Aircraft Carriers Market Scope
An aircraft carrier, the naval vessel from which the airplanes may take off and on which they may land. The carrier is primarily an airfield at sea with many of the special features necessitated by limitations in size and the medium in which it operates. To facilitate the short takeoffs and landings, airspeeds over the deck are increased by turning up the ship into the wind. Some of the factors which are driving the market are increased in the focus on maritime security and use of nuclear energy, while there is a challenge which is hindering the market is that the nuclear-powered aircraft carriers demand heavy maintenance which is a significant challenge to tackle
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Fincantieri S.p.A (Italy), Thales Group (France), BAE System (United Kingdom), Navantia (Spain), Huntington Ingalls Industries Ltd. (United States), Wincanton Plc (United Kingdom), Northrop Grumman Corporation (United States), Leonardo S.p.A (Italy), General Atomics (United States), United Shipbuilding Corporation (Russia) and Babcock International Group Plc (United Kingdom) |
CAGR | 3.0% |
Aircraft Carriers market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Fincantieri S.p.A (Italy), Thales Group (France), BAE System (United Kingdom), Navantia (Spain), Huntington Ingalls Industries Ltd. (United States), Wincanton Plc (United Kingdom), Northrop Grumman Corporation (United States), Leonardo S.p.A (Italy), General Atomics (United States), United Shipbuilding Corporation (Russia) and Babcock International Group Plc (United Kingdom) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Aircraft Carriers market by Type , by Application (Aerospace & Defence, Industrial and Commercial) and Region with country level break-up.
On the basis of geography, the market of Aircraft Carriers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In October 2021, US Marine Corps conducted a launch and landing test on the Izumo. one of the largest ships in the Japanese maritime self-defense force.
In October 25, 2018, the French Navy announced its plans to replace the nuclear aircraft carrier ‘Charles de Gaulle’, France’s only strike carrier by the end of its service life in the 2030s. The government has already ordered an 18-month study to determine the architecture of one or more new carriers that will take the place of the French flagship
Influencing Trend:
Ongoing R&D activities and advancements in automation are expected to present solutions for the low- cost maintenance, bringing about innovations and improved technologies
Market Growth Drivers:
Greater dominance over sea, Increased focus on maritime security and Use of nuclear energy
Challenges:
Stringent government regulations and High cost associated with the raw materials and manufacturing
Restraints:
Nuclear-powered aircraft carriers demand a heavy maintenance which is a significant challenge to tackle
Opportunities:
Numerous countries are upgrading their maritime defence units by developing and acquiring several warships including aircraft carriers
Key Target Audience
Aircraft Carriers Industry Investors, Aircraft Carriers Providers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Product Suppliers/ Buyers, Research Institutes, Original Equipment Manufacturer, Component Supplier, Distributors, Government Body & Associations and End-user