According to a market report by Lucintel, the future of the global naval vessel market looks promising with opportunities in the search and rescue, combat operation, MCM operation, and coastal surveillance markets. The global naval vessel market is expected to grow with a CAGR of 13.1% from 2024 to 2030. The major drivers for this market are growing investment in maritime surveillance capabilities and growing adoption of unmanned underwater vehicle and smart weapons gaining traction among armed forces.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in naval vessel market to 2030 by type (destroyer, aircraft carrier, frigate, submarine, and others), application (search and rescue, combat operation, MCM operation, and coastal surveillance), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, destroyer, aircraft carrier, frigate, and submarine are the major segments of naval vessel market by type. Lucintel forecasts that destroyer is expected to witness the highest growth over the forecast period.

Within this market, search and rescue is expected to witness the highest growth.

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APAC is expected to witness the highest growth over the forecast period.

BAE Systems, Mazagon Dock Shipbuilders, Garden Reach Shipbuilders And Engineers, Hyundai Heavy Industries, Fincantieri, General Dynamics, Larsen & Toubro, Navantia, Thyssenkrupp Marine, and Damen Shipyards are the major suppliers in the naval vessel market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com