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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 | Oct 2013

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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report focuses on industry performance in key regions around the world and identifies the leading companies globally.

Report Snapshot
Market Share of Companies
DCN DCN market share
General Dynamics Corporation General Dynamics Corporation market share
Huntington Ingalls Industries Inc. Huntington Ingalls Industries Inc. market share
Thales Group Thales Group market share
Industry Statistics & Forecast
Revenue
$42bn
Annual Growth 08-13
1.4%
Annual Growth 13-18
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Profit
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Employment ('000)
321
Businesses
5,707
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 the 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 SWOT Analysis

The Global Military Shipbuilding and Submarines industry is in the mature phase of its economic life cycle. Industry value added (IVA), a measure of the industry's contribution to the global economy, is expected to grow at an annualized rate of 1.4% over the 10 years to 2018. Comparatively, world GDP growth is expected to reach 5.4% per year on average over the same period. Growth slowed over the three years through to 2013 as governments looked for ways to balance their budgets. Capacity for further sales is also dependent on the threat of war and/or new products released to the market. The industry is characterized by well-established products, which are divided into clearly segmented groups. New products undergo a series of tests before they can be placed on the market... 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
SubmarinesSurface combatantsAuxiliary ships and boatsRepair, upgrade 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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