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Global Military Shipbuilding & Submarines: Market Research Report

Global Market Research • Global Market Size • Industry Statistics • Industry Analysis • Industry Trends

Global Military Shipbuilding & Submarines Market Research Report | Jun 2014

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Military Shipbuilding & Submarines global market research report offers insightful industry analysis and research into the market at an international level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
BAE Systems plc BAE Systems plc market share
DCNS DCNS market share
General Dynamics Corporation General Dynamics Corporation market share
Huntington Ingalls Industries Inc. Huntington Ingalls Industries Inc. market share
Industry Statistics & Forecast
Revenue
$40bn
Annual Growth 09-14
2.1%
Annual Growth 14-19
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Profit
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Employment ('000)
280
Businesses
484
Industry Analysis & Industry Trends

The national security considerations of governments and long-term planning undertaken for military expenditure ensured relative stability for industry revenue over the past five years. Growth is primarily attributed to demand for military ships and boats to protect coastal waters and to expand and renew navy fleet sizes. Revenue is projected to continue growing in the next five years through stable growth in defense budgets and a focus on advanced electronics and information systems capabilities... read more

Industry Products

Shipbuilding, alterations and refurbishment

An estimated 69.0% of industry revenue comes from shipbuilding and related activities such as alterations and refurbishments. Industry players construct on wide range of vessels that greatly vary in size, capability and sophistication. Examples of surface vessels include destroyers, frigates, cruisers, corvettes, aircraft carriers, auxiliary ships and landing ships. Frigates, destroyers and cruisers make up the backbone of most large navies. These ships serve a number of roles, including escort, attack (both other ships and land-based targets) and anti-submarine/aircraft missions. Corvettes are smaller, typically lightly armed, warships... read more

 


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What is the Global Military Shipbuilding & Submarines Industry?

Firms in this industry operate shipyards or boatyards. Shipyards are fixed facilities with dry docks and fabrication equipment capable of building a naval ship. These establishments manufacture frigates, destroyers, cruisers, amphibious transport ships, aircraft carriers, patrol ships and submarines. They also provide naval ship repair and conversion activities. Boat manufacturers build boats, cabin cruisers, dinghies, jet boats, patrol boats and rowboats for navies and coast guards.

Industry Products
Shipbuilding, alterations and refurbishment Repair, maintenance and other services
 
Industry Activities
Frigate and cruiser fabricationAircraft carrierDestroyer productionAttack submarine fabricationAmphibious transport shipPatrol boat fabrication Repairing ships Conversion and alteration of ships prefabrication ship and barge sections Specialized ship services


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