Home / Aerospace & defense / Naval Vessel MRO Market By MRO Service (Maintenance & Repair (MR) Level, Overhauls), By Navy Vessels (Battleships, Corvettes, Submarines, Frigates) - Growth, Future Prospects & Competitive Analysis, 2017 – 2025

Naval Vessel MRO Market By MRO Service (Maintenance & Repair (MR) Level, Overhauls), By Navy Vessels (Battleships, Corvettes, Submarines, Frigates) - Growth, Future Prospects & Competitive Analysis, 2017 – 2025

Published: Jan 2018 | Report Code: 58951-01-18

The maintenance, repair and overhaul of navy vessels includes maintenance and repair works on engine & its components, vessel deck, mechanical, and electrical components. For efficient performance and proper running of mechanical and electrical components, standard operating procedures are followed as described in the navy manual. Today, warships are considered as one of the largest platforms carrying complex weapons, equipment’s, sensors amongst others. Therefore, their frequent repair and maintenance is thus of utmost importance since they have to be in high state of preparedness to face extreme environment, hostile territories and operational demands near shore or in deep sea.

Refit & repair are considered as critical activity of a vessel for its safe and efficient operation. The navy undertakes various sea worthiness and operational fitness tests primarily at naval docks. This service of making vessel or its fleet sea worthy, is also handed to public/private sector shipyards.

Most of navy vessels designs are old and in many cases, the ships are converted from commercial merchant ship. This conversion is one of the major reason for increased frequency of repair and maintenance works. Historically, navy ships were mostly adapted from cruise liners and passenger ships but now even the offshore going project vessels are also considered for conversion. Thus, the conversion activity mandatorily involves immense MRO activities and is one of the major driving factor for the navy vessel MRO market.

Royal navy and other naval vessels are very often deployed away from their base ports for very long duration that significantly arises MRO issues. In cases where there is high focus on warfare activities (expeditionary) and relief operations, navy vessels with high utility capacity are preferred, that requires frequent maintenance and repair of vessels as a defense mandate. Therefore, leading to high growth in maintenance, overhaul and repair of fleet.

The repair and maintenance are carried out under operational-cum-refit-cycle (OCRC) for each class of ship. The OCRC is propagated by the defense ministries of respective countries based on timely basis and its operational experience. The MRO techniques helps in introducing or phasing out of a particular class and built of ship. The OCRC defines the period wherein a particular naval vessel is to remain at sea, be under deployable state and finally a period it has to spend for MRO activity.

Based on the MRO service type, the market is segmented into Maintenance & Repair Level (Organizational MR, Intermediate MR, Depot MR), Overhauls (Baseline Overhaul, Regular Overhaul and Complex Overhaul). Based on navy vessel types, the market is segmented into battleship, corvette, minesweeper, frigate and others. North America accounts for the highest expenditure in the MRO market and majority of the expenditure is made by the U.S. Asia Pacific and European regions also account for a significant portion of the market share.

The key naval vessel MRO service providers are, but not limited to: BAE systems, General Dynamics, Hutington Ingalls Industries, Lockheed Martin, Northrop Grumman, Elbit Systems, Raytheon, Rockwell Collins, SIAC, Kongsberg, SAAB, Teledyne Brown Engineering, Babcock International Group and URS Corporation.

The Global Navy Vessels MRO Market is segmented into following categories:

  • By MRO Service Type
    • Maintenance & Repair (MR) Level
      • Organizational MR
      • Intermediate MR
      • Depot MR
      • Voyage MR
    • Overhauls
      • Baseline Overhaul (BOH)
      • Regular Overhaul (ROH)
      • Complex Overhaul (COH)
      • Integrated Logistics Overhaul (ILO)
  • By Navy Vessels Type
    • Battleship
    • Corvette
    • Submarines
    • Frigate
    • Others [minesweeper, dromon, full rigged ship, missile boat, etc.]
  • By Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • France
      • Germany
      • U.K.
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India and Indian Sub-Continent
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • GCC
      • Rest of Middle East & Africa

Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase II-Expert Panel Review
1.3.4. Top Down & Bottom Up Approach
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5. Assumptions
1.3.6. Approach Adopted
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Naval Vessels MRO Market Snapshot
2.1.1. Global Naval Vessels MRO Market, by MRO Service Type, 2017 (US$ Mn)
2.1.2. Global Naval Vessels MRO Market, by Navy Vessels Type, 2017 (US$ Mn)
2.1.3. Global Naval Vessels MRO Market, by Geography, 2017 (US$ Mn)

Chapter 3. Naval Vessels MRO Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.2.1. Increased Defense Budget Spending in North America and Asia Pacific Market to Drive the Market for the Forecast Period
3.3. Challenges
3.3.1. Highly Stringent Vendor/Dealer/OEM Selections for Raw Material Supply in Weapon and Navy Class Ship Building
3.4. Opportunities
3.4.1. Demand for C4ISR (Communications, Command, Control, Computers, Intelligence, Surveillance and Reconnaissance) Systems is Expected to Boost Market Growth in the Future
3.5. Attractive Investment Proposition, by Geography, 2016
3.6. Competitive Landscape
3.6.1. Competitive Landscape of Key Players in Battleships Growth Protection Systems Market, 2016

Chapter 4. Global Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
4.1. Overview
4.1.1. Global Naval Vessels MRO Market Value Share, by MRO Service Type, 2017 & 2026 (Value, %)
4.2. Maintenance & Repair (MR) Level
4.2.1. Organizational MR
4.2.2. Intermediate MR
4.2.3. Depot MR
4.2.4. Voyage MR
4.3. Overhauls
4.3.1. Baseline Overhaul (BOH)
4.3.2. Regular Overhaul (ROH)
4.3.3. Complex Overhaul (COH)
4.3.4. Integrated Logistics Overhaul (ILO)

Chapter 5. Global Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
5.1. Overview
5.1.1. Global Naval Vessels MRO Market Value Share, by Navy Vessels Type, 2017 & 2026 (Value, %)
5.2. Battleships
5.3. Corvettes
5.4. Submarines
5.5. Frigates
5.6. Others (minesweeper, dromon, full rigged ship, missile boat, etc.)

Chapter 6. Global Naval Vessels MRO Market, by Geography, 2016 – 2026 (US$ Mn)
6.1. Overview
6.1.1. Global Naval Vessels MRO Market Value Share, by Geography, 2017 & 2026 (Value, %)
6.2. North America Naval Vessels MRO Market Analysis, 2016 – 2026
6.2.1. North America Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
6.2.2. North America Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.2.3. North America Naval Vessels MRO Market, by Country, 2016 – 2026 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.2.4. U.S. Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.2.5. U.S. Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.2.6. Canada Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.2.7. Canada Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.3. Europe Naval Vessels MRO Market Analysis, 2016 – 2026
6.3.1. Europe Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
6.3.2. Europe Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.3.3. Europe Naval Vessels MRO Market, by Country, 2016 – 2026 (US$ Mn)
6.3.3.1. Germany
6.3.3.2. U.K.
6.3.3.3. France
6.3.3.4. Rest of Europe
6.3.4. Germany Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.3.5. Germany Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.3.6. U.K. Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.3.7. U.K. Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.3.8. France Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.3.9. France Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.3.10. Rest of Europe Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.3.11. Rest of Europe Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.4. Asia Pacific Naval Vessels MRO Market Analysis, 2016 – 2026
6.4.1. Asia Pacific Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
6.4.2. Asia Pacific Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.4.3. Asia Pacific Naval Vessels MRO Market, by Country, 2016 – 2026 (US$ Mn)
6.4.3.1. China
6.4.3.2. Japan
6.4.3.3. India
6.4.3.4. Rest of APAC
6.4.4. China Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.4.5. China Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.4.6. Japan Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.4.7. Japan Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.4.8. India Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.4.9. India Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.4.10. Rest of Asia Pacific Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.4.11. Rest of Asia Pacific Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.5. Latin America Naval Vessels MRO Market Analysis, 2016 – 2026
6.5.1. Latin America Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
6.5.2. Latin America Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.5.3. Latin America Naval Vessels MRO Market, by Country, 2016 – 2026 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.5.4. Brazil Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.5.5. Brazil Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.5.6. Mexico Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.5.7. Mexico Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.5.8. Rest of Latin America Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.5.9. Rest of Latin America Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.6. Middle East & Africa (MEA) Naval Vessels MRO Market Analysis, 2016 – 2026
6.6.1. MEA Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
6.6.2. MEA Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.6.3. MEA Naval Vessels MRO Market, by Region, 2016 – 2026 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA
6.6.4. GCC Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.6.5. GCC Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
6.6.6. Rest of MEA Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
6.6.7. Rest of MEA Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)

Chapter 7. Company Profiles
7.1. BAE Systems
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. General Dynamics,
7.3. Hutington Ingalls Industries
7.4. Lockheed Martin
7.5. Northrop Grumman
7.6. Elbit Systems
7.7. Raytheon
7.8. Rockwell Collins
7.9. SIAC
7.10. Kongsberg
7.11. SAAB
7.12. Teledyne Brown Engineering
7.13. Babcock International Group
7.14. URS Corporation

List of Tables :

TABLE 1 Global Naval Vessels MRO Market Snapshot
TABLE 2 Global Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 3 Global Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 4 Global Naval Vessels MRO Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 5 North America Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 6 North America Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 7 North America Naval Vessels MRO Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 8 U.S. Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 9 U.S. Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 10 Canada Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 11 Canada Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 12 Europe Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 13 Europe Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 14 Europe Naval Vessels MRO Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 15 Germany Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
TABLE 16 Germany Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 17 U.K. Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
TABLE 18 U.K. Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 19 France Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
TABLE 20 France Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 21 Rest of Europe Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 22 Rest of Europe Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 23 Asia Pacific Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 24 Asia Pacific Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 25 Asia Pacific Naval Vessels MRO Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 26 China Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 27 China Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 28 Japan Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
TABLE 29 Japan Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 30 India Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
TABLE 31 India Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 32 Rest of Asia Pacific Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 33 Rest of Asia Pacific Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 34 Latin America Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 35 Latin America Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 36 Latin America Naval Vessels MRO Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 37 Brazil Naval Vessels MRO Market, by MRO Service Type, 2016-2026 (US$ Mn)
TABLE 38 Brazil Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 39 Mexico Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 40 Mexico Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 41 Rest of Latin America Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 42 Rest of Latin America Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 43 Middle East and Africa Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 44 Middle East and Africa Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 45 Middle East and Africa Naval Vessels MRO Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 46 GCC Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 47 GCC Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 48 Rest of Middle East & Africa Naval Vessels MRO Market, by MRO Service Type, 2016 – 2026 (US$ Mn)
TABLE 49 Rest of Middle East & Africa Naval Vessels MRO Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
TABLE 50 BAE Systems: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 51 General Dynamics: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 52 Lockheed Martin: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 53 Titanium Tantulum Products Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 54 Northrop Grumman: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 55 Elbit Systems: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 56 Raytheon: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 57 Rockwell Collins: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 58 SIAC: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 59 Kongsberg: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 60 SAAB: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 61 Teledyne Brown Engineering: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 62 Babcock International Group: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 63 URS Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

List of Figures :

FIG. 1 Naval Vessels MRO: Market Segmentation
FIG. 2 Global Naval Vessels MRO Market, by MRO Service Type, 2017 (US$ Mn)
FIG. 3 Global Naval Vessels MRO Market, by Navy Vessels Type, 2017 (US$ Mn)
FIG. 4 Global Naval Vessels MRO Market, by Geography, 2017 (US$ Mn)
FIG. 5 Attractive Investment Proposition, by Geography, 2017
FIG. 6 Competitive Landscape of Key Players in Navy Vessels MRO Market, 2017
FIG. 7 Global Naval Vessels MRO Market, by Maintenance & Repair (MR) Level, 2016 – 2026 (US$ Mn)
FIG. 8 Global Naval Vessels MRO for Organizational MR Market, 2016 – 2026 (US$ Mn)
FIG. 9 Global Naval Vessels MRO for Intermediate MR Market, 2016 – 2026 (US$ Mn)
FIG. 10 Global Naval Vessels MRO for Depot MR Market, 2016 – 2026 (US$ Mn)
FIG. 11 Global Naval Vessels MRO for Voyage MR Market, 2016 – 2026 (US$ Mn)
FIG. 12 Global Naval Vessels MRO Market, by Overhauls, 2016 – 2026 (US$ Mn)
FIG. 13 Global Naval Vessels MRO for Baseline Overhaul (BOH) Market, 2016 – 2026 (US$ Mn)
FIG. 14 Global Naval Vessels MRO for Regular Overhaul (ROH) Market, 2016 – 2026 (US$ Mn)
FIG. 15 Global Naval Vessels MRO for Complex Overhaul (COH) Market, 2016 – 2026 (US$ Mn)
FIG. 16 Global Naval Vessels MRO for Integrated Logistics Overhaul (ILO) Market, 2016 – 2026 (US$ Mn)
FIG. 17 Global Naval Vessels Market, by Navy Vessels Type, 2016 – 2026 (US$ Mn)
FIG. 18 Global Naval Vessels MRO Battleships Market, 2016 – 2026 (US$ Mn)
FIG. 19 Global Naval Vessels MRO Corvettes Market, 2016 – 2026 (US$ Mn)
FIG. 20 Global Naval Vessels MRO Submarines Market, 2016 – 2026 (US$ Mn)
FIG. 21 Global Naval Vessels MRO Frigate Market, 2016 – 2026 (US$ Mn)
FIG. 22 Global Naval Vessels MRO Others Market, 2016 – 2026 (US$ Mn)

Based on MRO Service type, the global naval vessels MRO Market is categorized into following segments:

  • Maintenance & Repair (MR) Level
    • Organizational MR
    • Intermediate MR
    • Depot MR
    • Voyage MR
  • Overhauls
    • Baseline Overhaul (BOH)
    • Regular Overhaul (ROH)
    • Complex Overhaul (COH)
    • Integrated Logistics Overhaul (ILO)

Naval Vessel MRO Market

Different phases involved in organizational MR are inspection, servicing & lubrication, adjustments & replacement of parts, minor & major assemblies & subassemblies that is usually performed by the ship’s crew. Intermediate MR is the responsibility of designated maintenance takers that involves calibration-recalibration, replacement or repair of unserviceable parts and components. Technical assistance is also provided in this segment by the maintenance takers. Depot maintenance means major overhauling / rebuilding / refit required for parts and components. Service aspects included under depot maintenance are parts manufacturing, testing, modification and reclamation. Depot maintenance provides technical assistance to stocks of serviceable equipment’s utilizing complex and extensive facilities.

Baseline overhaul (BOH) assists in restoration of subsystems of a ship to a baseline condition. BOH is an extensive and well-engineered maintenance program that can be carried out even under naval ships operating cycle. Regular overhaul (ROH) includes general repair and alterations at a navy/private/state or private owned ports shipyard. It is scheduled well in advance and it cannot be accommodated in emergency action/response plan for a naval ship. Complex Overhaul (COH) involves high cost, time, extensive coordination, planning and industrial phases in order to high confidence of successful completion of overhaul activity. Integrated Logistic Overhaul (ILO) is to improve the material readiness of ship by getting the inventories stacked up based on the endurance level approved by the fleet authority.

Based on Navy Vessel Type, the Global Naval Vessels MRO Market is categorized into following segments:

  • Battleship
  • Corvette
  • Submarines
  • Frigate
  • Others (minesweeper, dromon, full rigged ship, missile boat, etc.)

Naval Vessel MRO Market

Frigates are smaller weapon carrying ships (76mm gun) that even has capability to carry torpedoes. These ships are capable of defending while they escort other ships and are also used for counter drug operations. Submarines travel underwater that has unique capability to carry weapon on board while underwater. Submarines are surreptitious navy assets utilized for enemy warships, torpedo and missile deployments. Submarine has capability to stay under water for over 5 months at a stretch.

Corvettes are considered as one of the smallest class of navy warship vessels. As per hierarchy, the lowest class are the patrol boats (fast track crafts), Corvettes, Frigates, Battle ships, and others. A battle ship is an armored warship consisting of multiple caliber guns. For any nation, large fleet of battle ships is essential and desired to maintain the command over the sea. Battleships are designed to provide shore (Land) attack capability as well. Hundreds of warships are currently in use and many under construction. They have massive weapons like missiles, large diameter guns amongst others to facilitate emergency protocol.

Based on the navy vessels type, patrol vessels are the largest type in 2018. However, the frigate vessels are expected to register highest growth rate due to the fact that patrol vessels are versatile and it periodically gets converted into frigate types. Hence, the MRO market is the expected to witness huge growth in frigate vessels market. Few countries with large fleets are U.S., France, U.K., India, Russia, China, Japan, North Korea and Viet Nam.

Based on geographical distribution, the Global Naval Vessels MRO Market is segmented into following categories,

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Rest of Middle East & Africa

Naval Vessel MRO Market

Based on the geography, the naval vessels MRO market was dominated by North America in 2017. The regions accounts for largest spend on naval vessels, submarines, warships, aircraft carriers. Global economic slowdown is one of an attributing factor which enforced capping on defense spending. This restricted the entry of newer vessels into the market. The existing ones underwent massive maintenance, repair, refit and overhaul in order to refurbish, replenish and extend the service lives of the existing fleets. New vessels require less MRO as compared to older ones and which are in service. As a thumb rule, when no new aspects are indicted (new things/materials/equipment’s can be included), the older/existing ones are made to last long enough until budget seems to be in line with procuring new ones. Therefore, the existing naval vessels are undergoing massive maintenance, repair, refit, refurbish and overhaul works to increase their active service life. Thus the market for MRO has been on high growth, globally and similar trend is expected to continue for the forecast period.

Some of the major technological enhancement of naval fleet were done by the navy across the globe. Asia Pacific with two major super powers China and India, are expected to drive the APAC market. Owing to high military expenditure in India and China, the existing fleet capacities being raised which would eventually lead to major repair/refit and overhauling of the existing fleet. Globally, India, China, U.S. and Russia are the major countries which are expected to drive the market of naval vessels MRO.

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