Naval Combat Systems Market – Market Overview —
Naval combat systems uses advance computers and radar technologies to track, detect and guide weapons to destroy enemy targets. They comprise of three systems; C4ISR, electronic warfare (EW), and weapon systems, which aid in the naval warfighting, data transmission, ISR missions, and enemy detection operations.
In 2014, there were 62 destroyer ships in the US, compared to Japan and China, which had 60 and 25 such vessels, respectively. During the same period, Russia and South Korea had 12 such destroyer ships, each, while, India, which is continuously developing its naval fleet, had nine such vessels. Similarly, in the same year, there were 47 frigate ships in China, 22 in Taiwan, 21 in Russia and 15 in India. In 2014, Russia had the highest number of Corvette ships, with a total of 74 such vessels.
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In 2014, Lockheed Martin signed a contract with the Canadian Navy, worth $165 million, for the modernization of two Anzac-class frigates. These frigates would be sold to the Royal New Zealand Navy. Similarly, in 2013, General Dynamics signed two contracts, one with the US Navy and the other with the Royal Australian Navy, worth $50 million, to modernize the AN/BYG-1 combat control systems of the Royal Australian Navy and US Navy submarines. The AN/BYG-1 modernization program integrates the weapons and tactical control and network subsystems to provide submarine fleet operators and commanders with enhanced real-time intelligence and improved situational awareness. In the same year, Mikros Systems Corporation, a prominent vendor in the market, signed a contract with the US Navy, worth $2.8 million, to deliver new radars and electronic systems for the US Navy’s Littoral Combat Ships (LCS).
The leading market players in the global naval combat systems market primarily include BAE Systems, Lockheed Martin, Raytheon, Thales, General Dynamics, Harris Corporation, L-3 Communication Systems, Northrop Grumman, and Sagem.
Naval Combat Systems Market – Competitive Analysis
The global naval combat systems market is highly competitive, and vendors compete on the basis of cost, product quality, reliability, and aftermarket service. In order to survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high-quality naval combat systems with latest technology and materials.
Lockheed Martin and Raytheon are the two leading vendors in the market. Their focus is primarily on the implementation of light-weight materials, more electric technologies, and robust systems. In 2015, Lockheed Martin signed a contract with the US Navy, worth $120.4 million, to provide engineering and support services for the AN/BVY-1 Integrated Submarine Imaging System.
Mergers and acquisitions, along with increased collaboration with alliance partners around the world, would drive the global missile market, in the forecast period. In 2015, Harris Corporation acquired Exelis, at $4.75 billion, to provide support to the naval assets globally. Such acquisitions and mergers would enhance the position of the companies in the market and enable direct access to the local customers.
In early 1973, Lockheed Martin had developed the Aegis Weapon System (AWS), a centralized, automated, and command-and-control (C2) weapons system, for the US Navy. It was equipped with the AN/SPY-1 radar, an automatic detect and track, high-powered, multifunction phased-array radar, which had a track capacity of over 100 targets. The computer-based command and decision element enables simultaneous operations against multi-mission threats; such as anti-air, anti-surface and anti-submarine warfare.
In 2015, Lockheed Martin signed another contract with the US Navy, worth $428 million, to modernize and expand its 40-year legacy Aegis combat system on Navy warships, for 10 years. The vendor would reconfigure the Aegis hardware and software that is equipped with the US Navy vessels. Under the contract, the Aegis Baseline 9 destroyer weapon system would be integrated on the new Arleigh Burke-class destroyers. The new configuration would enable the US destroyers and cruisers to simultaneously defend against airborne threats, target and intercept ballistic missiles.
Similarly, China, which has the second-highest defense budget globally, had developed the Aegis destroyer ship, equipped with guided missile systems in 2005. The ships comprised of the Aegis-type phased array panels, vertical launch, long-range missiles and considerable command and control systems. In 2015, the People’s Liberation Army Navy, China, started developing a Type 055 guided-missile destroyer, which is bigger and more powerful than the US Arleigh Burke-class destroyers. The designed ship would have a displacement of 12,000 tons.
During the same period, the Indian Navy launched a 540 feet, 7,300 tons, stealth guided missile destroyer. The ship is equipped with eight BrahMos supersonic cruise missiles, which have an operating range of 180 feet, which were developed by India’s Defense Research and Development Organization (DRDO) and the Russian defense industry. In addition, the ships are equipped with 32 Barak-8/NG medium-long range air defense missiles, an Indo-Israeli surface-to-air missile (SAM), jointly developed by Rafael-IAI and the DRDO. Furthermore, the ship is equipped with a 76 mm Oto Melara Super Rapid Gun, four fully-automated Russian AK-630 close-in weapon systems, and a 127 mm gun. The destroyer is also equipped with IAI-Elta EL/M-2238 S-band (2 to 4 GHz) 3-D volume air surveillance radar (STAR) radar and a Thales LW-08 D-band air search radar. The Multi-Function Surveillance Threat Alert Radar (MF-STAR) is the Israeli equivalent to the US Navy’s Aegis Combat System and on par with the Chinese Aegis System installed on the Type 052D Multirole Destroyer.
For the convenience of the report and enhanced understanding; the naval combat systems market is segmented in to two key dynamics
Segmentation by Systems: Weapon Systems, C4ISR Systems, Electronic Warfare, and Signal & Communication Intelligence.
Segmentation by Regions: Comprises Geographical regions –Americas, Europe, APAC and Middle East and Africa.
Naval Combat Systems Market – Regional Analysis
North America market is dominating the market of naval combat systems market due to growth in global military expenditure and technological advancements. The increasing military expenses by the US Department of Defense (DOD) on naval combat system, in the recent years, have fuelled the demand for systems in the country.
Europe is referred to as the second-largest naval combat systems market due to factors such as increasing military spending in various countries across EMEA regions, ultimately drives the market.
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