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The surface combatant,also known as surface shipor surface vessel, is a subset of naval warships thatis designed for warfare on the surface of the water, with weapons and armed forces. They are generally ships built to fight other ships, submarines, aircraft or land targets, and can carry out several other missions, including counter-narcotics operations and maritime interdiction. Their primary purpose is to engage space, air, surface, and submerged targets with weapons deployed from the ship itself, rather than by manned carried craft. Moreover, the surface combatants are technologically advanced warships used for sea-based battlefield operations. Naval warships are equipped with their weapon launch systems such as anti-submarine rocket launchers, torpedo launching systems, rocket launchers, and vertical missile launchers. The incorporation of information, communication, and technology (ICT) in the naval ship is expected to boostthe growth of the surface combatant market during the forecast period.
COVID-19 scenario analysis:
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
Some of the factors that boost the growth of the global market include the use of robotics and technological advancements in naval vessels and surface combatant’s shipbuilding facilitiesand increase in adoption of LNG fueled engines in the naval vessels and surface combatants. However, high development cost of naval vessels and surface combatants and prevalent practices, industry consolidation, and procurement patterns within the marketare creating obstacles,thus hampering the market growth. Conversely, new products, processes, and innovations recently inducted within the sectorare expected to offer lucrative opportunities for the market during the forecast period.
The surface combatant market trends are as follows:
Use of robotics and technological advancements naval vessels and surface combatants shipbuilding facilities
New technologies in naval vessels and surface combatants provide safe and efficient maritime operations. Shipbuilding robotics is used to carry out welding, heavy lifting, blasting, painting, and other tasks in the shipyards. Many companies are launching such products, which are currently in the production processes are carried out by using robotic systems. In addition, these robotics systems are increasing the production rate of the shipbuilding industry. Moreover, these companies which have developed mini welding robots are set to adopt robotics technology in shipbuilding. Furthermore, increase indemand for robotics technology in shipbuilding is fueling naval vessels and surface combatants market growth.
Increase in adoption of LNG fueled engines in the naval vessels and surface combatants
The liquefied Natural Gas (LNG) is an alternate fuel for naval vessels and surface combatants. In the LNG engines, CO2 emission is reduced by 20% as compared to conventional diesel engines. Nitrogen oxide emission (NOX) emissions are cut by almost 90%, while sulfur oxide (SOX) emissions are eliminated. Furthermore, the new generation of naval vessel engines is strongly required to comply with the TIER 3 restrictions in many economies by the International Maritime Organization (IMO). Therefore, increase inadoption of LNG fueled engines will propel the growth of the market in the forecast period.
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