Naval Vessels & Surface Combatants MRO Market to Post 4.35% CAGR to 2017, According to SDI Report Published at MarketPublishers.com

09 Jan 2018 • by Natalie Aster

LONDON – The global demand for naval vessel and surface combatants MRO equipment is expected be driven by regional tensions and peace-management operations, threats to maritime security, amid others. The market value is expected to post a 4.35% CAGR to 2027.

The market is anticipated to be dominated by corvette MRO, with frigate MRO following after.

Region-wise, North America is likely to capture the lion’s share (32.4%) of the market. APAC, led by China, India and Japan, comes second. Russia, the UK and France are projected to grab the lion’s market share in Europe.

In-demand research report “The Global Naval Vessels and Surface Combatants MRO Market 2017-2027” created by SDI offers a deep, unprejudiced evaluation of the market on a global level. It provides market size estimates and forecasts; pinpoints the factors that impact demand for naval vessel MRO equipment; examines prevalent market trends and challenges faced by industry players. The study provides a granular trend analysis of the market in the offing. It offers an all-round understanding of the underlying factors propelling the demand for various market segments in the highest spending nations worldwide and keeps track of the opportunities opened up for each of them. The research canvasses demand drivers, industry trends, and the latest technology developments, amid others. It reviews major channels that are driving the market, as well as gives a shrewd picture of prospective opportunities to be tapped. The study discusses the ongoing programs undertaken by the defense establishments of various countries. Furthermore, it reviews the competitive landscape with detailed profiles of the dominant naval vessels MRO providers globally covering all respective information.

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