Naval vessels are differentiated from civilian ships by their design and purpose. Such ships are damage resilient and armed. Naval vessels MRO is crucial for sustaining and extending the life of a vessel. It comprises maintenance, overhauls, routine checks, inspections, repairs, and modifications carried out on a vessel and their components. MRO services assure the safety and airworthiness of naval vessels.
This report contains market size and forecasts of Naval Vessel MRO in Global, including the following market information:
Global Naval Vessel MRO Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Naval Vessel MRO market was valued at 12050 million in 2021 and is projected to reach US$ 17700 million by 2028, at a CAGR of 5.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Engine MRO Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Naval Vessel MRO include BAE Systems, General Dynamics, Huntington Ingalls Industries, Northrop Grumman, Lockheed Martin, Raytheon, URS Corporation, Saab and Elbit Systems. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Naval Vessel MRO companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Naval Vessel MRO Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Naval Vessel MRO Market Segment Percentages, by Type, 2021 (%)
- Engine MRO
- Dry Dock MRO
- Regular Maintenance MRO
- Component MRO
Global Naval Vessel MRO Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Naval Vessel MRO Market Segment Percentages, by Application, 2021 (%)
- Surface Warship
- Submarines
- Support Vessels
Global Naval Vessel MRO Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Naval Vessel MRO Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- - US
- - Canada
- - Mexico
- Europe
- - Germany
- - France
- - U.K.
- - Italy
- - Russia
- - Nordic Countries
- - Benelux
- - Rest of Europe
- Asia
- - China
- - Japan
- - South Korea
- - Southeast Asia
- - India
- - Rest of Asia
- South America
- - Brazil
- - Argentina
- - Rest of South America
- Middle East & Africa
- - Turkey
- - Israel
- - Saudi Arabia
- - UAE
- - Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Naval Vessel MRO revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Naval Vessel MRO revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- BAE Systems
- General Dynamics
- Huntington Ingalls Industries
- Northrop Grumman
- Lockheed Martin
- Raytheon
- URS Corporation
- Saab
- Elbit Systems
Naval Vessel MRO Market - Global Outlook and Forecast 2022-2028
Table of Contents
1 Introduction to Research & Analysis Reports
1.1 Naval Vessel MRO Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Naval Vessel MRO Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Naval Vessel MRO Overall Market Size
2.1 Global Naval Vessel MRO Market Size: 2021 VS 2028
2.2 Global Naval Vessel MRO Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Naval Vessel MRO Players in Global Market
3.2 Top Global Naval Vessel MRO Companies Ranked by Revenue
3.3 Global Naval Vessel MRO Revenue by Companies
3.4 Top 3 and Top 5 Naval Vessel MRO Companies in Global Market, by Revenue in 2021
3.5 Global Companies Naval Vessel MRO Product Type
3.6 Tier 1, Tier 2 and Tier 3 Naval Vessel MRO Players in Global Market
3.6.1 List of Global Tier 1 Naval Vessel MRO Companies
3.6.2 List of Global Tier 2 and Tier 3 Naval Vessel MRO Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global Naval Vessel MRO Market Size Markets, 2021 & 2028
4.1.2 Engine MRO
4.1.3 Dry Dock MRO
4.1.4 Regular Maintenance MRO
4.1.5 Component MRO
4.2 By Type - Global Naval Vessel MRO Revenue & Forecasts
4.2.1 By Type - Global Naval Vessel MRO Revenue, 2017-2022
4.2.2 By Type - Global Naval Vessel MRO Revenue, 2023-2028
4.2.3 By Type - Global Naval Vessel MRO Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Naval Vessel MRO Market Size, 2021 & 2028
5.1.2 Surface Warship
5.1.3 Submarines
5.1.4 Support Vessels
5.2 By Application - Global Naval Vessel MRO Revenue & Forecasts
5.2.1 By Application - Global Naval Vessel MRO Revenue, 2017-2022
5.2.2 By Application - Global Naval Vessel MRO Revenue, 2023-2028
5.2.3 By Application - Global Naval Vessel MRO Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global Naval Vessel MRO Market Size, 2021 & 2028
6.2 By Region - Global Naval Vessel MRO Revenue & Forecasts
6.2.1 By Region - Global Naval Vessel MRO Revenue, 2017-2022
6.2.2 By Region - Global Naval Vessel MRO Revenue, 2023-2028
6.2.3 By Region - Global Naval Vessel MRO Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America Naval Vessel MRO Revenue, 2017-2028
6.3.2 US Naval Vessel MRO Market Size, 2017-2028
6.3.3 Canada Naval Vessel MRO Market Size, 2017-2028
6.3.4 Mexico Naval Vessel MRO Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe Naval Vessel MRO Revenue, 2017-2028
6.4.2 Germany Naval Vessel MRO Market Size, 2017-2028
6.4.3 France Naval Vessel MRO Market Size, 2017-2028
6.4.4 U.K. Naval Vessel MRO Market Size, 2017-2028
6.4.5 Italy Naval Vessel MRO Market Size, 2017-2028
6.4.6 Russia Naval Vessel MRO Market Size, 2017-2028
6.4.7 Nordic Countries Naval Vessel MRO Market Size, 2017-2028
6.4.8 Benelux Naval Vessel MRO Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia Naval Vessel MRO Revenue, 2017-2028
6.5.2 China Naval Vessel MRO Market Size, 2017-2028
6.5.3 Japan Naval Vessel MRO Market Size, 2017-2028
6.5.4 South Korea Naval Vessel MRO Market Size, 2017-2028
6.5.5 Southeast Asia Naval Vessel MRO Market Size, 2017-2028
6.5.6 India Naval Vessel MRO Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America Naval Vessel MRO Revenue, 2017-2028
6.6.2 Brazil Naval Vessel MRO Market Size, 2017-2028
6.6.3 Argentina Naval Vessel MRO Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Naval Vessel MRO Revenue, 2017-2028
6.7.2 Turkey Naval Vessel MRO Market Size, 2017-2028
6.7.3 Israel Naval Vessel MRO Market Size, 2017-2028
6.7.4 Saudi Arabia Naval Vessel MRO Market Size, 2017-2028
6.7.5 UAE Naval Vessel MRO Market Size, 2017-2028
7 Players Profiles
7.1 BAE Systems
7.1.1 BAE Systems Corporate Summary
7.1.2 BAE Systems Business Overview
7.1.3 BAE Systems Naval Vessel MRO Major Product Offerings
7.1.4 BAE Systems Naval Vessel MRO Revenue in Global Market (2017-2022)
7.1.5 BAE Systems Key News
7.2 General Dynamics
7.2.1 General Dynamics Corporate Summary
7.2.2 General Dynamics Business Overview
7.2.3 General Dynamics Naval Vessel MRO Major Product Offerings
7.2.4 General Dynamics Naval Vessel MRO Revenue in Global Market (2017-2022)
7.2.5 General Dynamics Key News
7.3 Huntington Ingalls Industries
7.3.1 Huntington Ingalls Industries Corporate Summary
7.3.2 Huntington Ingalls Industries Business Overview
7.3.3 Huntington Ingalls Industries Naval Vessel MRO Major Product Offerings
7.3.4 Huntington Ingalls Industries Naval Vessel MRO Revenue in Global Market (2017-2022)
7.3.5 Huntington Ingalls Industries Key News
7.4 Northrop Grumman
7.4.1 Northrop Grumman Corporate Summary
7.4.2 Northrop Grumman Business Overview
7.4.3 Northrop Grumman Naval Vessel MRO Major Product Offerings
7.4.4 Northrop Grumman Naval Vessel MRO Revenue in Global Market (2017-2022)
7.4.5 Northrop Grumman Key News
7.5 Lockheed Martin
7.5.1 Lockheed Martin Corporate Summary
7.5.2 Lockheed Martin Business Overview
7.5.3 Lockheed Martin Naval Vessel MRO Major Product Offerings
7.5.4 Lockheed Martin Naval Vessel MRO Revenue in Global Market (2017-2022)
7.5.5 Lockheed Martin Key News
7.6 Raytheon
7.6.1 Raytheon Corporate Summary
7.6.2 Raytheon Business Overview
7.6.3 Raytheon Naval Vessel MRO Major Product Offerings
7.6.4 Raytheon Naval Vessel MRO Revenue in Global Market (2017-2022)
7.6.5 Raytheon Key News
7.7 URS Corporation
7.7.1 URS Corporation Corporate Summary
7.7.2 URS Corporation Business Overview
7.7.3 URS Corporation Naval Vessel MRO Major Product Offerings
7.7.4 URS Corporation Naval Vessel MRO Revenue in Global Market (2017-2022)
7.7.5 URS Corporation Key News
7.8 Saab
7.8.1 Saab Corporate Summary
7.8.2 Saab Business Overview
7.8.3 Saab Naval Vessel MRO Major Product Offerings
7.8.4 Saab Naval Vessel MRO Revenue in Global Market (2017-2022)
7.8.5 Saab Key News
7.9 Elbit Systems
7.9.1 Elbit Systems Corporate Summary
7.9.2 Elbit Systems Business Overview
7.9.3 Elbit Systems Naval Vessel MRO Major Product Offerings
7.9.4 Elbit Systems Naval Vessel MRO Revenue in Global Market (2017-2022)
7.9.5 Elbit Systems Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
List of Tables
Table 1. Naval Vessel MRO Market Opportunities & Trends in Global Market
Table 2. Naval Vessel MRO Market Drivers in Global Market
Table 3. Naval Vessel MRO Market Restraints in Global Market
Table 4. Key Players of Naval Vessel MRO in Global Market
Table 5. Top Naval Vessel MRO Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Naval Vessel MRO Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Naval Vessel MRO Revenue Share by Companies, 2017-2022
Table 8. Global Companies Naval Vessel MRO Product Type
Table 9. List of Global Tier 1 Naval Vessel MRO Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Naval Vessel MRO Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type - Global Naval Vessel MRO Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Naval Vessel MRO Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Naval Vessel MRO Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application - Global Naval Vessel MRO Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Naval Vessel MRO Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Naval Vessel MRO Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region - Global Naval Vessel MRO Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Naval Vessel MRO Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Naval Vessel MRO Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Naval Vessel MRO Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Naval Vessel MRO Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Naval Vessel MRO Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Naval Vessel MRO Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Naval Vessel MRO Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Naval Vessel MRO Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Naval Vessel MRO Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Naval Vessel MRO Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Naval Vessel MRO Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Naval Vessel MRO Revenue, (US$, Mn), 2023-2028
Table 30. BAE Systems Corporate Summary
Table 31. BAE Systems Naval Vessel MRO Product Offerings
Table 32. BAE Systems Naval Vessel MRO Revenue (US$, Mn), (2017-2022)
Table 33. General Dynamics Corporate Summary
Table 34. General Dynamics Naval Vessel MRO Product Offerings
Table 35. General Dynamics Naval Vessel MRO Revenue (US$, Mn), (2017-2022)
Table 36. Huntington Ingalls Industries Corporate Summary
Table 37. Huntington Ingalls Industries Naval Vessel MRO Product Offerings
Table 38. Huntington Ingalls Industries Naval Vessel MRO Revenue (US$, Mn), (2017-2022)
Table 39. Northrop Grumman Corporate Summary
Table 40. Northrop Grumman Naval Vessel MRO Product Offerings
Table 41. Northrop Grumman Naval Vessel MRO Revenue (US$, Mn), (2017-2022)
Table 42. Lockheed Martin Corporate Summary
Table 43. Lockheed Martin Naval Vessel MRO Product Offerings
Table 44. Lockheed Martin Naval Vessel MRO Revenue (US$, Mn), (2017-2022)
Table 45. Raytheon Corporate Summary
Table 46. Raytheon Naval Vessel MRO Product Offerings
Table 47. Raytheon Naval Vessel MRO Revenue (US$, Mn), (2017-2022)
Table 48. URS Corporation Corporate Summary
Table 49. URS Corporation Naval Vessel MRO Product Offerings
Table 50. URS Corporation Naval Vessel MRO Revenue (US$, Mn), (2017-2022)
Table 51. Saab Corporate Summary
Table 52. Saab Naval Vessel MRO Product Offerings
Table 53. Saab Naval Vessel MRO Revenue (US$, Mn), (2017-2022)
Table 54. Elbit Systems Corporate Summary
Table 55. Elbit Systems Naval Vessel MRO Product Offerings
Table 56. Elbit Systems Naval Vessel MRO Revenue (US$, Mn), (2017-2022)
List of Figures
Figure 1. Naval Vessel MRO Segment by Type in 2021
Figure 2. Naval Vessel MRO Segment by Application in 2021
Figure 3. Global Naval Vessel MRO Market Overview: 2020
Figure 4. Key Caveats
Figure 5. Global Naval Vessel MRO Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Naval Vessel MRO Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Naval Vessel MRO Revenue in 2021
Figure 8. By Type - Global Naval Vessel MRO Revenue Market Share, 2017-2028
Figure 9. By Application - Global Naval Vessel MRO Revenue Market Share, 2017-2028
Figure 10. By Region - Global Naval Vessel MRO Revenue Market Share, 2017-2028
Figure 11. By Country - North America Naval Vessel MRO Revenue Market Share, 2017-2028
Figure 12. US Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Naval Vessel MRO Revenue Market Share, 2017-2028
Figure 16. Germany Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 17. France Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Naval Vessel MRO Revenue Market Share, 2017-2028
Figure 24. China Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 28. India Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Naval Vessel MRO Revenue Market Share, 2017-2028
Figure 30. Brazil Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Naval Vessel MRO Revenue Market Share, 2017-2028
Figure 33. Turkey Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Naval Vessel MRO Revenue, (US$, Mn), 2017-2028
Figure 37. BAE Systems Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. General Dynamics Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Huntington Ingalls Industries Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Northrop Grumman Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Lockheed Martin Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Raytheon Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. URS Corporation Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Saab Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Elbit Systems Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
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