Aircraft Carrier Market Report will grow at a CAGR of about 3% during the forecast period till 2023

The increasing focus on gaining more dominance over the sea will drive the growth of the aircraft carrier market during the forecast period. And Analysis by Configuration (Catapult-Assisted Take-Off but Arrested Recovery, Short Take-Off but Arrested Recovery, Short Take-Off but Vertical Recovery), & by Region - Forecast Till 2023

TABLE OF CONTENTS

1. EXECUTIVE SUMMARY
2. SCOPE OF THE REPORT

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5 GLOBAL AIRCRAFT CARRIER MARKET, BY TYPE

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7 GLOBAL AIRCRAFT CARRIER MARKET, BY REGION

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9 COMPETITIVE LANDSCAPE

10 COMPANY PROFILE

10.1 BAE SYSTEMS

10.1.1 COMPANY OVERVIEW

10.1.2 TYPES/SERVICES OFFERING

10.1.3 FINANCIAL OVERVIEW

10.1.4 KEY DEVELOPMENTS

10.1.5 STRATEGY

10.1.6 SWOT ANALYSIS

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Global Aircraft Carrier Market by Type (Conventional-powered, Nuclear-powered), by Configuration (Catapult-Assisted Take-Off but Arrested Recovery, Short Take-Off but Arrested Recovery, Short Take-Off but Vertical Recovery), & by Region - Forecast Till 2023

Aircraft Carrier Market Scenario:

On the basis of type, the aircraft carrier market has been segmented into conventional-powered and nuclear-powered. The nuclear-powered aircraft carrier market segment is estimated to dominate the market during the forecast period, as they can carry over twice the volume of aircraft fuel as compared to their conventional-powered counterparts. This advantage of the nuclear-powered aircraft carrier will drive the growth for this market segment. Moreover, over 60 power reactors are being developed in 13 countries, including China, India, Russia, South Korea, Taiwan, and UAE, which will propel the nuclear-powered aircraft carrier market during the forecast period.

The increasing focus on gaining more dominance over the sea will drive the growth of the aircraft carrier market during the forecast period. Many countries are involved in the development and procurement of a number of battleships, including aircraft carrier to upgrade their maritime defense divisions. Such expansion of assets will result in the overall improvement of naval combat vessels. This will allow the defense authorities to have a greater dominance over oceans and seas. These aircraft carriers are floating airbases that carry dive bombers, fighter aircraft, and torpedo planes and provide readily available air support to the naval fleets. As of 2016, 39 aircraft carriers had been deployed in the oceans, and concurrently, countries such as the U.S., India, Russia, China, and the U.K are looking forward to replacing the existing aircraft carrier with new ones. This would reinforce their defense capabilities in the neighboring seas. Some of the examples of aircraft carrier programs include the Vikrant-class aircraft carrier of the Indian Navy and Liaoning-class aircraft carrier of the People's Liberation Army Navy China.

The aircraft carrier is a floating military base consist of a fleet of fighter jets and military personnel, radar absorbent material, catapult system, missile launching systems, and anti-submarine warfare capabilities. Moreover, they are recognized for mobility, versatility, and competencies.

Key Players

The key players in aircraft carrier market are Thales Group (France), Fincantieri S.p.A (Italy), BAE System (U.K), Huntington Ingalls Industries Ltd. (U.S.), Navantia (Spain), Wincanton Plc (U.K), Leonardo S.p.A (Italy), Northrop Grumman Corporation (U.S.), General Atomics (U.S.), Babcock International Group PLC (U.K), and United Shipbuilding Corporation (Russia).

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Scope of the Aircraft Carrier Market Report

The new vessels will have an overall length of 320m and a planned displacement of 85,000 tons. At present, this aircraft carrier is under a sea trial, and it is expected to finish the sea trial by 2019. Moreover, China is also constructing another aircraft carrier in Shanghai. It is expected that China would develop 4 to 5 aircraft carriers by 2020. The country is aggressively building on its sea power because of the ongoing conflicts in the South China Sea. Therefore, the aircraft carrier market is estimated to witness a CAGR of approximately 3% during the forecast period from 2018 to 2023.

This study provides an overview of the global aircraft carrier market, tracking two market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights the market size, volume, and share for North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global aircraft carrier market by its type, configuration, and region.

By Type

• Conventional-powered
• Nuclear-powered

By Configuration

• Catapult-Assisted Take-Off but Arrested Recovery (Catobar)
• Short Take-Off but Arrested Recovery (Stobar)
• Short Take-Off but Vertical Recovery (Stovl)

By Region

• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• Latin America

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