.2. Target Type

About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Naval Combat Systems Market was estimated to be USD 35 billion in 2022.

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During the forecast period, the C4ISR Segment with the Highest CAGR. The C4ISR market is anticipated to grow rapidly throughout the course of the forecast period. The increase in spending on command and control (combat management systems) and communication system modernization on naval ships to improve the capabilities of battleships is responsible for the segment's greatest growth rate. For instance, a joint venture between ASELSAN and HAVELSAN is currently updating the combat systems onboard four Turkish Naval Forces Barbaros-class frigates.

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Due to the substantial investments made by the armed forces in the region to modernize and expand their naval fleets in response to the ongoing geopolitical tensions in the South China Sea, the Asia-Pacific region of the market is anticipated to experience the highest growth during the forecast period. During territorial and maritime disputes, China is moving forward with its military modernization plans. China has been obliged to increase the size of its navy as a result of tensions with India, the Taiwan Strait, and the South China Sea.

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Modernization and Recapitalization of Naval Fleets, Emerging Naval Technologies and Innovations, Regional Naval Expansion and Naval Buildups are the major drivers for the Global Naval Combat Systems Market.

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Srishti Verma

Business Consultant
Press Release

Naval Combat Systems Market to Grow with a CAGR of 5.39% Globally through to 2028

Nov, 2023

Modernization and Recapitalization of Naval Fleets, Emerging Naval Technologies and Innovations, Regional Naval Expansion and Naval Buildups are factors driving the Global Naval Combat Systems market