The market for warships and naval vessels is highly essential for the defense sector. The safeguard of coastal areas and borders are highly determined by a country's naval strength. Despite the decrease in defense spending in the West, the market continues to be driven by other factors. The value of global & naval vessels market is estimated to be
The naval vessels and surface combatant market covers submarines, frigates, cruisers, vessels, aircraft carriers, and coast guard ships.
Browse through the market data tables, figures and detailed ToC on the "Support Vessels Market".
The countries in the
The major factors driving maritime security among
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AMI forecast that between 2010 and 2030, the U.S. market will account for 63% of the world's future spending on aircraft carriers and large expeditionary ships, 39% of the world's investment in cruisers and destroyers, 37% of the global submarine spending, and 23% of the global market for frigates and corvettes.
The US will remain the world's largest naval market by value, followed by the
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