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Naval Combat Systems Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 134
  • SKU: IRTNTR44972
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The naval combat systems market share is expected to increase by USD 9.53 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 3.79%.

This naval combat systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers naval combat systems market segmentation by product (weapon systems, C4ISR systems, and electronic warfare systems), platform (surface-based naval combat systems and underwater-based naval combat systems), and geography (North America, APAC, Europe, Middle East, and Africa, and South America). The naval combat systems market report also offers information on several market vendors, including ASELSAN AS, ATLAS ELEKTRONIK GmbH, BAE Systems Plc, Elbit Systems Ltd., General Dynamics Mission Systems Inc., HAVELSAN AS, L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Naval Group, Northrop Grumman Corp., QinetiQ Group Plc, Raytheon Technologies Corp., Saab AB, Safran SA, Terma AS, Thales Group, and Ultra Electronics Holdings Plc among others.

What will the Naval Combat Systems Market Size be During the Forecast Period?

Naval Combat Systems Market Size

Download Report Sample to Unlock the Naval Combat Systems Market Size for the Forecast Period and Other Important Statistics

 

Naval Combat Systems Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The greater focus on ISR operations is notably driving the naval combat systems market growth, although factors such as integration difficulties may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the naval combat systems industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Naval Combat Systems Market Driver

Greater focus on ISR operations is one of the major drivers impacting the naval combat systems market growth. Intelligence, surveillance, and reconnaissance (ISR) operations form a pivotal aspect of military missions as intelligence gathering and analyzing information influence decision-making in high-risk operations. Surveillance involves the real-time monitoring of activities and behaviour of battlefield entities to observe vital movements. It employs devices with sensors to generate imagery or videos of the field. Reconnaissance is an information-obtaining activity to assess the resources of enemy troops or features of the terrain. These activities are closely related and, in combination, contribute to the situational awareness of commanders. The importance of such operations has accounted for significant and rapid developments in the ISR domain, which will continue during the forecast years.

Key Naval Combat Systems Market Trend

Integration of naval combat systems into unmanned aerial vehicles is one of the major trends influencing the naval combat systems market growth. One latest trend is the integration of naval combat systems with unmanned aerial vehicles (UAVs). French Delegation Generale pour l'Armement (defence procurement agency, DGA) and DCNS group post several test programs between mid-2013 and late 2014 to evaluate the performance of the DIOD-A module's integration with the Polaris combat system to manage the UAV payload data (from electro-optical sensors) in real-time. This proved successful physical and functional integration of a tactical vertical take-off and landing (VTOL) UAV with a combat system of a warship. After sea trials on the L'Adroit Gowind-class offshore naval vessel, the French Navy, DGA, and DCNS validated all functional units between DCNS's Polaris combat system and the Camcopter S100 VTOL UAV that was developed by Austria-based Schiebel. Following this, DGA issued DCNS with a permit to fly the Camcopter S100. This has encouraged navies in Europe and across the globe to adopt off-board sensor systems. 

Key Naval Combat Systems Market Challenge

Integration difficulties are one of the major challenges impeding the naval combat systems market growth. A capable shipboard combat system consists of effective sensors, fire control, ordnance, and control systems, and an effective combat system integration (CSI) is needed to make all of these work in coordination. Navies depend on CSI to pull together shipboard combat systems that have components supplied from different vendors/suppliers, and each component has its specific requirement for functioning. However, if integration is not done well, it can be very costly and time-consuming. Improper integration can lead to the grounding of valuable warships needed for naval missions. Though many nations may not openly admit that they have encountered CSI problems while assembling a fleet, it is still a widespread comment that the experts make looking at the number of months or years it takes to deploy such combat systems in warships. One of the major difficulties is to achieve multi-ship interoperability that results from different nations collaborating on designing and having a specific combat system on only one class of ships.

This naval combat systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global naval combat systems market as a part of the global aerospace and defence market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the naval combat systems market during the forecast period.

Who are the Major Naval Combat Systems Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • ASELSAN AS
  • ATLAS ELEKTRONIK GmbH
  • BAE Systems Plc
  • Elbit Systems Ltd.
  • General Dynamics Mission Systems Inc.
  • HAVELSAN AS
  • L3Harris Technologies Inc.
  • Leonardo Spa
  • Lockheed Martin Corp.
  • Naval Group
  • Northrop Grumman Corp.
  • QinetiQ Group Plc
  • Raytheon Technologies Corp.
  • Saab AB
  • Safran SA
  • Terma AS
  • Thales Group
  • Ultra Electronics Holdings Plc

 

This statistical study of the naval combat systems market encompasses successful business strategies deployed by the key vendors. The naval combat systems market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Saab - The company offers glass substrates used in consumer electronics, automotive, aerospace, chemistry, and pharmaceutical industries.
  • Saab - the company offers semiconductor glass wafer that includes heat-resistant glass, glass tubing for lighting, glass tubing for pharmaceutical and medical use, and glass for building materials.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The naval combat systems market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Naval Combat Systems Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the naval combat systems market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Naval Combat Systems Market?

Naval Combat Systems Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

55% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for naval combat systems in APAC. Market growth in this region will be faster than the growth of the market in regions.

Integration of multiple systems into naval combat systems will facilitate the naval combat systems market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

Following the outbreak of the COVID-19 pandemic in early 2020, the aerospace and defence industry experienced a slowdown in demand for orders and disruptions in production operations as customers deferred the delivery of new aircraft and workers were sent home due to the imposition of lockdowns. The demand for spare parts also declined due to fewer maintenance activities as commercial flights were suspended. However, in 2021, defence contractors are likely to experience a slowdown in demand and the flattening of the growth curve over the long term as national governments seek to reduce deficits and control their expenses.

What are the Revenue-generating Product Segments in the Naval Combat Systems Market?

Naval Combat Systems Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The naval combat systems market share growth in the weapon systems segment will be significant during the forecast period. The growth of the weapon systems segment of the global naval combat systems market is primarily driven by the substantial procurement of anti-ship missile defence and man-portable air defence systems by combat ships, which will attract new investments in the naval combat systems market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the naval combat systems market size and actionable market insights on post COVID-19 impact on each segment.

 

Naval Combat Systems Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.79%

Market growth 2022-2026

$ 9.53 billion

Market structure

Fragmented

YoY growth (%)

3.21

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 55%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ASELSAN AS, ATLAS ELEKTRONIK GmbH, BAE Systems Plc, Elbit Systems Ltd., General Dynamics Mission Systems Inc., HAVELSAN AS, L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Naval Group, Northrop Grumman Corp., QinetiQ Group Plc, Raytheon Technologies Corp., Saab AB, Safran SA, Terma AS, Thales Group, and Ultra Electronics Holdings Plc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Naval Combat Systems Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive naval combat systems market growth during the next five years
  • Precise estimation of the naval combat systems market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behaviour
  • The growth of the naval combat systems industry across North America, APAC, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of naval combat systems market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Weapon systems - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Weapon systems - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Weapon systems - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Weapon systems - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Weapon systems - Year-over-year growth 2021-2026 (%)
    • 5.4 C4ISR systems - Market size and forecast 2021-2026
      • Exhibit 32: Chart on C4ISR systems - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on C4ISR systems - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on C4ISR systems - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on C4ISR systems - Year-over-year growth 2021-2026 (%)
    • 5.5 Electronic warfare systems - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Electronic warfare systems - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Electronic warfare systems - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Electronic warfare systems - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Electronic warfare systems - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Product
      • Exhibit 40: Market opportunity by Product ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 ASELSAN AS
              • Exhibit 93: ASELSAN AS - Overview
              • Exhibit 94: ASELSAN AS - Product / Service
              • Exhibit 95: ASELSAN AS - Key offerings
            • 10.4 ATLAS ELEKTRONIK GmbH
              • Exhibit 96: ATLAS ELEKTRONIK GmbH - Overview
              • Exhibit 97: ATLAS ELEKTRONIK GmbH - Product / Service
              • Exhibit 98: ATLAS ELEKTRONIK GmbH - Key offerings
            • 10.5 BAE Systems Plc
              • Exhibit 99: BAE Systems Plc - Overview
              • Exhibit 100: BAE Systems Plc - Business segments
              • Exhibit 101: BAE Systems Plc - Key offerings
              • Exhibit 102: BAE Systems Plc - Segment focus
            • 10.6 Elbit Systems Ltd.
              • Exhibit 103: Elbit Systems Ltd. - Overview
              • Exhibit 104: Elbit Systems Ltd. - Product / Service
              • Exhibit 105: Elbit Systems Ltd. - Key offerings
            • 10.7 General Dynamics Mission Systems Inc.
              • Exhibit 106: General Dynamics Mission Systems Inc. - Overview
              • Exhibit 107: General Dynamics Mission Systems Inc. - Business segments
              • Exhibit 108: General Dynamics Mission Systems Inc. - Key news
              • Exhibit 109: General Dynamics Mission Systems Inc. - Key offerings
              • Exhibit 110: General Dynamics Mission Systems Inc. - Segment focus
            • 10.8 HAVELSAN AS
              • Exhibit 111: HAVELSAN AS - Overview
              • Exhibit 112: HAVELSAN AS - Product / Service
              • Exhibit 113: HAVELSAN AS - Key offerings
            • 10.9 L3Harris Technologies Inc.
              • Exhibit 114: L3Harris Technologies Inc. - Overview
              • Exhibit 115: L3Harris Technologies Inc. - Business segments
              • Exhibit 116: L3Harris Technologies Inc. - Key news
              • Exhibit 117: L3Harris Technologies Inc. - Key offerings
              • Exhibit 118: L3Harris Technologies Inc. - Segment focus
            • 10.10 Leonardo Spa
              • Exhibit 119: Leonardo Spa - Overview
              • Exhibit 120: Leonardo Spa - Business segments
              • Exhibit 121: Leonardo Spa - Key news
              • Exhibit 122: Leonardo Spa - Key offerings
              • Exhibit 123: Leonardo Spa - Segment focus
            • 10.11 Lockheed Martin Corp.
              • Exhibit 124: Lockheed Martin Corp. - Overview
              • Exhibit 125: Lockheed Martin Corp. - Business segments
              • Exhibit 126: Lockheed Martin Corp. - Key news
              • Exhibit 127: Lockheed Martin Corp. - Key offerings
              • Exhibit 128: Lockheed Martin Corp. - Segment focus
            • 10.12 Naval Group
              • Exhibit 129: Naval Group - Overview
              • Exhibit 130: Naval Group - Product / Service
              • Exhibit 131: Naval Group - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 132: Inclusions checklist
                • Exhibit 133: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 134: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 135: Research methodology
                • Exhibit 136: Validation techniques employed for market sizing
                • Exhibit 137: Information sources
              • 11.5 List of abbreviations
                • Exhibit 138: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Naval Combat Systems market growth will increase by $9534 million during 2022-2026.
              The naval combat systems market is expected to grow at a CAGR of 3.79% during 2022-2026.
              Technavio has segmented the naval combat systems market by product (Weapon systems, C4ISR systems, and Electronic warfare systems) and geographic (North America, APAC, Europe, Middle East and Africa, and South America).
              ASELSAN AS, ATLAS ELEKTRONIK GmbH, BAE Systems Plc, Elbit Systems Ltd., General Dynamics Mission Systems Inc., HAVELSAN AS, L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Naval Group, Northrop Grumman Corp., QinetiQ Group Plc, Raytheon Technologies Corp., Saab AB, Safran SA, Terma AS, Thales Group, Ultra Electronics Holdings Plc are a few of the key vendors in the naval combat systems market.
              APAC will register the highest growth rate of 54.95% among the other regions. Therefore, the naval combat systems market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the naval combat systems market growth are:
              • Greater focus on ISR operations
              • Open architecture combat management systems
              The naval combat systems market vendors should focus on grabbing business opportunities from the weapon systems segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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