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Published On: Feb 10, 2025

Naval Vessel MRO Industry Research Report 2025

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Summary
Naval vessels are differentiated from civilian ships by their design and purpose. Such ships are damage resilient and armed. Naval vessels 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.
According to APO Research, The global Naval Vessel MRO market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.
North American market for Naval Vessel MRO is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Naval Vessel MRO is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Naval Vessel MRO is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Naval Vessel MRO include BAE Systems, General Dynamics, Huntington Ingalls Industries, Northrop Grumman, Lockheed Martin, Raytheon, URS Corporation, Saab and Elbit Systems. etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Naval Vessel MRO, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Naval Vessel MRO.
The Naval Vessel MRO market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Naval Vessel MRO market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Naval Vessel MRO Segment by Company
BAE Systems
General Dynamics
Huntington Ingalls Industries
Northrop Grumman
Lockheed Martin
Raytheon
URS Corporation
Saab
Elbit Systems
Naval Vessel MRO Segment by Type
Engine MRO
Dry Dock MRO
Regular Maintenance MRO
Component MRO
Naval Vessel MRO Segment by Application
Surface Warship
Submarines
Support Vessels
Naval Vessel MRO Segment by Application
Surface Warship
Submarines
Support Vessels
Naval Vessel MRO Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Naval Vessel MRO market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Naval Vessel MRO and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Naval Vessel MRO.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Naval Vessel MRO companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
Table 1:Secondary Sources
Table 2:Primary Sources
Table 3:Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
Table 4:Market Value Comparison by Application (2020 VS 2024 VS 2031) & (US$ Million)
Table 5:Global Naval Vessel MRO Market Size by Type (2020-2025) & (US$ Million)
Table 6:Global Naval Vessel MRO Revenue Market Share by Type (2020-2025)
Table 7:Global Naval Vessel MRO Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 8:Global Naval Vessel MRO Revenue Market Share by Type (2026-2031)
Table 9:Global Naval Vessel MRO Market Size by Application (2020-2025) & (US$ Million)
Table 10:Global Naval Vessel MRO Revenue Market Share by Application (2020-2025)
Table 11:Global Naval Vessel MRO Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 12:Global Naval Vessel MRO Revenue Market Share by Application (2026-2031)
Table 13:Global Naval Vessel MRO Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
Table 14:Global Naval Vessel MRO Market Size by Region (2020-2025) & (US$ Million)
Table 15:Global Naval Vessel MRO Market Share by Region (2020-2025)
Table 16:Global Naval Vessel MRO Forecasted Market Size by Region (2026-2031) & (US$ Million)
Table 17:Global Naval Vessel MRO Market Share by Region (2026-2031)
Table 18:Naval Vessel MRO Industry Trends
Table 19:Naval Vessel MRO Industry Drivers
Table 20:Naval Vessel MRO Industry Opportunities and Challenges
Table 21:Naval Vessel MRO Market Restraints
Table 22:Global Top Naval Vessel MRO Players by Revenue (US$ Million) & (2020-2025)
Table 23:Global Naval Vessel MRO Revenue Market Share by Players (2020-2025)
Table 24:Global Naval Vessel MRO Industry Players Ranking, 2023 VS 2024 VS 2025
Table 25:Global Key Players of Naval Vessel MRO, Headquarters and Area Served
Table 26:Global Naval Vessel MRO Players, Product Type & Application
Table 27:Global Players Market Concentration Ratio (CR5 and HHI)
Table 28:Global Naval Vessel MRO by Players Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2024)
Table 29:Players Mergers & Acquisitions, Expansion Plans
Table 30:North America Naval Vessel MRO Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 31:North America Naval Vessel MRO Market Size by Country (2020-2025) & (US$ Million)
Table 32:North America Naval Vessel MRO Market Size by Country (2026-2031) & (US$ Million)
Table 33:Europe Naval Vessel MRO Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 34:Europe Naval Vessel MRO Market Size by Country (2020-2025) & (US$ Million)
Table 35:Europe Naval Vessel MRO Market Size by Country (2026-2031) & (US$ Million)
Table 36:Asia Pacific Naval Vessel MRO Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 37:Asia Pacific Naval Vessel MRO Market Size by Region (2020-2025) & (US$ Million)
Table 38:Asia Pacific Naval Vessel MRO Market Size by Country (2026-2031) & (US$ Million)
Table 39:South America Naval Vessel MRO Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 40:South America Naval Vessel MRO Market Size by Country (2020-2025) & (US$ Million)
Table 41:South America Naval Vessel MRO Market Size by Country (2026-2031) & (US$ Million)
Table 42:Middle East & Africa Naval Vessel MRO Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 43:Middle East & Africa Naval Vessel MRO Market Size by Country (2020-2025) & (US$ Million)
Table 44:Middle East & Africa Naval Vessel MRO Market Size by Country (2026-2031) & (US$ Million)
Table 45:BAE Systems Company Information
Table 46:BAE Systems Business Overview
Table 47:BAE Systems Revenue in Naval Vessel MRO Business (2020-2025) & (US$ Million)
Table 48:BAE Systems Naval Vessel MRO Product Portfolio
Table 49:BAE Systems Recent Developments
Table 50:General Dynamics Company Information
Table 51:General Dynamics Business Overview
Table 52:General Dynamics Revenue in Naval Vessel MRO Business (2020-2025) & (US$ Million)
Table 53:General Dynamics Naval Vessel MRO Product Portfolio
Table 54:General Dynamics Recent Developments
Table 55:Huntington Ingalls Industries Company Information
Table 56:Huntington Ingalls Industries Business Overview
Table 57:Huntington Ingalls Industries Revenue in Naval Vessel MRO Business (2020-2025) & (US$ Million)
Table 58:Huntington Ingalls Industries Naval Vessel MRO Product Portfolio
Table 59:Huntington Ingalls Industries Recent Developments
Table 60:Northrop Grumman Company Information
Table 61:Northrop Grumman Business Overview
Table 62:Northrop Grumman Revenue in Naval Vessel MRO Business (2020-2025) & (US$ Million)
Table 63:Northrop Grumman Naval Vessel MRO Product Portfolio
Table 64:Northrop Grumman Recent Developments
Table 65:Lockheed Martin Company Information
Table 66:Lockheed Martin Business Overview
Table 67:Lockheed Martin Revenue in Naval Vessel MRO Business (2020-2025) & (US$ Million)
Table 68:Lockheed Martin Naval Vessel MRO Product Portfolio
Table 69:Lockheed Martin Recent Developments
Table 70:Raytheon Company Information
Table 71:Raytheon Business Overview
Table 72:Raytheon Revenue in Naval Vessel MRO Business (2020-2025) & (US$ Million)
Table 73:Raytheon Naval Vessel MRO Product Portfolio
Table 74:Raytheon Recent Developments
Table 75:URS Corporation Company Information
Table 76:URS Corporation Business Overview
Table 77:URS Corporation Revenue in Naval Vessel MRO Business (2020-2025) & (US$ Million)
Table 78:URS Corporation Naval Vessel MRO Product Portfolio
Table 79:URS Corporation Recent Developments
Table 80:Saab Company Information
Table 81:Saab Business Overview
Table 82:Saab Revenue in Naval Vessel MRO Business (2020-2025) & (US$ Million)
Table 83:Saab Naval Vessel MRO Product Portfolio
Table 84:Saab Recent Developments
Table 85:Elbit Systems Company Information
Table 86:Elbit Systems Business Overview
Table 87:Elbit Systems Revenue in Naval Vessel MRO Business (2020-2025) & (US$ Million)
Table 88:Elbit Systems Naval Vessel MRO Product Portfolio
Table 89:Elbit Systems Recent Developments
Table 90:Authors List of This Report
Figure 1:Research Methodology
Figure 2:Research Process
Figure 3:Key Executives Interviewed
Figure 4:Naval Vessel MRO Product Image
Figure 5:Global Naval Vessel MRO Market Size Comparison by Type (2025-2031) & (US$ Million)
Figure 6:Global Naval Vessel MRO Market Share by Type: 2024 VS 2031
Figure 7:Engine MRO Product
Figure 8:Dry Dock MRO Product
Figure 9:Regular Maintenance MRO Product
Figure 10:Component MRO Product
Figure 11:Global Naval Vessel MRO Market Size by Application (2025-2031) & (US$ Million)
Figure 12:Global Naval Vessel MRO Market Share by Application: 2024 VS 2031
Figure 13:Surface Warship Product
Figure 14:Submarines Product
Figure 15:Support Vessels Product
Figure 16:Global Naval Vessel MRO Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 17:Global Naval Vessel MRO Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 18:Global Naval Vessel MRO Market Share by Region: 2024 VS 2031
Figure 19:Global Naval Vessel MRO Market Share by Players in 2024
Figure 20:Global Naval Vessel MRO Manufacturers Established Date
Figure 21:Global Top 5 and 10 Naval Vessel MRO Players Market Share by Revenue in 2024
Figure 22:Players Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 23:North America Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 24:North America Naval Vessel MRO Market Share by Country (2020-2031)
Figure 25:United States Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 26:Canada Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 27:Mexico Naval Vessel MRO Market Share by Country (2020-2031)
Figure 28:Europe Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 29:Europe Naval Vessel MRO Market Share by Country (2020-2031)
Figure 30:Germany Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 31:France Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 32:U.K. Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 33:Italy Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 34:Spain Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 35:Russia Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 36:Netherlands Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 37:Nordic Countries Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 38:Asia-Pacific Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 39:Asia-Pacific Naval Vessel MRO Market Share by Country (2020-2031)
Figure 40:China Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 41:Japan Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 42:South Korea Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 43:India Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 44:India Naval Vessel MRO Market Share by Country (2020-2031)
Figure 45:Australia Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 46:China Taiwan Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 47:Southeast Asia Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 48:South America Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 49:South America Naval Vessel MRO Market Share by Country (2020-2031)
Figure 50:Brazil Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 51:Argentina Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 52:Chile Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 53:Colombia Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 54:Peru Naval Vessel MRO Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 55:BAE Systems Revenue Growth Rate in Naval Vessel MRO Business (2020-2025)
Figure 56:General Dynamics Revenue Growth Rate in Naval Vessel MRO Business (2020-2025)
Figure 57:Huntington Ingalls Industries Revenue Growth Rate in Naval Vessel MRO Business (2020-2025)
Figure 58:Northrop Grumman Revenue Growth Rate in Naval Vessel MRO Business (2020-2025)
Figure 59:Lockheed Martin Revenue Growth Rate in Naval Vessel MRO Business (2020-2025)
Figure 60:Raytheon Revenue Growth Rate in Naval Vessel MRO Business (2020-2025)
Figure 61:URS Corporation Revenue Growth Rate in Naval Vessel MRO Business (2020-2025)
Figure 62:Saab Revenue Growth Rate in Naval Vessel MRO Business (2020-2025)
Figure 63:Elbit Systems Revenue Growth Rate in Naval Vessel MRO Business (2020-2025)

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