The Business Research Company’s Warships And Naval Vessels Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Warships And Naval Vessels Global Market Report 2023 evaluates warships and naval vessels market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global warships and naval vessels market is expected to grow from $60,273.9 million in 2026 at a rate of 11.0%. The warships and naval vessels market size is then expected to grow at a CAGR of 10.2% from 2026 and reach $149,168.3 million in 2031.
The growing global defense spending is expected to drive the warships and naval vessels market in the forecast period. Global defense spending is increasing due to the rising regional conflicts in the world. Countries are spending explicitly on upgrading their defense and naval vessels to safeguard their maritime rights and interests. The growing global defense spending will aid in the increased manufacture and deployment of warships and naval vessels across the globe. For example, according to the European Commission, the executive of the European Union, by 2030, the nations with top defense expenditure are predicted to be the USA with over $1 trillion, China with $736 billion, and India with $213 billion respectively. Thus, the increasing defense spending by countries across the globe will boost the warships and naval vessels market during the forecast period.
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The warships and naval vessels market segments in the report are:
1) By Type: Warships; Submarines; Aircraft Carriers; Other Types
2) By Operation: Surface Fleet; Undersea Fleet
3) By Application: Rescue; Defense; Other Applications
4) By End-Use: Destroyer; Frigate; Other End Uses
The table of contents in TBRC’s warships and naval vessels market report includes:
- Executive Summary
- Table of Contents
- List of Figures
- List of Tables
- Report Structure
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Opportunities And Strategies
- Warship And Naval Vessels Market, Conclusions And Recommendations
- Appendix
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