Aircraft Carrier Market Size Size Forecast Till 2030
Market Overview:
Aircraft Carrier Market Size is expected to reach USD 3.905 Billion by 2030, registering a CAGR of 3% during 2020-2030.
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.
The Aircraft Carrier Market Size has been estimated to witness steady growth during the forecast period. Moreover, China is an emerging country in the market and is expected to be the major contributor to the global market growth. Companies are looking forward to developing the aircraft carriers with a higher capacity than the conventional aircraft carriers. Currently, in May 2018, it was reported that China was looking forward to launching its first domestically manufactured 'Type 001A' aircraft carrier, by 2020. This carrier is expected to be larger than the Liaoning aircraft carrier and feature improvements in design and its engines.
The new vessels features include an overall length of 320m and a planned displacement of 85,000 tons. Moreover, China is also developing 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.
Key Players:
The key players in Aircraft Carrier Market Size 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).
Market Segmentation:
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 Size 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)
Regional Analysis:
This study provides an overview of the global Aircraft Carrier Market Size, 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.
Full report @ https://www.marketresearchfuture.com/reports/aircraft-carrier-market-6133
About Market Research Future:
Market Research Future (MRFR) is a global market research company that prides itself on its services, offering comprehensive and accurate analysis with respect to various markets and consumers worldwide. Market Research Future has the distinguished goal of providing customers with optimal quality research and granular research. Our market research by products, services, technologies, applications, end users, and market players for global, regional, and national market segments, allows our customers to see more, learn more, and do more, helping to answer your most important questions
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