The report, now available on ASDReports, recognizes the following companies as the key players in the Global Naval Combat Systems Market: BAE Systems, IMI, Lockheed Martin, Raytheon and Thales
Other Prominent Vendors in the market are: General Dynamics, Harris Corp, L-3 Communication, Northrop Grumman, and Sagem.
Commenting on the report, an analyst said: “3D printing is increasingly being used for its more advanced design features compared to traditional methods of CNC cutting, mold manufacturing, or canvas printing. This printing technology comes with many possibilities and is cost-effective compared to legacy manufacturing methods.”
According to the report, the demand for UUVs is continuously increasing in naval intelligence, mine countermeasures (MCM) operations, ISR roles, and anti-submarine warfare missions. Two types of UUVs are used in military operations, namely, remotely operated vehicles (ROVs) and autonomous underwater vehicles (AUVs). ROVs are connected to a surface vessel via cables, which are controlled by humans. AUVs are autonomous from human control.
Further, the report states that ongoing naval programs have been severely affected by budget cuts and sequestration in the US since 2011. This has had an adverse impact on the production and procurement of spare parts and accessories for combat systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: Nov 16, 2015