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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 Analysis

Despite the global recession, the Global Military Shipbuilding and Submarines industry has had relatively smooth sailing over the past five years. Industry operators design, build, maintain, repair and overhaul military vessels, including aircraft carriers, cruisers, destroyers, frigates, corvettes, patrol boats, submarines, amphibious assault ships and auxiliary ships. Although the recession increased pressure on governments to cut defense spending (especially in the West), shipbuilding's long lead times and the industry's importance to national defense has meant that industry projects were less impacted by defense cuts... read more

 


Industry ProductsRelated ReportsTable of Contents

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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