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Naval Combat Systems Market | Worldwide Overview By BAE , Lockheed Martin, Raytheon, Thales, General Dynamics, Harris, L-3, Northrop Grumman, and Sagem

12-04-2018 09:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Naval Combat Systems Market

Naval Combat Systems Market

Global Naval Combat Systems Market Report by Systems (Weapon Systems, C4ISR Systems, Electronic Warfare, and Signal & Communication Intelligence), and by Geography- Forecast to 2021

The leading market players in the global naval combat systems market primarily include BAE Systems, Lockheed Martin, Raytheon, Thales, General Dynamics, Harris Corporation, L-3 Communication Systems, Northrop Grumman, and Sagem.

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Naval Combat Systems Market – Market Overview

Naval combat systems uses advance computers and radar technologies to track, detect and guide weapons to destroy enemy targets. They comprise of three systems; C4ISR, electronic warfare (EW), and weapon systems, which aid in the naval warfighting, data transmission, ISR missions, and enemy detection operations.

In 2014, there were 62 destroyer ships in the US, compared to Japan and China, which had 60 and 25 such vessels, respectively. During the same period, Russia and South Korea had 12 such destroyer ships, each, while, India, which is continuously developing its naval fleet, had nine such vessels. Similarly, in the same year, there were 47 frigate ships in China, 22 in Taiwan, 21 in Russia and 15 in India. In 2014, Russia had the highest number of Corvette ships, with a total of 74 such vessels.

In 2014, Lockheed Martin signed a contract with the Canadian Navy, worth $165 million, for the modernization of two Anzac-class frigates. These frigates would be sold to the Royal New Zealand Navy. Similarly, in 2013, General Dynamics signed two contracts, one with the US Navy and the other with the Royal Australian Navy, worth $50 million, to modernize the AN/BYG-1 combat control systems of the Royal Australian Navy and US Navy submarines. The AN/BYG-1 modernization program integrates the weapons and tactical control and network subsystems to provide submarine fleet operators and commanders with enhanced real-time intelligence and improved situational awareness. In the same year, Mikros Systems Corporation, a prominent vendor in the market, signed a contract with the US Navy, worth $2.8 million, to deliver new radars and electronic systems for the US Navy’s Littoral Combat Ships (LCS).

Naval Combat Systems Market – Competitive Analysis

The global naval combat systems market is highly competitive, and vendors compete on the basis of cost, product quality, reliability, and aftermarket service. In order to survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high-quality naval combat systems with latest technology and materials.

Lockheed Martin and Raytheon are the two leading vendors in the market. Their focus is primarily on the implementation of light-weight materials, more electric technologies, and robust systems. In 2015, Lockheed Martin signed a contract with the US Navy, worth $120.4 million, to provide engineering and support services for the AN/BVY-1 Integrated Submarine Imaging System.

Mergers and acquisitions, along with increased collaboration with alliance partners around the world, would drive the global missile market, in the forecast period. In 2015, Harris Corporation acquired Exelis, at $4.75 billion, to provide support to the naval assets globally. Such acquisitions and mergers would enhance the position of the companies in the market and enable direct access to the local customers.

In early 1973, Lockheed Martin had developed the Aegis Weapon System (AWS), a centralized, automated, and command-and-control (C2) weapons system, for the US Navy. It was equipped with the AN/SPY-1 radar, an automatic detect and track, high-powered, multifunction phased-array radar, which had a track capacity of over 100 targets. The computer-based command and decision element enables simultaneous operations against multi-mission threats; such as anti-air, anti-surface and anti-submarine warfare.

In 2015, Lockheed Martin signed another contract with the US Navy, worth $428 million, to modernize and expand its 40-year legacy Aegis combat system on Navy warships, for 10 years. The vendor would reconfigure the Aegis hardware and software that is equipped with the US Navy vessels. Under the contract, the Aegis Baseline 9 destroyer weapon system would be integrated on the new Arleigh Burke-class destroyers. The new configuration would enable the US destroyers and cruisers to simultaneously defend against airborne threats, target and intercept ballistic missiles.

Similarly, China, which has the second-highest defense budget globally, had developed the Aegis destroyer ship, equipped with guided missile systems in 2005. The ships comprised of the Aegis-type phased array panels, vertical launch, long-range missiles and considerable command and control systems. In 2015, the People’s Liberation Army Navy, China, started developing a Type 055 guided-missile destroyer, which is bigger and more powerful than the US Arleigh Burke-class destroyers. The designed ship would have a displacement of 12,000 tons.

During the same period, the Indian Navy launched a 540 feet, 7,300 tons, stealth guided missile destroyer. The ship is equipped with eight BrahMos supersonic cruise missiles, which have an operating range of 180 feet, which were developed by India’s Defense Research and Development Organization (DRDO) and the Russian defense industry. In addition, the ships are equipped with 32 Barak-8/NG medium-long range air defense missiles, an Indo-Israeli surface-to-air missile (SAM), jointly developed by Rafael-IAI and the DRDO. Furthermore, the ship is equipped with a 76 mm Oto Melara Super Rapid Gun, four fully-automated Russian AK-630 close-in weapon systems, and a 127 mm gun. The destroyer is also equipped with IAI-Elta EL/M-2238 S-band (2 to 4 GHz) 3-D volume air surveillance radar (STAR) radar and a Thales LW-08 D-band air search radar. The Multi-Function Surveillance Threat Alert Radar (MF-STAR) is the Israeli equivalent to the US Navy’s Aegis Combat System and on par with the Chinese Aegis System installed on the Type 052D Multirole Destroyer.

Industry/ Innovation/ Related News:

2015:- Lockheed Martin signed a contract worth $362 million, with the US Navy, to design, develop and provide one Littoral Combat Ship (LCS). The vendor was also awarded $79 million for the development of a second ship, in advanced procurement funding.

2015:- BAE Systems signed a contract with the German Navy, to develop and provide MKS180, the multirole combat ship, having the structural design of the British Royal Navy's Type 26 frigate.

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Naval Combat Systems Market – Segments

For the convenience of the report and enhanced understanding; the naval combat systems market is segmented in to two key dynamics

Segmentation by Systems: Weapon Systems, C4ISR Systems, Electronic Warfare, and Signal & Communication Intelligence.

Segmentation by Regions: Comprises Geographical regions –Americas, Europe, APAC and Middle East and Africa.

Naval Combat Systems Market – Regional Analysis
Many countries are modernizing their naval defense units by manufacturing and procuring aircraft carriers. The increase in the number of these assets will simultaneously boost the global development of naval combat systems and enable greater dominance of the defense authorities, over the seas and oceans.

The US Navy has played an integral part in the national strategy of the country, which is surrounded by seas on two ends. Of late, the focus is towards the rapid deployment of forces to engage in asymmetrical conflicts, where the combatant forces can attain the operational efficiency by employing a good synergy between their components.

The US leads in global naval expenses and technological advancements and it generates a high demand for naval combat vessels and systems. Similarly, the South American countries such as Brazil, Chile, Colombia, and Paraguay, make some investments in the development of these vessels and systems.

Since 2014, the US Navy has deployed only one aircraft carrier in the Gulf region for patrolling purposes. The aircraft carrier is being supported by a few cruisers, destroyers, and submarines. However, with the introduction of the fast missile craft (FMC) by the US, there is a high possibility of these low-cost ships being deployed in the Gulf waters worldwide, which would strengthen the US Navy fleet in international seas. These ships are capable of long-range surface attack in case of any incident/hostility.

Scope of Report

The market report for Naval Combat Systems market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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