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Geopolitical Threats Incentivize Global Surface Warships Market

12-16-2022 07:46 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Inkwood Research

Surface Warships Market

Surface Warships Market

According to Inkwood Research, the Global Surface Warships Market is anticipated to record a 2.88% CAGR and generate $43.05 billion between the estimation period 2022-2030.

Browse 58 market data Tables and 53 Figures spread over 157 Pages, along with an in-depth analysis of the Global Surface Warships Market by Vessel Type, Component, Operation, & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for existing players, new entrants, and future investors. The study presents a detailed market analysis with inputs from industry professionals across the value chain.

Global Surface Warships Market Scenario

High initial investments in indigenous programs and the rising maritime threats focusing on fleet modernization programs and naval development are anticipated to propel growth in the global surface warships market. Further, the growing geopolitical tensions between China and the United States have accelerated the global surface warships market growth. The change in the political climate in 2020 has led to the nation's cumulatively opposing China on trade and the military front.

According to a report released by the government, the United States Navy plans on purchasing 43 ships between 2021 and 2024. The naval forces also plan on purchasing additional 249 ships in order to acquire a fleet of 304 ships between 2025 and 2049. Globally, the tactical requirement of these ships is primarily due to the changing geopolitical environment. The Chinese fleet consists of around 335 battlecruisers. Therefore, the tensions between China and the United States have surged the military budget investment in the respective nations. Issues like dominance over the Indio-Pacific region and the South China Sea further fuel these conflicts. These conflicts are expected to boost the demand for surface warships during the forecast period.

The Global Surface Warships Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Surface Warships Market by Vessel Type, Component, Operation, & by Geography.: https://inkwoodresearch.com/reports/surface-warships-market/#request-free-sample

Market Segmentation

Market by Vessel Type
• Aircraft Carrier
• Destroyers
• Frigates
• Corvettes
• Other Vessel Types

Market By Component
• Hull & Equipment
• Propulsion/Power Transmission
• Electronics
• Weapon Systems
• Other Components

Market by Operation
• Attack
• Surveillance & Intelligence
• Logistics
• Amphibious
• Other Operations

Report Highlights

- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030

Companies Profiled

• HUNTINGTON INGALLS INDUSTRIES
• FINCANTIERI SPA
• LOCKHEED MARTIN
• GENERAL DYNAMICS
• BAE SYSTEMS
• NAVANTIA SA
• NAVAL GROUP
• THE DAMEN GROUP
• THALES GROUP
• HYUNDAI HEAVY INDUSTRIES

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Inkwood Research
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Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

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