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

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?

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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?

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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?

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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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