The report forecasts the global aircraft carriers market to grow at a CAGR of 2.11% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global aircraft carriers market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of conventional-powered aircraft carriers and nuclear-powered aircraft carriers.
The emergence of advanced naval technologies and features has changed the defense equipment development process. There have been rapid advancements with respect to the range, lethality, accuracy, preventive aids, stealth characteristics, and mobility of aircraft carriers. Most of the next-generation aircraft carriers that are being developed are being incorporated with new and cutting-edge technologies.
According to the report, numerous countries are upgrading their maritime defense units by developing and acquiring a number of warships including aircraft carriers. The growing number of such assets will also encourage the development of naval combat systems, which in turn will allow defense authorities to have greater dominance over seas and oceans.
Further, the report states that currently, the major challenges faced by defense authorities are cost overruns and test failures. Over the last five decades, some prominent aircraft carrier development programs were canceled or delayed due to aforementioned reasons.
- BAE Systems
- Huntington Ingalls Industries
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by type
Part 07: Geographical segmentation
Part 08: Key leading countries
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/pznt6s/global_aircraft
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-aircraft-carriers-market-to-grow-2-by-2020---numerous-countries-are-upgrading-their-maritime-defense-units---research-and-markets-300378108.html
SOURCE Research and Markets