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Allied Market Research

Aircraft Carrier Ship Market by Type (Amphibious Assault Ship, Helicopter Carrier and Fleet Carrier), Technology (Propulsion System, Catapult System, Fixed Wing Aircraft, Command and Control System, Missile Launching System, Radar System, Radar Absorbent Material and Others) and Configuration (Catapult-assisted Take-off Barrier Arrested-recovery (CATOBAR), Short Take-off but Arrested Recovery (STOBAR) and Short Take-off but Vertical Recovery (STOVL)): Global Opportunity Analysis and Industry Forecast, 2020–2027

A10653
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Jun 2021 | 66 Views
 
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Aircraft Carrier Ship Market outlook - 2027

An aircraft carrier ship is a floating military base comprising a fleet of fighter jets & military personnel, radar-based absorbent material, missile launching systems, and catapult system. It is a maritime warship equipped with a full-length flight deck, serving as a seagoing airbase. The flight deck installed in an aircraft carrier is used for carrying, deploying, arming, and recovering aircraft. The aircraft carrier is known for its mobility, versatility, and effective offense, defense, and anti-submarine warfare capabilities in all the military segments, including land, naval, or air. Moreover, the market diversifies the classification of aircraft carrier ships into different models, thereby satisfying various applications. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type, Technology, and Configuration

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa)

  Companies covered

Lockheed Martin Corporation, Thales, BAE Systems plc., General Atomics, General Dynamics Corporation, Fincantieri, Huntington Ingalls Industries Inc., United Shipbuilding, and The Naval Group, Finmeccanica

 

COVID-19 scenario analysis: 

  • Aircraft carrier Ship production is expected to be more agile after the end of COVID-19.
  • The supply chain disruption is expected to affect the future growth of the companies due to lockdown.
  • The revenue is not being generated for the companies due to the ongoing pandemic, which is expected to result in major losses throughout the year.
  • Companies have to deal on a significant margin basis to revive the market.
  • A huge monetary loss has been accounted for in the revenue generation of the aircraft carrier ship companies due to the lockdown.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

Countries across the globe are aiming to gain a competitive edge among military systems of different nations, thereby propelling the demand for aircraft carriers from different regions. In addition, factors, such as territorial integrity, national security, and the sovereign state, drive the demand for aircraft carrier ship. Moreover, technological advancements are anticipated to foster the growth of the market by replacing or upgrading the existing equipment and aircraft material. However, one of the restraining factors is the high maintenance cost associated with space ships, which is expected to hinder the market growth during the forecast period, but consistent advancements in technology and equipment automation are expected to replace the cost restraint with lucrative market potential. 

The global aircraft carrier ship market trends are as follows:

Surge in military applications

The military & defense segment of a country defines its national strength and ability to cope up in war situations. In addition, strengthening the military base allows nations to showcase their dominance over the regions as well in terms of the market. Aircraft carrier ships are applied in various operations of naval forces. The increasing number of geopolitical issues and growing territorial disputes between various nations are intriguing government organizations to bolster their military base. In addition, the military & defense segment of various nations is also increasing its investment budget to upgrade systems and replace the existing fleet with newer generation carrier ships. 

Technological advancements to foster the market growth 

Technology plays an important role in coping with rapidly changing market dynamics. In the military & defense segment, technological advancements are essential to upgrade the exiting assets and replace the obsolete equipment. Moreover, the market provides advancements in the field of the aircraft structure, components, equipment, power sources, and others. In addition, nuclear-powered aircraft carry over two times the volume of fuel carried by conventionally powered aircraft. Furthermore, shipbuilding companies are collaborating with manufacturers of various systems, such as communication, missile defense, propulsion, and others, to develop cheaper aircraft with low cost of maintenance. 

Key segments covered:

Segments

Sub-segments

  Type

  • Amphibious Assault Ship
  • Helicopter Carrier
  • Fleet Carrier

  Technology

  • Propulsion System
  • Catapult System
  • Fixed Wing Aircraft
  • Command and Control System
  • Missile Launching System
  • Radar System
  • Radar Absorbent Material
  • Others

  Configuration   

  • Catapult-assisted Take-off Barrier Arrested-recovery (CATOBAR)
  • Short Take-off but Arrested Recovery (STOBAR)
  • Short Take-off but Vertical Recovery (STOVL)

 

Key benefits of the report:

  • This study presents the analytical depiction of the global aircraft carrier ship market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global aircraft carrier ship market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global aircraft carrier ship market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global aircraft carrier ship market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions answered in the aircraft carrier ship market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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