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 aims to provide a comprehensive presentation of the global market for Naval Vessel MRO, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Naval Vessel MRO. This report contains market size and forecasts of Naval Vessel MRO in global, including the following market information:
Global Naval Vessel MRO Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Naval Vessel MRO market was valued at US$ 12050 million in 2022 and is projected to reach US$ 17700 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global leading players in this market are BAE Systems, General Dynamics, Huntington Ingalls Industries, Northrop Grumman, Lockheed Martin, Raytheon, URS Corporation, Saab and Elbit Systems. The top 5 players occupied about half of the market.
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, 2018-2023, 2024-2029 ($ millions)
Global Naval Vessel MRO Market Segment Percentages, by Type, 2022 (%)
- Engine MRO
- Dry Dock MRO
- Regular Maintenance MRO
- Component MRO
Global Naval Vessel MRO Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Naval Vessel MRO Market Segment Percentages, by Application, 2022 (%)
- Surface Warship
- Submarines
- Support Vessels
Global Naval Vessel MRO Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Naval Vessel MRO Market Segment Percentages, By Region and Country, 2022 (%)
- 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, 2018-2023 (estimated), ($ millions)
Key companies Naval Vessel MRO revenues share in global market, 2022 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Naval Vessel MRO, market overview.
Chapter 2: Global Naval Vessel MRO market size in revenue.
Chapter 3: Detailed analysis of Naval Vessel MRO company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Naval Vessel MRO in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
Naval Vessel MRO Market, Global Outlook and Forecast 2023-2029
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: 2022 VS 2029
2.2 Global Naval Vessel MRO Market Size, Prospects & Forecasts: 2018-2029
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 2022
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, 2022 & 2029
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, 2018-2023
4.2.2 By Type - Global Naval Vessel MRO Revenue, 2024-2029
4.2.3 By Type - Global Naval Vessel MRO Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Naval Vessel MRO Market Size, 2022 & 2029
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, 2018-2023
5.2.2 By Application - Global Naval Vessel MRO Revenue, 2024-2029
5.2.3 By Application - Global Naval Vessel MRO Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Naval Vessel MRO Market Size, 2022 & 2029
6.2 By Region - Global Naval Vessel MRO Revenue & Forecasts
6.2.1 By Region - Global Naval Vessel MRO Revenue, 2018-2023
6.2.2 By Region - Global Naval Vessel MRO Revenue, 2024-2029
6.2.3 By Region - Global Naval Vessel MRO Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Naval Vessel MRO Revenue, 2018-2029
6.3.2 US Naval Vessel MRO Market Size, 2018-2029
6.3.3 Canada Naval Vessel MRO Market Size, 2018-2029
6.3.4 Mexico Naval Vessel MRO Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Naval Vessel MRO Revenue, 2018-2029
6.4.2 Germany Naval Vessel MRO Market Size, 2018-2029
6.4.3 France Naval Vessel MRO Market Size, 2018-2029
6.4.4 U.K. Naval Vessel MRO Market Size, 2018-2029
6.4.5 Italy Naval Vessel MRO Market Size, 2018-2029
6.4.6 Russia Naval Vessel MRO Market Size, 2018-2029
6.4.7 Nordic Countries Naval Vessel MRO Market Size, 2018-2029
6.4.8 Benelux Naval Vessel MRO Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Naval Vessel MRO Revenue, 2018-2029
6.5.2 China Naval Vessel MRO Market Size, 2018-2029
6.5.3 Japan Naval Vessel MRO Market Size, 2018-2029
6.5.4 South Korea Naval Vessel MRO Market Size, 2018-2029
6.5.5 Southeast Asia Naval Vessel MRO Market Size, 2018-2029
6.5.6 India Naval Vessel MRO Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Naval Vessel MRO Revenue, 2018-2029
6.6.2 Brazil Naval Vessel MRO Market Size, 2018-2029
6.6.3 Argentina Naval Vessel MRO Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Naval Vessel MRO Revenue, 2018-2029
6.7.2 Turkey Naval Vessel MRO Market Size, 2018-2029
6.7.3 Israel Naval Vessel MRO Market Size, 2018-2029
6.7.4 Saudi Arabia Naval Vessel MRO Market Size, 2018-2029
6.7.5 UAE Naval Vessel MRO Market Size, 2018-2029
7 Naval Vessel MRO Companies Profiles
7.1 BAE Systems
7.1.1 BAE Systems Company 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 (2018-2023)
7.1.5 BAE Systems Key News & Latest Developments
7.2 General Dynamics
7.2.1 General Dynamics Company 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 (2018-2023)
7.2.5 General Dynamics Key News & Latest Developments
7.3 Huntington Ingalls Industries
7.3.1 Huntington Ingalls Industries Company 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 (2018-2023)
7.3.5 Huntington Ingalls Industries Key News & Latest Developments
7.4 Northrop Grumman
7.4.1 Northrop Grumman Company 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 (2018-2023)
7.4.5 Northrop Grumman Key News & Latest Developments
7.5 Lockheed Martin
7.5.1 Lockheed Martin Company 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 (2018-2023)
7.5.5 Lockheed Martin Key News & Latest Developments
7.6 Raytheon
7.6.1 Raytheon Company 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 (2018-2023)
7.6.5 Raytheon Key News & Latest Developments
7.7 URS Corporation
7.7.1 URS Corporation Company 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 (2018-2023)
7.7.5 URS Corporation Key News & Latest Developments
7.8 Saab
7.8.1 Saab Company 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 (2018-2023)
7.8.5 Saab Key News & Latest Developments
7.9 Elbit Systems
7.9.1 Elbit Systems Company 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 (2018-2023)
7.9.5 Elbit Systems Key News & Latest Developments
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 (2022)
Table 6. Global Naval Vessel MRO Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Naval Vessel MRO Revenue Share by Companies, 2018-2023
Table 8. Global Companies Naval Vessel MRO Product Type
Table 9. List of Global Tier 1 Naval Vessel MRO Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Naval Vessel MRO Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type - Global Naval Vessel MRO Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Naval Vessel MRO Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Naval Vessel MRO Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application - Global Naval Vessel MRO Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Naval Vessel MRO Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Naval Vessel MRO Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region - Global Naval Vessel MRO Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Naval Vessel MRO Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Naval Vessel MRO Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Naval Vessel MRO Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Naval Vessel MRO Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Naval Vessel MRO Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Naval Vessel MRO Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Naval Vessel MRO Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Naval Vessel MRO Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Naval Vessel MRO Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Naval Vessel MRO Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Naval Vessel MRO Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Naval Vessel MRO Revenue, (US$, Mn), 2024-2029
Table 30. BAE Systems Company Summary
Table 31. BAE Systems Naval Vessel MRO Product Offerings
Table 32. BAE Systems Naval Vessel MRO Revenue (US$, Mn) & (2018-2023)
Table 33. BAE Systems Key News & Latest Developments
Table 34. General Dynamics Company Summary
Table 35. General Dynamics Naval Vessel MRO Product Offerings
Table 36. General Dynamics Naval Vessel MRO Revenue (US$, Mn) & (2018-2023)
Table 37. General Dynamics Key News & Latest Developments
Table 38. Huntington Ingalls Industries Company Summary
Table 39. Huntington Ingalls Industries Naval Vessel MRO Product Offerings
Table 40. Huntington Ingalls Industries Naval Vessel MRO Revenue (US$, Mn) & (2018-2023)
Table 41. Huntington Ingalls Industries Key News & Latest Developments
Table 42. Northrop Grumman Company Summary
Table 43. Northrop Grumman Naval Vessel MRO Product Offerings
Table 44. Northrop Grumman Naval Vessel MRO Revenue (US$, Mn) & (2018-2023)
Table 45. Northrop Grumman Key News & Latest Developments
Table 46. Lockheed Martin Company Summary
Table 47. Lockheed Martin Naval Vessel MRO Product Offerings
Table 48. Lockheed Martin Naval Vessel MRO Revenue (US$, Mn) & (2018-2023)
Table 49. Lockheed Martin Key News & Latest Developments
Table 50. Raytheon Company Summary
Table 51. Raytheon Naval Vessel MRO Product Offerings
Table 52. Raytheon Naval Vessel MRO Revenue (US$, Mn) & (2018-2023)
Table 53. Raytheon Key News & Latest Developments
Table 54. URS Corporation Company Summary
Table 55. URS Corporation Naval Vessel MRO Product Offerings
Table 56. URS Corporation Naval Vessel MRO Revenue (US$, Mn) & (2018-2023)
Table 57. URS Corporation Key News & Latest Developments
Table 58. Saab Company Summary
Table 59. Saab Naval Vessel MRO Product Offerings
Table 60. Saab Naval Vessel MRO Revenue (US$, Mn) & (2018-2023)
Table 61. Saab Key News & Latest Developments
Table 62. Elbit Systems Company Summary
Table 63. Elbit Systems Naval Vessel MRO Product Offerings
Table 64. Elbit Systems Naval Vessel MRO Revenue (US$, Mn) & (2018-2023)
Table 65. Elbit Systems Key News & Latest Developments
List of Figures
Figure 1. Naval Vessel MRO Segment by Type in 2022
Figure 2. Naval Vessel MRO Segment by Application in 2022
Figure 3. Global Naval Vessel MRO Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Naval Vessel MRO Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Naval Vessel MRO Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Naval Vessel MRO Revenue in 2022
Figure 8. By Type - Global Naval Vessel MRO Revenue Market Share, 2018-2029
Figure 9. By Application - Global Naval Vessel MRO Revenue Market Share, 2018-2029
Figure 10. By Type - Global Naval Vessel MRO Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Naval Vessel MRO Revenue Market Share, 2018-2029
Figure 12. By Application - Global Naval Vessel MRO Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Naval Vessel MRO Revenue Market Share, 2018-2029
Figure 14. By Region - Global Naval Vessel MRO Revenue Market Share, 2018-2029
Figure 15. By Country - North America Naval Vessel MRO Revenue Market Share, 2018-2029
Figure 16. US Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Naval Vessel MRO Revenue Market Share, 2018-2029
Figure 20. Germany Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 21. France Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Naval Vessel MRO Revenue Market Share, 2018-2029
Figure 28. China Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 32. India Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Naval Vessel MRO Revenue Market Share, 2018-2029
Figure 34. Brazil Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Naval Vessel MRO Revenue Market Share, 2018-2029
Figure 37. Turkey Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Naval Vessel MRO Revenue, (US$, Mn), 2018-2029
Figure 41. BAE Systems Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. General Dynamics Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Huntington Ingalls Industries Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Northrop Grumman Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Lockheed Martin Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Raytheon Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. URS Corporation Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Saab Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Elbit Systems Naval Vessel MRO Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
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