Vessel Engine MRO Market, Global Outlook and Forecast 2022-2028

March 2022 | 60 pages | ID: V26F3134A215EN
Market Monitor Global

Abstracts

Vessel Engine MRO is crucial for sustaining and extending the life of a vessel. It comprises maintenance, overhauls, routine checks, inspections, repairs, and modifications carried out on a vessel and their components. MRO services assure the safety and airworthiness of naval vessels.

This report contains market size and forecasts of Vessel Engine MRO in Global, including the following market information:

Global Vessel Engine MRO Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Vessel Engine MRO market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Maintenance Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Vessel Engine MRO include BAE Systems, General Dynamics, Huntington Ingalls Industries, Northrop Grumman, Lockheed Martin, Raytheon, URS Corporation and Saab, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vessel Engine MRO companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Vessel Engine MRO Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Vessel Engine MRO Market Segment Percentages, by Type, 2021 (%)

• Maintenance
• Repair
• Overhaul

Global Vessel Engine MRO Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Vessel Engine MRO Market Segment Percentages, by Application, 2021 (%)

• Surface Warship
• Submarines
• Support Vessels

Global Vessel Engine MRO Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Vessel Engine MRO Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Vessel Engine MRO revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Vessel Engine MRO revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• BAE Systems
• General Dynamics
• Huntington Ingalls Industries
• Northrop Grumman
• Lockheed Martin
• Raytheon
• URS Corporation
• Saab

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Vessel Engine MRO Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Vessel Engine MRO Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL VESSEL ENGINE MRO OVERALL MARKET SIZE

2.1 Global Vessel Engine MRO Market Size: 2021 VS 2028
2.2 Global Vessel Engine MRO Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Vessel Engine MRO Players in Global Market
3.2 Top Global Vessel Engine MRO Companies Ranked by Revenue
3.3 Global Vessel Engine MRO Revenue by Companies
3.4 Top 3 and Top 5 Vessel Engine MRO Companies in Global Market, by Revenue in 2021
3.5 Global Companies Vessel Engine MRO Product Type
3.6 Tier 1, Tier 2 and Tier 3 Vessel Engine MRO Players in Global Market
  3.6.1 List of Global Tier 1 Vessel Engine MRO Companies
  3.6.2 List of Global Tier 2 and Tier 3 Vessel Engine MRO Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Vessel Engine MRO Market Size Markets, 2021 & 2028
  4.1.2 Maintenance
  4.1.3 Repair
  4.1.4 Overhaul
4.2 By Type - Global Vessel Engine MRO Revenue & Forecasts
  4.2.1 By Type - Global Vessel Engine MRO Revenue, 2017-2022
  4.2.2 By Type - Global Vessel Engine MRO Revenue, 2023-2028
  4.2.3 By Type - Global Vessel Engine MRO Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Vessel Engine MRO Market Size, 2021 & 2028
  5.1.2 Surface Warship
  5.1.3 Submarines
  5.1.4 Support Vessels
5.2 By Application - Global Vessel Engine MRO Revenue & Forecasts
  5.2.1 By Application - Global Vessel Engine MRO Revenue, 2017-2022
  5.2.2 By Application - Global Vessel Engine MRO Revenue, 2023-2028
  5.2.3 By Application - Global Vessel Engine MRO Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Vessel Engine MRO Market Size, 2021 & 2028
6.2 By Region - Global Vessel Engine MRO Revenue & Forecasts
  6.2.1 By Region - Global Vessel Engine MRO Revenue, 2017-2022
  6.2.2 By Region - Global Vessel Engine MRO Revenue, 2023-2028
  6.2.3 By Region - Global Vessel Engine MRO Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Vessel Engine MRO Revenue, 2017-2028
  6.3.2 US Vessel Engine MRO Market Size, 2017-2028
  6.3.3 Canada Vessel Engine MRO Market Size, 2017-2028
  6.3.4 Mexico Vessel Engine MRO Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Vessel Engine MRO Revenue, 2017-2028
  6.4.2 Germany Vessel Engine MRO Market Size, 2017-2028
  6.4.3 France Vessel Engine MRO Market Size, 2017-2028
  6.4.4 U.K. Vessel Engine MRO Market Size, 2017-2028
  6.4.5 Italy Vessel Engine MRO Market Size, 2017-2028
  6.4.6 Russia Vessel Engine MRO Market Size, 2017-2028
  6.4.7 Nordic Countries Vessel Engine MRO Market Size, 2017-2028
  6.4.8 Benelux Vessel Engine MRO Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Vessel Engine MRO Revenue, 2017-2028
  6.5.2 China Vessel Engine MRO Market Size, 2017-2028
  6.5.3 Japan Vessel Engine MRO Market Size, 2017-2028
  6.5.4 South Korea Vessel Engine MRO Market Size, 2017-2028
  6.5.5 Southeast Asia Vessel Engine MRO Market Size, 2017-2028
  6.5.6 India Vessel Engine MRO Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Vessel Engine MRO Revenue, 2017-2028
  6.6.2 Brazil Vessel Engine MRO Market Size, 2017-2028
  6.6.3 Argentina Vessel Engine MRO Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Vessel Engine MRO Revenue, 2017-2028
  6.7.2 Turkey Vessel Engine MRO Market Size, 2017-2028
  6.7.3 Israel Vessel Engine MRO Market Size, 2017-2028
  6.7.4 Saudi Arabia Vessel Engine MRO Market Size, 2017-2028
  6.7.5 UAE Vessel Engine MRO Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 BAE Systems
  7.1.1 BAE Systems Corporate Summary
  7.1.2 BAE Systems Business Overview
  7.1.3 BAE Systems Vessel Engine MRO Major Product Offerings
  7.1.4 BAE Systems Vessel Engine MRO Revenue in Global Market (2017-2022)
  7.1.5 BAE Systems Key News
7.2 General Dynamics
  7.2.1 General Dynamics Corporate Summary
  7.2.2 General Dynamics Business Overview
  7.2.3 General Dynamics Vessel Engine MRO Major Product Offerings
  7.2.4 General Dynamics Vessel Engine MRO Revenue in Global Market (2017-2022)
  7.2.5 General Dynamics Key News
7.3 Huntington Ingalls Industries
  7.3.1 Huntington Ingalls Industries Corporate Summary
  7.3.2 Huntington Ingalls Industries Business Overview
  7.3.3 Huntington Ingalls Industries Vessel Engine MRO Major Product Offerings
  7.3.4 Huntington Ingalls Industries Vessel Engine MRO Revenue in Global Market (2017-2022)
  7.3.5 Huntington Ingalls Industries Key News
7.4 Northrop Grumman
  7.4.1 Northrop Grumman Corporate Summary
  7.4.2 Northrop Grumman Business Overview
  7.4.3 Northrop Grumman Vessel Engine MRO Major Product Offerings
  7.4.4 Northrop Grumman Vessel Engine MRO Revenue in Global Market (2017-2022)
  7.4.5 Northrop Grumman Key News
7.5 Lockheed Martin
  7.5.1 Lockheed Martin Corporate Summary
  7.5.2 Lockheed Martin Business Overview
  7.5.3 Lockheed Martin Vessel Engine MRO Major Product Offerings
  7.5.4 Lockheed Martin Vessel Engine MRO Revenue in Global Market (2017-2022)
  7.5.5 Lockheed Martin Key News
7.6 Raytheon
  7.6.1 Raytheon Corporate Summary
  7.6.2 Raytheon Business Overview
  7.6.3 Raytheon Vessel Engine MRO Major Product Offerings
  7.6.4 Raytheon Vessel Engine MRO Revenue in Global Market (2017-2022)
  7.6.5 Raytheon Key News
7.7 URS Corporation
  7.7.1 URS Corporation Corporate Summary
  7.7.2 URS Corporation Business Overview
  7.7.3 URS Corporation Vessel Engine MRO Major Product Offerings
  7.7.4 URS Corporation Vessel Engine MRO Revenue in Global Market (2017-2022)
  7.7.5 URS Corporation Key News
7.8 Saab
  7.8.1 Saab Corporate Summary
  7.8.2 Saab Business Overview
  7.8.3 Saab Vessel Engine MRO Major Product Offerings
  7.8.4 Saab Vessel Engine MRO Revenue in Global Market (2017-2022)
  7.8.5 Saab Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Vessel Engine MRO Market Opportunities & Trends in Global Market
Table 2. Vessel Engine MRO Market Drivers in Global Market
Table 3. Vessel Engine MRO Market Restraints in Global Market
Table 4. Key Players of Vessel Engine MRO in Global Market
Table 5. Top Vessel Engine MRO Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Vessel Engine MRO Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Vessel Engine MRO Revenue Share by Companies, 2017-2022
Table 8. Global Companies Vessel Engine MRO Product Type
Table 9. List of Global Tier 1 Vessel Engine MRO Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Vessel Engine MRO Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Vessel Engine MRO Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Vessel Engine MRO Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Vessel Engine MRO Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Vessel Engine MRO Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Vessel Engine MRO Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Vessel Engine MRO Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Vessel Engine MRO Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Vessel Engine MRO Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Vessel Engine MRO Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Vessel Engine MRO Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Vessel Engine MRO Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Vessel Engine MRO Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Vessel Engine MRO Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Vessel Engine MRO Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Vessel Engine MRO Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Vessel Engine MRO Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Vessel Engine MRO Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Vessel Engine MRO Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Vessel Engine MRO Revenue, (US$, Mn), 2023-2028
Table 30. BAE Systems Corporate Summary
Table 31. BAE Systems Vessel Engine MRO Product Offerings
Table 32. BAE Systems Vessel Engine MRO Revenue (US$, Mn), (2017-2022)
Table 33. General Dynamics Corporate Summary
Table 34. General Dynamics Vessel Engine MRO Product Offerings
Table 35. General Dynamics Vessel Engine MRO Revenue (US$, Mn), (2017-2022)
Table 36. Huntington Ingalls Industries Corporate Summary
Table 37. Huntington Ingalls Industries Vessel Engine MRO Product Offerings
Table 38. Huntington Ingalls Industries Vessel Engine MRO Revenue (US$, Mn), (2017-2022)
Table 39. Northrop Grumman Corporate Summary
Table 40. Northrop Grumman Vessel Engine MRO Product Offerings
Table 41. Northrop Grumman Vessel Engine MRO Revenue (US$, Mn), (2017-2022)
Table 42. Lockheed Martin Corporate Summary
Table 43. Lockheed Martin Vessel Engine MRO Product Offerings
Table 44. Lockheed Martin Vessel Engine MRO Revenue (US$, Mn), (2017-2022)
Table 45. Raytheon Corporate Summary
Table 46. Raytheon Vessel Engine MRO Product Offerings
Table 47. Raytheon Vessel Engine MRO Revenue (US$, Mn), (2017-2022)
Table 48. URS Corporation Corporate Summary
Table 49. URS Corporation Vessel Engine MRO Product Offerings
Table 50. URS Corporation Vessel Engine MRO Revenue (US$, Mn), (2017-2022)
Table 51. Saab Corporate Summary
Table 52. Saab Vessel Engine MRO Product Offerings
Table 53. Saab Vessel Engine MRO Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Vessel Engine MRO Segment by Type in 2021
Figure 2. Vessel Engine MRO Segment by Application in 2021
Figure 3. Global Vessel Engine MRO Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Vessel Engine MRO Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Vessel Engine MRO Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Vessel Engine MRO Revenue in 2021
Figure 8. By Type - Global Vessel Engine MRO Revenue Market Share, 2017-2028
Figure 9. By Application - Global Vessel Engine MRO Revenue Market Share, 2017-2028
Figure 10. By Region - Global Vessel Engine MRO Revenue Market Share, 2017-2028
Figure 11. By Country - North America Vessel Engine MRO Revenue Market Share, 2017-2028
Figure 12. US Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Vessel Engine MRO Revenue Market Share, 2017-2028
Figure 16. Germany Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 17. France Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Vessel Engine MRO Revenue Market Share, 2017-2028
Figure 24. China Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 28. India Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Vessel Engine MRO Revenue Market Share, 2017-2028
Figure 30. Brazil Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Vessel Engine MRO Revenue Market Share, 2017-2028
Figure 33. Turkey Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Vessel Engine MRO Revenue, (US$, Mn), 2017-2028
Figure 37. BAE Systems Vessel Engine MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. General Dynamics Vessel Engine MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Huntington Ingalls Industries Vessel Engine MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Northrop Grumman Vessel Engine MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Lockheed Martin Vessel Engine MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Raytheon Vessel Engine MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. URS Corporation Vessel Engine MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Saab Vessel Engine MRO Revenue Year Over Year Growth (US$, Mn) & (2017-2022)